# FormFactor, Inc. (FORM) FY2025 Q1 P&L / Income Statement

- Company: FormFactor, Inc. (FORM)
- Period: 2024-12-29 to 2025-03-29
- Filing: Q1 FY2025 10-Q, filed 2025-05-06, accession number 0001039399-25-000038
- Page: https://plicit.ai/financials/form/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/form-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2024-12-29 through 2025-03-29. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 171,356,000 US dollars
- **Cost of revenues**: 106,833,000 US dollars
- **Gross profit**: 64,523,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 61,254,000 US dollars
- **Operating income**: 3,269,000 US dollars
- **Other income (expense), net (calculated)**: 4,207,000 US dollars
- **Income before income taxes**: 7,476,000 US dollars
- **Provision for income taxes**: 1,075,000 US dollars
- **Net income**: 6,401,000 US dollars
- **Foundry & Logic**: 85,272,000 US dollars
- **DRAM Product Group**: 48,858,000 US dollars
- **Flash**: 2,390,000 US dollars
- **Systems**: 34,836,000 US dollars
- **Research and development**: 27,800,000 US dollars
- **Selling, general and administrative**: 33,454,000 US dollars
- **Gain (loss) on disposition of business**: 0 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/fy2025-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/form-fy2025-q1-revenue-by-business-segment-sankey.png

Income statement for 2024-12-29 through 2025-03-29. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 171,356,000 US dollars
- **Cost of revenues**: 106,833,000 US dollars
- **Gross profit**: 64,523,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 61,254,000 US dollars
- **Operating income**: 3,269,000 US dollars
- **Other income (expense), net (calculated)**: 4,207,000 US dollars
- **Income before income taxes**: 7,476,000 US dollars
- **Provision for income taxes**: 1,075,000 US dollars
- **Net income**: 6,401,000 US dollars
- **Probe Cards**: 136,520,000 US dollars
- **Systems**: 34,836,000 US dollars
- **Research and development**: 27,800,000 US dollars
- **Selling, general and administrative**: 33,454,000 US dollars
- **Gain (loss) on disposition of business**: 0 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/fy2025-q1-income-statement/revenue-by-timing-of-transfer
- Chart image: https://plicit.ai/charts/form-fy2025-q1-revenue-by-timing-of-transfer-sankey.png

Income statement for 2024-12-29 through 2025-03-29. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 171,356,000 US dollars
- **Cost of revenues**: 106,833,000 US dollars
- **Gross profit**: 64,523,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 61,254,000 US dollars
- **Operating income**: 3,269,000 US dollars
- **Other income (expense), net (calculated)**: 4,207,000 US dollars
- **Income before income taxes**: 7,476,000 US dollars
- **Provision for income taxes**: 1,075,000 US dollars
- **Net income**: 6,401,000 US dollars
- **Products transferred at a point in time**: 166,056,000 US dollars
- **Products and services transferred over time**: 5,300,000 US dollars
- **Research and development**: 27,800,000 US dollars
- **Selling, general and administrative**: 33,454,000 US dollars
- **Gain (loss) on disposition of business**: 0 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/fy2025-q1-income-statement/revenue-by-business-segment-by-timing-of-transfer
- Chart image: https://plicit.ai/charts/form-fy2025-q1-revenue-by-business-segment-by-timing-of-transfer-sankey.png

Income statement for 2024-12-29 through 2025-03-29. View: Segments by Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 171,356,000 US dollars
- **Cost of revenues**: 106,833,000 US dollars
- **Gross profit**: 64,523,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 61,254,000 US dollars
- **Operating income**: 3,269,000 US dollars
- **Other income (expense), net (calculated)**: 4,207,000 US dollars
- **Income before income taxes**: 7,476,000 US dollars
- **Provision for income taxes**: 1,075,000 US dollars
- **Net income**: 6,401,000 US dollars
- **Probe Cards - Products transferred at a point in time**: 134,721,000 US dollars
- **Probe Cards - Products and services transferred over time**: 1,799,000 US dollars
- **Systems - Products transferred at a point in time**: 31,335,000 US dollars
- **Systems - Products and services transferred over time**: 3,501,000 US dollars
- **Research and development**: 27,800,000 US dollars
- **Selling, general and administrative**: 33,454,000 US dollars
- **Gain (loss) on disposition of business**: 0 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 Geography

- Page: https://plicit.ai/financials/form/fy2025-q1-income-statement/revenue-by-business-segment-by-geography
- Chart image: https://plicit.ai/charts/form-fy2025-q1-revenue-by-business-segment-by-geography-sankey.png

