FORM
$107.70-2.23%
as of close, Oct 20, 2026
☾ AH $107.70 -2.23%
FormFactor Inc. FormFactor Inc.Stock · Technology
FORM financial statements
The full income statement, balance sheet, and cash-flow statement for FormFactor Inc. FormFactor Inc. (FORM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 77.4M2024-09 77.5M2024-12 77.6M2025-03 77.1M2025-06 77.1M2025-09 77.5M2025-12 77.9M2026-03 78.0M2026-06 78.1M+0.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 27 ’25 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofDec 25 ’21 | |
| Revenue | 785M+2.8% | 764M+15.2% | 663M-11.3% | 748M-2.8% | 770M+11.0% | |
| 309M+0.3% | 308M+19.1% | 259M-12.6% | 296M-8.3% | 323M+12.1% | ||
| Cost of revenue | 476M+4.5% | 456M+12.6% | 405M-10.5% | 452M+1.1% | 447M+10.2% | |
| 252M-4.5% | 264M+6.0% | 249M+3.2% | 241M+7.3% | 225M+10.1% | ||
| Research & development | 116M-5.1% | 122M+5.3% | 116M+6.0% | 109M+8.2% | 101M+13.4% | |
| Selling, general & administrative | 133M-6.1% | 142M+6.6% | 133M+0.9% | 132M+6.5% | 124M+7.6% | |
| General & administrative | 62.9M-6.4% | 67.2M+16.1% | 57.9M+14.0% | 50.8M | — | |
| Selling & marketing | 18.9M-10.3% | 21.1M-6.8% | 22.6M-1.5% | 23.0M | — | |
| Restructuring | 5.70M | — | 1.83M-88.2% | 15.6M+177.3% | 5.62M | |
| Amortization of intangibles | 2.46M-4.6% | 2.58M-62.3% | 6.85M-27.1% | 9.39M-49.9% | 18.7M-33.0% | |
| Provision for credit losses | 38.0K+90.0% | 20.0K-94.0% | 333K+1333.3% | -27.0K+49.1% | -53.0K-303.8% | |
| Operating income | 57.1M-11.9% | 64.8M-21.7% | 82.8M+50.7% | 54.9M-44.0% | 98.0M+17.0% | |
| Interest expense | 521K+24.6% | 418K-0.7% | 421K-27.3% | 579K-3.8% | 602K-30.3% | |
| Interest & investment income | 10.6M-24.6% | 14.1M+95.5% | 7.22M+225.1% | 2.22M+290.2% | 569K-62.1% | |
| Other non-operating income | 2.20M+134.5% | 939K+429.5% | -285K-121.6% | 1.32M+166.1% | 495K-34.0% | |
| Equity-method income | -2.03M | 0.00 | 0.00 | — | — | |
| Pre-tax income | 69.4M-12.6% | 79.4M-11.0% | 89.3M+54.3% | 57.9M-41.2% | 98.5M+15.6% | |
| Income tax | 13.0M+32.7% | 9.80M+42.4% | 6.88M-3.5% | 7.13M-51.1% | 14.6M+119.1% | |
| Net income | 54.4M-21.9% | 69.6M-15.5% | 82.4M+62.4% | 50.7M-39.5% | 83.9M+6.9% | |
| $0.69-22.5% | $0.89-15.2% | $1.05+61.5% | $0.65-38.7% | $1.06+7.1% | ||
| EPS (basic) | $0.70-22.2% | $0.90-15.1% | $1.06+63.1% | $0.65-39.8% | $1.08+5.9% | |
| Weighted-avg shares (basic) | 77.3M+0.0% | 77.3M-0.0% | 77.4M-0.3% | 77.6M-0.3% | 77.8M+1.4% | |
| Weighted-avg shares (diluted) | 78.3M-0.2% | 78.4M+0.4% | 78.2M-0.1% | 78.2M-1.2% | 79.1M+0.2% | |
| Balance Sheet | as ofDec 27 ’25 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofDec 25 ’21 | |
| 557M-7.9% | 605M+5.5% | 574M+20.9% | 475M-9.4% | 524M+7.6% | ||
| Cash & equivalents | 103M-45.8% | 191M+7.3% | 178M+62.9% | 109M-27.7% | 151M-19.3% | |
