FormFactor, Inc. (NASDAQ: FORM) is a Technology company in the Semiconductors industry. QuoTrend tracks its price, financials, earnings, analyst ratings and insider trades.
| Index | - | P/E | 82.97 | EPS (ttm) | 1.45 | Insider Own | 1.42% | Shs Outstand | 77.95M | Perf Week | 36.35% |
| Market Cap | 9.38B | Forward P/E | 32.10 | EPS next Y | 3.75 | Insider Trans | -10.79% | Shs Float | 77.38M | Perf Month | 1.37% |
| Enterprise Value | 9.05B | PEG | 4.18 | EPS next Q | - | Inst Own | - | Short Float | 3.60% | Perf Quarter | -10.47% |
| Income | 115.00M | P/S | 10.40 | EPS this Y | 110.22% | Inst Trans | - | Short Ratio | 1.40 | Perf Half Y | 68.79% |
| Sales | 902.00M | P/B | 8.44 | EPS next Y | 22.96% | ROA | 8.60% | Short Interest | 2.79M | Perf YTD | 115.67% |
| Book/sh | 14.25 | P/C | 27.10 | EPS next 5Y | 19.87% | ROE | 10.96% | 52W High | 160.27 -24.94% | Perf Year | 315.83% |
| Cash/sh | 4.44 | P/FCF | 60.82 | EPS past 3/5Y | 2.01% -6.97% | ROIC | 11.16% | 52W Low | 27.00 345.56% | Perf 3Y | 226.02% |
| Dividend Est. | - | EV/EBITDA | 52.93 | Sales past 3/5Y | 1.62% 2.49% | Gross Margin | 45.64% | Volatility | 8.85% 7.20% | Perf 5Y | 245.79% |
| Dividend TTM | - | EV/Sales | 10.03 | EPS Y/Y TTM | 62.92% | Oper. Margin | 16.86% | ATR (14) | 11.34 | Perf 10Y | 1137.65% |
| Dividend Ex-Date | - | Quick Ratio | 3.34 | Sales Y/Y TTM | 18.06% | Profit Margin | 12.80% | RSI (14) | 53.94 | Recom | 2.53 |
| Dividend Gr. 3/5Y | - | Current Ratio | 4.08 | EPS Q/Q | 143.48% | SMA20 | 11.18% | Beta | 1.24 | Target Price | 150.50 |
| Payout | 0.00% | Debt/Eq | 0.04 | Sales Q/Q | 31.63% | SMA50 | -2.34% | Rel Volume | 1.12 | Prev Close | 108.80 |
| Employees | 2,153 | LT Debt/Eq | 0.03 | Earnings | Nov 04 | SMA200 | 27.15% | Avg Volume | 1.88M | Price | 120.30 |
| IPO Date | Jun 12, 2003 | Option/Short | Yes / Yes | EPS/Sales Surpr. | 27.18% 0.27% | Net Debt/EBITDA | -0.53 | Volume | 2,092,100 | Change | 10.57% |
| Date | Action | Analyst | Rating | Target |
|---|---|---|---|---|
| Jul-30-26 | Reiterated | Evercore ISI Group | Outperform | $155 → $150 |
| Jun-12-26 | Upgrade | B. Riley Securities | Neutral → Buy | |
| Jun-05-26 | Upgrade | Evercore ISI Group | In Line → Outperform | |
| May-12-26 | Upgrade | Craig-Hallum | Hold → Buy | $90 → $175 |
| Apr-30-26 | Reiterated | Northland Securities | Market Perform | $70 → $118 |
| Apr-30-26 | Reiterated | Cowen & Co. | Market Perform | $80 → $150 |
| Apr-30-26 | Reiterated | Stifel Nicolaus | Hold | $75 → $135 |
| Apr-30-26 | Reiterated | Evercore ISI Group | In Line | $80 → $155 |
| Apr-29-26 | Reiterated | Evercore ISI Group | In Line | $80 → $155 |
| Apr-27-26 | Reiterated | Cantor Fitzgerald | Overweight | $125 → $175 |
