Photronics (PLAB) Operating Margin (2011 - 2026)
Photronics (PLAB) posted Operating Margin of 20.09% for Q2 2026, down 17.57% on a QoQ basis from 24.37% in Q1 2026, and down 632.0% year-over-year from 3.78% in Q2 2025.
Analysis
Photronics (PLAB) Operating Margin (2011 - 2026) Analysis & Trends
Photronics has reported Operating Margin for 16 years, with the latest figure at 20.09% in Q2 2026.
- On a quarterly basis, Operating Margin fell 632.0% year-over-year to 20.09% in Q2 2026; TTM through May 2026 was 22.91%, a 229.0% decrease from a year earlier, with the FY2025 full-year figure at 24.51%, down 104.0% from the prior year.
- Operating Margin was 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 20.09% in Q2 2026.
- Average Operating Margin over 5 years is 25.56%, with a median of 25.45% recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Operating Margin soared 1238 bps in 2022, then plunged 632 bps in 2026.
- Over 5 years, Operating Margin stood at 28.79% in 2022, then dropped by 1 bps to 28.48% in 2023, then decreased by 12 bps to 25.08% in 2024, then retreated by 4 bps to 24.15% in 2025, then retreated by 17 bps to 20.09% in 2026.
- The last three Operating Margin figures came in at 20.09% (Q2 2026), 24.37% (Q1 2026), and 24.15% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Entegris | 21.40 Bn | 21.04 Bn | 420.00 Mn | 18.64% |
| 2 | Axt | 4.01 Bn | 3.23 Bn | 21.37 Mn | 21.90% |
| 3 | Universal Display Corp \Pa\ | 3.89 Bn | 3.42 Bn | 115.37 Mn | 35.26% |
| 4 | Photronics | 1.68 Bn | 1.05 Bn | 65.76 Mn | 20.09% |
Historic Data
Download Data
Historic 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 | 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% |