FormFactor Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 25, 2021
Revenue	784.99	763.6	663.1	747.94	769.67
Revenue Growth (YoY)	2.80%	15.16%	-11.34%	-2.82%	10.96%
Cost of Revenue	477.4	455.68	404.02	451.45	442.98
Gross Profit	307.59	307.92	259.08	296.49	326.7
Selling, General & Admin	133.07	141.79	133.01	131.88	123.74
Research & Development	115.68	121.94	115.77	109.22	100.07
Operating Expenses	248.76	263.72	248.78	241.1	223.81
Operating Income	58.84	44.2	10.3	55.39	102.89
Interest Expense	-	0.18	0.19	-0.47	-0.76
Interest & Investment Income	10.12	14.11	7.22	2.22	0.57
Earnings From Equity Investments	-2.03	-	-	-	-
Currency Exchange Gain (Loss)	-	1	0.6	1.1	-
Other Non Operating Income (Expenses)	2.2	-0.66	-1.5	0.11	0.65
EBT Excluding Unusual Items	69.13	58.83	16.82	58.35	103.35
Merger & Restructuring Charges	-1.77	-	-0.5	-0.48	-4.85
Gain (Loss) on Sale of Assets	-	20.58	72.95	-	-
Pretax Income	67.37	79.41	89.27	57.87	98.5
Income Tax Expense	13	9.8	6.88	7.13	14.58
Net Income	54.36	69.61	82.39	50.74	83.92
Net Income to Common	54.36	69.61	82.39	50.74	83.92
Net Income Growth	-21.91%	-15.50%	62.38%	-39.54%	6.88%
Shares Outstanding (Basic)	77	77	77	78	78
Shares Outstanding (Diluted)	78	78	78	78	79
Shares Change (YoY)	-0.16%	0.36%	-0.05%	-1.18%	0.17%
EPS (Basic)	0.70	0.90	1.06	0.65	1.08
EPS (Diluted)	0.69	0.89	1.05	0.65	1.06
EPS Growth	-22.47%	-15.24%	61.54%	-38.68%	7.07%
Free Cash Flow	11.74	79.1	8.58	66.53	72.87
Free Cash Flow Per Share	0.15	1.01	0.11	0.85	0.92
Gross Margin	39.18%	40.33%	39.07%	39.64%	42.45%
Operating Margin	7.50%	5.79%	1.55%	7.41%	13.37%
Profit Margin	6.93%	9.12%	12.42%	6.78%	10.90%
Free Cash Flow Margin	1.50%	10.36%	1.29%	8.89%	9.47%
EBITDA	96.43	77.1	47.76	93.43	147.4
EBITDA Margin	12.28%	10.10%	7.20%	12.49%	19.15%
D&A For EBITDA	37.59	32.9	37.45	38.04	44.52
EBIT	58.84	44.2	10.3	55.39	102.89
EBIT Margin	7.50%	5.79%	1.55%	7.41%	13.37%
Effective Tax Rate	19.30%	12.34%	7.71%	12.32%	14.80%

Updated Dec 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q