What is Photronics's capex?

Photronics (PLAB) reported capex of $45.8M in Q1 2026.

How has Photronics's capex changed year-over-year?

Photronics's capex decreased by 24.4% year-over-year, from $60.55M to $45.8M.

What is the long-term trend for Photronics's capex?

Over 4 years (2021 to 2025), Photronics's capex has grown at a 14.6% compound annual growth rate (CAGR), from $109.1M to $188.14M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Photronics PLAB CapEx

CapEx at other companies

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$224.61M+181%

Veeco InstrumentsVECO

$5.1M-24.5%

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$1.84M-62.9%

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$56.72M+84.7%

Applied MaterialsAMAT

$635M+24.5%

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$9.05M-38.7%

Other financials

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%

Free cash flow$1.2M—

Valuation

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Market cap$1.86B+146%

Enterprise value$1.35B+268%

P/E11.7×+5.4×

P/S2.2×+1.3×

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×

Where this comes from

Reported directly by Photronics in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Photronics’s 10-Q, filed June 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Photronics's capex?: Photronics (PLAB) reported capex of $45.8M in Q1 2026.
How has Photronics's capex changed year-over-year?: Photronics's capex decreased by 24.4% year-over-year, from $60.55M to $45.8M.
What is the long-term trend for Photronics's capex?: Over 4 years (2021 to 2025), Photronics's capex has grown at a 14.6% compound annual growth rate (CAGR), from $109.1M to $188.14M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.