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Photronics PLAB
$ 33.32 0.33%
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Quarterly report 2026-Q2
added 06-11-2026

Photronics Income Statement 2025-2008 | PLAB

Brief overview of profit and loss at Photronics

The comparison covers a five-year financial horizon. Revenue reported by Photronics was 610 million dollars at the beginning of the period and 849 million dollars at the end. Overall revenue changed by +39.3%, equal to an annualized rate of about 6.9%. Revenue advanced gradually over the five-year period.

Gross profit changed from 135 million dollars to 300 million dollars (+122.7%). Cost of revenue developed more favorably than sales, supporting gross profitability. Gross profit as a share of revenue changed from 22.1% to 35.3%. The business retained more gross profit from each unit of revenue.

The operating result measured by EBITDA moved from $153 million to $285 million, or +86.4%. The operating result outpaced sales and points to improving efficiency. At the operating-margin level, the figure shifted from 25.1% to 33.6%. The business generated more EBITDA from each unit of revenue.

The net result moved from 33.8 million dollars to 136 million dollars, or +303.3%. The period finished with its strongest net-income result.

Financial takeaway

The financial trajectory looks strong and well balanced. The financial profile benefits from net-income growth, a stronger gross margin and an improving EBITDA margin. The key question is whether sales can be converted into sustainable profit.

