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Side-by-side financial comparison of OIL STATES INTERNATIONAL, INC (OIS) 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 $178.5M, roughly 1.2× OIL STATES INTERNATIONAL, INC). PHOTRONICS INC runs the higher net margin — 10.9% vs -65.7%, a 76.6% gap on every dollar of revenue. On growth, OIL STATES INTERNATIONAL, INC posted the faster year-over-year revenue change (8.4% vs -5.5%). OIL STATES INTERNATIONAL, INC produced more free cash flow last quarter ($47.1M vs $25.2M). Over the past eight quarters, OIL STATES INTERNATIONAL, INC's revenue compounded faster (3.3% CAGR vs -3.8%).
Oil States International, Inc. is an American multinational corporation. It focuses on providing services to oil and gas companies. It is a public company listed on the New York Stock Exchange.
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.
OIS vs PLAB — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $178.5M | $210.4M |
| Net Profit | $-117.2M | $22.9M |
| Gross Margin | 10.9% | 33.7% |
| Operating Margin | -63.7% | 22.9% |
| Net Margin | -65.7% | 10.9% |
| Revenue YoY | 8.4% | -5.5% |
| Net Profit YoY | -873.2% | -32.4% |
| EPS (diluted) | $-1.99 | $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 | $178.5M | — | ||
| Q3 25 | $165.2M | $210.4M | ||
| Q2 25 | $165.4M | $211.0M | ||
| Q1 25 | $159.9M | $212.1M | ||
| Q4 24 | $164.6M | $222.6M | ||
| Q3 24 | $174.3M | $211.0M | ||
| Q2 24 | $186.4M | $217.0M | ||
| Q1 24 | $167.3M | $216.3M |
| Q4 25 | $-117.2M | — | ||
| Q3 25 | $1.9M | $22.9M | ||
| Q2 25 | $2.8M | $8.9M | ||
| Q1 25 | $3.2M | $42.9M | ||
| Q4 24 | $15.2M | $33.9M | ||
| Q3 24 | $-14.3M | $34.4M | ||
| Q2 24 | $1.3M | $36.3M | ||
| Q1 24 | $-13.4M | $26.2M |
| Q4 25 | 10.9% | — | ||
| Q3 25 | 22.1% | 33.7% | ||
| Q2 25 | 24.2% | 36.9% | ||
| Q1 25 | 23.3% | 35.6% | ||
| Q4 24 | 23.7% | 37.0% | ||
| Q3 24 | 21.7% | 35.6% | ||
| Q2 24 | 23.8% | 36.5% | ||
| Q1 24 | 21.1% | 36.6% |
| Q4 25 | -63.7% | — | ||
| Q3 25 | 2.9% | 22.9% | ||
| Q2 25 | 3.2% | 26.4% | ||
| Q1 25 | 3.5% | 24.6% | ||
| Q4 24 | 11.2% | 25.1% | ||
| Q3 24 | -6.3% | 24.7% | ||
| Q2 24 | 1.1% | 25.8% | ||
| Q1 24 | -6.7% | 26.6% |
| Q4 25 | -65.7% | — | ||
| Q3 25 | 1.2% | 10.9% | ||
| Q2 25 | 1.7% | 4.2% | ||
| Q1 25 | 2.0% | 20.2% | ||
| Q4 24 | 9.2% | 15.2% | ||
| Q3 24 | -8.2% | 16.3% | ||
| Q2 24 | 0.7% | 16.7% | ||
| Q1 24 | -8.0% | 12.1% |
| Q4 25 | $-1.99 | — | ||
| Q3 25 | $0.03 | $0.39 | ||
| Q2 25 | $0.05 | $0.15 | ||
| Q1 25 | $0.05 | $0.68 | ||
| Q4 24 | $0.24 | $0.54 | ||
| Q3 24 | $-0.23 | $0.55 | ||
| Q2 24 | $0.02 | $0.58 | ||
| Q1 24 | $-0.21 | $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 | $69.9M | $575.8M |
| Total DebtLower is stronger | $1.7M | $16.0K |
| Stockholders' EquityBook value | $573.2M | $1.1B |
| Total Assets | $883.4M | $1.8B |
| Debt / EquityLower = less leverage | 0.00× | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $69.9M | — | ||
