← PHOTRONICS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $483.5m |
$450.7m
-6.78%
|
$535.3m
+18.77%
|
$550.7m
+2.87%
|
$609.7m
+10.72%
|
$663.8m
+8.87%
|
$824.5m
+24.22%
|
$892.1m
+8.19%
|
$866.9m
-2.82%
|
$849.3m
-2.04%
|
$861.2m
+1.40%
|
|
| Cost of Revenue | $364.8m |
$359.4m
-1.48%
|
$403.8m
+12.36%
|
$429.8m
+6.45%
|
$475.0m
+10.52%
|
$496.7m
+4.56%
|
$530.3m
+6.77%
|
$555.9m
+4.82%
|
$551.0m
-0.88%
|
$549.5m
-0.28%
|
$570.3m
+3.80%
|
|
| Gross Profit | $118.7m |
$91.3m
-23.07%
|
$131.5m
+44.01%
|
$120.8m
-8.11%
|
$134.7m
+11.43%
|
$167.0m
+24.05%
|
$294.2m
+76.13%
|
$336.2m
+14.26%
|
$315.9m
-6.01%
|
$299.8m
-5.10%
|
$290.8m
-3.00%
|
|
| Research and Development Expense | $21.7m | $15.9m | $14.5m | $16.4m | $17.1m | $18.5m | $18.3m | $13.7m | $16.6m | $15.8m | $12.9m | |
| 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 | $80.5m | |
| Amortization of Intangible Assets | $4.8m | $4.9m | $4.8m | $4.6m | $4.6m | $2.9m | $359k | $362k | $372k | $347k | — | |
| Operating Expenses | — | $59.4m | $65.9m | $68.7m | $70.7m | $76.0m | $82.3m | $83.1m | $94.3m | $91.4m | $93.5m | |
| Operating Income (Loss) | $52.5m |
$31.9m
-39.27%
|
$65.6m
+105.93%
|
$52.1m
-20.58%
|
$63.9m
+22.65%
|
$94.6m
+47.91%
|
$211.9m
+124.07%
|
$253.1m
+19.44%
|
$221.5m
-12.46%
|
$208.2m
-6.03%
|
$197.3m
-5.22%
|
|
| Foreign Currency Transaction Gain (Loss), before Tax | ($300k) | ($5.2m) | $400k | ($1.3m) | ($501k) | $8.0m | $27.3m | $2.5m | $2.2m | ($8.3m) | — | |
| Other Nonoperating Income (Expense) | $2.4m | ($3.1m) | $5.2m | $5k | $541k | $1.2m | $1.7m | $14.9m | $24.1m | $22.0m | — | |
| 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 | $243.1m | |
| 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 | $243.1m | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | $25.3m | $59.0m | $71.2m | $65.0m | $48.7m | $31.9m | |
| Income Tax Expense (Benefit) | $4.8m | $5.3m | $7.3m | $10.2m | $21.3m | $23.2m | $59.8m | $70.3m | $63.6m | $31.6m | $31.9m | |
| Net Income (Loss) Attributable to Parent | $46.2m |
$13.1m
-71.58%
|
$42.1m
+220.30%
|
$29.8m
-29.16%
|
$33.8m
+13.52%
|
$55.4m
+63.95%
|
$118.8m
+114.23%
|
$125.5m
+5.64%
|
$130.7m
+4.15%
|
$136.4m
+4.37%
|
$159.1m
+16.61%
|
|
| 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 | $159.1m | |
| Earnings Per Share, Basic | $0.68 | $0.19 | $0.61 | $0.45 | $0.52 | $0.90 | $1.96 | $2.05 | $2.12 | $2.29 | $2.73 | |
| Earnings Per Share, Diluted | $0.64 | $0.19 | $0.59 | $0.44 | $0.52 | $0.89 | $1.94 | $2.03 | $2.09 | $2.28 | $2.71 | |
| 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 | 57.9m | |
| 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 | 58.3m | |
| Additional Financial Items | ||||||||||||
| Cost, Depreciation and Amortization | — | — | — | — | — | — | $80.0m | $80.5m | $82.4m | $77.3m | — |