FORMFORMFACTOR INC
Semiconductors & Related Devices
- Revenue
- $785M
- 2.8% YoY
- Operating margin
- 7.3%
- 14% YoY
- EBITDA
- $95M
- 3.1% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -1.0×
- −$98M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear212% of net incomeCash flow under 80% of net income
- Dilutive SBCClear5% of revenueOver 10% of revenue
- Payouts exceed cash flowClear23% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear16% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $770M | $748M | $663M | $764M | $785M | 2.8% |
| Operating income | $98M | $55M | $83M | $65M | $57M | 12% |
| Net income | $84M | $51M | $82M | $70M | $54M | 22% |
| Operating cash flow | $139M | $132M | $65M | $118M | $115M | 1.8% |
| Capex | $66M | $65M | $56M | $38M | $104M | 170% |
| Stock-based comp | $29M | $31M | $39M | $40M | $39M | 3.0% |
| Buybacks | $24M | $82M | $20M | $53M | $26M | 51% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $4M · 8
- Net
- −$4M
Pay vs performance
No pay-versus-performance disclosure yet.