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FORM

FormFactor·NASDAQ
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FORM fundamentals

FormFactor (FORM) released its earnings on Oct 29, 2025: revenue was 202.68M (YoY -2.52%), beat estimates; EPS was 0.33 (YoY -5.71%), beat estimates.
Revenue / YoY
202.68M
-2.52%
EPS / YoY
0.33
-5.71%
Report date
Oct 29, 2025
FORM Earnings Call Summary for Q3,2025
  • Revenue Beat: Q3 2025 revenue of $202.7M (+4% YoY) driven by HBM3 and non-HBM DRAM growth, with Q4 guidance of $210M.
  • Gross Margin Surge: Non-GAAP gross margin improved 250bps to 41% in Q3, targeting 47%+ by 2026 via cost cuts and new capacity.
  • Strategic Wins:
    • HBM4 Leadership: 2026 test intensity growth from 16-high HBM4 stacks and custom HBM4E die.
    • GPU Qualifications: Apollo MEMS probe cards in pilot for major GPU customer, positioning for 2026 volume.
    • Farmers Branch Expansion: $140-170M 2026 investment for 2027+ margin expansion via lower-cost manufacturing.
  • Cash Flow Turnaround: Q3 free cash flow of $19.7M vs -$47.1M in Q2, driven by margin improvement and reduced capex.
EPS
Revenue

Revenue & Expenses

FORM has released its 2025 Q3 earnings report, with revenue of 202.68M, reflecting a YoY change of -2.52%, and net profit of 15.66M, showing a YoY change of -16.44%. The Sankey diagram below clearly presents FORM's revenue sources and cost distribution.

Key Indicators

FormFactor (FORM) key financial stats and ratios, covering profitability, financial health, and leverage.
FormFactor (FORM)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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FormFactor (FORM)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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FormFactor (FORM)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does FormFactor (FORM) generate its revenue? Explore its key revenue streams and top earning regions.
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Track FormFactor (FORM) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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Dividend Yield