Nova Ltd
NASDAQ:NVMI
Income Statement
Earnings Waterfall
Nova Ltd
Income Statement
Nova Ltd
| Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
4
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
|
| Revenue |
39
N/A
|
32
-18%
|
28
-13%
|
30
+9%
|
39
+30%
|
27
-30%
|
56
+103%
|
81
+46%
|
112
+37%
|
119
+7%
|
124
+4%
|
125
+1%
|
121
-4%
|
94
-22%
|
107
+14%
|
149
+39%
|
155
+4%
|
150
-3%
|
154
+2%
|
164
+7%
|
184
+12%
|
205
+11%
|
215
+5%
|
222
+3%
|
230
+4%
|
236
+3%
|
246
+4%
|
251
+2%
|
245
-2%
|
235
-4%
|
223
-5%
|
225
+1%
|
229
+2%
|
241
+5%
|
258
+7%
|
269
+5%
|
293
+9%
|
328
+12%
|
371
+13%
|
416
+12%
|
466
+12%
|
510
+9%
|
541
+6%
|
571
+5%
|
569
0%
|
550
-3%
|
535
-3%
|
518
-3%
|
528
+2%
|
562
+6%
|
612
+9%
|
672
+10%
|
744
+11%
|
807
+8%
|
853
+6%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(26)
|
(22)
|
(20)
|
(19)
|
(22)
|
(13)
|
(26)
|
(38)
|
(52)
|
(57)
|
(59)
|
(59)
|
(57)
|
(46)
|
(52)
|
(71)
|
(74)
|
(69)
|
(86)
|
(89)
|
(95)
|
(101)
|
(88)
|
(91)
|
(95)
|
(99)
|
(104)
|
(106)
|
(105)
|
(102)
|
(101)
|
(103)
|
(105)
|
(108)
|
(113)
|
(118)
|
(128)
|
(144)
|
(161)
|
(181)
|
(204)
|
(223)
|
(239)
|
(254)
|
(252)
|
(244)
|
(237)
|
(225)
|
(228)
|
(240)
|
(261)
|
(285)
|
(318)
|
(346)
|
(366)
|
|
| Gross Profit |
13
N/A
|
10
-25%
|
8
-15%
|
12
+40%
|
18
+53%
|
15
-16%
|
30
+103%
|
43
+44%
|
59
+37%
|
62
+5%
|
64
+4%
|
66
+3%
|
64
-4%
|
48
-25%
|
55
+16%
|
77
+39%
|
81
+5%
|
81
0%
|
68
-16%
|
75
+11%
|
90
+19%
|
104
+16%
|
127
+22%
|
131
+3%
|
135
+3%
|
137
+2%
|
142
+3%
|
145
+2%
|
141
-3%
|
133
-5%
|
123
-8%
|
122
-1%
|
125
+2%
|
133
+7%
|
145
+9%
|
151
+4%
|
165
+9%
|
184
+12%
|
210
+14%
|
235
+12%
|
262
+11%
|
287
+9%
|
302
+5%
|
317
+5%
|
317
0%
|
306
-3%
|
298
-3%
|
293
-1%
|
299
+2%
|
322
+8%
|
351
+9%
|
387
+10%
|
426
+10%
|
461
+8%
|
487
+6%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(19)
|
(18)
|
(15)
|
(15)
|
(15)
|
(12)
|
(24)
|
(35)
|
(47)
|
(46)
|
(46)
|
(47)
|
(47)
|
(41)
|
(46)
|
(66)
|
(70)
|
(69)
|
(68)
|
(65)
|
(67)
|
(69)
|
(71)
|
(73)
|
(76)
|
(81)
|
(84)
|
(85)
|
(87)
|
(87)
|
(86)
|
(85)
|
(84)
|
(89)
|
(92)
|
(96)
|
(103)
|
(105)
|
(110)
|
(123)
|
(132)
|
(147)
|
(159)
|
(167)
|
(168)
|
(166)
|
(162)
|
(161)
|
(165)
|
(171)
|
(185)
