FormFactor FORM Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Probe Cards | $198.26M+14.7% | $172.89M+3.9% | $166.38M+2.6% | $162.11M+18.7% | $136.52M-9.2% | |
| Systems | $27.89M-34.0% | $42.27M+16.5% | $36.3M+7.7% | $33.69M-3.3% | $34.84M-11.1% | |
| Net Contribution by Business | ||||||
| Probe Cards | $69.01M+53.4% | $45M+21.9% | $36.9M+14.2% | $32.32M+44.2% | $22.41M-19.1% | |
| Systems | -$287K-105% | $5.89M+5.2% | $5.59M+107% | $2.7M-56.0% | $6.15M+19.7% | |
| Gross Profit by Business | ||||||
| Probe Cards | $100.13M+30.2% | $76.89M+13.2% | $67.93M+9.4% | $62.07M+20.3% | $51.62M-14.1% | |
| Systems | $10.6M-39.5% | $17.52M+15.0% | $15.24M+14.9% | $13.27M-14.5% | $15.52M-3.0% | |
| Cost of revenues by Business | ||||||
| Probe Cards | $98.13M+2.2% | $96M-2.5% | $98.45M-1.6% | $100.04M+17.8% | $84.91M-5.8% | |
| Systems | $17.29M-30.2% | $24.75M+17.6% | $21.05M+3.1% | $20.42M+5.7% | $19.32M-16.7% | |
| Gross margin by Business | ||||||
| Probe Cards | 50.5%+49.1pp | 1.4%-39.4pp | 40.8%+2.5pp | 38.3%+0.5pp | 37.8%— | |
| Systems | 38%— | —— | 42%+2.6pp | 39.4%-5.1pp | 44.5%— | |
| R&D by Business | ||||||
| Probe Cards | $21.77M-3.1% | $22.48M+3.2% | $21.79M+3.9% | $20.97M-0.4% | $21.06M-7.0% | |
| Systems | $5.23M+0.9% | $5.18M+17.7% | $4.4M-16.3% | $5.26M+32.6% | $3.97M-21.3% | |
| Selling Expense by Business | ||||||
| Probe Cards | $7.72M+0.1% | $7.72M+1.3% | $7.62M+6.1% | $7.18M+9.4% | $6.57M-14.6% | |
| Systems | $3.84M-13.0% | $4.41M+28.0% | $3.45M+0.6% | $3.42M-6.4% | $3.66M-7.6% | |
| Marketing Expense by Business | ||||||
| Probe Cards | $1.62M-4.4% | $1.7M+4.7% | $1.62M+1.4% | $1.6M+1.1% | $1.58M-23.9% | |
| Systems | $1.82M-11.0% | $2.05M+13.5% | $1.8M-4.2% | $1.88M+8.1% | $1.74M-6.0% | |
| Foreign currency translation by Business | ||||||
| Probe Cards | $0— | $0— | $0— | $0— | $0— | |
| Systems | -$617K— | $0-100% | $121K-95.1% | $2.49M+410% | -$802K— | |
| Goodwill by Business | ||||||
| Probe Cards | $177.37M0.0% | $177.37M0.0% | $177.37M0.0% | $177.37M0.0% | $177.37M0.0% | |
| Systems | $38.04M-1.6% | $38.66M+64.7% | $23.47M-0.1% | $23.49M+5.2% | $22.33M+2.4% | |
| Revenue by Product | ||||||
| DRAM | $82.93M+13.1% | $73.3M+7.5% | $68.18M+19.5% | $57.06M+16.8% | $48.86M-22.8% | |
| Flash | $4.14M-44.2% | $7.41M+40.8% | $5.27M-4.9% | $5.54M+132% | $2.39M-35.1% | |
| Foundry & Logic | $111.19M+20.6% | $92.18M-0.8% | $92.93M-6.6% | $99.51M+16.7% | $85.27M+2.4% | |
| Systems Product Group | $27.89M-34.0% | $42.27M+16.5% | $36.3M+7.7% | $33.69M-3.3% | $34.84M-11.1% | |
| Revenue by Geography | ||||||
| China | $11.36M— | —— | $11.67M+24.1% | $9.4M-31.0% | $13.62M— | |
| Europe | $7.77M— | —— | $7.36M+1.6% | $7.25M-6.9% | $7.78M— | |
| Japan | $8.28M— | —— | $11.39M-22.4% | $14.67M+42.1% | $10.32M— | |
| Malaysia | $3.71M— | —— | $5.81M+12.8% | $5.16M+98.3% | $2.6M— | |
| Rest of World | $3.93M— | —— | $2.42M+41.1% | $1.72M-11.2% | $1.93M— | |
| Singapore | $10.28M— | —— | $9.94M+48.8% | $6.68M+6.9% | $6.25M— | |
| South Korea | $80.56M— | —— | $70.8M+23.9% | $57.13M+32.3% | $43.17M— | |
| Taiwan | $70.84M— | —— | $46.91M-11.3% | $52.88M+16.6% | $45.36M— | |
| United States | $29.41M— | —— | $36.38M-11.1% | $40.92M+1.5% | $40.33M— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does FormFactor break its business down?
- FormFactor (FORM) reports revenue by business across 2 parts — Probe Cards and Systems. Each is extracted from the segment footnotes and tracked over time.
- Where does FormFactor's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in FormFactor's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
