FormFactor Q1 revenue hits record $226.1 million, up 32% from a year earlier
FormFactor reported first-quarter fiscal 2026 revenue of $226.1 million, a company record and up 5.1% from the prior quarter. Non-GAAP earnings per share were $0.56, above the company's outlook range, but GAAP net income fell from the prior quarter, partly due to $21.5 million in restructuring charges in gross profit. The company expects second-quarter revenue of $240 million, plus or minus $5 million, and non-GAAP EPS of $0.61, plus or minus $0.04.
Key points
- Q1 revenue $226.1 million, up 5.1% from Q4 fiscal 2025 and up 32.0% from Q1 fiscal 2025
- GAAP net income $20.4 million, or $0.26 per diluted share, down from $23.2 million, or $0.29, in Q4 fiscal 2025
- Non-GAAP net income $44.5 million, or $0.56 per diluted share, up from $0.46 in Q4 fiscal 2025
- Q2 outlook: revenue $240 million +/- $5 million; non-GAAP EPS $0.61 +/- $0.04
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.