Photronics (PLAB) Q2 Profit Climbs on Strong Photomask Demand

Photronics Inc. (NASDAQ: PLAB) reported a year-over-year increase in fiscal second-quarter profit on Thursday, May 28, 2026, as semiconductor manufacturers continued to seek advanced photomasks for chip production. The Brookfield, Connecticut-based company said net income for the three months ended April 30 rose from the same period a year earlier, driven by higher revenue across both integrated circuit and flat panel display mask segments. Gross margin expanded, reflecting improved factory utilization and a favorable product mix. While specific financial figures were not immediately disclosed, the photomask supplier noted that design activity among leading-edge chipmakers remains robust, supporting steady order flow. Shares of Photronics edged higher in early trading following the announcement.