#Israel #financial results #Rehovot #Nova #NVMI

Nova Reports Record Financial Results for Q3 2025

Nova Ltd. (NASDAQ: NVMI), a leading provider of measurement technologies for semiconductor manufacturing, has released its financial results for the third quarter of 2025, marking a significant achievement in the company's history with record revenues.

Financial Highlights

For the three-month period ending September 30, 2025, Nova reported:

• - Record Revenue: $224.6 million, a notable increase of 25% year-over-year (YoY), reaching the upper limit of the company's guidance.
• - Net Income: GAAP net income reported at $61.4 million, or $1.90 per diluted share, marking a 19% increase compared to the same period last year.
• - Non-GAAP Net Income: $70 million or $2.16 per diluted share, reflecting a 24% rise YoY.
• - Strong Growth in Key Sectors: The revenue related to memory devices achieved record numbers, fueled by heightened demand for advanced DRAM high-bandwidth memory devices and advanced logic devices driven by Gate-All-Around manufacturing processes.

This financial success underscores Nova's commitment and ability to innovate and meet the evolving needs of the semiconductor industry.

Detailed Financial Overview

The financial results present a consistent growth trend:

• - Quarterly Revenue Comparison: Reported revenues of $224.6 million, compared to $219.9 million in Q2 2025 and $179 million in Q3 2024.
• - Operating Performance: Operating expenses rose to $63.6 million from $61.6 million in the previous quarter, yet the operating profit is still robust at $63.8 million.
• - Gross Margins: The gross margin for Q3 2025 was 56.7%, slightly down from 57.8% in Q2 2025 but consistent with 56.6% from the same quarter last year. This stability suggests a well-managed cost structure amidst increasing revenue.

Management's Perspective

Gaby Waisman, President and CEO, shared, “Nova achieved record third-quarter results, with the highest sales in memory and advanced logic, driven by strong demand for our cutting-edge metrology solutions in leading nodes and advanced packaging. With positive forecasts for the semiconductor market and rising AI-driven demand, 2025 is projected to be a banner year for Nova.”

Future Outlook

Looking ahead, management has provided optimistic projections for Q4 2025:

• - Expected Revenue: Anticipated between $215 million and $225 million.
• - Earnings Per Share: GAAP EPS estimated to be between $1.77 and $1.95. Non-GAAP EPS is projected from $2.02 to $2.20.

This optimistic outlook indicates confidence in continued expansion aligned with market trends and robust product demand.

Industry Context

The semiconductor industry is witnessing significant growth, driven by a surge in technologies such as artificial intelligence (AI), which demands advanced semiconductors. Nova's ability to provide top-tier metrology solutions positions the company favorably to capitalize on these emerging trends.

Conference Call Announcement

Nova will host a conference call today, November 6, 2025, at 8:30 a.m. ET, providing stakeholders an opportunity to delve deeper into the financial results and future outlook. Interested parties can dial in via the numbers provided or join the webcast available on Nova's investor relations website.

About Nova

Nova remains at the forefront of innovation in metrology solutions, delivering high-performance technology essential for semiconductor manufacturing processes. It empowers clients worldwide to improve operational efficiency and accelerate their time to market by providing critical insights throughout the semiconductor fabrication lifecycle. As the industry evolves, Nova's commitment to innovation and quality positions it as an essential partner to semiconductor manufacturers globally.
Visit Nova's website for more information.