FormFactor Inc (FORM)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	82,387	-7,186	-7,206	22,208	50,738	90,362	106,508	94,171	83,924	77,300	79,694	82,258	78,523	77,886	63,274	49,753	39,346	105,810	105,219	107,394
Revenue (ttm)	US$ in thousands	732,076	662,117	669,597	715,987	745,371	785,746	794,842	779,014	768,638	761,607	749,597	719,290	693,331	674,206	636,585	616,428	587,310	549,284	543,314	540,417
Net profit margin		11.25%	-1.09%	-1.08%	3.10%	6.81%	11.50%	13.40%	12.09%	10.92%	10.15%	10.63%	11.44%	11.33%	11.55%	9.94%	8.07%	6.70%	19.26%	19.37%	19.87%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $82,387K ÷ $732,076K
= 11.25%

FormFactor Inc's net profit margin has shown some variability over the past few quarters. In the most recent quarter, ending Dec 31, 2023, the net profit margin was 11.25%, indicating that the company retained approximately 11.25% of its revenue as profit. This is a positive sign for shareholders as it shows the company's ability to generate profits from its operations.

However, the net profit margin was negative in the two preceding quarters, resulting in losses for the company. This negative trend in the net profit margin in Sep 30, 2023, and Jun 30, 2023, may raise concerns about the company's profitability and operational efficiency during that period.

Looking at the historical trend, the net profit margin has generally been above 10% in most quarters, reflecting solid profitability levels for FormFactor Inc. There were a few quarters where the net profit margin dipped below 10%, but overall, the company has maintained a respectable level of profitability.

It is important for investors and stakeholders to closely monitor FormFactor Inc's net profit margin, as it provides insights into the company's ability to generate profits from its core business activities and manage its expenses effectively.