Photronics (PLAB) Operating Margin (2011 - 2026)
Photronics (PLAB) posted quarterly Operating Margin of 20.09% for Q2 2026, down 632.0% year-over-year from 3.78% in Q2 2025, and down 17.57% on a QoQ basis from 24.37% in Q1 2026.
Photronics (PLAB) Operating Margin (2011 - 2026) Analysis & Trends
Photronics (PLAB) has reported Operating Margin for 16 consecutive years, with 20.09% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin fell 632.0% year-over-year to 20.09%; the TTM figure through May 2026 stood at 22.91% (up 1751.0% YoY), while the FY2025 annual figure was 24.51%, up 1852.0% from the prior year.
- Operating Margin came in at 20.09% for Q2 2026 at Photronics, down from 24.37% in the prior quarter.
- The five-year high for Operating Margin was 29.24% in Q2 2023, with the low at 57.84% in Q4 2023.
- Average Operating Margin over 5 years is 16.53%, with a median of 24.66% recorded in 2024.
- Across the five-year window, Operating Margin sank 8664 bps in 2023 and jumped 7524 bps in 2025, its largest moves.
- Year by year, Operating Margin stood at 28.79% in 2022, then tumbled by 301 bps to 57.84% in 2023, then grew by 12 bps to 51.09% in 2024, then soared by 147 bps to 24.15% in 2025, then slipped by 17 bps to 20.09% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 20.09%, 24.37%, and 24.15% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Applied Materials | 516.82 Bn | 510.08 Bn | 3.95 Bn | 31.90% |
| 2 | Lam Research | 488.97 Bn | 484.22 Bn | 2.91 Bn | 35.04% |
| 3 | Kla | 348.47 Bn | 343.51 Bn | 2.09 Bn | 41.21% |
| 4 | Teradyne | 66.84 Bn | 66.60 Bn | 780.95 Mn | 36.88% |
| 5 | Qnity Electronics | 32.19 Bn | 32.35 Bn | 618.00 Mn | 26.69% |
| 6 | Entegris | 25.16 Bn | 24.72 Bn | 380.80 Mn | 17.44% |
| 7 | Amkor Technology | 19.80 Bn | 17.99 Bn | 239.03 Mn | 5.95% |
| 8 | Formfactor | 11.45 Bn | 11.15 Bn | 86.79 Mn | 7.36% |
| 9 | ACM Research | 7.71 Bn | 7.32 Bn | 107.24 Mn | 15.64% |
| 10 | Photronics | 17.64 Mn | -167.82 Mn | 65.76 Mn | 20.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 3, 2026 | 20.09% |
| Feb 1, 2026 | 24.37% |
| Oct 31, 2025 | 24.15% |
| Aug 3, 2025 | 22.89% |
| May 4, 2025 | 26.41% |
| Feb 2, 2025 | 24.60% |
| Oct 31, 2024 | -51.09% |
| Jul 28, 2024 | 24.72% |
| Apr 28, 2024 | 25.83% |
| Jan 28, 2024 | 26.57% |
| Oct 31, 2023 | -57.84% |
| Jul 30, 2023 | 29.11% |
| Apr 30, 2023 | 29.24% |
| Jan 29, 2023 | 26.51% |
| Oct 31, 2022 | 28.79% |
| Jul 31, 2022 | 28.97% |
| May 1, 2022 | 24.16% |
| Jan 30, 2022 | 20.12% |
| Oct 31, 2021 | 18.49% |
| Aug 1, 2021 | 16.68% |