Photronics Inc (PLAB) financials
Photronics revenue and earnings by year
Photronics's revenue was $849 million in the fiscal year to October 31, 2025, down 2.0% from the year before. Net income was $136 million, 16.1% of revenue. Since the fiscal year to October 30, 2016, revenue has grown 6.5% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 849 | 867 | 892 | 825 | 664 | 610 | 551 | 535 | 451 | 483 |
| Revenue growth | -2.0% | -2.8% | 8.2% | 24.2% | 8.9% | 10.7% | 2.9% | 18.8% | -6.8% | — |
| Gross profit | 300 | 316 | 336 | 294 | 167 | 135 | 121 | 132 | 91 | 119 |
| Gross margin | 35.3% | 36.4% | 37.7% | 35.7% | 25.2% | 22.1% | 21.9% | 24.6% | 20.3% | 24.6% |
| Operating income | 208 | 222 | 253 | 212 | 95 | 64 | 52 | 66 | 32 | 52 |
| Operating margin | 24.5% | 25.6% | 28.4% | 25.7% | 14.2% | 10.5% | 9.5% | 12.3% | 7.1% | 10.9% |
| Net income | 136 | 131 | 125 | 119 | 55 | 34 | 30 | 42 | 13 | 46 |
| Net margin | 16.1% | 15.1% | 14.1% | 14.4% | 8.4% | 5.5% | 5.4% | 7.9% | 2.9% | 9.6% |
| Diluted EPS | $2.28 | $2.09 | $2.03 | $1.94 | $0.89 | $0.53 | $0.46 | $0.60 | $0.20 | $0.64 |
| Free cash flow | 60 | 131 | 171 | 163 | 42 | 72 | -110 | 38 | 5 | 72 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open PLAB in Markets.
How Photronics makes money
Revenue by segment in the quarter to May 3, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Mainstream Integrated Circuits | $90.9M | 43.3% |
| High End Integrated Circuits | $56.7M | 27.0% |
| High End Flat Panel Displays | $52.8M | 25.2% |
| Mainstream Flat Panel Displays | $9.61M | 4.6% |
See also: PLAB valuation and P/E history · PLAB returns
No forecast, no recommendation. This page describes Photronics Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.