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Side-by-side financial comparison of FIRST COMMONWEALTH FINANCIAL CORP (FCF) and PHOTRONICS INC (PLAB). Click either name above to swap in a different company.

PHOTRONICS INC is the larger business by last-quarter revenue ($210.4M vs $133.7M, roughly 1.6× FIRST COMMONWEALTH FINANCIAL CORP). FIRST COMMONWEALTH FINANCIAL CORP runs the higher net margin — 28.1% vs 10.9%, a 17.2% gap on every dollar of revenue. On growth, FIRST COMMONWEALTH FINANCIAL CORP posted the faster year-over-year revenue change (13.0% vs -5.5%). Over the past eight quarters, FIRST COMMONWEALTH FINANCIAL CORP's revenue compounded faster (5.5% CAGR vs -3.8%).

First Commonwealth Financial Corp is a Pennsylvania-based regional financial services holding company. It offers consumer and commercial banking products, loans, wealth management, and insurance services for individuals, small and mid-sized enterprises across central and western Pennsylvania and Ohio.

Photronics, Inc. is an American semiconductor photomask manufacturer. It was the third largest photomask supplier globally as of 2009. Photronics is a member of the eBeam Initiative.

FCF vs PLAB — Head-to-Head

Bigger by revenue
PLAB
PLAB
1.6× larger
PLAB
$210.4M
$133.7M
FCF
Growing faster (revenue YoY)
FCF
FCF
+18.5% gap
FCF
13.0%
-5.5%
PLAB
Higher net margin
FCF
FCF
17.2% more per $
FCF
28.1%
10.9%
PLAB
Faster 2-yr revenue CAGR
FCF
FCF
Annualised
FCF
5.5%
-3.8%
PLAB

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
FCF
FCF
PLAB
PLAB
Revenue
$133.7M
$210.4M
Net Profit
$37.5M
$22.9M
Gross Margin
33.7%
Operating Margin
22.9%
Net Margin
28.1%
10.9%
Revenue YoY
13.0%
-5.5%
Net Profit YoY
14.8%
-32.4%
EPS (diluted)
$0.37
$0.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FCF
FCF
PLAB
PLAB
Q1 26
$133.7M
Q4 25
$137.9M
Q3 25
$136.0M
$210.4M
Q2 25
$131.0M
$211.0M
Q1 25
$118.0M
$212.1M
Q4 24
$120.4M
$222.6M
Q3 24
$121.2M
$211.0M
Q2 24
$120.2M
$217.0M
Net Profit
FCF
FCF
PLAB
PLAB
Q1 26
$37.5M
Q4 25
$44.9M
Q3 25
$41.3M
$22.9M
Q2 25
$33.4M
$8.9M
Q1 25
$32.7M
$42.9M
Q4 24
$35.8M
$33.9M
Q3 24
$32.1M
$34.4M
Q2 24
$37.1M
$36.3M
Gross Margin
FCF
FCF
PLAB
PLAB
Q1 26
Q4 25
Q3 25
33.7%
Q2 25
36.9%
Q1 25
35.6%
Q4 24
37.0%
Q3 24
35.6%
Q2 24
36.5%
Operating Margin
FCF
FCF
PLAB
PLAB
Q1 26
Q4 25
40.9%
Q3 25
38.1%
22.9%
Q2 25
32.1%
26.4%
Q1 25
34.8%
24.6%
Q4 24
37.1%
25.1%
Q3 24
33.4%
24.7%
Q2 24
38.7%
25.8%
Net Margin
FCF
FCF
PLAB
PLAB
Q1 26
28.1%
Q4 25
32.5%
Q3 25
30.4%
10.9%
Q2 25
25.5%
4.2%
Q1 25
27.7%
20.2%
Q4 24
29.8%
15.2%
Q3 24
26.5%
16.3%
Q2 24
30.9%
16.7%
EPS (diluted)
FCF
FCF
PLAB
PLAB
Q1 26
$0.37
Q4 25
$0.44
Q3 25
$0.39
$0.39
Q2 25
$0.32
$0.15
Q1 25
$0.32
$0.68
Q4 24
$0.35
$0.54
Q3 24
$0.31
$0.55
Q2 24
$0.36
$0.58

