FormFactor, Inc. Income Statement
FORM / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$785M
FY2025
Gross Profit
$309M
39.3% gross margin
Operating Income
$57M
FY2025
Net Income
$54M
FY2025
FormFactor, Inc. reported $785M in revenue and $54M in net income for FY2025. Revenue has grown at a 13.4% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Cash-backed earnings: Operating cash flow exceeds net income
- Conservative debt: Debt-to-equity ratio of 0.01
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $785.0M | $763.6M | $663.1M | $747.9M | $769.7M | $693.6M | $589.5M | $529.7M | $548.4M | $268.5M | $231.5M | $268.5M | $231.5M | $188.6M | $135.3M |
| Cost of Revenue | $476.1M | $455.7M | $404.5M | $451.9M | $446.9M | $405.7M | $352.0M | $319.3M | $332.8M | $191.1M | $189.2M | $191.1M | $189.2M | $190.8M | $134.5M |
| Gross Profit | $308.9M | $307.9M | $258.6M | $296.0M | $322.8M | $287.9M | $237.5M | $210.3M | $215.6M | $77.4M | $42.3M | $77.4M | $42.3M | -$2.3M | $819.0K |
| SG&A Expense | $133.1M | $141.8M | $133.0M | $131.9M | $123.8M | $115.1M | $106.3M | $99.3M | $95.5M | $51.4M | $53.2M | $51.4M | $53.2M | $67.2M | $78.4M |
| R&D Expense | $115.7M | $121.9M | $115.8M | $109.2M | $100.9M | $89.0M | $81.5M | $75.0M | $73.8M | $42.7M | $42.1M | $42.7M | $42.1M | $55.4M | $57.5M |
| Operating Income | $57.1M | $64.8M | $82.8M | $54.9M | $98.0M | $83.8M | $49.7M | $36.1M | $46.3M | -$20.6M | -$58.8M | -$20.6M | -$58.8M | -$197.2M | -$145.2M |
| Interest Expense | $521.0K | $418.0K | $421.0K | $579.0K | $602.0K | $864.0K | $1.9M | $3.3M | $4.5M | - | - | - | - | - | - |
| Income Tax | $13.0M | $9.8M | $6.9M | $7.1M | $14.6M | $6.7M | $11.7M | -$70.1M | $1.3M | -$910.0K | -$99.0K | -$910.0K | -$99.0K | -$1.9M | $13.2M |
| Net Income | $54.4M | $69.6M | $82.4M | $50.7M | $83.9M | $78.5M | $39.3M | $104.0M | $40.9M | -$19.2M | -$57.7M | -$19.2M | -$57.7M | -$188.3M | -$155.7M |
| EPS (Basic) | $1.06 | $0.90 | $1.06 | $0.65 | $1.08 | $1.02 | $0.52 | $1.42 | $0.57 | -$0.24 | $0.01 | - | - | -$0.35 | - |
| EPS (Diluted) | $1.05 | $0.89 | $1.05 | $0.65 | $1.06 | $0.99 | $0.51 | $1.38 | $0.55 | -$0.24 | $0.01 | -$0.34 | -$1.06 | -$3.75 | -$3.15 |
| Shares Outstanding | 77.1M | 77.1M | 77.4M | 76.9M | 78.2M | 77.4M | 75.8M | 74.1M | 72.5M | 58.1M | 56.5M | 56.5M | 54.6M | 49.3M | 50.6M |
| Gross Margin | 39.3% | 40.3% | 39.0% | 39.6% | 41.9% | 41.5% | 40.3% | 39.7% | 39.3% | 28.8% | 18.3% | 28.8% | 18.3% | -1.2% | 0.6% |
| Operating Margin | 7.3% | 8.5% | 12.5% | 7.3% | 12.7% | 12.1% | 8.4% | 6.8% | 8.4% | -7.7% | -25.4% | -7.7% | -25.4% | -104.6% | -107.3% |
| Profit Margin | 6.9% | 9.1% | 12.4% | 6.8% | 10.9% | 11.3% | 6.7% | 19.6% | 7.5% | -7.1% | -24.9% | -7.1% | -24.9% | -99.9% | -115.0% |