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Side-by-side financial comparison of KILROY REALTY CORP (KRC) and PHOTRONICS INC (PLAB). Click either name above to swap in a different company.
KILROY REALTY CORP is the larger business by last-quarter revenue ($272.2M vs $210.4M, roughly 1.3× PHOTRONICS INC). PHOTRONICS INC runs the higher net margin — 10.9% vs 6.3%, a 4.6% gap on every dollar of revenue. On growth, KILROY REALTY CORP posted the faster year-over-year revenue change (-5.0% vs -5.5%). KILROY REALTY CORP produced more free cash flow last quarter ($450.3M vs $25.2M). Over the past eight quarters, KILROY REALTY CORP's revenue compounded faster (-1.2% CAGR vs -3.8%).
Kilroy Realty Corp is a leading U.S. real estate investment trust that develops, owns, and operates premium office, life science, and mixed-use properties primarily across high-growth West Coast markets including Los Angeles, San Francisco, Seattle, and San Diego. It serves tenants across the technology, life sciences, media, and creative sectors, with a core focus on delivering sustainable, future-ready workspaces tailored to modern business needs.
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.
KRC vs PLAB — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $272.2M | $210.4M |
| Net Profit | $17.1M | $22.9M |
| Gross Margin | — | 33.7% |
| Operating Margin | — | 22.9% |
| Net Margin | 6.3% | 10.9% |
| Revenue YoY | -5.0% | -5.5% |
| Net Profit YoY | -73.7% | -32.4% |
| EPS (diluted) | $0.11 | $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.
| Q4 25 | $272.2M | — | ||
| Q3 25 | $279.7M | $210.4M | ||
| Q2 25 | $289.9M | $211.0M | ||
| Q1 25 | $270.8M | $212.1M | ||
| Q4 24 | $286.4M | $222.6M | ||
| Q3 24 | $289.9M | $211.0M | ||
| Q2 24 | $280.7M | $217.0M | ||
| Q1 24 | $278.6M | $216.3M |
| Q4 25 | $17.1M | — | ||
| Q3 25 | $162.3M | $22.9M | ||
| Q2 25 | $79.6M | $8.9M | ||
| Q1 25 | $43.7M | $42.9M | ||
| Q4 24 | $65.0M | $33.9M | ||
| Q3 24 | $57.7M | $34.4M | ||
| Q2 24 | $54.5M | $36.3M | ||
| Q1 24 | $55.7M | $26.2M |
| 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% | ||
| Q1 24 | — | 36.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | 22.9% | ||
| Q2 25 | — | 26.4% | ||
| Q1 25 | — | 24.6% | ||
| Q4 24 | — | 25.1% | ||
| Q3 24 | — | 24.7% | ||
| Q2 24 | — | 25.8% | ||
| Q1 24 | — | 26.6% |
| Q4 25 | 6.3% | — | ||
| Q3 25 | 58.0% | 10.9% | ||
| Q2 25 | 27.4% | 4.2% | ||
| Q1 25 | 16.1% | 20.2% | ||
| Q4 24 | 22.7% | 15.2% | ||
| Q3 24 | 19.9% | 16.3% | ||
| Q2 24 | 19.4% | 16.7% | ||
| Q1 24 | 20.0% | 12.1% |
| Q4 25 | $0.11 | — | ||
| Q3 25 | $1.31 | $0.39 | ||
| Q2 25 | $0.57 | $0.15 | ||
| Q1 25 | $0.33 | $0.68 | ||
| Q4 24 | $0.50 | $0.54 | ||
| Q3 24 | $0.44 | $0.55 | ||
| Q2 24 | $0.41 | $0.58 | ||
| Q1 24 | $0.42 | $0.42 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $179.3M | $575.8M |
| Total DebtLower is stronger | — | $16.0K |
