Photronics Q2 FY2026 revenue $209.9M (-0.5% YoY); GAAP EPS $0.54 vs $0.15; Q3 guidance $207-215M

PHOTRONICS INC

GAAP net income $31.4M ($0.54 diluted EPS) vs $8.9M ($0.15) YoY; non-GAAP EPS $0.42 vs $0.40.
IC revenue $147.5M (-5% YoY, -11% sequential); FPD revenue $62.4M (+13% YoY, +4% sequential).
Q3 FY2026 guidance: revenue $207-215M, operating margin 18-20%, non-GAAP EPS $0.39-0.45.
Cash & short-term investments $637.7M; operating cash flow $47.0M; capex $45.8M.
CEO cites delayed design releases due to high fab utilization and geopolitical uncertainty as near-term headwinds.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PHOTRONICS INC reported third quarter of fiscal 2026 results: revenue between $207 million and $215 million, EPS between $0.39 and $0.45 per share.

Period: third quarter of fiscal 2026
Revenue: between $207 million and $215 million
EPS: between $0.39 and $0.45 per share
Result: guidance update

Exact text from the filing

Third Quarter Fiscal 2026 Guidance For the third quarter of fiscal 2026, Photronics expects: • Revenue to be between $207 million and $215 million, • Operating margin to be between 18% and 20%, and • Non-GAAP diluted EPS attributable to Photronics, Inc. shareholders to be between $0.39 and $0.45 per share.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PHOTRONICS INC reported second quarter fiscal 2026 ended May 3, 2026 results: revenue $209.9 million, net income $31.4 million, EPS $0.54 per diluted share.

Period: second quarter fiscal 2026 ended May 3, 2026
Revenue: $209.9 million
Net income: $31.4 million
EPS: $0.54 per diluted share
Result: reported results

Exact text from the filing

• Revenue was $209.9 million, down 0.5% year-over-year and down 6.7% sequentially. • GAAP Net income attributable to Photronics, Inc. shareholders was $31.4 million, or $0.54 per diluted share

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Source: SEC EDGAR

accession 0001140361-26-023057

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