Photronics Inc. FY25 GAAP net income rises 4% to USD 136.4 million

Reuters12-10
Photronics Inc. FY25 GAAP net income rises 4% to USD 136.4 million

Photronics reported net income attributable to shareholders of USD 136.4 million for the full year, with non-GAAP net income attributable to shareholders at USD 120.6 million. For the fourth quarter, net income attributable to shareholders was USD 61.8 million, while non-GAAP net income attributable to shareholders reached USD 34.6 million. Cash generated from operating activities was USD 87.8 million, and the company invested USD 67.5 million in capital expenditures during the period. For the first quarter of fiscal 2026, Photronics expects revenue between USD 217 million and USD 225 million, with non-GAAP net income attributable to shareholders anticipated in the range of USD 0.51 to USD 0.59 per diluted share.

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