The story
Photronics was founded in 1969 by Constantine Macricostas in Danbury, Connecticut.
From Wikipedia’s article on Photronics, shared under CC BY-SA 4.0.8
PLAB on Nasdaq
Photronics Inc
Logo: Photronics Inc, Public domain, via Wikimedia Commons5
American photomask manufacturer
Photronics, Inc. is an American photomask manufacturer for integrated circuits and flat-panel displays. It was the third largest photomask supplier globally as of 2009. It is a member of the eBeam Initiative.3 Its shares trade on Nasdaq under the symbol PLAB.1 Wikipedia text CC BY-SA 4.0
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Last updated Oct 21, 2026.
Overview
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- TickerPLAB on Nasdaq1
- IndustrySemiconductors & Related Devices1
- HeadquartersBrookfield1
- Websitewww.photronics.com
- Incorporated inCT7
- Business address15 Secor Road, Po Box 5226, Brookfield, Ct 068047
- Filer categoryLarge accelerated filer7
- Legal formStock Corporation4
- LEI549300OK5JVNIBNY6F634
- StatusActive4
- LEI statusLapsed (not renewed)4
- Registered addressC/O C T Corporation System, 06040 Manchester, United States4
- Registered withSecretary of the State's Commercial Recording Division, 00365974
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Photronics, Inc. is an American photomask manufacturer for integrated circuits and flat-panel displays. It was the third largest photomask supplier globally as of 2009. It is a member of the eBeam Initiative.3
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
35.3%Gross margin6
24.5%Operating margin6
16.1%Net margin6
-2.0%Revenue growth, 20256
11.6%Return on equity6
$59.7MFree cash flow6
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Mainstream Integrated Circuits brought in 44% of the revenue Photronics Inc broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Mainstream Integrated Circuits | $456.3M | $409.7M | $376.2M |
| High End Integrated Circuits | $194.9M | $228.5M | $238.9M |
| High End Flat Panel Displays | $200.8M | $195.4M | $195.5M |
| Mainstream Flat Panel Displays | $40.0M | $33.4M | $38.7M |
Regions
Taiwan brought in 33% of the revenue Photronics Inc broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| Taiwan | $316.9M | $288.3M | $283.8M |
| China | $245.4M | $232.9M | $221.0M |
| South Korea | $162.2M | $158.0M | $158.5M |
| United States | $128.9M | $146.7M | $148.9M |
| Europe | $36.6M | $39.2M | $34.1M |
| Other | $2.1M | $1.8M | $2.9M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue65¢$549.5M
- Research and development2¢$15.8M
- Selling, general and admin9¢$75.6M
- Other costs5¢$40.4M
- Income tax4¢$31.6M
- Profit16¢$136.4M
Out of $849.3M in revenue.6
Where each dollar of operating cash went, fiscal 2025
- Capital spending66¢$188.1M
- Share buybacks34¢$97.4M
Out of $247.8M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.6
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-10-31 | 2024-10-31 | 2023-10-31 |
|---|---|---|---|
| Revenue | $849.3M | $866.9M | $892.1M |
| Cost of goods sold | $549.5M | $551.0M | $555.9M |
| Gross profit | $299.8M | $315.9M | $336.2M |
| Selling, general and administrative | $75.6M | $77.8M | $69.5M |
| Research and development | $15.8M | $16.6M | $13.7M |
| Total operating expenses | $91.4M | $94.3M | $83.1M |
| Other operating expense | -$240.0K | -$92.0K | $0 |
| Operating income | $208.2M | $221.5M | $253.1M |
| Foreign currency transactions impacts, net | -$8.3M | $2.2M | $2.5M |
| Interest income and other income, net | $22.0M | $24.1M | $14.9M |
| Interest expense | -$55.0K | -$334.0K | -$433.0K |
| Income before income tax provision | $221.8M | $247.4M | $269.9M |
| Income tax provision | $31.6M | $63.6M | $70.3M |
| Net income | $190.2M | $183.8M | $199.6M |
| Net income attributable to noncontrolling interests | $53.8M | $53.2M | $74.1M |
| Net income attributable to Photronics, Inc. shareholders | $136.4M | $130.7M | $125.5M |
| Basic (in Dollars per share) | $2.29 | $2.12 | $2.05 |
| Diluted (in Dollars per share) | $2.28 | $2.09 | $2.03 |
| Basic (in Shares) | 59.6M shares | 61.7M shares | 61.1M shares |
| Diluted (in Shares) | 59.9M shares | 62.4M shares | 61.8M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.6
| Period ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $492.3M | $598.5M | $499.3M | |
| Short-term investments | $95.9M | $42.2M | ||
| Accounts receivable, net of allowance of $1,166 in 2025 and $1,126 in 2024 | $195.9M | $200.8M | ||
