Photronics Inc (PLAB) Financials
Key financial figures for Photronics Inc (Q3 2026).
Photronics posted Q3 FY2026 revenue of $216.0 million (up 2.7% year-over-year and 2.9% sequentially) with GAAP diluted EPS of $0.49, driven by 5% IC photomask revenue growth offsetting a 2% FPD decline. Revenue of $216.0 million, up 2.7% year-over-year and 2.9% sequentially, near the high end of the company's own quarterly range this fiscal year. IC (integrated circuit) photomask revenue was $154.7 million, up 5% both year-over-year and sequentially. FPD (flat panel display) photomask revenue was $61.4 million, down 2% both year-over-year and sequentially. Gross margin was 33.2%, up from 31.3% in Q2 FY2026 but down from 33.7% in Q3 FY2025; operating margin was 21.1%. On the outlook: For Q4 FY2026, Photronics guided to revenue of $207-227 million, operating margin of 19-24%, and non-GAAP diluted EPS of $0.40-$0.56. Figures are for Q3 FY2026, as Photronics reported them.
- Revenue
- $216M
- Net Income
- $44M
- EPS
- $0.50
- Total Assets
- $2.0B
- Operating Cash Flow
- $76M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $216M | $29M | $0.49 | 21.06% | $39M |
| Q2 FY2026 | $210M | $31M | $0.54 | 20.09% | $1M |
| Q1 FY2026 | $225M | $43M | $0.74 | 24.35% | $50M |
| Q4 FY2025 | $216M | $62M | $1.07 | 24.26% | $20M |
| Q3 FY2025 | $210M | $23M | $0.38 | 22.89% | $25M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $849M | $136M | $2.28 | 24.54% | $60M |
| FY2024 | $867M | $131M | $2.09 | 25.55% | $131M |
| FY2023 | $892M | $125M | $2.03 | 28.37% | $171M |
Frequently asked questions
What was Photronics's revenue last quarter?
Photronics reported revenue of $216.0 million for Q3 FY2026, up 2.7% from the same period a year earlier.
Is Photronics profitable?
Yes. Photronics reported net income of $28.9 million for Q3 FY2026, a net margin of 13.38% on revenue.
How has Photronics's margin trended?
Operating margin was 21.06% in Q3 FY2026, compared with 22.89% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Photronics generate?
Photronics generated free cash flow of $39.4 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Photronics Inc on SentiSense, with up to forty quarters and twenty fiscal years of history.