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FormFactor FORM China — Revenue

Other geography segments

Taiwan
$45.36M
South Korea
$43.17M
United States
$40.33M
Japan
$10.32M
Singapore
$6.25M
Malaysia
$2.6M

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Other financials

Income statement

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Revenue$226.1M+32.0%
Gross profit$86.8M+34.5%
Operating income$16.6M+409%
Net income$20.4M+218%
EPS (diluted)$0.26+225%

Balance sheet

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Cash & equivalents$126.4M-5.1%
Total debt$31.9M-14.9%
Total equity$1.1B+9.6%
Total assets$1.3B+8.6%

Cash flow

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Operating cash flow$45.0M+91.0%
CapEx$15.2M-18.3%
Free cash flow$29.8M+501%

Valuation

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Market cap$8.94B+320%
Enterprise value$8.85B+322%
P/E130.8×+82.3×
P/S10.7×+7.9×

Profitability

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Gross margin39.4%-1.0pp
Operating margin8.4%+2.3pp
Net margin8.1%+1.1pp
FCF margin4.4%-4.1pp

Returns & leverage

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Return on equity6.8%+1.0pp
Debt / equity0.0×
Current ratio4.5×+0.1×

Where this comes from

Reported directly by FormFactor in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: FormFactor’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001039399-26-000023
Line itemThree Months Ended / March 28, 2026 / Probe CardsThree Months Ended / March 28, 2026 / SystemsThree Months Ended / March 28, 2026 / TotalThree Months Ended / March 29, 2025 / Probe CardsThree Months Ended / March 29, 2025 / SystemsThree Months Ended / March 29, 2025 / Total
South Korea$79,766$796$80,562$42,209$962$43,171
Taiwan68,2452,59570,84040,7474,61545,362
United States21,8227,58829,41027,78412,54140,325
China7,8063,55611,3628,1525,46313,615
Singapore7,0823,19310,2754,8711,3786,249
Japan5,0823,2008,2825,1795,14010,319
Europe3,1204,6547,7743,5354,2467,781
Malaysia3,659553,7142,552482,600

Item 1. Financial Statements (Unaudited):

FAQ

What is FormFactor's china — revenue?
FormFactor (FORM) reported china — revenue of $11.36M in Q1 2026.
How has FormFactor's china — revenue changed year-over-year?
FormFactor's china — revenue decreased by 16.5% year-over-year, from $13.62M to $11.36M.
What does china — revenue mean?
This metric represents the total net revenue generated from customers located within the People's Republic of China. It reflects the company's exposure to the Chinese semiconductor manufacturing ecosystem and the demand for probe cards and analytical systems in that specific geographic region. Monitoring this figure helps investors assess geographic concentration risk and the impact of regional trade policies or local semiconductor capacity expansion on overall corporate performance.

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