FormFactor (FORM) Stock: Charts & Financials

FormFactor, Inc. (FORM)FORMFormFactor, Inc.

About FormFactor, Inc.

FormFactor, Inc., established in Livermore, California in 1993, specializes in the design, manufacturing, and global distribution of advanced test and measurement solutions for the semiconductor industry. The company primarily caters to semiconductor manufacturers and research institutions, operating through two main divisions: Probe Cards and Systems. Within the Probe Cards segment, FormFactor supplies crucial components designed to verify the functionality of a wide array of integrated circuits. These include complex system-on-chip (SoC) products, processors for mobile applications, microcontrollers, graphics processors, and various memory devices such as dynamic random-access memory (DRAM) and NAND/NOR flash. Additionally, their probe cards support the testing of radio frequency (RF), analog, mixed-signal, image sensor, and electro-optical devices. The Systems division encompasses several specialized product lines. For instance, analytical probes are instrumental in applications such as device characterization, developing electrical simulation models, conducting failure analysis, and debugging prototype designs. These probes serve a diverse clientele including universities, research facilities, integrated device manufacturers (IDMs), semiconductor foundries, and fabless semiconductor companies. Furthermore, FormFactor provides probing systems that enable semiconductor design engineers to accurately capture and analyze critical data. They also offer surface metrology systems vital for product development, manufacturing, and quality assurance in semiconductor production. The company's thermal subsystems, such as thermal chucks, are incorporated into probe stations and other testing environments. Completing their portfolio are precision cryogenic instruments and associated test and measurement systems for semiconductors. Beyond hardware, FormFactor delivers comprehensive support services, including on-site maintenance for probe cards, specialized training programs, educational seminars, and telephone assistance. The company leverages a multi-channel sales strategy, utilizing a direct sales force, manufacturers' representatives, and independent distributors to market its offerings across major global markets. Its operational footprint spans the United States, Taiwan, South Korea, China, Japan, Europe, the broader Asia-Pacific region, and various other international territories.

Livermore, CA

2,153 employees

www.formfactor.com

Technology / Semiconductors

Sector: Technology
Industry: Semiconductors
CEO: Michael D. Slessor

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Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	839.78M	226.14M	215.16M	202.68M	195.80M	171.36M	189.48M	207.92M	197.47M
Cost of Goods Sold	486.19M	117.85M	123.04M	122.24M	123.05M	105.36M	115.90M	123.21M	110.57M
Gross Profit	353.60M	108.29M	92.12M	80.44M	72.75M	66.00M	73.58M	84.70M	86.90M
Gross Profit Margin	42.1%	47.9%	42.8%	39.7%	37.2%	38.5%	38.8%	40.7%	44.0%
Total Operating Expenses	246.96M	61.15M	63.90M	61.47M	60.44M	60.05M	65.73M	66.85M	69.13M
Research & Development	118.66M	30.78M	30.40M	28.69M	28.79M	27.80M	30.50M	31.24M	31.56M
Selling, General & Administrative	128.30M	30.37M	33.50M	32.78M	31.65M	30.59M	35.23M	35.61M	37.87M
Operating Income (EBIT)	106.63M	47.14M	28.22M	18.97M	12.31M	5.95M	7.85M	17.86M	17.77M
Operating Margin	12.7%	20.8%	13.1%	9.4%	6.3%	3.5%	4.1%	8.6%	9.0%
Income Before Tax (EBT)	80.67M	20.78M	26.84M	21.59M	11.46M	7.48M	11.94M	20.95M	21.55M
Interest Income	9.40M	2.17M	2.36M	2.13M	2.73M	3.42M	3.89M	3.77M	3.42M
Interest Expense	422K	N/A	180K	150K	92K	99K	418K	120K	N/A
Other Income/Expense	-25.96M	-26.36M	-1.38M	2.62M	-848K	1.53M	4.09M	3.09M	3.77M
Net Income	68.34M	20.38M	23.22M	15.66M	9.09M	6.40M	9.71M	18.74M	19.39M
Income Tax Expense	12.32M	396K	3.62M	5.94M	2.37M	1.07M	2.23M	2.21M	2.15M
Net Profit Margin	8.1%	9.0%	10.8%	7.7%	4.6%	3.7%	5.1%	9.0%	9.8%
EBITDA	151.66M	56.31M	41.32M	30.38M	23.66M	16.58M	16.64M	26.13M	25.78M
EBITDA Margin	18.1%	24.9%	19.2%	15.0%	12.1%	9.7%	8.8%	12.6%	13.1%
Depreciation & Amortization	45.03M	9.17M	13.10M	11.41M	11.35M	10.63M	8.79M	8.27M	8.01M
EPS Basic	0.88	0.26	0.30	0.20	0.12	0.08	0.13	0.24	0.25
EPS Diluted	0.87	0.26	0.29	0.20	0.12	0.08	0.12	0.24	0.25
Shares Outstanding	77.83M	77.83M	77.58M	77.39M	77.11M	77.34M	77.27M	77.41M	77.23M
Diluted Shares Outstanding	79.42M	79.42M	78.86M	77.73M	77.53M	77.88M	77.98M	78.44M	78.72M

