Nova Ltd. (NVMI) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 235.31M | 222.62M | 224.61M | 219.99M | 213.36M | 194.77M | 178.97M | 156.86M | 141.8M | 134.22M | 128.81M | 122.7M | 132.19M | 151.24M | 143.91M | 141.63M | 133.96M | 121.52M | 112.71M | 97.75M |
| Revenue Growth % | 10.29% | 14.3% | 25.5% | 40.25% | 50.46% | 45.11% | 38.95% | 27.84% | 7.27% | -11.25% | -10.49% | -13.36% | -1.32% | 24.45% | 27.67% | 44.89% | 59.22% | 59.26% | 62.21% | 56.18% |
| Cost of Goods Sold | 99.62M | 94.39M | 97.19M | 92.74M | 91.05M | 84.83M | 77.64M | 64.3M | 58.54M | 60.21M | 56.57M | 53.04M | 54.93M | 67.51M | 61.78M | 61.24M | 57.81M | 53.27M | 47.48M | 41.8M |
| COGS % of Revenue | 42.34% | 42.4% | 43.27% | 42.16% | 42.68% | 43.56% | 43.38% | 40.99% | 41.28% | 44.86% | 43.92% | 43.23% | 41.55% | 44.64% | 42.93% | 43.24% | 43.15% | 43.84% | 42.12% | 42.77% |
| Gross Profit | 135.69M | 128.23M | 127.42M | 127.25M | 122.3M | 109.93M | 101.33M | 92.56M | 83.26M | 74.01M | 72.24M | 69.66M | 77.27M | 83.73M | 82.13M | 80.39M | 76.15M | 68.25M | 65.24M | 55.94M |
| Gross Margin % | 57.66% | 57.6% | 56.73% | 57.84% | 57.32% | 56.44% | 56.62% | 59.01% | 58.72% | 55.14% | 56.08% | 56.77% | 58.45% | 55.36% | 57.07% | 56.76% | 56.85% | 56.16% | 57.88% | 57.23% |
| Gross Profit Growth % | 10.94% | 16.65% | 25.74% | 37.47% | 46.89% | 48.53% | 40.27% | 32.88% | 7.76% | -11.6% | -12.04% | -13.35% | 1.47% | 22.68% | 25.89% | 43.69% | 58.88% | 61.26% | 64.51% | 52.85% |
| Operating Expenses | 64.85M | 67.5M | 63.56M | 61.6M | 59.07M | 54.46M | 52.1M | 46.94M | 46.04M | 40.35M | 38.09M | 40.94M | 41.53M | 46.8M | 43.19M | 43.42M | 39.04M | 38.36M | 29.71M | 28.73M |
| OpEx % of Revenue | 27.56% | 30.32% | 28.3% | 28% | 27.69% | 27.96% | 29.11% | 29.93% | 32.47% | 30.06% | 29.57% | 33.37% | 31.42% | 30.95% | 30.01% | 30.66% | 29.15% | 31.56% | 26.36% | 29.4% |
| Selling, General & Admin | 27.77M | 29.53M | 26.82M | 26.16M | 25.84M | 23.55M | 23.02M | 21.43M | 21.29M | 19.06M | 16.72M | 18.53M | 18.56M | 19.14M | 18.74M | 19.8M | 18.3M | 17.48M | 13.28M | 12.82M |
| SG&A % of Revenue | 11.8% | 13.26% | 11.94% | 11.89% | 12.11% | 12.09% | 12.86% | 13.66% | 15.01% | 14.2% | 12.98% | 15.1% | 14.04% | 12.65% | 13.02% | 13.98% | 13.66% | 14.39% | 11.78% | 13.12% |
| Research & Development | 37.08M | 37.97M | 36.74M | 35.45M | 33.23M | 30.91M | 29.08M | 25.51M | 24.75M | 21.29M | 21.37M | 22.41M | 22.97M | 26.21M | 23.01M | 22.11M | 19.13M | 20.14M | 15.86M | 15.34M |
