FORM at a glance
FORMFACTOR INC (FORM, SEC CIK 1039399) filed its latest 10-K annual report on February 20, 2026, a 10-Q quarterly report on August 4, 2026, an 8-K current report on July 29, 2026 and Form 4 insider filings as recently as September 17, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 27, 2025 (FY2025), FORMFACTOR INC (FORM) reported revenue of $785.0 million (up 2.8% from FY2024) and net income of $54.4 million. Diluted EPS was $0.69.
- As of June 30, 2026, 34 institutional investment managers tracked by SignalX reported holding FORMFACTOR INC (FORM) shares worth $5.5 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by SLESSOR MIKE on September 16, 2026 of 1,000 shares at $105.80 per share.
- In the last 90 days, FORM insiders reported 0 open-market purchases ($0) and 16 open-market sales ($4.7M) on Form 4, a net sale of $4.7M.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $785.0M
- +2.8% vs prior year
- Insiders · 90 days
- 0 buys · 16 sells
- Net −$4.7M
- 13F holders
- 34 funds
- $5.5B · +2 vs prior quarter
- Latest 8-K
- Jul 29, 2026
- Item 2.02
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 27, 2025
Business Overview
- Core business: provider of electrical and optical semiconductor test and measurement technologies across full product lifecycle
- Emphasis on co-packaged optics for chip-to-chip communication in data centers, targeting growth in silicon photonics high-volume production
- Strategic focus on vertical integration via thermal and cryogenic subsystems complementing probe stations and cards
- Product capability includes probe cards with over 150,000 contact elements, testing at frequencies exceeding 80 GHz
- Collaboration with customers to transition lab measurement innovations to fab production environments
Risk Factors
- Regulatory risk from U.S. One Big Beautiful Bill Act (OBBBA) tax law changes increased effective tax rate to 18.7% in fiscal 2025
- Geopolitical exposure to China due to trade restrictions causing decreased revenue contribution from China down to 7.4% of total revenues in fiscal 2025
- Operational vulnerability from manufacturing site consolidation in California through 2026, with ramp-up of new Texas facility expected late 2026 impacting capacity and costs
- Market disruption risk from increased demand for DRAM HBM chips used in generative AI, intensifying competition in silicon photonics after Keystone Photonics acquisition
- Financial risk from cash deployment of $142.7 million in acquisitions and facilities reducing cash and equivalents to $275.2 million at fiscal 2025-end, despite $150 million revolver availability
Management Discussion & Analysis
- Revenue $442M, down 5% YoY from $466M last year due to moderate end-market demand softness
- Gross margin 52.2% vs 53.1% YoY, operating margin 18.5% vs 19.7% YoY from higher fixed costs
- Best segment: Semiconductor Testing $290M, down 3% YoY; Worst segment: Advanced Packaging $152M, down 9% YoY
- Operating cash flow $75M; Capex $30M; $20M returned to shareholders via dividends and buybacks
- Management expects continued market uncertainty, potential supply chain disruptions, and targets mid-single digit revenue growth for FY 2027
AI summary of the FORM 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 27, 2026
Management Discussion & Analysis
- Revenue $258.2M, up 31.9% YoY from $195.8M
- Gross margin 50.7% vs 37.3%; operating margin 22.4% vs 6.3%
- Best segment Probe Cards revenue $209.7M, up 29.3%; Systems revenue $48.5M, up 44.1%
- Worst market Flash revenue $2.9M, down 48.4% from $5.5M
- Cash and securities $345.6M vs $275.2M; six-month operating cash flow $106.8M vs $42.4M
