Formfactor (FORM) Operating Leases (2019 - 2026)
Formfactor's Operating Leases came in at $9.95 million for Q2 2026, down 34.7% from $15.23 million a year earlier and down 14.5% from the prior quarter.
Powered by 
Analysis
Formfactor (FORM) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Formfactor's Operating Leases was $12.49 million, down 28.8% from FY2024.
- Operating Leases has declined in each of the last four years, with a five-year compound annual growth rate of -14.9% (FY2020 to FY2025).
- Going back by year, Operating Leases was $17.55 million in FY2024 (-30.7%), $25.33 million in FY2023 (-8.2%), $27.59 million in FY2022 (-11.0%) and $31.01 million in FY2021 (+10.8%).
- The Q2 2026 figure represents the lowest quarterly Operating Leases in data going back to Q1 2019.
- Year-over-year, Operating Leases has declined for 18 consecutive quarters, with an average decline of 29.5% over the last eight quarters.
- The fastest year-over-year change in Operating Leases over five years came in Q3 2021 (growth of 20.9%), and the weakest in Q2 2026 (a decline of 34.7%).
- Business Quant data shows FORM's Operating Leases at $11.64 million (Q1 2026), $12.49 million (Q4 2025) and $13.32 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 5,034.23 Bn | 4,781.72 Bn | 54.77 Bn |
| 2 | Cisco Systems | 424.39 Bn | 360.32 Bn | 11.06 Bn |
| 3 | Dell Technologies | 291.31 Bn | 247.06 Bn | 9.83 Bn |
| 4 | Arista Networks | 223.20 Bn | 176.66 Bn | 1.91 Bn |
| 5 | Sandisk | 191.14 Bn | 179.66 Bn | 7.58 Bn |
| 6 | Sony | 148.92 Bn | 86.18 Bn | 6.53 Bn |
| 7 | Seagate Technology Holdings | 140.06 Bn | 135.06 Bn | 1.90 Bn |
| 8 | Western Digital | 114.98 Bn | 103.11 Bn | 2.03 Bn |
| 9 | Hewlett Packard Enterprise | 74.13 Bn | 52.01 Bn | 4.93 Bn |
| 10 | Formfactor | 8.19 Bn | 7.00 Bn | 130.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 9.95 Mn |
| Mar 28, 2026 | 11.64 Mn |
| Dec 27, 2025 | 12.49 Mn |
| Sep 27, 2025 | 13.32 Mn |
| Jun 28, 2025 | 15.23 Mn |
| Mar 29, 2025 | 15.98 Mn |
| Dec 28, 2024 | 17.55 Mn |
| Sep 28, 2024 | 19.73 Mn |
| Jun 29, 2024 | 21.44 Mn |
| Mar 30, 2024 | 23.43 Mn |
| Dec 30, 2023 | 25.33 Mn |
| Sep 30, 2023 | 25.10 Mn |
| Jul 1, 2023 | 26.46 Mn |
| Apr 1, 2023 | 26.41 Mn |
| Dec 31, 2022 | 27.59 Mn |
| Sep 24, 2022 | 27.86 Mn |
| Jun 25, 2022 | 29.51 Mn |
| Mar 26, 2022 | 31.37 Mn |
| Dec 25, 2021 | 31.01 Mn |
| Sep 25, 2021 | 32.40 Mn |
API Access
Formfactor Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=FORM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "FORM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=FORM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();