NVMI on Nasdaq

Nova Ltd.

Logo: Nova Ltd., Public domain, via Wikimedia Commons5

Semiconductor company based in Israel

Nova Ltd., formerly known as Nova Measuring Instruments, is a publicly traded company that provides advanced metrology solutions for semiconductor manufacturing. Founded in 1993, the company specializes in dimensional, materials, and chemical metrology technologies. Nova is listed on both the NASDAQ Global Market and on the Tel Aviv Stock Exchange under the ticker symbol NVMI.3 It employed 646 people in 2020.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 20, 2026.

Overview

$880.6MRevenue, fiscal 20256
$259.2MNet income, fiscal 20256
1993Founded1

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  • TickerNVMI on Nasdaq1
  • IndustryOptical Instruments & Lenses1
  • HeadquartersRehovot1
  • Founded inIsrael1
  • Websitewww.novami.com
  • Legal formlimited company1
  • Listed onNasdaq (NVMI), Tel Aviv Stock Exchange (NVMI)1
  • Business address5 David Fikes Street, Rehovot, L3 76102017
  • Filer categoryLarge accelerated filer7
  • LEI529900B2DSWE5V3SC2924
  • StatusActive4
  • LEI statusIssued and current4
  • Registered address5 DAVID FIKES STREET, 7632805 Rehovot, Israel4
  • Registered withIsraeli Corporations Authority (Department of Justice), 5118124634

Nova Ltd., formerly known as Nova Measuring Instruments, is a publicly traded company that provides advanced metrology solutions for semiconductor manufacturing. Founded in 1993, the company specializes in dimensional, materials, and chemical metrology technologies. Nova is listed on both the NASDAQ Global Market and on the Tel Aviv Stock Exchange under the ticker symbol NVMI.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

57.4%Gross margin6
28.8%Operating margin6
29.4%Net margin6
31.0%Revenue growth, 20256
19.7%Return on equity6
$217.9MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 80% of the revenue Nova Ltd. broke down this way in fiscal 2025.

  1. Product$705.6M680%up 31% from 2024
  2. Service$175.0M620%up 31% from 2024
Products and services by year
Products and services202320242025
Product$405.0M$538.4M$705.6M
Service$112.9M$134.0M$175.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue43¢$375.4M
  • Research and development16¢$143.4M
  • Other costs7¢$58.5M
  • Income tax5¢$44.1M
  • Profit29¢$259.2M

Out of $880.6M in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending11¢$27.7M
  • Share buybacks14¢$35.0M
  • Kept or used elsewhere74¢$182.9M

Out of $245.6M of cash from operations.6

Financial statements

Revenue9101112136$880.6M in 2025+251% since 2018
0$250.0M$500.0M$750.0M$1.0B2018: $251.1M$251.1M20182019: $224.9M$224.9M2019−10%2020: $269.4M$269.4M2020+20%2021: $416.1M$416.1M2021+54%2022: $570.7M$570.7M2022+37%2023: $517.9M$517.9M2023−9%2024: $672.4M$672.4M2024+30%2025: $880.6M$880.6M2025+31%
Gross profit9101112136$505.2M in 2025+248% since 2018
0$200.0M$400.0M$600.0M2018: $145.2M$145.2M20182019: $121.8M$121.8M2019−16%2020: $151.2M$151.2M2020+24%2021: $235.4M$235.4M2021+56%2022: $317.0M$317.0M2022+35%2023: $293.2M$293.2M2023−8%2024: $387.1M$387.1M2024+32%2025: $505.2M$505.2M2025+31%
Operating income9101112136$253.5M in 2025+319% since 2018
0$100.0M$200.0M$300.0M2018: $60.4M$60.4M20182019: $36.4M$36.4M2019−40%2020: $55.6M$55.6M2020+53%2021: $112.4M$112.4M2021+102%2022: $149.9M$149.9M2022+33%2023: $132.3M$132.3M2023−12%2024: $187.5M$187.5M2024+42%2025: $253.5M$253.5M2025+35%
Net income9101112136$259.2M in 2025+377% since 2018
0$100.0M$200.0M$300.0M2018: $54.4M$54.4M20182019: $35.2M$35.2M2019−35%2020: $47.9M$47.9M2020+36%2021: $93.1M$93.1M2021+94%2022: $140.2M$140.2M2022+51%2023: $136.3M$136.3M2023−3%2024: $183.8M$183.8M2024+35%2025: $259.2M$259.2M2025+41%

