…
FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally. The company operates in two segments: Probe Cards and Systems segments. The company provides probe cards to test various semiconductor device types, including systems- on-chip products, such as graphics, central, digital processing units, and other custom application-specific processing units; mobile application processors, microprocessors, and microcontrollers; network devices, which include switches and network processing units; dynamic random-access memory; radio-frequency amplifiers and filters; antenna-in-package devices; analog and mixed-signal integrated circuits; image sensors; co-packaged optical integrated circuits; NAND flash memory; NOR flash memory; and quantum computer processor devices. It also offers analytical probes, which are used for device characterization, electrical simulation model development, failure analysis, and prototype design debugging; probe stations, a critical tool for the development of new generations of semiconductor and electro-optical processes and designs; and thermal subsystems, which include thermal chucks and other test systems used in probe stations and other applications for precise temperature management. In addition, the company provides cryogenic systems, which includes the manufacture of precision cryogenic instruments and semiconductor test and measurement systems; and services and support, including installation services. Further, it offers on-site probe card maintenance and service training, seminars, and telephone support services. It markets and sells its products through direct sales force, manufacturers' representatives, and distributors. The company was incorporated in 1993 and is headquartered in Livermore, California.
Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website
A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
FormFactor Inc designs and manufactures semiconductor test and measurement equipment, including probe cards and wafer-level contactors used by chipmakers and packaging suppliers. Long-term growth drivers include rising device complexity, advanced nodes and heterogeneous packaging that increase wafer-test needs, and secular demand from AI, 5G and automotive electronics, which may benefit its higher-performance product offerings and services.
Material risks include pronounced cyclicality in semiconductor capital spending, dependence on a small number of large customers, rapid technological change requiring sustained R&D and execution risk when scaling complex products.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 67.36M | 79.41M | 89.27M | 57.87M | 98.50M |
| Net income | 54.36M | 69.61M | 82.39M | 50.74M | 83.92M |
| Selling general administrative | 133.07M | 120.71M | 135.55M | 131.88M | 123.79M |
| Selling and marketing expenses | - | 21.08M | - | - | - |
| Gross profit | 309.99M | 307.92M | 258.58M | 296.01M | 322.77M |
| Reconciled depreciation | 37.59M | 32.90M | 38.37M | 38.04M | 44.52M |
| Ebit | 67.36M | 79.83M | 82.76M | 54.91M | 98.04M |
| Ebitda | 104.95M | 112.73M | 82.76M | 96.49M | 143.62M |
| Depreciation and amortization | 37.59M | 32.90M | 37.45M | 41.57M | 45.58M |
| Non operating income net other | - | - | - | 3.54M | 1.06M |
| Operating income | 67.04M | 64.78M | 82.76M | 54.91M | 98.04M |
| Other operating expenses | 717.95M | 698.82M | 653.30M | 693.02M | 671.64M |
| Interest expense | 0.52M | 0.42M | 0.42M | 0.58M | 0.60M |
| Tax provision | 13.00M | 9.80M | -1.10M | 7.13M | 14.58M |
| Interest income | 10.64M | 14.11M | 5.96M | 2.22M | 0.57M |
| Net interest income | 10.12M | 13.69M | 5.38M | 1.64M | -0.03M |
| Income tax expense | 13.00M | 9.80M | 6.88M | 7.13M | 14.58M |
| Total revenue | 784.99M | 763.60M | 663.10M | 747.94M | 769.67M |
| Total operating expenses | 242.95M | 243.14M | 248.78M | 241.10M | 224.73M |
| Cost of revenue | 475.00M | 455.68M | 404.52M | 451.93M | 446.91M |
| Total other income expense net | 0.32M | 14.63M | 6.51M | 2.96M | 0.46M |
