Photronics, Inc. (PLAB)

Photronics Income Statement

Financials in millions USD. Fiscal year is November - October.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug 3, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Revenue	856.15	866.95	892.08	824.55	663.76	609.69
Revenue Growth (YoY)	-1.79%	-2.82%	8.19%	24.22%	8.87%	10.72%
Cost of Revenue	549.55	551	555.91	530.34	496.72	475.04
Gross Profit	306.6	315.95	336.16	294.21	167.04	134.65
Selling, General & Admin	76.63	77.76	69.46	63.99	57.53	53.58
Research & Development	17.9	16.58	13.65	18.34	18.49	17.14
Other Operating Expenses	-	0.09	-	0.02	-3.53	-
Total Operating Expenses	94.53	94.43	83.11	82.35	72.49	70.73
Operating Income	212.07	221.52	253.05	211.87	94.55	63.93
Interest Income	23.54	24.06	14.86	1.68	1.17	0.54
Interest Expense	-	-0.33	-0.43	-1.86	-1.69	-2.37
Other Non-Operating Income (Expense)	-34.68	2.17	2.47	27.34	7.97	-0.5
Total Non-Operating Income (Expense)	-11.14	25.9	16.9	27.17	7.45	-2.33
Pretax Income	200.93	247.42	269.95	239.03	102.01	61.6
Provision for Income Taxes	48.78	63.57	70.31	59.79	23.19	21.26
Net Income	108.47	130.69	125.49	118.79	55.45	33.82
Minority Interest in Earnings	43.37	53.16	74.15	60.46	23.37	6.52
Net Income to Common	108.47	130.69	125.49	118.79	55.45	33.82
Net Income Growth	-23.30%	4.15%	5.64%	114.23%	63.95%	13.52%
Shares Outstanding (Basic)	61	62	61	61	61	65
Shares Outstanding (Diluted)	61	62	62	61	62	65
Shares Change (YoY)	-2.01%	1.03%	0.92%	-1.31%	-5.30%	-5.33%
EPS (Basic)	1.79	2.12	2.05	1.96	0.90	0.52
EPS (Diluted)	1.77	2.09	2.03	1.94	0.89	0.52
EPS Growth	-22.03%	2.96%	4.64%	117.98%	71.15%	18.18%
Free Cash Flow	64.55	130.5	170.88	162.85	41.67	72.23
Free Cash Flow Growth	-50.54%	-23.63%	4.93%	290.78%	-42.31%	-
Free Cash Flow Per Share	1.06	2.09	2.77	2.66	0.67	1.10
Gross Margin	35.81%	36.44%	37.68%	35.68%	25.17%	22.09%
Operating Margin	24.77%	25.55%	28.37%	25.69%	14.25%	10.49%
Profit Margin	17.77%	21.21%	22.38%	21.74%	11.87%	6.62%
FCF Margin	7.54%	15.05%	19.16%	19.75%	6.28%	11.85%
EBITDA	292.12	303.95	333.52	291.84	182.09	153.1
EBITDA Margin	34.12%	35.06%	37.39%	35.39%	27.43%	25.11%
EBIT	212.07	221.52	253.05	211.87	94.55	63.93
EBIT Margin	24.77%	25.55%	28.37%	25.69%	14.25%	10.49%
Effective Tax Rate	24.28%	25.69%	26.05%	25.01%	22.73%	34.51%

Updated Aug 27, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q