Article

Photronics Inc (PLAB) reported a revenue increase to $225.1 million for the three months ending February 1, 2026, compared to $212.1 million in the same period last year. Gross profit rose to $78.7 million, with net income reaching $42.9 million.

Earnings per share increased to $0.74. The company has a gross profit margin of 35.0% and an operating income margin of 24.4%. However, it reported an $8.6 million loss from foreign currency translation adjustments.

Photronics has committed approximately $190.6 million in capital expenditures and reduced R&D spending to $2.6 million. The semiconductor industry is expected to grow, presenting opportunities for market expansion despite competitive pressures and economic uncertainties.