profit from every $100 of sales.

FormFactor
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $125.97 for every $1 of profit it makes in a year.
It holds more cash than debt.
Money in, money out
What FormFactor sold, what it kept, and what it did with the cash.
Sales went from $748 million in 2022 to $785 million in 2025, with $54.4 million of profit last year.
FormFactor handed back more cash to shareholders than it generated last year.
FormFactor vs. similar companies
FormFactor grows the slowest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
FormFactor | 126.0× · Very expensive | ||
Nvidia | 32.8× · Expensive | ||
TSMC | 40.0× · Expensive | ||
Broadcom | 71.6× · Very expensive | ||
Micron Technology | 10.4× · Cheap |
AI analysis
An AI analyst reads FormFactor's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 694 | 770 | 748 | 663 | 764 | 785 | |
| 288 | 323 | 296 | 259 | 308 | 309 | |
| – | – | 55 | 10 | 44 | 60 | |
| 107 | 125 | 96 | 127 | 113 | 108 | |
| 79 | 84 | 51 | 82 | 70 | 54 | |
| 0.99 | 1.06 | 0.65 | 1.05 | 0.89 | 0.69 | |
| 41.5% | 41.9% | 39.6% | 39.0% | 40.3% | 39.3% | |
| – | – | 7.3% | 1.5% | 5.8% | 7.7% | |
| 11.3% | 10.9% | 6.8% | 12.4% | 9.1% | 6.9% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 963 | 1,021 | 1,008 | 1,107 | 1,146 | 1,224 |
| Cash | 187 | 151 | 109 | 178 | 191 | 103 |
| Total debt | 69 | 63 | 50 | 48 | 39 | 32 |
| Total liabilities | 219 | 205 | 200 | 198 | 198 | 189 |
| 744 | 816 | 808 | 909 | 948 | 1,035 | |
| 79 | 79 | 78 | 78 | 78 | 78 | |
| 8.4% | 8.9% | 5.4% | 7.4% | 6.4% | 5.2% | |
| 10.6% | 10.3% | 6.3% | 9.1% | 7.3% | 5.3% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 169 | 139 | 132 | 65 | 118 | 115 | |
| 56 | 66 | 65 | 56 | 38 | 104 | |
| 113 | 73 | 67 | 9 | 79 | 12 | |
| Dividends paid | – | – | – | – | – | – |
| 0 | 24 | 82 | 20 | 53 | 26 | |
| 24 | 29 | 31 | 39 | 40 | 39 |
Valuation
- 126.0×
- 38.1×
- –
- 9.3×
- 8.7×
- 583.3×
- 63.0×
- 0.2%
- 0.8%
- 0.0%
Profitability
- 39.3%
- 7.7%
- 6.9%
- 18.1%
- 8.0%
- 7.2%
- 6.7%
- 5.4%
- 9.5%
- 14.1%
Growth
- +2.5%
- −7.0%
- −85.2%
- –
- −0.1%
Financial health
- -0.7×
- 0.02
- 1.7%
- 252.7×
- 4.55
- 3.69
- 0.67
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $123.38
- Range
- $64.00 – $175.00
- 9 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 29, 2026 | 0.56 | 0.45 | +24.4% |
| Feb 4, 2026 | 0.46 | 0.35 | +31.4% |
| Oct 29, 2025 | 0.33 | 0.25 | +32.0% |
| Jul 30, 2025 | 0.27 | 0.30 | −10.0% |
| Apr 30, 2025 | 0.23 | 0.19 | +21.1% |
| Feb 5, 2025 | 0.27 | 0.29 | −6.9% |
| Oct 30, 2024 | 0.35 | 0.31 | +12.9% |
| Jul 31, 2024 | 0.35 | 0.31 | +12.9% |
News
Micron, FormFactor, Amkor, Teradyne, and Nvidia shares skyrocket, what you need to knowYahoo Finance · Nov 10, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about FormFactor
Is FormFactor a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the FormFactor AI analysis
What does FormFactor do?
FormFactor, 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. It is in Semiconductors, based in Livermore, CA, United States, with 2,153 employees.
Does FormFactor pay a dividend?
No. FormFactor does not pay a dividend at the moment; in 2025 it returned $26.2 million to shareholders by buying back its own shares.
Is FormFactor stock halal?
Yes. FormFactor passes our halal screen: its business is permitted and its debt is 0.4% of its market value, under the 30% limit. How we check
How has FormFactor stock done over the past year?
Up 72.6% over the past twelve months, to $87.53. It traded between $48.68 and $159.93 and is 45.3% below its high.
Who are FormFactor's competitors?
The largest listed companies in the same industry are Nvidia, TSMC, Broadcom and Micron Technology. The peers table on this page compares their profit, growth and price with FormFactor's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



