FormFactor, Inc. (FORM)

FormFactor Financials Overview

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

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 26, 2026	Dec 27, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021
Revenue Revenue Growth	980.1	784.99	763.6	663.1	747.94	769.67
Revenue Growth	29.08%	2.80%	15.16%	-11.34%	-2.82%	10.96%
Gross Profit Gross Profit Growth	491.84	310.62	308.56	259.44	296.49	326.7
Operating Income Operating Income Growth	213.4	62.74	45.12	12.14	55.39	102.89
Net Income Net Income Growth	173.63	54.36	69.61	82.39	50.74	83.92
Earnings Per Share EPS Growth	2.17	0.69	0.89	1.05	0.65	1.06
EPS Growth	311.18%	-22.47%	-15.24%	61.54%	-38.68%	7.07%

Revenue by Segment

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 26, 2026	Dec 27, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021
Foundry & Logic Foundry & Logic Growth	459.21	369.9	381.18	363.54	409.2	435.81
DRAM DRAM Growth	326.13	247.4	227.42	113.78	133.45	156.05
Flash Flash Growth	16.6	20.6	17.36	20.59	48.78	41.42
Systems Systems Growth	178.16	147.1	137.64	165.2	156.52	136.39
Revenue (Total) Revenue (Total) Growth	980.1	784.99	763.6	663.1	747.94	769.67

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 26, 2026	Dec 27, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021
Cash & Investments Cash & Investments Growth	395.41	275.17	360.02	328.32	238.14	276.07
Total Debt Total Debt Growth	27.76	32.36	39.23	48.15	50.37	63.28
Net Cash (Debt) Net Cash Growth	367.65	242.81	320.8	280.17	187.76	212.79
Net Cash Growth	57.91%	-24.31%	14.50%	49.22%	-11.76%	14.50%
Net Cash Per Share Net Cash Per Share Growth	4.62	3.10	4.09	3.58	2.40	2.69

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 26, 2026	Dec 27, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021
Operating Cash Flow Operating Cash Flow Growth	257.01	115.4	117.53	64.6	131.79	139.36
Capital Expenditures CapEx Growth	-75.75	-103.66	-38.44	-56.03	-65.25	-66.5
Free Cash Flow Free Cash Flow Growth	181.26	11.74	79.1	8.58	66.53	72.87
Free Cash Flow Growth	3301.97%	-85.16%	822.43%	-87.11%	-8.70%	-35.74%

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 26, 2026	Dec 27, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021
Gross Margin	50.18%	39.57%	40.41%	39.13%	39.64%	42.45%
Operating Margin	21.77%	7.99%	5.91%	1.83%	7.41%	13.37%
Pretax Margin	20.15%	8.58%	10.40%	13.46%	7.74%	12.80%
Profit Margin	17.72%	6.93%	9.12%	12.42%	6.78%	10.90%
FCF Margin	18.49%	1.50%	10.36%	1.29%	8.89%	9.47%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2026	Dec 27, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021
PE Ratio	40.27	82.79	51.09	39.41	33.75	41.48
Forward PE	21.93	40.28	31.22	42.67	46.32	26.40
P/FCF Ratio	37.72	383.36	44.96	378.63	25.74	47.77
PS Ratio	6.98	5.73	4.66	4.90	2.29	4.52

Data Sources: S&P Global Market Intelligence and Fiscal.ai Last updated: Oct 28, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company. Revenue segment data is provided by Fiscal.ai.

Update frequency:

Quarterly

Last checked:

Oct 31, 2026

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