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Buy Day today: Poor Neutral (49) Good Mixed market breadth · no major macro event

FormFactor Inc (FORM)

Technology Semiconductor Equipment & Ma
105.30 $
Closing price · As of: 20. Jul 2026
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This stock currently matches 26 of our scanner strategies — each hit links to the scanner.

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Basics

Market Cap
12.7Mrd. $
Shares Outstanding
78Mio.
Float
99.2%
Beta
1.2

Performance

Perf. 1M
10.70%
Perf. 3M
47.20%
Perf. 6M
147.90%
YTD Performance (%)
156.00%
52-Week-High Distance
-6.5%

Valuation

very high
P/E
150.3
Forward P/E
51.8
PEG
1.4
P/B
9.6
P/S
15.1
EV/EBITDA
73.0
Price/FCF
347.5

Profitability

Gross Margin
42.2%
EBIT Margin
17.7%
Net Margin
8.1%
Return on Equity
6.8%
Return on Assets
5.1%

Balance Sheet & Safety

Equity Ratio
84.3%
Debt/Equity
0.04
Altman Z
12.28
very solid
Piotroski
8 von 9

Growth

Sales Growth Last Quarter
32.00%
EPS Growth Last Quarter
225.00%
Sales Growth (Year)
2.80%
Forward Sales Growth
13.41%
Forward EPS Growth
14.50%

Quality & Screener

Stage
2
Top 10%
RS Rating
97
EPS Rating
91
very solid
Piotroski
8 von 9
Fundamental Rating
A (+51 von 100)
Altman Z
12.28

AI Rating

Uses AI

FormFactor verkauft keine KI-Produkte, sondern profitiert als Testausrüster nur indirekt vom KI-Speicher-Boom (HBM); operativ setzt das Unternehmen laut Geschäftsbericht (10-K) 2025 KI-Technologien in verschiedenen Bereichen des eigenen Betriebs ein, auch in seinen IT-Systemen.

View the full file — quotes, sources, reviewed filings
„Furthermore, we utilize artificial intelligence ("AI") technologies in various aspects of our operations, which introduces novel and evolving risks. AI models can produce inaccurate, biased, or unpredictable outputs, potentially leading to flawed decision-making, operational inefficiencies, or customer dissatisfaction."

Darüber hinaus setzen wir Technologien der künstlichen Intelligenz („KI“) in verschiedenen Bereichen unseres Betriebs ein, was neuartige und sich entwickelnde Risiken mit sich bringt. KI-Modelle können ungenaue, verzerrte oder unvorhersehbare Ergebnisse liefern, die zu fehlerhaften Entscheidungen, betrieblichen Ineffizienzen oder Kundenunzufriedenheit führen können.

10-K · 2026-02-20 · View SEC filing
„Failures in our information technology systems, including those incorporating artificial intelligence, or our inability to adapt to technological advancements, could disrupt our operations and harm our business."

Ausfälle in unseren IT-Systemen, einschließlich derjenigen, die künstliche Intelligenz einbinden, oder unsere Unfähigkeit, uns an technologische Fortschritte anzupassen, könnten unseren Betrieb stören und unserem Geschäft schaden.

10-K · 2026-02-20 · View SEC filing

Filings Reviewed: 10-K 2026-02-20 · 10-Q 2026-05-05 · 10-K 2025-02-21

Rated on July 10, 2026 · How the Rating Is Built

Highlighted are things our editorial team noticed: green = stands out as strong, red = deserves a closer look. No single metric is a verdict on its own — always read it in context.

