Financials

SEC Filings

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Aug 2026	Quarter ended May 2026	Quarter ended Feb 2026	Quarter ended Oct 2025	Quarter ended Aug 2025	Quarter ended May 2025	Quarter ended Feb 2025	Quarter ended Oct 2024
Revenue	866.82M	216.05M	209.94M	225.07M	215.77M	210.39M	210.99M	212.14M	222.63M
Cost of Goods Sold	575.10M	144.31M	144.18M	146.36M	140.24M	139.54M	133.09M	136.60M	140.33M
Gross Profit	291.73M	71.73M	65.76M	78.70M	75.53M	70.86M	77.91M	75.53M	82.30M
Gross Profit Margin	33.7%	33.2%	31.3%	35.0%	35.0%	33.7%	36.9%	35.6%	37.0%
Total Operating Expenses	96.89M	26.23M	23.58M	23.90M	23.19M	22.69M	22.19M	23.36M	26.47M
Research & Development	12.30M	3.71M	2.82M	2.59M	3.19M	4.27M	4.09M	4.26M	5.29M
Selling, General & Administrative	84.61M	22.54M	20.76M	21.31M	20.00M	18.42M	18.10M	19.10M	21.01M
Operating Income (EBIT)	194.83M	45.50M	42.18M	54.80M	52.35M	48.16M	55.72M	52.18M	55.83M
Operating Margin	22.5%	21.1%	20.1%	24.3%	24.3%	22.9%	26.4%	24.6%	25.1%
Income Before Tax (EBT)	259.22M	54.87M	53.86M	74.53M	75.96M	38.73M	29.93M	77.16M	54.79M
Interest Income	15.86M	N/A	3.81M	6.81M	5.24M	4.83M	5.33M	6.58M	6.80M
Interest Expense	5K	N/A	1K	1K	3K	N/A	4K	47K	76K
Other Income/Expense	64.39M	9.37M	11.68M	19.73M	23.61M	-9.43M	-25.79M	24.98M	-1.03M
Net Income	165.09M	28.92M	31.43M	42.94M	61.80M	22.89M	8.86M	42.85M	33.87M
Income Tax Expense	33.29M	10.99M	10.61M	14.36M	-2.66M	9.59M	5.71M	18.90M	14.57M
Net Profit Margin	19.0%	13.4%	15.0%	19.1%	28.6%	10.9%	4.2%	20.2%	15.2%
EBITDA	274.02M	66.51M	62.19M	74.61M	70.72M	67.01M	75.31M	72.97M	77.02M
EBITDA Margin	31.6%	30.8%	29.6%	33.1%	32.8%	31.8%	35.7%	34.4%	34.6%
Depreciation & Amortization	79.19M	21.01M	20.01M	19.80M	18.37M	18.85M	19.59M	20.79M	21.19M
EPS Basic	2.85	0.50	0.54	0.74	1.07	0.38	0.15	0.69	0.55
EPS Diluted	2.84	0.49	0.54	0.74	1.07	0.38	0.15	0.68	0.54
Weighted Average Basic Shares	58.18M	58.18M	57.96M	57.79M	57.60M	60.27M	60.79M	62.09M	61.73M
Weighted Average Diluted Shares	58.72M	58.72M	58.57M	58.39M	57.98M	60.57M	60.97M	62.66M	62.39M

Annual Income Statement (USD)

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Annual Report	10/31/2025	10/31/2024	10/31/2023	10/31/2022	10/31/2021	10/31/2020	10/31/2019	10/31/2018
Revenue	849.29M	866.95M	892.08M	824.55M	663.76M	609.69M	550.66M	535.28M
Cost of Goods Sold	549.46M	551.00M	555.91M	530.34M	496.72M	475.04M	429.82M	403.77M
Gross Profit	299.83M	315.95M	336.16M	294.21M	167.04M	134.65M	120.84M	131.50M
Gross Profit Margin	35.3%	36.4%	37.7%	35.7%	25.2%	22.1%	21.9%	24.6%
Total Operating Expenses	91.43M	94.43M	83.11M	82.35M	72.49M	70.73M	68.72M	65.88M
Research & Development	15.80M	16.58M	13.65M	18.34M	18.49M	17.14M	16.39M	14.48M
Selling, General & Administrative	75.63M	77.76M	69.46M	63.99M	57.52M	53.58M	52.33M	51.40M
Operating Income (EBIT)	208.40M	221.52M	253.05M	211.87M	94.55M	63.93M	52.12M	65.63M
Operating Margin	24.5%	25.6%	28.4%	25.7%	14.2%	10.5%	9.5%	12.3%
Income Before Tax (EBT)	221.78M	247.41M	269.95M	239.03M	102.01M	61.60M	50.70M	68.57M
Interest Income	21.99M	24.06M	14.86M	1.68M	1.17M	541K	1.27M	4.83M
Interest Expense	55K	334K	433K	1.86M	1.69M	2.37M	1.43M	2.26M
Other Income/Expense	13.38M	25.90M	16.90M	27.17M	7.45M	-2.33M	-1.42M	2.94M
Net Income	136.41M	130.69M	125.48M	118.79M	55.45M	33.82M	40.49M	42.05M
Income Tax Expense	31.55M	63.57M	70.31M	59.79M	23.19M	21.26M	10.21M	7.33M
Net Profit Margin	16.1%	15.1%	14.1%	14.4%	8.4%	5.5%	7.4%	7.9%
EBITDA	286.01M	304.32M	333.88M	292.20M	184.95M	157.74M	136.00M	149.96M
EBITDA Margin	33.7%	35.1%	37.4%	35.4%	27.9%	25.9%	24.7%	28.0%
Depreciation & Amortization	77.61M	82.81M	80.83M	80.33M	90.40M	93.81M	83.88M	84.33M
EPS Basic	2.29	2.12	2.05	1.96	0.90	0.52	0.61	0.59
EPS Diluted	2.28	2.09	2.03	1.94	0.89	0.52	0.59	0.56
Weighted Average Basic Shares	59.61M	61.73M	61.14M	60.56M	61.41M	64.87M	66.35M	71.43M
Weighted Average Diluted Shares	59.92M	62.39M	61.76M	61.19M	62.00M	65.47M	69.16M	74.82M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Photronics, Inc.

Photronics, Inc., including its affiliated entities, operates as a global supplier focused on the production and distribution of photomask goods and associated services. The company's reach extends across the United States, Taiwan, Korea, Europe, and China, serving international markets. These photomasks are vital for the manufacturing of integrated circuits (ICs) and flat panel displays (FPDs), enabling the precise transfer of circuit patterns onto semiconductor wafers, FPD substrates, and various other electrical and optical components. Photronics markets its offerings to a broad customer base, encompassing semiconductor and FPD manufacturers, designers, foundries, and other producers of high-performance electronics, facilitated by its sales personnel and customer service representatives. Founded in 1969, the company was originally known as Photronic Labs, Inc., changing to Photronics, Inc. in 1990. Its principal office is situated in Brookfield, Connecticut.

Brookfield, CT

1,908 employees

www.photronics.com

Technology / Semiconductors

Sector: Technology
Industry: Semiconductors
CEO: George C. Macricostas

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