PHOTRONICS INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $483.5m $450.7m $535.3m $550.7m $609.7m $663.8m $824.5m $892.1m $866.9m $849.3m
Cost of Revenue $364.8m $359.4m $403.8m $429.8m $475.0m $496.7m $530.3m $555.9m $551.0m $549.5m
Gross Profit $118.7m $91.3m $131.5m $120.8m $134.7m $167.0m $294.2m $336.2m $315.9m $299.8m
Operating Expenses $59.4m $65.9m $68.7m $70.7m $76.0m $82.3m $83.1m $94.3m $91.4m
Operating Income (Loss) $52.5m $31.9m $65.6m $52.1m $63.9m $94.6m $211.9m $253.1m $221.5m $208.2m
Additional Financial Items
Amortization of Intangible Assets $4.8m $4.9m $4.8m $4.6m $4.6m $2.9m $359k $362k $372k $347k
Foreign Currency Transaction Gain (Loss), before Tax ($300k) ($5.2m) $400k ($1.3m) ($501k) $8.0m $27.3m $2.5m $2.2m ($8.3m)
Income (Loss) from Continuing Operations before Income Taxes, Domestic $6.3m ($11.5m) ($9.9m) ($8.4m) ($10.7m) ($19.4m) $1.8m ($1.7m) $20.1m $10.2m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $60.5m $26.6m $68.6m $50.7m $61.6m $102.0m $239.0m $269.9m $247.4m $221.8m
Net Income (Loss) Attributable to Parent $46.2m $13.1m $42.1m $29.8m $33.8m $55.4m $118.8m $125.5m $130.7m $136.4m
Net Income (Loss) Attributable to Noncontrolling Interest $9.5m $8.2m $19.2m $10.7m $6.5m $23.4m $60.5m $74.1m $53.2m $53.8m
Earnings Per Share, Basic $0.68 $0.19 $0.61 $0.45 $0.52 $0.90 $1.96 $2.05 $2.12 $2.29
Earnings Per Share, Diluted $0.64 $0.19 $0.59 $0.44 $0.52 $0.89 $1.94 $2.03 $2.09 $2.28
Weighted Average Number of Shares Outstanding, Basic 67.5m 68.4m 68.8m 66.3m 64.9m 61.4m 60.6m 61.1m 61.7m 59.6m
Weighted Average Number of Shares Outstanding, Diluted 76.4m 69.3m 74.8m 69.2m 65.5m 62.0m 61.2m 61.8m 62.4m 59.9m
Research and Development Expense $21.7m $15.9m $14.5m $16.4m $17.1m $18.5m $18.3m $13.7m $16.6m $15.8m
Selling, General and Administrative Expense $44.6m $43.6m $51.4m $52.3m $53.6m $57.5m $64.0m $69.5m $77.8m $75.6m
Other Nonoperating Income (Expense) $2.4m ($3.1m) $5.2m $5k $541k $1.2m $1.7m $14.9m $24.1m $22.0m
Cost, Depreciation and Amortization $80.0m $80.5m $82.4m $77.3m
Current Income Tax Expense (Benefit) $25.3m $59.0m $71.2m $65.0m $48.7m
Income Tax Expense (Benefit) $4.8m $5.3m $7.3m $10.2m $21.3m $23.2m $59.8m $70.3m $63.6m $31.6m