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Cadence Design SystemsCDNS
$36.64M+7.0%

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 / equity
Current ratio-0.1×

Where this comes from

Reported directly by Photronics in its filing.

Tagged under the XBRL concept us-gaap:CurrentForeignTaxExpenseBenefit.

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 foreign?
Photronics (PLAB) reported foreign of $12.16M in Q3 2025.
How has Photronics's foreign changed year-over-year?
Photronics's foreign decreased by 25.0% year-over-year, from $16.22M to $12.16M.
What is the long-term trend for Photronics's foreign?
Over 2 years (2023 to 2025), Photronics's foreign has grown at a -17.3% compound annual growth rate (CAGR), from $71.23M to $48.66M.
What does foreign mean?
The current tax expense or benefit accrued based on taxable income generated in foreign jurisdictions. This metric is essential for understanding the company's global tax exposure and the impact of international tax regimes on net earnings.