Photronics, Inc. (PLAB) — Financial statements
Income statement, balance sheet, and cash flow for Photronics, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 849↓2.0% | 867↓2.8% | 892↑8.2% | 825↑24.2% | 664 | |
| Cost of Revenue | 549↓0.3% | 551↓0.9% | 556↑4.8% | 530↑6.8% | 497 | |
| Gross Profit | 300↓5.1% | 316↓6.0% | 336↑14.3% | 294↑76.1% | 167 | |
| Operating Expenses | ||||||
| R&D Expenses | 16↓4.7% | 17↑21.4% | 14↓25.6% | 18↓0.8% | 18 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 76↓2.7% | 78↑12.0% | 69↑8.5% | 64↑11.2% | 58 | |
| Other Expenses | 0.00↓100.0% | 0.09 | 0.00↓100.0% | 0.02↑100.5% | -4 | |
| Operating Expenses | 91↓3.2% | 94↑13.6% | 83↑0.9% | 82↑13.6% | 72 | |
| Total Costs & Expenses | 641↓0.7% | 645↑1.0% | 639↑4.3% | 613↑7.6% | 569 | |
| Operating Results | ||||||
| Operating Income | 208↓6.0% | 222↓12.5% | 253↑19.4% | 212↑124.1% | 95 | |
| Depreciation & Amortization | 78↓6.3% | 83↑2.4% | 81↑0.6% | 80↓11.1% | 90 | |
| EBITDA | 299↓9.4% | 331↓5.9% | 351↑9.3% | 321↑65.5% | 194 | |
| EBIT | 222↓10.5% | 248↓8.4% | 270↑12.2% | 241↑132.3% | 104 | |
| Interest & Other Income | ||||||
| Net Interest Income | 22↓7.6% | 24↑64.4% | 14↑8252.5% | -0.18↑66.0% | -0.52 | |
| Interest Income | 22↓8.6% | 24↑61.9% | 15↑784.7% | 2↑44.2% | 1 | |
| Interest Expense | 0.06↓83.5% | 0.33↓22.9% | 0.43↓76.7% | 2↑10.2% | 2 | |
| Non-Operating Income | -14↑47.9% | -26↓51.4% | -17↑40.3% | -29↓217.7% | -9 | |
| Other Income / Expenses | 14↓47.4% | 26↑53.3% | 17↓37.8% | 27↑264.6% | 7 | |
| Income Before Tax | 222↓10.4% | 247↓8.3% | 270↑12.9% | 239↑134.3% | 102 | |
| Income Tax Expense | 32↓50.4% | 64↓9.6% | 70↑17.6% | 60↑157.8% | 23 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 190↑3.5% | 184↓7.9% | 200↑11.4% | 179↑127.4% | 79 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 136↑4.4% | 131↑4.1% | 125↑5.6% | 119↑114.2% | 55 | |
| Bottom-Line Net Income | 136↑4.4% | 131↑4.1% | 125↑5.6% | 119↑114.2% | 55 | |
| EPS (Basic) | 2.29↑8.0% | 2.12↑3.4% | 2.05↑4.6% | 1.96↑117.8% | 0.90 | |
| EPS (Diluted) | 2.28↑9.1% | 2.09↑3.0% | 2.03↑4.6% | 1.94↑118.0% | 0.89 | |
| Weighted Average Shares | 60↓3.4% | 62↑1.0% | 61↑1.0% | 61↓1.4% | 61 | |
| Weighted Average Diluted Shares | 60↓4.0% | 62↑1.0% | 62↑0.9% | 61↓1.3% | 62 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.