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FormFactor FORM Operating Lease Liabilities

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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$9.17B+321%
Enterprise value$9.08B+324%
P/E134.2×+84.6×
P/S10.9×+8.1×

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:OperatingLeaseLiabilityNoncurrent.

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 itemMarch 28,2026December 27,2025
Total current liabilities132,111123,861
Long-term debt, less current portion, net of unamortized issuance costs10,78211,071
Deferred tax liabilities1,5681,600
Long-term operating lease liabilities11,63812,488
Deferred grant18,00018,000
Other liabilities22,95221,939
Total liabilities197,051188,959
Stockholders’ equity:

Item 1. Financial Statements (Unaudited):

FAQ

What is FormFactor's operating lease liabilities?
FormFactor (FORM) reported operating lease liabilities of $11.64M in Q1 2026.
How has FormFactor's operating lease liabilities changed year-over-year?
FormFactor's operating lease liabilities decreased by 27.2% year-over-year, from $15.98M to $11.64M.
What is the long-term trend for FormFactor's operating lease liabilities?
Over 5 years (2020 to 2025), FormFactor's operating lease liabilities has grown at a -14.9% compound annual growth rate (CAGR), from $28M to $12.49M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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