Nova (NVMI) Investor presentation summary

Business overview and performance

• Provides metrology and process control solutions for semiconductor manufacturing, with a resilient business model and diverse revenue streams.

• Achieved $881M in 2025 revenue (+31% YoY) and $1.72B in cash reserves as of June 30, 2026.

• Q2 2026 revenue reached $282M (+16% YoY) and non-GAAP EPS was $2.77 (+14% YoY).

• Over 8,000 active systems deployed at more than 420 customer sites globally.

Market trends and growth drivers

• Semiconductor industry projected to exceed $2T by 2030, with AI demand fueling growth across advanced logic, memory, and packaging segments.

• Market complexity rising due to advanced nodes, 3D structures, and new materials, increasing the need for precise process control.

• AI, advanced packaging, and silicon photonics are key growth areas with high CAGR through 2030.

Technology and product strategy

• Portfolio addresses dimensional, chemical, and materials challenges in logic, memory, and packaging.

• Differentiated by AI-powered software, advanced modeling, and integrated metrology solutions.

• Invests 15% of annual revenue in R&D, focusing on both organic and inorganic growth, and early access to new technologies.

• Offers solutions for advanced logic (GAA, FinFET), memory (3D NAND, DRAM), and packaging (2.5D/3D, hybrid bonding).