FORMFACTOR INC
Close on Oct 19, 2026
- Market cap
- $8.77B
- P/E (TTM)
- 75.5
- Dividend yield
- –
About Formfactor
Semiconductors & Related Devices, SIC 3674
FormFactor, Inc. provides electrical and optical test and measurement technologies spanning the semiconductor product lifecycle. The company designs, manufactures, and services test systems through two reportable segments: Probe Cards and Systems. Its product portfolio includes customized probe cards, analytical probes, probe stations, thermal systems, and precision cryogenic systems. Customers include semiconductor integrated device manufacturers, foundries, fabless suppliers, and scientific institutions across logic, dynamic random-access memory, flash memory, display, sensor, and quantum computing markets.
The company operates globally with direct sales offices across North America, Europe, and Asia, complemented by third-party distributors and sales representatives. Primary manufacturing facilities are situated in Livermore, California; Beaverton, Oregon; and Boulder, Colorado in the United States, as well as Thiendorf, Munich, and Karlsruhe in Germany, with additional manufacturing in Yokohama, Japan. FormFactor maintains customer repair and service centers in the United States, Germany, South Korea, Japan, Taiwan, and Singapore, and is headquartered in Livermore, California.
Summary of the business section of Formfactor's latest annual report, written by StockData.
Company profile
Company
- Legal name
- FORMFACTOR INC
- Founded
- 1993
- Headquarters
- Livermore, CA
- Address
- 7005 Southfront Road 94551
- Phone
- (925) 290-4000
- Website
- formfactor.com
- Employees
- 2,153, Dec 27, 2025
- Industry
- Semiconductors & Related Devices
- Incorporated in
- Delaware
- Fiscal year ends
- December 26
- Auditor
- KPMG LLP, Portland, Oregon
Stock & identifiers
- Ticker
- FORM
- Exchange
- Nasdaq
- IPO date
- Nov 5, 2003
- Shares outstanding
- 78M, Jul 29, 2026
- Public float
- $1.91B, Jun 29, 2024
- Filer category
- Large accelerated filer
- SEC CIK
- 1039399
- CUSIP
- 346375108
- ISIN
- US3463751087
- LEI
- 549300YCEEO6SZD1ZR61
- EIN
- 13-3711155
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Mike Slessor | CEO, Director | 467,694 |
| Aric Brendan McKinnis | CFO, SVP Global Finance | 14,426 |
| Shai Shahar | CFO, SVP Global Finance | 57,610 |
| Kelley Steven-Waiss | Director | 24,426 |
| Dennis Thomas St | Director | 74,333 |
| Sheri Rhodes | Director | 5,375 |
| Rebeca Obregon-Jimenez | Director | 7,875 |
| Brian C. White | Director | 8,653 |
| Jorge Titinger | Director | 14,836 |
| Kevin J. Brewer | Director | 8,105 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Michael D. Slessor | $5.48M | $12.86M | $1.56M | $136 | $201 |
| FY2024 Michael D. Slessor | $5.30M | $8.15M | $1.96M | $108 | $156 |
| FY2023 Michael D. Slessor | $6.73M | $13.48M | $2.73M | $98 | $136 |
| FY2022 Michael D. Slessor | $5.11M | -$2.44M | $1.99M | $52 | $101 |
| FY2021 Michael D. Slessor | $5.23M | $2.79M | $2.08M | $105 | $144 |
| FY2020 Michael D. Slessor | $4.59M | $13.46M | $2.06M | $164 | $162 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 27, 2025, we had 2,153 regular full-time employees, including 1,298 in operations, 422 in research and development, 235 in sales and marketing and 198 in general and administrative functions.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 15, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 28, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 1, 2016 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Apr 8, 2013 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Dec 21, 2012 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Oct 17, 2012 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 9, 2007 | Late filing | Notification of late filing |
| Mar 11, 2005 | Late filing | Notification of late filing |
| Nov 18, 2004 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Nov 5, 2003 | IPO | Initial public offering priced (424B4 prospectus) |