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FormFactor FORM Reduction in the carrying amount of right-of-use assets

Reduction in the carrying amount of right-of-use assets at other companies

Cheniere Energy logo
Cheniere EnergyLNG
$145M-8.8%
Synopsys logo
SynopsysSNPS
$36.41M+38.7%
Applied Optoelectronics logo
Applied OptoelectronicsAAOI
-$23.06M-7,445%
CoStar Group logo
CoStar GroupCSGP
$8M0.0%
Comfort Systems USA logo
Comfort Systems USAFIX
$12.67M+65.4%
SQ
SQSQ

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 form:ReductionOfRightOfUseAssets.

The official record: FormFactor’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FormFactor's reduction in the carrying amount of right-of-use assets?
FormFactor (FORM) reported reduction in the carrying amount of right-of-use assets of $1.72M in Q4 2025.
How has FormFactor's reduction in the carrying amount of right-of-use assets changed year-over-year?
FormFactor's reduction in the carrying amount of right-of-use assets increased by 1.1% year-over-year, from $1.7M to $1.72M.
What is the long-term trend for FormFactor's reduction in the carrying amount of right-of-use assets?
Over 4 years (2021 to 2025), FormFactor's reduction in the carrying amount of right-of-use assets has grown at a -1.0% compound annual growth rate (CAGR), from $7.17M to $6.88M.
What does reduction in the carrying amount of right-of-use assets mean?
The non-cash portion of lease expenses related to asset usage.
How do you interpret reduction in the carrying amount of right-of-use assets?
An increase suggests a larger footprint of leased assets, which may indicate expansion or higher fixed operating costs.
How does reduction in the carrying amount of right-of-use assets compare across companies?
Standard for companies under ASC 842 accounting standards; peers with significant real estate or equipment leasing will show similar adjustments.