FormFactor releases investor presentation on semiconductor test, probe cards, engineering systems growth drivers

FormFactor

FormFactor

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  • FormFactor outlined a test-and-measurement growth strategy tied to AI-driven demand, rising test complexity, and wider adoption of advanced packaging.
  • Reported trailing 12-month revenue of $840 million, with 10,000+ installed probers and annual output of more than 115,000,000 MEMS probes.
  • Target model points to about $850 million revenue, with probe cards at 76% and engineering systems at 24%, against an estimated $3 billion served market.
  • Highlighted recent operating performance, including 2025 revenue of $785 million, non-GAAP gross margin of 40.7%, non-GAAP EPS of $0.73, free cash flow of $11 million.
  • Positioned engineering systems for 5%+ CAGR versus a 3% market CAGR, citing installed-base scale and a broad product portfolio.


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