Photronics, Inc.

NASDAQ•PLAB

CEO: Dr. KangJyh Lee Ph.D.

Sector: Technology

Industry: Semiconductors

Listing Date: 1987-03-10

Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates. The company offers electrical and optical components. It sells its products to semiconductor and FPD manufacturers, designers, and foundries, as well as to other high-performance electronics manufacturers through its sales personnel and customer service representatives. The company was formerly known as Photronic Labs, Inc. and changed its name to Photronics, Inc. in 1990. Photronics, Inc. was incorporated in 1969 and is based in Brookfield, Connecticut.

Contact Information

15 Secor Road, Brookfield, CT, 06804, United States

203-775-9000

www.photronics.com

Market Cap

$3.06B

P/E (TTM)

22.0

61.7

Dividend Yield

52W High

$56.00

52W Low

$16.59

52W Range

89%

Rank31Top 21.6%

5.0

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 5 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$225.07M+0.00%

4-Quarter Trend

EPS

$0.74+0.00%

4-Quarter Trend

FCF

$49.62M+0.00%

4-Quarter Trend

2026 Q1 Earnings Highlights

Key Highlights

Revenue Grew 6.1% Revenue reached $225.07M USD for the quarter, marking a 6.1% growth versus the prior year period.

Gross Profit Improved Gross profit totaled $78.70M USD, increasing 4.2% compared to the same quarter last year, despite material cost changes.

Strong Operating Cash Flow Operating cash flow provided $97.25M USD, a $18.79M increase from the prior year period, driven by working capital changes.

EPS Shows Modest Gain Basic EPS was $0.74 USD, up from $0.69 USD year ago, reflecting slightly improved net income attributable to shareholders.

Risk Factors

Foreign Currency Exposure Risk Ten percent adverse currency movement implies $69.1M unrealized pre-tax loss exposure as of February 1, 2026, mainly from NTD and KRW.

Industry Volatility Concerns Industry volatility, design complexity, and shifting fabrication methods could reduce long-range photomask demand significantly over time.

Capital Intensive Operations Manufacturing remains capital intensive; revenue decreases risk underutilized capacity impacting operating margins severely and potentially causing impairments.

Outlook

FY2026 CapEx Guidance Fiscal 2026 capital expenditures estimated near $330M USD, primarily targeting high-end capacity expansion and equipment replacement in Asia.

Focus on Competitiveness Focus remains on improving competitiveness through technology advancement and streamlining infrastructure to reduce operational costs moving forward.

Share Repurchase Availability $27.6M USD remains authorized for share repurchases, though no shares were bought during the current reporting quarter.

Peer Comparison

Revenue (TTM)

LRCX

$21.68B

+26.5%

KLAC

$13.10B

+13.4%

ENTG

$3.24B

-0.3%

Gross Margin (Latest Quarter)

ADEA

84.3%

-0.4pp

PLTK

74.2%

+0.6pp

KLAC

61.1%

+1.1pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
LRCX	$369.47B	55.0	65.8%	18.0%
KLAC	$241.62B	51.8	89.1%	36.4%
ENTG	$22.09B	83.5	6.7%	44.3%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

2.2%

Moderate Growth

4Q Net Income CAGR

69.2%

Profitability Improved

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 26, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data