| Inventories | $61.8M | $56.5M | ||
| Other current assets | $44.2M | $33.0M | ||
| Total current assets | $890.1M | $931.1M | ||
| Property, plant and equipment, net | $854.4M | $745.3M | ||
| Deferred income taxes | $40.2M | $23.1M | ||
| Other assets | $19.8M | $12.7M | ||
| Total assets | $1.8B | $1.7B | ||
| Current portion of long-term debt | $11.0K | $18.0M | ||
| Accounts payable | $84.2M | $78.7M | ||
| Accrued liabilities | $81.7M | $87.1M | ||
| Total current liabilities | $165.9M | $183.8M | ||
| Long-term debt | $13.0K | $25.0K | ||
| Other liabilities | $41.3M | $47.5M | ||
| Total liabilities | $207.2M | $231.3M | ||
| Preferred stock, $0.01 par value, 2,000 shares authorized, none issued and outstanding | $0 | $0 | ||
| Common stock, $0.01 par value, 150,000 shares authorized, 57,633 shares issued and outstanding at October 31, 2025, and 61,949 shares issued and outstanding at October 31, 2024 | $576.0K | $619.0K | ||
| Additional paid-in capital | $486.9M | $514.8M | ||
| Retained earnings | $772.2M | $691.8M | ||
| Accumulated other comprehensive loss | -$86.1M | -$86.3M | ||
| Total Photronics, Inc. shareholders' equity | $1.2B | $1.1B | ||
| Noncontrolling interests | $423.7M | $359.9M | ||
| Total equity | $1.6B | $1.5B | $1.3B | $1.1B |
| Total liabilities and equity | $1.8B | $1.7B | ||
| Accounts receivable, allowance | $1.2M | $1.1M | ||
| Preferred stock, par value (in Dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in Shares) | 2.0M shares | 2.0M shares | ||
| Preferred stock, shares issued (in Shares) | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding (in Shares) | 0 shares | 0 shares | ||
| Common stock, par value (in Dollars per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in Shares) | 150.0M shares | 150.0M shares | ||
| Common stock, shares issued (in Shares) | 57.6M shares | 61.9M shares | ||
| Common stock, shares outstanding (in Shares) | 57.6M shares | 61.9M shares |
| Period ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $492.3M | $598.5M | $499.3M | |
| Short-term investments | $95.9M | $42.2M | ||
| Accounts receivable, net of allowance of $1,166 in 2025 and $1,126 in 2024 | $195.9M | $200.8M | ||
| Inventories | $61.8M | $56.5M | ||
| Other current assets | $44.2M | $33.0M | ||
| Total current assets | $890.1M | $931.1M | ||
| Property, plant and equipment, net | $854.4M | $745.3M | ||
| Deferred income taxes | $40.2M | $23.1M | ||
| Other assets | $19.8M | $12.7M | ||
| Total assets | $1.8B | $1.7B | ||
| Current portion of long-term debt | $11.0K | $18.0M | ||
| Accounts payable | $84.2M | $78.7M | ||
| Accrued liabilities | $81.7M | $87.1M | ||
| Total current liabilities | $165.9M | $183.8M | ||
| Long-term debt | $13.0K | $25.0K | ||
| Other liabilities | $41.3M | $47.5M | ||
| Total liabilities | $207.2M | $231.3M | ||
| Preferred stock, $0.01 par value, 2,000 shares authorized, none issued and outstanding | $0 | $0 | ||
| Common stock, $0.01 par value, 150,000 shares authorized, 57,633 shares issued and outstanding at October 31, 2025, and 61,949 shares issued and outstanding at October 31, 2024 | $576.0K | $619.0K | ||
| Additional paid-in capital | $486.9M | $514.8M | ||
| Retained earnings | $772.2M | $691.8M | ||
| Accumulated other comprehensive loss | -$86.1M | -$86.3M | ||
| Total Photronics, Inc. shareholders' equity | $1.2B | $1.1B | ||
| Noncontrolling interests | $423.7M | $359.9M | ||
| Total equity | $1.6B | $1.5B | $1.3B | $1.1B |
| Total liabilities and equity | $1.8B | $1.7B | ||
| Accounts receivable, allowance | $1.2M | $1.1M | ||
| Preferred stock, par value (in Dollars per share) | $0.01 | $0.01 | ||
| Preferred stock, shares authorized (in Shares) | 2.0M shares | 2.0M shares | ||
| Preferred stock, shares issued (in Shares) | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding (in Shares) | 0 shares | 0 shares | ||
| Common stock, par value (in Dollars per share) | $0.01 | $0.01 | ||
| Common stock, shares authorized (in Shares) | 150.0M shares | 150.0M shares | ||
| Common stock, shares issued (in Shares) | 57.6M shares | 61.9M shares | ||
| Common stock, shares outstanding (in Shares) | 57.6M shares | 61.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.6
| Period ending | 2025-10-31 | 2024-10-31 | 2023-10-31 |
|---|---|---|---|
| Net income | $190.2M | $183.8M | $199.6M |
| Depreciation and amortization of property, plant and equipment | $77.3M | $82.4M | $80.5M |