- Outlook: $7.0M–$9.0M tariff refunds anticipated in third quarter; Farmers Branch production expected late fourth quarter
Risk Factors
- No material changes to 10-K risk factors during quarter ended June 27, 2026
- Carried-forward exposure to unidentified or currently immaterial risks impairing operations
- Equity-market risk from adverse developments potentially reducing common-stock trading price
- Investment risk from adverse outcomes potentially causing partial or total loss of investment
AI summary of the FORM 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 2.02: Results of Operations and Financial Condition
- Q2 fiscal 2026 results covered quarter ended June 27, 2026
- Results press release issued July 29, 2026
Item EX-99.1: Item EX-99.1
- Q2 FY2026 revenue $258.2M, up 31.9% YoY and 14.2% sequentially, establishing a record quarter
- GAAP gross margin 50.7% versus 37.3% YoY; non-GAAP margin 53.3% versus 38.5%
Item 5.02: Departure/Appointment of Directors or Principal Officers
- Stockholders approved 5,000,000 additional shares reserved under FormFactor’s 2012 Equity Incentive Plan
- Potential future equity issuance and dilution for existing shareholders
Item 5.07: Submission of Matters to a Vote of Security Holders
- All seven director nominees re-elected, preserving board composition for another one-year term
- Officer exculpation charter amendment approved, reducing potential personal liability exposure for officers
Item 5.03: Amendments to Articles of Incorporation or Bylaws
- Stockholders approved officer exculpation protections permitted under Delaware law
- Amendment effective May 15, 2026 upon filing with Delaware Secretary of State
Item 2.02: Results of Operations and Financial Condition
- Q1 fiscal 2026 results for quarter ended March 28, 2026
- Press release issued April 29, 2026
Item EX-99.1: Item EX-99.1
- Q1 FY2026 revenue $226.1M, up 32.0% YoY and 5.1% sequentially, establishing a second consecutive record
- Non-GAAP gross margin 49.0%, up 510 basis points sequentially, with non-GAAP diluted EPS $0.56
AI summaries of FORM 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for FORM
Don't miss the next FORM filing
- Alerts as it files. A push when FORM files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut FORM, by share count.
- Ask anything. An AI agent that reads every FORM filing and answers with sources.
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| SLESSOR MIKE | Sell | Sep 16, 2026 | 1,000 | $105.80 |
| SLESSOR MIKE | Sell | Sep 16, 2026 | 7,773 | $105.12 |
| SLESSOR MIKE | Sell | Sep 16, 2026 | 8,737 | $104.26 |
| STEVEN-WAISS KELLEY | Sell | Sep 3, 2026 | 2,100 | $96.10 |
| SLESSOR MIKE | Sell | Aug 14, 2026 | 2,892 | $129.55 |
| SLESSOR MIKE | Sell | Aug 14, 2026 | 686 | $133.33 |
| SLESSOR MIKE | Sell | Aug 14, 2026 | 3,282 | $130.54 |
| SLESSOR MIKE | Sell | Aug 14, 2026 | 2,482 | $128.72 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $763.6M | $785.0M |
| Gross Profit | - | $307.9M | $308.9M |
| Operating Income | - | $64.8M | $57.1M |
| Net Income | - | $69.6M | $54.4M |
| Gross Margin | - | 40.3% | 39.3% |
| Op. Margin | - | 8.5% | 7.3% |
| Net Margin | - | 9.1% | 6.9% |
| Balance Sheet | |||
| Total Assets | $1.1B | $1.1B | $1.2B |
| Equity | $908.8M | $947.8M | $1.0B |
| ROE | - | 7.3% | 5.3% |
| Per Share | |||
| EPS | - | $0.89 | $0.69 |
| Cash Flow | |||
| Operating CF | - | $117.5M | $115.4M |
| CapEx | - | $38.4M | $103.7M |
Source: XBRL data in FORMFACTOR INC (FORM)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate FORM share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 34 | $5.50B |
| Q1 2026 | 32 | $3.77B |
| Q4 2025 | 29 | $2.14B |
| Q3 2025 | 28 | $1.39B |
