v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
May 03, 2026
Oct. 31, 2025
Current assets:    
Cash and cash equivalents $ 511,490 $ 492,256
Short-term investments 126,177 95,909
Accounts receivable, net [1] 188,951 195,921
Inventories 67,826 61,767
Other current assets 49,482 44,199
Total current assets 943,926 890,052
Property, plant and equipment, net 927,936 854,436
Deferred income taxes 37,389 40,207
Other assets 21,575 19,839
Total assets 1,930,826 1,804,534
Current liabilities:    
Current portion of long-term debt 11 11
Accounts payable 107,970 84,209
Accrued liabilities 78,984 81,653
Total current liabilities 186,965 165,873
Long-term debt 3,853 13
Other liabilities 46,547 41,341
Total liabilities 237,365 207,227
Commitments and contingencies (Note 12)
Equity:    
Preferred stock, $0.01 par value, 2,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.01 par value, 150,000 shares authorized, 58,152 shares issued and outstanding as of May 3, 2026, and 57,633 shares issued and outstanding as of October 31, 2025 582 576
Additional paid-in capital 492,865 486,934
Retained earnings 845,752 772,199
Accumulated other comprehensive loss (97,949) (86,120)
Total Photronics, Inc. shareholders' equity 1,241,250 1,173,589
Noncontrolling interests 452,211 423,718
Total equity 1,693,461 1,597,307
Total liabilities and equity $ 1,930,826 $ 1,804,534
[1] Accounts receivable, net included amounts due from a related party of $33.3 million and $38.3 million as of May 3, 2026, and October 31, 2025, respectively. The allowance for credit losses included in the Company’s total accounts receivable balance was $1.1 million and $1.2 million as of May 3, 2026, and October 31, 2025, respectively.