| Short-term investments | 172M+1.5% | 169M+12.5% | 151M+16.7% | 129M+3.2% | 125M+84.4% | |
| Accounts receivable | 125M+20.3% | 104M+1.3% | 103M+16.8% | 88.1M-23.7% | 116M+7.4% | |
| Inventory | 111M+9.1% | 102M-9.0% | 112M-9.3% | 123M+10.4% | 112M+12.4% | |
| Prepaid expenses | 44.5M+25.8% | 35.4M+19.3% | 29.7M+24.2% | 23.9M+28.1% | 18.7M-20.0% | |
| 1.22B+6.8% | 1.15B+3.6% | 1.11B+9.8% | 1.01B-1.2% | 1.02B+5.9% | ||
| Property, plant & equipment | 259M+23.2% | 210M+2.9% | 204M+7.7% | 190M+29.5% | 147M+40.8% | |
| Operating lease right-of-use | 17.2M-23.8% | 22.6M-26.0% | 30.5M-2.7% | 31.4M-10.9% | 35.2M+14.5% | |
| Goodwill | 216M+8.5% | 199M-1.0% | 201M-4.9% | 211M-0.4% | 212M-0.2% | |
| Intangible assets | 16.3M+57.4% | 10.4M-20.0% | 12.9M-51.6% | 26.8M-26.4% | 36.3M-38.6% | |
| Deferred tax assets | 89.5M-2.7% | 92.0M+16.5% | 79.0M+16.7% | 67.6M+9.1% | 62.0M-6.4% | |
| Other non-current assets | 2.43M-39.3% | 4.01M+43.4% | 2.79M-30.0% | 3.99M+101.6% | 1.98M+70.0% | |
| 124M-5.7% | 131M+0.2% | 131M-12.4% | 150M+0.6% | 149M-3.8% | ||
| Accounts payable | 47.4M-23.8% | 62.3M-2.5% | 63.9M-7.9% | 69.3M+19.8% | 57.9M-6.7% | |
| Accrued liabilities | 47.5M+8.7% | 43.7M+6.6% | 41.0M-2.6% | 42.1M-17.2% | 50.8M-8.1% | |
| Deferred revenue | 20.1M+26.8% | 15.8M-5.1% | 16.7M-44.0% | 29.8M+28.5% | 23.2M+10.8% | |
| Short-term & current debt | 1.14M+2.8% | 1.11M+2.9% | 1.07M+2.9% | 1.04M-88.3% | 8.93M-6.1% | |
| Current lease liability | 7.66M-8.4% | 8.36M-0.7% | 8.42M+14.5% | 7.35M-6.9% | 7.90M+17.9% | |
| 189M-4.8% | 198M+0.2% | 198M-1.0% | 200M-2.3% | 205M-6.6% | ||
| Long-term debt | 11.1M-9.3% | 12.2M-8.3% | 13.3M-7.5% | 14.4M-6.8% | 15.4M-38.2% | |
| Non-current lease liability | 12.5M-28.8% | 17.6M-30.7% | 25.3M-8.2% | 27.6M-11.0% | 31.0M+10.8% | |
| Operating lease liability (total) | 20.1M-22.2% | 25.9M-23.2% | 33.8M-3.4% | 34.9M-10.2% | 38.9M+12.1% | |
| Deferred tax liabilities | 1.60M | 0.00 | 0.00-100.0% | 2.73M-24.6% | 3.62M-32.2% | |
| 1.04B+9.2% | 948M+4.3% | 909M+12.4% | 808M-0.9% | 816M+9.6% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 78.0K+1.3% | 77.0K+0.0% | 77.0K+0.0% | 77.0K-1.3% | 78.0K+0.0% | |
| Additional paid-in capital | 864M+3.1% | 838M-2.8% | 861M+2.0% | 845M-6.0% | 899M-0.5% | |
| Retained earnings | 175M+44.9% | 121M+135.6% | 51.3M+265.3% | -31.1M+62.0% | -81.8M+50.6% | |
| Accumulated other comprehensive income | -3.53M+67.5% | -10.8M-167.5% | -4.05M+27.4% | -5.58M-285.0% | -1.45M-124.6% | |
| Total liabilities & equity | 1.22B+6.8% | 1.15B+3.6% | 1.11B+9.8% | 1.01B-1.2% | 1.02B+5.9% | |
| Common shares issued | 77.6M+0.7% | 77.1M-0.3% | 77.4M+0.6% | 76.9M-1.7% | 78.2M+1.0% | |
| Common shares outstanding | 77.6M+0.7% | 77.1M-0.3% | 77.4M+0.6% | 76.9M-1.7% | 78.2M+1.0% | |
| Shares outstanding (cover) | 77.9M+0.5% | 77.6M-0.0% | 77.6M+0.6% | 77.1M-1.5% | 78.3M+0.8% | |
