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Side-by-side financial comparison of PHOTRONICS INC (PLAB) and STONERIDGE INC (SRI). Click either name above to swap in a different company.
PHOTRONICS INC is the larger business by last-quarter revenue ($210.4M vs $205.2M, roughly 1.0× STONERIDGE INC). On growth, PHOTRONICS INC posted the faster year-over-year revenue change (-5.5% vs -6.0%). PHOTRONICS INC produced more free cash flow last quarter ($25.2M vs $2.6M). Over the past eight quarters, PHOTRONICS INC's revenue compounded faster (-3.8% CAGR vs -7.4%).
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.
Stoneridge Inc is a global designer and manufacturer of advanced electrical and electronic components, integrated systems, and sensor solutions. It serves automotive, commercial vehicle, off-highway, and aerospace sectors, delivering products that boost vehicle safety, efficiency, connectivity, and environmental performance across key global markets.
PLAB vs SRI — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $210.4M | $205.2M |
| Net Profit | $22.9M | — |
| Gross Margin | 33.7% | 16.2% |
| Operating Margin | 22.9% | -14.4% |
| Net Margin | 10.9% | — |
| Revenue YoY | -5.5% | -6.0% |
| Net Profit YoY | -32.4% | — |
| EPS (diluted) | $0.39 | $-2.76 |
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 | — | $205.2M | ||
| Q3 25 | $210.4M | $210.3M | ||
| Q2 25 | $211.0M | $228.0M | ||
| Q1 25 | $212.1M | $217.9M | ||
| Q4 24 | $222.6M | $218.2M | ||
| Q3 24 | $211.0M | $213.8M | ||
| Q2 24 | $217.0M | $237.1M | ||
| Q1 24 | $216.3M | $239.2M |
| Q4 25 | — | — | ||
| Q3 25 | $22.9M | $-9.4M | ||
| Q2 25 | $8.9M | $-9.4M | ||
| Q1 25 | $42.9M | $-7.2M | ||
| Q4 24 | $33.9M | — | ||
| Q3 24 | $34.4M | $-7.1M | ||
| Q2 24 | $36.3M | $2.8M | ||
| Q1 24 | $26.2M | $-6.1M |
| Q4 25 | — | 16.2% | ||
| Q3 25 | 33.7% | 20.3% | ||
| Q2 25 | 36.9% | 21.5% | ||
| Q1 25 | 35.6% | 21.2% | ||
| Q4 24 | 37.0% | 19.5% | ||
| Q3 24 | 35.6% | 20.8% | ||
| Q2 24 | 36.5% | 22.7% | ||
| Q1 24 | 36.6% | 20.2% |
| Q4 25 | — | -14.4% | ||
| Q3 25 | 22.9% | -1.6% | ||
| Q2 25 | 26.4% | -1.1% | ||
| Q1 25 | 24.6% | -1.5% | ||
| Q4 24 | 25.1% | -2.0% | ||
| Q3 24 | 24.7% | 0.1% | ||
| Q2 24 | 25.8% | 1.4% | ||
| Q1 24 | 26.6% | 0.1% |
| Q4 25 | — | — | ||
| Q3 25 | 10.9% | -4.5% | ||
| Q2 25 | 4.2% | -4.1% | ||
| Q1 25 | 20.2% | -3.3% | ||
| Q4 24 | 15.2% | — | ||
| Q3 24 | 16.3% | -3.3% | ||
| Q2 24 | 16.7% | 1.2% | ||
| Q1 24 | 12.1% | -2.6% |
| Q4 25 | — | $-2.76 | ||
| Q3 25 | $0.39 | $-0.34 | ||
| Q2 25 | $0.15 | $-0.34 | ||
| Q1 25 | $0.68 | $-0.26 | ||
| Q4 24 | $0.54 | $-0.22 | ||
| Q3 24 | $0.55 | $-0.26 | ||
| Q2 24 | $0.58 | $0.10 | ||
| Q1 24 | $0.42 | $-0.22 |
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 | $66.3M |
| Total DebtLower is stronger | $16.0K | $180.9M |
| Stockholders' EquityBook value | $1.1B | $179.8M |
