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SEGMENT REPORTING
 12 Months Ended
Oct. 31, 2025
SEGMENT REPORTING [Abstract]  
SEGMENT REPORTING
NOTE 18 - SEGMENT REPORTING

The Company operates and manages its business as one operating and reportable segment based on the organizational structure of the Company and information reviewed by the Company’s Chief Executive Officer, who is also the chief operating decision maker (“CODM”). The CODM allocates capital resources across the Company’s entire asset base to maximize profitability without regard to geography, legal entity, or end market basis and evaluates the performance based on consolidated net income attributable to Photronics, Inc. shareholders.
The following table presents selected financial information with respect to the Company’s single operating segment for the years ended October 31, 2025, 2024, and 2023:

   
Year Ended October 31,
  
   
2025
    
2024
    
2023
  
Revenues
  
$
849,294
    
$
866,946
    
$
892,076
  
Cost of goods sold
    
(549,464
)
    
(551,000
)
    
(555,914
)
Gross Profit
    
299,830
      
315,946
      
336,162
  
                         
Selling, general and administrative expense
    
(75,625
)
    
(77,760
)
    
(69,458
)
Research and development expense
    
(15,804
)
    
(16,576
)
    
(13,654
)
Other operating expense
    
(240
)
    
(92
)
    
-
  
Operating Income
    
208,161
      
221,518
      
253,050
  
                         
Non-operating income, net
    
13,623
      
25,897
      
16,896
  
Income tax provision
    
(31,550
)
    
(63,567
)
    
(70,312
)
Net income attributable to noncontrolling interests
    
(53,829
)
    
(53,160
)
    
(74,149
)
Net income attributable to Photronics, Inc. shareholders
    
136,405
      
130,688
      
125,485