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

Revenue 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: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETProducts transferred at a point in timeServices 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 MSelling, general and administrativeSelling, general and administrative$141.79 MProducts transferred at a point in timeProducts transferred at a point in time$742.78 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 MServices transferred over timeServices transferred over time$20.82 M
Chart details

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

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.
FormFactor, Inc. (FORM) FY2024 Annual Revenue 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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