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Photronics PLAB Q2 2026 earnings

Reported May 28, 2026 · Before market open

Revenue$209.9MMiss by $6.5M
EPS$0.42Miss by $0.11
Revenue estimate$216.5M
EPS estimate$0.53

Next report

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

Financials

Q2 2026

Income statement

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Revenue$209.9M-0.5%
Gross profit$65.8M-15.6%
Operating income$42.2M-24.3%
Net income$31.4M+255%
EPS (diluted)$0.54+260%

Balance sheet

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Cash & equivalents$514.4M-3.6%
Total debt$3.9M+12,780%
Total equity$1.2B+12.7%
Total assets$1.9B+13.4%

Cash flow

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Operating cash flow$47.0M+49.5%
CapEx$45.8M-24.4%
Free cash flow$1.2M—

Valuation & ratios

Valuation

as of 05/03/26
See full
Market cap$2.92B+146%
Enterprise value$2.41B+268%
P/E18.3×+8.4×
P/S3.4×+2.0×

Profitability

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Gross margin33.8%-2.5pp
Operating margin22.9%-2.3pp
Net margin18.5%+4.5pp
FCF margin11.2%—

Returns & leverage

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Return on equity13.6%+2.3pp
Debt / equity0×—
Current ratio5×-0.1×

Segments

By product

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Mainstream Integrated Circuits$90.9M-5.9%
High End Integrated Circuits$56.7M-4.5%
High End Flat Panel Displays$52.8M+21.1%
Mainstream Flat Panel Displays$9.6M-16.5%

FAQ

When did Photronics report Q2 2026 earnings?
Photronics (PLAB) reported Q2 2026 earnings on May 28, 2026 before market open.
What were Photronics's Q2 2026 revenue and EPS?
Photronics reported revenue of $209.9M and eps of $0.42 for Q2 2026.
Did Photronics beat estimates in Q2 2026?
Revenue missed the consensus estimate of $216.5M by $6.5M. EPS missed the consensus estimate of $0.53 by $0.11.
How did Photronics's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 0.5% from $211.0M a year earlier and eps grew 5.0% from $0.40.
Where can I find Photronics's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001140361-26-023057) and the 10-Q periodic report (0001140361-26-024915) directly on SEC EDGAR. The filing index links above go to sec.gov.