Formfactor Inc (FORM) financials
Formfactor revenue and earnings by year
Formfactor's revenue was $785 million in the fiscal year to December 27, 2025, up 2.8% from the year before. Net income was $54.4 million, 6.9% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 8.3% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 785 | 764 | 663 | 748 | 770 | 694 | 589 | 530 | 548 | 384 |
| Revenue growth | 2.8% | 15.2% | -11.3% | -2.8% | 11.0% | 17.7% | 11.3% | -3.4% | 42.9% | — |
| Gross profit | 309 | 308 | 259 | 296 | 323 | 288 | 237 | 210 | 216 | 103 |
| Gross margin | 39.3% | 40.3% | 39.0% | 39.6% | 41.9% | 41.5% | 40.3% | 39.7% | 39.3% | 26.7% |
| Operating income | 57 | 44 | 10 | 55 | 98 | 84 | 50 | 36 | 46 | -48 |
| Operating margin | 7.3% | 5.8% | 1.5% | 7.3% | 12.7% | 12.1% | 8.4% | 6.8% | 8.4% | -12.5% |
| Net income | 54 | 70 | 82 | 51 | 84 | 79 | 39 | 104 | 41 | -7 |
| Net margin | 6.9% | 9.1% | 12.4% | 6.8% | 10.9% | 11.3% | 6.7% | 19.6% | 7.5% | -1.7% |
| Diluted EPS | $0.69 | $0.89 | $1.05 | $0.65 | $1.06 | $0.99 | $0.51 | $1.38 | $0.55 | — |
| Free cash flow | 12 | 79 | 9 | 67 | 73 | 113 | 100 | 49 | 69 | 6 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open FORM in Markets.
How Formfactor makes money
Revenue by segment in the quarter to June 27, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Probe Cards | $210M | 81.2% |
| Systems | $48.5M | 18.8% |
See also: FORM valuation and P/E history · FORM returns
No forecast, no recommendation. This page describes Formfactor Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.