FormFactor, Inc.

FORM Technology Semiconductor Equipment & Materials

FormFactor, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $785.0 million, up 2.80% from fiscal 2024.

Revenue
+38.4%
EPS
+370.0%
Free cash flow
+233.2%
Total debt
−9.05%

Quarter to September 2026, against a year earlier

80.38 8.62 +12.01%
Market cap
$5.6B
P/E
32.8×
Fwd P/E
31.9×
Dividend yield
—
F-score
4/9
Altman Z
15.12
Beneish M
−2.40
Dividend safety
n/a

FormFactor, Inc. (FORM) Free cash flow

Alert me on Free cash flow

FormFactor, Inc.'s free cash flow for fiscal 2025 was $11.7M, down 85.2% from $79.1M in fiscal 2024. Over the twelve months to 30 September 2026 it was $182.0M. Over the past ten years it has ranged from $6.0M (fiscal 2016) to $113.4M (fiscal 2020); the current reading is higher than 27% of that period. FormFactor, Inc. ranks 11th of 29 Semiconductor Equipment & Materials companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $11.7M (85.16%)
FY2024 $79.1M 822.43%
FY2023 $8.6M (87.11%)
FY2022 $66.5M (8.70%)
FY2021 $72.9M (35.74%)
FY2020 $113.4M 13.16%
FY2019 $100.2M 105.10%
FY2018 $48.9M (28.75%)
FY2017 $68.6M 1,051.42%
FY2016 $6.0M (79.24%)

Quarterly newest first

Period Free cash flow Change
Sep 2026 $64.9M 23.18%
Jun 2026 $52.7M 76.59%
Mar 2026 $29.8M (13.64%)
Dec 2025 $34.6M 77.35%
43 more quarters

Against its own ten years

Low $6.0M High $113.4M
Ten-year median $66.5M
Current reading's percentile 27

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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