6-K - CAMT - Equibles

UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

  Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

  Pursuant to Rule 13a-16 or 15d-16

  under the Securities Exchange Act of 1934

For the Month of January 2026

Commission File Number 000-30664

CAMTEK LTD.

  \(Translation of Registrant’s Name into English\)

Ramat Gavriel Industrial Zone

  P.O. Box 544

  Migdal Haemek 23150

  ISRAEL

  \(Address of Principal Executive Offices\)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Camtek Ltd. (the “Company”) hereby furnishes its investor presentation, which is attached to this Form 6-K as Exhibit 99.1.

Forward-Looking Statements

The investor presentation contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “anticipates,” “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,” “can,” “could,” “may,” “should,” “will,” “would,” and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond the Company’s control and could materially affect actual results, performance, or achievements which could differ materially from those set forth in the forward-looking statements and may be affected by a variety of risks. Factors that may cause the Company’s actual results to differ materially from those contained in the forward-looking statements include, but are not limited to the continued demand for HPC, HBM and Chiplet devices resulting from, among other things, the field of AI surging worldwide across companies, industries and nations; the Company’s dependency upon the semiconductor industry and the risk that unfavorable economic conditions or low capital expenditures may negatively impact our operating results; formal or informal imposition by countries of new or revised export and/or import and doing-business regulations or sanctions, including but not limited to changes in U.S. trade policies, changes or uncertainty related to the U.S. government entity list and changes in the ability to sell products incorporating U.S originated technology, which can be made without prior notice, and the Company’s ability to effectively address such global trade issues and changes; the risks relating to the concentration of a significant portion of the Company’s business in certain countries in the Asia Pacific Region, particularly China, Taiwan and Korea, some of which might be subject to the trade restrictions referred to above or involved in trade wars with countries which might impose such trade restrictions; the effects of the evolving regional conflicts in the Middle East; changing industry and market trends; and those other factors discussed in the Company’s Annual Report on Form 20-F as published on March 19, 2025, as well as other documents that may be subsequently filed by the Company from time to time with the Securities and Exchange Commission. The Company cautions you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. The Company does not assume any obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of the investor presentation unless required by law.

Exhibit Number	Description of Exhibit
99.1	Investor Presentation

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	CAMTEK LTD
	(Registrant)
Date: January 13, 2026
	By:	/s/ Moshe Eisenberg
		Name: Moshe Eisenberg
		Title: Chief Financial Officer

Exhibit 99.1

CamtekInvestor Presentation January 2026

Disclaimer Confidentiality This presentation is confidential and may not be reproduced or distributed to others at any time without our prior written consent. Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “anticipates,” “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,” "can," "could," "may," "should," "will," "would," and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond Camtek’s control and could materially affect actual results, performance, or achievements which could differ materially from those set forth in the forward-looking statements and may be affected by a variety of risks. Factors that may cause our actual results to differ materially from those contained in the forward-looking statements include, but are not limited to the continued demand for HPC, HBM and Chiplet devices resulting from, among other things, the field of AI surging worldwide across companies, industries and nations; our dependency upon the semiconductor industry and the risk that unfavorable economic conditions or low capital expenditures may negatively impact our operating results; formal or informal imposition by countries of new or revised export and/or import and doing-business regulations or sanctions, including but not limited to changes in U.S. trade policies, changes or uncertainty related to the U.S. government entity list and changes in the ability to sell products incorporating U.S originated technology, which can be made without prior notice, and our ability to effectively address such global trade issues and changes; the risks relating to the concentration of a significant portion of our business in certain countries in the Asia Pacific Region, particularly China, Taiwan and Korea, some of which might be subject to the trade restrictions referred to above or involved in trade wars with countries which might impose such trade restrictions; the effects of the evolving regional conflicts in the Middle East; changing industry and market trends; and those other factors discussed in our Annual Report on Form 20-F as published on March 19, 2025, as well as other documents that may be subsequently filed by Camtek from time to time with the Securities and Exchange Commission. We caution you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Camtek does not assume any obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this presentation unless required by law. Use of Non-GAAP Financial Measures This presentation contains various non-GAAP financial measures, including Net Income per Diluted Share, Operating Income, Operating Margin and Gross Margin. These non-GAAP financial measures should be considered supplemental to, but not as a substitute for or superior to, financial measures prepared in accordance with United States GAAP. Our non-GAAP measures include adjustments that reflect how management views our businesses, and may differ from similarly titled non-GAAP measures presented by other companies. Reconciliations of each non-GAAP measure to the closest comparable GAAP measure are available in the Appendix of this presentation. Statistical Data This presentation contains statistical and other industry and market data that we obtained from industry publications and reports generated by third parties. All of the market data used in this presentation involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. Although we believe that the publications and reports are reliable, we have not independently verified this statistical data. Some data are also based on Camtek’s good faith estimates, which are derived from its review of internal sources as well as the third party sources described above. 2 Copyright of Camtek Ltd© 2026. All rights reserved

