10-K - FormFactor, Inc. | StockGist

AI Analysis

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FormFactor, Inc. reported fiscal year 2025 results with revenues of $785.0 million, gross profit of $308.9 million, and net income of $54.4 million. The company generated $115.4 million in net cash from operating activities, though net cash decreased by $90.2 million overall due to significant investing activities, including $103.7 million in property, plant, and equipment acquisitions and $20.6 million for business acquisitions. The balance sheet shows total assets of $1.22 billion, with strong liquidity from $103.3 million in cash and cash equivalents and $171.8 million in marketable securities. Total liabilities were $189.0 million, resulting in stockholders' equity of $1.04 billion. Key profitability metrics include a gross margin of 39.4% and operating margin of 7.3%. The company's financial position remains solid with a healthy equity base and manageable debt levels.

Key Takeaways

1Revenue of $785.0M with gross profit of $308.9M, yielding a 39.4% gross margin.

2Net income of $54.4M with operating income of $57.1M, representing a 7.3% operating margin.

3Strong operating cash flow of $115.4M, offset by $191.5M net cash used in investing activities.

4Total assets of $1.22B with stockholders' equity of $1.04B, indicating a solid balance sheet.

5Basic and diluted earnings per share both reported at $1.00 for the fiscal year.

Key Financial Metrics

EPS

$1.00

Revenue

$785.0M

Net Income

$54.4M

Gross Margin

39.4%

Gross Profit

$308.9M

Operating Income

$57.1M

operating margin

7.3%