NASDAQ$PLAB

Photronics Inc · Q3 2025 earnings

Q3 2025 earnings · · Before market open · Investor relations

Briefing

Photronics reported Q3 2025, revenue of $210.4M, net income of $29.1M, diluted EPS of $0.40.

For Q3 2025, Photronics reported revenue of $210.4M, net income of $29.1M, diluted EPS was $0.40. The filing discusses segment trends, liquidity, and management outlook for upcoming periods.

  • Revenue $210.4M.
  • Net income $29.1M.
  • Diluted EPS $0.40.

Headline financials

Total Revenue

$210M

Previous: $211M-0.3%
EPS (adj)

$0.40

Previous: $0.55-27.3%
Gross Margin

33.7%

Previous: 35.6%-5.3%
Operating Margin

22.9%

Previous: 24.7%-7.3%
Capital Expenditures

-$121M

Previous: -$87.7M-37.4%
Free Cash Flow

-$97.7M

Previous: -$53.3M-83.1%
Net Income

$22.9M

Previous: $34.4M-33.4%
Operating Income

$48.2M

Previous: $52.1M-7.6%
Gross Profit

$70.9M

Previous: $75.1M-5.7%
Cash & Equivalents

$480M

Previous: $537M-10.8%
Total Assets

$1.75B

Previous: $1.65B+6.5%

Revenue & EPS history

Photronics · Revenue · Quarterly

$210M

Q3 2025-0.3%vs Q3 2024
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Photronics · $210M total across 2 segments · Q2 2026

  • IC
    $148M
  • FPD
    $62.4M

Forward guidance

The filing discusses Photronics's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • Photronics cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+1.6%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+1.8%

Avg return

30 days after

61%

41 / 67 earnings

Positive

+45.4%

Q4 2025

Best reaction

-36.4%

Q2 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-36.4%-38.0%
Q1 2026+11.6%+1.2%+31.7%
Q4 2025+45.4%+43.1%+29.7%
Q3 2025+7.6%+1.8%+4.3%
Q2 2025-15.5%-14.7%-6.6%
Q1 2025+2.0%-3.9%-0.5%
Q4 2024+3.8%+4.7%-7.1%
Q3 2024+7.4%-1.1%+3.0%
Q2 2024-8.9%-6.7%-11.7%
Q1 2024-14.3%-9.2%-7.8%
Q4 2023+34.5%+34.6%+34.0%
Q3 2023-12.3%-14.6%-12.0%
Q2 2023+17.7%+23.4%+33.9%
Q1 2023-9.0%-1.8%-8.3%
Q4 2022-6.8%-6.8%-1.1%
Q3 2022-22.8%-29.4%-31.4%
Q2 2022+33.4%+40.8%+35.2%
Q1 2022+2.4%-0.8%-1.1%
Q4 2021+23.8%+15.5%+30.5%
Q3 2021+4.3%+7.7%+3.6%
Q2 2021+3.1%+2.9%+2.5%
Q1 2021-6.6%-6.0%-2.6%
Q4 2020-15.9%-15.7%-13.2%
Q3 2020-5.9%-9.0%-11.3%
Q2 2020-12.9%-11.6%-19.1%
Q1 2020+2.9%-3.5%-23.3%
Q4 2019+29.5%+24.1%+20.4%
Q3 2019+4.4%+1.1%+17.2%
Q2 2019-1.3%-2.5%-3.2%
Q1 2019-8.1%-12.3%-20.1%
Q4 2018+4.6%+3.1%+9.4%
Q3 2018+15.1%+20.1%+10.6%
Q2 2018+7.7%+9.5%+0.0%
Q1 2018+3.8%-0.6%+16.7%
Q4 2017+3.2%-1.6%-8.8%
Q3 2017-17.4%-20.5%-16.3%
Q2 2017-9.5%-12.1%-13.9%
Q1 2017-0.9%-0.4%-1.8%
Q4 2016+7.7%+17.9%+13.8%
Q3 2016-10.7%-8.2%-3.7%
Q2 2016-8.4%
Q1 2016+3.4%
Q4 2015+5.1%
Q3 2015+7.6%
Q2 2015+3.4%
Q1 2015+0.8%
Q4 2014-0.3%
Q3 2014+1.3%
Q2 2014-1.0%
Q1 2014-5.6%
Q4 2013+8.4%
Q3 2013+3.7%
Q2 2013-3.3%
Q1 2013+1.6%
Q4 2012+8.3%
Q3 2012+6.9%
Q2 2012-2.1%
Q1 2011+4.5%
Q1 2012-2.3%
Q4 2011+1.2%
Q2 2011+1.2%
Q4 2009+1.2%
Q3 2011+2.0%
Q3 2010+2.0%
Q4 2010+2.0%
Q2 2010+5.9%
Q1 2010-3.1%

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