FormFactor, Inc. (FORM) FY2025 Annual P&L / Income Statement
2024-12-29 to 2025-12-27
Revenue by Business Segment by Timing of Transfer
2024-12-29 to 2025-12-27
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FormFactor, Inc. (FORM) FY2025 Annual P&L / Income Statement
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.

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Gross margin
39.3%
Gross profit / revenue
Operating margin
7.3%
Operating profit / revenue
Cash conversion
212.3%
Operating cash / net income, same period
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