FormFactor, Inc., established in Livermore, California in 1993, specializes in the design, manufacturing, and global distribution of advanced test and measurement solutions for the semiconductor industry. The company primarily caters to semiconductor manufacturers and research institutions, operating through two main divisions: Probe Cards and Systems. Within the Probe Cards segment, FormFactor supplies crucial components designed to verify the functionality of a wide array of integrated circuits. These include complex system-on-chip (SoC) products, processors for mobile applications, microcontrollers, graphics processors, and various memory devices such as dynamic random-access memory (DRAM) and NAND/NOR flash. Additionally, their probe cards support the testing of radio frequency (RF), analog, mixed-signal, image sensor, and electro-optical devices. The Systems division encompasses several specialized product lines. For instance, analytical probes are instrumental in applications such as device characterization, developing electrical simulation models, conducting failure analysis, and debugging prototype designs. These probes serve a diverse clientele including universities, research facilities, integrated device manufacturers (IDMs), semiconductor foundries, and fabless semiconductor companies. Furthermore, FormFactor provides probing systems that enable semiconductor design engineers to accurately capture and analyze critical data. They also offer surface metrology systems vital for product development, manufacturing, and quality assurance in semiconductor production. The company's thermal subsystems, such as thermal chucks, are incorporated into probe stations and other testing environments. Completing their portfolio are precision cryogenic instruments and associated test and measurement systems for semiconductors. Beyond hardware, FormFactor delivers comprehensive support services, including on-site maintenance for probe cards, specialized training programs, educational seminars, and telephone assistance. The company leverages a multi-channel sales strategy, utilizing a direct sales force, manufacturers' representatives, and independent distributors to market its offerings across major global markets. Its operational footprint spans the United States, Taiwan, South Korea, China, Japan, Europe, the broader Asia-Pacific region, and various other international territories.
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| Line Item (USD, M) | TTM — | FY 2025 12/27/2025 | FY 2024 12/28/2024 | FY 2023 12/31/2023 | FY 2022 12/31/2022 | FY 2021 12/31/2021 | FY 2020 12/31/2020 | FY 2019 12/31/2019 | FY 2018 12/31/2018 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 902 | 785 | 764 | 663 | 748 | 770 | 694 | 589 | 530 | |
| Cost of Goods Sold Incl. D&A | 490 | 478 | 456 | 405 | 452 | 447 | 406 | 352 | 319 | |
| Gross Profit | 411 | 307 | 308 | 259 | 296 | 323 | 288 | 237 | 210 | |
| Selling, General and Administrative Excl. Other | 133 | 127 | 142 | 133 | 132 | 124 | 115 | 106 | 99 | |
| Research and Development | 121 | 116 | 122 | 116 | 109 | 101 | 89 | 81 | 75 | |
| Other Operating Expense | 5 | 0 | -21 | -73 | 0 | 0 | 0 | 1 | 0 | |
| Operating Income | 152 | 64 | 65 | 83 | 55 | 98 | 84 | 50 | 36 | |
| Interest Expense | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 2 | 3 | |
| Unusual Expense | — | — | — | — | — | — | — | — | — | |
| Non-Operating Income (Expense) | -21 | 4 | 15 | 7 | 4 | 1 | 2 | 3 | 1 | |
