Photronics, Inc. Income Statement
PLAB / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Photronics, Inc. reported $849M in revenue and $136M in net income for FY2025. Revenue has grown at a 3.7% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $849.3M | $866.9M | $663.8M | $609.7M | $550.7M | $609.7M | $450.7M | $535.3M | $524.2M | $483.5M | $524.2M | $450.4M | $512.0M | $425.6M | $512.0M |
| Cost of Revenue | $549.5M | $551.0M | $496.7M | $475.0M | $429.8M | $475.0M | $359.4M | $403.8M | $381.1M | $364.8M | $381.1M | $338.5M | $375.8M | $333.7M | $375.8M |
| Gross Profit | $299.8M | $315.9M | $167.0M | $134.7M | $120.8M | $134.7M | $91.3M | $131.5M | $143.1M | $118.7M | $143.1M | $99.6M | $111.9M | $136.2M | $136.2M |
| SG&A Expense | $75.6M | $77.8M | $57.5M | $53.6M | $52.3M | $53.6M | $43.6M | $51.4M | $49.0M | $44.6M | $49.0M | $46.7M | $45.2M | $42.4M | $45.2M |
| R&D Expense | $15.8M | $16.6M | $18.5M | $17.1M | $16.4M | $17.1M | $15.9M | $14.5M | $21.9M | $21.7M | $21.9M | $19.4M | $15.5M | $14.9M | $15.5M |
| Operating Income | $208.2M | $221.5M | $94.6M | $63.9M | $52.1M | $63.9M | $31.9M | $65.6M | $72.2M | $52.5M | $72.2M | $44.4M | $75.5M | $39.5M | $75.5M |
| Income Tax | $31.6M | $63.6M | $23.2M | $21.3M | $10.2M | $21.3M | $5.3M | $7.3M | $13.2M | $4.8M | $13.2M | $10.8M | $15.7M | $7.5M | $15.7M |
| Net Income | $136.4M | $130.7M | $55.4M | $33.8M | $29.8M | $33.8M | $13.1M | $42.1M | $44.6M | $46.2M | $44.6M | $27.9M | $16.2M | $23.9M | $16.2M |
| EPS (Basic) | $2.29 | $1.96 | $0.90 | $0.52 | $0.45 | $0.61 | $0.19 | $0.68 | $0.67 | $0.42 | $0.30 | $0.46 | $0.28 | $0.45 | -$0.97 |
| EPS (Diluted) | $2.28 | $1.94 | $0.89 | $0.52 | $0.44 | $0.59 | $0.19 | $0.64 | $0.63 | $0.41 | $0.29 | $0.44 | $0.28 | $0.43 | -$0.97 |
| Shares Outstanding | 57.6M | 61.3M | 60.8M | 60.0M | 63.1M | 65.6M | 67.1M | 68.7M | 68.1M | 66.6M | 65.9M | 61.1M | 60.2M | 59.7M | 53.8M |
| Gross Margin | 35.3% | 36.4% | 25.2% | 22.1% | 21.9% | 22.1% | 20.3% | 24.6% | 27.3% | 24.6% | 27.3% | 22.1% | 21.9% | 32.0% | 26.6% |
| Operating Margin | 24.5% | 25.6% | 14.2% | 10.5% | 9.5% | 10.5% | 7.1% | 12.3% | 13.8% | 10.8% | 13.8% | 9.9% | 14.7% | 9.3% | 14.7% |
| Profit Margin | 16.1% | 15.1% | 8.3% | 5.5% | 5.4% | 5.5% | 2.9% | 7.9% | 8.5% | 9.6% | 8.5% | 6.2% | 3.2% | 5.6% | 3.2% |