earnings
confidence high
sentiment positive
materiality 0.60
Photronics Q3 FY26 revenue $216M (+2.7% YoY); GAAP EPS $0.49 vs $0.39
PHOTRONICS INC
- Q3 FY26 revenue $216.6M, +2.7% YoY; GAAP net income $28.9M ($0.49 diluted EPS) vs $22.9M ($0.39) a year ago.
- Non-GAAP net income $29.4M ($0.50 diluted EPS), flat vs $29.4M ($0.51) in Q3 2025.
- IC revenue $154.7M (+5% YoY); FPD revenue $61.4M (-2% YoY); high-end IC hit record 44% of IC revenue.
- Q4 FY26 guidance: revenue $207M-$223M; operating margin 19%-24%; non-GAAP diluted EPS $0.40-$0.56.
- Cash, equivalents and short-term investments $672.8M ($503.5M in 50.01%-owned JVs); operating cash flow $76.3M; capex $37.0M.