---
schema_version: "secwatch.filing_event.v1"
accession: "0001039399-23-000006"
form_type: "8-K"
ticker: "FORM"
cik: "0001039399"
company_name: "FORMFACTOR INC"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:22:09.954849+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FormFactor Q4 revenue $166M, GAAP net loss $0.18/sh; director Link not standing for re-election

## Summary
- Q4 revenue $166.0M, down 8.2% sequentially and 19% YoY; FY2022 revenue $748M down 2.8%.
- GAAP net loss $13.7M ($0.18 loss per share) vs net income $4.4M in Q3; non-GAAP net income $4.1M ($0.05).
- Q1 FY2023 outlook: revenue ~$162M ±$5M, non-GAAP EPS $0.13 ±0.04, GAAP gross margin ~35%.
- Director Raymond Link will not stand for re-election at May 19, 2023 annual meeting; no disagreement.
- Systems segment achieved second consecutive record quarter; restructuring completed in Q4.

## SEC filing metadata
- accession: 0001039399-23-000006
- form_type: 8-K
- ticker: FORM
- cik: 0001039399
- company_name: FORMFACTOR INC
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039399/000103939923000006/0001039399-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039399/000103939923000006/form-20230203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001039399-23-000006
- JSON: https://secwatch.observer/filing/0001039399-23-000006.json
- Plain text: https://secwatch.observer/filing/0001039399-23-000006.txt

## Key facts
- Earnings Releases
  FORMFACTOR INC reported the fourth quarter of fiscal 2022 ended December 31, 2022 results: revenue $166.0 million, net income net loss for the fourth quarter of fiscal 2022 was $13.7 million, or negative $0.18 per fully-diluted share, EPS negative $0.18 per fully-diluted share.
  - Period: the fourth quarter of fiscal 2022 ended December 31, 2022
  - Revenue: $166.0 million
  - Net income: net loss for the fourth quarter of fiscal 2022 was $13.7 million, or negative $0.18 per fully-diluted share
  - EPS: negative $0.18 per fully-diluted share
  - Result: reported results
  source text: FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the fourth quarter of fiscal 2022 ended December 31, 2022. Quarterly revenues were $166.0 million, a decrease of 8.2% compared to $180.9 million in the third quarter of fiscal 2022, and a decrease of 19.0% from $205.0 million in the fourth quarter of fiscal 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039399/000103939923000006/0001039399-23-000006-index.htm
- Executive change
  Raymond A. Link departed as Director at FORMFACTOR INC.
  - Action: not stand for re-election
  - Role: Director
  source text: On February 3, 2023, Raymond A. Link, a director of FormFactor, Inc. (the “Company”) notified the Company that he will not stand for re-election at the Company’s next annual meeting of stockholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039399/000103939923000006/0001039399-23-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.