|
(200)
|
(213)
|
(227)
|
(239)
|
|
| Selling, General & Administrative |
(11)
|
(9)
|
(8)
|
(8)
|
(8)
|
(4)
|
(9)
|
(13)
|
(17)
|
(17)
|
(18)
|
(18)
|
(17)
|
(14)
|
(15)
|
(25)
|
(28)
|
(28)
|
(29)
|
(28)
|
(29)
|
(31)
|
(32)
|
(33)
|
(33)
|
(35)
|
(37)
|
(38)
|
(39)
|
(38)
|
(39)
|
(39)
|
(39)
|
(43)
|
(43)
|
(43)
|
(46)
|
(46)
|
(49)
|
(57)
|
(63)
|
(70)
|
(75)
|
(77)
|
(77)
|
(76)
|
(74)
|
(73)
|
(76)
|
(78)
|
(85)
|
(89)
|
(94)
|
(99)
|
(102)
|
|
| Research & Development |
(9)
|
(9)
|
(8)
|
(7)
|
(7)
|
(8)
|
(15)
|
(22)
|
(30)
|
(29)
|
(29)
|
(29)
|
(30)
|
(26)
|
(30)
|
(40)
|
(41)
|
(38)
|
(37)
|
(35)
|
(36)
|
(37)
|
(38)
|
(39)
|
(41)
|
(43)
|
(46)
|
(46)
|
(47)
|
(47)
|
(45)
|
(45)
|
(44)
|
(45)
|
(47)
|
(53)
|
(56)
|
(59)
|
(62)
|
(66)
|
(70)
|
(77)
|
(84)
|
(91)
|
(94)
|
(95)
|
(93)
|
(88)
|
(90)
|
(93)
|
(101)
|
(110)
|
(119)
|
(129)
|
(136)
|
|
| Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
(2)
|
(2)
|
(2)
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
4
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Operating Income |
(6)
N/A
|
(8)
-31%
|
(7)
+14%
|
(3)
+56%
|
3
N/A
|
3
+16%
|
6
+114%
|
8
+35%
|
12
+46%
|
16
+28%
|
18
+15%
|
19
+6%
|
17
-12%
|
7
-59%
|
9
+28%
|
12
+32%
|
11
-6%
|
12
+14%
|
0
-98%
|
10
+3 300%
|
23
+122%
|
35
+54%
|
56
+62%
|
58
+3%
|
59
+1%
|
57
-4%
|
58
+2%
|
60
+5%
|
53
-12%
|
46
-13%
|
37
-20%
|
36
-2%
|
41
+12%
|
44
+9%
|
53
+20%
|
56
+5%
|
62
+12%
|
79
+27%
|
99
+25%
|
112
+13%
|
130
+15%
|
140
+8%
|
143
+2%
|
150
+5%
|
149
-1%
|
140
-6%
|
135
-3%
|
132
-2%
|
134
+1%
|
151
+13%
|
166
+10%
|
188
+13%
|
214
+14%
|
234
+9%
|
248
+6%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
2
|
1
|
1
|
2
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
4
|
4
|
3
|
4
|
3
|
3
|
1
|
0
|
(1)
|
(3)
|
(3)
|
(2)
|
2
|
5
|
9
|
12
|
14
|
17
|
22
|
24
|
26
|
32
|
29
|
36
|
43
|
41
|
|
| Non-Reccuring Items |
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
0
|
1
|
3
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Pre-Tax Income |
(5)
N/A
|
(7)
-33%
|
(6)
+17%
|
(2)
+72%
|
3
N/A
|
3
+19%
|
7
+116%
|
9
+36%
|
13
+43%
|
17
+27%
|
19
+13%
|
20
+5%
|
18
-11%
|
6
-67%
|
8
+33%
|
12
+58%
|
13
+7%
|
16
+25%
|
4
-73%
|
11
+165%
|
24
+109%
|
36