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-12-312024-12-312023-12-31
Total revenues$880.6M$672.4M$517.9M
Total cost of revenues$375.4M$285.3M$224.7M
Gross profit$505.2M$387.1M$293.2M
Research and development, net$143.4M$110.3M$88.0M
Sales and marketing$82.2M$65.1M$52.5M
General and administrative$26.1M$24.2M$20.4M
Total operating expenses$251.7M$199.5M$160.9M
Operating income$253.5M$187.5M$132.3M
Financial income, net$49.8M$28.7M$22.4M
Income before taxes on income$303.3M$216.3M$154.7M
Income tax expenses$44.1M$32.5M$18.4M
Net income$259.2M$183.8M$136.3M
Basic$8.61$6.31$4.73
Diluted$7.96$5.75$4.28
Basic30.1K shares29.1K shares28.8K shares
Diluted32.8K shares32.1K shares32.1K shares

Compare Nova Ltd. with another company

Corporate structure

Nova Ltd. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Nova Ltd.

  • Phoenix Financial Ltd. Filed SCHEDULE 13G on Nova Ltd., latest Sep 16, 2026
  • BlackRock Filed SCHEDULE 13G/A on Nova Ltd., latest Jul 29, 2026 (2 filings since Oct 17, 2025)
  • FMR LLC Filed SCHEDULE 13G/A on Nova Ltd., latest May 6, 2026 (7 filings since Feb 9, 2022)
  • WASATCH ADVISORS LP Filed SCHEDULE 13G/A on Nova Ltd., latest Feb 11, 2026 (8 filings since Feb 10, 2022)
  • Harel Insurance Investments & Financial Services Ltd. Filed SCHEDULE 13G/A on Nova Ltd., latest Feb 9, 2026 (5 filings since Jan 31, 2022)
  • Migdal Insurance & Financial Holdings Ltd. Filed SCHEDULE 13G on Nova Ltd., latest Nov 13, 2025 (5 filings since Feb 2, 2022)
  • Clal Insurance Enterprises Holdings Ltd Filed SCHEDULE 13G/A on Nova Ltd., latest Nov 12, 2025 (2 filings since Mar 25, 2025)
  • Menora Mivtachim Holdings Ltd Filed SC 13G/A on Nova Ltd., latest Feb 14, 2024 (3 filings since Feb 10, 2022)
  • ADAGE CAPITAL PARTNERS GP, L.L.C. Filed SC 13G/A on Nova Ltd., latest Feb 10, 2022
  • RENAISSANCE TECHNOLOGIES LLC Filed SC 13G/A on Nova Ltd., latest Feb 10, 2022
  • Nova Ltd. Rehovot, Israel