Annual Income Statement Photronics

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008

Market Cap

- - - 1.04 B 1.11 B 714 M 780 M 668 M 648 M 771 M 867 M 599 M 517 M 383 M 315 M - - -

Shares

59.6 M 61.7 M 61.1 M 60.6 M 61.4 M 64.9 M 66.3 M 68.8 M 69.3 M 76.4 M 78.4 M 66.7 M 61.6 M 76.5 M 58.5 M 53.4 M 43.2 M -

Historical Prices

- - - 17.2 18.4 11.9 12.4 9.81 7.8 10.7 10.2 8.31 8.7 6.64 7.01 - - -

Net Income

136 M 131 M 125 M 119 M 55.4 M 33.8 M 29.8 M 42.1 M 13.1 M 46.2 M 44.6 M 26 M 18 M 27.9 M 16.2 M 23.9 M -41.9 M -

Revenue

849 M 867 M 892 M 825 M 664 M 610 M 551 M 535 M 451 M 483 M 524 M 456 M 422 M 450 M 512 M - - -

Cost of Revenue

549 M 551 M 556 M 530 M 497 M 475 M 430 M 404 M 359 M 365 M - - - - - - - -

Gross Profit

300 M 316 M 336 M 294 M 167 M 135 M 121 M 132 M 91.3 M 119 M 143 M 100 M 99.6 M 112 M 136 M - - -

Operating Income

208 M 222 M 253 M 212 M 94.6 M 63.9 M 52.1 M 65.6 M 31.9 M 52.5 M 72.2 M 28.8 M 30.7 M 44.4 M 75.5 M 39.5 M -12.5 M -

Interest Expense

22 M 24.1 M 14.9 M 1.68 M 1.16 M 541 K 1.27 M 4.83 M -3.07 M 2.42 M 2.8 M 3.41 M 3.89 M 3.72 M 2.95 M 2.55 M -2.21 M -

EBITDA

285 M 304 M 334 M 292 M 182 M 153 M 136 M 150 M 114 M 139 M 148 M 118 M 96.7 M 123 M 127 M 121 M 64 M -

Operating Expenses

91.4 M 94.3 M 83.1 M 82.3 M 76 M 70.7 M 68.7 M 65.9 M 59.4 M 57.3 M 70.9 M 55.2 M 69 M 67.5 M 96 M - - -

General and Administrative Expenses

75.6 M 77.8 M 69.5 M 64 M 57.5 M 53.6 M 52.3 M 51.4 M 43.6 M 44.6 M 49 M 49.6 M 48.2 M 46.7 M 45.2 M 42.4 M 41.2 M -

All numbers in USD currency

Quarterly Income Statement Photronics

2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

58.1 M 57.8 M 57.8 M 57.6 M 57.9 M 60.8 M 62.1 M 61.9 M 61.8 M 61.8 M 61.5 M 61.3 M 61.1 M 60.9 M 60.9 M 60.5 M 60.7 M 60.6 M 62.5 M 61.8 M 60.9 M 62.1 M 65.6 M 65.1 M 64.8 M 64.9 M 66.6 M 66.4 M 66.3 M 66.3 M 68.8 M 69.1 M 69.4 M 69.3 M 68.2 M 68.4 M 68.5 M 68.4 M 66.8 M 67.4 M 68 M 67.4 M 66.1 M 66.2 M 66.5 M 66.2 M 61.2 M 61.3 M 61.4 M 61.4 M 60.3 M 60.5 M 60.7 M 60.5 M 59.8 M 60 M 60.1 M 60.1 M 53.8 M 59 M 59 M 55.7 M

Net Income

31.4 M 42.9 M 42.9 M - 22.9 M 8.86 M 42.9 M - 34.4 M 36.3 M 26.2 M - 39.9 M 14 M 14 M 81.7 M 31.2 M 27.4 M 8.04 M 35.6 M 17.1 M 10.5 M 10.3 M 6.46 M 10.8 M 6.28 M 5.27 M 9.7 M 6.35 M 8.48 M 5.9 M 12.5 M 13 M 10.7 M 1.95 M 5.39 M 4 M 1.8 M 21 M 5.26 M 8.09 M 11.9 M 3.84 M 18.6 M 12.1 M 10.1 M 1.99 M 4.28 M 4.19 M 15.5 M 2.32 M 4.84 M 5.94 M 4.86 M 4.27 M 3.83 M 11 M 8.82 M 12.1 M 9.29 M 11.3 M -16.4 M

Revenue

210 M 225 M 225 M - 210 M 211 M 212 M - 211 M 217 M 216 M - 229 M 211 M 211 M 60.8 M 220 M 205 M 190 M 482 M 171 M 160 M 160 M 149 M 158 M 143 M 125 M 156 M 138 M 132 M 123 M 145 M 136 M 131 M 110 M 121 M 112 M 108 M - - - - - - - 100 K - - 100 K - -200 K -200 K - - - - - - - 600 K - -

Cost of Revenue

144 M 146 M 146 M - 140 M 133 M 137 M - 136 M 138 M 137 M - 141 M 135 M 135 M 400 M 136 M 134 M 122 M 367 M 125 M 121 M 125 M 358 M 120 M 112 M 98.6 M 312 M 108 M 106 M 95.8 M 295 M 101 M 98 M - 265 M 89.9 M - - - - - - - - - - - - - - - - - - - - - - - - -

Gross Profit

65.8 M 78.7 M 78.7 M - 70.9 M 77.9 M 75.5 M - 75.1 M 79.3 M 79.3 M - 88.4 M 76.1 M 76.1 M 214 M 83.9 M 70.2 M 30.5 M 115 M 45.3 M 39.2 M 34.6 M 31.9 M 37.7 M 30.4 M 26.1 M 38.2 M 30.6 M 26 M 27.7 M 35.4 M 35.6 M 32.8 M 23 M 26.4 M 21.7 M 20.2 M 35.4 M 20.5 M 31.4 M 31.3 M 28.2 M 44.6 M 37.2 M 33.1 M 22.9 M 26.6 M 28.6 M 22.2 M 21.1 M 26.7 M 27.1 M 24.8 M 25.5 M 24.3 M 32.3 M 29.9 M 30.6 M 30.9 M 38.2 M 36.5 M