| R&D % of Revenue | 15.76% | 17.06% | 16.36% | 16.11% | 15.58% | 15.87% | 16.25% | 16.27% | 17.46% | 15.86% | 16.59% | 18.27% | 17.37% | 17.33% | 15.99% | 15.61% | 14.28% | 16.57% | 14.07% | 15.69% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 735K | 574K | 574K |
| Operating Income | 70.84M | 60.73M | 63.86M | 65.64M | 63.23M | 55.47M | 49.23M | 45.62M | 37.22M | 33.66M | 34.15M | 28.72M | 35.74M | 36.92M | 38.94M | 36.96M | 37.11M | 29.89M | 35.53M | 27.21M |
| Operating Margin % | 30.1% | 27.28% | 28.43% | 29.84% | 29.64% | 28.48% | 27.51% | 29.08% | 26.25% | 25.08% | 26.51% | 23.4% | 27.03% | 24.41% | 27.06% | 26.1% | 27.7% | 24.6% | 31.52% | 27.84% |
| Operating Income Growth % | 12.03% | 9.49% | 29.72% | 43.9% | 69.89% | 64.79% | 44.17% | 58.86% | 4.15% | -8.83% | -12.3% | -22.31% | -3.69% | 23.52% | 9.6% | 35.85% | 87.8% | 77.45% | 128.79% | 163.78% |
| EBITDA | 76.65M | 67.04M | 69.54M | 71.11M | 68.13M | 59.77M | 53.58M | 49.98M | 41.59M | 37.88M | 38.4M | 32.67M | 39.52M | 40.88M | 42.48M | 40.48M | 40.75M | 32.31M | 37.72M | 29.38M |
| EBITDA Margin % | 32.57% | 30.12% | 30.96% | 32.33% | 31.93% | 30.69% | 29.94% | 31.86% | 29.33% | 28.22% | 29.81% | 26.62% | 29.9% | 27.03% | 29.52% | 28.58% | 30.42% | 26.59% | 33.46% | 30.06% |
| EBITDA Growth % | 12.49% | 12.18% | 29.78% | 42.29% | 63.82% | 57.78% | 39.55% | 52.99% | 5.24% | -7.34% | -9.6% | -19.29% | -3.03% | 26.52% | 12.61% | 37.78% | 85.99% | 78.59% | 109.84% | 137.69% |
| D&A (Non-Cash Add-back) | 5.81M | 6.31M | 5.68M | 5.47M | 4.9M | 4.3M | 4.35M | 4.36M | 4.37M | 4.22M | 4.25M | 3.95M | 3.78M | 3.95M | 3.54M | 3.51M | 3.65M | 2.42M | 2.19M | 2.17M |
| EBIT | 70.84M | 60.73M | 73.4M | 65.64M | 63.23M | 55.47M | 49.23M | 45.62M | 37.22M | 40.95M | 34.15M | 28.72M | 35.74M | 39.08M | 38.94M | 36.96M | 37.11M | 29.89M | 35.53M | 27.21M |
| Net Interest Income | 13.05M | 12.16M | 9.54M | 15.18M | 12.94M | 3.76M | 11.03M | 7.96M | 6M | 5.98M | 4.8M | 5.63M | 4.73M | 2.16M | 1.53M | 3.57M | 1.22M | -1.52M | -889K | -1.15M |
| Interest Income | 13.05M | 12.16M | 9.54M | 15.18M | 12.94M | 3.76M | 11.03M | 7.96M | 6M | 7.28M | 4.8M | 5.63M | 4.73M | 2.16M | 1.53M | 3.57M | 1.22M | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.52M | 889K | 1.15M |
| Other Income/Expense | 13.05M | 12.16M | 9.54M | 15.18M | 12.94M | 3.76M | 11.03M | 7.96M | 6M | 7.28M | 4.8M | 5.63M | 4.73M | 2.16M | 1.53M | 3.57M | 1.22M | -1.52M | -889K | -1.15M |
