Can Photronics cover its short-term obligations?

Its current ratio is 5.05 — current assets exceed current liabilities.

Where does Photronics's balance sheet data come from?

Every line is extracted from Photronics's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Photronics PLAB Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q2 '26	Q1 '26	Q4 '25	Q3 '25	Q2 '25
Cash and cash equivalents	$514.36M-3.6%	$546.93M-15.2%	$495.11M-17.7%	$482.46M-10.7%	$533.55M+7.4%
Short-term investments	$126.18M+356%	$92.74M—	$95.91M+127%	$96.28M+39.4%	$27.7M-58.0%
Restricted cash	$2.87M+1.3%	$2.79M+4.4%	$2.86M+3.6%	$2.94M+10.2%	$2.84M+5.7%
Accounts receivable, net	$160.42M-3.0%	$172.57M+15.3%	$166.51M-3.6%	$161.66M-6.9%	$165.41M-5.5%
Inventories	$67.83M+10.8%	$62.65M+8.8%	$61.77M+9.3%	$63.49M+14.5%	$61.2M+12.8%
Raw materials	$65.86M+9.9%	$60.77M+9.0%	$60.15M+7.2%	$61.91M+13.3%	$59.94M+12.4%
Work in process	$1.96M+58.1%	$1.88M+1.3%	$1.62M+306%	$1.56M+91.6%	$1.24M+35.9%
Finished goods	$3K-87.5%	$5K+150%	$1K0.0%	$22K—	$24K+200%
Prepaid expenses and other current assets	$49.48M+23.0%	$47.24M+44.8%	$44.2M+666%	$42.07M+36.3%	$40.22M+23.8%
Total current assets	$943.93M+10.3%	$946.25M+2.8%	$890.05M-4.4%	$872.24M-2.3%	$855.81M+1.4%
Property and equipment, net	$927.94M+14.9%	$894.62M+19.3%	$854.44M+14.6%	$838.99M+16.1%	$807.56M+10.7%
Accumulated depreciation	$1.66B+2.5%	$1.64B+5.8%	$1.63B+3.9%	$1.66B+7.3%	$1.62B+5.7%
Operating lease right-of-use assets	$3.9M+6,991%	$54K-99.3%	$54K+168,749,900%	$55K-99.9%	$55K-99.9%
Deferred tax assets	$37.39M+51.2%	$38.26M+97.8%	$40.21M+1,196%	$26.42M+30.5%	$24.73M+24.8%
Other non-current assets	$21.58M+44.4%	$22.3M+51.8%	$19.84M+56.4%	$15.12M+57.8%	$14.94M+49.3%
Total investment securities	$126.18M+356%	$92.74M—	$95.91M+127%	$96.28M—	$27.7M—
Total assets	$1.93B+13.4%	$1.9B+11.5%	$1.8B+5.4%	$1.75B+6.5%	$1.7B+6.2%
Accounts payable	$107.97M+20.7%	$111.65M+29.9%	$84.21M+7.0%	$100.35M+12.7%	$89.48M-5.6%
Accrued expenses	$78.98M+2.2%	$94.99M+28.2%	$81.65M+162%	$74.56M-9.1%	$77.29M-5.2%
Deferred revenue	$0—	——	$9.49M-23.3%	$0—	$0—
Current portion of long-term debt	$11K0.0%	$11K-99.6%	$11K-99.9%	$11K-99.9%	$11K-99.9%
Contract liabilities	$25.61M+45.0%	$26.89M+43.8%	$14.53M+63.1%	$17.11M-27.6%	$17.66M-22.5%
Income taxes payable	——	——	$21.09M-12.8%	——	——
Total current liabilities	$186.97M+12.1%	$206.65M+27.1%	$165.87M-9.8%	$174.93M-8.5%	$166.78M-14.7%
Deferred tax liabilities	——	——	$2.13M-35.9%	——	——
Long-term debt	$3.85M+20,179%	$10K-52.4%	$13K-48.0%	$16K-42.9%	$19K-99.2%
Other non-current liabilities	$46.55M+18.0%	$44.84M-6.2%	$41.34M-12.9%	$39.82M-1.7%	$39.46M+5.5%
Total liabilities	$237.37M+15.1%	$251.5M+19.5%	$207.23M-10.4%	$214.77M-7.3%	$206.26M-12.4%
