FormFactor, Inc. (FORM) FY2026 Q1 P&L / Income Statement
2025-12-28 to 2026-03-28
Revenue by Business Segment by Timing of Transfer
2025-12-28 to 2026-03-28
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FormFactor, Inc. (FORM) FY2026 Q1 P&L / Income Statement
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.

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Gross margin
38.4%
Gross profit / revenue
Operating margin
7.4%
Operating profit / revenue
Cash conversion
220.6%
Operating cash / net income, same period
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