PHOTRONICS INC

For the period ended Oct 31, 2025. Filed Dec 17, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Dec 17, 2025

PLAB$28.10-2.8%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

(in thousands, except per share amounts)

	Year Ended
	October 31, 2025	October 31, 2024	October 31, 2023
Revenue	$849,294	$866,946	$$892,076
Cost of goods sold	549,464	551,000	555,914
Gross profit	299,830	315,946	336,162
Operating expenses:
Selling, general and administrative	75,625	77,760	69,458
Research and development	15,804	16,576	13,654
Total operating expenses	91,429	94,336	83,112
Other operating expense	(240)	(92)	-
Operating income	208,161	221,518	253,050
Other income (expense):
Foreign currency transactions impacts, net	(8,310)	2,168	2,466
Interest income and other income, net	21,988	24,063	14,863
Interest expense	(55)	(334)	(433)
Income before income tax provision	221,784	247,415	269,946
Income tax provision	31,550	63,567	70,312
Net income	190,234	183,848	199,634
Net income attributable to noncontrolling interests	53,829	53,160	74,149
Net income attributable to Photronics, Inc. shareholders	$136,405	$$130,688	$$125,485
Earnings per share:
Basic	$2.29	$2.12	$$2.05
Diluted	$2.28	$2.09	$$2.03
Weighted-average number of common shares outstanding:
Basic	59,606	61,726	61,139
Diluted	59,920	62,391	61,755

Consolidated Statements of

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.