Photronics reports Q2 2026 revenue of $209.9M, down 0.5% YoY amid fab headwinds

Photronics reported second quarter 2026 revenue of $209.9 million with GAAP net income of $31.4 million ($0.54 per diluted share), impacted by delayed design releases and elevated fab utilization rates. The company maintains a strong long-term outlook with investments in the U.S. and Korea, though near-term headwinds from memory supply constraints and geopolitical uncertainty are pressuring results.