vs

Side-by-side financial comparison of PHOTRONICS INC (PLAB) and USANA HEALTH SCIENCES INC (USNA). Click either name above to swap in a different company.

USANA HEALTH SCIENCES INC is the larger business by last-quarter revenue ($226.2M vs $210.4M, roughly 1.1× PHOTRONICS INC). PHOTRONICS INC runs the higher net margin — 10.9% vs 0.1%, a 10.8% gap on every dollar of revenue. On growth, PHOTRONICS INC posted the faster year-over-year revenue change (-5.5% vs -10.0%). Over the past eight quarters, USANA HEALTH SCIENCES INC's revenue compounded faster (3.1% 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.

Usana Health Sciences, Inc., or USANA, is an American multi-level marketing company based in Salt Lake City, Utah. As of 2021, Usana was the 14th largest direct-selling company in the world by revenue. The company manufactures most of its nutritional products, dietary supplements, and skincare products at a Salt Lake City facility. Its products are sold in 24 countries via a network of independent distributors.

PLAB vs USNA — Head-to-Head

Bigger by revenue
USNA
USNA
1.1× larger
USNA
$226.2M
$210.4M
PLAB
Growing faster (revenue YoY)
PLAB
PLAB
+4.5% gap
PLAB
-5.5%
-10.0%
USNA
Higher net margin
PLAB
PLAB
10.8% more per $
PLAB
10.9%
0.1%
USNA
Faster 2-yr revenue CAGR
USNA
USNA
Annualised
USNA
3.1%
-3.8%
PLAB

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
PLAB
PLAB
USNA
USNA
Revenue
$210.4M
$226.2M
Net Profit
$22.9M
$180.0K
Gross Margin
33.7%
78.2%
Operating Margin
22.9%
1.7%
Net Margin
10.9%
0.1%
Revenue YoY
-5.5%
-10.0%
Net Profit YoY
-32.4%
-74.0%
EPS (diluted)
$0.39
$-0.10

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
USNA
USNA
Q4 25
$226.2M
Q3 25
$210.4M
$213.7M
Q2 25
$211.0M
$235.8M
Q1 25
$212.1M
$249.5M
Q4 24
$222.6M
$213.6M
Q3 24
$211.0M
$200.2M
Q2 24
$217.0M
$212.9M
Q1 24
$216.3M
Net Profit
PLAB
PLAB
USNA
USNA
Q4 25
$180.0K
Q3 25
$22.9M
$-6.5M
Q2 25
$8.9M
$9.7M
Q1 25
$42.9M
$9.4M
Q4 24
$33.9M
$4.5M
Q3 24
$34.4M
$10.6M
Q2 24
$36.3M
$10.4M
Q1 24
$26.2M
Gross Margin
PLAB
PLAB
USNA
USNA
Q4 25
78.2%
Q3 25
33.7%
77.2%
Q2 25
36.9%
78.7%
Q1 25
35.6%
79.0%
Q4 24
37.0%
82.0%
Q3 24
35.6%
80.4%
Q2 24
36.5%
81.1%
Q1 24
36.6%
Operating Margin
PLAB
PLAB
USNA
USNA
Q4 25
1.7%
Q3 25
22.9%
0.6%
Q2 25
26.4%
7.1%
Q1 25
24.6%
6.3%
Q4 24
25.1%
3.8%
Q3 24
24.7%
7.8%
Q2 24
25.8%
8.4%
Q1 24
26.6%
Net Margin
PLAB
PLAB
USNA
USNA
Q4 25
0.1%
Q3 25
10.9%
-3.1%
Q2 25
4.2%
4.1%
Q1 25
20.2%
3.8%
Q4 24
15.2%
2.1%
Q3 24
16.3%
5.3%
Q2 24
16.7%
4.9%
Q1 24
12.1%
EPS (diluted)
PLAB
PLAB
USNA
USNA
Q4 25
$-0.10
Q3 25
$0.39
$-0.36
Q2 25
$0.15
$0.52
Q1 25
$0.68
$0.49
Q4 24
$0.54
$0.23
Q3 24
$0.55
$0.56
Q2 24
$0.58
$0.54
Q1 24
$0.42

Balance Sheet & Financial Strength

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

Metric
PLAB
PLAB
USNA
USNA
Cash + ST InvestmentsLiquidity on hand
$575.8M
$158.4M
Total DebtLower is stronger
$16.0K
Stockholders' EquityBook value
$1.1B
Total Assets
$1.8B
$742.9M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLAB
PLAB
USNA
USNA
Q4 25
$158.4M
Q3 25
$575.8M
$145.3M
Q2 25
$558.4M
$151.3M
Q1 25
$642.2M
$179.6M
Q4 24
$640.7M
$181.8M
Q3 24
$606.4M
$364.9M
Q2 24
$559.9M
$332.4M
Q1 24
$521.5M
Total Debt
PLAB
PLAB
USNA
USNA
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
Stockholders' Equity
PLAB
PLAB
USNA
USNA
Q4 25
Q3 25
$1.1B
$528.1M
Q2 25
$1.1B
$531.1M
Q1 25
$1.1B
$529.8M
Q4 24
$1.1B
$532.1M
Q3 24
$1.1B
$533.1M
Q2 24
$1.0B
$512.2M
Q1 24
$1.0B
Total Assets
PLAB
PLAB
USNA
USNA
Q4 25
$742.9M
Q3 25
$1.8B
$726.6M
Q2 25
$1.7B
$734.5M
Q1 25
$1.7B
$746.6M
Q4 24
$1.7B
$748.2M
Q3 24
$1.6B
$671.3M
Q2 24
$1.6B
$631.4M
Q1 24
$1.6B
Debt / Equity
PLAB
PLAB
USNA
USNA
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
PLAB
PLAB
USNA
USNA
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
USNA
USNA
Q4 25
Q3 25
$50.1M
$-2.0M
Q2 25
$31.5M
$12.2M
Q1 25
$78.5M
$15.5M
Q4 24
$68.4M
$5.8M
Q3 24
$75.1M
$29.5M
Q2 24
$76.5M
$8.0M
Q1 24
$41.5M
Free Cash Flow
PLAB
PLAB
USNA
USNA
Q4 25
Q3 25
$25.2M
$-5.2M
Q2 25
$-29.1M
$7.2M
Q1 25
$43.3M
$12.7M
Q4 24
$25.2M
$4.0M
Q3 24
$50.7M
$27.1M
Q2 24
$56.5M
$5.3M
Q1 24
$-1.8M
FCF Margin
PLAB
PLAB
USNA
USNA
Q4 25
Q3 25
12.0%
-2.4%
Q2 25
-13.8%
3.0%
Q1 25
20.4%
5.1%
Q4 24
11.3%
1.9%
Q3 24
24.0%
13.6%
Q2 24
26.0%
2.5%
Q1 24
-0.8%
Capex Intensity
PLAB
PLAB
USNA
USNA
Q4 25
Q3 25
11.8%
1.5%
Q2 25
28.7%
2.1%
Q1 25
16.6%
1.1%
Q4 24
19.4%
0.8%
Q3 24
11.6%
1.2%
Q2 24
9.2%
1.3%
Q1 24
20.0%
Cash Conversion
PLAB
PLAB
USNA
USNA
Q4 25
Q3 25
2.19×
Q2 25
3.55×
1.27×
Q1 25
1.83×
1.65×
Q4 24
2.02×
1.29×
Q3 24
2.18×
2.78×
Q2 24
2.11×
0.77×
Q1 24
1.59×

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%

USNA
USNA

Segment breakdown not available.

Related Comparisons