Loading...
•
Feb 01
Photronics Q1 2026 Earnings Report
Photronics reported higher revenue and stable profitability in the first quarter of fiscal 2026, driven by record high-end IC revenue.
Key Takeaways
In Q1 FY2026, Photronics generated $225066000 in revenue, up 6.1% year-over-year, with GAAP net income of $42939000 and operating margin of 24.4%, supported by strong IC segment performance.
Revenue increased 6.1% year-over-year to $225066000.
GAAP net income attributable to shareholders was $42939000, or $0.74 per diluted share.
Operating income was $54859000 with a 24.4% operating margin.
IC revenue grew 7% year-over-year to $165300000.
Revenue by Segment
Forward Guidance
For Q2 FY2026, Photronics expects revenue between $212000000 and $220000000 and non-GAAP diluted EPS between $0.49 and $0.55.
Positive Outlook
- Revenue guidance up to $220000000 for Q2 FY2026.
- Non-GAAP EPS guidance up to $0.55 per share.
- Continued strength expected in core operations.
- Ongoing facility expansion plans.
- Geographic revenue diversification strategy progressing.
Challenges Ahead
- Revenue guidance midpoint below Q1 FY2026 revenue.
- Non-GAAP EPS guidance midpoint below Q1 FY2026 non-GAAP EPS.
- Sequential moderation implied in Q2 outlook.
- Exposure to foreign exchange volatility.
- Capital expenditures continue to impact free cash flow.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...