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Photronics PLAB Q1 2026 earnings

Reported February 25, 2026 · Before market open

Revenue$225.1MBeat by $4.3M
EPS$0.61Beat by $0.07
Revenue estimate$220.7M
EPS estimate$0.54

Next report

Dec 9, 2026 (in 3 months)
Revenue estimate$216.9M
EPS estimate$0.48

Financials

Q1 2026

Income statement

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Revenue$225.1M+6.1%
Gross profit$78.7M+4.2%
Operating income$54.9M+5.1%
Net income$42.9M+0.2%
EPS (diluted)$0.74+8.8%

Balance sheet

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Cash & equivalents$546.9M-15.2%
Total debt$21.0K-99.2%
Total equity$1.2B+7.4%
Total assets$1.9B+11.5%

Cash flow

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Operating cash flow$97.3M+23.9%
CapEx$47.6M+35.3%
Free cash flow$49.6M+14.7%

Valuation & ratios

Valuation

as of 02/01/26
See full
Market cap$2.04B+40.2%
Enterprise value$1.49B+83.6%
P/E15×+5.1×
P/S2.4×+0.7×

Profitability

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Gross margin35.1%-1.0pp
Operating margin24.5%-0.6pp
Net margin15.8%-1.2pp

Returns & leverage

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Return on equity11.7%-2.0pp
Debt / equity0×—
Current ratio4.6×-1.1×

Segments

By product

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Mainstream Integrated Circuits$94.0M+0.2%
High End Integrated Circuits$71.3M+18.6%
High End Flat Panel Displays$46.9M-5.5%
Mainstream Flat Panel Displays$12.8M+50.8%

FAQ

When did Photronics report Q1 2026 earnings?
Photronics (PLAB) reported Q1 2026 earnings on February 25, 2026 before market open.
What were Photronics's Q1 2026 revenue and EPS?
Photronics reported revenue of $225.1M and eps of $0.61 for Q1 2026.
Did Photronics beat estimates in Q1 2026?
Revenue beat the consensus estimate of $220.7M by $4.3M. EPS beat the consensus estimate of $0.54 by $0.07.
How did Photronics's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 6.1% from $212.1M a year earlier and eps grew 17.3% from $0.52.
Where can I find Photronics's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001140361-26-006717) and the 10-Q periodic report (0001140361-26-009004) directly on SEC EDGAR. The filing index links above go to sec.gov.