FormFactor, Inc. Reports 2026 Third Quarter Results
Key Highlights
- ➤Revenue $280.5 million, up 38.4% year over year
- ➤Non-GAAP diluted EPS $1.04, up from $0.33 year over year
- ➤Non-GAAP gross margin reached 56.5%, versus 41.0% year ago
- ➤Foundry & Logic revenue grew 10% sequentially
- ➤Fourth-quarter revenue outlook $285 million +/- $10 million
Expert Statements
Mike Slessor, CEO of FormFactor, Inc.
“FormFactor continued its strong momentum during the third quarter, delivering growth in revenue, gross margin, and earnings per share that exceeded the high end of our guidance.”
Mike Slessor, CEO of FormFactor, Inc.
“Our fourth-quarter outlook reflects continued broad-based strength in demand. While the productivity gains from our existing manufacturing footprint are moderating as we approach its capacity limits, we are bringing our new Farmers Branch factory online, which will provide additional capacity to support our growth.”
LIVERMORE, Calif., Oct. 28, 2026 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the third quarter of fiscal 2026 ended September 26, 2026. Quarterly revenues were $280.5 million, an increase of 8.6% compared to $258.2 million in the second quarter of fiscal 2026, and an increase of 38.4% from $202.7 million in the third quarter of fiscal 2025. * Fourth consecutive quarterly revenue record, nearly 40% higher than the prior year quarter * Ten percent sequential growth in Foundry & Logic, with broad-based strength across multiple end applications * Greater than twenty percent sequential growth in Systems segment revenue on higher demand for co-packaged optics * Following the end of the third quarter, announced expansion of longstanding partnership with Teradyne aimed at accelerating the development, validation, and high-volume production of next-generation semiconductor applications enabling high-performance compute “FormFactor continued its strong momentum during the third quarter, delivering growth in revenue, gross margin, and earnings per share that exceeded the high end of our guidance,” said Mike Slessor, CEO of FormFactor, Inc. “These results underscore the strength of our diversified leadership position at the intersection of high-performance compute and advanced packaging, and our ability to meet rising customer demand by increasing output within our existing manufacturing footprint.”
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