Nova Q4 Revenue Jumps 14.3% to $222.6M, Guides Q1 Above Estimates
Nova reported Q4 CY2025 revenue of $222.6 million, up 14.3% year-on-year, beating analysts’ estimates by 0.7% and delivering adjusted EPS of $2.14. Management guided Q1 revenue at a $227 million midpoint, 1.3% above forecasts, and set adjusted EPS guidance at $2.19 per share.
1. Q4 revenue and EPS beat expectations
Nova reported Q4 CY2025 revenue of $222.6 million, a 14.3% year-on-year increase that topped analysts’ $221.1 million estimate by 0.7%, while non-GAAP EPS of $2.14 per share beat forecasts by the same margin.
2. Margin and cash flow trends
Operating margin declined to 27.3% from 28.5% a year earlier and free cash flow margin dropped to 21.7% from 31%, as inventory days outstanding rose to 177 from 171 sequentially.
3. Q1 guidance outlook
Management set Q1 CY2026 revenue guidance at a $227 million midpoint, 1.3% above analysts’ $224.1 million estimate, and raised adjusted EPS guidance to $2.19 versus $2.15 expected.
4. Share movement and market reaction
The stock fell 4.3% to $455.56 after the report as investors weighed the revenue and EPS beats against decelerating growth and margin pressures.