Photronics Income Statement

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

Millions USD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 3, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Revenue	861.17	849.29	866.95	892.08	824.55	663.76
Revenue Growth (YoY)	0.52%	-2.04%	-2.82%	8.19%	24.22%	8.87%
Cost of Revenue	570.32	549.46	551	555.91	530.34	496.72
Gross Profit	290.85	299.83	315.95	336.16	294.21	167.04
Selling, General & Admin	80.49	75.63	77.76	69.46	63.99	57.53
Research & Development	12.87	15.8	16.58	13.65	18.34	18.49
Other Operating Expenses	0.18	0.24	0.09	-	0.02	-3.53
Total Operating Expenses	93.54	91.67	94.43	83.11	82.35	72.49
Operating Income	197.31	208.16	221.52	253.05	211.87	94.55
Interest Income	16.88	21.99	24.06	14.86	1.68	1.17
Interest Expense	-0	-0.06	-0.33	-0.43	-1.86	-1.69
Other Non-Operating Income (Expense)	52.75	-8.31	2.17	2.47	27.34	7.97
Total Non-Operating Income (Expense)	69.64	13.62	25.9	16.9	27.17	7.45
Pretax Income	243.08	221.78	247.42	269.95	239.03	102.01
Provision for Income Taxes	31.9	31.55	63.57	70.31	59.79	23.19
Net Income	211.19	190.23	183.85	199.63	179.24	78.82
Minority Interest in Earnings	52.13	53.83	53.16	74.15	60.46	23.37
Net Income to Common	159.06	136.41	130.69	125.49	118.79	55.45
Net Income Growth	32.58%	4.38%	4.15%	5.64%	114.23%	63.95%
Shares Outstanding (Basic)	58	60	62	61	61	61
Shares Outstanding (Diluted)	58	60	62	62	61	62
Shares Change (YoY)	-6.00%	-3.96%	1.03%	0.92%	-1.31%	-5.30%
EPS (Basic)	2.75	2.29	2.12	2.05	1.96	0.90
EPS (Diluted)	2.75	2.28	2.09	2.03	1.94	0.89
EPS Growth	42.49%	9.09%	2.96%	4.64%	117.98%	71.15%
Free Cash Flow	96.34	59.66	130.5	170.88	162.85	41.67
Free Cash Flow Growth	61.48%	-54.28%	-23.63%	4.93%	290.78%	-42.31%
Free Cash Flow Per Share	1.65	1.00	2.09	2.77	2.66	0.67
Gross Margin	33.77%	35.30%	36.44%	37.68%	35.68%	25.17%
Operating Margin	22.91%	24.51%	25.55%	28.37%	25.69%	14.25%
Profit Margin	24.52%	22.40%	21.21%	22.38%	21.74%	11.87%
FCF Margin	11.19%	7.02%	15.05%	19.16%	19.75%	6.28%
EBITDA	274.34	285.77	304.32	333.89	292.2	184.95
EBITDA Margin	31.86%	33.65%	35.10%	37.43%	35.44%	27.86%
EBIT	197.31	208.16	221.52	253.05	211.87	94.55
EBIT Margin	22.91%	24.51%	25.55%	28.37%	25.69%	14.25%
Effective Tax Rate	13.12%	14.23%	25.69%	26.05%	25.01%	22.73%

SEC Filings: 10-K · 10-Q