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FormFactor FORM Business Segments

FY'25FY'24FY'23FY'22
Revenue by Business
Probe Cards$637.9M+1.9%$625.96M+25.7%$497.9M-15.8%$591.42M-6.6%
Systems$147.1M+6.9%$137.64M-16.7%$165.2M+5.5%$156.52M+14.8%
Net Contribution by Business
Probe Cards$136.63M+6.5%$128.31M+84.9%$69.39M-40.3%$116.3M
Systems$20.33M+30.1%$15.63M-57.6%$36.86M-11.7%$41.76M
Gross Profit by Business
Probe Cards$258.5M-0.2%$259.01M+39.7%$185.39M-21.3%$235.56M-15.8%
Systems$61.55M+3.4%$59.51M-29.8%$84.74M+4.7%$80.94M+22.9%
Cost of revenues by Business
Probe Cards$379.4M+3.4%$366.95M+17.4%$312.51M-12.2%$355.86M
Systems$85.54M+9.5%$78.13M-2.9%$80.46M+6.5%$75.58M
Gross margin by Business
Probe Cards118.3%110.1%
R&D by Business
Probe Cards$86.3M-4.6%$90.46M+8.9%$83.1M+0.8%$82.43M
Systems$18.82M-8.7%$20.62M-4.0%$21.49M+25.8%$17.08M
Selling Expense by Business
Probe Cards$29.09M-7.6%$31.46M+16.9%$26.91M-9.0%$29.58M
Systems$14.94M-7.1%$16.08M-5.5%$17.03M+13.9%$14.95M
Marketing Expense by Business
Probe Cards$6.49M-26.0%$8.78M+46.7%$5.98M-17.5%$7.25M
Systems$7.47M+4.0%$7.18M-23.3%$9.37M+31.1%$7.15M
Foreign currency translation by Business
Probe Cards$0$0$0$0
Systems$1.81M+325%-$802K-362%$306K
Goodwill by Business
Probe Cards$709.48M0.0%$709.48M-0.6%$713.7M0.0%$713.7M0.0%
Systems$107.95M+21.2%$89.03M-20.2%$111.58M-14.7%$130.76M-7.0%
Revenue by Product
DRAM$247.4M+8.8%$227.42M+99.9%$113.78M-14.7%$133.45M-14.5%
Flash$20.6M+18.7%$17.36M-15.7%$20.59M-57.8%$48.78M+17.8%
Foundry & Logic$369.9M-3.0%$381.18M+4.9%$363.54M-11.2%$409.2M-6.1%
Systems Product Group$147.1M+6.9%$137.64M-16.7%$165.2M+5.5%$156.52M+14.8%
Concentration risk percentage by Geography
Europe3.7%-0.9pp4.6%-1.3pp5.9%+0.7pp5.2%-0.5pp
Rest of World1.3%-0.2pp1.5%-0.5pp2%+0.5pp1.5%+0.3pp

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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.