Photronics (PLAB) Operating Margin (2011 - 2026)

Photronics (PLAB) posted quarterly Operating Margin of 20.09% for Q2 2026, down 632.0% on a YoY basis 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.

  • Operating Margin for Q2 2026 came in at 20.09%, down 632.0% year-over-year; the trailing twelve-month figure through May 2026 was 22.91% (down 229.0% YoY), and the FY2025 annual result was 24.51%, down 104.0% from the prior year.
  • Operating Margin slipped to 20.09% in Q2 2026, from 24.37% in the prior quarter.
  • Across five years, Operating Margin topped out at 29.24% in Q2 2023 and bottomed at 20.09% in Q2 2026.
  • Historically, Operating Margin has averaged 25.56% across 5 years, with a median of 25.45% in 2024.
  • The sharpest annual moves came in 2022 and 2026: Operating Margin soared 1238 bps in 2022, then tumbled 632 bps in 2026.
  • Over 5 years, Operating Margin stood at 28.79% in 2022, then retreated by 1 bps to 28.48% in 2023, then declined by 12 bps to 25.08% in 2024, then dropped by 4 bps to 24.15% in 2025, then dropped 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 Asml Holding 636.08 Bn 620.57 Bn 5.90 Bn 51.98%
2 Applied Materials 406.04 Bn 399.30 Bn 3.95 Bn 31.90%
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn 35.04%
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn 41.21%
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn 36.88%
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn 26.69%
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn 17.44%
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn 11.48%
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn 10.53%
10 Photronics 1.76 Bn 1.13 Bn 65.76 Mn 20.09%

Historic Data

Download Data
DateValue
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 25.08%
Jul 28, 2024 24.72%
Apr 28, 2024 25.83%
Jan 28, 2024 26.57%
Oct 31, 2023 28.48%
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%