Camtek Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $496.1M | $429.2M | $315.4M | $320.9M | $269.7M | $155.9M | $134.0M | $123.2M |
| Cost of Revenue | $245.8M | $219.3M | $167.7M | $161.1M | $132.3M | $82.6M | $69.2M | $62.4M |
| Gross Profit | $250.3M | $210.0M | $147.6M | $159.9M | $137.3M | $73.2M | $64.8M | $60.8M |
| Gross Margin | 50.5% | 48.9% | 46.8% | 49.8% | 50.9% | 47.0% | 48.3% | 49.4% |
| Operating Expenses | ||||||||
| Research & Development | $48.3M | $38.3M | $31.5M | $28.9M | $23.5M | $19.6M | $16.3M | $14.6M |
| SG&A Expense | $73.8M | $63.6M | $50.8M | $49.5M | $43.0M | $31.0M | $26.5M | $26.2M |
| Operating Income | $128.2M | $108.1M | $65.4M | $81.5M | $70.9M | $22.6M | $22.0M | $20.0M |
| Operating Margin | 25.8% | 25.2% | 20.7% | 25.4% | 26.3% | 14.5% | 16.4% | 16.3% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $52.3M | $131.2M | $87.6M | $88.2M | $71.9M | $23.4M | $22.8M | $20.8M |
| Income Tax Expense | $1.6M | $12.7M | $9.0M | $8.2M | $11.7M | $1.6M | $2.0M | $2.0M |
| Net Income | $50.7M | $118.5M | $78.6M | $79.9M | $60.3M | $21.8M | $22.0M | $18.7M |
| Net Margin | 10.2% | 27.6% | 24.9% | 24.9% | 22.4% | 14.0% | 16.4% | 15.2% |
| EPS (Basic) | $1.11 | $2.62 | $1.76 | $1.81 | $1.38 | $0.55 | $0.58 | $0.52 |
| EPS (Diluted) | $1.04 | $2.42 | $1.63 | $1.68 | $1.34 | $0.54 | $0.57 | $0.51 |
| Shares Outstanding (Basic) | 45.7K | 45.3K | 44.7K | 44.2K | 43.6K | 39.4M | 37.6M | 36.2M |
| Shares Outstanding (Diluted) | 50.0K | 49.4K | 48.9K | 48.2K | 45.0K | 40.4M | 38.4M | 36.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |