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Side-by-side financial comparison of Accel Entertainment, Inc. (ACEL) and FORMFACTOR INC (FORM). Click either name above to swap in a different company.

Accel Entertainment, Inc. is the larger business by last-quarter revenue ($341.4M vs $226.1M, roughly 1.5× FORMFACTOR INC). FORMFACTOR INC runs the higher net margin — 9.0% vs 4.7%, a 4.3% gap on every dollar of revenue. On growth, FORMFACTOR INC posted the faster year-over-year revenue change (32.0% vs 7.5%). FORMFACTOR INC produced more free cash flow last quarter ($30.7M vs $16.0M). Over the past eight quarters, FORMFACTOR INC's revenue compounded faster (7.0% CAGR vs 6.4%).

Legendary Entertainment, LLC is an American mass media and film production company based in Burbank, California, founded by Thomas Tull in 2000. The company has often collaborated with the major studios, including Warner Bros. Pictures, Universal Pictures, Sony Pictures and Paramount Pictures, as well as streaming services such as Netflix and Hulu.

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.

ACEL vs FORM — Head-to-Head

Bigger by revenue
ACEL
ACEL
1.5× larger
ACEL
$341.4M
$226.1M
FORM
Growing faster (revenue YoY)
FORM
FORM
+24.4% gap
FORM
32.0%
7.5%
ACEL
Higher net margin
FORM
FORM
4.3% more per $
FORM
9.0%
4.7%
ACEL
More free cash flow
FORM
FORM
$14.8M more FCF
FORM
$30.7M
$16.0M
ACEL
Faster 2-yr revenue CAGR
FORM
FORM
Annualised
FORM
7.0%
6.4%
ACEL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ACEL
ACEL
FORM
FORM
Revenue
$341.4M
$226.1M
Net Profit
$16.2M
$20.4M
Gross Margin
38.4%
Operating Margin
8.7%
7.4%
Net Margin
4.7%
9.0%
Revenue YoY
7.5%
32.0%
Net Profit YoY
93.3%
218.5%
EPS (diluted)
$0.19
$0.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACEL
ACEL
FORM
FORM
Q1 26
$226.1M
Q4 25
$341.4M
$215.2M
Q3 25
$329.7M
$202.7M
Q2 25
$335.9M
$195.8M
Q1 25
$323.9M
$171.4M
Q4 24
$317.5M
$189.5M
Q3 24
$302.2M
$207.9M
Q2 24
$309.4M
$197.5M
Net Profit
ACEL
ACEL
FORM
FORM
Q1 26
$20.4M
Q4 25
$16.2M
$23.2M
Q3 25
$13.4M
$15.7M
Q2 25
$7.3M
$9.1M
Q1 25
$14.6M
$6.4M
Q4 24
$8.4M
$9.7M
Q3 24
$4.9M
$18.7M
Q2 24
$14.6M
$19.4M
Gross Margin
ACEL
ACEL
FORM
FORM
Q1 26
38.4%
Q4 25
42.2%
Q3 25
39.8%
Q2 25
37.3%
Q1 25
37.7%
Q4 24
38.8%
Q3 24
40.7%
Q2 24
44.0%
Operating Margin
ACEL
ACEL
FORM
FORM
Q1 26
7.4%
Q4 25
8.7%
10.9%
Q3 25
7.7%
8.9%
Q2 25
8.0%
6.3%
Q1 25
8.0%
1.9%
Q4 24
6.5%
4.1%
Q3 24
7.2%
8.6%
Q2 24
7.3%
9.0%
Net Margin
ACEL
ACEL
FORM
FORM
Q1 26
9.0%
Q4 25
4.7%
10.8%
Q3 25
4.1%
7.7%
Q2 25
2.2%
4.6%
Q1 25
4.5%
3.7%
Q4 24
2.6%
5.1%
Q3 24
1.6%
9.0%
Q2 24
4.7%
9.8%
EPS (diluted)
ACEL
ACEL
FORM
FORM
Q1 26
$0.26
Q4 25
$0.19
$0.29
Q3 25
$0.16
$0.20
Q2 25
$0.08
$0.12
Q1 25
$0.17
$0.08
Q4 24