| Total Assets | $1.8B | $551.2M |
| Debt / EquityLower = less leverage | 0.00× | 1.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $66.3M | ||
| Q3 25 | $575.8M | $54.0M | ||
| Q2 25 | $558.4M | $49.8M | ||
| Q1 25 | $642.2M | $79.1M | ||
| Q4 24 | $640.7M | $71.8M | ||
| Q3 24 | $606.4M | $54.1M | ||
| Q2 24 | $559.9M | $42.1M | ||
| Q1 24 | $521.5M | $48.4M |
| Q4 25 | — | $180.9M | ||
| Q3 25 | $16.0K | — | ||
| Q2 25 | $19.0K | — | ||
| Q1 25 | $21.0K | — | ||
| Q4 24 | $25.0K | $201.6M | ||
| Q3 24 | $28.0K | — | ||
| Q2 24 | $2.5M | — | ||
| Q1 24 | $2.7M | — |
| Q4 25 | — | $179.8M | ||
| Q3 25 | $1.1B | $251.2M | ||
| Q2 25 | $1.1B | $260.5M | ||
| Q1 25 | $1.1B | $253.1M | ||
| Q4 24 | $1.1B | $245.3M | ||
| Q3 24 | $1.1B | $271.4M | ||
| Q2 24 | $1.0B | $270.5M | ||
| Q1 24 | $1.0B | $277.3M |
| Q4 25 | — | $551.2M | ||
| Q3 25 | $1.8B | $632.1M | ||
| Q2 25 | $1.7B | $639.4M | ||
| Q1 25 | $1.7B | $657.4M | ||
| Q4 24 | $1.7B | $621.6M | ||
| Q3 24 | $1.6B | $662.5M | ||
| Q2 24 | $1.6B | $666.7M | ||
| Q1 24 | $1.6B | $675.4M |
| Q4 25 | — | 1.01× | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | 0.82× | ||
| 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 | $8.8M |
| Free Cash FlowOCF − Capex | $25.2M | $2.6M |
| FCF MarginFCF / Revenue | 12.0% | 1.3% |
| Capex IntensityCapex / Revenue | 11.8% | 3.0% |
| Cash ConversionOCF / Net Profit | 2.19× | — |
| TTM Free Cash FlowTrailing 4 quarters | $64.5M | $12.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $8.8M | ||
| Q3 25 | $50.1M | $3.6M | ||
| Q2 25 | $31.5M | $10.7M | ||
| Q1 25 | $78.5M | $10.9M | ||
| Q4 24 | $68.4M | $19.2M | ||
| Q3 24 | $75.1M | $10.8M | ||
| Q2 24 | $76.5M | $8.7M | ||
| Q1 24 | $41.5M | $9.1M |
| Q4 25 | — | $2.6M | ||
| Q3 25 | $25.2M | $-2.7M | ||
| Q2 25 | $-29.1M | $7.4M | ||
| Q1 25 | $43.3M | $4.8M | ||
| Q4 24 | $25.2M | $14.0M | ||
| Q3 24 | $50.7M | $4.6M | ||
| Q2 24 | $56.5M | $1.5M | ||
| Q1 24 | $-1.8M | $3.3M |
| Q4 25 | — | 1.3% | ||
| Q3 25 | 12.0% | -1.3% | ||
| Q2 25 | -13.8% | 3.3% | ||
| Q1 25 | 20.4% | 2.2% | ||
| Q4 24 | 11.3% | 6.4% | ||
| Q3 24 | 24.0% | 2.2% | ||
| Q2 24 | 26.0% | 0.6% | ||
| Q1 24 | -0.8% | 1.4% |
| Q4 25 | — | 3.0% | ||
| Q3 25 | 11.8% | 3.0% | ||
| Q2 25 | 28.7% | 1.4% | ||
| Q1 25 | 16.6% | 2.8% | ||
| Q4 24 | 19.4% | 2.4% | ||
| Q3 24 | 11.6% | 2.9% | ||
| Q2 24 | 9.2% | 3.0% | ||
| Q1 24 | 20.0% | 2.4% |
| Q4 25 | — | — | ||
| Q3 25 | 2.19× | — | ||
| Q2 25 | 3.55× | — | ||
| Q1 25 | 1.83× | — | ||
| Q4 24 | 2.02× | — | ||
| Q3 24 | 2.18× | — | ||
| Q2 24 | 2.11× | 3.11× | ||
| 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% |
SRI
| Control Devices | $51.7M | 25% |
| Electronics | $38.0M | 19% |
| EE | $34.2M | 17% |
| SE | $28.6M | 14% |
| NL | $24.5M | 12% |
| Stoneridge Brazil | $14.1M | 7% |
| Asia Pacific | $13.1M | 6% |
