# FORMFACTOR INC

Summary updated: 2026-10-02T13:04:40.45945Z
Canonical: https://finbar.com/research/companies/formfactor-inc

## Overview

FormFactor Inc. is a semiconductor test-and-measurement technology company serving semiconductor manufacturers and scientific institutions. Its products support chip research, development, qualification, and production testing across the semiconductor lifecycle. Its two core businesses are Probe Cards, including probe cards and analytical probes, and Systems, including probe stations, thermal systems, and cryogenic systems. [1](https://app.finbar.com/go?id=P91784312)[2](https://app.finbar.com/go?id=P86326051)[3](https://app.finbar.com/go?id=P22069624)

For fiscal 2025, FormFactor reported revenue of $785.0 million. [4](https://app.finbar.com/go?id=T7994496) The company operates across the United States, Germany, Taiwan, Singapore, South Korea, and Japan, with activities including manufacturing, design, research and development, sales, and service. [5](https://app.finbar.com/go?id=T2125318) FormFactor’s website states its mission is to enable customers to “revolutionize semiconductors with advanced packaging” and lists 2,300 employees. [6](https://www.formfactor.com/company/about-us/) Founded in 1993, the company introduced its first product in 1995. [7](https://app.finbar.com/go?id=P84831012)
[1](https://app.finbar.com/go?id=P91784312)[2](https://app.finbar.com/go?id=P86326051)[3](https://app.finbar.com/go?id=P22069624)[4](https://app.finbar.com/go?id=T7994496)[5](https://app.finbar.com/go?id=T2125318)[7](https://app.finbar.com/go?id=P84831012)[6](https://www.formfactor.com/company/about-us/)

## Products & services

FormFactor’s principal products include custom probe cards used to electrically test semiconductor wafers. Its MEMS-based designs use resilient, micron-scale contacts for pads, bumps, through-silicon vias and copper pillars, and are engineered for customer-specific wafer layouts and high test-cycle counts. Product applications include advanced logic and systems-on-chip, DRAM and HBM, RF and mixed-signal devices, image sensors, flash memory, co-packaged optics and quantum processors. Named offerings include TrueScale for advanced wire-bond logic/SoC testing, SmartMatrix for DRAM/HBM wafer testing and the HFTAP Series for high-frequency DRAM testing; FormFactor lists HFTAP capability up to 3.2 GHz / 6.4 Gbps. [8](https://app.finbar.com/go?id=P47388402)[9](https://app.finbar.com/go?id=P38647821)[10](https://www.formfactor.com/product/probe-cards/foundry-logic/truescale/)[11](https://www.formfactor.com/product/probe-cards/dram/smartmatrix/)[12](https://www.formfactor.com/product/probe-cards/dram/hftap-series/)
[8](https://app.finbar.com/go?id=P47388402)[9](https://app.finbar.com/go?id=P38647821)[10](https://www.formfactor.com/product/probe-cards/foundry-logic/truescale/)[11](https://www.formfactor.com/product/probe-cards/dram/smartmatrix/)[12](https://www.formfactor.com/product/probe-cards/dram/hftap-series/)

## Geographic presence

FormFactor’s fiscal 2025 revenue was shipped primarily to South Korea (30.3%), Taiwan (25.8%) and the United States (19.4%). Other reported destinations were China (7.4%), Japan (5.5%), Singapore (4.2%), Europe (3.7%), Malaysia (2.4%) and Rest of World (1.3%). The geographic breakdown is based on product ship-to location, rather than customer headquarters. [13](https://app.finbar.com/go?id=P41155426)[14](https://app.finbar.com/go?id=T1562734) As of December 27, 2025, the company had 2,153 regular full-time employees: 1,553 in North America, 325 in Asia and 275 in Europe. [15](https://app.finbar.com/go?id=P22917101)

