FormFactor Inc FORM Stock Analysis
- Nasdaq
- Stock
- Market closed · opens Monday 9:30 AM ET
$81.12 up $9.36, 13.04% at close Nov 6
Last close · Previous close $71.76
- Market cap
- At the Nov 6 close
- P/E ratio
- 37.04On last 12 months’ EPS
- Diluted EPS
- $2.19Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$81.12up $9.36, 13.04%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$71.76Nov 5
- Volume1.87MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume1.70MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $47.33 to $160.27; now $81.12
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
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Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
FORM beat the S&P 500 in 5 of 7 periods.
| Period | FORM and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | FORM: down 42.6% S&P 500: down 5.6% | FORM trailed the S&P 500 by 37.0 percentage points Trailed |
| 3M | FORM: down 29.6% S&P 500: down 4.1% | FORM trailed the S&P 500 by 25.5 percentage points Trailed |
| YTD | FORM: up 45.4% S&P 500: up 8.7% | FORM beat the S&P 500 by 36.7 percentage points Beat |
| 1Y | FORM: up 49.6% S&P 500: up 10.9% | FORM beat the S&P 500 by 38.7 percentage points Beat |
| Long term | ||
| 3Y | FORM: up 131.1% S&P 500: up 75.0% +32.2% vs +20.5% a year | FORM beat the S&P 500 by 56.1 percentage points Beat |
| 5Y | FORM: up 82.7% S&P 500: up 67.8% +12.8% vs +10.9% a year | FORM beat the S&P 500 by 14.9 percentage points Beat |
| 10Y | FORM: up 811.5% S&P 500: up 313.1% +24.7% vs +15.2% a year | FORM beat the S&P 500 by 498.4 percentage points Beat |
$10,000 invested in FORM 10 years ago (Nov 4, 2016) would be worth about $91,146 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,313.
FORM beat the S&P 500 in 5 of 7 periods.
| Period | FORM and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | FORM: down 42.6% S&P 500: down 5.6% | FORM trailed the S&P 500 by 37.0 percentage points Trailed |
| 3M | FORM: down 29.6% S&P 500: down 4.3% | FORM trailed the S&P 500 by 25.3 percentage points Trailed |
| YTD | FORM: up 45.4% S&P 500: up 7.8% | FORM beat the S&P 500 by 37.6 percentage points Beat |
| 1Y | FORM: up 49.6% S&P 500: up 9.7% | FORM beat the S&P 500 by 39.9 percentage points Beat |
| Long term | ||
| 3Y | FORM: up 131.1% S&P 500: up 68.8% +32.2% vs +19.1% a year | FORM beat the S&P 500 by 62.3 percentage points Beat |
| 5Y | FORM: up 82.7% S&P 500: up 56.9% +12.8% vs +9.4% a year | FORM beat the S&P 500 by 25.8 percentage points Beat |
| 10Y | FORM: up 811.5% S&P 500: up 252.6% +24.7% vs +13.4% a year | FORM beat the S&P 500 by 558.9 percentage points Beat |
$10,000 invested in FORM 10 years ago (Nov 4, 2016) would be worth about $91,146 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,257.
All-time high
$159.93
Closing high on . Now 49.3% below that record.
Split-adjusted daily closes since Jun 12, 2003.
Stock splits
FORM hasn’t split since its price history begins in 2003.
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q3 FY26, the quarter ended Sep 26, 2026. “Last 12 months” means the four quarters from Sep 28, 2025 to Sep 26, 2026, and balance-sheet figures are as of Sep 26, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $980.10Mup 29.1%
- Net income
- $173.63Mup 325.1%
- Diluted EPS
- $2.19up 313.2%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q4 FY24 (Dec 28, 2024) | $189.48M | $9.71M | $0.13 |
| Q1 FY25 (Mar 29, 2025) | $171.36M | $6.40M | $0.08 |
| Q2 FY25 (Jun 28, 2025) | $195.80M | $9.09M | $0.12 |
| Q3 FY25 (Sep 27, 2025) | $202.68M | $15.66M | $0.20 |
| Q4 FY25 (Dec 27, 2025) | $215.16M | $23.22M | $0.29 |
| Q1 FY26 (Mar 28, 2026) | $226.14M | $20.38M | $0.26 |
| Q2 FY26 (Jun 27, 2026) | $258.24M | $56.21M | $0.71 |
| Q3 FY26 (Sep 26, 2026) | $280.55M | $73.82M | $0.93 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 25, 2021) | $769.67M | $83.92M | $1.06 |
| FY22 (Dec 31, 2022) | $747.94M | $50.74M | $0.65 |
| FY23 (Dec 30, 2023) | $663.10M | $82.39M | $1.05 |
| FY24 (Dec 28, 2024) | $763.60M | $69.61M | $0.89 |
| FY25 (Dec 27, 2025) | $784.99M | $54.36M | $0.69 |
Margins
- Gross 47.1%
- Operating 18.3%
- Net 17.7%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $182.13MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$257.01MLast 12 months
- Capital spending$74.88MLast 12 months
- 18.6%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $11.10MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$0.00Last 12 months
0% of free cash flow
Balance sheet
- $469.47MAs of Sep 26, 2026
Cash plus short- and long-term marketable securities on the Sep 26, 2026 balance sheet.
