FormFactor Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 25, 2021	Dec '20 Dec 26, 2020
Revenue	759.31	763.6	663.1	747.94	769.67	693.62
Revenue Growth (YoY)	2.30%	15.16%	-11.34%	-2.82%	10.96%	17.67%
Cost of Revenue	468.97	455.68	404.02	451.45	442.98	404.86
Gross Profit	290.35	307.92	259.08	296.49	326.7	288.76
Selling, General & Admin	133.13	141.79	133.01	131.88	123.74	115.1
Research & Development	115.78	121.94	115.77	109.22	100.07	89.03
Operating Expenses	248.92	263.72	248.78	241.1	223.81	204.13
Operating Income	41.43	44.2	10.3	55.39	102.89	84.63
Interest Expense	-	0.18	0.19	-0.47	-0.76	-0.93
Interest & Investment Income	12.01	14.11	7.22	2.22	0.57	1.5
Currency Exchange Gain (Loss)	1	1	0.6	1.1	-	-0.5
Other Non Operating Income (Expenses)	0.34	-0.66	-1.5	0.11	0.65	1.31
EBT Excluding Unusual Items	52.47	58.83	16.82	58.35	103.35	86.01
Merger & Restructuring Charges	-	-	-0.5	-0.48	-4.85	-0.84
Gain (Loss) on Sale of Assets	-	20.58	72.95	-	-	-
Pretax Income	52.47	79.41	89.27	57.87	98.5	85.18
Income Tax Expense	11.62	9.8	6.88	7.13	14.58	6.65
Net Income	40.85	69.61	82.39	50.74	83.92	78.52
Net Income to Common	40.85	69.61	82.39	50.74	83.92	78.52
Net Income Growth	-69.91%	-15.50%	62.38%	-39.54%	6.88%	99.57%
Shares Outstanding (Basic)	77	77	77	78	78	77
Shares Outstanding (Diluted)	78	78	78	78	79	79
Shares Change (YoY)	-1.03%	0.36%	-0.05%	-1.18%	0.17%	2.22%
EPS (Basic)	0.53	0.90	1.06	0.65	1.08	1.02
EPS (Diluted)	0.53	0.89	1.05	0.65	1.06	0.99
EPS Growth	-69.32%	-15.24%	61.54%	-38.68%	7.07%	94.12%
Free Cash Flow	5.33	79.1	8.58	66.53	72.87	113.39
Free Cash Flow Per Share	0.07	1.01	0.11	0.85	0.92	1.44
Gross Margin	38.24%	40.33%	39.07%	39.64%	42.45%	41.63%
Operating Margin	5.46%	5.79%	1.55%	7.41%	13.37%	12.20%
Profit Margin	5.38%	9.12%	12.42%	6.78%	10.90%	11.32%
Free Cash Flow Margin	0.70%	10.36%	1.29%	8.89%	9.47%	16.35%
EBITDA	78.38	77.1	47.76	93.43	147.4	133.31
EBITDA Margin	10.32%	10.10%	7.20%	12.49%	19.15%	19.22%
D&A For EBITDA	36.95	32.9	37.45	38.04	44.52	48.69
EBIT	41.43	44.2	10.3	55.39	102.89	84.63
EBIT Margin	5.46%	5.79%	1.55%	7.41%	13.37%	12.20%
Effective Tax Rate	22.14%	12.34%	7.71%	12.32%	14.80%	7.81%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.