The financials
Photronics, Inc. by the numbers
Photronics, Inc. (PLAB) reported revenue of $210M in Q2 2026 (quarter ended May 3, 2026), down 0.5% from the same quarter a year earlier. That came with a gross margin of 31% and net income of $31M (15% of revenue). For the full year FY2025, revenue was $849M (−2.0% year on year) and net income $136M. Its largest product in 2026-Q2 was Mainstream Integrated Circuits at $91M, 43% of the disclosed total, just ahead of High End Integrated Circuits at 27%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $210M | $211M | −0.5% |
| Gross profit | $66M | $78M | −16% |
| Operating income | $42M | $56M | −24% |
| Net income | $31M | $8.9M | +255% |
| Diluted EPS | $0.54 | $0.15 | +260% |
| Product | Revenue | Share |
|---|---|---|
| Mainstream Integrated Circuits | $91M | 43% |
| High End Integrated Circuits | $57M | 27% |
| High End Flat Panel Displays | $53M | 25% |
| Mainstream Flat Panel Displays | $9.6M | 4.6% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q2 2026Total $209.9M (-6.7%)
High End Flat Panel Displays grew +21% year on yearMainstream Flat Panel Displays -16% year on year
Segment Latestquarter on quarteryear on year
- Mainstream Integrated Circuits$90.9M$90.9MQoQ -3.4%year on year -5.9%-3.4%-5.9%
- High End Integrated Circuits$56.7M$56.7MQoQ -21%year on year -4.5%-21%-4.5%
- High End Flat Panel Displays$52.8M$52.8MQoQ +13%year on year +21%+13%+21%
- Mainstream Flat Panel Displays$9.6M$9.6MQoQ -25%year on year -16%-25%-16%
Semiconductor Equipment & Materials
Ranks #9 of 22 by Smart Score