Photronics Inc income statement

In fiscal 2025, Photronics Inc reported revenue of $849m, down 2.0% on the year before, operating income of $208m (a 24.5% margin) and net income of $136m, or $2.28 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Photronics Inc: income statement, annual
Fiscal year	2009Nov 2009	2010Oct 2010	2011Oct 2011	2012Oct 2012	2013Nov 2013	2014Nov 2014	2015Nov 2015	2016Oct 2016	2017Oct 2017	2018Oct 2018	2019Oct 2019	2020Oct 2020	2021Oct 2021	2022Oct 2022	2023Oct 2023	2024Oct 2024	2025Oct 2025	LTMAug 2026
Revenue	361	426	512	450	422	456	524	483	451	535	551	610	664	825	892	867	849	867
Cost of revenue	—	—	—	—	—	—	—	365	359	404	430	475	497	530	556	551	549	575
Gross profit	—	—	136	112	100	100	143	119	91	132	121	135	167	294	336	316	300	292
Research and development	15	15	16	19	21	22	22	22	16	14	16	17	18	18	14	17	16	12
Selling, general and administrative	41	42	45	47	48	50	49	45	44	51	52	54	58	64	69	78	76	85
Operating income	−12	39	75	44	31	29	72	52	32	66	52	64	95	212	253	222	208	195
Income before tax	−37	33	36	41	27	41	70	60	27	69	51	62	102	239	270	247	222	259
Income tax	4	7	16	11	7	9	13	5	5	7	10	21	23	60	70	64	32	33
Net income	−42	24	16	28	18	26	45	46	13	42	30	34	55	119	125	131	136	165
Diluted EPS	−$0.97	$0.43	$0.28	$0.44	$0.29	$0.41	$0.63	$0.64	$0.19	$0.59	$0.44	$0.52	$0.89	$1.94	$2.03	$2.09	$2.28	$2.82
Diluted shares (average)	43m	66m	58m	76m	62m	67m	78m	76m	69m	75m	69m	65m	62m	61m	62m	62m	60m	58m
EBITDA	64	121	162	123	97	102	148	130	114	145	131	153	182	292	334	304	285	273

US$ millions unless shown otherwise. Fiscal quarters.

Photronics Inc: income statement, quarterly
Quarter	2024 Q4Oct 2024	2025 Q1Feb 2025	2025 Q2May 2025	2025 Q3Aug 2025	2025 Q4Oct 2025	2026 Q1Feb 2026	2026 Q2May 2026	2026 Q3Aug 2026
Revenue	223	212	211	210	216	225	210	216
Cost of revenue	140	137	133	140	140	146	144	144
Gross profit	82	76	78	71	76	79	66	72
Research and development	5	4	4	4	3	3	3	4
Selling, general and administrative	21	19	18	18	20	21	21	23
Operating income	56	52	56	48	52	55	42	46
Income before tax	55	77	30	39	76	75	54	55
Income tax	15	19	6	10	−3	14	11	11
Net income	34	43	9	23	62	43	31	29
Diluted EPS	$0.54	$0.68	$0.15	$0.39	$1.05	$0.74	$0.54	$0.49
EBITDA	77	73	75	67	70	75	62	67

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Photronics Inc's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Photronics Inc.