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

FORMFACTOR INC is the larger business by last-quarter revenue ($226.1M vs $211.6M, roughly 1.1× PERDOCEO EDUCATION Corp). On growth, FORMFACTOR INC posted the faster year-over-year revenue change (32.0% vs 20.0%). PERDOCEO EDUCATION Corp produced more free cash flow last quarter ($37.9M vs $30.7M). Over the past eight quarters, PERDOCEO EDUCATION Corp's revenue compounded faster (12.2% 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.

Perdoceo Education Corporation (PRDO) is a public company that owns five for-profit universities in the United States: American Intercontinental University, Colorado Technical University, California Southern University, Trident University International, and University of St. Augustine for Health Sciences. The company was previously known as Career Education Corporation.

FORM vs PRDO — Head-to-Head

Bigger by revenue
FORM
FORM
1.1× larger
FORM
$226.1M
$211.6M
PRDO
Growing faster (revenue YoY)
FORM
FORM
+12.0% gap
FORM
32.0%
20.0%
PRDO
More free cash flow
PRDO
PRDO
$7.1M more FCF
PRDO
$37.9M
$30.7M
FORM
Faster 2-yr revenue CAGR
PRDO
PRDO
Annualised
PRDO
12.2%
7.0%
FORM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FORM
FORM
PRDO
PRDO
Revenue
$226.1M
$211.6M
Net Profit
$20.4M
Gross Margin
38.4%
Operating Margin
7.4%
19.8%
Net Margin
9.0%
Revenue YoY
32.0%
20.0%
Net Profit YoY
218.5%
EPS (diluted)
$0.26
$0.55

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
PRDO
PRDO
Q1 26
$226.1M
Q4 25
$215.2M
$211.6M
Q3 25
$202.7M
$211.9M
Q2 25
$195.8M
$209.6M
Q1 25
$171.4M
$213.0M
Q4 24
$189.5M
$176.4M
Q3 24
$207.9M
$169.8M
Q2 24
$197.5M
$166.7M
Net Profit
FORM
FORM
PRDO
PRDO
Q1 26
$20.4M
Q4 25
$23.2M
Q3 25
$15.7M
$39.9M
Q2 25
$9.1M
$41.0M
Q1 25
$6.4M
$43.7M
Q4 24
$9.7M
Q3 24
$18.7M
$38.3M
Q2 24
$19.4M
$38.4M
Gross Margin
FORM
FORM
PRDO
PRDO
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
FORM
FORM
PRDO
PRDO
Q1 26
7.4%
Q4 25
10.9%
19.8%
Q3 25
8.9%
24.1%
Q2 25
6.3%
24.5%
Q1 25
1.9%
24.3%
Q4 24
4.1%
21.1%
Q3 24
8.6%
26.4%
Q2 24
9.0%
27.6%
Net Margin
FORM
FORM
PRDO
PRDO
Q1 26
9.0%
Q4 25
10.8%
Q3 25
7.7%
18.8%
Q2 25
4.6%
19.6%
Q1 25
3.7%
20.5%
Q4 24
5.1%
Q3 24
9.0%
22.5%
Q2 24
9.8%
23.0%
EPS (diluted)
FORM
FORM
PRDO
PRDO
Q1 26
$0.26
Q4 25
$0.29
$0.55
Q3 25
$0.20
$0.60
Q2 25
$0.12
$0.62
Q1 25
$0.08
$0.65
Q4 24
$0.12
$0.46
Q3 24
$0.24
$0.57
Q2 24
$0.25
$0.57

