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Side-by-side financial comparison of H&R BLOCK INC (HRB) 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 $198.9M, roughly 1.1× H&R BLOCK INC). PHOTRONICS INC runs the higher net margin — 10.9% vs -121.8%, a 132.7% gap on every dollar of revenue. On growth, H&R BLOCK INC posted the faster year-over-year revenue change (11.1% vs -5.5%). PHOTRONICS INC produced more free cash flow last quarter ($25.2M vs $-649.5M). Over the past eight quarters, PHOTRONICS INC's revenue compounded faster (-3.8% CAGR vs -69.8%).

H&R Block, Inc., or H&R Block, is an American tax preparation company operating in Canada, the United States, and Australia. The company was founded in 1955 in Kansas City, Missouri, by brothers Henry W. Bloch and Richard Bloch.

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.

HRB vs PLAB — Head-to-Head

Bigger by revenue
PLAB
PLAB
1.1× larger
PLAB
$210.4M
$198.9M
HRB
Growing faster (revenue YoY)
HRB
HRB
+16.5% gap
HRB
11.1%
-5.5%
PLAB
Higher net margin
PLAB
PLAB
132.7% more per $
PLAB
10.9%
-121.8%
HRB
More free cash flow
PLAB
PLAB
$674.7M more FCF
PLAB
$25.2M
$-649.5M
HRB
Faster 2-yr revenue CAGR
PLAB
PLAB
Annualised
PLAB
-3.8%
-69.8%
HRB

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
HRB
HRB
PLAB
PLAB
Revenue
$198.9M
$210.4M
Net Profit
$-242.2M
$22.9M
Gross Margin
33.7%
Operating Margin
-160.5%
22.9%
Net Margin
-121.8%
10.9%
Revenue YoY
11.1%
-5.5%
Net Profit YoY
0.5%
-32.4%
EPS (diluted)
$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
HRB
HRB
PLAB
PLAB
Q4 25
$198.9M
Q3 25
$203.6M
$210.4M
Q2 25
$1.1B
$211.0M
Q1 25
$2.3B
$212.1M
Q4 24
$179.1M
$222.6M
Q3 24
$193.8M
$211.0M
Q2 24
$1.1B
$217.0M
Q1 24
$2.2B
$216.3M
Net Profit
HRB
HRB
PLAB
PLAB
Q4 25
$-242.2M
Q3 25
$-165.8M
$22.9M
Q2 25
$299.4M
$8.9M
Q1 25
$722.3M
$42.9M
Q4 24
$-243.4M
$33.9M
Q3 24
$-172.6M
$34.4M
Q2 24
$257.8M
$36.3M
Q1 24
$690.7M
$26.2M
Gross Margin
HRB
HRB
PLAB
PLAB
Q4 25
Q3 25
33.7%
Q2 25
36.9%
Q1 25
57.4%
35.6%
Q4 24
37.0%
Q3 24
35.6%
Q2 24
36.5%
Q1 24
57.6%
36.6%
Operating Margin
HRB
HRB
PLAB
PLAB
Q4 25
-160.5%
Q3 25
-106.3%
22.9%
Q2 25
33.1%
26.4%
Q1 25
42.1%
24.6%
Q4 24
-174.4%
25.1%
Q3 24
-119.8%
24.7%
Q2 24
33.0%
25.8%
Q1 24
41.5%
26.6%
Net Margin
HRB
HRB
PLAB
PLAB
Q4 25
-121.8%
Q3 25
-81.5%
10.9%
Q2 25
27.0%
4.2%
Q1 25
31.7%
20.2%
Q4 24
-135.9%
15.2%
Q3 24
-89.0%
16.3%
Q2 24
24.3%
16.7%
Q1 24
31.6%
12.1%
EPS (diluted)
HRB
HRB
PLAB
PLAB
Q4 25
Q3 25
$0.39
Q2 25
$0.15
Q1 25
$5.31
$0.68
Q4 24
$0.54
Q3 24
$0.55
Q2 24
$0.58
Q1 24
$4.86
$0.42