Operating Income

42.2 M 54.9 M 54.9 M - 48.2 M 55.7 M 52.2 M - 52.1 M 56.1 M 57.5 M - 67 M 56 M 56 M 151 M 63.7 M 49.4 M 11.8 M 61 M 28.5 M 20.8 M 16.3 M 48.9 M 19.9 M 12.7 M 8.05 M 30.6 M 13.4 M 9.2 M 11.8 M 47.6 M 20.4 M 15.4 M 8.64 M 19.4 M 5.27 M 5.54 M 17.5 M 47.2 M 14.8 M 14.8 M 11.6 M 45 M 18.6 M 14.9 M 5.63 M 19.5 M 11.1 M 2.83 M 5.19 M 23.3 M 10 M 8.08 M 8.57 M 37 M 15.3 M 13.2 M 16.1 M 22.9 M 22.9 M 21.1 M

Interest Expense

3.81 M 6.81 M 6.81 M - 4.83 M 5.33 M 6.58 M - 6.14 M 5.88 M 5.25 M - 2.99 M 65 K 2.58 M 898 K 401 K 162 K 121 K 653 K 494 K 37 K 759 K 480 K 16 K -293 K 1.64 M 979 K 105 K 325 K -3.53 M 2.32 M 1.97 M 3.88 M -1.52 M -4.18 M 415 K -3.07 M 2.05 M 1.88 M 1.85 M -2.02 M 87 K 1.31 M 1.45 M -224 K 1.11 M 2.35 M 641 K 594 K 1.3 M 3.23 M 937 K 993 K 1.37 M 3.44 M 1.24 M 827 K 2.67 M 1.52 M 1.52 M -704 K

EBITDA

82 M 74.7 M 74.7 M - - - 73 M - - - 78.2 M - 106 M 75.1 M 75.1 M 213 M 63.7 M 49.4 M 35.5 M 130 M 75.6 M 20.8 M 40.9 M 120 M 67.8 M 12.7 M 26.8 M 91 M 51.9 M 9.2 M 34.2 M 112 M 64.9 M 15.4 M 29.5 M 83.5 M 47.5 M 5.54 M 38.2 M 107 M 55.7 M 14.8 M 32.4 M 106 M 58.9 M 14.9 M 23.5 M 77.9 M 47.8 M 2.83 M 24.3 M 78.4 M 47.5 M 8.08 M 31.2 M 102 M 59.4 M 13.2 M 39.3 M 93 M 69.3 M 21.1 M

Operating Expenses

23.6 M 23.9 M 23.9 M - 22.7 M 22.2 M 23.4 M - 23 M 23.3 M 21.8 M - 21.4 M 20.1 M 20.1 M 62.6 M 20.1 M 20.8 M 18.8 M 57.6 M 20.4 M 18.4 M 18.3 M 53.8 M 17.8 M 17.7 M 18.1 M 52 M 17.2 M 16.8 M 15.9 M 48.5 M 15.2 M 17.5 M 14.4 M 45.4 M 16.5 M 14.6 M - - - - - - - - - - - - - - - - - - - - - - - -

General and Administrative Expenses

20.8 M 21.3 M 21.3 M - 18.4 M 18.1 M 19.1 M - 19.4 M 19 M 18.3 M - 17.9 M 16.8 M 16.8 M 48.3 M 16 M 16.6 M 14.1 M 43.2 M 15.1 M 14.1 M 14.2 M 40.8 M 13.3 M 13.3 M 13.8 M 40.2 M 13.1 M 13.3 M 11.8 M 37.9 M 12.5 M 13.6 M 10.9 M 33.4 M 11.6 M 10.9 M 12.2 M 34.4 M 11.2 M 11 M 11.9 M 36.8 M 12.4 M 12.4 M 12.3 M 38.1 M 12.4 M 13.4 M 11.1 M 35.3 M 12.1 M 12.2 M 11.3 M 35.3 M 11.8 M 12.2 M 10.7 M 11.8 M 11.8 M 11.4 M

All numbers in USD currency

The income statement is one of the three key financial reports of a company Photronics (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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