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Side-by-side financial comparison of PHOTRONICS INC (PLAB) and Wingstop Inc. (WING). Click either name above to swap in a different company.

PHOTRONICS INC is the larger business by last-quarter revenue ($210.4M vs $183.7M, roughly 1.1× Wingstop Inc.). Wingstop Inc. runs the higher net margin — 16.3% vs 10.9%, a 5.4% gap on every dollar of revenue. On growth, Wingstop Inc. posted the faster year-over-year revenue change (7.4% vs -5.5%). Over the past eight quarters, Wingstop Inc.'s revenue compounded faster (8.6% 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.

Wingstop Inc. is an American international fast food chain that primarily sells buffalo wings. Wingstop locations are decorated with a 1930s and 1940s pre-jet aviation theme.

PLAB vs WING — Head-to-Head

Bigger by revenue
PLAB
PLAB
1.1× larger
PLAB
$210.4M
$183.7M
WING
Growing faster (revenue YoY)
WING
WING
+12.9% gap
WING
7.4%
-5.5%
PLAB
Higher net margin
WING
WING
5.4% more per $
WING
16.3%
10.9%
PLAB
Faster 2-yr revenue CAGR
WING
WING
Annualised
WING
8.6%
-3.8%
PLAB

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
PLAB
PLAB
WING
WING
Revenue
$210.4M
$183.7M
Net Profit
$22.9M
$29.9M
Gross Margin
33.7%
86.5%
Operating Margin
22.9%
27.4%
Net Margin
10.9%
16.3%
Revenue YoY
-5.5%
7.4%
Net Profit YoY
-32.4%
EPS (diluted)
$0.39
$1.08

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
WING
WING
Q1 26
$183.7M
Q4 25
$175.7M
Q3 25
$210.4M
$175.7M
Q2 25
$211.0M
$174.3M
Q1 25
$212.1M
$171.1M
Q4 24
$222.6M
$161.8M
Q3 24
$211.0M
$162.5M
Q2 24
$217.0M
$155.7M
Net Profit
PLAB
PLAB
WING
WING
Q1 26
$29.9M
Q4 25
$26.8M
Q3 25
$22.9M
$28.5M
Q2 25
$8.9M
$26.8M
Q1 25
$42.9M
$92.3M
Q4 24
$33.9M
$26.8M
Q3 24
$34.4M
$25.7M
Q2 24
$36.3M
$27.5M
Gross Margin
PLAB
PLAB
WING
WING
Q1 26
86.5%
Q4 25
Q3 25
33.7%
Q2 25
36.9%
Q1 25
35.6%
Q4 24
37.0%
85.6%
Q3 24
35.6%
85.0%
Q2 24
36.5%
85.4%
Operating Margin
PLAB
PLAB
WING
WING
Q1 26
27.4%
Q4 25
26.7%
Q3 25
22.9%
27.9%
Q2 25
26.4%
25.9%
Q1 25
24.6%
22.4%
Q4 24
25.1%
25.9%
Q3 24
24.7%
24.5%
Q2 24
25.8%
26.5%
Net Margin
PLAB
PLAB
WING
WING
Q1 26
16.3%
Q4 25
15.2%
Q3 25
10.9%
16.2%
Q2 25
4.2%
15.4%
Q1 25
20.2%
53.9%
Q4 24
15.2%
16.5%
Q3 24
16.3%
15.8%
Q2 24
16.7%
17.7%
EPS (diluted)
PLAB
PLAB
WING
WING
Q1 26
$1.08
Q4 25
$0.99
Q3 25
$0.39
$1.02
Q2 25
$0.15
$0.96
Q1 25
$0.68
$3.24
Q4 24
$0.54
$0.91
Q3 24
$0.55
$0.88
Q2 24
$0.58
$0.93

Balance Sheet & Financial Strength

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

Metric
PLAB
PLAB
WING
WING
Cash + ST InvestmentsLiquidity on hand
$575.8M
$128.8M
Total DebtLower is stronger
$16.0K
Stockholders' EquityBook value
$1.1B
Total Assets
$1.8B
$648.9M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLAB
PLAB
WING
WING
Q1 26
$128.8M
Q4 25
$196.6M
Q3 25
$575.8M
$237.6M
Q2 25
$558.4M
$227.9M
Q1 25
$642.2M
$251.4M
Q4 24
$640.7M
$315.9M
Q3 24
$606.4M
$84.0M
Q2 24
$559.9M
$96.7M
Total Debt
PLAB
PLAB
WING
WING
Q1 26
Q4 25
$1.2B
Q3 25
$16.0K
Q2 25
$19.0K
Q1 25
$21.0K
Q4 24
$25.0K
$1.2B
Q3 24
$28.0K
Q2 24
$2.5M
Stockholders' Equity
PLAB
PLAB
WING
WING
Q1 26
Q4 25
$-736.8M
Q3 25
$1.1B
$-702.6M
Q2 25
$1.1B
$-686.0M
Q1 25
$1.1B
$-715.0M
Q4 24
$1.1B
$-675.6M
Q3 24
$1.1B
$-447.5M
Q2 24
$1.0B
$-437.5M
Total Assets
PLAB
PLAB
WING
WING
Q1 26
$648.9M
Q4 25
$693.4M
Q3 25
$1.8B
$721.0M
Q2 25
$1.7B
$708.3M
Q1 25
$1.7B
$696.8M
Q4 24
$1.7B
$716.2M
Q3 24
$1.6B
$484.8M
Q2 24
$1.6B
$451.8M
Debt / Equity
PLAB
PLAB
WING
WING
Q1 26
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×

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
WING
WING
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
WING
WING
Q1 26
Q4 25
$57.3M
Q3 25
$50.1M
$63.9M
Q2 25
$31.5M
$6.6M
Q1 25
$78.5M
$25.3M
Q4 24
$68.4M
$7.7M
Q3 24
$75.1M
$69.0M
Q2 24
$76.5M
$36.2M
Free Cash Flow
PLAB
PLAB
WING
WING
Q1 26
Q4 25
$34.5M
Q3 25
$25.2M
$61.7M
Q2 25
$-29.1M
$-7.8M
Q1 25
$43.3M
$17.3M
Q4 24
$25.2M
$-8.6M
Q3 24
$50.7M
$54.9M
Q2 24
$56.5M
$25.9M
FCF Margin
PLAB
PLAB
WING
WING
Q1 26
Q4 25
19.6%
Q3 25
12.0%
35.1%
Q2 25
-13.8%
-4.5%
Q1 25
20.4%
10.1%
Q4 24
11.3%
-5.3%
Q3 24
24.0%
33.8%
Q2 24
26.0%
16.6%
Capex Intensity
PLAB
PLAB
WING
WING
Q1 26
Q4 25
13.0%
Q3 25
11.8%
1.3%
Q2 25
28.7%
8.2%
Q1 25
16.6%
4.7%
Q4 24
19.4%
10.1%
Q3 24
11.6%
8.7%
Q2 24
9.2%
6.6%
Cash Conversion
PLAB
PLAB
WING
WING
Q1 26
Q4 25
2.14×
Q3 25
2.19×
2.24×
Q2 25
3.55×
0.25×
Q1 25
1.83×
0.27×
Q4 24
2.02×
0.29×
Q3 24
2.18×
2.68×
Q2 24
2.11×
1.32×

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%

WING
WING

Royalty revenue, franchise fees and other$87.5M48%
Advertising fees$63.3M34%
Company-owned restaurant sales$33.0M18%

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