What is Photronics's proceeds from government incentives?

Photronics (PLAB) reported proceeds from government incentives of $2.57M in Q4 2025.

How has Photronics's proceeds from government incentives changed year-over-year?

Photronics's proceeds from government incentives increased by 314.0% year-over-year, from $620K to $2.57M.

What does proceeds from government incentives mean?

Represents cash inflows received from government grants, subsidies, or tax incentives designed to support specific operational or capital projects. These proceeds often offset costs associated with manufacturing expansion or research and development initiatives.

Photronics PLAB Proceeds From Government Incentives

Proceeds From Government Incentives at other companies

Keysight TechnologiesKEYS

$250K-85.7%

NucorNUE

$2M—

Micron TechnologyMU

$733M+176%

Ondas, Inc. ONDS

$317+95.7%

SolarEdge TechnologiesSEDG

$0—

Microchip TechnologyMCHP

$300K—

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 / equity0×—

Current ratio5×-0.1×

Where this comes from

Reported directly by Photronics in its filing.

Tagged under the XBRL concept plab:ProceedsFromGovernmentIncentives.

The official record: Photronics’s 10-Q, filed March 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Photronics's proceeds from government incentives?: Photronics (PLAB) reported proceeds from government incentives of $2.57M in Q4 2025.
How has Photronics's proceeds from government incentives changed year-over-year?: Photronics's proceeds from government incentives increased by 314.0% year-over-year, from $620K to $2.57M.
What does proceeds from government incentives mean?: Represents cash inflows received from government grants, subsidies, or tax incentives designed to support specific operational or capital projects. These proceeds often offset costs associated with manufacturing expansion or research and development initiatives.