| Net income from continuing ops | 54.36M | 69.61M | -7.19M | 50.74M | 83.92M |
| Net income applicable to common shares | - | - | - | 50.74M | 83.92M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 1224.36M | 1146.21M | 1106.79M | 1008.23M | 1020.52M |
| Intangible assets | 16.30M | 10.36M | 12.94M | 26.75M | 36.34M |
| Other current assets | 44.52M | 39.13M | 25.87M | 23.90M | 20.89M |
| Total liab | 189.04M | 198.45M | 179.99M | 199.94M | 204.74M |
| Total stockholder equity | 1035.40M | 947.77M | 908.80M | 808.28M | 815.78M |
| Deferred long term liab | - | - | - | 8.30M | 9.54M |
| Other current liab | 47.53M | 40.77M | 41.04M | 42.12M | 50.84M |
| Common stock | 0.08M | 0.08M | 0.08M | 0.08M | 0.08M |
| Capital stock | 0.08M | 0.08M | 0.08M | 0.08M | 0.08M |
| Retained earnings | 175.31M | 120.94M | 51.33M | -31.06M | -81.79M |
| Other liab | - | - | - | 8.30M | 9.54M |
| Good will | 216.03M | 199.17M | 201.09M | 211.44M | 212.30M |
| Other assets | - | - | - | 74.27M | 66.08M |
| Cash | 103.33M | 190.73M | 178.96M | 106.13M | 151.01M |
| Total current liabilities | 123.86M | 131.34M | 131.09M | 149.67M | 148.75M |
| Current deferred revenue | 20.09M | 15.85M | 16.70M | 29.85M | 23.22M |
| Net debt | -58.48M | -151.50M | -130.82M | -55.75M | -87.73M |
| Short term debt | 8.80M | 9.47M | 9.50M | 8.40M | 16.83M |
| Short long term debt | 1.14M | 1.11M | 1.07M | 1.04M | 8.93M |
| Short long term debt total | 44.85M | 39.23M | 48.15M | 50.37M | 63.27M |
| Other stockholder equity | 863.55M | 837.59M | 861.45M | 844.84M | 898.95M |
| Property plant equipment | - | - | - | 189.85M | 181.76M |
| Total current assets | 557.05M | 605.13M | 573.78M | 474.55M | 524.04M |
| Long term investments | 64.10M | 0.00M | - | - | - |
| Net tangible assets | - | - | - | 596.84M | 567.14M |
| Short term investments | 171.84M | 169.29M | 150.51M | 132.00M | 125.06M |
| Net receivables | 125.42M | 104.29M | 106.76M | 88.14M | 115.54M |
| Long term debt | 11.07M | 12.21M | 13.31M | 14.39M | 15.43M |
| Inventory | 110.88M | 101.68M | 111.69M | 123.16M | 111.55M |
| Accounts payable | 47.44M | 62.29M | 63.86M | 69.31M | 57.86M |
| Accumulated other comprehensive income | -3.53M | -10.84M | -4.05M | -5.58M | -1.45M |
| Common stock total equity | - | - | - | 0.08M | 0.08M |
| Retained earnings total equity | - | - | - | -31.06M | -81.79M |
| Non currrent assets other | 2.43M | 6.74M | 2.79M | 6.62M | 4.08M |
| Non current assets total | 667.31M | 541.09M | 533.01M | 533.68M | 496.48M |
| Capital lease obligations | 20.15M | 25.91M | 33.76M | 34.94M | 38.91M |
| Long term debt total | - | - | - | 14.39M | 15.43M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | -0.18M | -33.48M | -73.69M | -78.69M | -58.24M |
| Change to liabilities | - | - | - | -4.17M | -7.03M |
| Total cashflows from investing activities | -191.47M | -33.48M | 29.05M | -75.70M | -124.74M |
| Net borrowings | -1.11M | -1.07M | -1.04M | -8.40M | -9.34M |
| Total cash from financing activities | -13.63M | -64.61M | -22.71M | -95.93M | -47.20M |
| Change to operating activities | - | - | - | -20.61M | -4.40M |
| Net income | 54.36M | 69.61M | 82.39M | 50.74M | 83.92M |
| Change in cash | -90.16M | 15.93M | 68.29M | -45.36M | -35.76M |
| Begin period cash flow | 197.21M | 181.27M | 112.98M | 155.34M | 191.10M |
| End period cash flow | 107.05M | 197.21M | 181.27M | 109.98M | 155.34M |
| Total cash from operating activities | 115.40M | 117.53M | 64.60M | 131.78M | 139.36M |
| Issuance of capital stock | 26.12M | 9.75M | 8.82M | 10.50M | 10.65M |
| Depreciation | 46.93M | 32.90M | 37.45M | 38.04M | 44.52M |
| Other cashflows from investing activities | 0.10M | -1.50M | - | -3.35M | -1.00M |
| Dividends paid | - | - | 0.00M | - | - |
| Change to inventory | -20.66M | -8.26M | -9.49M | -28.78M | -31.66M |
| Change to account receivables | -20.16M | -1.92M | -23.30M | 26.03M | -9.09M |
| Sale purchase of stock | -26.24M | -53.30M | -19.80M | -82.33M | -24.04M |
| Other cashflows from financing activities | -12.40M | -19.98M | -30.49M | -15.71M | -24.48M |
