Formfactor Inc Q1 FY2026 Earnings Call

Formfactor Inc (FORM)

Earnings Call FY2026 Q1 Call date: 2026-04-29 Concluded

Quarter scorecard

Revenue

$226.14M

+32% YoY

Diluted EPS

$0.26

+225% YoY

Gross margin

38.4%

+0.7 pp YoY

Net income

$20.38M

+218.5% YoY

Probe Cards Segment $198.26M

+45.2%

Systems Segment $27.89M

-19.9%

from the 8-K filed Apr 29, 2026

Metric	Period	Guided	Basis
Revenue table Initiated second quarter ending June 27, 2026	second quarter ending June 27, 2026	$235M – $245M	Non-GAAP
Revenue table Initiated second quarter ending June 27, 2026	second quarter ending June 27, 2026	$235M – $245M	GAAP
Gross margin table Initiated second quarter ending June 27, 2026	second quarter ending June 27, 2026	48% – 51%	Non-GAAP
Gross margin table Initiated second quarter ending June 27, 2026	second quarter ending June 27, 2026	45.1% – 48.1%	GAAP
Net income per diluted share table Initiated second quarter ending June 27, 2026	second quarter ending June 27, 2026	$0.42 – $0.50	GAAP
Net income per diluted share table Initiated second quarter ending June 27, 2026	second quarter ending June 27, 2026	$0.57 – $0.65	Non-GAAP