Photronics (PLAB) Gross Margin (2011 - 2026)
Photronics (PLAB) posted quarterly Gross Margin of 31.32% for Q2 2026, down 560.0% year-over-year 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.
- In Q2 2026, Gross Margin fell 560.0% year-over-year to 31.32%; the TTM figure through May 2026 stood at 33.77% (down 251.0% YoY), while the FY2025 annual figure was 35.3%, down 114.0% from the prior year.
- Gross Margin came in at 31.32% for Q2 2026 at Photronics, down from 34.97% in the prior quarter.
- The five-year high for Gross Margin was 38.71% in Q3 2023, with the low at 31.32% in Q2 2026.
- Average Gross Margin over 5 years is 35.89%, with a median of 36.28% recorded in 2023.
- Across the five-year window, Gross Margin jumped 1157 bps in 2022 and slumped 560 bps in 2026, its largest moves.
- Year by year, Gross Margin stood at 38.17% in 2022, then dropped by 2 bps to 37.32% in 2023, then fell by 1 bps to 36.97% in 2024, then decreased by 5 bps to 35.01% in 2025, then dropped 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 | Applied Materials | 516.82 Bn | 510.08 Bn | 3.95 Bn | 49.90% |
| 2 | Lam Research | 488.97 Bn | 484.22 Bn | 2.91 Bn | 49.83% |
| 3 | Kla | 348.47 Bn | 343.51 Bn | 2.09 Bn | 61.12% |
| 4 | Teradyne | 66.84 Bn | 66.60 Bn | 780.95 Mn | 60.89% |
| 5 | Qnity Electronics | 32.19 Bn | 32.35 Bn | 618.00 Mn | 47.00% |
| 6 | Entegris | 25.16 Bn | 24.72 Bn | 380.80 Mn | 46.90% |
| 7 | Amkor Technology | 19.80 Bn | 17.99 Bn | 239.03 Mn | 14.19% |
| 8 | Formfactor | 11.45 Bn | 11.15 Bn | 86.79 Mn | 38.38% |
| 9 | ACM Research | 7.71 Bn | 7.32 Bn | 107.24 Mn | 46.37% |
| 10 | Photronics | 17.64 Mn | -167.82 Mn | 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% |