| Amortization of intangible assets | $347.0K | $372.0K | $362.0K |
| Share-based compensation | $13.4M | $13.9M | $8.0M |
| Deferred income taxes | -$17.2M | -$1.4M | -$927.0K |
| Accounts receivable | $6.3M | -$2.5M | $4.0M |
| Inventories | -$4.9M | -$6.2M | $1.2M |
| Other current assets | -$4.7M | $628.0K | $9.7M |
| Accounts payable, accrued liabilities and other | -$12.9M | -$9.6M | -$294.0K |
| Net cash provided by operating activities | $247.8M | $261.4M | $302.2M |
| Purchases of property, plant and equipment | -$188.1M | -$130.9M | -$131.3M |
| Purchases of short-term investments | -$129.6M | -$100.6M | -$20.2M |
| Proceeds from maturities of short-term investments | $76.8M | $72.8M | $47.5M |
| Government incentives | $2.2M | $2.2M | $2.5M |
| Purchases of intangible assets | -$94.0K | -$89.0K | -$117.0K |
| Other | $0 | $59.0K | $0 |
| Net cash used in investing activities | -$238.9M | -$156.5M | -$101.5M |
| Repayments of debt | -$18.0M | -$6.6M | -$18.4M |
| Common stock repurchases | -$97.4M | $0 | $0 |
| Proceeds from share-based arrangements | $2.2M | $1.9M | $1.2M |
| Net settlements of restricted stock awards | -$2.1M | -$3.0M | -$1.3M |
| Net cash used in financing activities | -$115.3M | -$7.7M | -$18.5M |
| Effects of exchange rate changes on cash, cash equivalents, and restricted cash | $228.0K | $2.1M | -$2.7M |
| Net change in cash, cash equivalents, and restricted cash | -$106.1M | $99.4M | $179.5M |
| Accruals for property, plant and equipment not yet paid | $12.2M | $5.2M | $18.6M |
| Expected refundable federal investment tax credit | $10.9M | $5.0M | $0 |
No quarter-by-quarter statement was filed.
Corporate structure
Photronics Inc sits at the top of its group. 5 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Photronics Inc
- AMERICAN CENTURY INVESTMENT MANAGEMENT INC Filed SCHEDULE 13G on Photronics Inc, latest Aug 14, 2026
- VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on Photronics Inc, latest Jul 31, 2026
- DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on Photronics Inc, latest Jul 14, 2026 (4 filings since Feb 8, 2022)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Photronics Inc, latest Mar 26, 2026 (6 filings since Feb 10, 2022)
- BlackRock Filed SCHEDULE 13G/A on Photronics Inc, latest Apr 29, 2025 (5 filings since Jan 25, 2022)
- Norbel Investments, S.L. Filed SC 13G/A on Photronics Inc, latest Jan 30, 2024 (2 filings since Mar 16, 2023)
- Photronics Inc Brookfield, Connecticut, United States
- PHOTRONICS ADVANCED MASK CORPORATION Subsidiary · Taipei, Taiwan
- PHOTRONICS DNP MASK CORPORATION Subsidiary · Hsinchu, Taiwan
- PK, LTD. Subsidiary · Cheong-An, Choong, South Korea
- PKLT CO. LTD Subsidiary · Taichung, Taiwan
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Photronics Inc reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $2.5B6 Oct 31, 2025 | $2.3B6 Oct 31, 2024 | +7.3% |
| Accumulated depreciation | $1.6B6 Oct 31, 2025 | $1.6B6 Oct 31, 2024 | +3.9% |
| Property and equipment, net | $854.4M6 Oct 31, 2025 | $745.3M6 Oct 31, 2024 | +14.6% |
| Finance-lease assets | $1.0K6 Oct 31, 2025 | $32.3M6 Oct 31, 2024 | −100.0% |
| Operating-lease assets (leased space) | $6.0M6 Oct 31, 2025 | $5.0M6 Oct 31, 2024 | +19.3% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $492.3M6 Oct 31, 2025 | $598.5M6 Oct 31, 2024 | −17.7% |
| Marketable securities, current | $95.9M6 Oct 31, 2025 | $42.2M6 Oct 31, 2024 | +127.4% |
| Debt securities available for sale | $95.9M6 Oct 31, 2025 | $42.2M6 Oct 31, 2024 | +127.4% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $61.8M6 Oct 31, 2025 | $56.5M6 Oct 31, 2024 | +9.3% |
| Raw materials | $60.1M6 Oct 31, 2025 | $56.1M6 Oct 31, 2024 | +7.2% |
| Work in process | $1.6M6 Oct 31, 2025 | $398.0K6 Oct 31, 2024 | +306.0% |
| Finished goods | $1.0K6 Oct 31, 2025 | $1.0K6 Oct 31, 2024 | 0% |
Properties, in its own words
The following table presents certain information about the Company’s photomask manufacturing facilities:
Location · Type of Interest
The rest of Item 2
Allen, Texas · Owned
Boise, Idaho · Owned
Brookfield, Connecticut · Owned
Bridgend, Wales · Leased
Cheonan, South Korea · Owned
Hefei, China · Owned · (1)
Dresden, Germany · Leased
Hsinchu, Taiwan · Owned · (1)
Hsinchu, Taiwan · Leased
Taichung, Taiwan · Owned · (1)
Xiamen, China · Owned · (1)
(1) · We own our manufacturing facilities in Hefei, Taichung, Xiamen, and one of our manufacturing facilities in Hsinchu. However, we lease the related land at these sites.
