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Side-by-side financial comparison of FORMFACTOR INC (FORM) and CENTRUS ENERGY CORP (LEU). Click either name above to swap in a different company.

FORMFACTOR INC is the larger business by last-quarter revenue ($226.1M vs $146.2M, roughly 1.5× CENTRUS ENERGY CORP). On growth, FORMFACTOR INC posted the faster year-over-year revenue change (32.0% vs -3.6%). FORMFACTOR INC produced more free cash flow last quarter ($30.7M vs $-58.0M). Over the past eight quarters, CENTRUS ENERGY CORP's revenue compounded faster (82.9% CAGR vs 7.0%).

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.

Centrus Energy Corp. is an American company that supplies nuclear fuel for use in nuclear power plants and works to develop and deploy centrifuge technology to produce enriched uranium for commercial and government uses, including for national security.

FORM vs LEU — Head-to-Head

Bigger by revenue
FORM
FORM
1.5× larger
FORM
$226.1M
$146.2M
LEU
Growing faster (revenue YoY)
FORM
FORM
+35.5% gap
FORM
32.0%
-3.6%
LEU
More free cash flow
FORM
FORM
$88.7M more FCF
FORM
$30.7M
$-58.0M
LEU
Faster 2-yr revenue CAGR
LEU
LEU
Annualised
LEU
82.9%
7.0%
FORM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FORM
FORM
LEU
LEU
Revenue
$226.1M
$146.2M
Net Profit
$20.4M
Gross Margin
38.4%
23.9%
Operating Margin
7.4%
8.8%
Net Margin
9.0%
Revenue YoY
32.0%
-3.6%
Net Profit YoY
218.5%
EPS (diluted)
$0.26
$0.52

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
FORM
FORM
LEU
LEU
Q1 26
$226.1M
Q4 25
$215.2M
$146.2M
Q3 25
$202.7M
$74.9M
Q2 25
$195.8M
$154.5M
Q1 25
$171.4M
$73.1M
Q4 24
$189.5M
$151.6M
Q3 24
$207.9M
$57.7M
Q2 24
$197.5M
$189.0M
Net Profit
FORM
FORM
LEU
LEU
Q1 26
$20.4M
Q4 25
$23.2M
Q3 25
$15.7M
$3.9M
Q2 25
$9.1M
$28.9M
Q1 25
$6.4M
$27.2M
Q4 24
$9.7M
Q3 24
$18.7M
$-5.0M
Q2 24
$19.4M
$30.6M
Gross Margin
FORM
FORM
LEU
LEU
Q1 26
38.4%
Q4 25
42.2%
23.9%
Q3 25
39.8%
-5.7%
Q2 25
37.3%
34.9%
Q1 25
37.7%
45.0%
Q4 24
38.8%
40.8%
Q3 24
40.7%
15.4%
Q2 24
44.0%
19.3%
Operating Margin
FORM
FORM
LEU
LEU
Q1 26
7.4%
Q4 25
10.9%
8.8%
Q3 25
8.9%
-22.2%
Q2 25
6.3%
21.7%
Q1 25
1.9%
28.0%
Q4 24
4.1%
29.7%
Q3 24
8.6%
-13.2%
Q2 24
9.0%
11.2%
Net Margin
FORM
FORM
LEU
LEU
Q1 26
9.0%
Q4 25
10.8%
Q3 25
7.7%
5.2%
Q2 25
4.6%
18.7%
Q1 25
3.7%
37.2%
Q4 24
5.1%
Q3 24
9.0%
-8.7%
Q2 24
9.8%
16.2%
EPS (diluted)
FORM
FORM
LEU
LEU
Q1 26
$0.26
Q4 25
$0.29
$0.52
Q3 25
$0.20
$0.19
Q2 25
$0.12
$1.59
Q1 25
$0.08
$1.60
Q4 24
$0.12
$3.26
Q3 24
$0.24
$-0.30
Q2 24
$0.25
$1.89