- Total debt$27.76MAs of Sep 26, 2026
- Net cash$441.71MAs of Sep 26, 2026
- 3.68As of Sep 26, 2026
Current assets divided by current liabilities on the Sep 26, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.02As of Sep 26, 2026
Total debt divided by shareholders’ equity on the Sep 26, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 7 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✓Long-term debt fell relative to assets: passed
- ✗Current ratio improved: not passed
- ✗Share count didn’t rise: not passed
- ✓Gross margin improved: passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 15.8%Last 12 months
Over the last 12 months, FormFactor’s net income was 15.8% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 13.2%Last 12 months
Over the last 12 months, FormFactor’s net income was 13.2% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
About FormFactor Inc
FormFactor, Inc. is a leading provider of essential test and measurement technologies along the full IC life cycle – from characterization, modeling, reliability, and design de-bug to qualification and production test. Semiconductor companies rely upon FormFactor's products and services to accelerate profitability by optimizing device performance and advancing yield knowledge. The Company serves customers through its network of facilities in Asia, Europe, and North America.
- Sector
- Technology
- Industry
- Semiconductors
- Headquarters
- California, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- Nasdaq
- Asset type
- Common stock
- Price history since
FORM news
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FORM stock FAQ
What is FORM stock’s price today?
FormFactor (FORM) traded at $81.12 at the close on , up $9.36 (13.04%) from the previous close of $71.76. Over the past 52 weeks it has traded between $47.33 and $160.27.
If you invested $1,000 in FORM 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in FORM on would be worth about $9,115 at the close on , a total return of +811.5%. The same $1,000 would be worth $1,827 if invested five years ago, $1,496 if invested one year ago, and $2,103 if invested 20 years ago. Past performance doesn’t predict future returns.
What is FORM’s P/E ratio?
FORM trades at 37.0 times its diluted earnings over the four quarters to ($2.19 per share), at the close. (How the P/E ratio works.)
How much revenue does FormFactor make?
FormFactor reported $980.1 million of revenue over the four quarters to , up 29.1% from the twelve months before. In its latest quarter (Q3 FY26, ended ) revenue was $280.5 million, up 38.4% from a year earlier.
Is FormFactor profitable?
Yes. FormFactor earned $173.6 million of net income over the four quarters to , a net margin of 17.7%, and its operating margin was 18.3% (what margins tell you).
What are FORM’s earnings per share?
FORM’s diluted earnings per share were $2.19 over the four quarters to , compared with $0.53 in the twelve months before. The latest quarter (Q3 FY26) brought $0.93 per share, against $0.20 a year earlier (how EPS works).
Does FORM pay a dividend?
FormFactor hasn’t paid a dividend in the last twelve months.
What is FORM’s 52-week high and low?
Over the past 52 weeks FORM has traded as low as $47.33 and as high as $160.27. At $81.12 at the close on , it is 49.4% below that high and 71.4% above the low.
What is FORM’s all-time high?
FORM’s highest closing price was $159.93 on , adjusted for stock splits. At $81.12 at the close on , it is 49.3% below that record.
Has FORM stock ever split?
No. FORM hasn’t split since its price history begins in 2003.
How has FORM stock performed?
Including dividends and measured to the close on , FORM has returned +45.4% so far this year and +49.6% over the past year, and +82.7% over five years (+12.8% a year). Over the same periods the S&P 500, measured by SPY, returned +8.7%, +10.9% and +67.8%. Past performance doesn’t predict future returns.
What sector and industry is FormFactor in?
FormFactor is in the Technology sector and the Semiconductors industry, and is headquartered in California, USA.
What exchange does FORM trade on?
FormFactor trades on the Nasdaq under the ticker symbol FORM. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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