We believe our facilities, with planned expansions, are adequate to support our current and near-term requirements.
Item 2 of the 10-K filed Dec 17, 2025.18
Leadership
Who has led Photronics Inc, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
197019801990200020102020
- Chief executive officerGeorge Macricostas Jul 10, 2025 to now19
- Chief executive officerKang Jyh Lee May 20, 2022 to Jul 10, 202520
- Chief executive officerPeter S. Kirlin May 28, 2015 to Mar 2, 202221
- Chief executive officerConstantine S. Macricostas Dec 29, 2008 to Dec 23, 201422
- Chief executive officerMichael J. Luttati Jan 5, 2006 to Jan 23, 200823
- ChairGeorge Macricostas Jan 29, 2025 to Jan 29, 202524
- ChairConstantine S. Macricostas Aug 3, 2015 to Jan 5, 201725
- PresidentEric Rivera Feb 11, 2026 to now26
- PresidentKang Jyh Lee Aug 2, 2018 to Nov 30, 202227
- PresidentPeter S. Kirlin Dec 17, 2013 to Dec 23, 201428
- PresidentConstantine S. Macricostas Jul 17, 2009 to Aug 5, 201429
- PresidentSoo Hong Jeong Jun 23, 2006 to Dec 23, 201430
- Chief financial officerEric Rivera Jun 10, 2024 to now31
- Chief financial officerJohn P. Jordan Sep 7, 2017 to Feb 27, 202432
- Chief financial officerSean T. Smith Jun 5, 2006 to Nov 2, 201733
- Chief operating officerHan Kyung Park Jun 28, 2024 to Jun 28, 202434
- Chief operating officerHsueh-Chun Wang Oct 8, 2024 to now35
- Chief operating officerSoo Hong Jeong Jun 23, 2006 to Dec 23, 201430
Board members and other officers (22)
- VP, CAO & Corporate ControllerRui Zhang Jan 27, 2026 to now36
- SVP, CAOTodd Anthony Alesio Jan 27, 2026 to now37
- EVP, CAO, GC & SecretaryRichelle E. Burr May 22, 2024 to May 22, 202438
- SVP & GM of FPD OpsHan Kyung Park Jul 23, 2024 to now39
- Senior VP, U.S. & EuropePeter S. Kirlin Aug 25, 2008 to Dec 11, 201240
- Senior VP, Gen Counsel & SectyEdwin L. Lewis Jun 5, 2006 to Nov 8, 200741
- VP,Chief Technology OfficerChristopher J. Progler Jun 23, 2006 to now42
- Board memberMichelle Almeida Jan 14, 2026 to now43
- Board memberKang Jyh Lee Jun 20, 2025 to now44
- Board memberAdam M. Lewis May 20, 2022 to now45
- Board memberDaniel Jl Liao Sep 16, 2020 to now46
- Board memberMary Paladino Oct 8, 2019 to now47
- Board memberPeter S. Kirlin Jan 4, 2018 to Jan 7, 202048
- Board memberLiang Choo Hsia Jan 5, 2012 to Jan 7, 202049
- Board memberConstantine S. Macricostas Jan 5, 2006 to now50
- Board memberGeorge Macricostas Jan 5, 2006 to Jan 5, 202451
- Board memberJoseph A. Fiorita Jr. Jan 5, 2006 to Feb 20, 202052
- Board memberMichael J. Luttati Jan 5, 2006 to Jan 23, 200823
- Board memberMitchell G. Tyson Jan 5, 2006 to now53
- Board memberWalter M. Fiederowicz Jan 5, 2006 to Mar 26, 202554
- Board memberWillem D. Maris Jan 5, 2006 to Dec 13, 201055
- General counselRichelle E. Burr Apr 16, 2010 to Jan 5, 202456
Products and brands
- semiconductor
Listed on Wikidata.1
Timeline
- Aug 26, 20268-K Results of operations57
- May 28, 20268-K Results of operations58
- Apr 9, 20268-K Shareholder vote59
- Feb 25, 20268-K Results of operations60
- Jan 13, 20268-K Executive or director change61
- Jan 7, 20268-K Executive or director change62
- Jan 2, 20268-K Executive or director change63
- Dec 10, 20258-K Results of operations64
- Aug 27, 20258-K Results of operations65
- Jul 10, 2025New chief executive George Macricostas becomes CEO19
- Jul 2, 20258-K Executive or director change66
- May 28, 20258-K Results of operations; Executive or director change67
- May 2, 20258-K Executive or director change68
- May 20, 2022New chief executive Kang Jyh Lee becomes CEO20
- May 28, 2015New chief executive Peter S. Kirlin becomes CEO21
- Dec 29, 2008New chief executive Constantine S. Macricostas becomes CEO22
- Jan 5, 2006New chief executive Michael J. Luttati becomes CEO23
- 1969Founded Founded1
Calendar
Coming up
- Dec 9, 2026Reports results for the quarter ending Oct/2026 A year earlier it reported $0.60 a share, on Dec 10, 2025.69
When it reported results
- Aug 26, 2026Reported quarterly or annual results57