+52%
|
58
+60%
|
60
+4%
|
61
+1%
|
59
-3%
|
60
+2%
|
63
+5%
|
56
-12%
|
50
-12%
|
40
-19%
|
40
-2%
|
44
+12%
|
47
+7%
|
56
+19%
|
57
+0%
|
63
+11%
|
78
+25%
|
96
+23%
|
109
+13%
|
127
+17%
|
142
+11%
|
148
+4%
|
158
+7%
|
161
+1%
|
154
-4%
|
153
-1%
|
155
+1%
|
157
+2%
|
177
+12%
|
198
+12%
|
216
+9%
|
249
+15%
|
276
+11%
|
290
+5%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(1)
|
(1)
|
1
|
3
|
3
|
4
|
3
|
1
|
2
|
(2)
|
(4)
|
(6)
|
(11)
|
(15)
|
(15)
|
(14)
|
(14)
|
(11)
|
(10)
|
(9)
|
(4)
|
(5)
|
(6)
|
(7)
|
(10)
|
(9)
|
(9)
|
(10)
|
(12)
|
(16)
|
(18)
|
(20)
|
(21)
|
(18)
|
(20)
|
(19)
|
(19)
|
(18)
|
(19)
|
(23)
|
(27)
|
(33)
|
(38)
|
(42)
|
(45)
|
|
| Income from Continuing Operations |
(5)
|
(7)
|
(6)
|
(2)
|
3
|
2
|
5
|
7
|
11
|
15
|
17
|
19
|
19
|
9
|
11
|
16
|
16
|
17
|
7
|
10
|
20
|
30
|
47
|
46
|
46
|
45
|
47
|
53
|
47
|
41
|
37
|
34
|
38
|
41
|
46
|
48
|
54
|
68
|
85
|
93
|
110
|
122
|
126
|
140
|
141
|
136
|
134
|
136
|
139
|
154
|
171
|
184
|
212
|
235
|
245
|
|
| Net Income (Common) |
(5)
N/A
|
(7)
-33%
|
(6)
+17%
|
(2)
+72%
|
3
N/A
|
2
-8%
|
5
+117%
|
7
+42%
|
11
+42%
|
15
+38%
|
17
+20%
|
19
+6%
|
19
+1%
|
9
-53%
|
11
+24%
|
16
+44%
|
16
N/A
|
17
+6%
|
7
-61%
|
10
+48%
|
20
+110%
|
30
+50%
|
47
+54%
|
47
0%
|
47
+1%
|
46
-3%
|
47
+4%
|
54
+15%
|
48
-12%
|
43
-11%
|
38
-11%
|
35
-8%
|
39
+11%
|
41
+6%
|
47
+13%
|
48
+3%
|
54
+13%
|
68
+26%
|
85
+24%
|
93
+10%
|
110
+18%
|
122
+11%
|
126
+4%
|
140
+11%
|
141
+0%
|
136
-4%
|
134
-1%
|
136
+1%
|
139
+2%
|
154
+11%
|
171
+11%
|
184
+7%
|
212
+15%
|
235
+11%
|
245
+4%
|
|
| EPS (Diluted) |
-0.28
N/A
|
-0.38
-36%
|
-0.31
+18%
|
-0.09
+71%
|
0.13
N/A
|
0.09
-31%
|
0.19
+111%
|
0.27
+42%
|
0.38
+41%
|
0.52
+37%
|
0.62
+19%
|
0.66
+6%
|
0.67
+2%
|
0.32
-52%
|
0.4
+25%
|
0.57
+42%
|
0.58
+2%
|
0.61
+5%
|
0.23
-62%
|
0.35
+52%
|
0.71
+103%
|
1.07
+51%
|
1.62
+51%
|
1.63
+1%
|
1.64
+1%
|
1.58
-4%
|
1.64
+4%
|
1.88
+15%
|
1.68
-11%
|
1.49
-11%
|
1.33
-11%
|
1.23
-8%
|
1.35
+10%
|
1.42
+5%
|
1.6
+13%
|
1.65
+3%
|
1.85
+12%
|
2.28
+23%
|
2.82
+24%
|
3.12
+11%
|
3.42
+10%
|
3.81
+11%
|
3.96
+4%
|
4.4
+11%
|
4.42
+0%
|
4.27
-3%
|
4.19
-2%
|
4.25
+1%
|
4.32
+2%
|
4.78
+11%
|
5.32
+11%
|
5.72
+8%
|
6.61
+16%
|
7.34
+11%
|
7.54
+3%
|
|