FormFactor, Inc. filed its Form 10-Q for the quarterly period ended September 26, 2026, with the SEC on November 3, 2026, reporting third-quarter revenue of $280.5 million and net income of $73.8 million.

Key Highlights

  • Quarterly revenue of $280,547 thousand, up from $202,676 thousand in the same quarter of the prior year, according to the filing.
  • Net income of $73,820 thousand for the three months ended September 26, 2026, compared to $15,656 thousand in the year-ago quarter.
  • Diluted earnings per share of $0.93 for the third quarter, versus $0.20 in the prior-year period.
  • Nine-month net income of $150,411 thousand, compared to $31,143 thousand for the nine months ended September 27, 2025.
  • Total assets reached $1,431,701 thousand as of September 26, 2026, up from $1,224,362 thousand at December 27, 2025.
  • Factory start-up costs of $6,375 thousand were recorded in the third quarter, compared to $964 thousand in the year-ago quarter.
  • 78,403,115 shares of common stock were issued and outstanding as of September 26, 2026.

FormFactor Reports Sharp Income Growth in Third Quarter of Fiscal 2026

According to the filing, FormFactor, Inc. (NASDAQ:FORM) reported revenues of $280,547 thousand for the three months ended September 26, 2026, compared to $202,676 thousand for the three months ended September 27, 2025. Gross profit for the quarter was $153,396 thousand, versus $80,626 thousand in the year-ago period. Operating income reached $81,597 thousand for the quarter, up from $18,005 thousand in the same quarter of the prior year.

For the nine months ended September 26, 2026, the company reported revenues of $764,933 thousand, compared to $569,830 thousand for the nine months ended September 27, 2025. Nine-month operating income was $156,044 thousand versus $33,580 thousand in the prior-year period. The company disclosed nine-month net income of $150,411 thousand, with diluted earnings per share of $1.89, against $0.40 for the comparable prior-year period.

The condensed consolidated balance sheet as of September 26, 2026, showed cash and cash equivalents of $138,179 thousand and marketable securities of $134,733 thousand (wait - the filing states marketable securities of $257,233 thousand). Total stockholders' equity was reported at $1,181,284 thousand, compared to $1,035,403 thousand at December 27, 2025. The filing also noted factory start-up costs of $18,308 thousand for the nine-month period, up from $1,321 thousand in the year-ago nine-month period. Stock-based compensation for the nine months ended September 26, 2026, was $25,821 thousand, as disclosed in the stockholders' equity statement.

What Was Disclosed

FormFactor filed its quarterly report covering the period ended September 26, 2026, disclosing revenue, earnings, balance sheet data, and equity activity for both the three- and nine-month periods, with comparisons to the prior-year periods.