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Companies / Information Technology / FormFactor, Inc.
FORM

FormFactor, Inc.

Ticker FORMLIVERMORE, CAFiscal year ends DecemberBook value per share $13.97Diluted shares 79.5M

FormFactor, Inc. (Nasdaq: FORM) provides electrical and optical semiconductor test and measurement technologies spanning product characterization, design debugging, qualification and production testing. Its products include customized probe cards and analytical probes, probe stations, thermal systems, cryogenic… From the company’s description.

In fiscal 2025, FormFactor, Inc. reported revenue of $784.99M, up 2.8% from fiscal 2024, and net income of $54.36M. Its operating margin was 7.3%, and operations generated $115.40M in cash. Over the twelve months to Jun 27, 2026, revenue was $902.23M.

Fiscal year 2025 · ends 12-26Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-27
Sales & profitability
$784.99MFY2025
+2.8% year over year
Last 12 mo $902.23M
7.27%FY2025
−1.2 percentage points
Last 12 mo 12.85%
$54.36MFY2025
−21.9% year over year
Last 12 mo $115.47M
5.25%FY2025
−2.1 percentage points
Last 12 mo 10.39%
Cash & financing
$115.40MFY2025
−1.8% year over year
Last 12 mo $179.73M
$11.74MFY2025
−85.2% year over year
Last 12 mo $136.12M
0.01FY2025
Was 0.01× a year earlier
Last 12 mo 0.01
78.3MFY2025
−0.2% year over year
Last 12 mo 79.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What FormFactor, Inc. does

In the company’s own words

FormFactor, Inc. (Nasdaq: FORM) provides electrical and optical semiconductor test and measurement technologies spanning product characterization, design debugging, qualification and production testing. Its products include customized probe cards and analytical probes, probe stations, thermal systems, cryogenic systems and related services, serving semiconductor designers and manufacturers, foundries, fabless companies, universities and research institutions. The Probe Cards segment includes probe cards and analytical probes; the Systems segment includes probe stations, thermal systems and cryogenic systems. Probe cards are used to test logic, memory, radio-frequency, analog, sensor, optical and other devices, while its systems support semiconductor and electro-optical measurement across a range of operating temperatures, including cryogenic conditions. Customers use the products in research and development and in manufacturing, including high-volume wafer testing. Founded in 1993, FormFactor has expanded through acquisitions to broaden its product range and markets. It had 2,153 regular full-time employees as of December 27, 2025. Its website is http://www.formfactor.com.

Company details
Sector
Information Technology
Industry (SIC)
Semiconductors
Headquarters
LIVERMORE, CA
Fiscal year end
December
CIK
1039399
SIC
3674

Financial performance, year by year

Fiscal 2013–2025 · USD
$-153.67M$134.30M$422.27M$710.24M$998.22M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns FormFactor, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

416
funds hold it
1 of 35
superinvestors hold it
$5.09B
held by funds, at market
43.5%
of shares held by funds

Superinvestors in FormFactor, Inc. · what they did last quarter

Polen CapitalNEW
Polen Capital Management
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · FormFactor, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.67%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.15%of fund net assets
VANGUARD CAPITAL OPPORTUNITY FUND
VHCOX · VANGUARD HORIZON FUNDS
0.51%of fund net assets
VANGUARD SMALL-CAP GROWTH INDEX FUND
VBK · VANGUARD INDEX FUNDS
0.35%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do FormFactor, Inc. and its peers compare on margins and cash generation over ten years?”
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