← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Photronics contracted revenue, remained profitable, generated positive free cash flow at a 24.5% operating margin. Operating cash lagged net-income growth while capital spending and inventory outgrew sales.
The read at a glance✓ Audited against SEC data
- Growth — Revenue declined 2.0%Watch
- Profitability — Net income grew 4.4% to $136.405M from $130.688MOK
- Cash flow — Free cash flow declined 54.3% to $59.661M from $130.502MWatch
- Margins — Operating margin contracted 104 bps to 24.51%Watch
- Accounting — Operating cash lagged net-income growth while capital spending and inventory outgrew salesNote
- Insiders — 0 purchases and 47 salesWatch
Business
Photronics manufactures photomasks used in semiconductor and display production.
Where the revenue comes from
Fiscal 2025, as PHOTRONICS INC reports it. History and quarterly detail are in the app.
- Integrated Circuits$615.1M
- Mainstream Integrated Circuits$376.2M
- High End Integrated Circuits$238.9M
- Flat Panel Displays$234.2M
- High End Flat Panel Displays$195.5M
Leadership changes
From PHOTRONICS INC's own filings, the day they're filed.
- Christopher J. Progler · Chief Technology Officer · departureeff. 2025-12-29
- Walter M. Fiederowicz · Directors · departureeff. 2025-01-21
- Richelle Burr · chief administrative officer · departureeff. 2024-09-30
Latest filings
- 8-K · Company announcement2026-08-26
- 10-Q · Quarterly report2026-06-11
- 8-K · Company announcement2026-05-28
- 8-K · Company announcement2026-04-09
- 10-Q · Quarterly report2026-03-11
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about PHOTRONICS INC, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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