- May 28, 2026Reported quarterly or annual results58
- Feb 25, 2026Reported quarterly or annual results60
- Dec 10, 2025Reported quarterly or annual results64
- Aug 27, 2025Reported quarterly or annual results65
- May 28, 2025Reported quarterly or annual results67
- Feb 26, 2025Reported quarterly or annual results70
- Dec 11, 2024Reported quarterly or annual results71
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
418 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 44 major events, 218 insider forms, 19 large holders, 117 other. The latest 20:
- Oct 2, 20264 EDGAR
- Oct 2, 20264 EDGAR
- Oct 1, 20264 EDGAR
- Sep 29, 2026144 EDGAR
- Sep 29, 20264 EDGAR
- Sep 28, 20264 EDGAR
- Sep 25, 2026144 EDGAR
- Sep 24, 2026144 EDGAR
- Sep 24, 20264 EDGAR
- Sep 22, 2026144 EDGAR
- Sep 10, 202610-Q EDGAR
- Aug 26, 20268-K CURRENT REPORT FILING EDGAR
- Aug 14, 2026SCHEDULE 13G EDGAR
- Jul 31, 2026SCHEDULE 13G EDGAR
- Jul 14, 2026SCHEDULE 13G/A EDGAR
- Jun 11, 202610-Q EDGAR
- Jun 2, 2026SD EDGAR
- May 28, 20268-K EDGAR
- Apr 21, 20264 EDGAR
- Apr 21, 20264 EDGAR
The 418 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
118 open-market trades by officers, directors and large owners since October 2021: 1 buys and 117 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 25, 2026 | Park Han KyungSVP & GM of FPD Ops | Sale | 9,500 | $30.37 | $288.5K | Form 4 |
| Sep 24, 2026 | Lee Kang JyhDirector | Sale | 7,500 | $29.50 | $221.2K | Form 4 |
| Sep 22, 2026 | Lee Kang JyhDirector | Sale | 10,000 | $29.70 | $297.0K | Form 4 |
| Apr 17, 2026 | ZHANG RUIVP, CAO & Corporate Controller | Sale | 4,556 | $46.70 | $212.8K | Form 4 |
| Apr 16, 2026 | Lee Kang JyhDirector | Sale | 20,000 | $45.92 | $918.5K | Form 4 |
| Apr 15, 2026 | Lee Kang JyhDirector | Sale | 10,000 | $45.10 | $451.0K | Form 4 |
| Apr 14, 2026 | Wang Hsueh-ChunSVP/COO IC & US/EU Mnstrm Ops | Sale | 19,250 | $45.30 | $872.0K | Form 4 |
| Apr 14, 2026 | MACRICOSTAS CONSTANTINE SDirector | Sale | 50,000 | $45.35 | $2.3M | Form 4 |
| Apr 13, 2026 | Lee Kang JyhDirector | Sale | 5,000 | $45.00 | $225.0K | Form 4 |
| Apr 13, 2026 | Rivera EricPresident, CFO | Sale | 1,000 | $44.77 | $44.8K | Form 4 |
| Apr 9, 2026 | Wang Hsueh-ChunSVP/COO IC & US/EU Mnstrm Ops | Sale | 11,875 | $44.25 | $525.5K | Form 4 |
| Apr 9, 2026 | Rivera EricPresident, CFO | Sale | 41,517 | $44.00 | $1.8M | Form 4 |
| Apr 9, 2026 | Lee Kang JyhDirector | Sale | 5,000 | $44.00 | $220.0K | Form 4 |
| Apr 8, 2026 | MACRICOSTAS GEORGECEO | Sale | 121,194 | $42.94 | $5.2M | Form 4 |
| Apr 8, 2026 | ZHANG RUIVP, CAO & Corporate Controller | Sale | 1,752 | $43.50 | $76.2K | Form 4 |
| Apr 8, 2026 | Wang Hsueh-ChunSVP/COO IC & US/EU Mnstrm Ops | Sale | 10,000 | $42.69 | $426.9K | Form 4 |
| Apr 8, 2026 | Lee Kang JyhDirector | Sale | 5,000 | $43.27 | $216.3K | Form 4 |
| Apr 6, 2026 | Lee Kang JyhDirector | Sale | 5,000 | $40.53 | $202.7K | Form 4 |
| Apr 1, 2026 | TYSON MITCHELL GDirector | Sale | 10,000 | $42.31 | $423.1K | Form 4 |
| Apr 1, 2026 | Wang Hsueh-ChunSVP/COO IC & US/EU Mnstrm Ops | Sale | 10,000 | $42.08 | $420.8K | Form 4 |
All 118 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- AMERICAN CENTURY INVESTMENT MANAGEMENT INCSCHEDULE 13G, 1 filing Aug 14, 202672
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 1 filing Jul 31, 202673
- DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G/A, 4 filings Feb 8, 2022 to Jul 14, 202674
- VANGUARD GROUP INCSCHEDULE 13G/A, 6 filings Feb 10, 2022 to Mar 26, 202675
- BlackRockSCHEDULE 13G/A, 5 filings Jan 25, 2022 to Apr 29, 202576
- Norbel Investments, S.L.SC 13G/A, 2 filings Mar 16, 2023 to Jan 30, 202477
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | George C. Macricostas | $492.4K | $5.0M78 | |
| 2025 | Frank Lee | $783.8K | $3.2M78 | |
| 2025 | Eric Rivera | $410.8K | $2.1M78 | |
| 2025 | David Wang | $332.6K | $1.5M78 | |
| 2025 | H.K. Park | $324.2K | $1.4M78 | |
| 2025 | Christopher J. Progler | $445.8K | $1.1M78 | |
