Photronics (PLAB) Financial Statements & Analysis

Photronics (PLAB) Income Statement

Photronics reported revenue of $849.29M in fiscal 2025 (fiscal year ended Oct 31, 2025), down 2.0% from $866.95M a year earlier. Net income was $136.41M, up 4.4% year over year, a net margin of 16.1%. Gross margin was 35.3% and operating margin 24.5%. In the most recent quarter, Q3 fiscal 2026 (ended Aug 2, 2026), revenue was $216.05M, up 2.7% from the same quarter a year earlier.

Photronics Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Photronics, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Oct 2025	Oct 2024	Oct 2023	Oct 2022	Oct 2021	Oct 2020	Oct 2019	Oct 2018	Oct 2017
Revenue & Gross Profit
Revenue	849.29	866.95	892.08	824.55	663.76	609.69	550.66	535.28	450.68
Cost of Revenue	549.46	551.00	555.91	530.34	496.72	475.04	429.82	403.77	359.36
Gross Profit	299.83	315.95	336.16	294.21	167.04	134.65	120.84	131.50	91.32
Operating Expenses
Research & Development	15.80	16.58	13.65	18.34	18.49	17.14	16.39	14.48	15.86
Selling, General & Administrative	75.63	77.76	69.46	63.99	57.53	53.58	52.33	51.40	43.59
Operating Expenses	91.67	94.43	83.11	82.35	72.49	70.73	68.72	65.88	59.45
Operating Income	208.16	221.52	253.05	211.87	94.55	63.93	52.12	65.63	31.87
Other Income/Expense
Interest Income	21.99	24.06	14.86	1.68	1.17	0.54	1.27	4.83	0.00
Interest Expense	0.06	-0.33	0.43	-1.86	-1.69	2.37	1.43	2.26	5.30
Other Income/Expense	-8.31	25.90	16.90	27.17	7.45	-2.33	-1.42	2.94	-5.30
Income
Income Before Tax	221.78	247.42	269.95	239.03	102.01	61.60	50.70	68.57	26.57
Income Tax Expense	31.55	63.57	70.31	59.79	23.19	21.26	10.21	7.34	5.28
Net Income	136.41	130.69	125.49	118.79	55.45	33.82	40.49	42.06	13.13
Net Income - Continuous Operations	190.23	183.85	125.49	118.79	55.45	33.82	40.49	42.06	13.13
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	299.44	304.32	351.21	292.20	184.95	157.78	136.01	155.17	118.44
EBIT	221.84	221.52	270.38	211.87	94.55	-	-	-	-
Depreciation & Amortization	77.61	82.81	80.84	80.33	90.40	93.81	83.88	84.33	86.57
Earnings Per Share
Basic EPS	2.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	-
Diluted EPS	2.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	-
Basic Shares Outstanding	59.61	61.73	61.14	60.56	61.41	64.87	66.35	71.43	68.44
Diluted Shares Outstanding	59.92	62.39	61.76	61.19	62.00	65.47	69.16	74.82	69.29

Source: Company financial statements from annual and quarterly filings. Data as of Aug 2, 2026. Data sources and methodology

Frequently Asked Questions About Photronics Financial Statements

What was Photronics's revenue in fiscal 2025?

Photronics reported revenue of $849.29M in fiscal 2025 (fiscal year ended Oct 31, 2025). That was down 2.0% from $866.95M a year earlier.

Is Photronics profitable?

Yes. Photronics earned net income of $136.41M in fiscal 2025, a net margin of 16.1%. In fiscal 2024 it earned $130.69M.

What is Photronics's operating margin?

Photronics's operating income was $208.16M on revenue of $849.29M in fiscal 2025, an operating margin of 24.5%, compared with 25.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition