# FormFactor, Inc. (FORM) FY2026 Q1 P&L / Income Statement - Company: FormFactor, Inc. (FORM) - Period: 2025-12-28 to 2026-03-28 - Filing: Q1 FY2026 10-Q, filed 2026-05-05, accession number 0001039399-26-000023 - Page: https://plicit.ai/financials/form/fy2026-q1-income-statement - Chart image: https://plicit.ai/charts/form-fy2026-q1-income-statement-sankey.png ## Chart details: Revenue by Product and Service Income statement for 2025-12-28 through 2026-03-28. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 226,144,000 US dollars - **Cost of revenues**: 139,350,000 US dollars - **Gross profit**: 86,794,000 US dollars - **Total operating expenses**: 70,146,000 US dollars - **Operating income**: 16,648,000 US dollars - **Other income (expense), net (calculated)**: 2,615,000 US dollars - **Income before income taxes and equity investment**: 19,263,000 US dollars - **Provision for income taxes**: 396,000 US dollars - **Net income**: 20,384,000 US dollars - **Foundry & Logic**: 111,188,000 US dollars - **DRAM Product Group**: 82,933,000 US dollars - **Flash**: 4,136,000 US dollars - **Systems**: 27,887,000 US dollars - **Research and development**: 30,780,000 US dollars - **Selling, general and administrative**: 32,292,000 US dollars - **Factory start-up costs**: 7,074,000 US dollars - **Income from equity investment**: 1,517,000 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/fy2026-q1-income-statement/revenue-by-business-segment - Chart image: https://plicit.ai/charts/form-fy2026-q1-revenue-by-business-segment-sankey.png Income statement for 2025-12-28 through 2026-03-28. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 226,144,000 US dollars - **Cost of revenues**: 139,350,000 US dollars - **Gross profit**: 86,794,000 US dollars - **Total operating expenses**: 70,146,000 US dollars - **Operating income**: 16,648,000 US dollars - **Other income (expense), net (calculated)**: 2,615,000 US dollars - **Income before income taxes and equity investment**: 19,263,000 US dollars - **Provision for income taxes**: 396,000 US dollars - **Net income**: 20,384,000 US dollars - **Probe Cards**: 198,257,000 US dollars - **Systems**: 27,887,000 US dollars - **Research and development**: 30,780,000 US dollars - **Selling, general and administrative**: 32,292,000 US dollars - **Factory start-up costs**: 7,074,000 US dollars - **Income from equity investment**: 1,517,000 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/fy2026-q1-income-statement/revenue-by-timing-of-transfer - Chart image: https://plicit.ai/charts/form-fy2026-q1-revenue-by-timing-of-transfer-sankey.png Income statement for 2025-12-28 through 2026-03-28. View: Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 226,144,000 US dollars - **Cost of revenues**: 139,350,000 US dollars - **Gross profit**: 86,794,000 US dollars - **Total operating expenses**: 70,146,000 US dollars - **Operating income**: 16,648,000 US dollars - **Other income (expense), net (calculated)**: 2,615,000 US dollars - **Income before income taxes and equity investment**: 19,263,000 US dollars - **Provision for income taxes**: 396,000 US dollars - **Net income**: 20,384,000 US dollars - **Products transferred at a point in time**: 221,005,000 US dollars - **Products and services transferred over time**: 5,139,000 US dollars - **Research and development**: 30,780,000 US dollars - **Selling, general and administrative**: 32,292,000 US dollars - **Factory start-up costs**: 7,074,000 US dollars - **Income from equity investment**: 1,517,000 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/fy2026-q1-income-statement/revenue-by-business-segment-by-timing-of-transfer - Chart image: https://plicit.ai/charts/form-fy2026-q1-revenue-by-business-segment-by-timing-of-transfer-sankey.png Income statement for 2025-12-28 through 2026-03-28. View: Segments by Timing of Transfer of Good or Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 226,144,000 US dollars - **Cost of revenues**: 139,350,000 US dollars - **Gross profit**: 86,794,000 US dollars - **Total operating expenses**: 70,146,000 US dollars - **Operating income**: 16,648,000 US dollars - **Other income (expense), net (calculated)**: 2,615,000 US dollars - **Income before income taxes and equity investment**: 19,263,000 US dollars - **Provision for income taxes**: 396,000 US dollars - **Net income**: 20,384,000 US dollars - **Probe Cards - Products transferred at a point in time**: 196,285,000 US dollars - **Probe Cards - Products and services transferred over time**: 1,972,000 US dollars - **Systems - Products transferred at a point in time**: 24,720,000 US dollars - **Systems - Products and services transferred over time**: 3,167,000 US dollars - **Research and development**: 30,780,000 US dollars - **Selling, general and administrative**: 32,292,000 US dollars - **Factory start-up costs**: 7,074,000 US dollars - **Income from equity investment**: 1,517,000 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 Geography - Page: https://plicit.ai/financials/form/fy2026-q1-income-statement/revenue-by-business-segment-by-geography - Chart image: https://plicit.ai/charts/form-fy2026-q1-revenue-by-business-segment-by-geography-sankey.png Income statement for 2025-12-28 through 2026-03-28. View: Segments by Geographical. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 226,144,000 US dollars - **Cost of revenues**: 139,350,000 US dollars - **Gross profit**: 86,794,000 US dollars - **Total operating expenses**: 70,146,000 US dollars - **Operating income**: 16,648,000 US dollars - **Other income (expense), net (calculated)**: 2,615,000 US dollars - **Income before income taxes and equity investment**: 19,263,000 US dollars - **Provision for income taxes**: 396,000 US dollars - **Net income**: 20,384,000 US dollars - **Probe Cards - CHINA**: 7,806,000 US dollars - **Probe Cards - JAPAN**: 5,082,000 US dollars - **Probe Cards - KOREA, REPUBLIC OF**: 79,766,000 US dollars - **Probe Cards - MALAYSIA**: 3,659,000 US dollars - **Probe Cards - SINGAPORE**: 7,082,000 US dollars - **Probe Cards - TAIWAN**: 68,245,000 US dollars - **Probe Cards - UNITED STATES**: 21,822,000 US dollars - **Probe Cards - Rest of World**: 1,675,000 US dollars - **Probe Cards - Europe**: 3,120,000 US dollars - **Systems - CHINA**: 3,556,000 US dollars - **Systems - JAPAN**: 3,200,000 US dollars - **Systems - KOREA, REPUBLIC OF**: 796,000 US dollars - **Systems - MALAYSIA**: 55,000 US dollars - **Systems - SINGAPORE**: 3,193,000 US dollars - **Systems - TAIWAN**: 2,595,000 US dollars - **Systems - UNITED STATES**: 7,588,000 US dollars - **Systems - Rest of World**: 2,250,000 US dollars - **Systems - Europe**: 4,654,000 US dollars - **Research and development**: 30,780,000 US dollars - **Selling, general and administrative**: 32,292,000 US dollars - **Factory start-up costs**: 7,074,000 US dollars - **Income from equity investment**: 1,517,000 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 Geography - Page: https://plicit.ai/financials/form/fy2026-q1-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/form-fy2026-q1-revenue-by-geography-sankey.png Income statement for 2025-12-28 through 2026-03-28. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 226,144,000 US dollars - **Cost of revenues**: 139,350,000 US dollars - **Gross profit**: 86,794,000 US dollars - **Total operating expenses**: 70,146,000 US dollars - **Operating income**: 16,648,000 US dollars - **Other income (expense), net (calculated)**: 2,615,000 US dollars - **Income before income taxes and equity investment**: 19,263,000 US dollars - **Provision for income taxes**: 396,000 US dollars - **Net income**: 20,384,000 US dollars - **TAIWAN**: 70,840,000 US dollars - **UNITED STATES**: 29,410,000 US dollars - **CHINA**: 11,362,000 US dollars - **KOREA, REPUBLIC OF**: 80,562,000 US dollars - **MALAYSIA**: 3,714,000 US dollars - **JAPAN**: 8,282,000 US dollars - **Europe**: 7,774,000 US dollars - **SINGAPORE**: 10,275,000 US dollars - **Rest of World**: 3,925,000 US dollars - **Research and development**: 30,780,000 US dollars - **Selling, general and administrative**: 32,292,000 US dollars - **Factory start-up costs**: 7,074,000 US dollars - **Income from equity investment**: 1,517,000 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 Product and Service - Page: https://plicit.ai/financials/form/fy2026-q1-income-statement/revenue-by-business-segment-by-product-and-service - Chart image: https://plicit.ai/charts/form-fy2026-q1-revenue-by-business-segment-by-product-and-service-sankey.png Income statement for 2025-12-28 through 2026-03-28. View: Segments by Product and Service. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Revenues**: 226,144,000 US dollars - **Cost of revenues**: 139,350,000 US dollars - **Gross profit**: 86,794,000 US dollars - **Total operating expenses**: 70,146,000 US dollars - **Operating income**: 16,648,000 US dollars - **Other income (expense), net (calculated)**: 2,615,000 US dollars - **Income before income taxes and equity investment**: 19,263,000 US dollars - **Provision for income taxes**: 396,000 US dollars - **Net income**: 20,384,000 US dollars - **Probe Cards - DRAM Product Group**: 82,933,000 US dollars - **Probe Cards - Flash**: 4,136,000 US dollars - **Probe Cards - Foundry & Logic**: 111,188,000 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**: 27,887,000 US dollars - **Research and development**: 30,780,000 US dollars - **Selling, general and administrative**: 32,292,000 US dollars - **Factory start-up costs**: 7,074,000 US dollars - **Income from equity investment**: 1,517,000 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.