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Photronics PLAB Indefinite-Lived Research and Development Assets

Indefinite-Lived Research and Development Assets at other companies

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Quantum Computing Inc.QUBT
$1.09M+76.6%

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$1.86B+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 / equity
Current ratio-0.1×

Where this comes from

Reported directly by Photronics in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsInProcessResearchAndDevelopment.

The official record: Photronics’s 10-K, filed December 17, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Photronics's indefinite-lived research and development assets?
Photronics (PLAB) reported indefinite-lived research and development assets of $3.9M in Q3 2025.
What does indefinite-lived research and development assets mean?
This represents the value of acquired in-process research and development projects that are not yet subject to amortization because they have not reached technological feasibility. These assets represent the company's investment in future product pipelines and innovation. It is a critical metric for assessing long-term growth potential and R&D strategy.