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Photronics PLAB Net Settlements Of Restricted Stock Awards

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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$1.89B+58.6%
Enterprise value$1.38B+94.4%
P/E11.9×+0.9×
P/S2.2×+0.8×

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 plab:NetSettlementsOfRestrictedStockAwards.

The source filing: Photronics’s 10-Q, filed June 11, 2026.

Filed
Jun 11, 2026, 3:19 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001140361-26-024915
Line itemSix Months Ended / May 3, 2026Six Months Ended / May 4, 2025
Repayments of debt(5)(17,966)
Common stock repurchases-(76,682)
Proceeds from share-based arrangements1,2161,583
Net settlements of restricted stock awards(1,632)(2,007)
Net cash used in financing activities(421)(95,072)
Effects of exchange rate changes on cash, cash equivalents, and restricted cash(6,722)(1,697)
Net change in cash, cash equivalents, and restricted cash19,251(67,697)
Cash, cash equivalents, and restricted cash at beginning of period495,113601,243

Item 1. Financial Statements (unaudited)

FAQ

What is Photronics's net settlements of restricted stock awards?
Photronics (PLAB) reported net settlements of restricted stock awards of $1.63M in Q1 2026.
How has Photronics's net settlements of restricted stock awards changed year-over-year?
Photronics's net settlements of restricted stock awards increased by 13500.0% year-over-year, from $12K to $1.63M.
What does net settlements of restricted stock awards mean?
The net cash impact of withholding shares to satisfy tax obligations upon the vesting of restricted stock units. This reflects the liquidity impact of equity-based compensation programs on the company's cash position.

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