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FormFactor FORM Systems — Foreign currency translation

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Probe Cards
$0

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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:GoodwillForeignCurrencyTranslationGainLoss.

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 itemProbe CardsSystemsTotal
Goodwill, as of December 28, 2024$177,369$21,802$199,171
Acquisition - Keystone15,05015,050
Foreign currency translation1,8081,808
Goodwill, as of December 27, 2025177,36938,660216,029
Foreign currency translation(617)(617)
Goodwill, as of March 28, 2026$177,369$38,043$215,412

Item 1. Financial Statements (Unaudited):

FAQ

What is FormFactor's systems — foreign currency translation?
FormFactor (FORM) reported systems — foreign currency translation of -$617K in Q1 2026.
How has FormFactor's systems — foreign currency translation changed year-over-year?
FormFactor's systems — foreign currency translation increased by 23.1% year-over-year, from -$802K to -$617K.
What is the long-term trend for FormFactor's systems — foreign currency translation?
Over 2 years (2023 to 2025), FormFactor's systems — foreign currency translation has grown at a 143.1% compound annual growth rate (CAGR), from $306K to $1.81M.
What does systems — foreign currency translation mean?
Captures the impact of exchange rate fluctuations on the value of assets and liabilities denominated in foreign currencies within the Systems segment. This metric highlights the segment's exposure to international markets and the volatility inherent in global operations.

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