| Stockholders' EquityBook value | $5.4B | $1.1B |
| Total Assets | $10.9B | $1.8B |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $179.3M | — | ||
| Q3 25 | $372.4M | $575.8M | ||
| Q2 25 | $193.1M | $558.4M | ||
| Q1 25 | $146.7M | $642.2M | ||
| Q4 24 | $165.7M | $640.7M | ||
| Q3 24 | $625.4M | $606.4M | ||
| Q2 24 | $835.9M | $559.9M | ||
| Q1 24 | $855.0M | $521.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | $16.0K | ||
| Q2 25 | — | $19.0K | ||
| Q1 25 | — | $21.0K | ||
| Q4 24 | — | $25.0K | ||
| Q3 24 | — | $28.0K | ||
| Q2 24 | — | $2.5M | ||
| Q1 24 | — | $2.7M |
| Q4 25 | $5.4B | — | ||
| Q3 25 | $5.5B | $1.1B | ||
| Q2 25 | $5.4B | $1.1B | ||
| Q1 25 | $5.4B | $1.1B | ||
| Q4 24 | $5.4B | $1.1B | ||
| Q3 24 | $5.4B | $1.1B | ||
| Q2 24 | $5.4B | $1.0B | ||
| Q1 24 | $5.4B | $1.0B |
| Q4 25 | $10.9B | — | ||
| Q3 25 | $11.0B | $1.8B | ||
| Q2 25 | $10.9B | $1.7B | ||
| Q1 25 | $10.9B | $1.7B | ||
| Q4 24 | $10.9B | $1.7B | ||
| Q3 24 | $11.4B | $1.6B | ||
| Q2 24 | $11.5B | $1.6B | ||
| Q1 24 | $11.6B | $1.6B |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $566.3M | $50.1M |
| Free Cash FlowOCF − Capex | $450.3M | $25.2M |
| FCF MarginFCF / Revenue | 165.4% | 12.0% |
| Capex IntensityCapex / Revenue | 42.6% | 11.8% |
| Cash ConversionOCF / Net Profit | 33.10× | 2.19× |
| TTM Free Cash FlowTrailing 4 quarters | $833.0M | $64.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $566.3M | — | ||
| Q3 25 | $176.6M | $50.1M | ||
| Q2 25 | $143.7M | $31.5M | ||
| Q1 25 | $136.9M | $78.5M | ||
| Q4 24 | $541.1M | $68.4M | ||
| Q3 24 | $176.3M | $75.1M | ||
| Q2 24 | $88.7M | $76.5M | ||
| Q1 24 | $167.9M | $41.5M |
| Q4 25 | $450.3M | — | ||
| Q3 25 | $148.7M | $25.2M | ||
| Q2 25 | $118.4M | $-29.1M | ||
| Q1 25 | $115.6M | $43.3M | ||
| Q4 24 | $440.8M | $25.2M | ||
| Q3 24 | $147.2M | $50.7M | ||
| Q2 24 | $69.5M | $56.5M | ||
| Q1 24 | $151.9M | $-1.8M |
| Q4 25 | 165.4% | — | ||
| Q3 25 | 53.1% | 12.0% | ||
| Q2 25 | 40.9% | -13.8% | ||
| Q1 25 | 42.7% | 20.4% | ||
| Q4 24 | 153.9% | 11.3% | ||
| Q3 24 | 50.8% | 24.0% | ||
| Q2 24 | 24.7% | 26.0% | ||
| Q1 24 | 54.5% | -0.8% |
| Q4 25 | 42.6% | — | ||
| Q3 25 | 10.0% | 11.8% | ||
| Q2 25 | 8.7% | 28.7% | ||
| Q1 25 | 7.9% | 16.6% | ||
| Q4 24 | 35.0% | 19.4% | ||
| Q3 24 | 10.1% | 11.6% | ||
| Q2 24 | 6.8% | 9.2% | ||
| Q1 24 | 5.7% | 20.0% |
| Q4 25 | 33.10× | — | ||
| Q3 25 | 1.09× | 2.19× | ||
| Q2 25 | 1.81× | 3.55× | ||
| Q1 25 | 3.13× | 1.83× | ||
| Q4 24 | 8.32× | 2.02× | ||
| Q3 24 | 3.06× | 2.18× | ||
| Q2 24 | 1.63× | 2.11× | ||
| Q1 24 | 3.01× | 1.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KRC
Segment breakdown not available.
PLAB
| High End Integrated Circuits | $53.6M | 25% |
| High End Flat Panel Displays | $53.5M | 25% |
| KR | $43.7M | 21% |
| Other | $42.1M | 20% |
| Mainstream Flat Panel Displays | $9.1M | 4% |
| Transferred At Point In Time | $8.4M | 4% |
