vs

Side-by-side financial comparison of PHOTRONICS INC (PLAB) and TEXAS CAPITAL BANCSHARES INC (TCBI). Click either name above to swap in a different company.

TEXAS CAPITAL BANCSHARES INC is the larger business by last-quarter revenue ($324.0M vs $210.4M, roughly 1.5× PHOTRONICS INC). TEXAS CAPITAL BANCSHARES INC runs the higher net margin — 22.8% vs 10.9%, a 11.9% gap on every dollar of revenue. On growth, TEXAS CAPITAL BANCSHARES INC posted the faster year-over-year revenue change (15.5% vs -5.5%). Over the past eight quarters, TEXAS CAPITAL BANCSHARES INC's revenue compounded faster (10.2% 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.

Texas Capital Bank is a bank headquartered in Dallas, Texas. The bank has branches located in every major city in Texas. Its parent bank holding company is Texas Capital Bancshares. It also operates an online-only banking division, Bask Bank.

PLAB vs TCBI — Head-to-Head

Bigger by revenue
TCBI
TCBI
1.5× larger
TCBI
$324.0M
$210.4M
PLAB
Growing faster (revenue YoY)
TCBI
TCBI
+21.0% gap
TCBI
15.5%
-5.5%
PLAB
Higher net margin
TCBI
TCBI
11.9% more per $
TCBI
22.8%
10.9%
PLAB
Faster 2-yr revenue CAGR
TCBI
TCBI
Annualised
TCBI
10.2%
-3.8%
PLAB

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
PLAB
PLAB
TCBI
TCBI
Revenue
$210.4M
$324.0M
Net Profit
$22.9M
$73.8M
Gross Margin
33.7%
Operating Margin
22.9%
Net Margin
10.9%
22.8%
Revenue YoY
-5.5%
15.5%
Net Profit YoY
-32.4%
56.8%
EPS (diluted)
$0.39
$1.56

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.

Revenue
PLAB
PLAB
TCBI
TCBI
Q1 26
$324.0M
Q4 25
$327.5M
Q3 25
$210.4M
$340.4M
Q2 25
$211.0M
$307.5M
Q1 25
$212.1M
$280.5M
Q4 24
$222.6M
$229.6M
Q3 24
$211.0M
$125.3M
Q2 24
$217.0M
$267.0M
Net Profit
PLAB
PLAB
TCBI
TCBI
Q1 26
$73.8M
Q4 25
$100.7M
Q3 25
$22.9M
$105.2M
Q2 25
$8.9M
$77.3M
Q1 25
$42.9M
$47.0M
Q4 24
$33.9M
$71.0M
Q3 24
$34.4M
$-61.3M
Q2 24
$36.3M
$41.7M
Gross Margin
PLAB
PLAB
TCBI
TCBI
Q1 26
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%
Operating Margin
PLAB
PLAB
TCBI
TCBI
Q1 26
Q4 25
40.4%
Q3 25
22.9%
40.5%
Q2 25
26.4%
33.2%
Q1 25
24.6%
21.6%
Q4 24
25.1%
40.7%
Q3 24
24.7%
-63.8%
Q2 24
25.8%
21.9%
Net Margin
PLAB
PLAB
TCBI
TCBI
Q1 26
22.8%
Q4 25
30.7%
Q3 25
10.9%
30.9%
Q2 25
4.2%
25.2%
Q1 25
20.2%
16.8%
Q4 24
15.2%
30.9%
Q3 24
16.3%
-48.9%
Q2 24
16.7%
15.6%
EPS (diluted)
PLAB
PLAB
TCBI
TCBI
Q1 26
$1.56
Q4 25
$2.11
Q3 25
$0.39
$2.18
Q2 25
$0.15
$1.58
Q1 25
$0.68
$0.92
Q4 24
$0.54
$1.43
Q3 24
$0.55
$-1.41
Q2 24
$0.58
$0.80

