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Side-by-side financial comparison of PHOTRONICS INC (PLAB) and RADIANT LOGISTICS, INC (RLGT). Click either name above to swap in a different company.
RADIANT LOGISTICS, INC is the larger business by last-quarter revenue ($232.1M vs $210.4M, roughly 1.1× PHOTRONICS INC). PHOTRONICS INC runs the higher net margin — 10.9% vs 2.3%, a 8.6% gap on every dollar of revenue. On growth, PHOTRONICS INC posted the faster year-over-year revenue change (-5.5% vs -12.3%). PHOTRONICS INC produced more free cash flow last quarter ($25.2M vs $11.6M). Over the past eight quarters, RADIANT LOGISTICS, INC's revenue compounded faster (12.1% CAGR vs -3.8%).
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.
Radiant Logistics, Inc. is a leading third-party logistics provider offering end-to-end supply chain solutions, domestic and international freight forwarding, warehousing, and last-mile delivery services. It primarily serves North American markets, with key client segments including retail, manufacturing, e-commerce, and industrial sectors, helping businesses optimize logistics workflows and cut operational costs.
PLAB vs RLGT — Head-to-Head
Income Statement — Q3 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $210.4M | $232.1M |
| Net Profit | $22.9M | $5.3M |
| Gross Margin | 33.7% | — |
| Operating Margin | 22.9% | 3.2% |
| Net Margin | 10.9% | 2.3% |
| Revenue YoY | -5.5% | -12.3% |
| Net Profit YoY | -32.4% | -18.0% |
| EPS (diluted) | $0.39 | $0.11 |
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 | — | $232.1M | ||
| Q3 25 | $210.4M | $226.7M | ||
| Q2 25 | $211.0M | $220.6M | ||
| Q1 25 | $212.1M | $214.0M | ||
| Q4 24 | $222.6M | $264.5M | ||
| Q3 24 | $211.0M | $203.6M | ||
| Q2 24 | $217.0M | $206.0M | ||
| Q1 24 | $216.3M | $184.6M |
| Q4 25 | — | $5.3M | ||
| Q3 25 | $22.9M | $1.3M | ||
| Q2 25 | $8.9M | $4.9M | ||
| Q1 25 | $42.9M | $2.5M | ||
| Q4 24 | $33.9M | $6.5M | ||
| Q3 24 | $34.4M | $3.4M | ||
| Q2 24 | $36.3M | $4.8M | ||
| Q1 24 | $26.2M | $-703.0K |
| 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 | — | 3.2% | ||
| Q3 25 | 22.9% | 0.9% | ||
| Q2 25 | 26.4% | 2.4% | ||
| Q1 25 | 24.6% | 1.6% | ||
| Q4 24 | 25.1% | 3.3% | ||
| Q3 24 | 24.7% | 1.9% | ||
| Q2 24 | 25.8% | 2.4% | ||
| Q1 24 | 26.6% | -0.5% |
| Q4 25 | — | 2.3% | ||
| Q3 25 | 10.9% | 0.6% | ||
| Q2 25 | 4.2% | 2.2% | ||
| Q1 25 | 20.2% | 1.2% | ||
| Q4 24 | 15.2% | 2.4% | ||
| Q3 24 | 16.3% | 1.7% | ||
| Q2 24 | 16.7% | 2.3% | ||
| Q1 24 | 12.1% | -0.4% |
| Q4 25 | — | $0.11 | ||
| Q3 25 | $0.39 | $0.03 | ||
| Q2 25 | $0.15 | $0.10 | ||
| Q1 25 | $0.68 | $0.05 | ||
| Q4 24 | $0.54 | $0.13 | ||
| Q3 24 | $0.55 | $0.07 | ||
| Q2 24 | $0.58 | $0.11 | ||