| 2024 | President – PDMC and former Chief Executive Officer | $750.0K | $4.9M78 | |
| 2024 | Executive Vice PresidentChief Technology Officer, Strategic Planning | $445.8K | $1.9M78 | |
| 2024 | Senior VicePresident and General Manager of FPD Operations | $319.8K | $1.8M78 | |
| 2024 | Senior Vice PresidentCOO of IC Operations | $308.0K | $1.8M78 | |
| 2024 | Executive VicePresident and Chief Financial Officer | $311.3K | $1.6M78 | |
| 2023 | President – PDMC and former Chief Executive Officer | $750.0K | $4.1M78 | |
| 2023 | Executive Vice PresidentChief Technology Officer, Strategic Planning | $434.9K | $1.6M78 | |
| 2023 | Senior VicePresident and General Manager of FPD Operations | $312.0K | $1.4M78 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 9,486,185 | $308.6M | 0.0% | +99,125 |
| Dimensional Fund Advisors LP | 3,642,585 | $118.5M | 0.0% | −320,080 |
| American Century Companies Inc | 3,387,380 | $110.2M | 0.0% | +567,453 |
| Vanguard Portfolio Management LLC | 2,972,130 | $96.7M | 0.0% | +127,393 |
| Vanguard Capital Management LLC | 2,501,565 | $81.4M | 0.0% | −1,526 |
| State Street Corp | 2,339,871 | $76.1M | 0.0% | +100,101 |
| Geode Capital Management, LLC | 2,167,677 | $70.5M | 0.0% | +313,074 |
| Invesco Ltd. | 1,840,112 | $59.9M | 0.0% | +412,594 |
| Victory Capital Management Inc | 1,462,087 | $47.6M | 0.0% | −476,540 |
| Vaughan Nelson Investment Management, L.P. | 1,071,105 | $34.8M | 0.3% | −114,300 |
| Morgan Stanley | 1,015,694 | $33.0M | 0.0% | −10,342 |
| Charles Schwab Investment Management Inc | 972,738 | $31.6M | 0.0% | −32,161 |
| Northern Trust Corp | 888,983 | $28.9M | 0.0% | +37,649 |
| Boston Partners | 665,700 | $21.2M | 0.0% | −119,539 |
| Needham Investment Management LLC | 585,500 | $19.0M | 0.6% | −19,500 |
| Easterly Investment Partners LLC | 466,274 | $15.2M | 0.8% | +62,576 |
| Allianz Asset Management GmbH | 369,478 | $14.9M | 0.0% | No change |
| Aqr Capital Management LLC | 414,691 | $13.5M | 0.0% | −71,663 |
| Vanguard Fiduciary Trust Co | 397,969 | $12.9M | 0.0% | +19,321 |
| Bank of New York Mellon Corp | 380,402 | $12.4M | 0.0% | +2,287 |
| Heartland Advisors Inc | 379,795 | $12.4M | 0.6% | +9,120 |
| Segall Bryant & Hamill, LLC | 374,171 | $12.2M | 0.1% | +311,809 |
| Tcw Group Inc | 355,820 | $11.6M | 0.1% | +36,300 |
| Bridgeway Capital Management, LLC | 352,834 | $11.5M | 0.2% | −10,000 |
| Royce & Associates LP | 341,476 | $11.1M | 0.1% | −32,157 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Photronics Inc is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARPHOTRONICS INC2
- CIK0000810136
- Employer ID (EIN)06-085488618
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company18
- Incorporated inConnecticut18
- Fiscal year endsOctober 312
- Industry code (SIC)3674 Semiconductors & Related Devices2
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
- Business address15 Secor Road, Po Box 5226, Brookfield, CT 068042
- Mailing address15 Secor Road, P O Box 5226, Brookfield, CT 068042
- Phone20377590002
- Shares outstanding58,997,167 as of Sep 3, 202616
- Public float$934.8M as of May 2, 202518
- AuditorDeloitte & Touche LLP, Boston, Massachusetts PCAOB ID 34; it also attests to the company’s internal control over financial reporting18
- On EDGAR sinceMar 13, 19952
- Filings1,737 in all: 4 (800), 8-K (262), SC 13G/A (110), 10-Q (96), 144 (92), SC 13G (71), 424B3 (38), DEF 14A (31)2
All 50 form types
10-K (25), 4/A (23), 3 (21), UPLOAD (13), 5 (12), POS AM (12), S-8 (12), S-3/A (11), SC 13D/A (10), CORRESP (9), S-3 (9), SD (9), CT ORDER (7), 10-K405 (6), DEFA14A (5), SCHEDULE 13G/A (5), 10-K/A (4), 3/A (4), S-4/A (4), 424B5 (3), ARS (3), 10-C (2), 10-K405/A (2), 10-Q/A (2), 424B2 (2), 8-K/A (2), FWP (2), PRE 14A (2), S-3MEF (2), SCHEDULE 13G (2), 144/A (1), 424B1 (1), 8-A12B (1), DEFR14A (1), DEFS14A (1), EFFECT (1), NT 10-K (1), NT 10-Q (1), PRES14A (1), S-4 (1), S-8 POS (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Dec 17, 2025
Quarterly report (10-Q) Sep 10, 2026
Proxy statement (DEF 14A) Feb 23, 2026
