VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemes
DCF ValuationCalculate intrinsic value of US stocks
Market ValuationBuffett indicator, CAPE & macro gauges
Total ReturnSee dividends + price return history
DCA CalculatorSimulate recurring buys & compounding
Earnings
FAANG & Tech
AAPL vs MSFTNVDA vs AMDGOOGL vs META
Cloud & Cyber
CRM vs NOWCRWD vs PANWSNOW vs DDOG
Consumer & Auto
TSLA vs FAMZN vs WMTNFLX vs DIS
Finance & Crypto
JPM vs BACV vs MACOIN vs MSTR
Pharma & Energy
LLY vs NVOJNJ vs PFEXOM vs CVX
Compare Any Stocks...
WatchlistInsider
ScreenerThemes
Earnings
WatchlistInsider
FORM
← Back to Screener
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Data updated daily

Product

  • Screener
  • Themes
  • Valuation
  • Total Return
  • DCA Calculator
  • News
  • Earnings

Resources

  • Market Valuation
  • Compare
  • Insider Activity
  • Methodology
  • How It Works
  • Glossary
  • Learn

Get Ideas

Get weekly stock ideas — free

© 2026 VCP Scanner
AboutPrivacyTerms
Not financial advice. Do your own research.
ScreenerNewsCompareWatchlist
FORMFormFactor, Inc.
$123.59$9.6B
Overview & Verdict
Overview
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice HistoryTechnical Analysis
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Ownership
Holders

FORM logoFormFactor, Inc.(FORM)Earnings, Financials & Key Ratios

FORM•NASDAQ
$147.13
213.2× P/E·Price updated Jul 2, 2026
SectorTechnologyIndustrySemiconductorsSub-IndustrySemiconductor Test, Metrology and Inspection Equipment
AboutFormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, metrology systems, thermal systems, and cryogenic systems to semiconductor companies and scientific institutions. It operates in two segments, Probe Cards and Systems. The company offers probe cards to test various semiconductor device types, including systems on a chip products, mobile application processors, microprocessors, microcontrollers, and graphic processors, as well as radio frequency, analog, mixed signal, image sensor, electro-optical, dynamic random access memory, NAND flash memory, and NOR flash memory devices; and analytical probes, which are used for a range of applications, including device characterization, electrical simulation model development, failure analysis, and prototype design debugging for universities, research institutions, semiconductor integrated device manufacturers, semiconductor foundries, and fabless semiconductor companies. It also provides probing systems for semiconductor design engineers to capture and analyze accurate data; surface metrology systems for the development, production, and quality control of semiconductor products; thermal subsystems, such as thermal chucks and other test systems used in probe stations and other applications; and precision cryogenic instruments, semiconductor tests, and measurement systems. In addition, the company offers on-site probe card maintenance and service training, seminars, and telephone support services. The company markets and sells its products through direct sales force, manufacturers' representatives, and distributors in the United States, Taiwan, South Korea, China, Japan, Europe, rest of Asia-Pacific, and internationally. FormFactor, Inc. was incorporated in 1993 and is headquartered in Livermore, California.Show more
  • Revenue$785M+2.8%
  • EBITDA$111M+13.8%
  • Net Income$54M-21.9%
  • EPS (Diluted)0.69-22.5%
  • Gross Margin39.14%-3.0%
  • EBITDA Margin14.16%+10.7%
  • Operating Margin8.18%-3.6%
  • Net Margin6.93%-24.0%
  • ROE5.48%-26.9%

FORM Price & Volume

FormFactor, Inc. (FORM) stock price & volume — 10-year historical chart

Loading chart...

Accelerating Revenue Growth Masks Cyclical Cash Volatility

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Semiconductor design cycle volatility

Key Thesis Takeaways

  • FormFactor is currently benefiting from a sharp 32.0% year-over-year revenue expansion driven by high-bandwidth memory demand, which has successfully pushed gross margins to 47.9% in 2026Q1.
  • While the company maintains a fortress-like balance sheet with a negligible 0.02 debt-to-equity ratio, investors must remain cautious regarding the persistent divergence between net income and operating cash flow.
  • The long-term outlook remains tied to the company's ability to manage lumpy capital expenditure requirements and mitigate the risks of design-start volatility inherent in the semiconductor probe card industry.

Verdict Logic

while the 32.0% revenue growth is compelling, the current 189.48 P/E ratio and volatile free cash flow suggest that the market may be overestimating the sustainability of recent margin expansion.

FORM Growth Metrics

FormFactor, Inc. (FORM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years10.77%
5 Years2.51%
3 Years1.62%
TTM9.6%

Profit CAGR

10 Years-
5 Years-7.09%
3 Years2.33%
TTM26.02%

EPS CAGR

10 Years-
5 Years-6.97%
3 Years2.01%
TTM25.69%

Return on Capital

10 Years6.13%
5 Years7.92%
3 Years7.2%
Last Year6.07%

FORM Recent Earnings

FormFactor, Inc. (FORM) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 29, 2026
Metric
Actual
Est
EPS
$0.56+24.4%
$0.45
Rev
$226M+0.3%
$226M
Q1 2026
Feb 4, 2026
Metric
Actual
Est
EPS
$0.46+31.4%
$0.35
Rev
$215M+2.2%
$211M
Q4 2025
Oct 29, 2025
Metric
Actual
Est
EPS
$0.33+32.0%
$0.25
Rev
$203M-3.6%
$210M
Q3 2025
Jul 30, 2025
Metric
Actual
Est
EPS
$0.27-10.0%
$0.30
Rev
$196M-1.8%
$199M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$0.56vs $0.45+24.4%
$226Mvs $226M+0.3%
Q1 2026Feb 4, 2026
$0.46vs $0.35+31.4%
$215Mvs $211M+2.2%
Q4 2025Oct 29, 2025
$0.33vs $0.25+32.0%
$203Mvs $210M-3.6%
Q3 2025Jul 30, 2025
$0.27vs $0.30-10.0%
$196Mvs $199M-1.8%
Based on last 12 quarters of dataView full earnings history →

Latest FORM News

Recent stock market news and headlines for FormFactor, Inc. (FORM)

GuruFocus·Jun 26, 2026
FormFactor Inc (FORM) Stock Down 12.2% but Still Overvalued -- GF Score: 74/100

On June 26, 2026, FormFactor Inc (FORM) shares fell 12.2% today, bringing the stock price to $130.33. The shares have experienced considerable volatility, tradi

GlobeNewsWire·Jun 24, 2026
FormFactor, Inc. Added to Membership of US Large-Cap Russell US 1000® Index

LIVERMORE, Calif., June 24, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) announced today that it was added as a member of the US large-cap Russell 1000® Index, effective when the US market opens on June 29th, as part of the 2026 Russell indexes reconstitution. Membership in the Russell 1000® Index, which remains in place for half a year beginning 2026, is based on membership in the broad-market Russell 3000® Index. The stock also was automatically added to the appropriate growth and value indexes.

Zacks Investment Research·Jun 15, 2026
Why FormFactor (FORM) Might be Well Poised for a Surge

FormFactor (FORM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Peers Comparison

Key metrics vs top competitors for FormFactor, Inc. (FORM)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FORM logoFORMFormFactor, Inc.Current
$147.13$11.47B213.232.8%6.93%5.48%—
COHU logoCOHUCohu, Inc.
$69.11$3.25B-43.4712.74%-11.54%-6.84%—
ONTO logoONTOOnto Innovation Inc.
$351.36$17.48B126.391.82%10.33%5.19%—
ACLS logoACLSAxcelis Technologies, Inc.
$178.33$5.48B46.93-17.57%11.93%9.79%—
ICHR logoICHRIchor Holdings, Ltd.
$111.77$3.88B-72.5811.61%-5.28%-7.5%—
CAMT logoCAMTCamtek Ltd.
$155.48$7.16B149.5015.57%28.36%23.49%—

Compare FORM vs Peers

FormFactor, Inc. (FORM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs COHU

Most directly comparable listed peer for FORM.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare FORM against a more recognizable public peer.

Peer Set

Compare Top 5

vs COHU, ONTO, ACLS, ICHR

FORM SEC Filings & Documents

FormFactor, Inc. (FORM) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 29, 2026·SEC

Material company update

Feb 18, 2026·SEC

Material company update

Feb 4, 2026·SEC

10-K Annual Reports

4
FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 21, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 4, 2025·SEC

FY 2025

Aug 5, 2025·SEC

FY 2025

May 6, 2025·SEC

Get notified when FORM posts new earnings or crosses analyst targets

Free. No account needed. Unsubscribe any time.

Free. Unsubscribe any time.

FORM Frequently Asked Questions

FormFactor, Inc. (FORM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is FormFactor, Inc.'s revenue?

FormFactor, Inc. (FORM) reported $839.8M in revenue for fiscal year 2025. This represents a 967% increase from $78.7M in 2002.

How fast is FormFactor, Inc. growing?

FormFactor, Inc. (FORM) grew revenue by 2.8% over the past year. Growth has been modest.

Is FORM profitable?

Yes, FormFactor, Inc. (FORM) is profitable, generating $68.3M in net income for fiscal year 2025 (6.9% net margin).

Dividend & Returns
What is FORM's return on equity?

FormFactor, Inc. (FORM) has a return on equity (ROE) of 5.5%. This is below average, suggesting room for improvement.

What is FormFactor, Inc.'s free cash flow?

FormFactor, Inc. (FORM) had negative free cash flow of $5.2M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in FORM back in 2002?

Total return calculator · dividends reinvested · 24+ years of data

See returns →