# FormFactor, Inc. (FORM) FY2024 Annual P&L / Income Statement

- Company: FormFactor, Inc. (FORM)
- Period: 2023-12-31 to 2024-12-28
- Filing: FY2024 10-K, filed 2025-02-21, accession number 0001039399-25-000023
- Page: https://plicit.ai/financials/form/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/form-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2023-12-31 through 2024-12-28. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 763,599,000 US dollars
- **Cost of revenues**: 455,676,000 US dollars
- **Gross profit**: 307,923,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 243,143,000 US dollars
- **Operating income**: 64,780,000 US dollars
- **Other income (expense), net (calculated)**: 14,632,000 US dollars
- **Income before income taxes**: 79,412,000 US dollars
- **Provision for income taxes**: 9,798,000 US dollars
- **Net income**: 69,614,000 US dollars
- **Foundry & Logic**: 381,182,000 US dollars
- **DRAM Product Group**: 227,422,000 US dollars
- **Flash**: 17,356,000 US dollars
- **Systems**: 137,639,000 US dollars
- **Selling, general and administrative**: 141,786,000 US dollars
- **Research and development**: 121,938,000 US dollars
- **Gain on sale of business**: negative 20,581,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/form/fy2024-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/form-fy2024-annual-revenue-by-business-segment-sankey.png

Income statement for 2023-12-31 through 2024-12-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 763,599,000 US dollars
- **Cost of revenues**: 455,676,000 US dollars
- **Gross profit**: 307,923,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 243,143,000 US dollars
- **Operating income**: 64,780,000 US dollars
- **Other income (expense), net (calculated)**: 14,632,000 US dollars
- **Income before income taxes**: 79,412,000 US dollars
- **Provision for income taxes**: 9,798,000 US dollars
- **Net income**: 69,614,000 US dollars
- **Probe Cards**: 625,960,000 US dollars
- **Systems**: 137,639,000 US dollars
- **Selling, general and administrative**: 141,786,000 US dollars
- **Research and development**: 121,938,000 US dollars
- **Gain on sale of business**: negative 20,581,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Timing of Transfer

- Page: https://plicit.ai/financials/form/fy2024-annual-income-statement/revenue-by-timing-of-transfer
- Chart image: https://plicit.ai/charts/form-fy2024-annual-revenue-by-timing-of-transfer-sankey.png

Income statement for 2023-12-31 through 2024-12-28. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 763,599,000 US dollars
- **Cost of revenues**: 455,676,000 US dollars
- **Gross profit**: 307,923,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 243,143,000 US dollars
- **Operating income**: 64,780,000 US dollars
- **Other income (expense), net (calculated)**: 14,632,000 US dollars
- **Income before income taxes**: 79,412,000 US dollars
- **Provision for income taxes**: 9,798,000 US dollars
- **Net income**: 69,614,000 US dollars
- **Products transferred at a point in time**: 742,779,000 US dollars
- **Services transferred over time**: 20,820,000 US dollars
- **Selling, general and administrative**: 141,786,000 US dollars
- **Research and development**: 121,938,000 US dollars
- **Gain on sale of business**: negative 20,581,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Business Segment by Timing of Transfer

- Page: https://plicit.ai/financials/form/fy2024-annual-income-statement/revenue-by-business-segment-by-timing-of-transfer
- Chart image: https://plicit.ai/charts/form-fy2024-annual-revenue-by-business-segment-by-timing-of-transfer-sankey.png

Income statement for 2023-12-31 through 2024-12-28. View: Segments by Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 763,599,000 US dollars
- **Cost of revenues**: 455,676,000 US dollars
- **Gross profit**: 307,923,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 243,143,000 US dollars
- **Operating income**: 64,780,000 US dollars
- **Other income (expense), net (calculated)**: 14,632,000 US dollars
- **Income before income taxes**: 79,412,000 US dollars
- **Provision for income taxes**: 9,798,000 US dollars
- **Net income**: 69,614,000 US dollars
- **Probe Cards - Products transferred at a point in time**: 620,598,000 US dollars
- **Probe Cards - Services transferred over time**: 5,362,000 US dollars
- **Systems - Products transferred at a point in time**: 122,181,000 US dollars
- **Systems - Services transferred over time**: 15,458,000 US dollars
- **Selling, general and administrative**: 141,786,000 US dollars
- **Research and development**: 121,938,000 US dollars
- **Gain on sale of business**: negative 20,581,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.