FormFactor, Inc. FormFactor, Inc. (FORM)

Nasdaq: FORM · Semiconductors & Related Devices · Livermore, CA · filing with the SEC since 2002

Grade5.8

◀ Past 6.8● Present 6.3▶ Future 4.3

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 27, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020	Dec 28, 2019	Dec 29, 2018	Dec 30, 2017	Dec 31, 2016
Report filed	Feb 20, 2026	Feb 21, 2025	Feb 23, 2024	Feb 24, 2023	Feb 18, 2022	Feb 22, 2021	Feb 21, 2020	Feb 26, 2019	Feb 27, 2018	Mar 15, 2017
Revenue	784,993	763,599	663,102	747,937	769,674	693,616	589,464	529,675	548,441	383,881
Cost of revenue	476,142	455,676	404,522	451,928	446,907	405,696	351,968	319,336	332,844	281,199
Gross profit	308,851	307,923	258,580	296,009	322,767	287,920	237,496	210,339	215,597	102,682
Research and development	115,682	121,938	115,765	109,222	100,937	89,034	81,499	74,976	73,807	57,453
Selling, general and administrative	133,074	141,786	133,012	131,875	123,792	115,098	106,335	99,254^r	95,489^r	73,444
General and administrative	62,866	67,169	57,870	50,762	·	·	·	·	·	·
Total operating expenses	251,781	263,724	248,777	241,097	224,729	204,132	187,834	174,230	169,296	150,589
Operating income	57,070	64,780	82,756	54,912	98,038	83,788	49,662	36,109	46,301	-47,907
Interest expense	521	418	421	579	602	864	1,915	3,314	4,491	2,391
Interest and investment income	10,640	14,111	7,217	2,220	569	1,501	2,714	1,356	548	327
Share of profit of equity-method investments	-2,026	0	0	·	·	·	·	·	·	·
Other income (expense), net	2,202	939	-285	1,317	495	750	602	-224	-152	-224^r
Income before income taxes	69,391	79,412	89,267	57,870	98,500	85,175	51,063	33,927	42,206	-50,195
Income tax expense	13,004	9,798	6,880	7,132	14,576	6,652	11,717	-70,109	1,293	-43,638
Net income	54,361	69,614	82,387	50,738	83,924	78,523	39,346	104,036	40,913	-6,557
Earnings per share, basic	0.70	0.90	1.06	0.65	1.08	1.02	0.52	1.42	0.57	-0.10
Earnings per share, diluted	0.69	0.89	1.05	0.65	1.06	0.99	0.51	1.38	0.55	-0.10
Earnings per share, basic and diluted	·	·	·	·	·	·	·	·	·	-0.10
Weighted average shares, basic	77,348	77,340	77,370	77,578	77,787	76,681	74,994	73,482	72,292	64,941
Weighted average shares, diluted	78,313	78,437	78,159	78,201	79,133	79,001	77,286	75,182	74,239	64,941
Weighted average shares, basic and diluted	·	·	·	·	·	·	·	·	·	64,941

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Earnings per share, basic and diluted net income per share, where both counts are the sameus-gaap:EarningsPerShareBasicAndDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton FORM · research, not advice