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Nova Ltd. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$167.3M6 Dec 31, 2025$140.2M6 Dec 31, 2024+19.3%
Accumulated depreciation$64.6M6 Dec 31, 2025$58.5M6 Dec 31, 2024+10.5%
Property and equipment, net$102.6M6 Dec 31, 2025$81.7M6 Dec 31, 2024+25.5%
Operating-lease assets (leased space)$57.7M6 Dec 31, 2025$51.2M6 Dec 31, 2024+12.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$214.5M6 Dec 31, 2025$157.8M6 Dec 31, 2024+35.9%
Marketable securities, current$321.8M6 Dec 31, 2025$216.9M6 Dec 31, 2024+48.4%
Marketable securities, non-current$584.7M6 Dec 31, 2025$225.8M6 Dec 31, 2024+158.9%
Debt securities available for sale$906.5M6 Dec 31, 2025$442.7M6 Dec 31, 2024+104.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$90.8M6 Dec 31, 2025$48.3M6 Dec 31, 2024+87.9%
Intangible assets, net (excluding goodwill)$45.8M6 Dec 31, 2025$31.5M6 Dec 31, 2024+45.7%
Finite-lived intangibles, gross$63.2M6 Dec 31, 2025$38.9M6 Dec 31, 2024+62.5%
Accumulated amortization$17.4M6 Dec 31, 2025$7.4M6 Dec 31, 2024+133.6%
Finite-lived intangibles, net$45.8M6 Dec 31, 2025$31.5M6 Dec 31, 2024+45.7%

Inventory

ItemLatestA year beforeChange
Inventory, total$183.7M6 Dec 31, 2025$156.6M6 Dec 31, 2024+17.3%
Raw materials$58.4M6 Dec 31, 2025$44.0M6 Dec 31, 2024+32.7%
Work in process$41.6M6 Dec 31, 2025$37.0M6 Dec 31, 2024+12.3%
Finished goods$40.5M6 Dec 31, 2025$39.4M6 Dec 31, 2024+2.9%

The story

Founding and early years (1993–2000)

Nova was founded in May 1993 by Giora Dishon and Moshe Finarov.

In 1997, Intel Corporation both a client and an investor.

Two years later, Nova expanded internationally with a subsidiary in Japan and operations in Singapore.

In 2000, Nova completed its initial public offering on the NASDAQ.

Expansion and listings (2000–2010)

In 2002, Nova’s shares were also listed on the Tel Aviv Stock Exchange (TASE).

In 2006 Nova acquired HyperNex Inc., a U.S.-based company specializing in microstructure analysis tools, expanding its technological base in materials characterization.

Acquisitions and rebranding (2011–present)

Nova Ltd. has pursued an inorganic growth strategy to broaden its process control capabilities through key acquisitions in materials, chemical, and dimensional metrology.

On April 2, 2015, the company completed the acquisition of Revera Inc., a U.S. developer of X-ray metrology solutions for complex film stack measurements, for $46.5 million, thereby integrating standalone X-ray Photoelectron Spectroscopy (XPS) into its portfolio.

Read the full text

At 2021 Nova rebranded as Nova Ltd.

Continuing its expansion into the back-end and advanced packaging markets, Nova acquired ancosys GmbH, a German leading provider of chemical analysis solutions, in February 2022 in an all-cash transaction valued at approximately $100 million.

In early 2025, the company further extended its dimensional metrology offerings for advanced packaging applications by finalizing the acquisition of Sentronics Metrology GmbH, a German developer of wafer metrology sensors, for approximately $60 million.

From Wikipedia’s article on Nova Ltd., shared under CC BY-SA 4.0.8

Leadership

Who has led Nova Ltd., and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Guy Kizner2026–now
1995200020052010201520202025
Board members and other officers (8)

Products and brands

Nova Ltd. delivers metrology and process control solutions for semiconductor manufacturing across process steps, for logic, memory, advanced packaging and specialty devices.

Nova’s solutions combine integrated and standalone systems, implementing optical and materials technologies as well as chemical analysis, combined with software suites and utilizing AI and machine learning.

From Wikipedia’s article on Nova Ltd., shared under CC BY-SA 4.0.8

Employees over time

  • 20206461

Former names

  • NOVA MEASURING INSTRUMENTS LTDMar 19, 2001 to Aug 2, 20217

Timeline

  1. Mar 18, 2026New chief executive Gabriel Waisman becomes CEO15
  2. 1993Founded Founded in Israel1

Calendar

Coming up

  1. Nov 5, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $1.99 a share, on Nov 6, 2025.25

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

269 filings to the SEC since October 2021: 5 annual reports, 32 insider forms, 35 large holders, 197 other. The latest 20:

