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

Photronics (PLAB) has reported Research & Development for 16 consecutive years, with $2.8 million the latest figure, recorded in Q2 2026.

• Research & Development for Q2 2026 came in at $2.8 million, down 31.0% year-over-year; the trailing twelve-month figure through May 2026 was $12.9 million (down 25.24% YoY), and the FY2025 annual result was $15.8 million, down 4.8% from the prior year.
• Research & Development rose to $2.8 million in Q2 2026, from $2.6 million in the prior quarter.
• Across five years, Research & Development topped out at $5.9 million in Q1 2022 and bottomed at $2.6 million in Q1 2026.
• Historically, Research & Development has averaged $3.9 million across 5 years, with a median of $3.8 million in 2022.
• The sharpest annual moves came in 2023 and 2024: Research & Development plunged 44.4% in 2023, then surged 55.55% in 2024.
• Over 5 years, Research & Development stood at $4.0 million in 2022, then dropped by 15.6% to $3.4 million in 2023, then jumped by 55.55% to $5.3 million in 2024, then tumbled by 39.99% to $3.2 million in 2025, then fell by 11.42% to $2.8 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $2.8 million, $2.6 million, and $3.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.