FormFactor Q4 revenue $215.2M (+13.6% YoY); GAAP EPS $0.29, non-GAAP $0.46

FORMFACTOR INC

2025-FY EPS reported $0.69 revenue$784,993,000

FY2025 revenue record $785.0M, up 2.8% YoY; Q4 revenue beat high end of outlook.
Non-GAAP gross margin 43.9% in Q4 (up 290 bps QoQ); guides Q1'26 non-GAAP gross margin 45% +/- 1.5%.
GAAP net income $23.2M in Q4 vs $15.7M in Q3; non-GAAP net income $36.6M ($0.46 diluted).
Q1'26 outlook: revenue $225M +/- $5M, non-GAAP EPS $0.45 +/- $0.04.
Acquired Keystone Photonics for co-packaged optics testing; Analyst Day announced for May 11.

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