NASDAQ$FORM

Formfactor Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

FormFactor reported Q4 2025, revenue of $215.2M, net income of $23.2M, diluted EPS of $0.29.

For Q4 2025, FormFactor reported revenue of $215.2M, net income of $23.2M, diluted EPS was $0.29, adjusted diluted EPS was $0.46. Management discusses segment performance, capital allocation, and macro risks in the quarterly filing.

  • Revenue $215.2M.
  • Net income $23.2M.
  • Diluted EPS $0.29.
  • Adjusted diluted EPS $0.46.

Headline financials

Total Revenue

$215M

Previous: $189M+13.6%
EPS (adj)

$0.46

Previous: $0.27+70.4%
GAAP gross margin

42.2%

Previous: 38.8%+8.8%
Non-GAAP gross margin

43.9%

Previous: 40.2%+9.2%
Operating cash flow

$46M

Previous: $35.9M+28.0%
Diluted shares

78.9M

Previous: 78.0M+1.1%
Net Income

$23.2M

Previous: $9.71M+139.1%
Operating Income

$23.5M

Previous: $7.85M+199.2%
Gross Profit

$90.8M

Previous: $73.6M+23.4%

Revenue & EPS history

Formfactor · Revenue · Quarterly

$215M

Q4 2025+13.6%vs Q4 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

The quarterly filing discusses operating priorities, capital returns, and sector risks; numeric multi-quarter bridges vary by issuer.

Tailwinds

  • MD&A highlights liquidity, capital, and core business trends.
  • Segment or product commentary supports the earnings narrative.

Headwinds

  • Macro, rates, or input costs may pressure near-term margins.
  • One-time items can affect year-over-year comparability.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+1.4%

Avg return

Earnings day

+2.0%

Avg return

5 days after

+4.5%

Avg return

30 days after

50%

32 / 64 earnings

Positive

+33.1%

Q3 2018

Best reaction

-23.1%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%+7.0%-8.1%
Q4 2025+17.2%+30.4%+18.8%
Q3 2025+24.9%+8.4%+15.3%
Q1 2025+2.9%+4.4%+6.1%
Q4 2024-6.8%-14.9%-19.7%
Q3 2024-15.9%-14.2%-11.3%
Q2 2024-6.4%-18.3%-3.4%
Q1 2024+16.1%+24.0%+22.7%
Q4 2023+2.1%+10.9%+16.1%
Q3 2023-2.2%+3.6%+10.7%
Q2 2023-4.7%-6.6%-5.5%
Q1 2023-2.4%+2.8%+15.8%
Q4 2022+10.2%+8.4%-3.5%
Q3 2022-23.1%-24.5%-14.8%
Q2 2022-12.0%-10.6%-19.3%
Q1 2022+10.8%+11.1%+17.8%
Q4 2021-5.5%-5.2%-7.7%
Q3 2021+5.0%+10.5%+9.7%
Q2 2021+3.7%+8.9%+12.8%
Q1 2021-19.4%-19.8%-27.6%
Q4 2020+0.9%+3.9%-3.6%
Q3 2020-1.3%+0.2%+42.4%
Q2 2020-4.5%-0.5%-10.2%
Q1 2020+9.7%+7.8%+19.4%
Q4 2019-1.5%-1.1%-15.2%
Q3 2019+1.0%+3.1%+7.1%
Q2 2019+6.8%+0.3%+1.6%
Q1 2019-10.7%-6.6%-24.2%
Q4 2018-0.2%+0.0%-1.3%
Q3 2018+33.1%+25.1%+36.8%
Q2 2018+9.3%+10.0%+19.3%
Q1 2018+7.4%+10.9%+23.6%
Q4 2017-9.9%-8.8%+13.6%
Q3 2017-12.2%-0.6%-8.9%
Q2 2017+8.3%+5.3%+15.1%
Q1 2017+18.5%+18.5%+25.4%
Q4 2016-3.6%-4.8%-12.3%
Q3 2016-10.1%-14.1%+9.8%
Q2 2016+12.3%+12.0%+11.7%
Q1 2016+9.9%
Q4 2015-2.9%
Q3 2015+14.3%
Q2 2015+15.3%
Q1 2015-14.0%
Q4 2014+5.6%
Q3 2014+1.0%
Q2 2014-0.1%
Q1 2014+3.7%
Q4 2013+3.7%
Q3 2013-14.3%
Q2 2013-5.1%
Q1 2013-3.8%
Q4 2012-0.8%
Q3 2012+3.5%
Q2 2012-9.2%
Q1 2011+18.4%
Q1 2012+18.4%
Q4 2011-2.7%
Q3 2011-1.8%
Q2 2011-1.9%
Q4 2010-1.1%
Q3 2010+9.8%
Q2 2010+1.0%
Q1 2010-6.9%

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