Photronics reports FY2025 revenue $849.3M (-2% YoY); GAAP EPS $2.28 vs $2.05

PHOTRONICS INC

2025-FY EPS reported $2.28 revenue$849,294,000

Full year revenue $849.3M (-2% YoY); GAAP diluted EPS $2.28 vs $2.05; non-GAAP EPS $2.01 vs $2.05.
Q4 revenue $215.8M (-3.1% YoY, +2.6% seq); GAAP EPS $1.07 (incl $0.28 deferred tax); non-GAAP EPS $0.60 vs $0.59.
IC revenue $615.1M (-4% YoY); FPD revenue $234.2M (+2% YoY); record high-end revenue driven by US strength.
Q1 FY2026 guidance: revenue $217-225M, non-GAAP EPS $0.51-$0.59 per diluted share.
Cash from operations $247.8M; capex $188.1M; cash & investments $588.2M ($422.3M at JVs).

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