Formfactor (FORM) Tax Rate (2015 - 2026)
Formfactor's Tax Rate came in at 11.09% for Q2 2026, down 4.79 percentage points from 15.87% a year earlier but up 9.03 percentage points from the prior quarter.
Formfactor (FORM) Tax Rate (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 27, 2026, Formfactor reported Tax Rate of 13.14%, down 1.13 percentage points year-over-year; for FY2025, it was 18.74%, up 6.40 percentage points from FY2024.
- Tax Rate carries a five-year change of +10.93 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 12.34% in FY2024 (+4.63 pp), 7.71% in FY2023 (-4.62 pp), 12.32% in FY2022 (-2.47 pp) and 14.80% in FY2021 (+6.99 pp).
- The five-year range for quarterly Tax Rate is -33.55% (Q2 2023) to 29.07% (Q3 2025).
- Year-over-year, Tax Rate has declined for three consecutive quarters, with an average year-over-year change of +1.27 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2024 (a gain of 43.55 percentage points), and the weakest in Q2 2023 (a drop of 42.94 percentage points).
- Business Quant data shows FORM's Tax Rate at 2.06% (Q1 2026), 13.64% (Q4 2025) and 29.07% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,034.23 Bn | 4,781.72 Bn | 54.77 Bn | 17.86% |
| 2 | Cisco Systems | 424.39 Bn | 360.32 Bn | 11.06 Bn | 21.77% |
| 3 | Dell Technologies | 291.31 Bn | 247.06 Bn | 9.83 Bn | 19.45% |
| 4 | Arista Networks | 223.20 Bn | 176.66 Bn | 1.91 Bn | 19.37% |
| 5 | Sandisk | 191.14 Bn | 179.66 Bn | 7.58 Bn | 12.05% |
| 6 | Sony | 148.92 Bn | 86.18 Bn | 6.53 Bn | 26.70% |
| 7 | Seagate Technology Holdings | 140.06 Bn | 135.06 Bn | 1.90 Bn | 14.02% |
| 8 | Western Digital | 114.98 Bn | 103.11 Bn | 2.03 Bn | 1.60% |
| 9 | Hewlett Packard Enterprise | 74.13 Bn | 52.01 Bn | 4.93 Bn | 12.60% |
| 10 | Formfactor | 8.19 Bn | 7.00 Bn | 130.92 Mn | 11.09% |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 11.09% |
| Mar 28, 2026 | 2.06% |
| Dec 27, 2025 | 13.64% |
| Sep 27, 2025 | 29.07% |
| Jun 28, 2025 | 15.87% |
| Mar 29, 2025 | 14.38% |
| Dec 28, 2024 | 18.71% |
| Sep 28, 2024 | 10.56% |
| Jun 29, 2024 | 10.00% |
| Mar 30, 2024 | 12.80% |
| Dec 30, 2023 | 7.62% |
| Sep 30, 2023 | 15.24% |
| Apr 1, 2023 | 3.45% |
| Sep 24, 2022 | 22.65% |
| Jun 25, 2022 | 9.40% |
| Mar 26, 2022 | 12.97% |
| Dec 25, 2021 | 19.57% |
| Sep 25, 2021 | 11.96% |
| Jun 26, 2021 | 11.31% |
| Mar 27, 2021 | 14.04% |
Formfactor Tax Rate 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=tax-rate&ticker=FORM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=FORM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();