Photronics (PLAB) Gross Margin (2011 - 2026)
Photronics (PLAB) posted quarterly Gross Margin of 31.32% for Q2 2026, down 560.0% on a YoY basis from 6.81% in Q2 2025, and down 10.43% on a QoQ basis from 34.97% in Q1 2026.
Photronics (PLAB) Gross Margin (2011 - 2026) Analysis & Trends
Photronics (PLAB) has reported Gross Margin for 16 consecutive years, with 31.32% the latest figure, recorded in Q2 2026.
- Gross Margin for Q2 2026 came in at 31.32%, down 560.0% year-over-year; the trailing twelve-month figure through May 2026 was 33.77% (down 251.0% YoY), and the FY2025 annual result was 35.3%, down 114.0% from the prior year.
- Gross Margin fell to 31.32% in Q2 2026, from 34.97% in the prior quarter.
- Across five years, Gross Margin topped out at 38.71% in Q3 2023 and bottomed at 31.32% in Q2 2026.
- Historically, Gross Margin has averaged 35.89% across 5 years, with a median of 36.28% in 2023.
- The sharpest annual moves came in 2022 and 2026: Gross Margin surged 1157 bps in 2022, then tumbled 560 bps in 2026.
- Over 5 years, Gross Margin stood at 38.17% in 2022, then declined by 2 bps to 37.32% in 2023, then retreated by 1 bps to 36.97% in 2024, then slipped by 5 bps to 35.01% in 2025, then declined by 11 bps to 31.32% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 31.32%, 34.97%, and 35.01% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 636.08 Bn | 620.57 Bn | 5.90 Bn | 51.98% |
| 2 | Applied Materials | 406.04 Bn | 399.30 Bn | 3.95 Bn | 49.90% |
| 3 | Lam Research | 369.24 Bn | 364.49 Bn | 2.91 Bn | 49.83% |
| 4 | Kla | 240.65 Bn | 238.86 Bn | 2.09 Bn | 61.12% |
| 5 | Teradyne | 58.07 Bn | 57.82 Bn | 780.95 Mn | 60.89% |
| 6 | Qnity Electronics | 27.70 Bn | 26.85 Bn | 618.00 Mn | 47.00% |
| 7 | Entegris | 18.25 Bn | 17.80 Bn | 380.80 Mn | 46.90% |
| 8 | Onto Innovation | 12.83 Bn | 12.17 Bn | 146.39 Mn | 50.14% |
| 9 | Amkor Technology | 12.41 Bn | 9.90 Bn | 318.59 Mn | 16.79% |
| 10 | Photronics | 1.76 Bn | 1.13 Bn | 65.76 Mn | 31.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 31.32% |
| Feb 1, 2026 | 34.97% |
| Oct 31, 2025 | 35.01% |
| Aug 3, 2025 | 33.68% |
| May 4, 2025 | 36.92% |
| Feb 2, 2025 | 35.61% |
| Oct 31, 2024 | 36.97% |
| Jul 28, 2024 | 35.61% |
| Apr 28, 2024 | 36.52% |
| Jan 28, 2024 | 36.64% |
| Oct 31, 2023 | 37.32% |
| Jul 30, 2023 | 38.71% |
| Apr 30, 2023 | 38.55% |
| Jan 29, 2023 | 36.04% |
| Oct 31, 2022 | 38.17% |
| Jul 31, 2022 | 38.13% |
| May 1, 2022 | 34.34% |
| Jan 30, 2022 | 31.54% |
| Oct 31, 2021 | 28.65% |
| Aug 1, 2021 | 26.56% |