Preferred stock	$0—	$0—	$0—	$0—	$0—
Common stock	150M0.0%	150M0.0%	150M0.0%	150M0.0%	150M0.0%
Additional paid-in capital	$492.87M+0.7%	$488.81M-5.2%	$486.93M-5.4%	$483.08M-5.3%	$489.21M-3.4%
Retained earnings	$845.75M+21.1%	$814.32M+11.3%	$772.2M+11.6%	$710.4M+8.0%	$698.42M+12.0%
Accumulated other comprehensive income (loss)	-$97.95M-12.2%	-$92.32M+23.3%	-$86.12M+0.2%	-$68.5M+31.8%	-$87.3M+9.0%
Noncontrolling interests	$452.21M+14.2%	$438.53M+19.7%	$423.72M+17.7%	$412.45M+19.4%	$395.85M+18.8%
Total stockholders' equity	$1.24B+12.7%	$1.21B+7.4%	$1.17B+4.7%	$1.13B+5.4%	$1.1B+6.4%
Total liabilities and stockholders' equity	$1.93B+13.4%	$1.9B+11.5%	$1.8B+5.4%	$1.75B+6.5%	$1.7B+6.2%
Allowance for Doubtful Accounts	$1.14M-2.5%	$1.15M+4.4%	$1.17M+3.6%	$1.18M-1.0%	$1.17M+13.0%
Allowance for Doubtful Accounts Receivable (Current)	$1.14M-2.5%	$1.15M+4.4%	$1.17M+3.6%	$1.18M-1.0%	$1.17M+13.0%
Other current assets	$49.48M+23.0%	$47.24M+44.8%	$44.2M+33.8%	$42.07M+36.3%	$40.22M+23.8%
Prepaid Tax	——	——	$3.1M+15.6%	——	——
Unbilled Revenue	$29.68M-6.5%	$28.07M-29.5%	$30.58M+4.7%	$30.4M+11.0%	$31.74M+34.9%
Deferred Tax Assets and Other Non-Current Assets	$21.58M+44.4%	$22.3M+51.8%	$3M+61.5%	$15.12M+57.8%	$14.94M+49.3%
Deferred Tax Assets - Tax Credit Carryforwards	——	——	$12.66M+0.9%	——	——
Accumulated Amortization on Finance Lease Assets	$54K+20.0%	$54K-97.3%	$53K-99.5%	$50K-99.5%	$45K-99.5%
Indefinite-Lived Research and Development Assets	——	——	$3.9M+43.5%	——	——
Deferred tax assets	$37.39M+51.2%	$38.26M+97.8%	$40.21M+74.4%	$26.42M+30.5%	$24.73M+24.8%
Other non-current assets	$21.58M+44.4%	$22.3M+51.8%	$19.84M+56.4%	$15.12M+57.8%	$14.94M+49.3%
Property, plant and equipment at cost	$2.58B+6.6%	$2.54B+10.2%	$2.49B+7.3%	$2.5B+10.1%	$2.42B+7.3%
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)	$126.18M+356%	$92.74M—	$95.91M+127%	$96.28M+39.4%	$27.7M-58.0%
Software and Technology Licenses, Net	$21.58M+44.4%	$22.3M+51.8%	$19.84M+56.4%	$15.12M+57.8%	$14.94M+49.3%
Tax Credit Carryforward Valuation Allowance	——	——	$10.78M-64.8%	——	——
Accrued Manufacturing Costs	——	——	$26.28M-15.7%	——	——
Other Commercial Liabilities	$78.98M+2.2%	$94.99M+28.2%	$81.65M-6.3%	$74.56M-9.1%	$77.29M-5.2%
Accrued Income Taxes, Current	——	——	$21.09M-12.8%	——	——
Accrued Liabilities, Current	$78.98M+2.2%	$94.99M+28.2%	$81.65M-6.3%	$74.56M-9.1%	$77.29M-5.2%
Compensation and benefits	——	——	$26.28M-15.7%	——	——
Current Portion of Long-Term Debt and Finance Lease Obligations	$11K0.0%	$11K-99.6%	$11K-99.9%	$11K-99.9%	$11K-99.9%
Accrued Employee Benefits (Non-Current)	——	——	$13.22M+1.7%	——	——
Long-Term Debt and Finance Lease Obligations	$3.85M+20,179%	$10K-52.4%	$13K-48.0%	$16K-42.9%	$19K-99.2%