| Cash Flow | as ofDec 27 ’25 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofDec 25 ’21 | |
| 115M-1.8% | 118M+81.9% | 64.6M-51.0% | 132M-5.4% | 139M-17.7% | ||
| Depreciation & amortization | 40.1M+12.9% | 35.5M-19.9% | 44.3M+16.5% | 38.0M-14.6% | 44.5M-8.6% | |
| Intangible amortization | 2.46M-4.6% | 2.58M-62.3% | 6.85M-27.1% | 9.39M-49.9% | 18.7M-33.0% | |
| Share-based compensation | 38.6M-3.0% | 39.8M+3.0% | 38.6M+23.2% | 31.3M+6.6% | 29.4M+23.3% | |
| Deferred income taxes | 1.93M+114.4% | -13.4M-10.4% | -12.1M-90.8% | -6.34M-263.9% | 3.87M+788.4% | |
| Change in receivables | 20.2M+949.2% | 1.92M-91.8% | 23.3M+189.5% | -26.0M-386.5% | 9.09M+156.3% | |
| Change in inventory | 20.7M+150.2% | 8.26M-13.0% | 9.49M-67.0% | 28.8M-9.1% | 31.7M+42.6% | |
| Change in payables | -5.68M+31.0% | -8.23M-724.3% | 1.32M-66.2% | 3.90M+159.2% | -6.59M-139.2% | |
| -191M-471.9% | -33.5M-215.3% | 29.0M+138.4% | -75.7M+39.3% | -125M-26.1% | ||
| Capital expenditure | 104M+169.7% | 38.4M-31.4% | 56.0M-14.1% | 65.3M-1.9% | 66.5M+19.0% | |
| Free cash flow | 11.7M-85.2% | 79.1M+822.4% | 8.57M-87.1% | 66.5M-8.7% | 72.9M-35.7% | |
| Acquisitions | 20.6M | 0.00 | 0.00-100.0% | 3.35M | 0.00-100.0% | |
| Sales/maturities of investments | 126M+1.7% | 124M+4.4% | 119M+24.0% | 95.8M+4.4% | 91.7M+53.0% | |
| -13.6M+78.9% | -64.6M-184.5% | -22.7M+76.3% | -95.9M-103.3% | -47.2M-52.6% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Long-term debt repaid | 1.11M+2.9% | 1.07M+2.9% | 1.04M-87.6% | 8.40M-10.1% | 9.34M-78.5% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 26.2M-50.8% | 53.3M+169.2% | 19.8M-75.9% | 82.3M+242.5% | 24.0M | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | -456K+87.0% | -3.51M-32.5% | -2.65M-5.5% | -2.51M+21.1% | -3.18M-184.5% | |
| Net change in cash | -90.2M-665.9% | 15.9M-76.7% | 68.3M+261.2% | -42.4M-18.5% | -35.8M-182.8% | |
| Interest paid | 362K-7.4% | 391K-7.3% | 422K-21.1% | 535K-16.8% | 643K-25.8% | |
| Income taxes paid | 8.93M-42.7% | 15.6M-10.4% | 17.4M+59.2% | 10.9M+37.2% | 7.96M-13.0% | |
| Valuation Ratios | as ofDec 27 ’25 | as ofDec 28 ’24 | as ofDec 30 ’23 | as ofDec 31 ’22 | as ofDec 25 ’21 | |
| Market cap | 4.50B+26.5% | 3.56B+9.5% | 3.25B+89.6% | 1.71B-50.8% | 3.48B+5.6% | |
| P/E | 110.2×+320.6% | 26.2× | — | 18.9×-57.9% | 45.0×+6.4% | |
| P/S | 5.9×+23.7% | 4.8×-2.5% | 4.9×+125.8% | 2.2×-52.4% | 4.6×-6.4% | |
| P/B | 4.5×+19.7% | 3.7×-3.6% | 3.9×+82.3% | 2.1×-52.1% | 4.4×-4.1% | |
| P/FCF | 844.7×+1091.5% | 70.9×-91.8% | 862.1×+4724.0% | 17.9×-58.8% | 43.4×+49.4% | |
| Earnings yield | 0.91%-76.2% | 3.8% | — | 5.3%+137.7% | 2.2%-6.1% | |
| FCF yield | 0.12%-91.6% | 1.4%+1116.0% | 0.12%-97.9% | 5.6%+143.0% | 2.3%-33.1% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: FORM’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FORM filings on SEC EDGAR → Not investment advice.