
Photronics Inc
NASDAQ:PLAB

Income Statement
Earnings Waterfall
Photronics Inc
Revenue
|
862.8m
USD
|
Cost of Revenue
|
-550.5m
USD
|
Gross Profit
|
312.2m
USD
|
Operating Expenses
|
-96m
USD
|
Operating Income
|
216.2m
USD
|
Other Expenses
|
-68.8m
USD
|
Net Income
|
147.4m
USD
|
Income Statement
Photronics Inc
Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Jan-2016 | May-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Feb-2020 | May-2020 | Aug-2020 | Oct-2020 | Jan-2021 | May-2021 | Aug-2021 | Oct-2021 | Jan-2022 | May-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | Apr-2024 | Jul-2024 | Oct-2024 | Feb-2025 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
478
N/A
|
500
+5%
|
507
+1%
|
524
+3%
|
531
+1%
|
526
-1%
|
518
-2%
|
484
-7%
|
463
-4%
|
449
-3%
|
437
-3%
|
451
+3%
|
464
+3%
|
487
+5%
|
512
+5%
|
535
+5%
|
537
+0%
|
537
+0%
|
539
+0%
|
551
+2%
|
586
+6%
|
597
+2%
|
617
+3%
|
610
-1%
|
602
-1%
|
619
+3%
|
632
+2%
|
664
+5%
|
702
+6%
|
746
+6%
|
796
+7%
|
825
+4%
|
846
+3%
|
871
+3%
|
875
+0%
|
892
+2%
|
897
+1%
|
885
-1%
|
872
-1%
|
867
-1%
|
863
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(372)
|
(383)
|
(382)
|
(381)
|
(380)
|
(378)
|
(375)
|
(365)
|
(357)
|
(354)
|
(352)
|
(359)
|
(368)
|
(378)
|
(389)
|
(404)
|
(407)
|
(414)
|
(421)
|
(430)
|
(456)
|
(463)
|
(476)
|
(475)
|
(471)
|
(480)
|
(485)
|
(497)
|
(505)
|
(519)
|
(530)
|
(530)
|
(535)
|
(542)
|
(543)
|
(556)
|
(558)
|
(555)
|
(553)
|
(551)
|
(551)
|
|
Gross Profit |
106
N/A
|
117
+10%
|
125
+7%
|
143
+14%
|
150
+5%
|
149
-1%
|
143
-4%
|
119
-17%
|
106
-10%
|
95
-10%
|
85
-10%
|
91
+7%
|
96
+5%
|
109
+13%
|
123
+13%
|
132
+7%
|
130
-1%
|
123
-5%
|
118
-4%
|
121
+2%
|
129
+7%
|
134
+3%
|
141
+5%
|
135
-4%
|
131
-3%
|
139
+7%
|
147
+5%
|
167
+14%
|
196
+18%
|
227
+16%
|
266
+17%
|
294
+11%
|
311
+6%
|
329
+6%
|
332
+1%
|
336
+1%
|
339
+1%
|
330
-3%
|
319
-4%
|
316
-1%
|
312
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(55)
|
(70)
|
(71)
|
(71)
|
(72)
|
(70)
|
(68)
|
(66)
|
(63)
|
(61)
|
(61)
|
(59)
|
(61)
|
(64)
|
(62)
|
(66)
|
(68)
|
(68)
|
(70)
|
(69)
|
(69)
|
(70)
|
(71)
|
(71)
|
(71)
|
(72)
|
(71)
|
(73)
|
(76)
|
(78)
|
(81)
|
(82)
|
(81)
|
(81)
|
(83)
|
(83)
|
(85)
|
(87)
|
(88)
|
(94)
|
(96)
|
|
Selling, General & Administrative |
(49)
|
(48)
|
(48)
|
(49)
|
(49)
|
(48)
|
(47)
|
(45)
|
(43)
|
(43)
|
(44)
|
(44)
|
(45)
|
(47)
|
(48)
|
(51)
|
(53)
|
(53)
|
(54)
|
(52)
|
(53)
|
(53)
|
(53)
|
(54)
|
(54)
|
(54)
|
(56)
|
(58)
|
(59)
|
(62)
|
(63)
|
(64)
|
(65)
|
(66)
|
(68)
|
(69)
|
(71)
|
(72)
|
(73)
|
(78)
|
(79)
|
|
Research & Development |
(22)
|
(22)
|
(23)
|
(22)
|
(23)
|
(23)
|
(22)
|
(22)
|
(19)
|
(18)
|
(17)
|
(16)
|
(16)
|
(17)
|
(14)
|
(15)
|
(15)
|
(14)
|
(16)
|
(16)
|
(16)
|
(17)
|
(18)
|
(17)
|
(18)
|
(18)
|
(19)
|
(19)
|
(20)
|
(20)
|
(18)
|
(18)
|
(16)
|
(15)
|
(14)
|
(14)
|
(14)
|
(15)
|
(15)
|
(17)
|
(17)
|
|
Other Operating Expenses |
16
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
4
|
4
|
3
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
|
