earnings
confidence high
sentiment positive
materiality 0.75
FormFactor Q3 revenue $202.7M beats midpoint; Q4 guidance above Q3
FORMFACTOR INC
2025-Q3 EPS reported
$0.40
revenue$569,830,000
- Q3 revenue $202.7M (+3.5% QoQ, -2.5% YoY); GAAP EPS $0.20, non-GAAP EPS $0.33; both exceeded midpoint of outlook.
- GAAP gross margin 39.8%, up 250 bps from Q2; non-GAAP gross margin 41.0%.
- DRAM probe cards reached record quarterly revenue, driven by HBM growth; Systems segment grew QoQ.
- Q4 outlook: revenue $210M +/- $5M, non-GAAP EPS $0.35 +/- $0.04, non-GAAP gross margin ~42%.
- Free cash flow improved to $19.7M in Q3 from -$47.1M in Q2; operating cash flow $27.0M.