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FormFactor FORM Gross margin

Gross margin at other companies

Lowe's Companies logo
Lowe's CompaniesLOW
32.7%-0.7pp
Sherwin-Williams logo
Sherwin-WilliamsSHW
49.1%+0.9pp
GameStop logo
GameStopGME
$340.3M+34.6%
Natera, Inc. logo
Natera, Inc.NTRA
0.8%
Natera, Inc. logo
Natera, Inc.NTRA
64.7%+1.6pp
Deckers Outdoor Corporation logo
Deckers Outdoor CorporationDECK
57.7%-0.2pp

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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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

Calculated from FormFactor’s reported figures.

Based on trailing twelve months.

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 gross margin?
FormFactor (FORM) reported gross margin of 39.4% in Q1 2026.
How has FormFactor's gross margin changed year-over-year?
FormFactor's gross margin decreased by 2.4% year-over-year, from 40.4% to 39.4%.
What is the long-term trend for FormFactor's gross margin?
Over 5 years (2020 to 2025), FormFactor's gross margin has grown at a -1.1% compound annual growth rate (CAGR), from 41.5% to 39.3%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.