  1. Oct 15, 20266-K EDGAR
  2. Sep 22, 2026144 EDGAR
  3. Sep 22, 20264 EDGAR
  4. Sep 16, 2026SCHEDULE 13G EDGAR
  5. Sep 2, 20264 EDGAR
  6. Sep 2, 20266-K EDGAR
  7. Sep 1, 20264 EDGAR
  8. Sep 1, 20264 EDGAR
  9. Aug 11, 20266-K EDGAR
  10. Aug 6, 20266-K EDGAR
  11. Jul 29, 2026SCHEDULE 13G/A EDGAR
  12. Jul 6, 20266-K EDGAR
  13. Jul 6, 20264 EDGAR
  14. Jul 2, 2026144 EDGAR
  15. Jul 2, 20264 EDGAR
  16. Jul 2, 20266-K EDGAR
  17. Jun 25, 20264 EDGAR
  18. Jun 24, 20264 EDGAR
  19. Jun 24, 20264 EDGAR
  20. Jun 24, 20264 EDGAR

The 269 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

14 open-market trades by officers, directors and large owners since October 2021: 0 buys and 14 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 21, 2026Wolfing ShayCTOSale3,864$363.28$1.4MForm 4
Sep 1, 2026Waisman GabrielCEO & PresidentSale1,500$342.27$513.4KForm 4
Jul 2, 2026Waisman GabrielCEO & PresidentSale2,966$501.30$1.5MForm 4
Jun 23, 2026Simon ZehavaDirectorSale454$536.52$243.6KForm 4
Jun 23, 2026Sagiv SaritDirectorSale454$536.52$243.6KForm 4
Jun 22, 2026Garty YanivDirectorSale366$581.20$212.7KForm 4
Jun 22, 2026Simon ZehavaDirectorSale366$581.20$212.7KForm 4
Jun 22, 2026Sagiv SaritDirectorSale366$581.20$212.7KForm 4
Jun 22, 2026Oppenhaim EitanDirectorSale1,290$581.20$749.7KForm 4
May 26, 2026Oppenhaim EitanDirectorSale1,504$519.48$781.3KForm 4
May 18, 2026Sagiv SaritDirectorSale426$514.49$219.2KForm 4
May 18, 2026Simon ZehavaDirectorSale426$514.49$219.2KForm 4
May 18, 2026Garty YanivDirectorSale426$514.49$219.2KForm 4
Apr 2, 2026Garty YanivDirectorSale55$425.00$23.4KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Nova Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARNOVA LTD.2
  • CIK0001109345
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company36
  • Incorporated inIsrael36
  • Fiscal year endsDecember 312
  • Industry code (SIC)3827 Optical Instruments & Lenses2
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance2
  • Business address5 David Fikes Street, Rehovot, L3 76102012
  • Phone972-73-229-56002
  • Shares outstanding29,278,401 as of Dec 31, 202413
  • AuditorKOST FORER GABBAY & KASIERER, Tel-Aviv, Israel PCAOB ID 1281; it also attests to the company’s internal control over financial reporting36
  • On EDGAR sinceFeb 12, 20012
  • Filings950 in all: 6-K (598), SC 13G/A (103), 144 (71), SC 13G (49), 20-F (25), 4 (22), S-8 (13), SD (13)2
    All 24 form types

    3 (11), SCHEDULE 13G/A (10), SC 13D/A (9), SCHEDULE 13G (5), UPLOAD (3), 20-F/A (2), 6-K/A (2), CORRESP (2), EFFECT (2), F-3 (2), REGDEX (2), S-8 POS (2), 424B2 (1), 424B3 (1), 424B5 (1), F-3/A (1)

  • Latest filingsAnnual report (20-F) Feb 17, 2026

Securities registered for trading

ClassSymbolExchange
Ordinary SharesNVMINasdaq

From the cover page of the 20-F filed Feb 17, 2026 (Section 12(b) of the Exchange Act).36

Sources

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