PLAB (Photronics, Inc.) Stock Financials & Earnings | Market Cap Arena

PLAB (Photronics, Inc.) Stock Financials & Earnings | Market Cap Arena

PLABPhotronics, Inc.

Mkt Cap$2B

Technology·Semiconductors·🇺🇸 United States·NASDAQ

Revenue (TTM)$862M

Net Income (TTM)$136M

EPS (TTM)$2.34

Free Cash Flow (TTM)$66M

Gross Margin35.1%

Op. Margin24.5%

Net Margin15.8%

FCF Margin7.6%

P/S Ratio (TTM)2.4x

P/E Ratio (TTM)15.1x

YoY Rev Growth-0.1%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q2 23	$229M	$88M	$67M
Q3 23	$224M	$87M	$65M
Q4 23	$227M	$85M	$65M
Q1 24	$216M	$79M	$57M
Q2 24	$217M	$79M	$56M
Q3 24	$211M	$75M	$52M
Q4 24	$223M	$82M	$56M
Q1 25	$212M	$76M	$52M
Q2 25	$211M	$78M	$56M
Q3 25	$210M	$71M	$48M
Q4 25	$216M	$76M	$52M
Q1 26	$225M	$79M	$55M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q2 23	2.4x	16.8x
Q3 23	2.4x	17.4x
Q4 23	2.3x	16.4x
Q1 24	2.3x	14.9x
Q2 24	2.3x	15.4x
Q3 24	2.4x	14.5x
Q4 24	2.4x	15.7x
Q1 25	2.4x	14.0x
Q2 25	2.4x	17.2x
Q3 25	2.4x	19.0x
Q4 25	2.4x	15.1x
Q1 26	2.4x	15.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 23	$82M	$55M
Q3 23	$86M	$65M
Q4 23	$107M	$54M
Q1 24	$42M	-$2M
Q2 24	$76M	$56M
Q3 24	$75M	$51M
Q4 24	$68M	$25M
Q1 25	$78M	$43M
Q2 25	$31M	-$29M
Q3 25	$50M	$25M
Q4 25	$88M	$20M
Q1 26	$97M	$50M

Capital Expenditures

CapEx

Quarter	CapEx
Q2 23	$27M
Q3 23	$21M
Q4 23	$52M
Q1 24	$43M
Q2 24	$20M
Q3 24	$24M
Q4 24	$43M
Q1 25	$35M
Q2 25	$61M
Q3 25	$25M
Q4 25	$68M
Q1 26	$48M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 23	+12.1%	+4.6%
Q3 23	+1.9%	+1.7%
Q4 23	+8.2%	+8.7%
Q1 24	+2.5%	+2.4%
Q2 24	-5.4%	-0.8%
Q3 24	-5.9%	-0.1%
Q4 24	-2.1%	+2.5%
Q1 25	-1.9%	+0.7%
Q2 25	-2.8%	-3.6%
Q3 25	-0.3%	+2.1%
Q4 25	-3.1%	-1.9%
Q1 26	+6.1%	+6.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 23	$2M	0.9%
Q3 23	$2M	0.9%
Q4 23	$2M	0.9%
Q1 24	$3M	1.2%
Q2 24	$4M	1.8%
Q3 24	$3M	1.6%
Q4 24	$4M	1.8%
Q1 25	$3M	1.6%
Q2 25	$3M	1.6%
Q3 25	$3M	1.6%
Q4 25	$3M	1.6%
Q1 26	$3M	1.3%

OpEx Breakdown

Quarter	R&D	SG&A
Q2 23	$3M	$18M
Q3 23	$4M	$18M
Q4 23	$3M	$17M
Q1 24	$3M	$18M
Q2 24	$4M	$19M
Q3 24	$4M	$19M
Q4 24	$5M	$21M
Q1 25	$4M	$19M
Q2 25	$4M	$18M
Q3 25	$4M	$18M
Q4 25	$3M	$20M
Q1 26	$3M	$21M

Revenue Segments

Quarter	High-end Flat Panel Displays	High-end Integrated Circuits	Mainstream Flat Panel Displays	Mainstream Integrated Circuits
Q2 23	$52M	$44M	$10M	$123M
Q3 23	$50M	$45M	$11M	$118M
Q4 23	$53M	$58M	$10M	$107M
Q1 24	$51M	$61M	$8M	$97M
Q2 24	$48M	$58M	$8M	$103M
Q3 24	$48M	$49M	$7M	$106M
Q4 24	$48M	$60M	$11M	$104M
Q1 25	$50M	$60M	$9M	$94M

Revenue by Geography

Quarter	China	Europe	Korea	Other	Taiwan	United States	Korea, Republic Of	Other Member
Q2 23	$65M	$9M	$41M	$500K	$80M	$32M	—	—
Q3 23	$62M	$10M	$41M	$506K	$82M	$30M	—	—
Q4 23	$59M	$9M	$42M	$681K	$79M	$37M	—	—
Q1 24	$58M	$10M	$40M	$459K	$75M	$33M	—	—
Q2 24	$59M	$10M	$39M	$371K	$75M	$33M	—	—
Q3 24	$55M	$10M	$38M	$497K	$68M	$39M	—	—
Q4 24	$61M	$10M	$40M	$490K	$70M	$42M	—	—
Q1 25	$54M	$8M	—	$470K	$73M	$37M	$40M	—
Q3 25	$51M	$9M	—	—	$68M	$38M	$44M	$827K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 23	$367M	$45M	$413M
Q3 23	$448M	$27M	$476M
Q4 23	$499M	$13M	$512M
Q1 24	$509M	$13M	$522M
Q2 24	$494M	$66M	$560M
Q3 24	$537M	$69M	$606M
Q4 24	$598M	$42M	$641M
Q1 25	$642M	$0	$642M
Q2 25	$531M	$28M	$558M
Q3 25	$480M	$96M	$576M
Q4 25	$492M	$96M	$588M
Q1 26	$544M	$93M	$637M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q2 23	62M	+0.1%
Q3 23	62M	+0.8%
Q4 23	62M	+0.2%
Q1 24	62M	+0.3%
Q2 24	62M	+0.2%
Q3 24	62M	+0.0%
Q4 24	62M	-0.0%
Q1 25	63M	+0.4%
Q2 25	61M	-2.7%
Q3 25	61M	-0.7%
Q4 25	58M	-4.3%
Q1 26	58M	+0.7%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$350K	1K
FY 15	$349K	2K
FY 16	$316K	2K
FY 17	$306K	1K
FY 18	$340K	2K
FY 19	$310K	2K
FY 20	$353K	2K
FY 21	$384K	2K
FY 22	$451K	2K
FY 23	$473K	2K
FY 24	$462K	2K
FY 25	$445K	2K