Nova (NVMI) Gross Margin (2009 - 2026)
Nova's (NVMI) quarterly Gross Margin came in at 56.54% in Q2 2026, down 130.0% on a YoY basis from 188.48% in Q2 2025, and down 1.94% quarter-over-quarter from 57.66% in Q1 2026.
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Nova (NVMI) Gross Margin (2009 - 2026) Analysis & Trends
Nova (NVMI) has reported Gross Margin for 18 consecutive years, with 56.54% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 130.0% year-over-year to 56.54%; the trailing twelve-month figure through Jun 2026 stood at 57.12% (up 2.0% YoY), and the FY2025 full-year result was 57.37%, down 20.0% from the prior year.
- Gross Margin retreated to 56.54% in Q2 2026 per NVMI's latest filing, from 57.66% in the prior quarter.
- Across five years, Gross Margin topped out at 59.01% in Q2 2024 and bottomed at 54.5% in Q4 2022.
- Historically, Gross Margin has averaged 56.84% across 5 years, with a median of 56.67% in 2024.
- The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 170 bps in 2022, then soared 270 bps in 2023.
- Over 5 years, Gross Margin stood at 54.5% in 2022, then rose by 1 bps to 55.14% in 2023, then rose by 2 bps to 56.44% in 2024, then advanced by 2 bps to 57.6% in 2025, then retreated by 2 bps to 56.54% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 56.54%, 57.66%, and 57.6% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Lam Research | 374.58 Bn | 369.00 Bn | 3.48 Bn | 51.75% |
| 2 | Applied Materials | 362.85 Bn | 353.62 Bn | 4.59 Bn | 50.31% |
| 3 | Kla | 237.04 Bn | 235.39 Bn | 2.24 Bn | 61.36% |
| 4 | Mks | 18.07 Bn | 17.46 Bn | 595.00 Mn | 47.68% |
| 5 | Onto Innovation | 13.82 Bn | 11.94 Bn | 183.25 Mn | 53.41% |
| 6 | Nova | 11.15 Bn | 10.53 Bn | 144.16 Mn | 56.54% |
| 7 | Camtek | 6.80 Bn | 6.49 Bn | 66.70 Mn | 50.06% |
| 8 | ACM Research | 4.89 Bn | 3.55 Bn | 134.62 Mn | 45.96% |
| 9 | Kulicke & Soffa Industries | 4.50 Bn | 3.98 Bn | 157.95 Mn | 47.80% |
| 10 | Axcelis Technologies | 3.52 Bn | 3.12 Bn | 91.19 Mn | 42.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.54% |
| Mar 31, 2026 | 57.66% |
| Dec 31, 2025 | 57.60% |
| Sep 30, 2025 | 56.73% |
| Jun 30, 2025 | 57.84% |
| Mar 31, 2025 | 57.32% |
| Dec 31, 2024 | 56.44% |
| Sep 30, 2024 | 56.62% |
| Jun 30, 2024 | 59.01% |
| Mar 31, 2024 | 58.72% |
| Dec 31, 2023 | 55.14% |
| Sep 30, 2023 | 56.08% |
| Jun 30, 2023 | 56.77% |
| Mar 31, 2023 | 58.45% |
| Dec 31, 2022 | 54.50% |
| Sep 30, 2022 | 56.18% |
| Jun 30, 2022 | 55.80% |
| Mar 31, 2022 | 55.75% |
| Dec 31, 2021 | 56.16% |
| Sep 30, 2021 | 57.88% |