FormFactor Inc. (FORM) Financials
Key financial figures for FormFactor Inc. (Q3 2026).
FormFactor posted a fourth straight record quarter: revenue of $280.5M (+38.4% YoY) and non-GAAP EPS of $1.04, all above the high end of its own outlook. Revenue was $280.5M, up 8.6% from $258.2M in Q2 2026 and up 38.4% from $202.7M in Q3 2025. The company's July outlook was $270M +/- $10M, so revenue, non-GAAP gross margin (56.5% vs 54.0% +/- 1.5%) and non-GAAP EPS ($1.04 vs $0.86 +/- $0.09) all landed above the top of that range. By segment (company supplemental, $0.1M precision): Probe Cards $221.1M vs $166.4M a year ago, with Foundry & Logic at $134.0M (vs $121.8M in Q2) and DRAM at $84.9M (vs $85.0M in Q2); Systems $59.5M vs $48.5M in Q2, which the company attributes to higher demand for co-packaged optics. On the outlook: Q4 2026 (quarter ending December 26, 2026) outlook: revenue $285M +/- $10M; non-GAAP gross margin 54.0% +/- 1.5% (GAAP 52.3% +/- 1.5%); non-GAAP net income per diluted share $0.95 +/- $0.09 (GAAP $0.84 +/- $0.09). Assumes consistent foreign currency rates. Figures are for Q3 2026, as FormFactor Inc. reported them.
- Revenue
- $281M
- Net Income
- $74M
- EPS
- $0.94
- Total Assets
- $1.4B
- Operating Cash Flow
- $104M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $281M | $74M | $0.93 | 29.08% | $65M |
| Q2 FY2026 | $258M | $56M | $0.71 | 22.38% | $52M |
| Q1 FY2026 | $226M | $20M | $0.26 | 7.36% | $30M |
| Q4 FY2025 | $215M | $23M | $0.29 | 13.12% | $35M |
| Q3 FY2025 | $203M | $16M | $0.20 | 9.36% | $19M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $785M | $54M | $0.69 | 7.27% | $12M |
| FY2024 | $764M | $70M | $0.89 | 8.48% | $79M |
| FY2023 | $663M | $82M | $1.05 | 12.48% | $9M |
Frequently asked questions
What was FormFactor Inc.'s revenue last quarter?
FormFactor Inc. reported revenue of $280.5 million for Q3 FY2026, up 38.4% from the same period a year earlier.
Is FormFactor Inc. profitable?
Yes. FormFactor Inc. reported net income of $73.8 million for Q3 FY2026, a net margin of 26.31% on revenue.
How has FormFactor Inc.'s margin trended?
Operating margin was 29.08% in Q3 FY2026, compared with 9.36% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did FormFactor Inc. generate?
FormFactor Inc. generated free cash flow of $64.6 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for FormFactor Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.