Photronics (PLAB) Research & Development (2011 - 2026)

Photronics' Research & Development history runs 16 years deep, the most recent figure standing at $2.6 million for Q1 2026.

• In Q1 2026, Research & Development fell 39.21% year-over-year to $2.6 million; the TTM figure through Feb 2026 stood at $14.1 million (down 18.85% YoY), while the FY2025 annual figure was $15.8 million, down 4.82% from the prior year.
• Research & Development was $2.6 million for Q1 2026 at Photronics, down from $3.2 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $5.9 million in Q1 2022 to a low of $2.6 million in Q1 2026.
• Historically, Research & Development has averaged $3.9 million across 5 years, with a median of $4.0 million in 2022.
• The sharpest annual moves came in 2023 and 2024: Research & Development slumped 44.4% in 2023, then surged 57.68% in 2024.
• A 5-year view of Research & Development shows it stood at $4.0 million in 2022, then fell by 15.89% to $3.4 million in 2023, then soared by 57.68% to $5.3 million in 2024, then plunged by 40.06% to $3.2 million in 2025, then dropped by 18.67% to $2.6 million in 2026.
• The last three Research & Development figures came in at $2.6 million (Q1 2026), $3.2 million (Q4 2025), and $4.3 million (Q3 2025), per Business Quant data.