NOVA Ltd., an Israeli leader in semiconductor metrology solutions, recorded $880.6 million in revenues for 2025, a 31% increase year-over-year, supported by a broadening portfolio spanning optical, materials, and chemical metrology and enhanced by the Sentronics acquisition. Its direct sales approach to semiconductor manufacturers has improved margins significantly. The company is investing heavily in R&D to maintain technological leadership, aiming for $1 billion in revenue by 2027 amid growing demand driven by AI, advanced packaging, and complex memory technologies. However, significant revenue concentration among a few large customers and the cyclical nature of semiconductor capital spending remain material risks.