---
schema_version: "secwatch.filing_event.v1"
accession: "0001039399-23-000030"
form_type: "8-K"
ticker: "FORM"
cik: "0001039399"
company_name: "FORMFACTOR INC"
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T11:04:21.498259+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# FormFactor Q2 revenue $155.9M, down 23.5% YoY; non-GAAP EPS $0.14

## Summary
- Revenue $155.9M, down 6.9% QoQ and 23.5% YoY; GAAP EPS $0.01.
- Non-GAAP gross margin 40.6%, up from 38.4% QoQ; Systems segment near record.
- Generative AI driving strong demand for DDR5 and HBM probe cards.
- Q3 guidance: revenue $167M ±$5M, non-GAAP EPS $0.17 ±$0.04.
- Free cash flow $2.1M in Q2 vs negative $7.3M in prior Q1.

## SEC filing metadata
- accession: 0001039399-23-000030
- form_type: 8-K
- ticker: FORM
- cik: 0001039399
- company_name: FORMFACTOR INC
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039399/000103939923000030/0001039399-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039399/000103939923000030/form-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001039399-23-000030
- JSON: https://secwatch.observer/filing/0001039399-23-000030.json
- Plain text: https://secwatch.observer/filing/0001039399-23-000030.txt

## Key facts
- Earnings Releases
  FORMFACTOR INC reported second quarter of fiscal 2023 ended July 1, 2023 results: revenue $155.9 million, net income $0.8 million, EPS $0.01 per fully-diluted share. Guidance reaffirmed.
  - Period: second quarter of fiscal 2023 ended July 1, 2023
  - Revenue: $155.9 million
  - Net income: $0.8 million
  - EPS: $0.01 per fully-diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Calif. — August 2, 2023 —FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the second quarter of fiscal 2023 ended July 1, 2023. Quarterly revenues were $155.9 million, a decrease of 6.9% compared to $167.4 million in the first quarter of fiscal 2023, and a decrease of 23.5% from $203.9 million in the second quarter of fiscal 2022. • Higher
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039399/000103939923000030/0001039399-23-000030-index.htm

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