| Selected Financial Information of Operating Segment |
The following table presents selected financial information with respect to the Company’s single operating segment for the periods ended August 2, 2026 and August 3, 2025:
| | | | | | | | | | | | | | | | | |
| |
| Three Months Ended | |
| Nine Months Ended | |
| |
|
August 2,
2026
| |
August 3,
2025
| |
|
August 2,
2026
| |
|
August 3,
2025
| |
|
Revenue
|
| $ | 216,047 | |
| $ | 210,394 | |
| $ | 651,054 | |
| $ | 633,524 | |
|
Cost of goods sold
|
| | (144,313 | ) |
| | (139,539 | ) |
| | (434,862 | ) |
| | (409,228 | ) |
|
Gross Profit
|
| | 71,734 | |
| | 70,855 | |
| | 216,192 | |
| | 224,296 | |
| |
| | | |
| | | |
| | | |
| | | |
|
Selling, general and
administrative expense
|
| | (22,543 | ) |
| | (18,423 | ) |
| | (64,610 | ) |
| | (55,624 | ) |
|
Research and development
expense
|
| | (3,707 | ) |
| | (4,271 | ) |
| | (9,116 | ) |
| | (12,618 | ) |
|
Other operating income
|
| | 20 | |
| | - | |
| | 76 | |
| | - | |
|
Operating Income
|
| | 45,504 | |
| | 48,161 | |
| | 142,542 | |
| | 156,054 | |
| |
| | | |
| | | |
| | | |
| | | |
|
Other income (expense), net
|
| | 9,368 | |
| | (9,428 | ) |
| | 40,718 | |
| | (10,232 | ) |
|
Income tax provision
|
| | (10,989 | ) |
| | (9,594 | ) |
| | (35,950 | ) |
| | (34,209 | ) |
|
Net income attributable to
noncontrolling interests
|
| | (14,967 | ) |
| | (6,248 | ) |
| | (44,026 | ) |
| | (37,009 | ) |
|
Net income attributable to
Photronics, Inc. shareholders
|
| $ | 28,916 | |
| $ | 22,891 | |
| $ | 103,284 | |
| $ | 74,604 | |
|