vs

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

Penumbra Inc is the larger business by last-quarter revenue ($385.4M vs $242.0M, roughly 1.6× CAMTEK LTD). CAMTEK LTD runs the higher net margin — 28.1% vs 12.3%, a 15.8% 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.

Penumbra, Inc. is an American medical device company headquartered in Alameda, California. The company was founded by Arani Bose and Adam Elsesser in 2004. It manufactures devices for interventional therapies to treat vascular conditions such as stroke and aneurysm.

CAMT vs PEN — Head-to-Head

Bigger by revenue
PEN
PEN
1.6× larger
PEN
$385.4M
$242.0M
CAMT
Higher net margin
CAMT
CAMT
15.8% more per $
CAMT
28.1%
12.3%
PEN

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
CAMT
CAMT
PEN
PEN
Revenue
$242.0M
$385.4M
Net Profit
$68.0M
$47.3M
Gross Margin
50.9%
68.0%
Operating Margin
26.7%
15.4%
Net Margin
28.1%
12.3%
Revenue YoY
22.1%
Net Profit YoY
40.6%
EPS (diluted)
$1.20

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
PEN
PEN
Q4 25
$385.4M
Q3 25
$354.7M
Q2 25
$242.0M
$339.5M
Q1 25
$324.1M
Q4 24
$315.5M
Q3 24
$301.0M
Q2 24
$199.6M
$299.4M
Q1 24
$278.7M
Net Profit
CAMT
CAMT
PEN
PEN
Q4 25
$47.3M
Q3 25
$45.9M
Q2 25
$68.0M
$45.3M
Q1 25
$39.2M
Q4 24
$33.7M
Q3 24
$29.5M
Q2 24
$52.8M
$-60.2M
Q1 24
$11.0M
Gross Margin
CAMT
CAMT
PEN
PEN
Q4 25
68.0%
Q3 25
67.8%
Q2 25
50.9%
66.0%
Q1 25
66.6%
Q4 24
66.8%
Q3 24
66.5%
Q2 24
48.1%
54.4%
Q1 24
65.0%
Operating Margin
CAMT
CAMT
PEN
PEN
Q4 25
15.4%
Q3 25
13.8%
Q2 25
26.7%
12.0%
Q1 25
12.4%
Q4 24
13.6%
Q3 24
11.7%
Q2 24
23.6%
-27.0%
Q1 24
4.3%
Net Margin
CAMT
CAMT
PEN
PEN
Q4 25
12.3%
Q3 25
12.9%
Q2 25
28.1%
13.3%
Q1 25
12.1%
Q4 24
10.7%
Q3 24
9.8%
Q2 24
26.4%
-20.1%
Q1 24
3.9%
EPS (diluted)
CAMT
CAMT
PEN
PEN
Q4 25
$1.20
Q3 25
$1.17
Q2 25
$1.15
Q1 25
$1.00
Q4 24
$0.88
Q3 24
$0.75
Q2 24
$-1.55
Q1 24
$0.28

Balance Sheet & Financial Strength

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

Metric
CAMT
CAMT
PEN
PEN
Cash + ST InvestmentsLiquidity on hand
$232.0M
$186.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$626.5M
$1.4B
Total Assets
$974.7M
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAMT
CAMT
PEN
PEN
Q4 25
$186.9M
Q3 25
$321.0M
Q2 25
$232.0M
$421.8M
Q1 25
$376.1M
Q4 24
$324.4M
Q3 24
$280.5M
Q2 24
$109.8M
$288.3M
Q1 24
$223.1M
Stockholders' Equity
CAMT
CAMT
PEN
PEN
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$626.5M
$1.3B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.1B
Q2 24
$475.4M
$1.2B
Q1 24
$1.2B
Total Assets
CAMT
CAMT
PEN
PEN
Q4 25
$1.8B
Q3 25
$1.7B
Q2 25
$974.7M
$1.7B
Q1 25
$1.6B
Q4 24
$1.5B
Q3 24
$1.5B
Q2 24
$796.2M
$1.5B
Q1 24
$1.6B

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
PEN
PEN
Operating Cash FlowLast quarter
$47.1M
$86.5M
Free Cash FlowOCF − Capex
$68.0M
FCF MarginFCF / Revenue
17.7%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
0.69×
1.83×
TTM Free Cash FlowTrailing 4 quarters
$174.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAMT
CAMT
PEN
PEN
Q4 25
$86.5M
Q3 25
$58.3M
Q2 25
$47.1M
$44.9M
Q1 25
$49.0M
Q4 24
$51.1M
Q3 24
$56.5M
Q2 24
$70.1M
$22.6M
Q1 24
$38.3M
Free Cash Flow
CAMT
CAMT
PEN
PEN
Q4 25
$68.0M
Q3 25
$42.0M
Q2 25
$29.4M
Q1 25
$35.5M
Q4 24
$45.7M
Q3 24
$51.0M
Q2 24
$18.1M
Q1 24
$32.5M
FCF Margin
CAMT
CAMT
PEN
PEN
Q4 25
17.7%
Q3 25
11.8%
Q2 25
8.7%
Q1 25
11.0%
Q4 24
14.5%
Q3 24
16.9%
Q2 24
6.0%
Q1 24
11.7%
Capex Intensity
CAMT
CAMT
PEN
PEN
Q4 25
4.8%
Q3 25
4.6%
Q2 25
4.6%
Q1 25
4.2%
Q4 24
1.7%
Q3 24
1.8%
Q2 24
1.5%
Q1 24
2.1%
Cash Conversion
CAMT
CAMT
PEN
PEN
Q4 25
1.83×
Q3 25
1.27×
Q2 25
0.69×
0.99×
Q1 25
1.25×
Q4 24
1.52×
Q3 24
1.91×
Q2 24
1.33×
Q1 24
3.48×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CAMT
CAMT

Segment breakdown not available.

PEN
PEN

Thrombectomy$254.7M66%
Other$130.7M34%

Related Comparisons