FormFactor to Report Earnings After the Bell, With Analysts Expecting 33.5% Revenue Growth

FormFactor will report earnings after the bell, with analysts expecting revenue growth of 33.5% year on year, according to the FinancialContent Business Page. The semiconductor testing company's last quarter revenue was $258.2 million, up 31.9% year on year, beating analysts' revenue and EPS estimates.

FormFactor's Quarter and the Analyst View

FormFactor beat analysts' revenue expectations last quarter, reporting revenues of $258.2 million, up 31.9% year on year. The quarter included a beat of analysts' EPS estimates and a solid beat of analysts' operating income estimates. This quarter, the market expects FormFactor's revenue to grow 33.5% year on year, a reversal from the 2.5% decrease it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings, and FormFactor rarely misses Wall Street's revenue estimates.

Among FormFactor's peers in the semiconductors segment, Lam Research delivered year-on-year revenue growth of 54.4%, meeting analysts' expectations, and Amkor reported flat revenue, falling short of estimates by 1.1%. Lam Research traded down 11.8% following the results. FormFactor is down 21.6% over the past year and is heading into earnings with an average analyst price target of $152.22, compared with the current share price of $102.64.

FormFactor's Product and Funding Record

FormFactor designs and manufactures semiconductor wafer probe cards, analytical probe stations, and cryogenic test equipment for chip manufacturers worldwide, according to akta.pro company records. The same records show record annual revenue of $785.0 million for fiscal 2025, up 2.8% from fiscal 2024, and Q1 2026 record revenue of $226.1 million, up 32% year-over-year. FormFactor's funding record includes a $300 million post-IPO equity round in October 2026 led by Teradyne and a $24.2 million grant in July 2026 led by the Texas Semiconductor Innovation Fund.

FormFactor's Recent Partnership and Expansion Moves

In October 2026, Teradyne announced a strategic partnership with FormFactor to accelerate development of next-generation semiconductor testing, with specific details not disclosed, FinanzNachrichten.de reported. FormFactor will open a new manufacturing facility in Farmers Branch, bringing over 600 jobs, backed by up to $230 million in investment, American City Business Journals reported. In May 2026, FormFactor launched the Triton co-packaged optics wafer test platform co-developed with Advantest and Tokyo Electron, opening a new CPO revenue stream estimated at $10-20M, according to akta.pro company records.

FormFactor's Next Steps

FormFactor is consolidating its Carlsbad and Baldwin Park, California manufacturing sites, affecting 200-300 employees, to improve gross margins as the new Texas facility ramps, according to akta.pro company records. The company's Triton platform was co-developed with Advantest and Tokyo Electron.