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FCF
FCF
PLAB
PLAB
Cash + ST InvestmentsLiquidity on hand
$575.8M
Total DebtLower is stronger
$154.9M
$16.0K
Stockholders' EquityBook value
$1.6B
$1.1B
Total Assets
$12.3B
$1.8B
Debt / EquityLower = less leverage
0.10×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCF
FCF
PLAB
PLAB
Q1 26
Q4 25
Q3 25
$575.8M
Q2 25
$558.4M
Q1 25
$642.2M
Q4 24
$640.7M
Q3 24
$606.4M
Q2 24
$559.9M
Total Debt
FCF
FCF
PLAB
PLAB
Q1 26
$154.9M
Q4 25
$261.7M
Q3 25
$262.1M
$16.0K
Q2 25
$262.4M
$19.0K
Q1 25
$262.7M
$21.0K
Q4 24
$263.0M
$25.0K
Q3 24
$136.3M
$28.0K
Q2 24
$136.6M
$2.5M
Stockholders' Equity
FCF
FCF
PLAB
PLAB
Q1 26
$1.6B
Q4 25
$1.6B
Q3 25
$1.5B
$1.1B
Q2 25
$1.5B
$1.1B
Q1 25
$1.4B
$1.1B
Q4 24
$1.4B
$1.1B
Q3 24
$1.4B
$1.1B
Q2 24
$1.4B
$1.0B
Total Assets
FCF
FCF
PLAB
PLAB
Q1 26
$12.3B
Q4 25
$12.3B
Q3 25
$12.3B
$1.8B
Q2 25
$12.2B
$1.7B
Q1 25
$11.8B
$1.7B
Q4 24
$11.6B
$1.7B
Q3 24
$12.0B
$1.6B
Q2 24
$11.6B
$1.6B
Debt / Equity
FCF
FCF
PLAB
PLAB
Q1 26
0.10×
Q4 25
0.17×
Q3 25
0.17×
0.00×
Q2 25
0.17×
0.00×
Q1 25
0.18×
0.00×
Q4 24
0.19×
0.00×
Q3 24
0.10×
0.00×
Q2 24
0.10×
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FCF
FCF
PLAB
PLAB
Operating Cash FlowLast quarter
$50.1M
Free Cash FlowOCF − Capex
$25.2M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
11.8%
Cash ConversionOCF / Net Profit
2.19×
TTM Free Cash FlowTrailing 4 quarters
$64.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCF
FCF
PLAB
PLAB
Q1 26
Q4 25
$187.5M
Q3 25
$49.5M
$50.1M
Q2 25
$30.4M
$31.5M
Q1 25
$55.9M
$78.5M
Q4 24
$129.5M
$68.4M
Q3 24
$53.6M
$75.1M
Q2 24
$22.7M
$76.5M
Free Cash Flow
FCF
FCF
PLAB
PLAB
Q1 26
Q4 25
$171.5M
Q3 25
$25.2M
Q2 25
$-29.1M
Q1 25
$43.3M
Q4 24
$113.9M
$25.2M
Q3 24
$50.7M
Q2 24
$56.5M
FCF Margin
FCF
FCF
PLAB
PLAB
Q1 26
Q4 25
124.3%
Q3 25
12.0%
Q2 25
-13.8%
Q1 25
20.4%
Q4 24
94.6%
11.3%
Q3 24
24.0%
Q2 24
26.0%
Capex Intensity
FCF
FCF
PLAB
PLAB
Q1 26
Q4 25
11.7%
Q3 25
11.8%
Q2 25
28.7%
Q1 25
16.6%
Q4 24
12.9%
19.4%
Q3 24
11.6%
Q2 24
9.2%
Cash Conversion
FCF
FCF
PLAB
PLAB
Q1 26
Q4 25
4.18×
Q3 25
1.20×
2.19×
Q2 25
0.91×
3.55×
Q1 25
1.71×
1.83×
Q4 24
3.61×
2.02×
Q3 24
1.67×
2.18×
Q2 24
0.61×
2.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FCF
FCF

Segment breakdown not available.

PLAB
PLAB

High End Integrated Circuits$53.6M25%
High End Flat Panel Displays$53.5M25%
KR$43.7M21%
Other$42.1M20%
Mainstream Flat Panel Displays$9.1M4%
Transferred At Point In Time$8.4M4%

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