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Nova tops $255M in quarterly revenue, guides higher for Q3
The semiconductor metrology firm posted $75.0 million GAAP net income and guided Q3 revenue to $277M to $287M.
Nova (NVMI) reported second-quarter 2026 results for the three months ended June 30, posting revenue of $255.0 million, up 8% from the first quarter and 16% higher than the second quarter of 2025, according to Yahoo Finance.
GAAP net income came in at $75.0 million, while non-GAAP net income increased to $86.5 million. GAAP diluted EPS was $2.20, and non-GAAP diluted EPS rose to $2.51.
Management said the quarter was driven by record revenue in advanced logic devices, tied to industry adoption of Gate-All-Around transistor architecture and demand for advanced process nodes. Advanced packaging solutions also hit a record, supported by capacity additions across both logic and memory manufacturing.
For the third quarter, Nova guided revenue to $277 million to $287 million, with GAAP diluted EPS of $2.46 to $2.61 and non-GAAP diluted EPS of $2.70 to $2.85. The company attributed improved visibility to broad-based customer demand, continued market share gains, and deeper engagement across leading-edge device segments, Yahoo Finance reported.