What is Photronics's deferred tax assets?

Photronics (PLAB) reported deferred tax assets of $37.39M in Q1 2026.

How has Photronics's deferred tax assets changed year-over-year?

Photronics's deferred tax assets increased by 51.2% year-over-year, from $24.73M to $37.39M.

What is the long-term trend for Photronics's deferred tax assets?

Over 5 years (2020 to 2025), Photronics's deferred tax assets has grown at a 12.7% compound annual growth rate (CAGR), from $22.07M to $40.21M.

What does deferred tax assets mean?

Future tax benefits from temporary differences, net operating loss carryforwards, and tax credit carryforwards that will reduce future tax payments.

Photronics PLAB Deferred Tax Assets

Deferred Tax Assets at other companies

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$513K-22.6%

Axcelis TechnologiesACLS

$80.51M+16.1%

Sanmina CorpSANM

$326.42M+110%

KLA CorporationKLAC

$444.18M+9.4%

Alpha and Omega SemiconductorAOSL

$12.25M-52.4%

Applied MaterialsAMAT

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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%

CapEx$45.8M-24.4%

Free cash flow$1.2M—

Valuation

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Market cap$1.87B+146%

Enterprise value$1.36B+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:DeferredIncomeTaxAssetsNet.

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 deferred tax assets?: Photronics (PLAB) reported deferred tax assets of $37.39M in Q1 2026.
How has Photronics's deferred tax assets changed year-over-year?: Photronics's deferred tax assets increased by 51.2% year-over-year, from $24.73M to $37.39M.
What is the long-term trend for Photronics's deferred tax assets?: Over 5 years (2020 to 2025), Photronics's deferred tax assets has grown at a 12.7% compound annual growth rate (CAGR), from $22.07M to $40.21M.
What does deferred tax assets mean?: Future tax benefits from temporary differences, net operating loss carryforwards, and tax credit carryforwards that will reduce future tax payments.