Photronics (PLAB) Gross Margin (2011 - 2026)

Photronics' Gross Margin history runs 16 years deep, the most recent figure standing at 34.97% for Q1 2026.

• In Q1 2026, Gross Margin fell 64.0% year-over-year to 34.97%; the TTM figure through Feb 2026 stood at 35.14% (down 105.0% YoY), while the FY2025 annual figure was 35.3%, down 114.0% from the prior year.
• Gross Margin was 34.97% for Q1 2026 at Photronics, roughly flat from 35.01% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 38.71% in Q3 2023 to a low of 31.54% in Q1 2022.
• Historically, Gross Margin has averaged 36.16% across 5 years, with a median of 36.52% in 2024.
• The sharpest annual moves came in 2022 and 2024: Gross Margin jumped 1157 bps in 2022, then tumbled 310 bps in 2024.
• A 5-year view of Gross Margin shows it stood at 38.17% in 2022, then retreated by 2 bps to 37.32% in 2023, then slipped by 1 bps to 36.97% in 2024, then declined by 5 bps to 35.01% in 2025, then dropped by 0 bps to 34.97% in 2026.
• The last three Gross Margin figures came in at 34.97% (Q1 2026), 35.01% (Q4 2025), and 33.68% (Q3 2025), per Business Quant data.