Total debt	$3.86M+12,780%	$21K-99.2%	$5.98M-85.4%	$27K-99.9%	$30K-99.9%
Unrecognized Tax Benefits	$13.2M-5.8%	$12.64M-23.9%	$11.38M-16.9%	$15.03M+27.6%	$14.01M+29.3%
Unrecognized Tax Benefits - Impacting Effective Tax Rate	$13.2M-5.8%	$12.64M-23.9%	$11.38M-22.7%	$15.03M+27.6%	$14.01M+29.3%
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued	$729K-45.1%	$649K-44.7%	$551K-46.4%	$1.48M+61.0%	$1.33M+65.0%
Common Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common Stock Shares Issued	58.2M-1.0%	58.1M-6.7%	57.6M-7.0%	57.6M-6.9%	58.7M-5.0%
Convertible Preferred Stock Authorized Shares	2M0.0%	2M0.0%	2M0.0%	2M0.0%	2M0.0%
Convertible Preferred Stock Issued Shares	0—	0—	0—	0—	0—
Convertible Preferred Stock Outstanding Shares	0—	0—	0—	0—	0—
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$582K-0.9%	$581K-6.7%	$576K-6.9%	$576K-6.8%	$587K-5.0%
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding	$0—	$0—	$0—	$0—	$0—
Preferred Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Cumulative Cost Basis	$2.58B+6.6%	$2.54B+10.2%	$95.9M+127%	$2.5B+3,517%	$2.42B+3,576%
Income taxes payable – long-term	——	——	$4.53M+5.1%	——	——
Accrued Operating Leases Current	——	——	$1.98M+2.6%	——	——
Accrued Property Plant And Equipment Current	——	——	$7.29M+173%	——	——
Accrued Services Contracted Current	——	——	$2.23M+53.7%	——	——
Accrued utilities	——	——	$1.33M+27.7%	——	——
Allowance for doubtful accounts	$1.14M-2.5%	$1.15M+4.4%	$1.17M+3.6%	$1.18M-1.0%	$1.17M+13.0%
Assets Net	——	——	$1.6B+7.9%	——	——
Common stock, par value (in dollars per share)	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common stock, shares authorized (in shares)	$150M0.0%	$150M0.0%	$150M0.0%	$150M0.0%	$150M0.0%
Common stock, shares issued (in shares)	$58.15M-1.0%	$58.11M-6.7%	$57.63M-7.0%	$57.59M-6.9%	$58.71M-5.0%
Common Stock, Shares, Outstanding	$58.15M-1.0%	$58.11M-6.7%	$57.63M-7.0%	$57.59M-6.9%	$58.71M-5.0%
Contract with Customer, Liability	$25.61M+45.0%	$26.89M+43.8%	$14.53M-31.7%	$17.11M-27.6%	$17.66M-22.5%
Deferred Tax Liabilities, Gross	——	——	$2.16M-79.8%	——	——
Deferred income taxes	——	——	$536K+14.3%	——	——
Deferred Tax Assets, Gross	——	——	$52.61M-17.7%	——	——
Deferred Tax Assets Lease Liability	——	——	$32K-99.2%	——	——
Deferred Tax Assets, Net	——	——	$39.67M+75.6%	——	——
Deferred Tax Assets, Net of Valuation Allowance	——	——	$41.83M+25.8%	——	——
Deferred Tax Assets, Operating Loss Carryforwards	——	——	$15.15M-20.0%	——	——
Fixed assets	——	——	$5.4M-49.6%	——	——
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-Based Compensation Cost	——	——	$3.33M+7.3%	——	——
Reserve for uncertain tax position	——	——	$9.13M-7.7%	——	——