| Q3 25 | $67.1M | $575.8M | ||
| Q2 25 | $53.9M | $558.4M | ||
| Q1 25 | $66.8M | $642.2M | ||
| Q4 24 | $65.4M | $640.7M | ||
| Q3 24 | $46.0M | $606.4M | ||
| Q2 24 | $25.2M | $559.9M | ||
| Q1 24 | $24.1M | $521.5M |
| Q4 25 | $1.7M | — | ||
| Q3 25 | $1.9M | $16.0K | ||
| Q2 25 | $1.9M | $19.0K | ||
| Q1 25 | $124.7M | $21.0K | ||
| Q4 24 | $124.7M | $25.0K | ||
| Q3 24 | $124.6M | $28.0K | ||
| Q2 24 | $124.3M | $2.5M | ||
| Q1 24 | $135.6M | $2.7M |
| Q4 25 | $573.2M | — | ||
| Q3 25 | $689.0M | $1.1B | ||
| Q2 25 | $690.6M | $1.1B | ||
| Q1 25 | $683.4M | $1.1B | ||
| Q4 24 | $680.7M | $1.1B | ||
| Q3 24 | $684.8M | $1.1B | ||
| Q2 24 | $690.4M | $1.0B | ||
| Q1 24 | $692.3M | $1.0B |
| Q4 25 | $883.4M | — | ||
| Q3 25 | $1.0B | $1.8B | ||
| Q2 25 | $993.7M | $1.7B | ||
| Q1 25 | $990.7M | $1.7B | ||
| Q4 24 | $1.0B | $1.7B | ||
| Q3 24 | $994.1M | $1.6B | ||
| Q2 24 | $1.0B | $1.6B | ||
| Q1 24 | $1.0B | $1.6B |
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | 0.00× | ||
| Q2 25 | 0.00× | 0.00× | ||
| Q1 25 | 0.18× | 0.00× | ||
| Q4 24 | 0.18× | 0.00× | ||
| Q3 24 | 0.18× | 0.00× | ||
| Q2 24 | 0.18× | 0.00× | ||
| Q1 24 | 0.20× | 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 | $50.1M | $50.1M |
| Free Cash FlowOCF − Capex | $47.1M | $25.2M |
| FCF MarginFCF / Revenue | 26.4% | 12.0% |
| Capex IntensityCapex / Revenue | 1.7% | 11.8% |
| Cash ConversionOCF / Net Profit | — | 2.19× |
| TTM Free Cash FlowTrailing 4 quarters | $73.9M | $64.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $50.1M | — | ||
| Q3 25 | $30.7M | $50.1M | ||
| Q2 25 | $15.0M | $31.5M | ||
| Q1 25 | $9.3M | $78.5M | ||
| Q4 24 | $18.2M | $68.4M | ||
| Q3 24 | $28.8M | $75.1M | ||
| Q2 24 | $10.2M | $76.5M | ||
| Q1 24 | $-11.4M | $41.5M |
| Q4 25 | $47.1M | — | ||
| Q3 25 | $22.0M | $25.2M | ||
| Q2 25 | $4.7M | $-29.1M | ||
| Q1 25 | $137.0K | $43.3M | ||
| Q4 24 | $4.0M | $25.2M | ||
| Q3 24 | $21.4M | $50.7M | ||
| Q2 24 | $4.5M | $56.5M | ||
| Q1 24 | $-21.5M | $-1.8M |
| Q4 25 | 26.4% | — | ||
| Q3 25 | 13.3% | 12.0% | ||
| Q2 25 | 2.8% | -13.8% | ||
| Q1 25 | 0.1% | 20.4% | ||
| Q4 24 | 2.4% | 11.3% | ||
| Q3 24 | 12.3% | 24.0% | ||
| Q2 24 | 2.4% | 26.0% | ||
| Q1 24 | -12.8% | -0.8% |
| Q4 25 | 1.7% | — | ||
| Q3 25 | 5.3% | 11.8% | ||
| Q2 25 | 6.2% | 28.7% | ||
| Q1 25 | 5.7% | 16.6% | ||
| Q4 24 | 8.6% | 19.4% | ||
| Q3 24 | 4.3% | 11.6% | ||
| Q2 24 | 3.1% | 9.2% | ||
| Q1 24 | 6.0% | 20.0% |
| Q4 25 | — | — | ||
| Q3 25 | 16.15× | 2.19× | ||
| Q2 25 | 5.33× | 3.55× | ||
| Q1 25 | 2.94× | 1.83× | ||
| Q4 24 | 1.20× | 2.02× | ||
| Q3 24 | — | 2.18× | ||
| Q2 24 | 7.87× | 2.11× | ||
| Q1 24 | — | 1.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OIS
| Project Driven | $112.6M | 63% |
| Downhole Technologies | $32.1M | 18% |
| Completion And Production Services | $23.1M | 13% |
| Military And Other Products | $10.7M | 6% |
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% |
