Nova Reports Record First Quarter 2026 Financial Results
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Nova reported record financial results for Q1 2026, with revenues of $235.3 million, a 6% increase QoQ, and GAAP net income of $69.3 million, or $2.04 per diluted share, also a 5% increase QoQ. Non-GAAP net income reached $80.3 million, or $2.33 per diluted share, a 9% increase QoQ. The company anticipates Q2 2026 revenues between $245 million and $255 million, with diluted GAAP EPS of $2.10 to $2.24. Nova's strong performance is attributed to robust demand for memory devices and successful product lines in metrology solutions.
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