| Net Income Before Taxes | 131 | 67 | 79 | 89 | 58 | 99 | 85 | 51 | 34 | |
| Income Taxes | 17 | 13 | 10 | 7 | 7 | 15 | 7 | 12 | -70 | |
| Consolidated Net Income | 115 | 54 | 70 | 82 | 51 | 84 | 79 | 39 | 104 | |
| Net Income From Continuing Operations | 113 | 54 | 70 | 82 | 51 | 84 | 79 | 39 | 104 | |
| Net Income | 115 | 54 | 70 | 82 | 51 | 84 | 79 | 39 | 104 | |
| EPS (Recurring) | 1.48 | 0.70 | 0.90 | 1.06 | 0.65 | 1.08 | 1.02 | 0.52 | 1.42 | |
| EPS (Basic, Before Extraordinaries) | 1.48 | 0.70 | 0.90 | 1.06 | 0.65 | 1.08 | 1.02 | 0.52 | 1.42 | |
| EPS (Diluted) | 1.45 | 0.69 | 0.89 | 1.05 | 0.65 | 1.06 | 0.99 | 0.51 | 1.38 | |
| EBITDA | 171 | 115 | 113 | 127 | 96 | 144 | 135 | 98 | 81 | |
| Other After Tax Adjustments | — | — | — | — | — | — | — | — | — | |
| Stock Option Compensation Expense | — | — | — | — | — | — | — | — | — | |
| Price To Earnings Ratio | 82.97 | 84.14 | 51.60 | 39.72 | 34.20 | 43.13 | 43.45 | 50.92 | 10.21 | |
| Price To Sales Ratio | 10.40 | 5.70 | 4.63 | 4.84 | 2.32 | 4.63 | 4.77 | 3.31 | 1.94 | |
| Gross Margin | 45.57 | 39.11 | 40.31 | 39.06 | 39.57 | 41.95 | 41.50 | 40.24 | 39.62 | |
| Operating Margin | 16.85 | 8.15 | 8.51 | 12.52 | 7.35 | 12.73 | 12.10 | 8.49 | 6.79 | |
| Net Margin | 12.75 | 6.88 | 9.16 | 12.37 | 6.82 | 10.91 | 11.38 | 6.62 | 19.62 | |
| Shares Outstanding | 78 | 77 | 77 | 77 | 78 | 78 | 77 | 75 | 73 | |
| Market Capitalization | 9,383 | 4,471 | 3,536 | 3,212 | 1,734 | 3,566 | 3,313 | 1,948 | 1,029 | |
| Operating Lease Expense | — | — | — | — | — | — | — | — | — |
| Insider | Relationship | Date | Transaction | Cost | #Shares | Value ($) | #Shares Total | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|
| SLESSOR MIKE | CEO | Jul 15 '26 | Sale | 118.31 | 4,735 | 560,195 | 430,412 | Jul 16 |
| St Dennis Thomas | Director | Jun 15 '26 | Sale | 151.49 | 2,800 | 424,172 | 29,073 | Jun 16 |
| SLESSOR MIKE | CEO | Jun 10 '26 | Sale | 121.35 | 11,890 | 1,442,897 | 435,147 | Jun 11 |
| McKinnis Aric Brendan | CFO, SVP Global Finance | Jun 02 '26 | Option Exercise | 0.00 | 773 | 0 | 13,129 | Jun 04 |
| Rhodes Sheri | Director | Jun 02 '26 | Sale | 125.40 | 6,328 | 793,531 | 5,375 | Jun 04 |
| Obregon-Jimenez Rebeca | Director | May 21 '26 | Sale | 126.47 | 3,828 | 484,146 | 7,875 | May 22 |
| WHITE BRIAN C | Director | May 20 '26 | Sale | 126.00 | 3,250 | 409,500 | 8,653 | May 21 |
| St Dennis Thomas | Director | May 19 '26 | Sale | 115.84 | 1,000 | 115,840 | 31,873 | May 21 |
| STEVEN-WAISS KELLEY | Director | May 15 '26 | Sale | 125.60 | 5,400 | 678,241 | 25,179 | May 15 |
| Titinger Jorge | Director | May 13 '26 | Sale | 128.78 | 4,009 | 516,299 | 13,489 | May 15 |
| SLESSOR MIKE | CEO | May 13 '26 | Sale | 126.52 | 9,438 | 1,194,064 | 447,037 | May 14 |
| SLESSOR MIKE | CEO | May 07 '26 | Option Exercise | 0.00 | 5,908 | 0 | 459,763 | May 08 |
| McKinnis Aric Brendan | CFO, SVP Global Finance | May 06 '26 | Option Exercise | 0.00 | 1,099 | 0 | 12,630 | May 07 |
| SLESSOR MIKE | CEO | May 06 '26 | Option Exercise | 0.00 | 6,031 | 0 | 457,212 | May 07 |
| SLESSOR MIKE | CEO | May 05 '26 | Option Exercise | 0.00 | 3,644 | 0 | 453,209 | May 07 |