Photronics FY26 Q3 net income attributable to shareholders rises 26.32% to USD 28.92 million; revenue increases 2.69% to USD 216.05 million

Photronics posted Q3 revenue of $216.05 million, up 2.7% from a year earlier, as IC demand lifted results.

Net income attributable to shareholders rose 26.3% to $28.92 million; diluted EPS increased to $0.49 from $0.39.

Operating income slipped 5.5% to $45.5 million, while gross margin narrowed 0.5 percentage points to 33.2% on higher manufacturing and labor costs.

Cash and cash equivalents climbed to $549.51 million from $492.26 million since fiscal year-end; short-term investments rose to $123.3 million from $95.91 million.

Capital expenditure payments were $130.41 million year-to-date; fiscal 2026 capex payments are expected at $255 million to $305 million.