Earnings ·
FormFactor reported second quarter fiscal 2026 financial results ending June 27, 2026, delivering record revenue of…
FORMFormfactor Inc
FormFactor reported second quarter fiscal 2026 financial results ending June 27, 2026, delivering record revenue of $258.2 million, a 14.2% increase from the prior quarter and a 31.9% year-over-year rise. GAAP net income reached $56.2 million, or $0.71 per diluted share, compared to $20.4 million in the first quarter of fiscal 2026. Gross margin expanded significantly to 50.7% on a GAAP basis and 53.3% on a non-GAAP basis. The company provided third-quarter revenue guidance of $270 million plus or minus $10 million, with non-GAAP net income per diluted share expected between $0.86 and $0.95. FormFactor operates in the semiconductor test and measurement industry.