Balance Sheet & Financial Strength

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

Metric
FORM
FORM
LEU
LEU
Cash + ST InvestmentsLiquidity on hand
$123.5M
$2.0B
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.1B
$765.1M
Total Assets
$1.3B
$2.4B
Debt / EquityLower = less leverage
1.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FORM
FORM
LEU
LEU
Q1 26
$123.5M
Q4 25
$103.3M
$2.0B
Q3 25
$266.0M
$1.6B
Q2 25
$249.3M
$833.0M
Q1 25
$299.0M
$653.0M
Q4 24
$360.0M
$671.4M
Q3 24
$354.5M
$194.3M
Q2 24
$357.6M
$227.0M
Total Debt
FORM
FORM
LEU
LEU
Q1 26
Q4 25
$12.2M
$1.2B
Q3 25
$1.2B
Q2 25
$390.0M
Q1 25
$389.5M
Q4 24
$13.3M
$472.5M
Q3 24
$83.5M
Q2 24
$86.5M
Stockholders' Equity
FORM
FORM
LEU
LEU
Q1 26
$1.1B
Q4 25
$1.0B
$765.1M
Q3 25
$1.0B
$363.1M
Q2 25
$990.0M
$359.1M
Q1 25
$965.9M
$213.9M
Q4 24
$947.8M
$161.4M
Q3 24
$955.0M
$76.4M
Q2 24
$947.9M
$76.6M
Total Assets
FORM
FORM
LEU
LEU
Q1 26
$1.3B
Q4 25
$1.2B
$2.4B
Q3 25
$1.2B
$2.2B
Q2 25
$1.2B
$1.3B
Q1 25
$1.2B
$1.3B
Q4 24
$1.1B
$1.1B
Q3 24
$1.2B
$591.0M
Q2 24
$1.2B
$668.2M
Debt / Equity
FORM
FORM
LEU
LEU
Q1 26
Q4 25
0.01×
1.54×
Q3 25
3.23×
Q2 25
1.09×
Q1 25
1.82×
Q4 24
0.01×
2.93×
Q3 24
1.09×
Q2 24
1.13×

Cash Flow & Capital Efficiency

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

Metric
FORM
FORM
LEU
LEU
Operating Cash FlowLast quarter
$45.0M
$-48.4M
Free Cash FlowOCF − Capex
$30.7M
$-58.0M
FCF MarginFCF / Revenue
13.6%
-39.7%
Capex IntensityCapex / Revenue
6.7%
6.6%
Cash ConversionOCF / Net Profit
2.21×
TTM Free Cash FlowTrailing 4 quarters
$37.5M
$31.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FORM
FORM
LEU
LEU
Q1 26
$45.0M
Q4 25
$46.0M
$-48.4M
Q3 25
$27.0M
$10.1M
Q2 25
$18.9M
$52.8M
Q1 25
$23.5M
$36.5M
Q4 24
$35.9M
$57.9M
Q3 24
$26.7M
$-33.2M
Q2 24
$21.9M
$7.0M
Free Cash Flow
FORM
FORM
LEU
LEU
Q1 26
$30.7M
Q4 25
$34.7M
$-58.0M
Q3 25
$19.5M
$5.7M
Q2 25
$-47.4M
$49.2M
Q1 25
$5.0M
$34.4M
Q4 24
$28.3M
$57.2M
Q3 24
$17.8M
$-34.2M
Q2 24
$13.5M
$6.1M
FCF Margin
FORM
FORM
LEU
LEU
Q1 26
13.6%
Q4 25
16.1%
-39.7%
Q3 25
9.6%
7.6%
Q2 25
-24.2%
31.8%
Q1 25
2.9%
47.1%
Q4 24
14.9%
37.7%
Q3 24
8.6%
-59.3%
Q2 24
6.8%
3.2%
Capex Intensity
FORM
FORM
LEU
LEU
Q1 26
6.7%
Q4 25
5.3%
6.6%
Q3 25
3.7%
5.9%
Q2 25
33.8%
2.3%
Q1 25
10.8%
2.9%
Q4 24
4.0%
0.5%
Q3 24
4.3%
1.7%
Q2 24
4.3%
0.5%
Cash Conversion
FORM
FORM
LEU
LEU
Q1 26
2.21×
Q4 25
1.98×
Q3 25
1.72×
2.59×
Q2 25
2.08×
1.83×
Q1 25
3.68×
1.34×
Q4 24
3.70×
Q3 24
1.43×
Q2 24
1.13×
0.23×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FORM
FORM

Segment breakdown not available.

LEU
LEU

Separative Work Units$111.0M76%
Services$21.8M15%
Other$13.4M9%

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