Quarterly Report

TTM

Quarter ended Mar 2026

Quarter ended Dec 2025

Quarter ended Sep 2025

Quarter ended Jun 2025

Quarter ended Mar 2025

Quarter ended Dec 2024

Quarter ended Sep 2024

Quarter ended Jun 2024

Revenue

839.78M

226.14M

215.16M

202.68M

195.80M

171.36M

189.48M

207.92M

197.47M

Cost of Goods Sold

486.19M

117.85M

123.04M

122.24M

123.05M

105.36M

115.90M

123.21M

110.57M

Gross Profit

353.60M

108.29M

92.12M

80.44M

72.75M

66.00M

73.58M

84.70M

86.90M

Gross Profit Margin

42.1%

47.9%

42.8%

39.7%

37.2%

38.5%

38.8%

40.7%

44.0%

Total Operating Expenses

246.96M

61.15M

63.90M

61.47M

60.44M

60.05M

65.73M

66.85M

69.13M

Research & Development

118.66M

30.78M

30.40M

28.69M

28.79M

27.80M

30.50M

31.24M

31.56M

Selling, General & Administrative

128.30M

30.37M

33.50M

32.78M

31.65M

30.59M

35.23M

35.61M

37.87M

Operating Income (EBIT)

106.63M

47.14M

28.22M

18.97M

12.31M

5.95M

7.85M

17.86M

17.77M

Operating Margin

12.7%

20.8%

13.1%

9.4%

6.3%

3.5%

4.1%

8.6%

9.0%

Income Before Tax (EBT)

80.67M

20.78M

26.84M

21.59M

11.46M

7.48M

11.94M

20.95M

21.55M

Interest Income

9.40M

2.17M

2.36M

2.13M

2.73M

3.42M

3.89M

3.77M

3.42M

Interest Expense

422K

N/A

180K

150K

92K

99K

418K

120K

N/A

Other Income/Expense

-25.96M

-26.36M

-1.38M

2.62M

-848K

1.53M

4.09M

3.09M

3.77M

Net Income

68.34M

20.38M

23.22M

15.66M

9.09M

6.40M

9.71M

18.74M

19.39M

Income Tax Expense

12.32M

396K

3.62M

5.94M

2.37M

1.07M

2.23M

2.21M

2.15M

Net Profit Margin

8.1%

9.0%

10.8%

7.7%

4.6%

3.7%

5.1%

9.0%

9.8%

EBITDA

151.66M

56.31M

41.32M

30.38M

23.66M

16.58M

16.64M

26.13M

25.78M

EBITDA Margin

18.1%

24.9%

19.2%

15.0%

12.1%

9.7%

8.8%

12.6%

13.1%

Depreciation & Amortization

45.03M

9.17M

13.10M

11.41M

11.35M

10.63M

8.79M

8.27M

8.01M

EPS Basic

0.88

0.26

0.30

0.20

0.12

0.08

0.13

0.24

0.25

EPS Diluted

0.87

0.26

0.29

0.20

0.12

0.08

0.12

0.24

0.25

Shares Outstanding

77.83M

77.58M

77.39M

77.11M

77.34M

77.27M

77.41M

77.23M

Diluted Shares Outstanding

79.42M

78.86M

77.73M

77.53M

77.88M

77.98M

78.44M

78.72M

Annual Report	12/27/2025	12/28/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	784.99M	763.60M	663.10M	747.94M	769.67M	693.62M	589.46M	529.67M
Cost of Goods Sold	477.78M	455.68M	404.52M	451.93M	446.91M	405.70M	351.97M	319.34M
Gross Profit	307.21M	307.92M	258.58M	296.01M	322.77M	287.92M	237.50M	210.34M
Gross Profit Margin	39.1%	40.3%	39.0%	39.6%	41.9%	41.5%	40.3%	39.7%
Total Operating Expenses	242.99M	243.14M	175.82M	241.10M	224.73M	204.13M	187.83M	174.23M
Research & Development	115.92M	121.94M	115.77M	109.22M	100.94M	89.03M	81.50M	74.98M
Selling, General & Administrative	127.07M	141.79M	133.01M	131.88M	123.79M	115.10M	106.33M	99.25M
Operating Income (EBIT)	64.22M	64.78M	82.76M	54.91M	98.04M	83.79M	49.66M	36.11M
Operating Margin	8.2%	8.5%	12.5%	7.3%	12.7%	12.1%	8.4%	6.8%
Income Before Tax (EBT)	67.36M	79.41M	89.27M	57.87M	98.50M	85.17M	51.06M	33.93M
Interest Income	10.64M	14.11M	7.22M	2.22M	569K	1.50M	2.71M	1.36M
Interest Expense	521K	418K	421K	579K	602K	864K	1.92M	3.31M
Other Income/Expense	3.15M	14.63M	6.51M	2.96M	462K	1.39M	1.40M	-2.18M
Net Income	54.36M	69.61M	82.39M	50.74M	83.92M	78.52M	39.35M	104.04M
Income Tax Expense	13.00M	9.80M	6.88M	7.13M	14.58M	6.65M	11.72M	-70.11M
Net Profit Margin	6.9%	9.1%	12.4%	6.8%	10.9%	11.3%	6.7%	19.6%
EBITDA	111.15M	97.68M	120.21M	92.95M	142.56M	132.47M	94.52M	79.80M
EBITDA Margin	14.2%	12.8%	18.1%	12.4%	18.5%	19.1%	16.0%	15.1%
Depreciation & Amortization	46.93M	32.90M	37.45M	38.04M	44.52M	48.69M	44.86M	43.69M
EPS Basic	0.70	0.90	1.06	0.65	1.08	1.02	0.52	1.42
EPS Diluted	0.69	0.89	1.05	0.65	1.06	0.99	0.51	1.38
Shares Outstanding	77.35M	77.34M	77.37M	77.58M	77.79M	76.68M	74.99M	73.48M
Diluted Shares Outstanding	78.31M	78.44M	78.16M	78.20M	79.13M	79.00M	77.29M	75.18M

Annual Report

12/27/2025

12/28/2024

12/31/2023

12/31/2022

12/31/2021

12/31/2020

12/31/2019

12/31/2018

Revenue

784.99M

763.60M

663.10M

747.94M

769.67M

693.62M

589.46M

529.67M

Cost of Goods Sold

477.78M

455.68M

404.52M

451.93M

446.91M

405.70M

351.97M

319.34M

Gross Profit

307.21M

307.92M

258.58M

296.01M

322.77M

287.92M

237.50M

210.34M

Gross Profit Margin

39.1%

40.3%

39.0%

39.6%

41.9%

41.5%

40.3%

39.7%

Total Operating Expenses

242.99M

243.14M

175.82M

241.10M

224.73M

204.13M

187.83M

174.23M

Research & Development

115.92M

121.94M

115.77M

109.22M

100.94M

89.03M

81.50M

74.98M

Selling, General & Administrative

127.07M

141.79M

133.01M

131.88M

123.79M

115.10M

106.33M

99.25M

Operating Income (EBIT)

64.22M

64.78M

82.76M

54.91M

98.04M

83.79M

49.66M

36.11M

Operating Margin

8.2%

8.5%

12.5%

7.3%

12.7%

12.1%

8.4%

6.8%

Income Before Tax (EBT)

67.36M

79.41M

89.27M

57.87M

98.50M

85.17M

51.06M

33.93M

Interest Income

10.64M

14.11M

7.22M

2.22M

569K

1.50M

2.71M

1.36M

Interest Expense

521K

418K

421K

579K

602K

864K

1.92M

3.31M

Other Income/Expense

3.15M

14.63M

6.51M

2.96M

462K

1.39M

1.40M

-2.18M

Net Income

54.36M

69.61M

82.39M

50.74M

83.92M

78.52M

39.35M

104.04M

Income Tax Expense

13.00M

9.80M

6.88M

7.13M

14.58M

6.65M

11.72M

-70.11M

Net Profit Margin

6.9%

9.1%

12.4%

6.8%

10.9%

11.3%

6.7%

19.6%

EBITDA

111.15M

97.68M

120.21M

92.95M

142.56M

132.47M

94.52M

79.80M

EBITDA Margin

14.2%

12.8%

18.1%

12.4%

18.5%

19.1%

16.0%

15.1%

Depreciation & Amortization

46.93M

32.90M

37.45M

38.04M

44.52M

48.69M

44.86M

43.69M

EPS Basic

0.70

0.90

1.06

0.65

1.08

1.02

0.52

1.42

EPS Diluted

0.69

0.89

1.05

0.65

1.06

0.99

0.51

1.38

Shares Outstanding

77.35M

77.34M

77.37M

77.58M

77.79M

76.68M

74.99M

73.48M

Diluted Shares Outstanding

78.31M

78.44M

78.16M

78.20M

79.13M

79.00M

77.29M

75.18M

Income Statement

Quarterly Income Statement (USD)

Annual Income Statement (USD)