Operating Income |
51
N/A
|
47
-8%
|
54
+16%
|
72
+33%
|
78
+8%
|
78
0%
|
74
-5%
|
53
-29%
|
44
-17%
|
34
-21%
|
25
-28%
|
32
+29%
|
35
+10%
|
45
+28%
|
60
+34%
|
66
+9%
|
62
-6%
|
56
-10%
|
49
-13%
|
52
+7%
|
60
+16%
|
64
+6%
|
70
+10%
|
64
-9%
|
59
-7%
|
68
+14%
|
76
+13%
|
95
+24%
|
121
+28%
|
150
+24%
|
185
+24%
|
212
+15%
|
230
+8%
|
247
+8%
|
249
+1%
|
253
+2%
|
255
+1%
|
244
-4%
|
230
-5%
|
222
-4%
|
216
-2%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(4)
|
(5)
|
(3)
|
(2)
|
(0)
|
(2)
|
(1)
|
(1)
|
(4)
|
(5)
|
(6)
|
(5)
|
(7)
|
(0)
|
1
|
3
|
8
|
9
|
7
|
(1)
|
1
|
(4)
|
(6)
|
(2)
|
(5)
|
(5)
|
1
|
8
|
11
|
20
|
20
|
27
|
8
|
14
|
9
|
17
|
28
|
35
|
46
|
26
|
0
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
9
|
9
|
9
|
9
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
55
|
|
Pre-Tax Income |
47
N/A
|
42
-10%
|
51
+21%
|
70
+37%
|
87
+24%
|
85
-2%
|
83
-3%
|
61
-27%
|
40
-34%
|
30
-25%
|
19
-37%
|
27
+41%
|
28
+4%
|
45
+61%
|
61
+38%
|
69
+12%
|
70
+2%
|
65
-8%
|
56
-14%
|
51
-9%
|
62
+21%
|
60
-2%
|
65
+8%
|
62
-5%
|
54
-12%
|
62
+15%
|
77
+23%
|
102
+33%
|
132
+30%
|
170
+28%
|
205
+21%
|
239
+17%
|
238
-1%
|
261
+10%
|
258
-1%
|
270
+5%
|
282
+5%
|
278
-1%
|
276
-1%
|
247
-10%
|
271
+9%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(10)
|
(9)
|
(10)
|
(13)
|
(14)
|
(10)
|
(12)
|
(5)
|
(3)
|
(6)
|
(2)
|
(5)
|
(1)
|
(5)
|
(6)
|
(11)
|
(14)
|
(14)
|
(15)
|
(10)
|
(18)
|
(18)
|
(20)
|
(21)
|
(15)
|
(15)
|
(18)
|
(23)
|
(31)
|
(42)
|
(52)
|
(60)
|
(61)
|
(68)
|
(66)
|
(70)
|
(72)
|
(71)
|
(69)
|
(64)
|
(68)
|
|
Income from Continuing Operations |
37
|
33
|
41
|
57
|
73
|
75
|
71
|
56
|
37
|
24
|
17
|
21
|
26
|
40
|
55
|
58
|
56
|
51
|
41
|
41
|
44
|
42
|
45
|
40
|
39
|
47
|
59
|
79
|
101
|
128
|
153
|
179
|
177
|
193
|
192
|
200
|
210
|
207
|
207
|
184
|
203
|
|
Income to Minority Interest |
(9)
|
(11)
|
(11)
|
(12)
|
(11)
|
(12)
|
(12)
|
(10)
|
(10)
|
(7)
|
(4)
|
(8)
|
(9)
|
(14)
|
(20)
|
(19)
|
(18)
|
(15)
|
(12)
|
(11)
|
(9)
|
(9)
|
(8)
|
(7)
|
(7)
|
(12)
|
(17)
|
(23)
|
(31)
|
(40)
|
(51)
|
(61)
|
(67)
|
(71)
|
(74)
|
(74)
|
(72)
|
(73)
|
(65)
|
(53)
|
(56)
|
|
Net Income (Common) |
28
N/A
|
22
-19%
|
30
+35%
|
45
+47%
|
62
+39%
|
64
+3%
|
60
-6%
|
46
-22%
|
27
-41%
|
17
-37%
|
13
-24%
|
13
+1%
|
17
+31%
|
26
+52%
|
35
+35%
|
42
+20%
|
42
-1%
|
39
-5%
|
33
-17%
|
30
-9%
|
35
+17%
|
33
-6%
|
37
+14%
|
34
-9%
|
32
-7%
|
36
+13%
|
42
+18%
|
55
+32%
|
71
+27%
|
87
+24%
|
102
+16%
|
119
+17%
|
110
-8%
|
122
+11%
|
118
-3%
|
125
+6%
|
138
+10%
|
134
-3%
|
141
+6%
|
131
-8%
|
147
+13%
|
|
EPS (Diluted) |
0.42
N/A
|
0.28
-33%
|
0.38
+36%
|
0.56
+47%
|
0.78
+39%
|
0.82
+5%
|
0.81
-1%
|
0.6
-26%
|
0.39
-35%
|
0.26
-33%
|
0.2
-23%
|
0.19
-5%
|
0.26
+37%
|
0.34
+31%
|
0.48
+41%
|
0.56
+17%
|
0.61
+9%
|
0.55
-10%
|
0.48
-13%
|
0.43
-10%
|
0.53
+23%
|
0.51
-4%
|
0.58
+14%
|
0.52
-10%
|
0.5
-4%
|
0.57
+14%
|
0.68
+19%
|
0.89
+31%
|
1.16
+30%
|
1.44
+24%
|
1.67
+16%
|
1.94
+16%
|
1.79
-8%
|
1.99
+11%
|
1.92
-4%
|
2.03
+6%
|
2.23
+10%
|
2.16
-3%
|
2.27
+5%
|
2.09
-8%
|
2.36
+13%
|