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	Feb '26 Feb 1, 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	862.22	849.29	866.95	892.08	824.55	663.76
Revenue Growth (YoY)	-0.06%	-2.04%	-2.82%	8.19%	24.22%	8.87%
Cost of Revenue	559.23	549.46	551	555.91	530.34	496.72
Gross Profit	303	299.83	315.95	336.16	294.21	167.04
Selling, General & Admin	77.83	75.63	77.76	69.46	63.99	57.53
Research & Development	14.14	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	92.15	91.67	94.43	83.11	82.35	72.49
Operating Income	210.84	208.16	221.52	253.05	211.87	94.55
Interest Income	22.21	21.99	24.06	14.86	1.68	1.17
Interest Expense	-0.01	-0.06	-0.33	-0.43	-1.86	-1.69
Other Non-Operating Income (Expense)	9.97	-8.31	2.17	2.47	27.34	7.97
Total Non-Operating Income (Expense)	32.17	13.62	25.9	16.9	27.17	7.45
Pretax Income	219.16	221.78	247.42	269.95	239.03	102.01
Provision for Income Taxes	27	31.55	63.57	70.31	59.79	23.19
Net Income	136.49	136.41	130.69	125.49	118.79	55.45
Minority Interest in Earnings	55.66	53.83	53.16	74.15	60.46	23.37
Net Income to Common	136.49	136.41	130.69	125.49	118.79	55.45
Net Income Growth	-7.38%	4.38%	4.15%	5.64%	114.23%	63.95%
Shares Outstanding (Basic)	59	60	62	61	61	61
Shares Outstanding (Diluted)	59	60	62	62	61	62
Shares Change (YoY)	-5.64%	-3.96%	1.03%	0.92%	-1.31%	-5.30%
EPS (Basic)	2.36	2.29	2.12	2.05	1.96	0.90
EPS (Diluted)	2.36	2.28	2.09	2.03	1.94	0.89
EPS Growth	-	9.09%	2.96%	4.64%	117.98%	71.15%
Shares Outstanding	58.11	57.63	61.95	61.31	60.79	60.02
Free Cash Flow	66.01	59.66	130.5	170.88	162.85	41.67
Free Cash Flow Growth	10.65%	-54.28%	-23.63%	4.93%	290.78%	-42.31%
Free Cash Flow Per Share	1.12	1.00	2.09	2.77	2.66	0.67
Gross Margin	35.14%	35.30%	36.44%	37.68%	35.68%	25.17%
Operating Margin	24.45%	24.51%	25.55%	28.37%	25.69%	14.25%
Profit Margin	22.29%	22.40%	21.21%	22.38%	21.74%	11.87%
FCF Margin	7.66%	7.02%	15.05%	19.16%	19.75%	6.28%
EBITDA	287.46	285.77	304.32	333.89	292.2	184.95
EBITDA Margin	33.34%	33.65%	35.10%	37.43%	35.44%	27.86%
EBIT	210.84	208.16	221.52	253.05	211.87	94.55
EBIT Margin	24.45%	24.51%	25.55%	28.37%	25.69%	14.25%
Effective Tax Rate	12.32%	14.23%	25.69%	26.05%	25.01%	22.73%

Updated Mar 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q