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State at other companies

Cadence Design Systems logo
Cadence Design SystemsCDNS
$2.2M+272%

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:DeferredStateAndLocalIncomeTaxExpenseBenefit.

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 state?
Photronics (PLAB) reported state of -$182.75K in Q3 2025.
How has Photronics's state changed year-over-year?
Photronics's state decreased by 5723.1% year-over-year, from $3.25K to -$182.75K.
What is the long-term trend for Photronics's state?
Over 2 years (2023 to 2025), Photronics's state has grown at a 680.5% compound annual growth rate (CAGR), from $12K to -$731K.
What does state mean?
Represents the change in deferred tax assets or liabilities specifically related to state and local jurisdictions. This reflects the impact of temporary differences between the financial reporting and tax bases of assets and liabilities at the sub-national level.