Photronics, Inc. (NASDAQ:PLAB) reported financial results for the full year and fourth quarter of fiscal year 2025 ended October 31, 2025.
Revenue for the full year was $849.3 million, down 2.0% year-over-year.
Fourth-quarter revenue was $215.8 million, down 3.1% year-over-year and up 2.6% sequentially.
Full Year Revenue
$849.3 million, down 2.0% year-over-year.
Fourth Quarter Revenue
$215.8 million, down 3.1% year-over-year and up 2.6% sequentially.
Net Income
GAAP net income was $136.4 million for the full year, and $61.8 million for the fourth quarter.
Cash Activities
Cash generated from operating activities was $247.8 million for the full year, and $87.8 million for the fourth quarter.
Outlook
First quarter of fiscal 2026 Revenue expected between $217 million and $225 million.
- Photronics achieved record-high end revenue in the fourth quarter.
- Positive forecasts from U.S. customers validate U.S. investment plans.
- Korea capability extension to diversify revenue mix and increase exposure to leading-edge chip designs.
Photronics showed resilience in revenue despite year-over-year decreases and potential growth opportunities through strategic investments.