| Change to netincome | - | - | - | 52.17M | 10.92M |
| Capital expenditures | 103.66M | 38.44M | 56.03M | 65.24M | 66.50M |
| Change receivables | - | - | - | 26.03M | -9.09M |
| Cash flows other operating | - | - | - | 6.96M | 26.30M |
| Exchange rate changes | - | - | - | - | -3.18M |
| Cash and cash equivalents changes | - | - | - | -39.85M | -35.76M |
| Change in working capital | -42.97M | -8.65M | -32.23M | -18.17M | -35.56M |
| Stock based compensation | 38.58M | 39.76M | 38.62M | 31.34M | 29.38M |
| Other non cash items | 16.57M | -2.74M | -49.52M | 36.18M | 13.23M |
| Free cash flow | 11.74M | 79.10M | 8.57M | 66.53M | 72.87M |
Sector: Technology Industry: Semiconductor Equipment & Materials
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| FORM FormFactor Inc |
-5.01 5.23% |
90.77 | 205.86 | 76.34 | 14.11 | 10.69 | 13.80 | 100.74 |
| ASML ASML Holding N.V. New York Registry Shares |
-14.12 0.92% |
1520.30 | 48.54 | 41.49 | 17.21 | 23.21 | 14.06 | 36.48 |
| ASMLF ASML Holding NV |
-19.87 1.29% |
1523.00 | 48.31 | 41.32 | 16.88 | 23.07 | 14.07 | 36.51 |
| AMAT Applied Materials Inc |
-11.68 2.96% |
383.40 | 40.44 | 36.23 | 11.09 | 14.41 | 11.04 | 30.52 |
| TOELF Tokyo Electron Ltd. |
-1.05 1.76% |
58.50 | 38.96 | 29.50 | 0.06 | 10.52 | 9.30 | 32.18 |
FormFactor, Inc. designs, manufactures, and sells probe cards, analytical probes, probe stations, thermal systems, cryogenic systems, and related services in the United States, South Korea, Taiwan, China, Japan, Singapore, Europe, Malaysia, and internationally. The company operates in two segments: Probe Cards and Systems segments. The company provides probe cards to test various semiconductor device types, including systems- on-chip products, such as graphics, central, digital processing units, and other custom application-specific processing units; mobile application processors, microprocessors, and microcontrollers; network devices, which include switches and network processing units; dynamic random-access memory; radio-frequency amplifiers and filters; antenna-in-package devices; analog and mixed-signal integrated circuits; image sensors; co-packaged optical integrated circuits; NAND flash memory; NOR flash memory; and quantum computer processor devices. It also offers analytical probes, which are used for device characterization, electrical simulation model development, failure analysis, and prototype design debugging; probe stations, a critical tool for the development of new generations of semiconductor and electro-optical processes and designs; and thermal subsystems, which include thermal chucks and other test systems used in probe stations and other applications for precise temperature management. In addition, the company provides cryogenic systems, which includes the manufacture of precision cryogenic instruments and semiconductor test and measurement systems; and services and support, including installation services. Further, it offers on-site probe card maintenance and service training, seminars, and telephone support services. It markets and sells its products through direct sales force, manufacturers' representatives, and distributors. The company was incorporated in 1993 and is headquartered in Livermore, California.
7005 Southfront Road, Livermore, CA, United States, 94551
925 290 4000
2153
| Name | Title | Year Born |
|---|---|---|
| Dr. Michael D. Slessor | CEO, Pres & Director | 1970 |
| Mr. Shai Shahar | Chief Financial Officer | 1972 |
| Mr. Jarek Kister | CTO and Sr. VP of Technology R&D | NA |
| Mr. Steven Nott | Chief Information Officer | NA |
| Stan Finkelstein | Head of Investor Relations | NA |
| Ms. Christy Robertson | VP, Gen. Counsel & Sec. | NA |
| Ms. Chunyi Leong | Chief Marketing Officer, Sr. VP of Mergers & Acquisitions and GM | 1975 |
| Mr. Robert Selley | Sr. VP of Worldwide Sales & Service | 1969 |
| Ms. Aliza Scott | Chief HR Officer | NA |
| Dr. Matt Losey | Exec. VP & GM of Probes Bus. Unit | NA |
Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.