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Side-by-side financial comparison of PHOTRONICS INC (PLAB) and UNIVERSAL TECHNICAL INSTITUTE INC (UTI). Click either name above to swap in a different company.
UNIVERSAL TECHNICAL INSTITUTE INC is the larger business by last-quarter revenue ($220.8M vs $210.4M, roughly 1.0× PHOTRONICS INC). PHOTRONICS INC runs the higher net margin — 10.9% vs 5.8%, a 5.1% gap on every dollar of revenue. On growth, UNIVERSAL TECHNICAL INSTITUTE INC posted the faster year-over-year revenue change (9.6% vs -5.5%). PHOTRONICS INC produced more free cash flow last quarter ($25.2M vs $-19.2M). Over the past eight quarters, UNIVERSAL TECHNICAL INSTITUTE INC's revenue compounded faster (9.5% 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.
Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.
PLAB vs UTI — Head-to-Head
Income Statement — Q3 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $210.4M | $220.8M |
| Net Profit | $22.9M | $12.8M |
| Gross Margin | 33.7% | — |
| Operating Margin | 22.9% | 7.1% |
| Net Margin | 10.9% | 5.8% |
| Revenue YoY | -5.5% | 9.6% |
| Net Profit YoY | -32.4% | -42.1% |
| EPS (diluted) | $0.39 | $0.23 |
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 | — | $220.8M | ||
| Q3 25 | $210.4M | $222.4M | ||
| Q2 25 | $211.0M | $204.3M | ||
| Q1 25 | $212.1M | $207.4M | ||
| Q4 24 | $222.6M | $201.4M | ||
| Q3 24 | $211.0M | $196.4M | ||
| Q2 24 | $217.0M | $177.5M | ||
| Q1 24 | $216.3M | $184.2M |
| Q4 25 | — | $12.8M | ||
| Q3 25 | $22.9M | $18.8M | ||
| Q2 25 | $8.9M | $10.7M | ||
| Q1 25 | $42.9M | $11.4M | ||
| Q4 24 | $33.9M | $22.2M | ||
| Q3 24 | $34.4M | $18.8M | ||
| Q2 24 | $36.3M | $5.0M | ||
| Q1 24 | $26.2M | $7.8M |
| 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% | — | ||
| Q1 24 | 36.6% | — |
| Q4 25 | — | 7.1% | ||
| Q3 25 | 22.9% | 11.2% | ||
| Q2 25 | 26.4% | 6.9% | ||
| Q1 25 | 24.6% | 8.1% | ||
| Q4 24 | 25.1% | 13.6% | ||
| Q3 24 | 24.7% | 13.3% | ||
| Q2 24 | 25.8% | 4.2% | ||
| Q1 24 | 26.6% | 6.1% |
| Q4 25 | — | 5.8% | ||
| Q3 25 | 10.9% | 8.4% | ||
| Q2 25 | 4.2% | 5.2% | ||
| Q1 25 | 20.2% | 5.5% | ||
| Q4 24 | 15.2% | 11.0% | ||
| Q3 24 | 16.3% | 9.6% | ||
| Q2 24 | 16.7% | 2.8% | ||
| Q1 24 | 12.1% | 4.2% |
| Q4 25 | — | $0.23 | ||
| Q3 25 | $0.39 | $0.33 | ||
| Q2 25 | $0.15 | $0.19 | ||
| Q1 25 | $0.68 | $0.21 | ||
| Q4 24 | $0.54 | $0.40 | ||
| Q3 24 | $0.55 | $0.35 | ||
| Q2 24 | $0.58 | $0.09 | ||
| Q1 24 | $0.42 | $0.14 |
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 | $162.8M |
| Total DebtLower is stronger | $16.0K | $101.4M |
| Stockholders' EquityBook value | $1.1B | $335.9M |
| Total Assets | $1.8B | $834.0M |
| Debt / EquityLower = less leverage | 0.00× | 0.30× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $162.8M | ||
