FormFactor FORM Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Probe Cards | $198.26M+45.2% | $172.89M+15.0% | $166.38M-3.4% | $162.11M-2.8% | $136.52M-0.1% | |
| Systems | $27.89M-19.9% | $42.27M+7.9% | $36.3M+1.5% | $33.69M+9.8% | $34.84M+8.8% | |
| Net Contribution by Business | ||||||
| Probe Cards | $69.01M+208% | $45M+62.4% | $36.9M-6.6% | $32.32M-19.8% | $22.41M+7.7% | |
| Systems | -$287K-105% | $5.89M+14.7% | $5.59M+61.5% | $2.7M-8.0% | $6.15M+50.1% | |
| Gross Profit by Business | ||||||
| Probe Cards | $100.13M+94.0% | $76.89M+27.9% | $67.93M-6.8% | $62.07M-17.5% | $51.62M+1.6% | |
| Systems | $10.6M-31.7% | $17.52M+9.6% | $15.24M+2.7% | $13.27M-6.4% | $15.52M+7.0% | |
| Cost of revenues by Business | ||||||
| Probe Cards | $98.13M+15.6% | $96M+6.5% | $98.45M-0.9% | $100.04M+9.3% | $84.91M-1.2% | |
| Systems | $17.29M-10.5% | $24.75M+6.7% | $21.05M+0.7% | $20.42M+23.7% | $19.32M+10.3% | |
| Gross margin by Business | ||||||
| Probe Cards | 50.5%+12.7pp | 1.4%— | 40.8%-1.5pp | 38.3%-6.8pp | 37.8%+0.6pp | |
| Systems | 38%-6.5pp | —— | 42%+0.5pp | 39.4%-6.8pp | 44.5%-0.8pp | |
| R&D by Business | ||||||
| Probe Cards | $21.77M+3.4% | $22.48M-0.7% | $21.79M-6.3% | $20.97M-11.5% | $21.06M+1.0% | |
| Systems | $5.23M+31.8% | $5.18M+2.7% | $4.4M-14.8% | $5.26M+0.4% | $3.97M-23.2% | |
| Selling Expense by Business | ||||||
| Probe Cards | $7.72M+17.6% | $7.72M+0.3% | $7.62M-7.0% | $7.18M-14.0% | $6.57M-9.1% | |
| Systems | $3.84M+4.9% | $4.41M+11.4% | $3.45M-21.0% | $3.42M-18.0% | $3.66M+2.1% | |
| Marketing Expense by Business | ||||||
| Probe Cards | $1.62M+2.7% | $1.7M-18.3% | $1.62M-13.5% | $1.6M-45.0% | $1.58M-17.6% | |
| Systems | $1.82M+4.5% | $2.05M+10.4% | $1.8M-2.4% | $1.88M+3.2% | $1.74M+4.9% | |
| Foreign currency translation by Business | ||||||
| Probe Cards | $0— | $0— | $0— | $0— | $0— | |
| Systems | -$617K+23.1% | $0— | $121K+132% | $2.49M+440% | -$802K-362% | |
| Goodwill by Business | ||||||
| Probe Cards | $177.37M0.0% | $177.37M0.0% | $177.37M0.0% | $177.37M0.0% | $177.37M0.0% | |
| Systems | $38.04M+70.4% | $38.66M+77.3% | $23.47M+3.1% | $23.49M+5.9% | $22.33M+0.2% | |
| Revenue by Product | ||||||
| DRAM | $82.93M+69.7% | $73.3M+15.8% | $68.18M+13.3% | $57.06M-1.7% | $48.86M+6.5% | |
| Flash | $4.14M+73.1% | $7.41M+101% | $5.27M+15.9% | $5.54M+8.8% | $2.39M-40.8% | |
| Foundry & Logic | $111.19M+30.4% | $92.18M+10.6% | $92.93M-13.5% | $99.51M-4.0% | $85.27M-1.7% | |
| Systems Product Group | $27.89M-19.9% | $42.27M+7.9% | $36.3M+1.5% | $33.69M+9.8% | $34.84M+8.8% | |
| Revenue by Geography | ||||||
| China | $11.36M-16.5% | —— | $11.67M-66.2% | $9.4M-62.5% | $13.62M-12.8% | |
| Europe | $7.77M-0.1% | —— | $7.36M-5.1% | $7.25M-17.8% | $7.78M-12.1% | |
| Japan | $8.28M-19.7% | —— | $11.39M+41.3% | $14.67M+92.7% | $10.32M+20.8% | |
| Malaysia | $3.71M+42.8% | —— | $5.81M+10.1% | $5.16M-21.9% | $2.6M+39.6% | |
| Rest of World | $3.93M+103% | —— | $2.42M+11.6% | $1.72M-43.2% | $1.93M-29.4% | |
| Singapore | $10.28M+64.4% | —— | $9.94M+81.5% | $6.68M+47.7% | $6.25M+31.3% | |
| South Korea | $80.56M+86.6% | —— | $70.8M+69.7% | $57.13M+16.3% | $43.17M-14.9% | |
| Taiwan | $70.84M+56.2% | —— | $46.91M-2.1% | $52.88M+18.0% | $45.36M+51.8% | |
| United States | $29.41M-27.1% | —— | $36.38M-33.9% | $40.92M-14.5% | $40.33M-11.9% |
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.
