$126.02
-0.12%FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions. It operates in two segments, Probe Cards and Systems. The company offers probe cards to test various semiconductor device types, including systems on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies. It also provides probing systems for semiconductor design engineers to capture and analyze accurate data; surface metrology systems for the development, production, and quality control of semiconductor products; thermal subsystems, such as thermal chucks and other test systems used in probe stations and other applications; and precision cryogenic instruments, semiconductor tests, and measurement systems. In addition, the company offers on-site probe card maintenance and service training, seminars, and telephone support services. The company markets and sells its products through direct sales force, manufacturers' representatives, and distributors in the United States, Taiwan, South Korea, China, Japan, Europe, rest of Asia-Pacific, and internationally. FormFactor, Inc. was incorporated in 1993 and is headquartered in Livermore, California.
Strong gross margins indicate healthy pricing and efficient production or service delivery.
Acceptable margins but limited operational leverage. Operating expense control is important.
Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
FORM โข NASDAQ
| FormFactor, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
785M | 763.6M | 663.1M | 747.9M | 769.7M | 693.6M | 589.5M | 529.7M | 548.4M | 383.9M | 282.4M | 268.5M | 231.5M | 178.5M | 169.3M | 188.6M | 135.3M | 210.2M | 462.2M | 369.2M | |
GROSS PROFIT | ||||||||||||||||||||
(477.8M) | (455.7M) | (404.5M) | (451.9M) | (446.9M) | (405.7M) | (352M) | (319.3M) | (332.8M) | (281.2M) | (196.6M) | (191.1M) | (189.2M) | (153.2M) | (148.4M) | (190.8M) | (134.5M) | (173.9M) | (215.5M) | (184.1M) | |
307.2M | 307.9M | 258.6M | 296M | 322.8M | 287.9M | 237.5M | 210.3M | 215.6M | 102.7M | 85.7M | 77.4M | 42.3M | 25.3M | 21M | -2.3M | 819K | 36.3M | 246.7M | 185.1M | |
OPERATING INCOME | ||||||||||||||||||||
(243M) | (243.1M) | (175.8M) | (241.1M) | (224.7M) | (204.1M) | (187.8M) | (174.2M) | (169.3M) | (150.6M) | (89.8M) | (98M) | (101.1M) | (89.4M) | (91.3M) | (194.9M) | (146M) | (174.3M) | (153.5M) | (118.1M) | |
(127.1M) | (141.8M) | (133M) | (131.9M) | (123.8M) | (115.1M) | (106.3M) | (99.3M) | (95.5M) | (73.4M) | (45.1M) | (51.4M) | (53.2M) | (49.2M) | (46.7M) | (67.2M) | (78.4M) | (95.2M) | (92.6M) | (71.5M) | |
(115.9M) | (121.9M) | (115.8M) | (109.2M) | (100.9M) | (89M) | (81.5M) | (75M) | (73.8M) | (57.5M) | (44.2M) | (42.7M) | (42.1M) | (40.1M) | (43.5M) | (55.4M) | (57.5M) | (65.5M) | (61M) | (46.6M) | |
64.2M | 64.8M | 82.8M | 54.9M | 98M | 83.8M | 49.7M | 36.1M | 46.3M | -47.9M | -4.1M | -20.6M | -58.8M | -64.1M | -70.4M | -197.2M | -145.2M | -138M | 93.2M | 67M | |
PRE-TAX INCOME | ||||||||||||||||||||
(521K) | (418K) | (421K) | (579K) | (602K) | (864K) | (1.9M) | (3.3M) | (4.5M) | (2.4M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
10.1M | 13.7M | 6.8M | 1.6M | -33K | 637K | 799K | -2M | -3.9M | -2.1M | 283K | 302K | 386K | 691K | 1.4M | 2.5M | 3.3M | 12.4M | 0.0 | 0.0 | |
(0.0) | -20.6M | -73M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (19.7M) | (567K) | (3.9M) | (5.7M) | (88K) | (1.1M) | (72.3M) | (10.1M) | (13.6M) | (0.0) | (0.0) | |
3.1M | 14.6M | 6.5M | 3M | 462K | 1.4M | 1.4M | -2.2M | -4.1M | -2.3M | 2.8M | 463K | 1M | 2.2M | 2.5M | 7M | 2.7M | 13.1M | 23M | 15.4M | |
67.4M | 79.4M | 89.3M | 57.9M | 98.5M | 85.2M | 51.1M | 33.9M | 42.2M | -50.2M | -1.3M | -20.1M | -57.8M | -62M | -67.9M | -190.2M | -142.4M | -124.9M | 116.2M | 82.4M | |
NET INCOME | ||||||||||||||||||||
(13M) | (9.8M) | (6.9M) | (7.1M) | (14.6M) | (6.7M) | (11.7M) | -70.1M | (1.3M) | -43.6M | (252K) | -910K | -99K | -26.4M | -1.9M | -1.9M | (13.2M) | -44.3M | (43.4M) | (25.1M) | |
54.4M | 69.6M | 82.4M | 50.7M | 83.9M | 78.5M | 39.3M | 104M | 40.9M | -6.6M | -1.5M | -19.2M | -57.7M | -35.5M | -66M | -188.3M | -155.7M | -80.6M | 72.9M | 60.8M |
FORM - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 19, 2026 | May 15, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 05, 2026 | March 28, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 29, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 02, 2026 | May 15, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 20, 2026 | December 27, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 18, 2026 | February 13, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 04, 2026 | February 04, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 09, 2026 | January 05, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 04, 2025 | September 27, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 29, 2025 | October 29, 2025 | 2025 |
Continue your FORM research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.