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	0.18	0.09	-	0.02	-3.53	-
Operating Expenses	94.72	94.43	83.11	82.35	72.49	70.73
Operating Income	211.88	221.52	253.05	211.87	94.55	63.93
Interest Expense	-0.13	-0.33	-0.43	-1.86	-1.69	-2.37
Interest & Investment Income	23.55	24.06	14.86	1.68	1.17	0.54
Currency Exchange Gain (Loss)	-34.68	2.17	2.47	27.34	7.97	-0.5
EBT Excluding Unusual Items	200.62	247.42	269.94	239.03	102.01	61.6
Gain (Loss) on Sale of Investments	-	-	0	-	-	-
Pretax Income	200.62	247.42	269.95	239.03	102.01	61.6
Income Tax Expense	48.78	63.57	70.31	59.79	23.19	21.26
Earnings From Continuing Operations	151.84	183.85	199.63	179.24	78.82	40.34
Minority Interest in Earnings	-43.37	-53.16	-74.15	-60.46	-23.37	-6.52
Net Income	108.47	130.69	125.49	118.79	55.45	33.82
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	-21.82%	2.96%	4.64%	117.98%	71.15%	17.37%
Free Cash Flow	64.55	130.5	170.88	162.85	41.67	72.23
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	24.75%	25.55%	28.37%	25.70%	14.24%	10.48%
Profit Margin	12.67%	15.07%	14.07%	14.41%	8.35%	5.55%
Free Cash Flow Margin	7.54%	15.05%	19.16%	19.75%	6.28%	11.85%
EBITDA	292.31	304.32	333.89	292.2	184.95	157.74
EBITDA Margin	34.14%	35.10%	37.43%	35.44%	27.86%	25.87%
D&A For EBITDA	80.43	82.81	80.84	80.33	90.4	93.81
EBIT	211.88	221.52	253.05	211.87	94.55	63.93
EBIT Margin	24.75%	25.55%	28.37%	25.70%	14.24%	10.48%
Effective Tax Rate	24.31%	25.69%	26.05%	25.01%	22.73%	34.51%

Updated Aug 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q