FORMFACTOR INC(FORM)Stock Analysis
AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →13F Pro Quality Score
Rank #1,247 of 2,879 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
FORM Stock Analysis & AI Quality Score
AI stock analysis and institutional research for FORMFACTOR INC (FORM), a Technology sector company. 13F Pro's AI-powered ranking engine scores FORM at 54.0/100 on a 32-signal composite quality model, placing it at rank #1,247 of 2,879 stocks — the top half of the AI-ranked universe. FORM scores in the top quartile across earnings quality (79.3). Areas of concern include free cash flow (36.4), which score below median versus the broader universe. Shareholder dilution risk is elevated at 25.9/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), FORMFACTOR INC reports quarterly revenue of $226.1M, net income of $20.4M, an operating margin of 7.4%. Top institutional holders of FORM by reported 13-F value include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, EARNEST PARTNERS, based on the most recent SEC filings. FORM trades on the Nasdaq exchange and files with the SEC under CIK 1039399. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FORM daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for FORMFACTOR INC directly from SEC EDGAR. FORMFACTOR INC's 13F Pro composite quality score has ranged between 8 and 66 since 2021, currently 54.0 — a declining long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q1 2026
$226.1M
Net Income
Q1 2026
$20.4M
Free Cash Flow
Q1 2026
$29.8M
Operating Margin
Q1 2026
7.4%
D/E Ratio
Q1 2026
0.01
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+2.8% YoYNet Income
-21.9% YoYOperating Income
-11.9% YoYEPS (Diluted)
-22.5% YoYTotal Assets
+6.8% YoYTotal Debt
-7.5% YoYOp. Cash Flow
-1.8% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $785.0M +2.8% | $763.6M +15.2% | $663.1M -11.3% | $747.9M -2.8% | $769.7M +11.0% | $693.6M |
| Net Income | $54.4M -21.9% | $69.6M -15.5% | $82.4M +62.4% | $50.7M -39.5% | $83.9M +6.9% | $78.5M |
| Operating Income | $57.1M -11.9% | $64.8M -21.7% | $82.8M +50.7% | $54.9M -44.0% | $98.0M +17.0% | $83.8M |
| EPS (Diluted) | $0.69 -22.5% | $0.89 -15.2% | $1.05 +61.5% | $0.65 -38.7% | $1.06 +7.1% | $0.99 |
| Total Assets | $1.22B +6.8% | $1.15B +3.6% | $1.11B +9.8% | $1.01B -1.2% | $1.02B +5.9% | $963.2M |
| Total Debt | $13.3M -7.5% | $14.4M -6.8% | $15.5M -6.2% | $16.5M -50.5% | $33.3M -24.3% | $44.0M |
| Operating Cash Flow | $115.4M -1.8% | $117.5M +81.9% | $64.6M -51.0% | $131.8M -5.4% | $139.4M -17.7% | $169.3M |
AI Insight: FORM Financial Trends
FORM returned to growth and profitability in 2025, with Q4 2025 and Q1 2026 delivering strongest margins and cash generation in two years.
• Revenue grew 5.6% YoY from Q1 2025 ($171M) to Q1 2026 ($226M); Q4 2025 posted $215M, highest in dataset.
• Operating margin recovered to 10.7% in Q4 2025 and 7.5% in Q1 2026, rebounding from 1.8% trough in Q1 2025.
• Operating cash flow surged to $46M in Q4 2025 and $45M in Q1 2026—double the prior-year equivalent quarters.
⚠ Debt-to-equity remains low at 1.1%, but equity expanded 11.7% from Q2 2024 to Q1 2026—monitor capital allocation discipline.
⚠ Q1 2025 delivered only $3M operating income and $6M net income; recovery took three quarters—execution risk remains.
AI Insight: FORM Ratio Trends
FORM rebounded sharply through 2025 but Q1 2026 signals pullback—operating margin fell 340bps quarter-over-quarter despite NPM stability.
• OpMargin surged from 1.9% nadir in Q1 2025 to 10.9% peak in Q4 2025, recovering profitability across the cycle.
• ROIC climbed from 1.3% in Q1 2025 to 9.0% in Q4 2025, then contracted to 6.2% in Q1 2026.
• Leverage remained flat at 0.01 D/E throughout period; balance sheet stability intact.
⚠ OpMargin declined 350bps Q4 2025 to Q1 2026 (10.9% → 7.4%); first sequential contraction in recovery phase.
⚠ TTM OpMargin of 8.4% lags Q4 2025's 10.9%, suggesting Q1 2025 weakness still dragging full-year metrics.
Get alerted when FORM's score changes
Free account: watchlist tracking, the daily AI brief, and the AI screener.
Available Research
13F Pro tracks comprehensive data for FORMFACTOR INC including:
Top Institutional Holders of FORM
BlackRock, Inc.
$1.2B12,247,574 shVANGUARD PORTFOLIO MANAGEMENT LLC
$570.3M5,880,008 shEARNEST PARTNERS LLC
$472.8M4,875,165 shVANGUARD CAPITAL MANAGEMENT LLC
$336.8M3,472,491 shSTATE STREET CORP
$284.0M2,928,139 shBANK OF AMERICA CORP /DE/
$240.6M2,481,059 shPolar Capital Holdings Plc
$222.3M2,292,313 shGEODE CAPITAL MANAGEMENT, LLC
$212.2M2,187,865 shPRIMECAP MANAGEMENT CO/CA/
$173.5M1,788,644 shSEI INVESTMENTS CO
$163.2M1,682,322 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $1.2B | 12,247,574 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $570.3M | 5,880,008 |
| EARNEST PARTNERS LLC | $472.8M | 4,875,165 |
| VANGUARD CAPITAL MANAGEMENT LLC | $336.8M | 3,472,491 |
| STATE STREET CORP | $284.0M | 2,928,139 |
| BANK OF AMERICA CORP /DE/ | $240.6M | 2,481,059 |
| Polar Capital Holdings Plc | $222.3M | 2,292,313 |
| GEODE CAPITAL MANAGEMENT, LLC | $212.2M | 2,187,865 |
| PRIMECAP MANAGEMENT CO/CA/ | $173.5M | 1,788,644 |
| SEI INVESTMENTS CO | $163.2M | 1,682,322 |
More Technology Companies
View all Technology →Put FORM on your watchlist
Track score changes the day FORMFACTOR INC files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.
Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).
Popular Research
Is FORM a good stock to buy?
13F Pro's AI-powered analysis of FORMFACTOR INC (FORM) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for FORM are available on the FORM stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own FORM?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling FORM. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of FORMFACTOR INC's investment landscape.