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

CAMTEK LTD is the larger business by last-quarter revenue ($242.0M vs $162.6M, roughly 1.5× Ribbon Communications Inc.). Ribbon Communications Inc. runs the higher net margin — 54.8% vs 28.1%, a 26.7% 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.

Ribbon Communications Inc. is a public company that makes software, IP and optical networking solutions for service providers, enterprises and critical infrastructure sectors. The company was formed in 2017, following the merger of Genband and Sonus Networks and is headquartered in Plano, Texas.

CAMT vs RBBN — Head-to-Head

Bigger by revenue
CAMT
CAMT
1.5× larger
CAMT
$242.0M
$162.6M
RBBN
Higher net margin
RBBN
RBBN
26.7% more per $
RBBN
54.8%
28.1%
CAMT

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
CAMT
CAMT
RBBN
RBBN
Revenue
$242.0M
$162.6M
Net Profit
$68.0M
$89.1M
Gross Margin
50.9%
42.9%
Operating Margin
26.7%
Net Margin
28.1%
54.8%
Revenue YoY
-10.3%
Net Profit YoY
EPS (diluted)
$0.50

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
RBBN
RBBN
Q1 26
$162.6M
Q4 25
$227.3M
Q3 25
$215.4M
Q2 25
$242.0M
$220.6M
Q1 25
$181.3M
Q4 24
$251.4M
Q3 24
$210.2M
Q2 24
$199.6M
$192.6M
Net Profit
CAMT
CAMT
RBBN
RBBN
Q1 26
$89.1M
Q4 25
Q3 25
$-12.1M
Q2 25
$68.0M
$-11.1M
Q1 25
$-26.2M
Q4 24
Q3 24
$-13.4M
Q2 24
$52.8M
$-16.8M
Gross Margin
CAMT
CAMT
RBBN
RBBN
Q1 26
42.9%
Q4 25
53.3%
Q3 25
50.1%
Q2 25
50.9%
49.6%
Q1 25
45.4%
Q4 24
55.7%
Q3 24
52.1%
Q2 24
48.1%
50.8%
Operating Margin
CAMT
CAMT
RBBN
RBBN
Q1 26
Q4 25
4.1%
Q3 25
1.3%
Q2 25
26.7%
1.9%
Q1 25
-10.8%
Q4 24
13.2%
Q3 24
-0.4%
Q2 24
23.6%
-1.0%
Net Margin
CAMT
CAMT
RBBN
RBBN
Q1 26
54.8%
Q4 25
Q3 25
-5.6%
Q2 25
28.1%
-5.0%
Q1 25
-14.5%
Q4 24
Q3 24
-6.4%
Q2 24
26.4%
-8.7%
EPS (diluted)
CAMT
CAMT
RBBN
RBBN
Q1 26
$0.50
Q4 25
$0.50
Q3 25
$-0.07
Q2 25
$-0.06
Q1 25
$-0.15
Q4 24
$0.05
Q3 24
$-0.08
Q2 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
CAMT
CAMT
RBBN
RBBN
Cash + ST InvestmentsLiquidity on hand
$232.0M
$67.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$626.5M
$419.1M
Total Assets
$974.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CAMT
CAMT
RBBN
RBBN
Q1 26
$67.6M
Q4 25
$96.4M
Q3 25
$74.8M
Q2 25
$232.0M
$60.5M
Q1 25
$71.2M
Q4 24
$87.8M
Q3 24
$37.2M
Q2 24
$109.8M
$64.6M
Total Debt
CAMT
CAMT
RBBN
RBBN
Q1 26
Q4 25
$342.1M
Q3 25
$344.3M
Q2 25
$346.5M
Q1 25
$347.4M
Q4 24
$348.3M
Q3 24
$349.1M
Q2 24
$350.0M
Stockholders' Equity
CAMT
CAMT
RBBN
RBBN
Q1 26
$419.1M
Q4 25
$449.0M
Q3 25
$360.1M
Q2 25
$626.5M
$370.4M
Q1 25
$381.8M
Q4 24
$404.6M
Q3 24
$395.5M
Q2 24
$475.4M
$405.0M
Total Assets
CAMT
CAMT
RBBN
RBBN
Q1 26
Q4 25
$1.2B
Q3 25
$1.1B
Q2 25
$974.7M
$1.1B
Q1 25
$1.1B
Q4 24
$1.2B
Q3 24
$1.1B
Q2 24
$796.2M
$1.1B
Debt / Equity
CAMT
CAMT
RBBN
RBBN
Q1 26
Q4 25
0.76×
Q3 25
0.96×
Q2 25
0.94×
Q1 25
0.91×
Q4 24
0.86×
Q3 24
0.88×
Q2 24
0.86×

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
RBBN
RBBN
Operating Cash FlowLast quarter
$47.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.69×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CAMT
CAMT
RBBN
RBBN
Q1 26
Q4 25
$29.2M
Q3 25
$26.5M
Q2 25
$47.1M
$-795.0K
Q1 25
$-3.5M
Q4 24
$61.8M
Q3 24
$-14.8M
Q2 24
$70.1M
$-9.8M
Free Cash Flow
CAMT
CAMT
RBBN
RBBN
Q1 26
Q4 25
$27.3M
Q3 25
$21.0M
Q2 25
$-6.5M
Q1 25
$-15.7M
Q4 24
$53.8M
Q3 24
$-23.7M
Q2 24
$-12.9M
FCF Margin
CAMT
CAMT
RBBN
RBBN
Q1 26
Q4 25
12.0%
Q3 25
9.7%
Q2 25
-2.9%
Q1 25
-8.7%
Q4 24
21.4%
Q3 24
-11.3%
Q2 24
-6.7%
Capex Intensity
CAMT
CAMT
RBBN
RBBN
Q1 26
Q4 25
0.9%
Q3 25
2.6%
Q2 25
2.6%
Q1 25
6.7%
Q4 24
3.2%
Q3 24
4.2%
Q2 24
1.6%
Cash Conversion
CAMT
CAMT
RBBN
RBBN
Q1 26
Q4 25
Q3 25
Q2 25
0.69×
Q1 25
Q4 24
Q3 24
Q2 24
1.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CAMT
CAMT

Segment breakdown not available.

RBBN
RBBN

Service$94.5M58%
Product$68.1M42%

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