Latest 8-K (8-K) Aug 26, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| COMMON STOCK $0.01 par value | PLAB | NASDAQ |
From the cover page of the 10-K filed Dec 17, 2025 (Section 12(b) of the Exchange Act).18
Risk factors and legal proceedings
The risks Photronics Inc names in Item 1A of its 10-K filed Dec 17, 2025: 34 risks under these headings, as written.18
- Concentration Related Risk Factors
- Our dependency on the microelectronics industry, which as a whole is volatile, could create volatility in our demand and have a negative material impact on our business.
- We depend on a limited number of suppliers for equipment and raw materials and, if those suppliers fail to timely deliver their products to us, we may be unable to fulfill orders from our customers, which could adversely affect our business and results of operations.
- We have been dependent on sales to a limited number of large customers; the loss of any of these customers or a significant reduction in orders from these customers could have a material adverse effect on our revenues and results of operations.
- Financing Related Risk Factors
- Our cash flows from operations and current holdings of cash may not be adequate for our current and long-term needs.
- Our operations will continue to require substantial capital expenditures, for which we may be unable to provide or obtain funding.
- Industry and Competitive Related Risk Factors
- Our business depends on managerial and technical personnel, who are in great demand, and our inability to attract and retain qualified employees could adversely affect our business and results of operations.
- The photomask industry is dependent on the semiconductor and display industries, which are subject to rapid technological change and fluctuations in capacity needs. Consequently, we might fail to adequately time our capabilities to market needs, which could have a material adverse effect on our business and results of operations.
- The risk of loss of our intellectual property, trade secrets, or other sensitive business or customer confidential information or disruption of operations due to cyberattacks or data breaches could negatively impact our financial results.
- We may be unable to enforce or defend our ownership and use of proprietary technology, and the utilization of unprotected Company developed technology by our competitors could adversely affect our business, results of operations, and financial position.
The other 25 risks
- We operate in a highly competitive environment, and, should we be unable to meet our customers’ requirements for product quality, timeliness of delivery or technical capabilities, our revenue could be adversely affected.
- Investment Related Risk Factors
- Joint ventures may not operate according to their business plans if our partners fail to fulfill their obligations, which may adversely affect our results of operations and compel us to dedicate additional resources to these joint ventures.
- Our operations in China expose us to substantial risks.
- We may incur unforeseen charges related to possible future facility closures, restructurings, or forfeitures.
- We may not be able to consummate future acquisitions or joint ventures or integrate acquisitions into our business, which could result in unanticipated expenses and losses.
- Operations Related Risk Factors
- Our quarterly operating results fluctuate significantly and may continue to do so in the future.
- Our substantial non-U.S. operations are subject to additional risks.
- We could be subject to damages based on claims brought against us by our customers, or lose customers as a result of the failure of our products to meet certain quality specifications.
- We face risks associated with the use of sophisticated equipment and complex manufacturing processes and technologies. Our inability to effectively utilize such equipment and technologies and perform such processes could have a material adverse effect on our business and results of operations.
