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Side-by-side financial comparison of PHOTRONICS INC (PLAB) and TRUPANION, INC. (TRUP). Click either name above to swap in a different company.
TRUPANION, INC. is the larger business by last-quarter revenue ($376.9M vs $210.4M, roughly 1.8× PHOTRONICS INC). On growth, TRUPANION, INC. posted the faster year-over-year revenue change (11.7% vs -5.5%). TRUPANION, INC. produced more free cash flow last quarter ($25.3M vs $25.2M). Over the past eight quarters, TRUPANION, INC.'s revenue compounded faster (11.0% 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.
TRUPANION, INC.TRUPEarnings & Financial Report
Trupanion, Inc. is a pet insurance provider headquartered in Seattle, Washington. Established in 1998, Trupanion operates across the United States, Canada, Australia, and Puerto Rico. The company offers coverage for pets and is self-underwritten by the American Pet Insurance Company (APIC).
PLAB vs TRUP — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $210.4M | $376.9M |
| Net Profit | $22.9M | — |
| Gross Margin | 33.7% | 17.3% |
| Operating Margin | 22.9% | 1.9% |
| Net Margin | 10.9% | — |
| Revenue YoY | -5.5% | 11.7% |
| Net Profit YoY | -32.4% | — |
| EPS (diluted) | $0.39 | $0.13 |
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 | — | $376.9M | ||
| Q3 25 | $210.4M | $366.9M | ||
| Q2 25 | $211.0M | $353.6M | ||
| Q1 25 | $212.1M | $342.0M | ||
| Q4 24 | $222.6M | $337.3M | ||
| Q3 24 | $211.0M | $327.5M | ||
| Q2 24 | $217.0M | $314.8M | ||
| Q1 24 | $216.3M | $306.1M |
| Q4 25 | — | — | ||
| Q3 25 | $22.9M | — | ||
| Q2 25 | $8.9M | — | ||
| Q1 25 | $42.9M | — | ||
| Q4 24 | $33.9M | — | ||
| Q3 24 | $34.4M | — | ||
| Q2 24 | $36.3M | — | ||
| Q1 24 | $26.2M | — |
| Q4 25 | — | 17.3% | ||
| Q3 25 | 33.7% | 16.4% | ||
| Q2 25 | 36.9% | 15.5% | ||
| Q1 25 | 35.6% | 14.9% | ||
| Q4 24 | 37.0% | 15.7% | ||
| Q3 24 | 35.6% | 15.1% | ||
| Q2 24 | 36.5% | 12.8% | ||
| Q1 24 | 36.6% | 11.8% |
| Q4 25 | — | 1.9% | ||
| Q3 25 | 22.9% | 1.6% | ||
| Q2 25 | 26.4% | 0.7% | ||
| Q1 25 | 24.6% | -0.4% | ||
| Q4 24 | 25.1% | 0.1% | ||
| Q3 24 | 24.7% | 0.5% | ||
| Q2 24 | 25.8% | -1.7% | ||
| Q1 24 | 26.6% | -2.0% |
| Q4 25 | — | — | ||
| Q3 25 | 10.9% | — | ||
| Q2 25 | 4.2% | — | ||
| Q1 25 | 20.2% | — | ||
| Q4 24 | 15.2% | — | ||
| Q3 24 | 16.3% | — | ||
| Q2 24 | 16.7% | — | ||
| Q1 24 | 12.1% | — |
| Q4 25 | — | $0.13 | ||
| Q3 25 | $0.39 | $0.13 | ||
| Q2 25 | $0.15 | $0.22 | ||
| Q1 25 | $0.68 | $-0.03 | ||
| Q4 24 | $0.54 | $0.04 | ||
| Q3 24 | $0.55 | $0.03 | ||
| Q2 24 | $0.58 | $-0.14 | ||
| Q1 24 | $0.42 | $-0.16 |
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 | $370.7M |
