Exhibit 99.3

PHOTRONICS, INC.

Condensed Consolidated Balance Sheets

(in thousands)

(Unaudited)

	April 28, 2024		October 31, 2023
Assets
Current assets:
Cash and cash equivalents	$	539,160	$	499,292
Short-term investments		20,732		12,915
Accounts receivable		197,523		194,927
Inventories		54,257		49,963
Other current assets		32,461		28,353
Total current assets		844,133		785,450
Property, plant and equipment, net		729,489		709,244
Other assets		29,831		31,527
Total assets	$	1,603,453	$	1,526,221
Liabilities and Equity
Current liabilities:
Current portion of long-term debt	$	19,318	$	6,621
Accounts payable and accrued liabilities		176,249		178,602
Total current liabilities		195,567		185,223
Long-term debt		2,456		17,998
Other liabilities		37,401		47,391
Photronics, Inc. shareholders' equity		1,034,857		975,008
Noncontrolling interests		333,172		300,601
Total equity		1,368,029		1,275,609
Total liabilities and equity	$	1,603,453	$	1,526,221