FormFactor, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $54.4M | $69.6M | $82.4M | $50.7M | $83.9M | $78.5M | $39.3M | $104.0M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $37.6M | $32.9M | $37.5M | $28.6M | $25.8M | $20.7M | $17.2M | $14.3M |
| Amortization | $2.5M | $2.6M | $6.9M | $9.4M | $18.7M | $28.0M | $27.7M | $29.4M |
| Stock-Based Compensation | $38.6M | $39.8M | $38.6M | $31.3M | $29.4M | $23.8M | $23.2M | $17.8M |
| Net Cash from Operating Activities | $115.4M | $117.5M | $64.6M | $131.8M | $139.4M | $169.3M | $121.0M | $68.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $103.7M | $38.4M | $56.0M | $65.3M | $66.5M | $55.9M | $20.8M | $19.9M |
| Business Acquisitions | $20.6M | $0 | $0 | $3.4M | $0 | $51.9M | $20.5M | $0 |
| Net Cash from Investing Activities | $-191.5M | $-33.5M | $29.0M | $-75.7M | $-124.7M | $-98.9M | $-66.4M | $-21.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $26.2M | $53.3M | $19.8M | $82.3M | $24.0M | $0 | $0 | $0 |
| Net Cash from Financing Activities | $-13.6M | $-64.6M | $-22.7M | $-95.9M | $-47.2M | $-30.9M | $-6.6M | $-39.3M |
| Net Change in Cash | $-90.2M | $15.9M | $68.3M | $-42.4M | $-35.8M | $43.2M | $47.4M | $7.8M |
| Free Cash Flow | $11.7M | $79.1M | $8.6M | $66.5M | $72.9M | $113.4M | $100.2M | $48.8M |