Deferred Tax Assets, Valuation Allowance	——	——	$10.78M-64.8%	——	——
Deferred Tax Liabilities, Other	——	——	$2.13M-35.9%	——	——
Deferred Tax Liabilities Right Of Use Asset	——	——	$32K-99.6%	——	——
Federal Investment Tax Credits Refund Receivable Current	——	——	$10.9M+118%	——	——
Finance Lease, Right-of-Use Asset, after Accumulated Amortization	$3.85M+38,360%	$0-100%	$1K-100.0%	$5K-100.0%	$10K-100.0%
Finance Lease, Right-of-Use Asset, Accumulated Amortization	$54K+20.0%	$54K-97.3%	$53K-99.5%	$50K-99.5%	$45K-99.5%
Property, plant and equipment	$3.9M+6,991%	$54K-99.3%	$54K-99.9%	$55K-99.9%	$55K-99.9%
Investments Fair Value Disclosure	$126.18M+356%	$92.74M—	$95.91M+127%	$96.28M—	$27.7M—
Lessee Operating Lease Liability Payments Due After Year Four	——	——	$2.09M—	——	——
Long-Term Debt and Lease Obligation	$3.85M+20,179%	$10K-52.4%	$13K-48.0%	$16K-42.9%	$19K-99.2%
Less: current maturities	$11K0.0%	$11K-99.6%	$11K-99.9%	$11K-99.9%	$11K-99.9%
Noncontrolling interests in subsidiaries	$452.21M+14.2%	$438.53M+19.7%	$423.72M+17.7%	$412.45M+19.4%	$395.85M+18.8%
Long-Lived Assets	——	——	$854.44M+14.6%	——	——
Other accrued liabilities	——	——	$8.17M-13.5%	——	——
Other	——	——	$15.54M+39.0%	——	——
Other	——	——	$3.21M-8.0%	——	——
Percentage Of Ownership Interest In Subsidiaries	——	——	100%—	——	——
Postemployment benefit obligation	——	——	$13.22M+1.7%	——	——
Preferred Stock, Par or Stated Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Preferred Stock, Shares Authorized	$2M0.0%	$2M0.0%	$2M0.0%	$2M0.0%	$2M0.0%
Preferred Stock, Shares Issued	$0—	$0—	$0—	$0—	$0—
Preferred Stock, Shares Outstanding	$0—	$0—	$0—	$0—	$0—
Prepaid And Refundable Income Taxes	——	——	$4.39M+134%	——	——
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	$0—	——	$0—	$0—	$0—
Unbilled Receivables	$29.68M-6.5%	$28.07M-29.5%	$30.58M+4.7%	$30.4M+11.0%	$31.74M+34.9%
Unrecognized Tax Benefit Noncurrent	——	——	$11.38M-22.7%	——	——
Unrecognized tax benefits	$13.2M-5.8%	$12.64M-23.9%	$11.38M-16.9%	$15.03M+27.6%	$14.01M+29.3%
Unrecognized Tax Benefits Including Interest And Penalties	——	——	$11.38M-22.7%	——	——
Penalties and interest accrued on unrecognized tax benefits	$729K-45.1%	$649K-44.7%	$551K-46.4%	$1.48M+61.0%	$1.33M+65.0%
Amount that if recognized, would affect the effective tax rate or regulatory liability	$13.2M-5.8%	$12.64M-23.9%	$11.38M-22.7%	$15.03M+27.6%	$14.01M+29.3%

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Questions, answered.

Can Photronics cover its short-term obligations?: Its current ratio is 5.05 — current assets exceed current liabilities.
Where does Photronics's balance sheet data come from?: Every line is extracted from Photronics's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.