Photronics (PLAB) Operating Expenses (2011 - 2026)
Photronics (PLAB) posted quarterly Operating Expenses of $23.6 million for Q2 2026, up 6.26% year-over-year from $22.2 million in Q2 2025, and down 1.34% on a QoQ basis from $23.9 million in Q1 2026.
Photronics (PLAB) Operating Expenses (2011 - 2026) Analysis & Trends
Photronics (PLAB) has reported Operating Expenses for 16 consecutive years, with $23.6 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 6.26% year-over-year to $23.6 million; the TTM figure through May 2026 stood at $93.4 million (down 1.55% YoY), while the FY2025 annual figure was $91.4 million, down 3.08% from the prior year.
- Operating Expenses came in at $23.6 million for Q2 2026 at Photronics, down from $23.9 million in the prior quarter.
- The five-year high for Operating Expenses was $26.3 million in Q4 2024, with the low at $19.7 million in Q4 2022.
- Average Operating Expenses over 5 years is $22.1 million, with a median of $22.0 million recorded in 2024.
- Across the five-year window, Operating Expenses jumped 30.83% in 2024 and slipped 11.81% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $19.7 million in 2022, then increased by 1.88% to $20.1 million in 2023, then surged by 30.83% to $26.3 million in 2024, then fell by 11.81% to $23.2 million in 2025, then increased by 1.69% to $23.6 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $23.6 million, $23.9 million, and $23.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Applied Materials | 516.82 Bn | 510.08 Bn | 3.95 Bn | 1.42 Bn |
| 2 | Lam Research | 488.97 Bn | 484.22 Bn | 2.91 Bn | 863.51 Mn |
| 3 | Kla | 348.47 Bn | 343.51 Bn | 2.09 Bn | 679.90 Mn |
| 4 | Teradyne | 66.84 Bn | 66.60 Bn | 780.95 Mn | 307.95 Mn |
| 5 | Qnity Electronics | 32.19 Bn | 32.35 Bn | 618.00 Mn | 267.00 Mn |
| 6 | Entegris | 25.16 Bn | 24.72 Bn | 380.80 Mn | 192.90 Mn |
| 7 | Amkor Technology | 19.80 Bn | 17.99 Bn | 239.03 Mn | 138.75 Mn |
| 8 | Formfactor | 11.45 Bn | 11.15 Bn | 86.79 Mn | 70.15 Mn |
| 9 | ACM Research | 7.71 Bn | 7.32 Bn | 107.24 Mn | 71.06 Mn |
| 10 | Photronics | 17.64 Mn | -167.82 Mn | 65.76 Mn | 23.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 23.58 Mn |
| Feb 1, 2026 | 23.90 Mn |
| Oct 31, 2025 | 23.19 Mn |
| Aug 3, 2025 | 22.69 Mn |
| May 4, 2025 | 22.19 Mn |
| Feb 2, 2025 | 23.36 Mn |
| Oct 31, 2024 | 26.29 Mn |
| Jul 28, 2024 | 22.99 Mn |
| Apr 28, 2024 | 23.29 Mn |
| Jan 28, 2024 | 21.77 Mn |
| Oct 31, 2023 | 20.10 Mn |
| Jul 30, 2023 | 21.54 Mn |
| Apr 30, 2023 | 21.36 Mn |
| Jan 29, 2023 | 20.12 Mn |
| Oct 31, 2022 | 19.73 Mn |
| Jul 31, 2022 | 20.11 Mn |
| May 1, 2022 | 20.82 Mn |
| Jan 30, 2022 | 21.67 Mn |
| Oct 31, 2021 | 18.42 Mn |
| Aug 1, 2021 | 20.39 Mn |