FormFactor — Q3 2026 Earnings Summary

FormFactor, Inc. reported third-quarter fiscal 2026 revenue of $280.5 million, representing an 8.6% increase from the previous quarter and a 38.4% rise year-over-year. The company achieved a GAAP net income of $73.8 million, or $0.93 per diluted share, while non-GAAP net income reached $82.3 million, or $1.04 per diluted share. Gross margins improved to 54.7% on a GAAP basis and 56.5% on a non-GAAP basis, driven by strong demand in Foundry & Logic and Systems segments. Looking ahead to the fourth quarter, FormFactor forecasts revenue between $275 million and $295 million with non-GAAP net income per diluted share projected between $0.86 and $1.04.