FORMFACTOR INCFORMEarnings & Financial Report
Formfactor, Inc. is a provider of test and measurement technologies for integrated circuits, with its headquarters in Livermore, California. It provides semiconductor companies with products to improve device performance and provide test and measurement technologies for integrated circuits.
Revenue
$215.2M
Gross Profit
$90.8M
Operating Profit
$23.5M
Net Profit
$23.2M
Gross Margin
42.2%
Operating Margin
10.9%
Net Margin
10.8%
YoY Growth
13.6%
EPS
$0.29
FORMFACTOR INC Q4 FY2025 Financial Summary
FORMFACTOR INC reported revenue of $215.2M (up 13.6% YoY) for Q4 FY2025, with a net profit of $23.2M (up 139.2% YoY) (10.8% margin). Cost of goods sold was $124.4M, operating expenses totaled $67.3M.
Key Financial Metrics
| Total Revenue | $215.2M |
|---|---|
| Net Profit | $23.2M |
| Gross Margin | 42.2% |
| Operating Margin | 10.9% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
FORMFACTOR INC Q4 FY2025 revenue of $215.2M breaks down across 5 segments, led by Foundry Logic Product Group at $92.2M (42.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Foundry Logic Product Group | $92.2M | 42.8% |
| DRAM Product Group | $73.3M | 34.1% |
| Systems Product Group | $42.3M | 19.6% |
| Flash Product Group | $7.4M | 3.4% |
| Transferred Over Time | $1.8M | 0.8% |
FORMFACTOR INC Revenue by Segment — Quarterly Trend
FORMFACTOR INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Foundry Logic Product Group and DRAM Product Group) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Foundry Logic Product Group | — | $92.2M | $92.9M | $99.5M |
| DRAM Product Group | — | $73.3M | $68.2M | $57.1M |
| Systems Product Group | — | $42.3M | $36.3M | $33.7M |
| Flash Product Group | — | $7.4M | $5.3M | $5.5M |
| Transferred Over Time | — | $1.8M | $1.8M | $1.6M |
FORMFACTOR INC Annual Revenue by Year
FORMFACTOR INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $785.0M).
| Year | Annual Revenue |
|---|---|
| 2025 | $785.0M |
| 2024 | $763.6M |
| 2022 | $747.9M |
FORMFACTOR INC Quarterly Revenue & Net Profit History
FORMFACTOR INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $226.1M | +32.0% | $20.4M | 9.0% |
| Q4 FY2025 | $215.2M | +13.6% | $23.2M | 10.8% |
| Q3 FY2025 | $202.7M | -2.5% | $15.7M | 7.7% |
| Q2 FY2025 | $195.8M | -0.8% | $9.1M | 4.6% |
| Q1 FY2025 | $171.4M | +1.6% | $6.4M | 3.7% |
| Q4 FY2024 | $189.5M | +12.7% | $9.7M | 5.1% |
| Q3 FY2024 | $207.9M | +21.2% | $18.7M | 9.0% |
| Q2 FY2024 | $197.5M | +17.9% | $19.4M | 9.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $197.5M | $207.9M | $189.5M | $171.4M | $195.8M | $202.7M | $215.2M | $226.1M |
| YoY Growth | 17.9% | 21.2% | 12.7% | 1.6% | -0.8% | -2.5% | 13.6% | 32.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.16B | $1.15B | $1.15B | $1.16B | $1.18B | $1.20B | $1.22B | $1.26B |
| Liabilities | $208.3M | $198.8M | $198.4M | $190.3M | $191.6M | $193.4M | $189.0M | $197.1M |
| Equity | $947.9M | $955.0M | $947.8M | $965.9M | $990.0M | $1.01B | $1.04B | $1.06B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $21.9M | $26.7M | $35.9M | $23.5M | $18.9M | $27.0M | $46.0M | $45.0M |