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FORMFACTOR (FORM)

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Earnings summaries and quarterly performance for FORMFACTOR.

Recent press releases and 8-K filings for FORM.

FormFactor Begins Work on New Advanced Manufacturing Facility in Farmers Branch, Texas
FORM
New Projects/Investments
Hiring
  • FormFactor, Inc. has commenced site work and equipment installation for its new advanced manufacturing facility in Farmers Branch, Texas.
  • This facility is intended to expand FormFactor's manufacturing capacity and is expected to create hundreds of new, highly skilled jobs.
  • The company plans to make over $140 million of capital investment in 2026 for this site.
  • The expansion is anticipated to strengthen Texas's semiconductor ecosystem and fill a key gap in the domestic supply chain, with FormFactor being a leading global supplier of test and measurement technologies for the semiconductor industry.
Nov 12, 2025, 11:30 PM
FormFactor Exceeds Q3 2025 Expectations and Provides Positive Q4 Outlook
FORM
Earnings
Guidance Update
New Projects/Investments
  • FormFactor's Q3 2025 revenue, gross margin, and earnings per share exceeded its outlook, reporting revenues of $202.7 million, non-GAAP gross margins of 41%, and non-GAAP EPS of $0.33.
  • The company anticipates sequentially higher revenue, earnings, and gross margin for Q4 2025, with an outlook of $210 million (midpoint) in revenue, 42% (midpoint) non-GAAP gross margin, and $0.35 (midpoint) non-GAAP EPS.
  • FormFactor is focused on improving profitability to its target model of 47% non-GAAP gross margins, implementing short-term actions such as a headcount reduction and manufacturing spending decreases, alongside longer-term initiatives like the new Farmers Branch, Texas facility.
  • DRAM probecard revenue achieved a new record in Q3 and is expected to post another record in Q4, driven by growth in HBM and non-HBM applications like DDR5 and LPDDR4.
  • The company is expanding its market share in foundry and logic, having qualified its Apollo MEMS probecard for a mainstream CPU device and entering pilot production for a major GPU application, with expected volume orders in the first half of 2026.
Oct 29, 2025, 8:25 PM
Form Factor Announces Q3 2025 Results and Q4 2025 Outlook
FORM
Earnings
Guidance Update
  • Form Factor reported Q3 2025 actual revenue of $202.7 million, a gross margin of 41.0%, and diluted EPS of $0.33, exceeding the midpoint of their outlook range.
  • For Q4 2025, the company provided an outlook of $210 million +/- $5 million in revenue, a gross margin of 42.0% +/- 1.5%, and diluted EPS of $0.35 +/- $0.04.
  • Form Factor was named the #1 global supplier in Test Subsystems and Focused Chip Making Equipment in TechInsights' 2025 customer satisfaction survey and was recognized for supplier excellence by SK hynix.
Oct 29, 2025, 8:25 PM
FormFactor Reports Q3 2025 Results and Provides Q4 Outlook
FORM
Earnings
Guidance Update
New Projects/Investments
  • FormFactor reported Q3 2025 revenue of $202.7 million, with non-GAAP gross margins of 41% and non-GAAP EPS of $0.33, surpassing its outlook.
  • For Q4 2025, the company anticipates revenue of $210 million (midpoint) and non-GAAP gross margins of 42% (midpoint), with non-GAAP EPS of $0.35 (midpoint).
  • The company is actively pursuing initiatives to improve profitability, aiming for a 47% non-GAAP gross margin target, having already achieved a 250 basis point increase in non-GAAP gross margin from Q2 to Q3 2025.
  • FormFactor plans to invest $140 million to $170 million in its new Farmers Branch, Texas manufacturing facility during 2026, with initial capacity expected by late 2026.
  • DRAM Probecard revenue experienced double-digit sequential growth in Q3, largely due to HBM, which contributed approximately $40 million in the quarter.
Oct 29, 2025, 8:25 PM
FormFactor Reports Q3 2025 Results and Provides Q4 Outlook
FORM
Earnings
Guidance Update
New Projects/Investments
  • FormFactor reported Q3 2025 revenue of $202.7 million and non-GAAP EPS of $0.33, exceeding its outlook range.
  • The company achieved a non-GAAP gross margin of 41% in Q3 2025, a 250 basis point increase from Q2 2025, and anticipates a further 100 basis point increase in Q4 2025, moving towards its 47% target model.
  • For Q4 2025, FormFactor expects revenue of $210 million (plus or minus $5 million) and non-GAAP EPS of $0.35 (plus or minus $0.04).
  • The company is investing $140 million to $170 million in its new Farmers Branch, Texas manufacturing facility over 2026, with initial capacity expected online in late 2026 and the majority in 2027.
  • HBM revenue reached $40 million in Q3 2025, primarily driving sequential DRAM growth, and continued growth from HBM4 is expected through 2026.
Oct 29, 2025, 8:25 PM
FormFactor, Inc. Reports Q3 2025 Financial Results and Provides Q4 Outlook
FORM
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • FormFactor, Inc. reported Q3 2025 revenue of $202.7 million, marking a 3.5% sequential increase from Q2 2025, and non-GAAP net income of $25.7 million, or $0.33 per fully-diluted share.
  • DRAM probe cards achieved double-digit sequential growth in Q3 2025, reaching a new record primarily due to growth in HBM.
  • For Q4 2025, the company anticipates revenue of $210 million +/- $5 million and non-GAAP net income per diluted share of $0.35 +/- $0.04.
Oct 29, 2025, 8:02 PM
FormFactor Announces Third Quarter 2025 Results and Fourth Quarter Outlook
FORM
Earnings
Guidance Update
Revenue Acceleration/Inflection
  • FormFactor reported revenue of $202.7 million in Q3 2025, representing a 3.5% sequential increase from Q2 2025, though a 2.5% decrease year-over-year.
  • The company achieved non-GAAP diluted EPS of $0.33 in Q3 2025, an increase from $0.27 in Q2 2025.
  • Non-GAAP gross margin improved to 41.0% in Q3 2025, a 250 basis point increase from Q2 2025, with management anticipating continued improvement in Q4 and next year.
  • Free cash flow significantly improved to $19.7 million in Q3 2025, compared to negative $47.1 million in Q2 2025.
  • For Q4 2025, FormFactor projects revenue of $210 million +/- $5 million and non-GAAP diluted EPS of $0.35 +/- $0.04, expecting sequentially higher results.
Oct 29, 2025, 8:01 PM