| Total DebtLower is stronger | $16.0K | $101.8M |
| Stockholders' EquityBook value | $1.1B | $383.9M |
| Total Assets | $1.8B | $915.0M |
| Debt / EquityLower = less leverage | 0.00× | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $370.7M | ||
| Q3 25 | $575.8M | $348.5M | ||
| Q2 25 | $558.4M | $319.6M | ||
| Q1 25 | $642.2M | $321.8M | ||
| Q4 24 | $640.7M | $307.4M | ||
| Q3 24 | $606.4M | $293.1M | ||
| Q2 24 | $559.9M | $277.2M | ||
| Q1 24 | $521.5M | $275.2M |
| Q4 25 | — | $101.8M | ||
| Q3 25 | $16.0K | — | ||
| Q2 25 | $19.0K | — | ||
| Q1 25 | $21.0K | — | ||
| Q4 24 | $25.0K | $127.5M | ||
| Q3 24 | $28.0K | — | ||
| Q2 24 | $2.5M | — | ||
| Q1 24 | $2.7M | — |
| Q4 25 | — | $383.9M | ||
| Q3 25 | $1.1B | $368.6M | ||
| Q2 25 | $1.1B | $355.5M | ||
| Q1 25 | $1.1B | $333.7M | ||
| Q4 24 | $1.1B | $323.3M | ||
| Q3 24 | $1.1B | $320.2M | ||
| Q2 24 | $1.0B | $305.8M | ||
| Q1 24 | $1.0B | $303.4M |
| Q4 25 | — | $915.0M | ||
| Q3 25 | $1.8B | $880.2M | ||
| Q2 25 | $1.7B | $847.8M | ||
| Q1 25 | $1.7B | $837.2M | ||
| Q4 24 | $1.7B | $806.9M | ||
| Q3 24 | $1.6B | $816.1M | ||
| Q2 24 | $1.6B | $795.9M | ||
| Q1 24 | $1.6B | $789.5M |
| Q4 25 | — | 0.27× | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | 0.39× | ||
| 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 | $29.3M |
| Free Cash FlowOCF − Capex | $25.2M | $25.3M |
| FCF MarginFCF / Revenue | 12.0% | 6.7% |
| Capex IntensityCapex / Revenue | 11.8% | 1.0% |
| Cash ConversionOCF / Net Profit | 2.19× | — |
| TTM Free Cash FlowTrailing 4 quarters | $64.5M | $75.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $29.3M | ||
| Q3 25 | $50.1M | $29.2M | ||
| Q2 25 | $31.5M | $15.0M | ||
| Q1 25 | $78.5M | $16.0M | ||
| Q4 24 | $68.4M | $23.7M | ||
| Q3 24 | $75.1M | $15.3M | ||
| Q2 24 | $76.5M | $6.9M | ||
| Q1 24 | $41.5M | $2.4M |
| Q4 25 | — | $25.3M | ||
| Q3 25 | $25.2M | $23.9M | ||
| Q2 25 | $-29.1M | $12.0M | ||
| Q1 25 | $43.3M | $14.0M | ||
| Q4 24 | $25.2M | $21.8M | ||
| Q3 24 | $50.7M | $13.4M | ||
| Q2 24 | $56.5M | $4.0M | ||
| Q1 24 | $-1.8M | $-631.0K |
| Q4 25 | — | 6.7% | ||
| Q3 25 | 12.0% | 6.5% | ||
| Q2 25 | -13.8% | 3.4% | ||
| Q1 25 | 20.4% | 4.1% | ||
| Q4 24 | 11.3% | 6.5% | ||
| Q3 24 | 24.0% | 4.1% | ||
| Q2 24 | 26.0% | 1.3% | ||
| Q1 24 | -0.8% | -0.2% |
| Q4 25 | — | 1.0% | ||
| Q3 25 | 11.8% | 1.4% | ||
| Q2 25 | 28.7% | 0.8% | ||
| Q1 25 | 16.6% | 0.6% | ||
| Q4 24 | 19.4% | 0.6% | ||
| Q3 24 | 11.6% | 0.6% | ||
| Q2 24 | 9.2% | 0.9% | ||
| Q1 24 | 20.0% | 1.0% |
| 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× | — | ||
| 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% |
TRUP
| Subscriptionbusiness | $261.4M | 69% |
| Other | $115.4M | 31% |
