FormFactor Inc (FORM)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 307,923 | 258,580 | 296,009 | 322,767 | 287,920 |
| Revenue | US$ in thousands | 763,599 | 663,102 | 747,937 | 769,674 | 693,616 |
| Gross profit margin | 40.33% | 39.00% | 39.58% | 41.94% | 41.51% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $307,923K ÷ $763,599K
= 40.33%
FormFactor Inc's gross profit margin has shown some fluctuations over the past five years. In December 2020, the gross profit margin stood at 41.51%, which increased slightly to 41.94% by December 2021. However, there was a decrease in the gross profit margin to 39.58% by December 2022, and a further decline to 39.00% by December 2023.
It is worth noting that there was a recovery in the gross profit margin in December 2024, reaching 40.33%. Despite the fluctuations, it is essential for FormFactor Inc to closely monitor and analyze the factors influencing its gross profit margin to ensure profitability and efficiency in its operations.
Peer comparison
Dec 31, 2024