Slides
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Results Q2-2026 Earnings Call August 10 , 2026 Camtek See Beyond
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Introducing Moshe Eisenberg Chief Financial Officer 2 Rafi Amit Chief Executive Officer Ramy Langer Chief Operating Officer
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Certain statements made on this call, constitute “forward-looking statements” within the meaning of the Securities Act of 1933, as amended and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements may use terminology, such as believes, expects, may, will, should, anticipates, plans or similar expressions to identify forward-looking statements. Such statements reflect only current beliefs, expectations, and assumptions of Camtek, however actual results, performance, or achievements of Camtek may differ materially, as they are subject to certain risks and uncertainties. Such risks and uncertainties include, but are not limited to, those that are described in Camtek’s most recent Annual Report on Form 20-F and as may be supplemented from time to time in Camtek’s other filings with the SEC, including today’s earlier filing of the earnings PR, all of which are expressly incorporated herein by reference. Camtek undertakes no obligation to update any such forward-looking statements unless required by law. Camtek’s public filings are available on the Securities and Exchange Commission’s website at www.sec.gov, and may also be obtained from Camtek’s website at www.camtek.com. Also, today’s call will include certain non-GAAP numbers. For a reconciliation between GAAP and non-GAAP results, please see the table attached to the press release that was issued earlier today which is posted on the Investor Relations section of Camtek’s website. Presentation copyright of Camtek Ltd © 2026. All rights reserved. Safe Harbor Statement
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Business Highlights 4
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Q2-26 Highlights Expects strong second half Gross Margin 51.4% Revenue $133.2M Operating Income $36M
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Q2 2026 Business Highlights 6 ~75% of revenues were for Advanced Packaging applications – mostly for AI products • 45% growth in AP sales is expected in H2 2026 compared with H1 • Q4 AP revenues expected to be 70 higher than Q1 Remaining 25%: • General 2D applications • Photonics More than $600M in orders received since the beginning of the year 50% of the revenues came from our new products the Eagle G5 and Hawk
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Exceptional Growth: $600M Since the Beginning of the Year 80% of these orders are for Advanced Packaging Applications The transition to HBM4 and the associated capacity expansion have driven large orders from multiple HBM customers Rapid 2.5D/3DIC capacity expansion is driving significant demand for Camtek, already resulting in large multi-system orders from leading foundries, IDMs and OSATs. OSATs accounted for more than 50% of our total order intake Emerging photonics markets, including silicon photonics and compound semiconductors, are creating a meaningful opportunity for Camtek, with multiple- system orders already received from several customers
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Outlook Revenue guidance for Q3 is between $158M to 160M An exceptional 20% growth quarter over quarter More than 30% growth in H2-26 vs. H1-26 Strong order momentum and backlog level Continued growth into 2027 Strong outlook for both 2026 and into 2027
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New Products & Capabilities Expand TAM New platform configurations and application-specific modules address new markets, e.g.: High resolution backside inspection Fluorescence illumination New metrology platform: NanoProf The Hawk coupled with our breakthrough AI technology penetrate additional process steps, including Hybrid Bonding Operations are scaled to support continued growth Supply chain and manufacturing have been proactively expanded to meet customer demand, with further scaling underway Preparing the organization for the next stage of growth (integration, sales, customer support) New Products Capabilities Expand TAM
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Summary AI adoption is driving sustained investment in data center and advanced semiconductor manufacturing Camtek is strongly positioned with an established footprint at leading semiconductor manufacturers Deep customer collaboration aligns our inspection and metrology roadmap with next-generation technology needs Strong customer engagement, product portfolio expansion and proven execution support long-term sustainable growth
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Financial Highlights 11
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Quarterly Performance (NON-GAAP) 123.3 126.0 128.1 121.7 133.2 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Revenue ($M) 30.3% 29.9% 28.6% 25.5% 27.0% Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Operating Margin 697 698 709 725 764 Q2-25 Q3-25 Q4-25 Q1-26 Q2-26 Headcount
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Selected Balance Sheet Data ($ in millions) 6/30/26 (Unaudited) 12/31/25 (Audited) Cash & Deposits (1) $816 $851 Trade Account Receivables, net 154 91 Inventory 117 128 Fixed Assets 69 65 Intangible Assets + Goodwill 129 84 Current Liabilities 125 107 Convertible Notes, Net 488 520 Total Balance Sheet 1,339 1,260 (1) Includes cash and cash equivalents, short-term and long-term deposits and marketable securities
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Copyright of Camtek Ltd© 2026. All rights reserved. Confidential 14
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Q&A Moshe Eisenberg Chief Financial Officer Rafi Amit Chief Executive Officer Ramy Langer Chief Operating Officer
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Thank You info@camtek.com www.camtek.com Presentation copyright of Camtek Ltd© 2026. All rights reserved