10-Q quarterly report · filed Jun 11, 2026

PHOTRONICS INC (PLAB) Q2 2026 10-Q Quarterly Report

Short answer

PHOTRONICS INC (PLAB) filed its Q2 2026 10-Q quarterly report on Jun 11, 2026 for the quarter ended May 3, 2026. Quarterly revenue was $210M (down 0.5% year over year) with net income of $31M.

Q2 2026 key financials · XBRL

Revenue
$210M
−0.5% YoY · −6.7% QoQ
Net income
$31M
+254.7% YoY · −26.8% QoQ
Operating margin
20.1%
Gross margin
31.3%
EPS (diluted)
$0.53
+231.3% YoY · −28.4% QoQ

Source: XBRL data from the PHOTRONICS INC (PLAB) Q2 2026 10-Q on SEC EDGAR. USD.

PHOTRONICS INC Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q2 revenue $209.9M, down 0.5% YoY from $211.0M, driven by lower Asia IC demand
  • Gross margin 31.3% vs 36.9% YoY; operating margin 20.1% vs 26.4%
  • Best segment FPD high-end revenue $52.8M, up 21.1% YoY; worst IC mainstream revenue $90.8M, down 5.9%
  • Cash $511.5M vs $492.3M October 31; YTD operating cash flow $144.3M vs $109.9M
  • YTD capital expenditures $93.4M; fiscal 2026 spending expected near $330M amid delayed IC design releases and industry volatility

Risk Factors

  • No risk-factors section provided in submitted 10-Q excerpt
  • Share-repurchase authorization: $27.6 million available as of May 3, 2026
  • No additional shares repurchased during three- or six-month periods ended May 3, 2026
  • No director or officer Rule 10b5-1 plans adopted or terminated during the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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