Every 8-K that Photronics Inc (PLAB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PLAB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PLAB filings page.
Photronics, Inc. (PLAB) reported third quarter fiscal 2026 results for the period ended August 2, 2026. Revenue was $216.0 million, up 2.7% year-over-year and 2.9% sequentially. GAAP net income attributable to shareholders was $28.9 million or $0.49 per diluted share, versus $22.9 million or $0.39 a year earlier and $31.4 million or $0.54 in the prior quarter. Non-GAAP net income was $29.4 million or $0.50 per diluted share, roughly flat year-over-year but above $24.9 million or $0.42 in Q2.
Integrated circuit revenue was $154.7 million, up 5% year-over-year and sequentially, while flat panel display revenue was $61.4 million, down 2% on both bases. High-end IC business reached a record 44% of total IC revenue. Gross margin was 33.2% and operating margin 21.1%. Cash, cash equivalents and short-term investments totaled $672.8 million, much of it in 50.01%-owned joint ventures, against very low debt. Operating cash flow for the first nine months was $220.6 million, with $130.4 million invested in capital expenditures.
For the fourth quarter of fiscal 2026, Photronics projects revenue between $207 million and $227 million, operating margin of 19%–24%, and non-GAAP diluted EPS of $0.40–$0.56 per share.
Photronics, Inc. reported solid second quarter fiscal 2026 results with revenue of $209.9 million, roughly flat year over year, while profitability improved. Gross margin was 31.3% and operating margin 20.1%, reflecting some mix-driven compression versus prior periods.
Net income attributable to Photronics shareholders rose to $31.4 million, or $0.54 per diluted share, compared with $0.15 a year earlier. Non-GAAP diluted EPS was $0.42. The company ended the quarter with $637.7 million in cash, cash equivalents and short-term investments and minimal debt of $3.9 million.
Operating cash flow for the first six months of fiscal 2026 reached $144.3 million, supporting significant capital expenditures of $93.4 million in that period as Photronics invests in U.S. and South Korea capacity, including an 8nm node extension. For third quarter fiscal 2026, management guided revenue to $207–$215 million and non-GAAP diluted EPS to $0.39–$0.45, assuming continued temporary delays in some semiconductor design starts but ongoing long-term demand drivers.
Photronics, Inc. reported the results of its annual shareholder meeting, where investors approved all three proposals. Shareholders elected eight directors, including Michelle Almeida with 40,814,195 votes for and 66,498 withheld, with 4,782,351 broker non-votes recorded for each director.
They also ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending October 31, 2026, with 44,791,040 votes for, 847,897 against and 24,102 abstentions. In a non-binding advisory vote, 38,999,556 votes supported the compensation of named executive officers, 1,790,769 opposed and 90,363 abstained.
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.
Photronics, Inc. appointed Eric Rivera as its President, effective January 12, 2026. He will continue to serve as Chief Financial Officer and remain the company’s principal financial officer, following prior roles as Chief Accounting Officer and Corporate Controller.
The company also named Rui (Elie) Zhang as Chief Accounting Officer and principal accounting officer, while she continues as Corporate Controller, and appointed Todd Alesio as Senior Vice President and Chief Administrative Officer, retaining his responsibilities as Head of Global Human Resources. The company states there are no special arrangements leading to these appointments and no related-party transactions requiring disclosure. A press release describing these leadership changes was issued on January 13, 2026.
Photronics, Inc. expanded its Board of Directors from eight to nine members and elected Michelle Almeida as an independent director effective January 1, 2026. She brings over 25 years of finance experience, including treasury and financial planning and analysis, and currently serves as Vice President Corporate Finance, Treasurer at Compass Datacenters. She is a Certified Public Accountant and holds a Master of Science in Accounting from the University of Pune in India.
The company states there are no arrangements or understandings with other persons related to her election and no related-party transactions requiring disclosure. Almeida will receive compensation similar to other non-employee directors, including cash retainers for Board and committee service and restricted stock awards, and she has not yet been appointed to any Board committees.
Photronics, Inc. furnished an update on its fiscal third quarter 2025 by submitting an 8-K that includes a press release and a slide presentation. The company reported its third quarter fiscal 2025 results in a press release dated August 27, 2025 and scheduled a conference call on the same date to discuss its financial results and other matters. The press release is attached as Exhibit 99.1 and the conference call slide deck as Exhibit 99.2, and these materials are designated as furnished rather than filed under the securities laws.