FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally. It operates in two segments: Probe Cards and Systems segments. The company provides probe cards to test various semiconductor device types, including systems- on-chip products, such as graphics, central, digital processing units, and other custom application-specific processing units; mobile application processors, microprocessors, and microcontrollers; network devices, which include switches and network processing units; dynamic random-access memory; radio-frequency amplifiers and filters; antenna-in-package devices; analog and mixed-signal integrated circuits; image sensors; co-packaged optical integrated circuits; NAND flash memory; NOR flash memory; and quantum computer processor devices. It also offers analytical probes, which are used for device characterization, electrical simulation model development, failure analysis, and prototype design debugging; probe stations, a critical tool for the development of new generations of semiconductor and electro-optical processes and designs; and thermal subsystems, which include thermal chucks and other test systems used in probe stations and other applications for precise temperature management. In addition, the company provides cryogenic systems, which includes the manufacture of precision cryogenic instruments and semiconductor test and measurement systems; and services and support, including installation services. Further, it offers on-site probe card maintenance and service training, seminars, and telephone support services. It sells its products through direct sales force, manufacturers' representatives, and distributors. It has a strategic collaboration with Teradyne. The company was incorporated in 1993 and is headquartered in Livermore, California.

FormFactor Inc. (FORM) Stock Price & Market Analysis
FORM · NASDAQ · Semiconductors
$99.31
▲ +$4.28(+4.50%)1:41 PM ET - vs previous closeQuote as of Oct 23, 2026, 1:41 PM EDT
NASDAQ regular-session quote as of Oct 23, 2026, 1:41 PM EDT.
Long-term rangesAvailable historyHide
Historical range: 2003-06-12–2026-10-23. Earlier trading may not be included.
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Data dates
PriceDelayedLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
What matters next
Next important events
- Oct 28, 2026Next earnings · After market closeConfirmed · After market close · Last verified 2026-10-23
Countdown
5 days out
Reported fundamentals
FORM financial overview
Annual revenue
USD 784.99M
Sales for the fiscal year ended Dec 27, 2025. This is not trailing twelve-month revenue.
Revenue change
+2.8%
Change versus the fiscal year ended Dec 28, 2024.
Net profit margin
6.9%
Net income divided by revenue for the fiscal year ended Dec 27, 2025. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · ProfileAbout FormFactor Inc. (FORM)Sector, leadership, and how FormFactor Inc. earns its revenue.Technology
FormFactor Inc.
NASDAQ · FORM · US
Company overview as of Oct 23, 2026.
- Sector
- Technology
- Industry
- Semiconductors
- Headquarters
- Livermore, CA, United States
- Country
- US
- Founded
- 2003
- Employees
- 2,153
- CEO
- Dr. Michael D. Slessor Ph.D.
- Exchange
- NASDAQ
Business model & operating evidenceExplore business exposure, reported operating measures and the evidence behind growth and profitability claims.
AI business exposure
- Revenue exposure
- AI-specific revenue is not separated in the available company statements.
- Capital-spending dependency
- No reviewed quantitative dependency model is available.
- Compute role
- See the sourced business description; AI labels do not establish compute revenue.
- Platform examples
- An exhaustive, consistently defined product inventory is unavailable.
- Ecosystem links
- Supplier and customer links require reviewed disclosures.
Narrative versus numbers
Demand is expanding
Supporting observation: 31.9%
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · 2026-06-27
Growth produces accounting profit
Insufficient evidence: Unavailable
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · 2026-10-23T03:27:53.964Z
The business generates cash after investment
Supporting observation: USD 52.2M
Latest reported free cash flow. It is not a forecast and may cover a different period from the fiscal-year figures above. · 2026-06-27
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $258.24Mquarter ended Jun 27, 2026
- Gross margin
- 50.7%quarter ended Jun 27, 2026
- Operating margin
- 22.4%quarter ended Jun 27, 2026
- EPS
- $0.71quarter ended Jun 27, 2026
- Capital expenditure
- $9.60Mquarter ended Jun 27, 2026
- Free cash flow
- $52.20Mquarter ended Jun 27, 2026
- Free cash flow margin
- 20.2%quarter ended Jun 27, 2026
- Operating cash / net income
- 1.10×quarter ended Jun 27, 2026
- Revenue growth year over year
- 31.9%quarter ended Jun 27, 2026
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Reviewed company relationships
Direct competitors, industry comparables and thematic alternatives have different uses. Compare fiscal periods and business mix before comparing multiples.
Company-specific relationship evidence is not included in this snapshot. Explore the industry comparisons below without assuming that every comparable is a direct competitor.
A disclosed relationship is historical evidence, not a current valuation or a recommendation.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
Regular session
Regular hours: 9:30 AM–4:00 PM America/New_York
Next open: 2026-10-26 · 9:30 AM America/New_York
Exchange calendar includes scheduled holidays and early closes. Extended-session prices appear separately only when supplied by the quote source.
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