| Q1 24 | $0.42 | $-0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $575.8M | $31.9M |
| Total DebtLower is stronger | $16.0K | — |
| Stockholders' EquityBook value | $1.1B | $229.8M |
| Total Assets | $1.8B | $439.4M |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $31.9M | ||
| Q3 25 | $575.8M | $28.1M | ||
| Q2 25 | $558.4M | $22.9M | ||
| Q1 25 | $642.2M | $19.0M | ||
| Q4 24 | $640.7M | $19.9M | ||
| Q3 24 | $606.4M | $10.4M | ||
| Q2 24 | $559.9M | $24.9M | ||
| Q1 24 | $521.5M | $31.2M |
| 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 | — | $229.8M | ||
| Q3 25 | $1.1B | $225.7M | ||
| Q2 25 | $1.1B | $226.0M | ||
| Q1 25 | $1.1B | $218.2M | ||
| Q4 24 | $1.1B | $214.4M | ||
| Q3 24 | $1.1B | $212.4M | ||
| Q2 24 | $1.0B | $209.4M | ||
| Q1 24 | $1.0B | $206.0M |
| Q4 25 | — | $439.4M | ||
| Q3 25 | $1.8B | $445.3M | ||
| Q2 25 | $1.7B | $426.8M | ||
| Q1 25 | $1.7B | $414.5M | ||
| Q4 24 | $1.7B | $386.8M | ||
| Q3 24 | $1.6B | $375.3M | ||
| Q2 24 | $1.6B | $371.2M | ||
| Q1 24 | $1.6B | $364.0M |
| 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 | $50.1M | $12.4M |
| Free Cash FlowOCF − Capex | $25.2M | $11.6M |
| FCF MarginFCF / Revenue | 12.0% | 5.0% |
| Capex IntensityCapex / Revenue | 11.8% | 0.3% |
| Cash ConversionOCF / Net Profit | 2.19× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $64.5M | $8.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $12.4M | ||
| Q3 25 | $50.1M | $2.5M | ||
| Q2 25 | $31.5M | $3.1M | ||
| Q1 25 | $78.5M | $-5.7M | ||
| Q4 24 | $68.4M | $15.7M | ||
| Q3 24 | $75.1M | $205.0K | ||
| Q2 24 | $76.5M | $1.3M | ||
| Q1 24 | $41.5M | $3.9M |
| Q4 25 | — | $11.6M | ||
| Q3 25 | $25.2M | $977.0K | ||
| Q2 25 | $-29.1M | $2.2M | ||
| Q1 25 | $43.3M | $-6.4M | ||
| Q4 24 | $25.2M | $14.1M | ||
| Q3 24 | $50.7M | $-1.9M | ||
| Q2 24 | $56.5M | $-185.0K | ||
| Q1 24 | $-1.8M | $1.8M |
| Q4 25 | — | 5.0% | ||
| Q3 25 | 12.0% | 0.4% | ||
| Q2 25 | -13.8% | 1.0% | ||
| Q1 25 | 20.4% | -3.0% | ||
| Q4 24 | 11.3% | 5.3% | ||
| Q3 24 | 24.0% | -0.9% | ||
| Q2 24 | 26.0% | -0.1% | ||
| Q1 24 | -0.8% | 1.0% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | 11.8% | 0.7% | ||
| Q2 25 | 28.7% | 0.4% | ||
| Q1 25 | 16.6% | 0.3% | ||
| Q4 24 | 19.4% | 0.6% | ||
| Q3 24 | 11.6% | 1.0% | ||
| Q2 24 | 9.2% | 0.7% | ||
| Q1 24 | 20.0% | 1.2% |
| Q4 25 | — | 2.33× | ||
| Q3 25 | 2.19× | 1.90× | ||
| Q2 25 | 3.55× | 0.63× | ||
| Q1 25 | 1.83× | -2.26× | ||
| Q4 24 | 2.02× | 2.43× | ||
| Q3 24 | 2.18× | 0.06× | ||
| Q2 24 | 2.11× | 0.26× | ||
| Q1 24 | 1.59× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
RLGT
| Transferred Over Time | $201.2M | 87% |
| Other | $25.0M | 11% |
| Value Added Services | $4.2M | 2% |
| Transferred At Point In Time | $1.8M | 1% |