Balance Sheet & Financial Strength

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

Metric
FORM
FORM
PRDO
PRDO
Cash + ST InvestmentsLiquidity on hand
$123.5M
$111.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.1B
$972.4M
Total Assets
$1.3B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FORM
FORM
PRDO
PRDO
Q1 26
$123.5M
Q4 25
$103.3M
$111.0M
Q3 25
$266.0M
$159.5M
Q2 25
$249.3M
$172.1M
Q1 25
$299.0M
$132.1M
Q4 24
$360.0M
$109.1M
Q3 24
$354.5M
$238.0M
Q2 24
$357.6M
$127.9M
Total Debt
FORM
FORM
PRDO
PRDO
Q1 26
Q4 25
$12.2M
Q3 25
Q2 25
Q1 25
Q4 24
$13.3M
Q3 24
Q2 24
Stockholders' Equity
FORM
FORM
PRDO
PRDO
Q1 26
$1.1B
Q4 25
$1.0B
$972.4M
Q3 25
$1.0B
$997.9M
Q2 25
$990.0M
$984.6M
Q1 25
$965.9M
$970.3M
Q4 24
$947.8M
$959.5M
Q3 24
$955.0M
$935.4M
Q2 24
$947.9M
$899.5M
Total Assets
FORM
FORM
PRDO
PRDO
Q1 26
$1.3B
Q4 25
$1.2B
$1.2B
Q3 25
$1.2B
$1.3B
Q2 25
$1.2B
$1.3B
Q1 25
$1.2B
$1.3B
Q4 24
$1.1B
$1.2B
Q3 24
$1.2B
$1.1B
Q2 24
$1.2B
$1.1B
Debt / Equity
FORM
FORM
PRDO
PRDO
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
FORM
FORM
PRDO
PRDO
Operating Cash FlowLast quarter
$45.0M
$40.1M
Free Cash FlowOCF − Capex
$30.7M
$37.9M
FCF MarginFCF / Revenue
13.6%
17.9%
Capex IntensityCapex / Revenue
6.7%
1.1%
Cash ConversionOCF / Net Profit
2.21×
TTM Free Cash FlowTrailing 4 quarters
$37.5M
$216.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FORM
FORM
PRDO
PRDO
Q1 26
$45.0M
Q4 25
$46.0M
$40.1M
Q3 25
$27.0M
$41.2M
Q2 25
$18.9M
$78.8M
Q1 25
$23.5M
$65.1M
Q4 24
$35.9M
$17.6M
Q3 24
$26.7M
$51.0M
Q2 24
$21.9M
$38.5M
Free Cash Flow
FORM
FORM
PRDO
PRDO
Q1 26
$30.7M
Q4 25
$34.7M
$37.9M
Q3 25
$19.5M
$39.4M
Q2 25
$-47.4M
$76.0M
Q1 25
$5.0M
$63.4M
Q4 24
$28.3M
$16.0M
Q3 24
$17.8M
$50.0M
Q2 24
$13.5M
$37.7M
FCF Margin
FORM
FORM
PRDO
PRDO
Q1 26
13.6%
Q4 25
16.1%
17.9%
Q3 25
9.6%
18.6%
Q2 25
-24.2%
36.3%
Q1 25
2.9%
29.8%
Q4 24
14.9%
9.1%
Q3 24
8.6%
29.4%
Q2 24
6.8%
22.6%
Capex Intensity
FORM
FORM
PRDO
PRDO
Q1 26
6.7%
Q4 25
5.3%
1.1%
Q3 25
3.7%
0.9%
Q2 25
33.8%
1.3%
Q1 25
10.8%
0.8%
Q4 24
4.0%
0.9%
Q3 24
4.3%
0.6%
Q2 24
4.3%
0.5%
Cash Conversion
FORM
FORM
PRDO
PRDO
Q1 26
2.21×
Q4 25
1.98×
Q3 25
1.72×
1.03×
Q2 25
2.08×
1.92×
Q1 25
3.68×
1.49×
Q4 24
3.70×
Q3 24
1.43×
1.33×
Q2 24
1.13×
1.00×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FORM
FORM

Segment breakdown not available.

PRDO
PRDO

CTU$107.0M51%
AIUS$60.8M29%
University Of St Augustine For Health Sciences Llc$43.7M21%
Other$1.1M1%

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