FormFactor, Inc. (FORM) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2024)
FORM's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
By Geography
FORM Revenue Analysis (2013–2024)
As of March 2, 2026, FormFactor, Inc. (FORM) generated trailing twelve-month (TTM) revenue of $785.0 million, reflecting strong growth of +13.6% year-over-year. The most recent quarter (Q4 2025) recorded $215.2 million in revenue, up 6.2% sequentially.
Looking at the longer-term picture, FORM's 5-year compound annual growth rate (CAGR) stands at +5.3%, indicating steady revenue expansion. The company achieved its highest annual revenue of $769.7 million in 2021.
Revenue diversification analysis shows FORM's business is primarily driven by Foundry & Logic Product Group (50%), DRAM Product Group (30%), and Systems Product Group (18%).
When compared to Technology sector peers including KLAC (+17.6% YoY), TER (+13.1% YoY), and NVMI (+31.0% YoY), FORM has underperformed the peer group in terms of revenue growth. Compare FORM vs KLAC →
Peer Comparison
Compare FORM's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FORMCurrent | $785M | +13.6% | +5.3% | 8.5% | |
| KLAC | $12.2B | +17.6% | +15.9% | 43.1% | |
| TER | $3.2B | +13.1% | +0.4% | 21.7% | |
| NVMI | $672M | +31.0% | +24.5% | 27.9% | |
| ONTO | $987M | +6.4% | +26.4% | 19.0% | |
| CAMT | $429M | +27.9% | +26.2% | 25.2% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $763.6M | +15.2% | $307.9M | 40.3% | $64.8M | 8.5% |
| 2023 | $663.1M | -11.3% | $258.6M | 39.0% | $82.8M | 12.5% |
| 2022 | $747.9M | -2.8% | $296.0M | 39.6% | $54.9M | 7.3% |
| 2021 | $769.7M | +11.0% | $322.8M | 41.9% | $98.0M | 12.7% |
| 2020 | $693.6M | +17.7% | $287.9M | 41.5% | $83.8M | 12.1% |
| 2019 | $589.5M | +11.3% | $237.5M | 40.3% | $49.7M | 8.4% |
| 2018 | $529.7M | -3.4% | $210.3M | 39.7% | $36.1M | 6.8% |
| 2017 | $548.4M | +42.9% | $215.6M | 39.3% | $46.3M | 8.4% |
| 2016 | $383.9M | +36.0% | $102.7M | 26.7% | $-47,907,000 | -12.5% |
| 2015 | $282.4M | +5.1% | $85.7M | 30.4% | $-4,103,000 | -1.5% |
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Start ComparisonFrequently Asked Questions
Is FORM's revenue growth accelerating or slowing?
FORM maintains +13.6% revenue growth, in line with its 5-year CAGR of +5.3%. TTM revenue stands at $785M. Growth rate remains consistent with historical average.
What is FORM's long-term revenue growth rate?
FormFactor, Inc.'s 5-year revenue CAGR of +5.3% reflects the sustained expansion pattern. Current YoY growth of +13.6% is near this long-term average.
How is FORM's revenue distributed by segment?
FORM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.