Photronics reported Q1 FY26 revenue of USD 225.1 million, up 6% from Q1 FY25. Net income was USD 60.1 million, while net income attributable to shareholders was USD 42.94 million. Gross profit was USD 78.7 million and gross margin was 35.0%. Selling, general and administrative expenses were USD 21.3 million, and research and development expenses were USD 2.6 million. Cash and cash equivalents totaled USD 544.1 million, and the company said it expects fiscal 2026 capital expenditure payments of about USD 330 million.
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