3 CAMTEK AT A GLANCE (Nasdaq & TASE: CAMT) $794 Cash As of 9/30/25 (1) >3,000 Installed Base (ASP: ~$1M) 700 Employees Inspection and metrology systems for the semiconductor market Secular trends support continued growth (1) Includes cash and cash equivalents, short-term and long-term deposits and marketable securities. (2) Financial statistics are presented on a non-GAAP basis. Please see the Appendix for a reconciliation of non-GAAP metrics to the nearest comparable GAAP metrics. REVENUE OPERATING INCOME X 4.5 X13 Copyright of Camtek Ltd© 2026. All rights reserved

Our Market & Competitive Landscape Our systems provide inspection & metrology of 100% of the dice on the wafer, ensuring Known-Good-Die Front-End Mid-End Back-End Other players End of Line Wafer Level Packages Dicing Assembly Camtek’s main market CMOS Image Sensors BEOL Front-end Compound Semi Power RF Our main segments Heterogenous Integration 6 Copyright of Camtek Ltd© 2026. All rights reserved

Double-Digit Target Markets Growth 7 Adaption of HBM & ChipletsThru 2030 25-35% HPC and AI Sources: Yole, TechInsights, Tech Search, Technavio and others 7 Mobile >12% Advanced packaging CMOS RF Automotive SiC 22% Thru 2030 45% of our revenues Copyright of Camtek Ltd© 2026. All rights reserved

What we do? 8 Inspection 3D Metrology Metrology Front side at Sub-micron defects Backside inspection Edge inspection Micro-Bumps coplanarity, and height Up-to 500M bumps per wafer RDL CD/Overlay TSV Topography TTV, Warp/Bow, Layer thickness Eagle Hawk MicroProf Hawk Eagle *FRT acquisition contribution Copyright of Camtek Ltd© 2026. All rights reserved

New Products Release 9 September 2024 February 2025 Eagle G5 Hawk 5th generation of the Eagle platform 40% Faster TPT 25% Higher Detection Sensitivity Clear Sight technology for multi RDL (FO) inspection and CIS Designed for Cutting Edge Advanced Packaging: Chiplets, HBM and Hybrid Bonding Detecting 150 nanometer defects size Enabling inspection & metrology of 500M bumps at small pitch x2 higher TPT compared to Eagle G5 The Hawk will expand our TAM Copyright of Camtek Ltd© 2026. All rights reserved

HPC Market & AI Impact 10 Majority of Camtek’s business supports HPC-related hardware AI adoption is driving exponential growth in HPC demand Growing need for powerful, dedicated hardware for AI in: Server farms (seeing double-digit growth YoY) Edge computing (Automotive, Robotics, PCs, Mobile Devices) Future AI penetration into edge devices presents a major opportunity Camtek has a strong position in this market Copyright of Camtek Ltd© 2026. All rights reserved

CoWoS and similar technologies are key for High Performance Computing and AI 11 Most of the wafers used for HPC are measured and inspected on Camtek tools Copyright of Camtek Ltd© 2026. All rights reserved Source: Applied Materials, Inc. Known-good-die is key

Strong Market Growth for CoWoS (and like) Packages Applications today AI inferencing and training Server High end PCs GPU for Gaming Telecom network switch Future applications Automotive Mobile General computing 12 Source: TechSearch, Aug. 2024 Projected 51% 2025-2029 CAGR CoWoS and CoWos like Copyright of Camtek Ltd© 2026. All rights reserved

Well Positioned to Benefit from AI Technology Trends 13 OSATS (slowly moving in) Chiplet and HBM Manufacturers Inspection & Metrology Players AI > 25% Growth Edge technology with a few players Numerous inspection & Metrology Steps High resolution inspection & Metrology Copyright of Camtek Ltd© 2026. All rights reserved

Track Record of Growth and Profitability 11% 18% 19% 17% ($ in millions) ($ in millions) ($ per share) 2017-2024 CAGR: 21% Rapidly growing with significant operating leverage in the model 15 Revenue 28% Operating Income and Margin* Net Income per Diluted Share* *Financial statistics are presented on a non-GAAP basis. Please see the Appendix for a reconciliation of non-GAAP metrics to the nearest comparable GAAP metrics. 26% 30% Copyright of Camtek Ltd© 2026. All rights reserved

Expect continued Growth in Q4 to ~$127M Representing annual revenues of $495 million 16 Q3 2025 Highlights Gross Margin 51.5% Revenue $126M Operating Income $37.6M (29.9%) +10% (YoY) +12.2% (YoY) +14% (YoY) Copyright of Camtek Ltd© 2026. All rights reserved

