Slide 1: Nova Reports Record First Quarter 2026 Financial Results
Company Contact: Guy Kizner, Chief Financial Officer Tel: +972-73-229-5760 E-mail - investors@novami.com Nova website link - https://www.novami.com/ Investor Relations Contact: Miri Segal MS-IR LLC Tel: +917-607-8654 E-mail - msegal@ms-ir.com Nova Reports Record First Quarter 2026 Financial Results
Slide 2: Management Comments
Management Comments This was a record quarter for Nova across every dimension.” said Gaby Waisman, President and CEO. “We achieved record revenue and profitability, with service revenue and multiple product lines, spanning optical, materials, and chemical metrology, each reaching all-time high. Thes
Slide 3: Conference Call Information and About Nova
At: 8:30 a.m. Eastern Time 5:30 a.m. Pacific Time 3:30 p.m. Israel Time The conference call will also be webcast live from a Link on Nova's website at https://www.novami.com/investors/events/. A replay of the conference call will be available from May 14, 2026, at 11:30 a.m. Eastern Time until Augus
Slide 4: Forward-Looking Statements
materially from any future results, levels of activity, performance or achievements expressed or implied in those forward-looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to, the following: risks related to information t
Slide 5: Condensed Consolidated Balance Sheets
NOVA LTD. CONDENSED CONSOLIDATED BALANCE SHEETS (U.S. dollars in thousands) - (Unaudited) As of March 31, December 31, ASSETS 2026 2025 Current assets Cash and cash equivalents 421,816 214,462 Short-term interest-bearing bank deposits 333,296 512,250 Marketable securities 343,432 321,798 Trade accou
Slide 6: Condensed Consolidated Statements of Operations
NOVA LTD. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (U.S. dollars in thousands, except per share data) - (Unaudited) Three months ended March 31, 2026 2025 Revenues: Products 186,263 173,942 Services 49,045 39,414 Total revenues 235,308 213,356 Total cost of revenues 99,620 91,053 Gross profit
Slide 7: Condensed Consolidated Statements of Cash Flows
NOVA LTD. CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (U.S. dollars in thousands) - (Unaudited) Three months ended December 31, 2026 2025 Cash flows from operating activities: Net income 69,259 64,823 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation
Slide 8: Reconciliation of GAAP to Non-GAAP Results
NOVA LTD. RECONCILIATION OF GAAP TO NON-GAAP RESULTS (U.S. dollars in thousands, except percentage and per share data) - (Unaudited) Three months ended March 31, December 31, March 31, 2026 2025 2025 GAAP gross profit 135,688 128,233 122,303 Stock-based compensation* 2,072 1,990 1,847 Amortization o
Slide 9: Reconciliation of Second Quarter 2026 GAAP to Non-GAAP Guidance
NOVA LTD. SUPPLEMENTAL INFORMATION - RECONCILIATION OF SECOND QUARTER 2026 GAAP TO NON-GAAP GUIDANCE (U.S. dollars) (Unaudited) Low High Estimated GAAP net income per diluted share 2.10 2.24 Estimated non-GAAP items: Stock-based compensation 0.20 0.20 Amortization of acquired intangible assets 0.06