What is FormFactor's work in process?

FormFactor (FORM) reported work in process of $41.36M in Q1 2026.

How has FormFactor's work in process changed year-over-year?

FormFactor's work in process decreased by 2.7% year-over-year, from $42.53M to $41.36M.

What is the long-term trend for FormFactor's work in process?

Over 5 years (2020 to 2025), FormFactor's work in process has grown at a 6.8% compound annual growth rate (CAGR), from $30.81M to $42.81M.

FormFactor FORM Work in process

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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 / equity0×0.0×

Current ratio4.5×+0.1×

Where this comes from

Reported directly by FormFactor in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

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 work in process?: FormFactor (FORM) reported work in process of $41.36M in Q1 2026.
How has FormFactor's work in process changed year-over-year?: FormFactor's work in process decreased by 2.7% year-over-year, from $42.53M to $41.36M.
What is the long-term trend for FormFactor's work in process?: Over 5 years (2020 to 2025), FormFactor's work in process has grown at a 6.8% compound annual growth rate (CAGR), from $30.81M to $42.81M.