Highly efficient CW operation of diode-end-pumped Nd:YAG ceramic lasers at 946 nm is experimentally demonstrated. When a 5 mm long in-house fabricated Nd:YAG ceramic was used as the gain medium, a maximum output power of 10.5 W was obtained under an incident pump power of 35 W, corresponding to an optical conversion efficiency of 30%, while, when a 3 mm long ceramic sample was used, a maximum output power of 8.7 W was generated with a slope efficiency of 65% with respect to the absorbed pump power. Both the optical conversion efficiency and slope efficiency are the highest results reported so far for the diode-pumped 946 nm lasers.