| Q3 25 | $575.8M | $169.1M | ||
| Q2 25 | $558.4M | $70.7M | ||
| Q1 25 | $642.2M | $96.0M | ||
| Q4 24 | $640.7M | $172.0M | ||
| Q3 24 | $606.4M | $161.9M | ||
| Q2 24 | $559.9M | $115.5M | ||
| Q1 24 | $521.5M | $116.1M |
| Q4 25 | — | $101.4M | ||
| Q3 25 | $16.0K | $87.1M | ||
| Q2 25 | $19.0K | $73.8M | ||
| Q1 25 | $21.0K | $94.4M | ||
| Q4 24 | $25.0K | $120.1M | ||
| Q3 24 | $28.0K | $125.7M | ||
| Q2 24 | $2.5M | $137.3M | ||
| Q1 24 | $2.7M | $141.9M |
| Q4 25 | — | $335.9M | ||
| Q3 25 | $1.1B | $328.1M | ||
| Q2 25 | $1.1B | $306.8M | ||
| Q1 25 | $1.1B | $293.9M | ||
| Q4 24 | $1.1B | $280.0M | ||
| Q3 24 | $1.1B | $260.2M | ||
| Q2 24 | $1.0B | $239.4M | ||
| Q1 24 | $1.0B | $232.6M |
| Q4 25 | — | $834.0M | ||
| Q3 25 | $1.8B | $826.1M | ||
| Q2 25 | $1.7B | $740.8M | ||
| Q1 25 | $1.7B | $720.4M | ||
| Q4 24 | $1.7B | $753.8M | ||
| Q3 24 | $1.6B | $744.6M | ||
| Q2 24 | $1.6B | $706.0M | ||
| Q1 24 | $1.6B | $702.1M |
| Q4 25 | — | 0.30× | ||
| Q3 25 | 0.00× | 0.27× | ||
| Q2 25 | 0.00× | 0.24× | ||
| Q1 25 | 0.00× | 0.32× | ||
| Q4 24 | 0.00× | 0.43× | ||
| Q3 24 | 0.00× | 0.48× | ||
| Q2 24 | 0.00× | 0.57× | ||
| Q1 24 | 0.00× | 0.61× |
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 | $3.1M |
| Free Cash FlowOCF − Capex | $25.2M | $-19.2M |
| FCF MarginFCF / Revenue | 12.0% | -8.7% |
| Capex IntensityCapex / Revenue | 11.8% | 10.1% |
| Cash ConversionOCF / Net Profit | 2.19× | 0.24× |
| TTM Free Cash FlowTrailing 4 quarters | $64.5M | $16.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $3.1M | ||
| Q3 25 | $50.1M | $57.1M | ||
| Q2 25 | $31.5M | $18.1M | ||
| Q1 25 | $78.5M | $-789.0K | ||
| Q4 24 | $68.4M | $23.0M | ||
| Q3 24 | $75.1M | $67.5M | ||
| Q2 24 | $76.5M | $10.0M | ||
| Q1 24 | $41.5M | $-2.5M |
| Q4 25 | — | $-19.2M | ||
| Q3 25 | $25.2M | $40.6M | ||
| Q2 25 | $-29.1M | $6.8M | ||
| Q1 25 | $43.3M | $-11.7M | ||
| Q4 24 | $25.2M | $19.6M | ||
| Q3 24 | $50.7M | $60.0M | ||
| Q2 24 | $56.5M | $3.0M | ||
| Q1 24 | $-1.8M | $-8.4M |
| Q4 25 | — | -8.7% | ||
| Q3 25 | 12.0% | 18.3% | ||
| Q2 25 | -13.8% | 3.4% | ||
| Q1 25 | 20.4% | -5.7% | ||
| Q4 24 | 11.3% | 9.7% | ||
| Q3 24 | 24.0% | 30.6% | ||
| Q2 24 | 26.0% | 1.7% | ||
| Q1 24 | -0.8% | -4.6% |
| Q4 25 | — | 10.1% | ||
| Q3 25 | 11.8% | 7.4% | ||
| Q2 25 | 28.7% | 5.5% | ||
| Q1 25 | 16.6% | 5.3% | ||
| Q4 24 | 19.4% | 1.7% | ||
| Q3 24 | 11.6% | 3.8% | ||
| Q2 24 | 9.2% | 4.0% | ||
| Q1 24 | 20.0% | 3.2% |
| Q4 25 | — | 0.24× | ||
| Q3 25 | 2.19× | 3.04× | ||
| Q2 25 | 3.55× | 1.69× | ||
| Q1 25 | 1.83× | -0.07× | ||
| Q4 24 | 2.02× | 1.04× | ||
| Q3 24 | 2.18× | 3.58× | ||
| Q2 24 | 2.11× | 2.01× | ||
| Q1 24 | 1.59× | -0.32× |
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% |
UTI
| UTI | $142.8M | 65% |
| Concorde | $78.0M | 35% |