Income statement for 2024-12-29 through 2025-03-29. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 171,356,000 US dollars
- **Cost of revenues**: 106,833,000 US dollars
- **Gross profit**: 64,523,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 61,254,000 US dollars
- **Operating income**: 3,269,000 US dollars
- **Other income (expense), net (calculated)**: 4,207,000 US dollars
- **Income before income taxes**: 7,476,000 US dollars
- **Provision for income taxes**: 1,075,000 US dollars
- **Net income**: 6,401,000 US dollars
- **Probe Cards - CHINA**: 8,152,000 US dollars
- **Probe Cards - JAPAN**: 5,179,000 US dollars
- **Probe Cards - KOREA, REPUBLIC OF**: 42,209,000 US dollars
- **Probe Cards - MALAYSIA**: 2,552,000 US dollars
- **Probe Cards - SINGAPORE**: 4,871,000 US dollars
- **Probe Cards - TAIWAN**: 40,747,000 US dollars
- **Probe Cards - UNITED STATES**: 27,784,000 US dollars
- **Probe Cards - Rest of World**: 1,491,000 US dollars
- **Probe Cards - Europe**: 3,535,000 US dollars
- **Systems - CHINA**: 5,463,000 US dollars
- **Systems - JAPAN**: 5,140,000 US dollars
- **Systems - KOREA, REPUBLIC OF**: 962,000 US dollars
- **Systems - MALAYSIA**: 48,000 US dollars
- **Systems - SINGAPORE**: 1,378,000 US dollars
- **Systems - TAIWAN**: 4,615,000 US dollars
- **Systems - UNITED STATES**: 12,541,000 US dollars
- **Systems - Rest of World**: 443,000 US dollars
- **Systems - Europe**: 4,246,000 US dollars
- **Research and development**: 27,800,000 US dollars
- **Selling, general and administrative**: 33,454,000 US dollars
- **Gain (loss) on disposition of business**: 0 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 Geography

- Page: https://plicit.ai/financials/form/fy2025-q1-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/form-fy2025-q1-revenue-by-geography-sankey.png

Income statement for 2024-12-29 through 2025-03-29. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 171,356,000 US dollars
- **Cost of revenues**: 106,833,000 US dollars
- **Gross profit**: 64,523,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 61,254,000 US dollars
- **Operating income**: 3,269,000 US dollars
- **Other income (expense), net (calculated)**: 4,207,000 US dollars
- **Income before income taxes**: 7,476,000 US dollars
- **Provision for income taxes**: 1,075,000 US dollars
- **Net income**: 6,401,000 US dollars
- **TAIWAN**: 45,362,000 US dollars
- **UNITED STATES**: 40,325,000 US dollars
- **CHINA**: 13,615,000 US dollars
- **KOREA, REPUBLIC OF**: 43,171,000 US dollars
- **MALAYSIA**: 2,600,000 US dollars
- **JAPAN**: 10,319,000 US dollars
- **Europe**: 7,781,000 US dollars
- **SINGAPORE**: 6,249,000 US dollars
- **Rest of World**: 1,934,000 US dollars
- **Research and development**: 27,800,000 US dollars
- **Selling, general and administrative**: 33,454,000 US dollars
- **Gain (loss) on disposition of business**: 0 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 Product and Service

- Page: https://plicit.ai/financials/form/fy2025-q1-income-statement/revenue-by-business-segment-by-product-and-service
- Chart image: https://plicit.ai/charts/form-fy2025-q1-revenue-by-business-segment-by-product-and-service-sankey.png

Income statement for 2024-12-29 through 2025-03-29. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Revenues**: 171,356,000 US dollars
- **Cost of revenues**: 106,833,000 US dollars
- **Gross profit**: 64,523,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 61,254,000 US dollars
- **Operating income**: 3,269,000 US dollars
- **Other income (expense), net (calculated)**: 4,207,000 US dollars
- **Income before income taxes**: 7,476,000 US dollars
- **Provision for income taxes**: 1,075,000 US dollars
- **Net income**: 6,401,000 US dollars
- **Probe Cards - DRAM Product Group**: 48,858,000 US dollars
- **Probe Cards - Flash**: 2,390,000 US dollars
- **Probe Cards - Foundry & Logic**: 85,272,000 US dollars
- **Probe Cards - Systems**: 0 US dollars
- **Systems - DRAM Product Group**: 0 US dollars
- **Systems - Flash**: 0 US dollars
- **Systems - Foundry & Logic**: 0 US dollars
- **Systems - Systems**: 34,836,000 US dollars
- **Research and development**: 27,800,000 US dollars
- **Selling, general and administrative**: 33,454,000 US dollars
- **Gain (loss) on disposition of business**: 0 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.
