FormFactor reports record Q3 revenue and beats earnings estimates while forecasting strong Q4 outlook
+1 new source since this summary was written
FormFactor Inc. posted third‑quarter 2026 revenue of $280.5 million, up 40% year‑over‑year, and GAAP earnings of $0.93 per share, beating analysts’ forecasts. Adjusted earnings came in at $1.04 per share. The company said Foundry & Logic revenue rose 10% sequentially and the Systems segment delivered a record $59.5 million. It reaffirmed its target to exceed $1 billion in total 2026 revenue and raised its long‑term goals to $1.6 billion revenue, 55% gross margin and $5 EPS, while announcing the ramp‑up of its new Farmers Branch factory.
Why it matters
The firm’s Q4 guidance of $275 million‑$295 million revenue and $0.86‑$1.04 EPS, above consensus estimates, may support the stock despite the recent 10%‑plus price drop. The expectation to surpass $1 billion in 2026 revenue signals continued growth for investors.
Key facts
- 1Q3 revenue was $280.5 million. finance.yahoo.com
- 2GAAP earnings per diluted share were $0.93. finance.yahoo.com
- 3Adjusted earnings per diluted share were $1.04. finance.yahoo.com
- 4Foundry & Logic revenue grew 10% sequentially. finance.yahoo.com
- 5Systems segment revenue was a record $59.5 million. finance.yahoo.com
- 6Non‑GAAP gross margin was between 52.5% and 53%. finance.yahoo.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.