FORMFACTOR INC (FORM)
Information Technology · Semiconductor test and measurement equipment · Nasdaq
FormFactor supplies advanced probe cards, analytical probes, and thermal/cryogenic test systems that enable semiconductor manufacturers to characterize, debug, and qualify chips from design through production.
What FORMFACTOR INC does
FormFactor is a leading provider of electrical and optical test and measurement technologies for semiconductors across the full product lifecycle—from characterization and design debug to qualification and production test. The company designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services to semiconductor companies and scientific institutions. Customers use these products to accelerate profitability by optimizing device performance, reducing scrap, and improving yields. Founded in 1993, FormFactor operates through two segments: Probe Cards and Systems.
Themes: ["Semiconductor test and measurement equipment","Wafer probe card technology","Semiconductor device characterization","Production test equipment","Advanced packaging and microbump testing"]
Fundamentals
- Price$117.52 as of 2026-07-10 close
- Market cap$9.2B as of 2026-07-12
- 1-year return+223.7% as of 2026-07-10 close
- P/E134.05 as of 2026-07-12
- Net margin+8.1% as of 2026-07-12
- Gross margin+42.0% as of 2026-07-12
- ROE+6.7% as of 2026-07-12
- Debt / equity0.01 as of 2026-07-12
- Revenue growth (YoY)+9.6% as of 2026-07-12
- Revenue CAGR (3y)+1.6% SEC XBRL
- Beta1.21 as of 2026-07-12
Key risks (from latest filing)
["Dependence on semiconductor industry cycles and customer capital expenditure trends; downturns in semiconductor device production could materially reduce demand for test and measurement equipment","Concentration of sales to leading semiconductor manufacturers creates customer and geographic concentration risk","Rapid technological change and need for continuous R&D investment to maintain competitive probe card and systems capabilities; failure to innovate could impair market position"]
Competitors & peers
- Xcerra Corporation
- Cohu Inc.
- LTX-Credence Corporation
- Astronics Test Systems
- Teradyne Inc.
Fundamentals: Finnhub, as of 2026-07-12. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-10.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.