Sales Per Quarter ($M)
2024: Q4 · 189.5 Mio. $ Q4 2025: Q1 · 171.4 Mio. $ Q1 2025: Q2 · 195.8 Mio. $ Q2 2025: Q3 · 202.7 Mio. $ Q3 2025: Q4 · 215.2 Mio. $ Q4 2026: Q1 · 226.1 Mio. $ Q1
Earnings Per Share Per Quarter ($)
2024: Q4 · 0.12 $ Q4 2025: Q1 · 0.08 $ Q1 2025: Q2 · 0.12 $ Q2 2025: Q3 · 0.20 $ Q3 2025: Q4 · 0.29 $ Q4 2026: Q1 · 0.26 $ Q1
Net Margin Per Quarter (%)
2024: Q4 · 5.1 % Q4 2025: Q1 · 3.7 % Q1 2025: Q2 · 4.6 % Q2 2025: Q3 · 7.7 % Q3 2025: Q4 · 10.8 % Q4 2026: Q1 · 9.0 % Q1
Operating Cash Flow Per Quarter ($M)
2024: Q4 · 35.9 Mio. $ Q4 2025: Q1 · 23.5 Mio. $ Q1 2025: Q2 · 18.9 Mio. $ Q2 2025: Q3 · 27.0 Mio. $ Q3 2025: Q4 · 46.0 Mio. $ Q4 2026: Q1 · 45.0 Mio. $ Q1
Free Cash Flow Per Quarter ($M)
2024: Q4 · 28.2 Mio. $ Q4 2025: Q1 · 5.0 Mio. $ Q1 2025: Q2 · -47.4 Mio. $ Q2 2025: Q3 · 19.5 Mio. $ Q3 2025: Q4 · 34.7 Mio. $ Q4 2026: Q1 · 29.8 Mio. $ Q1
Sales Growth vs. Year-Ago Quarter (%)
2024: Q4 · 12.7 % Q4 2025: Q1 · 1.6 % Q1 2025: Q2 · -0.8 % Q2 2025: Q3 · -2.5 % Q3 2025: Q4 · 13.6 % Q4 2026: Q1 · 32.0 % Q1
EPS Growth vs. Year-Ago Quarter (%)
2024: Q4 · -87.1 % Q4 2025: Q1 · -70.4 % Q1 2025: Q2 · -52.4 % Q2 2025: Q3 · -15.7 % Q3 2025: Q4 · 136.6 % Q4 2026: Q1 · 212.3 % Q1
Price Change in Quarter (%)
2024: Q4 · -4.3 % Q4 2025: Q1 · -35.7 % Q1 2025: Q2 · 21.6 % Q2 2025: Q3 · 5.8 % Q3 2025: Q4 · 53.2 % Q4 2026: Q1 · 73.9 % Q1

Quarterly Figures

Quarterly Figures
Quarter EPS (Earnings Per Share) EPS YoY (%) Sales ($M) Sales YoY (%) Net Margin (%) OCF ($M) FCF ($M)
2024: Q4 0.12 -87.10 190 12.70 5.10 36 28
2025: Q1 0.08 -70.40 171 1.60 3.70 24 5
2025: Q2 0.12 -52.40 196 -0.80 4.60 19 -47
2025: Q3 0.20 -15.70 203 -2.50 7.70 27 20
2025: Q4 0.29 136.60 215 13.60 10.80 46 35
2026: Q1 0.26 212.30 226 32.00 9.00 45 30
What Do These Terms Mean?
EPS (Earnings Per Share):
Quarterly profit divided by the total share count — how much of the profit works out to a single share.
YoY (Year over Year):
Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
Sales:
All revenue for the quarter, before any costs are deducted — the top line of the income statement.
Net Margin:
What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
OCF (Operating Cash Flow):
The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
FCF (Free Cash Flow):
Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.

About the Company

FormFactor, Inc. entwirft, fertigt und verkauft Probe Cards, Analyseproben, Probe Stations, Thermalsysteme, kryogene Systeme und zugehörige Dienste in den USA, Südkorea, Taiwan, China, Japan, Singapur, Europa, Malaysia und international.

Employees2,153
HeadquartersLivermore, CA
Websiteformfactor.com
IPO Date12. Jun 2003
Next Earnings29. Jul 2026

Management

Management
Name Title Birth Year
Michael D. Slessor Ph.D. CEO, President & Director 1970
Aric McKinnis Senior VP & CFO 1983
Missy Figueroa Senior Vice President of Global Operations
Steven Nott Senior VP & Chief Information Officer
Stan Finkelstein Head of Investor Relations
Alan Lop-Gate Chan Senior VP, Chief Legal Officer & Corporate Secretary 1977
Aliza Scott Senior VP & Chief Human Resources Officer
Aasutosh Dave Senior Vice President & Chief Commercial Officer
Sudhakar Raman Senior VP & GM of Probes Business Unit
Jens Klattenhoff Senior VP & GM of Systems Business Unit

Executives per the latest required filings; titles kept in their original language. Source: fundamental data.

Chart

Interactive price chart (TradingView).

Data as of: July 20, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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