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FormFactor FORM Inventory write-downs

Inventory write-downs at other companies

Coeur Mining logo
Coeur MiningCDE
$4M-72.0%
Baxter International logo
Baxter InternationalBAX
$2.25M-35.7%
Coeur Mining logo
Coeur MiningCDE
$0-100%
Constellation Brands logo
Constellation BrandsSTZ
$1.5M
Corvex
 logo
Corvex MOVE
$175K
Globalstar logo
GlobalstarGSAT
$64K-99.1%

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:InventoryWriteDown.

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 inventory write-downs?
FormFactor (FORM) reported inventory write-downs of $4.8M in Q1 2026.
How has FormFactor's inventory write-downs changed year-over-year?
FormFactor's inventory write-downs increased by 66.9% year-over-year, from $2.88M to $4.8M.
What is the long-term trend for FormFactor's inventory write-downs?
Over 4 years (2021 to 2025), FormFactor's inventory write-downs has grown at a -1.1% compound annual growth rate (CAGR), from $15.54M to $14.85M.
What does inventory write-downs mean?
The non-cash cost of writing off obsolete or unsellable inventory.
How do you interpret inventory write-downs?
An increase suggests potential issues with product demand, inventory management, or rapid technological shifts in the semiconductor industry.
How does inventory write-downs compare across companies?
High relevance in the semiconductor industry where product lifecycles are short; peers often report these charges during market downturns.