FORM
FormFactor Inc
NASDAQ: FORM · TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS
$135.53
+1.01% today
Updated 2026-04-29
Market cap
$10.57B
P/E ratio
199.31
P/S ratio
13.46x
EPS (TTM)
$0.68
Dividend yield
—
52W range
$26 – $159
Volume
1.5M
FormFactor Inc (FORM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $369.21M | $462.19M | $210.19M | $135.34M | $188.56M | $169.32M | $178.53M | $231.53M | $268.53M | $282.36M | $383.88M | $548.44M | $529.67M | $589.46M | $693.62M | $769.67M | $747.94M | $663.10M | $763.60M | $784.99M |
| Revenue growth (YoY) | — | +25.2% | -54.5% | -35.6% | +39.3% | -10.2% | +5.4% | +29.7% | +16.0% | +5.1% | +36.0% | +42.9% | -3.4% | +11.3% | +17.7% | +11.0% | -2.8% | -11.3% | +15.2% | +2.8% |
| Cost of revenue | $178.24M | $215.48M | $173.93M | $134.52M | $190.84M | $148.37M | $153.20M | $189.25M | $191.09M | $196.62M | $281.20M | $332.84M | $319.34M | $351.97M | $405.70M | $446.91M | $451.93M | $404.52M | $455.68M | $475.00M |
| Gross profit | $190.98M | $246.71M | $36.26M | $819000.00 | $-2.27M | $20.96M | $25.33M | $42.28M | $77.44M | $85.74M | $102.68M | $215.60M | $210.34M | $237.50M | $287.92M | $322.77M | $296.01M | $258.58M | $307.92M | $309.99M |
| Gross margin | 51.7% | 53.4% | 17.3% | 0.6% | -1.2% | 12.4% | 14.2% | 18.3% | 28.8% | 30.4% | 26.7% | 39.3% | 39.7% | 40.3% | 41.5% | 41.9% | 39.6% | 39.0% | 40.3% | 39.5% |
| R&D | $46.61M | $60.95M | $65.51M | $57.51M | $55.39M | $43.54M | $40.13M | $42.14M | $42.73M | $44.18M | $57.45M | $73.81M | $74.98M | $81.50M | $89.03M | $100.94M | $109.22M | $115.77M | $121.94M | $115.68M |
| SG&A | $71.50M | $92.60M | $95.20M | $78.40M | $66.80M | $46.70M | $49.20M | $53.20M | $51.40M | $42.39M | $73.44M | $86.54M | $90.25M | $98.70M | $115.10M | $123.79M | $131.88M | $135.55M | $120.71M | $133.07M |
| Operating income | $72.83M | $93.20M | $-138.01M | $-145.19M | $-197.18M | $-70.36M | $-64.12M | $-58.79M | $-20.56M | $-4.10M | $-47.91M | $46.30M | $36.11M | $49.66M | $83.79M | $98.04M | $54.91M | $82.76M | $64.78M | $67.04M |
| Operating margin | 19.7% | 20.2% | -65.7% | -107.3% | -104.6% | -41.6% | -35.9% | -25.4% | -7.7% | -1.5% | -12.5% | 8.4% | 6.8% | 8.4% | 12.1% | 12.7% | 7.3% | 12.5% | 8.5% | 8.5% |
| EBITDA | $94.72M | $120.01M | $-92.27M | $-102.41M | $-96.71M | $-58.45M | $-47.13M | $-24.16M | $13.82M | $20.23M | $-1.01M | $91.26M | $80.93M | $97.83M | $134.72M | $143.62M | $96.49M | $82.76M | $112.73M | $104.95M |
| EBITDA margin | 25.7% | 26.0% | -43.9% | -75.7% | -51.3% | -34.5% | -26.4% | -10.4% | 5.1% | 7.2% | -0.3% | 16.6% | 15.3% | 16.6% | 19.4% | 18.7% | 12.9% | 12.5% | 14.8% | 13.4% |
| EBIT | $72.63M | $93.20M | $-124.45M | $-135.12M | $-124.87M | $-69.29M | $-64.03M | $-53.07M | $-16.67M | $-3.54M | $-47.80M | $46.70M | $37.24M | $52.98M | $86.04M | $99.10M | $58.45M | $82.76M | $79.83M | $67.36M |
| Interest expense | $15.59M | $23.56M | $12.45M | $3.28M | $2.55M | $1.40M | $691000.00 | $386000.00 | $302000.00 | $285000.00 | $2.39M | $4.49M | $3.31M | $1.92M | $864000.00 | $602000.00 | $579000.00 | $421000.00 | $418000.00 | $521000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $60.79M | $72.89M | $-80.62M | $-155.65M | $-188.29M | $-65.98M | $-35.54M | $-57.68M | $-19.18M | $-1.52M | $-6.56M | $40.91M | $104.04M | $39.35M | $78.52M | $83.92M | $50.74M | $82.39M | $69.61M | $54.36M |
| Net income growth (YoY) | — | +19.9% | -210.6% | -93.1% | -21.0% | +65.0% | +46.1% | -62.3% | +66.7% | +92.1% | -330.5% | +724.0% | +154.3% | -62.2% | +99.6% | +6.9% | -39.5% | +62.4% | -15.5% | -21.9% |
| Profit margin | 16.5% | 15.8% | -38.4% | -115.0% | -99.9% | -39.0% | -19.9% | -24.9% | -7.1% | -0.5% | -1.7% | 7.5% | 19.6% | 6.7% | 11.3% | 10.9% | 6.8% | 12.4% | 9.1% | 6.9% |