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FormFactor FORM Flash — Revenue

Other product segments

Foundry & Logic
$111.19M+30.4%
DRAM
$82.93M+69.7%
Systems Product Group
$27.89M-19.9%

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SMTCProducts — Net sales:
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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$11.66B+244%
Enterprise value$11.56B+256%
P/E170.6×+108×
P/S13.9×+9.5×

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 official record: FormFactor’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FormFactor's flash — revenue?
FormFactor (FORM) reported flash — revenue of $4.14M in Q1 2026.
How has FormFactor's flash — revenue changed year-over-year?
FormFactor's flash — revenue increased by 73.1% year-over-year, from $2.39M to $4.14M.
What is the long-term trend for FormFactor's flash — revenue?
Over 4 years (2021 to 2025), FormFactor's flash — revenue has grown at a -16.0% compound annual growth rate (CAGR), from $41.42M to $20.6M.
What does flash — revenue mean?
The total revenue earned from selling semiconductor test products specifically for Flash memory applications.
How do you interpret flash — revenue?
An increase indicates growing demand for Flash memory testing solutions or successful market penetration in the memory semiconductor sector, while a decrease suggests cyclical downturns in memory capital expenditure or loss of market share.
How does flash — revenue compare across companies?
Comparable to revenue segments focused on memory test equipment or specialized semiconductor components at peer firms in the automated test equipment (ATE) or probe card industries.