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

Revenue by Business Segment by Timing of Transfer

2023-12-31 to 2024-12-28

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FormFactor, Inc. (FORM) FY2024 Annual P&L / Income StatementIncome 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.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETProbe Cards - Products transferred at a point in timeSystems - Products transferred at a point in timeSystems - Services transferred over timeProbe Cards - Services transferred over timeRevenuesGross profitCost of revenuesOperating incomeOperating costs, net of other operating income (calculated)Selling, general and administrativeResearch and developmentGain on sale of businessOther income (expense), net (calculated)Income before income taxesNet incomeProvision for income taxesOther income (expense), net (calculated)Other income,net (calculated)$14.63 MIncome before income taxesPretax income$79.41 MRevenuesRevenues$763.60 MGross profitGross profit$307.92 MOperating incomeOperating income$64.78 MNet incomeNet income$69.61 MOperating costs, net of other operating income (calculated)Operating costs,net (calculated)$243.14 MProvision for income taxesProvision forincome taxes$9.80 MProbe Cards - Products transferred at a point in timeProbe Cards - Productstransferred at a point in time$620.60 MSelling, general and administrativeSelling, general and administrative$141.79 MCost of revenuesCost of revenues$455.68 MResearch and developmentResearch and development$121.94 MGain on sale of businessGain on sale of business−$20.58 MSystems - Products transferred at a point in timeSystems - Productstransferred at a point in time$122.18 MSystems - Services transferred over timeSystems - Servicestransferred over time$15.46 MProbe Cards - Services transferred over timeProbe Cards - Servicestransferred over time$5.36 M
Chart details

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

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.
FormFactor, Inc. (FORM) FY2024 Annual Revenue by Business Segment by Timing of Transfer Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

40.3%

Gross profit / revenue

Operating margin

8.5%

Operating profit / revenue

Cash conversion

168.8%

Operating cash / net income, same period

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