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Photronics PLAB Q4 2025 Annual earnings

Reported December 10, 2025 · Before market open

Revenue estimate$205.2M
EPS estimate$0.45

Next report

Aug 26, 2026 (in 2 months)
Revenue estimate$209.0M
EPS estimate$0.40

Financials

Q4 2025

Income statement

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Revenue$215.8M-3.1%
Gross profit$75.5M-8.2%
Operating income$52.1M-6.7%
Net income$61.8M+82.5%
EPS (diluted)$1.05+94.4%

Balance sheet

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Cash & equivalents$495.1M-17.7%
Total debt$6.0M-85.4%
Total equity$1.2B+4.7%
Total assets$1.8B+5.4%

Cash flow

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Operating cash flow$87.8M+28.5%
CapEx$67.5M+56.3%
Free cash flow$20.3M-19.4%

Valuation & ratios

Valuation

as of 10/31/25
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Market cap$1.41B+0.1%
Enterprise value$921.08M+8.5%
P/E10.3×-0.4×
P/S1.7×0.0×

Profitability

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Gross margin35.3%-1.1pp
Operating margin24.5%-1.0pp
Net margin16.1%+1.0pp

Returns & leverage

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Return on equity11.9%-0.6pp
Debt / equity0.0×
Current ratio5.4×+0.3×

Segments

By product

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Mainstream Integrated Circuits$91.6M-11.6%
High End Integrated Circuits$65.8M+9.6%
High End Flat Panel Displays$48.7M+0.8%
Mainstream Flat Panel Displays$9.6M-8.7%

Versus estimates

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Questions, answered.

When did Photronics report Q4 2025 earnings?
Photronics (PLAB) reported Q4 2025 earnings on December 10, 2025 before market open.
What were Photronics's Q4 2025 revenue and EPS?
Photronics reported revenue of $215.8M and diluted EPS of $0.60 for Q4 2025.
Did Photronics beat estimates in Q4 2025?
Revenue beat the consensus estimate of $205.2M by $10.6M. EPS beat the consensus estimate of $0.45 by $0.15.
How did Photronics's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 3.1% from $222.6M a year earlier and diluted EPS grew 1.7% from $0.59.
Where can I find Photronics's Q4 2025 SEC filings?
You can read the 8-K earnings release (0001140361-25-045083) and the 10-K periodic report (0001140361-25-045801) directly on SEC EDGAR. The filing index links above go to sec.gov.