# FormFactor, Inc. (FORM) FY2025 Annual P&L / Income Statement

- Company: FormFactor, Inc. (FORM)
- Period: 2024-12-29 to 2025-12-27
- Filing: FY2025 10-K, filed 2026-02-20, accession number 0001039399-26-000009
- Page: https://plicit.ai/financials/form/fy2025-annual-income-statement
- Chart image: https://plicit.ai/charts/form-fy2025-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-12-29 through 2025-12-27. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 784,993,000 US dollars
- **Cost of revenues**: 476,142,000 US dollars
- **Gross profit**: 308,851,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 251,781,000 US dollars
- **Operating income**: 57,070,000 US dollars
- **Other income (expense), net (calculated)**: 12,321,000 US dollars
- **Income before income taxes and equity investment**: 69,391,000 US dollars
- **Provision for income taxes**: 13,004,000 US dollars
- **Net income**: 54,361,000 US dollars
- **Foundry & Logic**: 369,897,000 US dollars
- **DRAM Product Group**: 247,397,000 US dollars
- **Flash**: 20,604,000 US dollars
- **Systems**: 147,095,000 US dollars
- **Research and development**: 115,682,000 US dollars
- **Selling, general and administrative**: 133,074,000 US dollars
- **Factory start-up costs**: 3,025,000 US dollars
- **Gain on sale of business**: 0 US dollars
- **Loss from equity investment**: negative 2,026,000 US dollars. Reported below-tax contribution to net income.

### 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, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/form/fy2025-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/form-fy2025-annual-revenue-by-business-segment-sankey.png

Income statement for 2024-12-29 through 2025-12-27. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 784,993,000 US dollars
- **Cost of revenues**: 476,142,000 US dollars
- **Gross profit**: 308,851,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 251,781,000 US dollars
- **Operating income**: 57,070,000 US dollars
- **Other income (expense), net (calculated)**: 12,321,000 US dollars
- **Income before income taxes and equity investment**: 69,391,000 US dollars
- **Provision for income taxes**: 13,004,000 US dollars
- **Net income**: 54,361,000 US dollars
- **Probe Cards**: 637,898,000 US dollars
- **Systems**: 147,095,000 US dollars
- **Research and development**: 115,682,000 US dollars
- **Selling, general and administrative**: 133,074,000 US dollars
- **Factory start-up costs**: 3,025,000 US dollars
- **Gain on sale of business**: 0 US dollars
- **Loss from equity investment**: negative 2,026,000 US dollars. Reported below-tax contribution to net income.

### 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, plus the explicitly reported below-tax contributions, equals net income.

## Chart details: Revenue by Timing of Transfer

- Page: https://plicit.ai/financials/form/fy2025-annual-income-statement/revenue-by-timing-of-transfer
- Chart image: https://plicit.ai/charts/form-fy2025-annual-revenue-by-timing-of-transfer-sankey.png

Income statement for 2024-12-29 through 2025-12-27. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 784,993,000 US dollars
- **Cost of revenues**: 476,142,000 US dollars
- **Gross profit**: 308,851,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 251,781,000 US dollars
- **Operating income**: 57,070,000 US dollars
- **Other income (expense), net (calculated)**: 12,321,000 US dollars
- **Income before income taxes and equity investment**: 69,391,000 US dollars
- **Provision for income taxes**: 13,004,000 US dollars
- **Net income**: 54,361,000 US dollars
- **Products transferred at a point in time**: 762,814,000 US dollars
- **Services transferred over time**: 22,179,000 US dollars
- **Research and development**: 115,682,000 US dollars
- **Selling, general and administrative**: 133,074,000 US dollars
- **Factory start-up costs**: 3,025,000 US dollars
- **Gain on sale of business**: 0 US dollars
- **Loss from equity investment**: negative 2,026,000 US dollars. Reported below-tax contribution to net income.

### 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, plus the explicitly reported below-tax contributions, equals net income.

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

- Page: https://plicit.ai/financials/form/fy2025-annual-income-statement/revenue-by-business-segment-by-timing-of-transfer
- Chart image: https://plicit.ai/charts/form-fy2025-annual-revenue-by-business-segment-by-timing-of-transfer-sankey.png

Income statement for 2024-12-29 through 2025-12-27. View: Segments by Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 784,993,000 US dollars
- **Cost of revenues**: 476,142,000 US dollars
- **Gross profit**: 308,851,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 251,781,000 US dollars
- **Operating income**: 57,070,000 US dollars
- **Other income (expense), net (calculated)**: 12,321,000 US dollars
- **Income before income taxes and equity investment**: 69,391,000 US dollars
- **Provision for income taxes**: 13,004,000 US dollars
- **Net income**: 54,361,000 US dollars
- **Probe Cards - Products transferred at a point in time**: 630,955,000 US dollars
- **Probe Cards - Services transferred over time**: 6,943,000 US dollars
- **Systems - Products transferred at a point in time**: 131,859,000 US dollars
- **Systems - Services transferred over time**: 15,236,000 US dollars
- **Research and development**: 115,682,000 US dollars
- **Selling, general and administrative**: 133,074,000 US dollars
- **Factory start-up costs**: 3,025,000 US dollars
- **Gain on sale of business**: 0 US dollars
- **Loss from equity investment**: negative 2,026,000 US dollars. Reported below-tax contribution to net income.

### 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, plus the explicitly reported below-tax contributions, equals net income.