vs

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

Excelerate Energy, Inc. is the larger business by last-quarter revenue ($317.6M vs $226.1M, roughly 1.4× FORMFACTOR INC). On growth, FORMFACTOR INC posted the faster year-over-year revenue change (32.0% vs 15.7%). Over the past eight quarters, Excelerate Energy, Inc.'s revenue compounded faster (26.0% CAGR vs 7.0%).

Excelerate Energy, Inc. is a global leading provider of flexible liquefied natural gas (LNG) solutions, offering floating storage and regasification units, LNG delivery services and integrated infrastructure projects. It serves utility and industrial clients across Europe, Asia, Latin America and the Middle East, supporting markets to achieve accessible low-carbon energy transitions.

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.

EE vs FORM — Head-to-Head

Bigger by revenue
EE
EE
1.4× larger
EE
$317.6M
$226.1M
FORM
Growing faster (revenue YoY)
FORM
FORM
+16.3% gap
FORM
32.0%
15.7%
EE
Faster 2-yr revenue CAGR
EE
EE
Annualised
EE
26.0%
7.0%
FORM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EE
EE
FORM
FORM
Revenue
$317.6M
$226.1M
Net Profit
$20.4M
Gross Margin
38.4%
Operating Margin
22.2%
7.4%
Net Margin
9.0%
Revenue YoY
15.7%
32.0%
Net Profit YoY
218.5%
EPS (diluted)
$0.24
$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
EE
EE
FORM
FORM
Q1 26
$226.1M
Q4 25
$317.6M
$215.2M
Q3 25
$391.0M
$202.7M
Q2 25
$204.6M
$195.8M
Q1 25
$315.1M
$171.4M
Q4 24
$274.6M
$189.5M
Q3 24
$193.4M
$207.9M
Q2 24
$183.3M
$197.5M
Net Profit
EE
EE
FORM
FORM
Q1 26
$20.4M
Q4 25
$23.2M
Q3 25
$15.7M
Q2 25
$9.1M
Q1 25
$6.4M
Q4 24
$9.7M
Q3 24
$18.7M
Q2 24
$19.4M
Gross Margin
EE
EE
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
EE
EE
FORM
FORM
Q1 26
7.4%
Q4 25
22.2%
10.9%
Q3 25
22.3%
8.9%
Q2 25
21.2%
6.3%
Q1 25
20.9%
1.9%
Q4 24
21.9%
4.1%
Q3 24
30.9%
8.6%
Q2 24
27.2%
9.0%
Net Margin
EE
EE
FORM
FORM
Q1 26
9.0%
Q4 25
10.8%
Q3 25
7.7%
Q2 25
4.6%
Q1 25
3.7%
Q4 24
5.1%
Q3 24
9.0%
Q2 24
9.8%
EPS (diluted)
EE
EE
FORM
FORM
Q1 26
$0.26
Q4 25
$0.24
$0.29
Q3 25
$0.43
$0.20
Q2 25
$0.15
$0.12
Q1 25
$0.46
$0.08
Q4 24
$0.42
$0.12
Q3 24
$0.35
$0.24
Q2 24
$0.26
$0.25

Balance Sheet & Financial Strength

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

Metric
EE
EE
FORM
FORM
Cash + ST InvestmentsLiquidity on hand
$538.2M
$123.5M
Total DebtLower is stronger
$936.3M
Stockholders' EquityBook value
$2.2B
$1.1B
Total Assets
$4.1B
$1.3B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EE
EE
FORM
FORM
Q1 26
$123.5M
Q4 25
$538.2M
$103.3M
Q3 25
$462.6M
$266.0M
Q2 25
$426.0M
$249.3M
Q1 25
$619.5M
$299.0M
Q4 24
$537.5M
$360.0M
Q3 24
$608.4M
$354.5M
Q2 24
$609.1M
$357.6M
Total Debt
EE
EE
FORM
FORM
Q1 26
Q4 25
$936.3M
$12.2M
Q3 25
$942.0M
Q2 25
$946.2M
Q1 25
$322.6M
Q4 24
$333.6M
$13.3M
Q3 24
$345.7M
Q2 24
$356.4M
Stockholders' Equity
EE
EE
FORM
FORM
Q1 26
$1.1B
Q4 25
$2.2B
$1.0B
Q3 25
$2.2B
$1.0B
Q2 25
$2.1B
$990.0M
Q1 25
$1.9B
$965.9M
Q4 24
$1.9B
$947.8M
Q3 24
$1.9B
$955.0M
Q2 24
$1.8B
$947.9M
Total Assets
EE
EE
FORM
FORM
Q1 26
$1.3B
Q4 25
$4.1B
$1.2B
Q3 25
$4.1B
$1.2B
Q2 25
$4.0B
$1.2B
Q1 25
$2.9B
$1.2B
Q4 24
$2.9B
$1.1B
Q3 24
$2.9B
$1.2B
Q2 24
$2.9B
$1.2B
Debt / Equity
EE
EE
FORM
FORM
Q1 26
Q4 25
0.42×
0.01×
Q3 25
0.43×
Q2 25
0.44×
Q1 25
0.17×
Q4 24
0.18×
0.01×
Q3 24
0.18×
Q2 24
0.19×

Cash Flow & Capital Efficiency

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

Metric
EE
EE
FORM
FORM
Operating Cash FlowLast quarter
$104.4M
$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
EE
EE
FORM
FORM
Q1 26
$45.0M
Q4 25
$104.4M
$46.0M
Q3 25
$114.9M
$27.0M
Q2 25
$87.1M
$18.9M
Q1 25
$154.8M
$23.5M
Q4 24
$49.6M
$35.9M
Q3 24
$39.8M
$26.7M
Q2 24
$90.4M
$21.9M
Free Cash Flow
EE
EE
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
EE
EE
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
EE
EE
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
EE
EE
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.

Revenue Breakdown by Segment

EE
EE

Other$179.4M57%
Revenue From Leases$138.1M43%

FORM
FORM

Segment breakdown not available.

Related Comparisons