Formfactor (FORM) Operating Leases (2019 - 2026)

Formfactor (FORM) has reported Operating Leases for 8 consecutive years, with $11.6 million the latest figure, recorded in Q1 2026.

• Operating Leases for Q1 2026 came in at $11.6 million, down 27.17% year-over-year; the trailing twelve-month figure through Mar 2026 was $11.6 million (down 27.17% YoY), and the FY2025 annual result was $12.5 million, down 28.84% from the prior year.
• Operating Leases fell to $11.6 million in Q1 2026, from $12.5 million in the prior quarter.
• Across five years, Operating Leases topped out at $39.4 million in Q1 2022 and bottomed at $11.6 million in Q1 2026.
• Historically, Operating Leases has averaged $25.1 million across 5 years, with a median of $26.4 million in 2023.
• The sharpest annual moves came in 2024 and 2025: Operating Leases grew 19.96% in 2024, then tumbled 49.55% in 2025.
• Over 5 years, Operating Leases stood at $27.6 million in 2022, then fell by 8.17% to $25.3 million in 2023, then tumbled by 30.73% to $17.6 million in 2024, then dropped by 28.84% to $12.5 million in 2025, then retreated by 6.81% to $11.6 million in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $11.6 million, $12.5 million, and $20.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.