FormFactor Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $785.0M | $763.6M | $663.1M | $747.9M | $769.7M | $693.6M | $589.5M |
| Cost of Revenue | — | $476.1M | $455.7M | $404.5M | $451.9M | $446.9M | $405.7M | $352.0M |
| Gross Profit | — | $308.9M | $307.9M | $258.6M | $296.0M | $322.8M | $287.9M | $237.5M |
| Gross Margin | — | 39.3% | 40.3% | 39.0% | 39.6% | 41.9% | 41.5% | 40.3% |
| Operating Expenses | ||||||||
| Research & Development | — | $115.7M | $121.9M | $115.8M | $109.2M | $100.9M | $89.0M | $81.5M |
| SG&A Expense | — | $133.1M | $141.8M | $133.0M | $131.9M | $123.8M | $115.1M | $106.3M |
| Operating Income | — | $57.1M | $64.8M | $82.8M | $54.9M | $98.0M | $83.8M | $49.7M |
| Operating Margin | — | 7.3% | 8.5% | 12.5% | 7.3% | 12.7% | 12.1% | 8.4% |
| Interest Expense | — | $521.0K | $418.0K | $421.0K | $579.0K | $602.0K | $864.0K | $1.9M |
| Pretax Income | — | $69.4M | $79.4M | $89.3M | $57.9M | $98.5M | $85.2M | $51.1M |
| Income Tax Expense | — | $13.0M | $9.8M | $6.9M | $7.1M | $14.6M | $6.7M | $11.7M |
| Net Income | — | $54.4M | $69.6M | $82.4M | $50.7M | $83.9M | $78.5M | $39.3M |
| Net Margin | — | 6.9% | 9.1% | 12.4% | 6.8% | 10.9% | 11.3% | 6.7% |
| EPS (Basic) | — | $0.70 | $0.90 | $1.06 | $0.65 | $1.08 | $1.02 | $0.52 |
| EPS (Diluted) | — | $0.69 | $0.89 | $1.05 | $0.65 | $1.06 | $0.99 | $0.51 |
| Shares Outstanding (Basic) | 77.9M | 77.3M | 77.3M | 77.4M | 77.6M | 77.8M | 76.7M | 75.0M |
| Shares Outstanding (Diluted) | 77.9M | 78.3M | 78.4M | 78.2M | 78.2M | 79.1M | 79.0M | 77.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |