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Side-by-side financial comparison of PHOTRONICS INC (PLAB) and ROGERS CORP (ROG). Click either name above to swap in a different company.
PHOTRONICS INC is the larger business by last-quarter revenue ($210.4M vs $200.5M, roughly 1.0× ROGERS CORP). PHOTRONICS INC runs the higher net margin — 10.9% vs 2.2%, a 8.6% gap on every dollar of revenue. On growth, ROGERS CORP posted the faster year-over-year revenue change (5.2% vs -5.5%). PHOTRONICS INC produced more free cash flow last quarter ($25.2M vs $1.1M). Over the past eight quarters, ROGERS CORP's revenue compounded faster (-3.3% 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.
Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.
PLAB vs ROG — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $210.4M | $200.5M |
| Net Profit | $22.9M | $4.5M |
| Gross Margin | 33.7% | 32.2% |
| Operating Margin | 22.9% | — |
| Net Margin | 10.9% | 2.2% |
| Revenue YoY | -5.5% | 5.2% |
| Net Profit YoY | -32.4% | 421.4% |
| EPS (diluted) | $0.39 | $0.25 |
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.
| Q1 26 | — | $200.5M | ||
| Q4 25 | — | $201.5M | ||
| Q3 25 | $210.4M | $216.0M | ||
| Q2 25 | $211.0M | $202.8M | ||
| Q1 25 | $212.1M | $190.5M | ||
| Q4 24 | $222.6M | $192.2M | ||
| Q3 24 | $211.0M | $210.3M | ||
| Q2 24 | $217.0M | $214.2M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | — | $4.6M | ||
| Q3 25 | $22.9M | $8.6M | ||
| Q2 25 | $8.9M | $-73.6M | ||
| Q1 25 | $42.9M | $-1.4M | ||
| Q4 24 | $33.9M | $-500.0K | ||
| Q3 24 | $34.4M | $10.7M | ||
| Q2 24 | $36.3M | $8.1M |
| Q1 26 | — | 32.2% | ||
| Q4 25 | — | 31.5% | ||
| Q3 25 | 33.7% | 33.5% | ||
| Q2 25 | 36.9% | 31.6% | ||
| Q1 25 | 35.6% | 29.9% | ||
| Q4 24 | 37.0% | 32.1% | ||
| Q3 24 | 35.6% | 35.2% | ||
| Q2 24 | 36.5% | 34.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.5% | ||
| Q3 25 | 22.9% | 7.3% | ||
| Q2 25 | 26.4% | -33.3% | ||
| Q1 25 | 24.6% | -0.2% | ||
| Q4 24 | 25.1% | -6.6% | ||
| Q3 24 | 24.7% | 6.9% | ||
| Q2 24 | 25.8% | 5.3% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | — | 2.3% | ||
| Q3 25 | 10.9% | 4.0% | ||
| Q2 25 | 4.2% | -36.3% | ||
| Q1 25 | 20.2% | -0.7% | ||
| Q4 24 | 15.2% | -0.3% | ||
| Q3 24 | 16.3% | 5.1% | ||
| Q2 24 | 16.7% | 3.8% |
| Q1 26 | — | $0.25 | ||
| Q4 25 | — | $0.20 | ||
| Q3 25 | $0.39 | $0.48 | ||
| Q2 25 | $0.15 | $-4.00 | ||
| Q1 25 | $0.68 | $-0.08 | ||
| Q4 24 | $0.54 | $-0.04 | ||
| Q3 24 | $0.55 | $0.58 | ||
| Q2 24 | $0.58 | $0.44 |
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 | $195.8M |
| Total DebtLower is stronger | $16.0K | — |
| Stockholders' EquityBook value | $1.1B | $1.2B |
| Total Assets | $1.8B | $1.4B |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $195.8M | ||
| Q4 25 | — | $197.0M | ||
| Q3 25 | $575.8M | $167.8M | ||
| Q2 25 | $558.4M | $157.2M | ||
| Q1 25 | $642.2M | $175.6M | ||
| Q4 24 | $640.7M | $159.8M | ||
| Q3 24 | $606.4M | $146.4M | ||
| Q2 24 | $559.9M | $119.9M |
| Q1 26 | — | — | ||
| 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 26 | — | $1.2B | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | $1.1B | $1.2B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $1.1B | $1.3B | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.1B | $1.3B | ||
| Q2 24 | $1.0B | $1.3B |
| Q1 26 | — | $1.4B | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | $1.8B | $1.4B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.7B | $1.5B | ||
| Q4 24 | $1.7B | $1.5B | ||
| Q3 24 | $1.6B | $1.5B | ||
| Q2 24 | $1.6B | $1.5B |
| Q1 26 | — | — | ||
| 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× | — |
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 | $5.8M |
| Free Cash FlowOCF − Capex | $25.2M | $1.1M |
| FCF MarginFCF / Revenue | 12.0% | 0.5% |
| Capex IntensityCapex / Revenue | 11.8% | 2.3% |
| Cash ConversionOCF / Net Profit | 2.19× | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | $64.5M | $70.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.8M | ||
| Q4 25 | — | $46.9M | ||
| Q3 25 | $50.1M | $28.9M | ||
| Q2 25 | $31.5M | $13.7M | ||
| Q1 25 | $78.5M | $11.7M | ||
| Q4 24 | $68.4M | $33.7M | ||
| Q3 24 | $75.1M | $42.4M | ||
| Q2 24 | $76.5M | $22.9M |
| Q1 26 | — | $1.1M | ||
| Q4 25 | — | $42.2M | ||
| Q3 25 | $25.2M | $21.2M | ||
| Q2 25 | $-29.1M | $5.6M | ||
| Q1 25 | $43.3M | $2.1M | ||
| Q4 24 | $25.2M | $18.3M | ||
| Q3 24 | $50.7M | $25.2M | ||
| Q2 24 | $56.5M | $8.8M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | — | 20.9% | ||
| Q3 25 | 12.0% | 9.8% | ||
| Q2 25 | -13.8% | 2.8% | ||
| Q1 25 | 20.4% | 1.1% | ||
| Q4 24 | 11.3% | 9.5% | ||
| Q3 24 | 24.0% | 12.0% | ||
| Q2 24 | 26.0% | 4.1% |
| Q1 26 | — | 2.3% | ||
| Q4 25 | — | 2.3% | ||
| Q3 25 | 11.8% | 3.6% | ||
| Q2 25 | 28.7% | 4.0% | ||
| Q1 25 | 16.6% | 5.0% | ||
| Q4 24 | 19.4% | 8.0% | ||
| Q3 24 | 11.6% | 8.2% | ||
| Q2 24 | 9.2% | 6.6% |
| Q1 26 | — | 1.29× | ||
| Q4 25 | — | 10.20× | ||
| Q3 25 | 2.19× | 3.36× | ||
| Q2 25 | 3.55× | — | ||
| Q1 25 | 1.83× | — | ||
| Q4 24 | 2.02× | — | ||
| Q3 24 | 2.18× | 3.96× | ||
| Q2 24 | 2.11× | 2.83× |
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% |
ROG
Segment breakdown not available.