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PLAB
PLAB
TCBI
TCBI
Cash + ST InvestmentsLiquidity on hand
$575.8M
Total DebtLower is stronger
$16.0K
$878.3M
Stockholders' EquityBook value
$1.1B
$3.6B
Total Assets
$1.8B
$33.5B
Debt / EquityLower = less leverage
0.00×
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLAB
PLAB
TCBI
TCBI
Q1 26
Q4 25
Q3 25
$575.8M
Q2 25
$558.4M
Q1 25
$642.2M
Q4 24
$640.7M
Q3 24
$606.4M
Q2 24
$559.9M
Total Debt
PLAB
PLAB
TCBI
TCBI
Q1 26
$878.3M
Q4 25
$620.6M
Q3 25
$16.0K
$620.4M
Q2 25
$19.0K
$620.3M
Q1 25
$21.0K
$660.5M
Q4 24
$25.0K
$660.3M
Q3 24
$28.0K
$660.2M
Q2 24
$2.5M
$660.0M
Stockholders' Equity
PLAB
PLAB
TCBI
TCBI
Q1 26
$3.6B
Q4 25
$3.6B
Q3 25
$1.1B
$3.6B
Q2 25
$1.1B
$3.5B
Q1 25
$1.1B
$3.4B
Q4 24
$1.1B
$3.4B
Q3 24
$1.1B
$3.4B
Q2 24
$1.0B
$3.2B
Total Assets
PLAB
PLAB
TCBI
TCBI
Q1 26
$33.5B
Q4 25
$31.5B
Q3 25
$1.8B
$32.5B
Q2 25
$1.7B
$31.9B
Q1 25
$1.7B
$31.4B
Q4 24
$1.7B
$30.7B
Q3 24
$1.6B
$31.6B
Q2 24
$1.6B
$29.9B
Debt / Equity
PLAB
PLAB
TCBI
TCBI
Q1 26
0.24×
Q4 25
0.17×
Q3 25
0.00×
0.17×
Q2 25
0.00×
0.18×
Q1 25
0.00×
0.19×
Q4 24
0.00×
0.20×
Q3 24
0.00×
0.20×
Q2 24
0.00×
0.21×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PLAB
PLAB
TCBI
TCBI
Operating Cash FlowLast quarter
$50.1M
Free Cash FlowOCF − Capex
$25.2M
FCF MarginFCF / Revenue
12.0%
Capex IntensityCapex / Revenue
11.8%
Cash ConversionOCF / Net Profit
2.19×
TTM Free Cash FlowTrailing 4 quarters
$64.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLAB
PLAB
TCBI
TCBI
Q1 26
Q4 25
$360.2M
Q3 25
$50.1M
$166.3M
Q2 25
$31.5M
$63.0M
Q1 25
$78.5M
$368.0K
Q4 24
$68.4M
$480.1M
Q3 24
$75.1M
$332.8M
Q2 24
$76.5M
$33.3M
Free Cash Flow
PLAB
PLAB
TCBI
TCBI
Q1 26
Q4 25
$347.6M
Q3 25
$25.2M
$161.3M
Q2 25
$-29.1M
$57.5M
Q1 25
$43.3M
$-2.0M
Q4 24
$25.2M
$415.2M
Q3 24
$50.7M
$317.6M
Q2 24
$56.5M
$11.1M
FCF Margin
PLAB
PLAB
TCBI
TCBI
Q1 26
Q4 25
106.1%
Q3 25
12.0%
47.4%
Q2 25
-13.8%
18.7%
Q1 25
20.4%
-0.7%
Q4 24
11.3%
180.9%
Q3 24
24.0%
253.4%
Q2 24
26.0%
4.1%
Capex Intensity
PLAB
PLAB
TCBI
TCBI
Q1 26
Q4 25
3.8%
Q3 25
11.8%
1.5%
Q2 25
28.7%
1.8%
Q1 25
16.6%
0.9%
Q4 24
19.4%
28.2%
Q3 24
11.6%
12.1%
Q2 24
9.2%
8.3%
Cash Conversion
PLAB
PLAB
TCBI
TCBI
Q1 26
Q4 25
3.58×
Q3 25
2.19×
1.58×
Q2 25
3.55×
0.81×
Q1 25
1.83×
0.01×
Q4 24
2.02×
6.76×
Q3 24
2.18×
Q2 24
2.11×
0.80×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PLAB
PLAB

High End Integrated Circuits$53.6M25%
High End Flat Panel Displays$53.5M25%
KR$43.7M21%
Other$42.1M20%
Mainstream Flat Panel Displays$9.1M4%
Transferred At Point In Time$8.4M4%

TCBI
TCBI

Segment breakdown not available.

Related Comparisons