Here are the 10-K annual reports from FormFactor Inc. (FORM) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow FORM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FORM filings page.
FormFactor, Inc. files its annual report describing a global semiconductor test and measurement business built around probe cards, analytical probes, probe stations, thermal and cryogenic systems, and related services. The company operates in two segments: Probe Cards and Systems.
FormFactor highlights heavy customer and geographic concentration: one customer contributed 22.9% of fiscal 2025 revenues, international sales were 81% of revenues in 2025, and revenue from customers in China was 7% in 2025, down from 14% in each of the prior two years. The company reports 2,153 full-time employees across North America, Asia and Europe and notes significant manufacturing expansion and consolidation, including a new facility in Farmers Branch, Texas and planned closure of Carlsbad and Baldwin Park, California sites by the end of fiscal 2026.
The filing emphasizes numerous risks: intense competition, semiconductor cyclicality, reliance on a small number of major customers, complex global supply chains, export controls (notably involving China), evolving data privacy and AI-related technology risks, ESG expectations, and potential restructuring and impairment charges.