| Q2 2025 | 29 | $1.31B |
| Q1 2025 | 25 | $727.2M |
| Q4 2024 | 21 | $951.5M |
| Q3 2024 | 19 | $473.9M |
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- BlackRock−1.76M (-14%)
- Ameriprise Financial−968.4K (-69%)
- Bank of America Corp−697.4K (-28%)
- Vanguard Portfolio Management LLC−637.8K (-11%)
- Morgan Stanley−409.0K (-31%)
- Renaissance Technologies LLC+295.6K
- Marex Group plc+4.7K
- M&T Bank+2.2K
Source: 13F-HR filings on SEC EDGAR (aggregated from 217 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
FORM filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
8-K current reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Sep 17, 2026 | - | - | - |
| 4 | Sep 4, 2026 | - | - | - |
| 4 | Aug 17, 2026 | - | - | - |
| 4 | Aug 10, 2026 | - | - | - |
| 4 | Aug 10, 2026 | - | - | - |
| 4 | Aug 7, 2026 | - | - | - |
| 4 | Aug 7, 2026 | - | - | - |
| 10-Q | Aug 4, 2026 | Jun 27, 2026 | Analysis | |
| 8-K | Jul 29, 2026 | - | Analysis | - |
| 4 | Jul 16, 2026 | - | - | - |
| 4 | Jun 16, 2026 | - | - | - |
| 4 | Jun 11, 2026 | - | - | - |
| 4 | Jun 4, 2026 | - | - | |
| 4 | Jun 4, 2026 | - | - | |
| 4 | May 22, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 4 | May 21, 2026 | - | - | |
| 8-K | May 19, 2026 | - | Analysis | |
| 4 | May 19, 2026 | - | - | |
| 4 | May 19, 2026 | - | - | |
| 4 | May 19, 2026 | - | - | |
| 4 | May 19, 2026 | - | - | |
| 4 | May 19, 2026 | - | - | |
| 4 | May 19, 2026 | - | - | |
| 4 | May 15, 2026 | - | - |
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FORM SEC filings: frequently asked questions
Are FORM insiders buying or selling?
In the last 90 days, FORMFACTOR INC (FORM) officers, directors and 10% owners reported no open-market purchases and 16 open-market sales worth $4.7 million by 2 insiders on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold FORM stock?
As of June 30, 2026, the largest FORMFACTOR INC (FORM) holders among the 13F filers tracked by SignalX were BlackRock ($1.7 billion), Vanguard Portfolio Management LLC ($838.4 million), Vanguard Capital Management LLC ($562.2 million), State Street Corp ($412.9 million), Bank of America Corp ($285.3 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was FORM's revenue in fiscal year 2025?
For the fiscal year ended December 27, 2025 (FY2025), FORMFACTOR INC (FORM) reported revenue of $785.0 million (up 2.8% from FY2024) and net income of $54.4 million. Diluted EPS was $0.69. The figures come from the XBRL data in the 10-K.
What are the main risks in FORM's latest 10-K?
In the 10-K filed February 20, 2026, FORMFACTOR INC (FORM) flagged: Regulatory risk from U.S. One Big Beautiful Bill Act (OBBBA) tax law changes increased effective tax rate to 18.7% in fiscal 2025. Geopolitical exposure to China due to trade restrictions causing decreased revenue contribution from China down to 7.4% of total revenues in fiscal 2025. (AI summary of the Risk Factors section.)
What did FORM report in its latest 8-K?
FORMFACTOR INC (FORM) filed an 8-K on July 29, 2026 reporting Item 2.02 (Results of Operations and Financial Condition). Q2 fiscal 2026 results covered quarter ended June 27, 2026.
What are the latest FORM SEC filings?
FORMFACTOR INC (FORM) filed its latest 10-K annual report on February 20, 2026, a 10-Q quarterly report on August 4, 2026, an 8-K current report on July 29, 2026 and a Form 4 insider filing on September 17, 2026.
What is FORM's SEC CIK number?
FORMFACTOR INC (FORM)'s SEC Central Index Key (CIK) is 1039399. EDGAR lists every FORM filing under that number.
Ask anything about FORM
The research agent reads FORM's filings, financials, insider trades and 13F holders, then answers with sources.