$0.09
$0.12
Q3 24
$0.06
$0.24
Q2 24
$0.17
$0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACEL
ACEL
FORM
FORM
Cash + ST InvestmentsLiquidity on hand
$296.6M
$123.5M
Total DebtLower is stronger
$607.4M
Stockholders' EquityBook value
$269.7M
$1.1B
Total Assets
$1.1B
$1.3B
Debt / EquityLower = less leverage
2.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACEL
ACEL
FORM
FORM
Q1 26
$123.5M
Q4 25
$296.6M
$103.3M
Q3 25
$290.2M
$266.0M
Q2 25
$264.6M
$249.3M
Q1 25
$271.9M
$299.0M
Q4 24
$281.3M
$360.0M
Q3 24
$265.1M
$354.5M
Q2 24
$254.9M
$357.6M
Total Debt
ACEL
ACEL
FORM
FORM
Q1 26
Q4 25
$607.4M
$12.2M
Q3 25
$595.4M
Q2 25
$595.5M
Q1 25
$580.7M
Q4 24
$595.4M
$13.3M
Q3 24
$554.1M
Q2 24
$565.7M
Stockholders' Equity
ACEL
ACEL
FORM
FORM
Q1 26
$1.1B
Q4 25
$269.7M
$1.0B
Q3 25
$267.1M
$1.0B
Q2 25
$260.5M
$990.0M
Q1 25
$259.1M
$965.9M
Q4 24
$255.0M
$947.8M
Q3 24
$206.7M
$955.0M
Q2 24
$209.1M
$947.9M
Total Assets
ACEL
ACEL
FORM
FORM
Q1 26
$1.3B
Q4 25
$1.1B
$1.2B
Q3 25
$1.1B
$1.2B
Q2 25
$1.1B
$1.2B
Q1 25
$1.0B
$1.2B
Q4 24
$1.0B
$1.1B
Q3 24
$950.2M
$1.2B
Q2 24
$950.3M
$1.2B
Debt / Equity
ACEL
ACEL
FORM
FORM
Q1 26
Q4 25
2.25×
0.01×
Q3 25
2.23×
Q2 25
2.29×
Q1 25
2.24×
Q4 24
2.33×
0.01×
Q3 24
2.68×
Q2 24
2.71×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACEL
ACEL
FORM
FORM
Operating Cash FlowLast quarter
$31.1M
$45.0M
Free Cash FlowOCF − Capex
$16.0M
$30.7M
FCF MarginFCF / Revenue
4.7%
13.6%
Capex IntensityCapex / Revenue
4.4%
6.7%
Cash ConversionOCF / Net Profit
1.92×
2.21×
TTM Free Cash FlowTrailing 4 quarters
$62.0M
$37.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACEL
ACEL
FORM
FORM
Q1 26
$45.0M
Q4 25
$31.1M
$46.0M
Q3 25
$55.2M
$27.0M
Q2 25
$19.8M
$18.9M
Q1 25
$44.8M
$23.5M
Q4 24
$13.5M
$35.9M
Q3 24
$50.1M
$26.7M
Q2 24
$28.9M
$21.9M
Free Cash Flow
ACEL
ACEL
FORM
FORM
Q1 26
$30.7M
Q4 25
$16.0M
$34.7M
Q3 25
$34.2M
$19.5M
Q2 25
$-6.2M
$-47.4M
Q1 25
$18.0M
$5.0M
Q4 24
$2.1M
$28.3M
Q3 24
$33.1M
$17.8M
Q2 24
$11.4M
$13.5M
FCF Margin
ACEL
ACEL
FORM
FORM
Q1 26
13.6%
Q4 25
4.7%
16.1%
Q3 25
10.4%
9.6%
Q2 25
-1.9%
-24.2%
Q1 25
5.6%
2.9%
Q4 24
0.7%
14.9%
Q3 24
11.0%
8.6%
Q2 24
3.7%
6.8%
Capex Intensity
ACEL
ACEL
FORM
FORM
Q1 26
6.7%
Q4 25
4.4%
5.3%
Q3 25
6.4%
3.7%
Q2 25
7.8%
33.8%
Q1 25
8.3%
10.8%
Q4 24
3.6%
4.0%
Q3 24
5.6%
4.3%
Q2 24
5.7%
4.3%
Cash Conversion
ACEL
ACEL
FORM
FORM
Q1 26
2.21×
Q4 25
1.92×
1.98×
Q3 25
4.13×
1.72×
Q2 25
2.71×
2.08×
Q1 25
3.06×
3.68×
Q4 24
1.62×
3.70×
Q3 24
10.23×
1.43×
Q2 24
1.98×
1.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACEL
ACEL

Video Gaming$319.1M93%
ATM Fees And Other Revenue$13.5M4%
Amusement$5.3M2%
Manufacturing$3.6M1%

FORM
FORM

Segment breakdown not available.

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