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Side-by-side financial comparison of Danaos Corp (DAC) and FORMFACTOR INC (FORM). Click either name above to swap in a different company.

Danaos Corp is the larger business by last-quarter revenue ($262.2M vs $226.1M, roughly 1.2× FORMFACTOR INC). Danaos Corp runs the higher net margin — 49.9% vs 9.0%, a 40.9% gap on every dollar of revenue. On growth, FORMFACTOR INC posted the faster year-over-year revenue change (32.0% vs 6.4%).

Danaos Corporation is a leading global containership ownership and management firm. It operates a large fleet of modern container vessels, providing long-term charter services to top international container liner operators across major global trade routes, supporting the efficiency and reliability of global supply chains.

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.

DAC vs FORM — Head-to-Head

Bigger by revenue
DAC
DAC
1.2× larger
DAC
$262.2M
$226.1M
FORM
Growing faster (revenue YoY)
FORM
FORM
+25.5% gap
FORM
32.0%
6.4%
DAC
Higher net margin
DAC
DAC
40.9% more per $
DAC
49.9%
9.0%
FORM

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
DAC
DAC
FORM
FORM
Revenue
$262.2M
$226.1M
Net Profit
$130.9M
$20.4M
Gross Margin
38.4%
Operating Margin
47.9%
7.4%
Net Margin
49.9%
9.0%
Revenue YoY
6.4%
32.0%
Net Profit YoY
-7.3%
218.5%
EPS (diluted)
$7.12
$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
DAC
DAC
FORM
FORM
Q1 26
$226.1M
Q4 25
$215.2M
Q3 25
$202.7M
Q2 25
$262.2M
$195.8M
Q1 25
$171.4M
Q4 24
$189.5M
Q3 24
$207.9M
Q2 24
$246.3M
$197.5M
Net Profit
DAC
DAC
FORM
FORM
Q1 26
$20.4M
Q4 25
$23.2M
Q3 25
$15.7M
Q2 25
$130.9M
$9.1M
Q1 25
$6.4M
Q4 24
$9.7M
Q3 24
$18.7M
Q2 24
$141.2M
$19.4M
Gross Margin
DAC
DAC
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
DAC
DAC
FORM
FORM
Q1 26
7.4%
Q4 25
10.9%
Q3 25
8.9%
Q2 25
47.9%
6.3%
Q1 25
1.9%
Q4 24
4.1%
Q3 24
8.6%
Q2 24
56.8%
9.0%
Net Margin
DAC
DAC
FORM
FORM
Q1 26
9.0%
Q4 25
10.8%
Q3 25
7.7%
Q2 25
49.9%
4.6%
Q1 25
3.7%
Q4 24
5.1%
Q3 24
9.0%
Q2 24
57.3%
9.8%
EPS (diluted)
DAC
DAC
FORM
FORM
Q1 26
$0.26
Q4 25
$0.29
Q3 25
$0.20
Q2 25
$7.12
$0.12
Q1 25
$0.08
Q4 24
$0.12
Q3 24
$0.24
Q2 24
$7.23
$0.25

Balance Sheet & Financial Strength

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

Metric
DAC
DAC
FORM
FORM
Cash + ST InvestmentsLiquidity on hand
$654.1M
$123.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.6B
$1.1B
Total Assets
$4.5B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DAC
DAC
FORM
FORM
Q1 26
$123.5M
Q4 25
$103.3M
Q3 25
$266.0M
Q2 25
$654.1M
$249.3M
Q1 25
$299.0M
Q4 24
$360.0M
Q3 24
$354.5M
Q2 24
$471.7M
$357.6M
Total Debt
DAC
DAC
FORM
FORM
Q1 26
Q4 25
$12.2M
Q3 25
Q2 25
Q1 25
Q4 24
$13.3M
Q3 24
Q2 24
Stockholders' Equity
DAC
DAC
FORM
FORM
Q1 26
$1.1B
Q4 25
$1.0B
Q3 25
$1.0B
Q2 25
$3.6B
$990.0M
Q1 25
$965.9M
Q4 24
$947.8M
Q3 24
$955.0M
Q2 24
$3.3B
$947.9M
Total Assets
DAC
DAC
FORM
FORM
Q1 26
$1.3B
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$4.5B
$1.2B
Q1 25
$1.2B
Q4 24
$1.1B
Q3 24
$1.2B
Q2 24
$4.0B
$1.2B
Debt / Equity
DAC
DAC
FORM
FORM
Q1 26
Q4 25
0.01×
Q3 25
Q2 25
Q1 25
Q4 24
0.01×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DAC
DAC
FORM
FORM
Q1 26
$45.0M
Q4 25
$46.0M
Q3 25
$27.0M
Q2 25
$18.9M
Q1 25
$23.5M
Q4 24
$35.9M
Q3 24
$26.7M
Q2 24
$21.9M
Free Cash Flow
DAC
DAC
FORM
FORM
Q1 26
$30.7M
Q4 25
$34.7M
Q3 25
$19.5M
Q2 25
$-47.4M
Q1 25
$5.0M
Q4 24
$28.3M
Q3 24
$17.8M
Q2 24
$13.5M
FCF Margin
DAC
DAC
FORM
FORM
Q1 26
13.6%
Q4 25
16.1%
Q3 25
9.6%
Q2 25
-24.2%
Q1 25
2.9%
Q4 24
14.9%
Q3 24
8.6%
Q2 24
6.8%
Capex Intensity
DAC
DAC
FORM
FORM
Q1 26
6.7%
Q4 25
5.3%
Q3 25
3.7%
Q2 25
33.8%
Q1 25
10.8%
Q4 24
4.0%
Q3 24
4.3%
Q2 24
4.3%
Cash Conversion
DAC
DAC
FORM
FORM
Q1 26
2.21×
Q4 25
1.98×
Q3 25
1.72×
Q2 25
2.08×
Q1 25
3.68×
Q4 24
3.70×
Q3 24
1.43×
Q2 24
1.13×

Financial Flow Comparison

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

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