Nova prepares Q3 2026 earnings report after Q2 revenue of $255 million

Nova expects to release its third-quarter 2026 financial results before the Nasdaq market opens on November 5, 2026, according to TradingView. The semiconductor quality control company reported Q2 revenue of $255 million, up 15.9% year on year, and analysts expect revenue growth of 25.6% this quarter.

Nova's Q2 Beat and Q3 Expectations

Nova beat analysts' revenue expectations last quarter, reporting revenues of $255 million, up 15.9% year on year. TradingView described it as a very strong quarter for the company, with a significant improvement in its inventory levels and a solid beat of analysts' operating income estimates.

This quarter, the market is expecting Nova's revenue to grow 25.6% year on year, in line with the 25.5% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Nova has a history of exceeding Wall Street's expectations.

Looking at Nova's peers in the semiconductor manufacturing segment, some have already reported their Q3 results. Entegris delivered year-on-year revenue growth of 24.6%, beating analysts' expectations by 8.6%, and FormFactor reported revenues up 38.4%, topping estimates by 3.7%. Entegris traded down 3.7% following the results while FormFactor was also down 11.6%.

Nova's Revenue and Funding Records

Nova designs and sells precision metrology and process control systems for semiconductor manufacturers, serving foundries, IDMs, and memory producers at advanced logic, memory, and advanced packaging nodes, according to akta.pro company records. The same records show full year 2025 revenue of $880.6 million, up 31% year-over-year from $672.4 million in 2024, and Q1 2026 revenue of $235.3 million, a 10% year-over-year increase. GAAP net income for full year 2025 was $259.2 million, up 38% year-over-year. Nova's funding rounds on record include a 2025-09 post ipo debt of $650 million.

Earlier Nova Results and Investor Day

Nova reported Q2 revenue of $255.0 million, up 15.9% year-over-year, while diluted EPS rose only 2.8%, according to Yahoo. The gap stems from a 7.5% increase in diluted shares and a gross margin drop to 56.5%. Operating income grew 16.1%, but net financing income fell, limiting per-share gains.

Nova announced an Investor Day on March 9, 2027, at the Nasdaq MarketSite in New York City, PR Newswire reported. The event will feature presentations from CEO Gaby Waisman, CFO Guy Kizner, and CTO Shay Wolfling, followed by an interactive Q&A.

Nova's March 2027 Investor Day

Nova's Investor Day is scheduled for March 9, 2027, at the Nasdaq MarketSite in New York City. The event will feature presentations from CEO Gaby Waisman, CFO Guy Kizner, and CTO Shay Wolfling, followed by an interactive Q&A. RSVP details are available on the company website.