Photronics (PLAB) Operating Expenses (2011 - 2026)
Photronics (PLAB) posted Operating Expenses of $23.6 million for Q2 2026, down 1.34% on a QoQ basis from $23.9 million in Q1 2026, and up 6.26% year-over-year from $22.2 million in Q2 2025.
Analysis
Photronics (PLAB) Operating Expenses (2011 - 2026) Analysis & Trends
Photronics has reported Operating Expenses for 16 years, with the latest figure at $23.6 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 6.26% year-over-year to $23.6 million in Q2 2026; TTM through May 2026 was $93.4 million, a 1.55% decrease from a year earlier, with the FY2025 full-year figure at $91.4 million, down 3.08% from the prior year.
- Operating Expenses was $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.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 30.83% in 2024, then retreated 11.81% in 2025.
- Over 5 years, Operating Expenses stood at $19.7 million in 2022, then climbed by 1.88% to $20.1 million in 2023, then soared by 30.83% to $26.3 million in 2024, then dropped by 11.81% to $23.2 million in 2025, then climbed by 1.69% to $23.6 million in 2026.
- The last three Operating Expenses figures came in at $23.6 million (Q2 2026), $23.9 million (Q1 2026), and $23.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Entegris | 21.40 Bn | 21.04 Bn | 420.00 Mn | 209.30 Mn |
| 2 | Axt | 4.01 Bn | 3.23 Bn | 21.37 Mn | 10.94 Mn |
| 3 | Universal Display Corp \Pa\ | 3.89 Bn | 3.42 Bn | 115.37 Mn | 61.72 Mn |
| 4 | Photronics | 1.68 Bn | 1.05 Bn | 65.76 Mn | 23.58 Mn |
Historic Data
Download Data
Historic 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 |