- We have a high level of fixed costs.
- Regulatory Related Risk Factors
- Additional taxes could adversely affect our financial results.
- Risks related to tariffs and global trade policies could adversely affect our business, financial condition, and results of operations.
- Our products and technology could be subject to U.S. export control laws and/or the export control laws of the foreign jurisdictions where we operate.
- We may be unprepared for changes to environmental laws and regulations and may incur liabilities arising from environmental matters.
- General Risk Factors
- We could be negatively impacted by Environmental, Social and Governance (ESG), climate change and other sustainability-related matters.
- Ineffective internal controls could impact our business and operating results.
- Our business could be adversely impacted by global or regional catastrophic events.
- Our production facilities could be damaged or disrupted by natural or manmade disasters or labor strikes, either of which could adversely affect our financial position, results of operations, and cash flows.
- Our sales can be impacted by the health and stability of the general economy, which could adversely affect our results of operations and cash flows.
- Technology failures or cyber security breaches could have a material adverse effect on our operations.
- We may, in the future, incur net losses.
- Market Related Risk Factors
- Changes in foreign currency exchange rates could have a material adverse effect on our results of operations, financial condition, or cash flows.
- Our hedging activity could negatively impact our results of operations and cash flows.
- The market price of our common stock is subject to volatility and could fluctuate widely in response to various factors, many of which are beyond our control.
- We operate in a global, competitive environment which gives rise to operating and market risk exposure.
Legal proceedings
Please refer to Note 16 – Commitments and Contingencies to our consolidated financial statements in Part II, Item 8 of this report for information on legal proceedings involving the Company.
The opening of Item 3, Legal Proceedings.18
Links
- Websitewww.photronics.com1
- WikipediaPhotronics
- WikidataQ7187948
- SEC EDGARCIK 810136
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataPhotronics Inc on Wikidata
- 2SEC EDGARPhotronics Inc filings on SEC EDGAR
- 3WikipediaPhotronics Inc on Wikipedia
- 4
- 5Wikimedia CommonsPhotronics Inc logo by Photronics Inc, Public domain
- 6SEC EDGARPhotronics Inc 10-K for fiscal 2025
- 7SEC EDGARPhotronics Inc filings on SEC EDGAR
- 8
- 9SEC EDGARPhotronics Inc 10-K for fiscal 2018
- 10SEC EDGARPhotronics Inc 10-K for fiscal 2019
- 11SEC EDGARPhotronics Inc 10-K for fiscal 2020
- 12SEC EDGARPhotronics Inc 10-K for fiscal 2021
- 13SEC EDGARPhotronics Inc 10-K for fiscal 2022
- 14SEC EDGARPhotronics Inc 10-Q for fiscal 2026
- 15SEC EDGARPhotronics Inc 10-Q for fiscal 2026
- 16SEC EDGARPhotronics Inc 10-Q for fiscal 2026
- 17SEC EDGARPhotronics Inc 10-K for fiscal 2018
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- 24SEC EDGARGeorge Macricostas, Chair
- 25SEC EDGARConstantine S. Macricostas, Chair
- 26SEC EDGAREric Rivera, President
- 27SEC EDGARKang Jyh Lee, President
- 28SEC EDGARPeter S. Kirlin, President
- 29
- 30SEC EDGARSoo Hong Jeong, President
- 31SEC EDGAREric Rivera, Chief financial officer
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- 37SEC EDGARTodd Anthony Alesio, SVP, CAO
- 38
- 39SEC EDGARHan Kyung Park, SVP & GM of FPD Ops
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- 43SEC EDGARMichelle Almeida, Board member
- 44SEC EDGARKang Jyh Lee, Board member
- 45SEC EDGARAdam M. Lewis, Board member
- 46SEC EDGARDaniel Jl Liao, Board member
- 47SEC EDGARMary Paladino, Board member
- 48SEC EDGARPeter S. Kirlin, Board member
- 49SEC EDGARLiang Choo Hsia, Board member
- 50
- 51SEC EDGARGeorge Macricostas, Board member
- 52SEC EDGARJoseph A. Fiorita Jr., Board member
- 53SEC EDGARMitchell G. Tyson, Board member
- 54SEC EDGARWalter M. Fiederowicz, Board member
- 55SEC EDGARWillem D. Maris, Board member
- 56SEC EDGARRichelle E. Burr, General counsel
- 57SEC EDGARResults of operations
- 58SEC EDGARResults of operations
- 59SEC EDGARShareholder vote
- 60SEC EDGARResults of operations
- 61SEC EDGARExecutive or director change
- 62SEC EDGARExecutive or director change
- 63SEC EDGARExecutive or director change
- 64SEC EDGARResults of operations
- 65SEC EDGARResults of operations
- 66SEC EDGARExecutive or director change
- 67
- 68SEC EDGARExecutive or director change
- 69NasdaqNasdaq calendar
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