v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Aug. 02, 2026
Oct. 31, 2025
Current assets:    
Cash and cash equivalents $ 549,513 $ 492,256
Short-term investments 123,298 95,909
Accounts receivable, net [1] 187,730 195,921
Inventories 64,748 61,767
Other current assets 49,567 44,199
Total current assets 974,856 890,052
Property, plant and equipment, net 955,038 854,436
Deferred income taxes 37,682 40,207
Other assets 23,167 19,839
Total assets 1,990,743 1,804,534
Current liabilities:    
Current portion of long-term debt 3,889 11
Accounts payable 117,281 84,209
Accrued liabilities 76,113 81,653
Total current liabilities 197,283 165,873
Long-term debt 4 13
Other liabilities 49,754 41,341
Total liabilities 247,041 207,227
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, 58,195 shares issued and outstanding as of August 2, 2026, and 57,633 shares issued and outstanding as of October 31, 2025 582 576
Additional paid-in capital 496,694 486,934
Retained earnings 874,668 772,199
Accumulated other comprehensive loss (91,250) (86,120)
Total Photronics, Inc. shareholders' equity 1,280,694 1,173,589
Noncontrolling interests 463,008 423,718
Total equity 1,743,702 1,597,307
Total liabilities and equity $ 1,990,743 $ 1,804,534
[1] Accounts receivable, net included amounts due from a related party of $39.7 million and $38.3 million as of August 2, 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 August 2, 2026, and October 31, 2025, respectively.