Balance Sheet & Financial Strength

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

Metric
HRB
HRB
PLAB
PLAB
Cash + ST InvestmentsLiquidity on hand
$349.2M
$575.8M
Total DebtLower is stronger
$2.4B
$16.0K
Stockholders' EquityBook value
$-823.1M
$1.1B
Total Assets
$2.9B
$1.8B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HRB
HRB
PLAB
PLAB
Q4 25
$349.2M
Q3 25
$376.4M
$575.8M
Q2 25
$983.3M
$558.4M
Q1 25
$772.9M
$642.2M
Q4 24
$320.1M
$640.7M
Q3 24
$415.9M
$606.4M
Q2 24
$1.1B
$559.9M
Q1 24
$794.6M
$521.5M
Total Debt
HRB
HRB
PLAB
PLAB
Q4 25
$2.4B
Q3 25
$1.7B
$16.0K
Q2 25
$1.1B
$19.0K
Q1 25
$1.1B
$21.0K
Q4 24
$1.9B
$25.0K
Q3 24
$1.5B
$28.0K
Q2 24
$1.5B
$2.5M
Q1 24
$1.5B
$2.7M
Stockholders' Equity
HRB
HRB
PLAB
PLAB
Q4 25
$-823.1M
Q3 25
$-550.9M
$1.1B
Q2 25
$88.9M
$1.1B
Q1 25
$-192.8M
$1.1B
Q4 24
$-872.5M
$1.1B
Q3 24
$-368.1M
$1.1B
Q2 24
$90.6M
$1.0B
Q1 24
$-129.8M
$1.0B
Total Assets
HRB
HRB
PLAB
PLAB
Q4 25
$2.9B
Q3 25
$2.6B
$1.8B
Q2 25
$3.3B
$1.7B
Q1 25
$3.2B
$1.7B
Q4 24
$2.7B
$1.7B
Q3 24
$2.5B
$1.6B
Q2 24
$3.2B
$1.6B
Q1 24
$3.2B
$1.6B
Debt / Equity
HRB
HRB
PLAB
PLAB
Q4 25
Q3 25
0.00×
Q2 25
12.86×
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
16.46×
0.00×
Q1 24
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
HRB
HRB
PLAB
PLAB
Operating Cash FlowLast quarter
$-614.0M
$50.1M
Free Cash FlowOCF − Capex
$-649.5M
$25.2M
FCF MarginFCF / Revenue
-326.6%
12.0%
Capex IntensityCapex / Revenue
17.9%
11.8%
Cash ConversionOCF / Net Profit
2.19×
TTM Free Cash FlowTrailing 4 quarters
$524.1M
$64.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HRB
HRB
PLAB
PLAB
Q4 25
$-614.0M
Q3 25
$-356.8M
$50.1M
Q2 25
$251.6M
$31.5M
Q1 25
$1.3B
$78.5M
Q4 24
$-567.1M
$68.4M
Q3 24
$-328.6M
$75.1M
Q2 24
$300.6M
$76.5M
Q1 24
$1.4B
$41.5M
Free Cash Flow
HRB
HRB
PLAB
PLAB
Q4 25
$-649.5M
Q3 25
$-370.0M
$25.2M
Q2 25
$241.3M
$-29.1M
Q1 25
$1.3B
$43.3M
Q4 24
$-597.4M
$25.2M
Q3 24
$-347.3M
$50.7M
Q2 24
$290.7M
$56.5M
Q1 24
$1.3B
$-1.8M
FCF Margin
HRB
HRB
PLAB
PLAB
Q4 25
-326.6%
Q3 25
-181.8%
12.0%
Q2 25
21.7%
-13.8%
Q1 25
57.2%
20.4%
Q4 24
-333.6%
11.3%
Q3 24
-179.2%
24.0%
Q2 24
27.4%
26.0%
Q1 24
61.4%
-0.8%
Capex Intensity
HRB
HRB
PLAB
PLAB
Q4 25
17.9%
Q3 25
6.5%
11.8%
Q2 25
0.9%
28.7%
Q1 25
1.0%
16.6%
Q4 24
17.0%
19.4%
Q3 24
9.7%
11.6%
Q2 24
0.9%
9.2%
Q1 24
1.0%
20.0%
Cash Conversion
HRB
HRB
PLAB
PLAB
Q4 25
Q3 25
2.19×
Q2 25
0.84×
3.55×
Q1 25
1.83×
1.83×
Q4 24
2.02×
Q3 24
2.18×
Q2 24
1.17×
2.11×
Q1 24
1.97×
1.59×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HRB
HRB

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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