FormFactor, Inc.

FormFactor, Inc.

FORM
FormFactor, Inc.US flagNASDAQ Global Select
106.20
USD
+0.82
- -
8.28BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.27
4.8
4.88
5.91
7.59
7.21
7.86
9.05
9.89
9.64
8.57
9.87
10.15
8.29
Basic EPS, GAAP
-1.06
-0.34
-0.03
-0.1
0.57
1.42
0.52
1.02
1.08
0.65
1.06
0.9
0.7
0.76
Free Cash Flow per Basic Share
-0.26
0.21
0.48
0.09
0.95
0.66
1.34
1.48
0.94
0.86
0.11
1.02
0.15
1.08
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
5.38
5.12
5.07
5.66
6.32
7.83
8.46
9.61
10.43
10.51
11.75
12.29
13.33
- -
Tangible Book Value per Share
3.77
3.89
4.1
1.22
2.36
4.36
5.07
6.1
7.25
7.41
8.98
9.57
10.34
- -
Basic Weighted Avg Shares
54
56
58
65
72
73
75
77
78
78
77
77
77
78
Sales/Revenue/Turnover
232
269
282
384
548
530
589
694
770
748
663
764
785
644
Operating Margin (%)
-22.92
-6.21
-1.25
-7.35
8.44
6.82
8.42
12.08
12.74
7.34
1.48
5.79
7.66
10.54
Depreciation Expense
29
30
24
47
45
44
45
49
45
38
37
33
38
28
Net Income, GAAP
-58
-19
-2
-7
41
104
39
79
84
51
82
70
54
59
Effective Tax Rate (%)
- -
- -
- -
- -
3.06
- -
22.95
7.81
14.8
12.32
7.71
12.34
18.74
15.03
Profit Margin (%)
-24.91
-7.14
-0.54
-1.71
7.46
19.64
6.67
11.32
10.9
6.78
12.42
9.12
6.93
9.2
Working Capital
174
196
214
172
214
235
282
333
375
325
443
474
433
- -
LT Debt
- -
- -
- -
125
87
35
45
53
46
42
39
30
24
- -
Total Equity
294
289
295
401
459
580
641
744
816
808
909
948
1,035
- -
Return on Invested Capital (%)
- -
- -
- -
- -
8.08
- -
5.5
9.89
9.79
5.48
0.99
3.96
4.74
11.22
Return on Capital (%)
- -
- -
- -
- -
8.2
- -
5.92
10.25
9.98
5.9
9.12
7.2
5.33
11.55
Return on Common Equity (%)
-18.22
-6.58
-0.52
-1.88
9.52
20.03
6.44
11.34
10.76
6.25
9.6
7.5
5.48
11.97

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
9
9
- -
LT Borrowings
11
11
- -
LT Finance Leases
12
12
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
78
78
78
Market Capitalization
4,331
7,561
12,467

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
557
601
- -
Cash, Cash Equivalents & STI
275
303
- -
Accounts Receivable, Net
125
132
- -
Inventories
111
113
- -
Total Current Liabilities
124
132
- -
Payables & Accruals
58
63
- -
ST Debt
9
9
- -
Deferred Revenue
20
26
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.82%
6.94%
9.25%
Free Cash Flow
167.85%
121.14%
-85.16%
Net Income, GAAP
-20.94%
-1.54%
-21.91%
Sales/Revenue/Turnover
11.91%
2.95%
2.8%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
169
197
208
189
764
2025
171
196
203
215
785
2026
226
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.28
0.25
0.24
0.13
0.9
2025
0.08
0.12
0.2
0.3
0.7
2026
0.26
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Michael D. Slessor
Full Time Employees
2,153
Sector
Technology
Industry
Semiconductors
Address
7005 Southfront Road Livermore CA United States of America 94551
IPO Date
Jun 12, 2003
Business
FormFactor, Inc. (NASDAQ: FORM) designs, manufactures and sells essential test and measurement technologies for the semiconductor industry along the full integrated circuit life cycle, including characterization, modeling, reliability, design debug, qualification and production test; its core products comprise advanced probe cards for memory, RF, foundry and logic devices, analytical probes encompassing over 50 RF, mixed-signal and DC models for wafer, package and board-level testing, premium analytical probe stations for on-wafer device measurement, cryogenic systems and magnetometry solutions for quantum computing applications, and advanced thermal subsystems. Founded in 1993 and headquartered in Livermore, California, the company operates globally with 23 service and repair centers, 13 sales offices and 10 design centers, serving semiconductor manufacturers focused on high-performance computing, AI, mobile and automotive chips, while shipping over 115 million MEMS probes annually as the leading supplier of advanced probe cards and engineering probe systems. In recent developments, FormFactor completed the acquisition of a 20% non-controlling stake in FICT Limited for approximately $60 million in February 2025 in partnership with MBK Partners to enhance access to advanced probe card technologies and strengthen semiconductor supply chain collaboration; it expanded its Taiwan Service Center in April 2025 by doubling cleanroom capacity to support advanced packaging for AI and HPC applications; acquired a manufacturing facility in Farmers Branch, Texas, for $55 million in June 2025 to boost operational flexibility amid rising demand; entered a strategic partnership and received minority investment from Advantest in January 2025 for probe card technology collaboration; and commenced site work for advanced manufacturing at the Texas facility in November 2025 while targeting 42% gross margins in Q4 2025 driven by HBM4 ramp-up.

Company News

APIChatGPT
  • FormFactor Q2 Review: If You Haven't Sold On The Way Down, Don't Sell On The Way Up

  • FORM vs. AEHR: Which Semi Test Equipment Stock is a Better Buy?

  • FormFactor Q2 Earnings Call Highlights AI Demand Drives Growth

  • FormFactor's Q2 Earnings Beat Estimates, Revenues Increase Y/Y

  • Why FormFactor Stock Is Skyrocketing Today

  • Brokerages Set FormFactor, Inc. (NASDAQ:FORM) PT at $132.45

  • FormFactor, Inc. (FORM) Q2 2026 Earnings Call Transcript

  • FormFactor (FORM) Q2 Earnings and Revenues Surpass Estimates

  • FormFactor Q2 Earnings Call Highlights

  • FormFactor Stock Surges on Better-Than-Expected Q2 Earnings

  • FormFactor, Inc. Reports 2026 Second Quarter Results

  • FORM Builds AI Testing Capacity Through Keystone Pact: What's Ahead?

  • FormFactor and Keystone Microtech Announce Strategic Partnership Supporting Next-Generation Semiconductor Technologies

  • Arrowstreet Capital Limited Partnership Has $49.33 Million Stock Position in FormFactor, Inc. $FORM

  • Should You Buy, Sell or Hold FormFactor Stock Before Q2 Earnings?

  • Bank of New York Mellon Corp Reduces Stock Holdings in FormFactor, Inc. $FORM

  • Why I Am Upgrading FormFactor To A Strong Buy

  • 3 Stocks to Buy From the Prospering Semiconductor Industry

  • 4 AI Semiconductor Supply-Chain Stocks to Buy on the Recent Dip

  • FormFactor Jumps 111% YTD: Is There More Room for the Stock to Rise?