Photronics (PLAB) Operating Expenses (2011 - 2026)
Photronics (PLAB) recorded quarterly Operating Expenses of $23.9 million in Q1 2026, up 3.07% quarter-over-quarter from $23.2 million in Q4 2025, and up 2.32% on a YoY basis from $23.4 million in Q1 2025.
Photronics (PLAB) Operating Expenses (2011 - 2026) Analysis & Trends
Photronics' Operating Expenses history runs 16 years deep, the most recent figure standing at $23.9 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 2.32% year-over-year to $23.9 million; the TTM figure through Feb 2026 stood at $92.0 million (down 4.13% YoY), while the FY2025 annual figure was $91.4 million, down 3.08% from the prior year.
- Operating Expenses was $23.9 million for Q1 2026 at Photronics, up from $23.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $26.3 million in Q4 2024 to a low of $19.7 million in Q4 2022.
- Historically, Operating Expenses has averaged $22.1 million across 5 years, with a median of $21.8 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 30.83% in 2024, then fell 11.81% in 2025.
- A 5-year view of Operating Expenses shows it stood at $19.7 million in 2022, then advanced by 1.88% to $20.1 million in 2023, then surged by 30.83% to $26.3 million in 2024, then slipped by 11.81% to $23.2 million in 2025, then advanced by 3.07% to $23.9 million in 2026.
- The last three Operating Expenses figures came in at $23.9 million (Q1 2026), $23.2 million (Q4 2025), and $22.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 14,963,355.55 Bn | 14,963,340.04 Bn | 5.90 Bn | - |
| 2 | Lam Research | 408.02 Bn | 403.27 Bn | 2.91 Bn | 863.51 Mn |
| 3 | Applied Materials | 391.00 Bn | 384.25 Bn | 3.95 Bn | 1.42 Bn |
| 4 | Kla | 277.01 Bn | 272.05 Bn | 2.09 Bn | 679.90 Mn |
| 5 | Teradyne | 58.18 Bn | 57.94 Bn | 780.95 Mn | 307.95 Mn |
| 6 | Qnity Electronics | 30.25 Bn | 30.41 Bn | 618.00 Mn | 267.00 Mn |
| 7 | Entegris | 20.20 Bn | 19.76 Bn | 380.80 Mn | 192.90 Mn |
| 8 | Amkor Technology | 16.87 Bn | 15.05 Bn | 239.03 Mn | 138.75 Mn |
| 9 | Onto Innovation | 13.38 Bn | 12.72 Bn | 146.39 Mn | 112.88 Mn |
| 10 | Photronics | 1.73 Bn | 1.53 Bn | 78.70 Mn | 23.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| May 2, 2021 | 18.44 Mn |