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Photronics Inc SEC Filings

PLAB NASDAQ

Welcome to our dedicated page for Photronics SEC filings (Ticker: PLAB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

This page provides access to U.S. Securities and Exchange Commission (SEC) filings for Photronics, Inc. (NASDAQ: PLAB), a manufacturer of integrated circuit (IC) and flat panel display (FPD) photomasks. Photronics describes photomasks as high-precision quartz plates containing microscopic images of electronic circuits that are a key element in IC and FPD manufacturing. Through its SEC reports, the company discloses financial performance, governance matters, and other material events related to its global photomask operations.

Periodic reports such as the Form 10-K annual report and Form 10-Q quarterly reports contain audited and interim financial statements, including revenue by IC and FPD categories, gross profit, operating income, net income, balance sheet data, and cash flow information. These filings also discuss risk factors, accounting policies, and other disclosures that frame Photronics’ position in the semiconductor and related device manufacturing industry.

Current reports on Form 8-K document specific events, such as the release of quarterly financial results, investor presentations, and executive employment agreements. For example, an 8-K filing can furnish earnings press releases and slide presentations, or describe amended employment agreements with senior executives, including terms related to compensation, benefits, and non-compete provisions.

Investors can also review filings that relate to governance and executive arrangements, including details on leadership appointments and contractual terms for key officers. Together, these documents offer a structured view of Photronics’ financial condition, leadership framework, and material developments.

On Stock Titan, SEC filings for PLAB are updated as they are made available through EDGAR, and AI-powered summaries help explain the contents of lengthy reports, highlight key figures and sections, and make it easier to understand complex disclosures such as non-GAAP reconciliations and employment agreement terms.

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Photronics, Inc. reported higher results for the quarter ended February 1, 2026. Revenue rose to $225.1 million, up from $212.1 million, driven mainly by stronger demand for high-end integrated circuit photomasks in Asia and higher mainstream flat-panel display business in China.

Gross margin held at 35.0%, while net income attributable to shareholders was $42.9 million, essentially flat versus $42.9 million a year ago, as higher operating costs and lower foreign currency gains offset revenue growth. Diluted EPS was $0.74, compared with $0.68.

The company generated $97.3 million of operating cash flow and ended the quarter with $544.1 million in cash and cash equivalents, up from $492.3 million. Capital expenditures were $47.6 million in the quarter, and management expects about $330 million of capex in fiscal 2026, focused mainly on high-end and mainstream capacity in Asia and the U.S.

Photronics did not repurchase shares in the quarter and still has $27.6 million remaining under its authorization. The PDMCX joint venture in China continues to be consolidated, contributing to noncontrolling interests’ net income of $17.2 million. The balance sheet remains lightly levered, with total debt of $21 thousand and total equity of $1.65 billion.

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Photronics Inc reports a Schedule 13G/A showing The Vanguard Group beneficially owns 5,847,277 common shares, representing 10.09% of the class.

The filing states shared voting power of 459,239 shares and shared dispositive power over 5,847,277 shares. It also notes an internal Vanguard realignment effective January 12, 2026 that may lead certain Vanguard subsidiaries to report ownership separately.

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Photronics, Inc. reported fiscal first quarter 2026 revenue of $225.1 million, up from $212.1 million a year earlier, with gross margin steady at 35.0%. Net income attributable to shareholders was $42.9 million, or $0.74 diluted EPS, while non-GAAP diluted EPS was $0.61.

The company highlighted record high-end integrated circuit revenue and strong cash generation, with operating cash flow of $97.3 million and cash and short-term investments of $636.9 million against negligible debt. For the second quarter of fiscal 2026, Photronics expects revenue between $212 million and $220 million and non-GAAP diluted EPS between $0.49 and $0.55 per share.

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Photronics, Inc. is asking shareholders to vote at its April 8, 2026 annual meeting, held both in person and virtually, on electing eight directors, ratifying Deloitte & Touche LLP as auditor for fiscal 2026, and approving an advisory say‑on‑pay resolution for executive compensation.

The proxy details a largely independent board with dedicated Audit, Compensation, Nominating, and Cybersecurity Committees, updated insider trading and anti‑hedging policies, and stock ownership guidelines. It also highlights 2025 results, including $849.3 million in revenue and $136.4 million in GAAP net income, and explains a pay program emphasizing at‑risk bonuses and restricted stock units aligned with shareholder returns.

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Photronics Inc. executive Rui Zhang reported an equity award of company stock. On February 9, 2026, Zhang acquired 1,467 shares of common stock as a grant described as restricted stock units under Photronics’ 2025 equity incentive compensation plan at a price of $0 per share.

After this award, Zhang beneficially owned 33,387 shares of common stock directly. The restricted stock units vest in four equal installments of 25% each on January 12, 2027, January 12, 2028, January 12, 2029, and January 12, 2030.

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Photronics Inc. senior vice president and chief accounting officer Todd Anthony Alesio reported an equity award under the company’s 2025 incentive plan. On February 9, 2026, he acquired 983 shares of common stock in the form of restricted stock units at a stated price of $0. After this grant, he beneficially owns 17,946 common shares directly.

The restricted stock units vest in four equal installments: 25% on January 12, 2027, 25% on January 12, 2028, 25% on January 12, 2029, and 25% on January 12, 2030, aligning compensation with longer-term company performance.

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Photronics Inc. executive Eric Rivera, President and CFO, reported an equity award of 22,641 shares of common stock in the form of restricted stock units on February 9, 2026. These units were granted at a price of $0.00 as part of the company’s 2025 equity incentive compensation plan.

Following this grant, Rivera directly beneficially owns 177,690 shares of Photronics common stock. The restricted stock units vest in four equal 25% installments on January 12, 2027, January 12, 2028, January 12, 2029, and January 12, 2030, aligning his compensation with long-term company performance.

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Photronics Inc. officer updates reported share ownership. An amendment to a Form 3 for Todd Anthony Alesio, SVP and Chief Accounting Officer of Photronics Inc., corrects his beneficial ownership of common stock to 16,963 shares held directly as of January 12, 2026. The filing states that no other changes are being made.

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Photronics Inc. officer updates initial ownership filing for accuracy. Rui Zhang, VP, CAO & Corporate Controller of Photronics Inc. (PLAB), filed an amended Form 3 to correct the number of common shares beneficially owned. The amended filing states that Zhang beneficially owned 31,920 shares of common stock as of January 12, 2026. The amendment makes no other changes and does not report any new transactions, only clarifying the previously disclosed ownership amount.

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FAQ

What is the current stock price of Photronics (PLAB)?

The current stock price of Photronics (PLAB) is $33.55 as of March 13, 2026.

What is the market cap of Photronics (PLAB)?

The market cap of Photronics (PLAB) is approximately 1.9B.

PLAB Rankings

PLAB Stock Data

1.91B
55.22M
Semiconductor Equipment & Materials
Semiconductors & Related Devices
Link
United States
BROOKFIELD

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