New Target Modelassuming substantially organic growth AI revolution taking Camtek to the next level Revenue ($ millions) Gross Margin (%) Operating Margin (%) ~$500m $750m Current* Run Rate 51-52% 54-55% Current* @$750m Target Model 30% 33-35% Drivers:, increased software & services revenue, new generation products Drivers: operating leverage Current* @$750m $315m 2023 48% 2023 Drivers: Increased demand for AI applications ,(density, # wafers, new technologies; =>increased inspection and metrology volume and steps) 26% 2023 (*) Based on Q3 2025 financial results Disclaimer: All of the information presented in the graphs above under the labels "$750" and "$500M" are goals and targets of the Company. These goals and targets are forward-looking, are subject to significant business, economic, regulatory and competitive uncertainties and contingencies, many of which are beyond the control of the Company and its management, and are based upon assumptions with respect to future decisions, which are subject to change. Actual results will vary and those variations may be material. Please consult the “Forward-Looking Statements" disclaimer section of this presentation for further discussion as to forward-looking statements. Nothing in this presentation should be regarded as a representation by any person that these targets will be achieved and the Company undertakes no duty to update its goals or targets unless required by law. 18 Copyright of Camtek Ltd© 2026. All rights reserved

Selected Balance Sheet Data 19 (1) Includes cash and cash equivalents, short-term and long-term deposits and marketable securities ($ in millions) 9/30/25 (Unaudited) 12/31/24 (Audited) Cash & Deposits (1) $794 $501 Trade Account Receivables, net 113 99 Inventory 143 123 Fixed Assets 52 54 Intangible Assets + Goodwill 85 88 Current Liabilities 119 124 Convertible Notes, Net 519 198 Total Balance Sheet 1,231 892 Copyright of Camtek Ltd© 2026. All rights reserved

Positioning 300 customers, 70% of our business is Tier1 Technology Supporting the most challenging applications in our market Market Leading provider for the HPC market - rapidly expanding our TAM Financials Leverage in our model with strong balance-sheet Key Takeaways 20 2026 should be a growth year and a milestone for our $750m model Copyright of Camtek Ltd© 2026. All rights reserved

Reconciliation from GAAP to Non-GAAP 23 In October 2023, the Company completed the acquisition of FRT. In the fourth quarter the Company recorded acquisition related expenses including write-up of inventory to fair value, amortization of intangible assets, inventory write-off and acquisition expenses. In February 2022, the Company reached a settlement with the Israeli Tax Authorities and recorded a one-time tax expense in respect of its historical exempt earnings. In the second and third quarters of 2019, certain transaction expenses were incurred in relation to the technological cooperation agreement with Chroma. These were recorded under operating expenses. $ in millions (except per share data) FY2020 FY2021 FY2022 FY2023 FY2024 Revenue $155.90 $269.70 $320.9 $315.4 $429.2 Net income (GAAP) $21.8 $60.30 $79.9 $78.6 $118.5 % of revenue 14.00% 22.40% 24.90% 24.90% 27.60% Share based compensation 4.2 5.8 10.5 12.5 14.8 Acquisition of FRT related expenses (1) - - - 4.6 5.3 Tax settlement (2) - 5.3 - - - Chroma transaction expenses (3) - - - - - Attributable to discontinued operations - - - - - Net income (non-GAAP) $26.0 $71.4 $90.5 $95.7 $138.6 % of revenue 16.70% 26.50% 28.20% 30.30% 32.29% Net income per diluted share (non-GAAP) $0.64 $1.59 $1.88 $1.96 $2.83 Copyright of Camtek Ltd© 2026. All rights reserved

Reconciliation from GAAP to Non-GAAP (cont’d) 24 $ in millions (except per share data) FY2020 FY2021 FY2022 FY2023 FY2024 Gross profit (GAAP) $73.3 $137.3 $159.9 $147.6 $210.0 % of revenue 47.00% 50.90% 49.80% 46.80% 48.90% Share based compensation 0.4 0.6 1.2 1.6 2.2 Acquisition of FRT related expenses - - - 3.5 5.8 Gross profit (non-GAAP) $73.8 $138.0 $161.1 $152.7 $218.0 Gross margin (% of revenue) 47.30% 51.20% 50.20% 48.40% 50.80% Operating income (GAAP) $22.60 $70.90 $81.5 $65.4 $108.1 % of revenue 15.50% 26.30% 25.40% 20.70% 25.20% Share based compensation 4.2 5.8 10.5 12.5 14.8 Acquisition of FRT related expenses - - - 5.4 7.5 Chroma transaction expenses (2) - - - - 0 Operating income (non-GAAP) $26.8 $76.7 $92.0 $83.3 $130.3 Operating margin (% of revenue) 17.20% 28.44% 28.70% 26.40% 30.40% Copyright of Camtek Ltd© 2026. All rights reserved