← FORMFACTOR INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $383.9m |
$548.4m
+42.87%
|
$529.7m
-3.42%
|
$589.5m
+11.29%
|
$693.6m
+17.67%
|
$769.7m
+10.97%
|
$747.9m
-2.82%
|
$663.1m
-11.34%
|
$763.6m
+15.16%
|
$785.0m
+2.80%
|
$902.2m
+14.93%
|
|
| Cost of Revenue | $281.2m |
$332.8m
+18.37%
|
$319.3m
-4.06%
|
$352.0m
+10.22%
|
$405.7m
+15.27%
|
$446.9m
+10.16%
|
$451.9m
+1.12%
|
$404.5m
-10.49%
|
$455.7m
+12.65%
|
$476.1m
+4.49%
|
$513.1m
+7.77%
|
|
| Gross Profit | $102.7m |
$215.6m
+109.97%
|
$210.3m
-2.44%
|
$237.5m
+12.91%
|
$287.9m
+21.23%
|
$322.8m
+12.10%
|
$296.0m
-8.29%
|
$258.6m
-12.64%
|
$307.9m
+19.08%
|
$308.9m
+0.30%
|
$389.1m
+25.99%
|
|
| Research and Development Expense | $57.5m | $73.8m | $75.0m | $81.5m | $89.0m | $100.9m | $109.2m | $115.8m | $121.9m | $115.7m | $121.0m | |
| Selling, General and Administrative Expense | $73.4m | $94.7m | $99.1m | $106.3m | $115.1m | $123.8m | $131.9m | $133.0m | $141.8m | $133.1m | $137.6m | |
| Amortization of Intangible Assets | $35.4m | $30.9m | $29.4m | $27.7m | $28.0m | $18.7m | $9.4m | $6.8m | $2.6m | $2.5m | — | |
| Operating Lease, Expense | — | — | — | $7.0m | $7.5m | $8.5m | $8.6m | — | — | — | — | |
| Restructuring Costs | $964k | — | — | — | — | — | — | — | — | — | — | |
| Operating Expenses | $150.6m | $169.3m | $174.2m | $187.8m | $204.1m | $224.7m | $241.1m | $248.8m | $263.7m | $251.8m | $258.6m | |
| Operating Income (Loss) | ($47.9m) |
$46.3m
+196.65%
|
$36.1m
-22.01%
|
$49.7m
+37.53%
|
$83.8m
+68.72%
|
$98.0m
+17.01%
|
$54.9m
-43.99%
|
$82.8m
+50.71%
|
$64.8m
-21.72%
|
$57.1m
-11.90%
|
$130.5m
+128.74%
|
|
| Interest Expense | $2.4m | $4.5m | $3.3m | $1.9m | $864k | $602k | $579k | $421k | $418k | $521k | $521k | |
| Other Nonoperating Income (Expense) | ($2.6m) | ($152k) | ($224k) | $602k | $750k | $495k | $1.3m | ($285k) | $939k | $2.2m | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | — | — | ($2.0m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($50.9m) | $31.5m | $20.9m | $41.1m | $73.0m | $74.3m | $30.0m | ($10.7m) | $67.0m | $48.8m | $126.9m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $98.5m | $57.9m | $89.3m | $79.4m | $69.4m | $126.9m | |
| Current Income Tax Expense (Benefit) | $1.9m | $2.0m | $5.2m | $6.7m | $7.3m | $10.7m | $13.5m | $19.0m | $23.2m | $11.1m | $16.7m | |
| Income Tax Expense (Benefit) | ($43.6m) | $1.3m | ($70.1m) | $11.7m | $6.7m | $14.6m | $7.1m | $6.9m | $9.8m | $13.0m | $16.7m | |
| Net Income (Loss) Attributable to Parent | ($6.6m) |
$40.9m
+723.96%
|
$104.0m
+154.29%
|
$39.3m
-62.18%
|
$78.5m
+99.57%
|
$83.9m
+6.88%
|
$50.7m
-39.54%
|
$82.4m
+62.38%
|
$69.6m
-15.50%
|
$54.4m
-21.91%
|
$115.5m
+112.40%
|
|
| Earnings Per Share, Basic | ($0.10) | $0.57 | $1.42 | $0.52 | $1.02 | $1.08 | $0.65 | $1.06 | $0.90 | $0.70 | $1.48 | |
| Earnings Per Share, Diluted | ($0.10) | $0.55 | $1.38 | $0.51 | $0.99 | $1.06 | $0.65 | $1.05 | $0.89 | $0.69 | $1.45 | |
| Weighted Average Number of Shares Outstanding, Basic | 64.9m | 72.3m | 73.5m | 75.0m | 76.7m | 77.8m | 77.6m | 77.4m | 77.3m | 77.3m | 77.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | 74.2m | 75.2m | 77.3m | 79.0m | 79.1m | 78.2m | 78.2m | 78.4m | 78.3m | 79.2m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | — | $0 | $0 | $0 | — | — | — | — | — | — | |
| Selling Expense | — | — | — | — | — | — | — | — | $53.5m | $51.3m | — |