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Side-by-side financial comparison of CAMTEK LTD (CAMT) and COHERENT CORP. (COHR). Click either name above to swap in a different company.

COHERENT CORP. is the larger business by last-quarter revenue ($1.7B vs $242.0M, roughly 7.0× CAMTEK LTD). CAMTEK LTD runs the higher net margin — 28.1% vs 8.7%, a 19.4% gap on every dollar of revenue.

Camtek Ltd is a leading global developer and manufacturer of high-precision inspection and metrology systems for the semiconductor, printed circuit board, and advanced packaging industries. Its solutions support process control, defect detection, and yield optimization for clients across Asia, North America, and Europe.

Coherent Corp. is an American manufacturer of optical materials and semiconductors. As of 2023, the company had 26,622 employees. Their stock is listed at the New York Stock Exchange under the ticker symbol COHR. In 2022, II-VI acquired laser manufacturer Coherent, Inc., and adopted its name.

CAMT vs COHR — Head-to-Head

Bigger by revenue
COHR
COHR
7.0× larger
COHR
$1.7B
$242.0M
CAMT
Higher net margin
CAMT
CAMT
19.4% more per $
CAMT
28.1%
8.7%
COHR

Income Statement — Q2 2025 vs Q2 2026

Metric
CAMT
CAMT
COHR
COHR
Revenue
$242.0M
$1.7B
Net Profit
$68.0M
$146.7M
Gross Margin
50.9%
36.9%
Operating Margin
26.7%
10.0%
Net Margin
28.1%
8.7%
Revenue YoY
17.5%
Net Profit YoY
41.9%
EPS (diluted)
$0.76

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CAMT
CAMT
COHR
COHR
Q4 25
$1.7B
Q3 25
$1.6B
Q2 25
$242.0M
$1.5B
Q1 25
$1.5B
Q4 24
$1.4B
Q3 24
$1.3B
Q2 24
$199.6M
$1.3B
Q1 24
$1.2B
Net Profit
CAMT
CAMT
COHR
COHR
Q4 25
$146.7M
Q3 25
$226.3M
Q2 25
$68.0M
$-95.6M
Q1 25
$15.7M
Q4 24
$103.4M
Q3 24
$25.9M
Q2 24
$52.8M
$-48.4M
Q1 24
$-13.2M
Gross Margin
CAMT
CAMT
COHR
COHR
Q4 25
36.9%
Q3 25
36.6%
Q2 25
50.9%
35.7%
Q1 25
35.2%
Q4 24
35.5%
Q3 24
34.1%
Q2 24
48.1%
32.9%
Q1 24
30.3%
Operating Margin
CAMT
CAMT
COHR
COHR
Q4 25
10.0%
Q3 25
13.7%
Q2 25
26.7%
-4.1%
Q1 25
0.7%
Q4 24
9.0%
Q3 24
1.4%
Q2 24
23.6%
4.8%
Q1 24
1.8%
Net Margin
CAMT
CAMT
COHR
COHR
Q4 25
8.7%
Q3 25
14.3%
Q2 25
28.1%
-6.3%
Q1 25
1.0%
Q4 24
7.2%
Q3 24
1.9%
Q2 24
26.4%
-3.7%
Q1 24
-1.1%
EPS (diluted)
CAMT
CAMT
COHR
COHR
Q4 25
$0.76
Q3 25
$1.19
Q2 25
$-0.81
Q1 25
$-0.11
Q4 24
$0.44
Q3 24
$-0.04
Q2 24
$-0.52
Q1 24
$-0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CAMT
CAMT
COHR
COHR
Cash + ST InvestmentsLiquidity on hand
$232.0M
$863.7M
Total DebtLower is stronger
$3.4B
Stockholders' EquityBook value
$626.5M
$8.5B
Total Assets
$974.7M
$15.1B
Debt / EquityLower = less leverage
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAMT
CAMT
COHR
COHR
Q4 25
$863.7M
Q3 25
$852.8M
Q2 25
$232.0M
$909.2M
Q1 25
$890.3M
Q4 24
$917.8M
Q3 24
$1.0B
Q2 24
$109.8M
$926.0M
Q1 24
$898.6M
Total Debt
CAMT
CAMT
COHR
COHR
Q4 25
$3.4B
Q3 25
$3.3B
Q2 25
$3.7B
Q1 25
$3.7B
Q4 24
$3.9B
Q3 24
$4.0B
Q2 24
$4.1B
Q1 24
$4.2B
Stockholders' Equity
CAMT
CAMT
COHR
COHR
Q4 25
$8.5B
Q3 25
$5.8B
Q2 25
$626.5M
$5.6B
Q1 25
$5.4B
Q4 24
$5.2B
Q3 24
$5.5B
Q2 24
$475.4M
$5.2B
Q1 24
$5.3B
Total Assets
CAMT
CAMT
COHR
COHR
Q4 25
$15.1B
Q3 25
$14.7B
Q2 25
$974.7M
$14.9B
Q1 25
$14.4B
Q4 24
$14.2B
Q3 24
$14.7B
Q2 24
$796.2M
$14.5B
Q1 24
$14.5B
Debt / Equity
CAMT
CAMT
COHR
COHR
Q4 25
0.39×
Q3 25
0.57×
Q2 25
0.65×
Q1 25
0.70×
Q4 24
0.75×
Q3 24
0.73×
Q2 24
0.79×
Q1 24
0.78×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CAMT
CAMT
COHR
COHR
Operating Cash FlowLast quarter
$47.1M
$57.9M
Free Cash FlowOCF − Capex
$-95.7M
FCF MarginFCF / Revenue
-5.7%
Capex IntensityCapex / Revenue
9.1%
Cash ConversionOCF / Net Profit
0.69×
0.39×
TTM Free Cash FlowTrailing 4 quarters
$-103.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAMT
CAMT
COHR
COHR
Q4 25
$57.9M
Q3 25
$46.0M
Q2 25
$47.1M
$130.3M
Q1 25
$163.0M
Q4 24
$187.4M
Q3 24
$153.0M
Q2 24
$70.1M
$162.3M
Q1 24
$117.4M
Free Cash Flow
CAMT
CAMT
COHR
COHR
Q4 25
$-95.7M
Q3 25
$-58.0M
Q2 25
$-1.1M
Q1 25
$51.1M
Q4 24
$81.7M
Q3 24
$61.0M
Q2 24
$62.4M
Q1 24
$24.2M
FCF Margin
CAMT
CAMT
COHR
COHR
Q4 25
-5.7%
Q3 25
-3.7%
Q2 25
-0.1%
Q1 25
3.4%
Q4 24
5.7%
Q3 24
4.5%
Q2 24
4.7%
Q1 24
2.0%
Capex Intensity
CAMT
CAMT
COHR
COHR
Q4 25
9.1%
Q3 25
6.6%
Q2 25
8.6%
Q1 25
7.5%
Q4 24
7.4%
Q3 24
6.8%
Q2 24
7.6%
Q1 24
7.7%
Cash Conversion
CAMT
CAMT
COHR
COHR
Q4 25
0.39×
Q3 25
0.20×
Q2 25
0.69×
Q1 25
10.37×
Q4 24
1.81×
Q3 24
5.91×
Q2 24
1.33×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CAMT
CAMT

Segment breakdown not available.

COHR
COHR

Datacenter And Communications Segment$1.2B72%
Industrial Segment$477.7M28%

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