| Pretax Income | 83.88M | 72.9M | 73.4M | 80.82M | 76.17M | 59.23M | 60.26M | 53.58M | 43.22M | 40.95M | 38.95M | 34.34M | 40.47M | 39.08M | 40.47M | 40.53M | 38.32M | 28.38M | 34.64M | 26.06M |
| Pretax Margin % | 35.65% | 32.74% | 32.68% | 36.74% | 35.7% | 30.41% | 33.67% | 34.16% | 30.48% | 30.51% | 30.23% | 27.99% | 30.61% | 25.84% | 28.12% | 28.62% | 28.61% | 23.35% | 30.73% | 26.66% |
| Income Tax | 14.63M | 8.21M | 11.98M | 12.53M | 11.35M | 8.75M | 8.98M | 8.44M | 6.36M | 2.88M | 5.26M | 4.42M | 5.84M | 2.98M | 5.4M | 5.65M | 4.16M | 6.15M | 4.3M | 3.13M |
| Effective Tax Rate % | 17.43% | 11.26% | 16.32% | 15.5% | 14.9% | 14.77% | 14.91% | 15.75% | 14.72% | 7.03% | 13.5% | 12.86% | 14.43% | 7.63% | 13.34% | 13.95% | 10.86% | 21.67% | 12.42% | 12.03% |
| Net Income | 69.26M | 64.69M | 61.42M | 68.29M | 64.82M | 50.48M | 51.28M | 45.14M | 36.86M | 38.07M | 33.69M | 29.93M | 34.63M | 36.1M | 35.08M | 34.88M | 34.16M | 22.23M | 30.34M | 22.92M |
| Net Margin % | 29.43% | 29.06% | 27.35% | 31.04% | 30.38% | 25.92% | 28.65% | 28.78% | 25.99% | 28.36% | 26.15% | 24.39% | 26.19% | 23.87% | 24.37% | 24.63% | 25.5% | 18.29% | 26.91% | 23.45% |
| Net Income Growth % | 6.84% | 28.14% | 19.78% | 51.28% | 75.86% | 32.61% | 52.21% | 50.85% | 6.45% | 5.46% | -3.95% | -14.2% | 1.36% | 62.41% | 15.63% | 52.15% | 93.93% | 62.74% | 118.3% | 164.34% |
| Net Income (Continuing) | 69.26M | 64.69M | 61.42M | 68.29M | 64.82M | 50.48M | 51.28M | 45.14M | 36.86M | 38.07M | 33.69M | 29.93M | 34.63M | 36.1M | 35.08M | 34.88M | 34.16M | 22.23M | 30.34M | 22.92M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 2.01 | 1.94 | 1.90 | 2.14 | 2.03 | 1.58 | 1.60 | 1.40 | 1.15 | 1.19 | 1.05 | 0.94 | 1.09 | 1.14 | 1.10 | 1.09 | 1.07 | 0.73 | 1.02 | 0.77 |
| EPS Growth % | -0.99% | 22.78% | 18.75% | 52.86% | 76.52% | 32.77% | 52.38% | 48.94% | 5.5% | 4.39% | -4.55% | -13.76% | 1.87% | 56.16% | 7.84% | 41.56% | 78.33% | 55.32% | 112.5% | 156.67% |
| EPS (Basic) | 2.18 | 2.09 | 2.05 | 2.32 | 2.22 | 1.72 | 1.76 | 1.55 | 1.27 | 1.31 | 1.17 | 1.04 | 1.21 | 1.26 | 1.10 | 1.09 | 1.07 | 0.78 | 1.07 | 0.81 |
| Diluted Shares Outstanding | 34.44M | 33.83M | 32.47M | 32.05M | 32.06M | 32.06M | 32.24M | 32.24M | 32.16M | 32.02M | 31.98M | 31.93M | 31.82M | 31.74M | 31.89M | 31.9M | 31.97M | 30.29M | 29.86M | 29.82M |
| Basic Shares Outstanding | 31.79M | 31.02M | 29.94M | 29.42M | 29.26M | 29.3M | 29.1M | 29.05M | 29.03M | 28.98M | 28.87M | 28.77M | 28.68M | 28.73M | 31.89M | 31.9M | 31.93M | 28.54M | 28.43M | 28.3M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |