FORMFACTOR INC
FORMNasdaq
$105.57
↓ -1.4%Jul 17 close · end-of-day
Price
1Y↑ +200.8%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$8.4B
Enterprise Value
$8.1B
P/E
121.3
P/S
10.0
P/B
7.9
EV/EBITDA
74.7
PEG
60.4
FCF Yield
0.4%
Dividend Yield
—
Revenue (TTM)
$839.8M
Net Income (TTM)
$68.3M
Free Cash Flow (TTM)
$36.6M
Gross Margin
39.4%
Operating Margin
8.4%
Net Margin
8.1%
ROE
6.5%
ROIC
7.8%
Debt / Equity
0.0
Net Cash
$291.4M
Return 1Y
+194.0%
Company profile
FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems. Probe cards are used to test various semiconductor device types, including mobile application processors, microprocessors, microcontrollers, and graphic processors. The company markets and sells its products in the United States, Taiwan, South Korea, China, Japan, Europe, and Asia-Pacific.
- CEO
- Michael D. Slessor
- Sector
- Manufacturing
- Industry
- Electronic Equipment
- Employees
- 2,100
- Headquarters
- California
- Website
- formfactor.com
Management & directors
- Slessor MikeCEO
- Mckinnis Aric BrendanCFO, SVP Global Finance
- Shahar ShaiCFO, SVP Global Finance
Roles derived from SEC Form 4 filings.
Earnings
FORM Q1 2026 Earnings
Period ends 2026-03-28
MetricActualYoY
Revenue$226.1M↑ +32.0%
Diluted EPS$0.26↑ +225.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $693.6M | $769.7M | $747.9M | $663.1M | $763.6M | $785.0M |
| Gross profit | $287.9M | $322.8M | $296.0M | $258.6M | $307.9M | $308.9M |
| Operating income | $83.8M | $98.0M | $54.9M | $82.8M | $64.8M | $57.1M |
| Net income | $78.5M | $83.9M | $50.7M | $82.4M | $69.6M | $54.4M |
| Diluted EPS | $0.99 | $1.06 | $0.65 | $1.05 | $0.89 | $0.69 |
| Operating cash flow | $169.3M | $139.4M | $131.8M | $64.6M | $117.5M | $115.4M |
| Free cash flow | $113.4M | $72.9M | $66.5M | $8.6M | $79.1M | $11.7M |
| Gross margin | 41.5% | 41.9% | 39.6% | 39.0% | 40.3% | 39.3% |
| Operating margin | 12.1% | 12.7% | 7.3% | 12.5% | 8.5% | 7.3% |
| Net margin | 11.3% | 10.9% | 6.8% | 12.4% | 9.1% | 6.9% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $197.5M | $207.9M | $189.5M | $171.4M | $195.8M | $202.7M | $215.2M | $226.1M |
| Gross profit | $86.9M | $84.7M | $73.6M | $64.5M | $72.9M | $80.6M | $90.8M | $86.8M |
| Operating income | $17.8M | $17.9M | $7.8M | $3.3M | $12.3M | $18.0M | $23.5M | $16.6M |
| Net income | $19.4M | $18.7M | $9.7M | $6.4M | $9.1M | $15.7M | $23.2M | $20.4M |
| Diluted EPS | $0.25 | $0.24 | $0.12 | $0.08 | $0.12 | $0.20 | $0.29 | $0.26 |
| Operating cash flow | $21.9M | $26.7M | $35.9M | $23.5M | $18.9M | $27.0M | $46.0M | $45.0M |
| Free cash flow | $13.5M | $17.8M | $28.3M | $5.0M | -$47.4M | $19.5M | $34.7M | $29.8M |
| Gross margin | 44.0% | 40.7% | 38.8% | 37.7% | 37.3% | 39.8% | 42.2% | 38.4% |
| Operating margin | 9.0% | 8.6% | 4.1% | 1.9% | 6.3% | 8.9% | 10.9% | 7.4% |
| Net margin | 9.8% | 9.0% | 5.1% | 3.7% | 4.6% | 7.7% | 10.8% | 9.0% |
Company news
Jul 20, 2026
Jul 16, 2026
Jul 13, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-15 | SLESSOR MIKE· CEO | Sale | 1,650 | $117.39 | $193,693.50 | filing |
| 2026-07-15 | SLESSOR MIKE· CEO | Sale | 1,041 | $116.56 | $121,338.96 | filing |
| 2026-07-15 | SLESSOR MIKE· CEO | Sale | 868 | $121.30 | $105,288.40 | filing |
| 2026-07-15 | SLESSOR MIKE· CEO | Sale | 706 | $118.21 | $83,456.26 | filing |
| 2026-07-15 | SLESSOR MIKE· CEO | Sale | 300 | $120.58 | $36,174.00 | filing |
| 2026-07-15 | SLESSOR MIKE· CEO | Sale | 170 | $119.08 | $20,243.60 | filing |
| 2026-06-16 | St Dennis Thomas | Gift | 740 | $0.00 | $0.00 | filing |
| 2026-06-15 | St Dennis Thomas | Sale | 2,800 | $151.49 | $424,172.00 | filing |
| 2026-06-10 | SLESSOR MIKE· CEO | Sale | 4,220 | $121.72 | $513,658.40 | filing |
| 2026-06-10 | SLESSOR MIKE· CEO | Sale | 2,500 | $122.63 | $306,575.00 | filing |
| 2026-06-10 | SLESSOR MIKE· CEO | Sale | 1,629 | $123.37 | $200,969.73 | filing |
| 2026-06-10 | SLESSOR MIKE· CEO | Sale | 1,399 | $117.70 | $164,662.30 | filing |
| 2026-06-10 | SLESSOR MIKE· CEO | Sale | 975 | $121.00 | $117,975.00 | filing |
| 2026-06-10 | SLESSOR MIKE· CEO | Sale | 767 | $119.00 | $91,273.00 | filing |
| 2026-06-10 | SLESSOR MIKE· CEO | Sale | 400 | $119.46 | $47,784.00 | filing |
| 2026-06-02 | Rhodes Sheri | Sale | 6,328 | $125.40 | $793,531.20 | filing |
| 2026-06-02 | McKinnis Aric Brendan· CFO, SVP Global Finance | Tax withholding | 193 | $125.11 | $24,146.23 | filing |
| 2026-06-02 | McKinnis Aric Brendan· CFO, SVP Global Finance | Option exercise | 773 | $0.00 | $0.00 | filing |
| 2026-05-21 | Obregon-Jimenez Rebeca | Sale | 3,828 | $126.48 | $484,146.30 | filing |
| 2026-05-20 | WHITE BRIAN C | Sale | 3,250 | $126.00 | $409,500.00 | filing |
| 2026-05-19 | St Dennis Thomas | Sale | 1,000 | $115.84 | $115,839.90 | filing |
| 2026-05-15 | STEVEN-WAISS KELLEY | Sale | 5,400 | $125.60 | $678,240.54 | filing |
| 2026-05-15 | Obregon-Jimenez Rebeca | Award | 1,347 | $0.00 | $0.00 | filing |
| 2026-05-15 | Rhodes Sheri | Award | 1,347 | $0.00 | $0.00 | filing |
| 2026-05-15 | STEVEN-WAISS KELLEY | Award | 1,347 | $0.00 | $0.00 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.