FORMFACTOR INCFORMEarnings & Financial Report
Formfactor, Inc. is a provider of test and measurement technologies for integrated circuits, with its headquarters in Livermore, California. It provides semiconductor companies with products to improve device performance and provide test and measurement technologies for integrated circuits.
FORM Q1 FY2026 Key Financial Metrics
Revenue
$226.1M
Gross Profit
$86.8M
Operating Profit
$16.6M
Net Profit
$20.4M
Gross Margin
38.4%
Operating Margin
7.4%
Net Margin
9.0%
YoY Growth
32.0%
EPS
$0.26
FORMFACTOR INC Q1 FY2026 Financial Summary
FORMFACTOR INC reported revenue of $226.1M (up 32.0% YoY) for Q1 FY2026, with a net profit of $20.4M (up 218.5% YoY) (9.0% margin). Cost of goods sold was $139.3M, operating expenses totaled $70.1M.
Key Financial Metrics
| Total Revenue | $226.1M |
|---|---|
| Net Profit | $20.4M |
| Gross Margin | 38.4% |
| Operating Margin | 7.4% |
| Report Period | Q1 FY2026 |
FORMFACTOR INC Annual Revenue by Year
FORMFACTOR INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $785.0M).
FORMFACTOR INC Quarterly Revenue & Net Profit History
FORMFACTOR INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $226.1M | +32.0% | $20.4M | 9.0% |
| Q4 FY2025 | $215.2M | +13.6% | $23.2M | 10.8% |
| Q3 FY2025 | $202.7M | -2.5% | $15.7M | 7.7% |
| Q2 FY2025 | $195.8M | -0.8% | $9.1M | 4.6% |
| Q1 FY2025 | $171.4M | +1.6% | $6.4M | 3.7% |
| Q4 FY2024 | $189.5M | +12.7% | $9.7M | 5.1% |
| Q3 FY2024 | $207.9M | +21.2% | $18.7M | 9.0% |
| Q2 FY2024 | $197.5M | +17.9% | $19.4M | 9.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $197.5M | $207.9M | $189.5M | $171.4M | $195.8M | $202.7M | $215.2M | $226.1M |
| YoY Growth | 17.9% | 21.2% | 12.7% | 1.6% | -0.8% | -2.5% | 13.6% | 32.0% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.16B | $1.15B | $1.15B | $1.16B | $1.18B | $1.20B | $1.22B | $1.26B |
| Liabilities | $208.3M | $198.8M | $198.4M | $190.3M | $191.6M | $193.4M | $189.0M | $197.1M |
| Equity | $947.9M | $955.0M | $947.8M | $965.9M | $990.0M | $1.01B | $1.04B | $1.06B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $21.9M | $26.7M | $35.9M | $23.5M | $18.9M | $27.0M | $46.0M | $45.0M |