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Photronics unveils $216 million third quarter revenue
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Photronics unveils $216 million third quarter revenue

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  • Photronics (NASDAQ:PLAB) reported third-quarter 2026 revenue of $216 million, reflecting a 2.7% increase year over year.
  • The company posted a non-GAAP net income of $29.4 million and recorded $76.3 million in operating cash flow.
  • Management stated that the company expects fourth-quarter revenue to range between $207 million and $227 million to support ongoing operations.

Photronics (NASDAQ:PLAB) reported a 2.7% year-over-year revenue increase to $216.0 million for the third quarter of 2026.

The company recorded a non-GAAP net income of $29.4 million alongside an operating margin of 21.1%.

Integrated circuit revenue reached $154.7 million, representing a 5% increase compared to the same period last year.

Flat panel display revenue declined to $61.4 million, while cash and short-term investments totaled $672.8 million.

Following the announcement of its forward-looking guidance, the Photronics share price was up at $34.46.

Management stated that fourth-quarter revenue is expected to range between $207 million and $227 million.

The company also forecast its non-GAAP diluted earnings per share to land between $0.40 and $0.56.

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