The company’s property schedule lists facilities in the United States, Germany, Taiwan, Singapore, South Korea and Japan; its operations also include sales, service and support in France and Italy. [5](https://app.finbar.com/go?id=T2125318)[16](https://app.finbar.com/go?id=P116153539) U.S. design, development and manufacturing sites include Livermore, Carlsbad and Baldwin Park, California; Beaverton, Oregon; and Boulder, Colorado. The company identifies Livermore and Beaverton as primary probe-card and analytical-probe manufacturing locations. [16](https://app.finbar.com/go?id=P116153539)[17](https://app.finbar.com/go?id=P81508388) Its headquarters is in Livermore, California. [18](https://app.finbar.com/go?id=T6496550)
[13](https://app.finbar.com/go?id=P41155426)[14](https://app.finbar.com/go?id=T1562734)[14](https://app.finbar.com/go?id=T1562734)[14](https://app.finbar.com/go?id=T1562734)[14](https://app.finbar.com/go?id=T1562734)[14](https://app.finbar.com/go?id=T1562734)[14](https://app.finbar.com/go?id=T1562734)[14](https://app.finbar.com/go?id=T1562734)[14](https://app.finbar.com/go?id=T1562734)[14](https://app.finbar.com/go?id=T1562734)[15](https://app.finbar.com/go?id=P22917101)[5](https://app.finbar.com/go?id=T2125318)[16](https://app.finbar.com/go?id=P116153539)[17](https://app.finbar.com/go?id=P81508388)[18](https://app.finbar.com/go?id=T6496550)

## Business segments

FormFactor reports two business segments. In FY2025, Probe Cards generated approximately $637.9 million, or 81.3% of total revenue. The segment includes customized probe cards for testing semiconductor devices and analytical probes used for characterization, simulation-model development, failure analysis, and prototype debugging. [4](https://app.finbar.com/go?id=T7994496)[2](https://app.finbar.com/go?id=P86326051)[19](https://app.finbar.com/go?id=P11421556)[9](https://app.finbar.com/go?id=P38647821)[20](https://app.finbar.com/go?id=P76468813)
[4](https://app.finbar.com/go?id=T7994496)[4](https://app.finbar.com/go?id=T7994496)[2](https://app.finbar.com/go?id=P86326051)[19](https://app.finbar.com/go?id=P11421556)[9](https://app.finbar.com/go?id=P38647821)[20](https://app.finbar.com/go?id=P76468813)

## Company history

FormFactor was incorporated in Delaware in 1993. Founder Igor Khandros began developing semiconductor products in a small New York laboratory, and the company shipped its first MicroSpring probe cards in 1994. [21](https://app.finbar.com/go?id=P186745856)[22](https://www.formfactor.com/company/our-history/)

The company went public on Nasdaq in 2003. It expanded its probe-card business with the 2012 acquisition of MicroProbe, then significantly broadened its wafer-probing and test-systems capabilities through the 2016 acquisition of Cascade Microtech. [23](https://www.formfactor.com/press-release/formfactor-inc-announces-initial-public-offering/)[24](https://www.formfactor.com/press-release/formfactor-inc-completes-acquisition-of-microprobe-inc/)[25](https://app.finbar.com/go?id=P189207683)

FormFactor acquired German metrology company FRT in 2019 and sold the business in 2023. In 2024, it sold its China operations to Grand Junction Semiconductor. In December 2025, it acquired Keystone Photonics, extending its silicon-photonics test capabilities. [26](https://www.formfactor.com/press-release/formfactor-acquires-frt-gmbh/)[27](https://app.finbar.com/go?id=P59436133)[28](https://app.finbar.com/go?id=P79795140)[29](https://app.finbar.com/go?id=P81859996)[30](https://app.finbar.com/go?id=P42812732)[31](https://app.finbar.com/go?id=P5105641)[32](https://www.formfactor.com/press-release/formfactor-expands-silicon-photonics-test-capabilities-with-acquisition-of-keystone-photonics/)
[21](https://app.finbar.com/go?id=P186745856)[22](https://www.formfactor.com/company/our-history/)[23](https://www.formfactor.com/press-release/formfactor-inc-announces-initial-public-offering/)[24](https://www.formfactor.com/press-release/formfactor-inc-completes-acquisition-of-microprobe-inc/)[25](https://app.finbar.com/go?id=P189207683)[26](https://www.formfactor.com/press-release/formfactor-acquires-frt-gmbh/)[27](https://app.finbar.com/go?id=P59436133)[28](https://app.finbar.com/go?id=P79795140)[29](https://app.finbar.com/go?id=P81859996)[30](https://app.finbar.com/go?id=P42812732)[31](https://app.finbar.com/go?id=P5105641)[32](https://www.formfactor.com/press-release/formfactor-expands-silicon-photonics-test-capabilities-with-acquisition-of-keystone-photonics/)[22](https://www.formfactor.com/company/our-history/)[23](https://www.formfactor.com/press-release/formfactor-inc-announces-initial-public-offering/)[24](https://www.formfactor.com/press-release/formfactor-inc-completes-acquisition-of-microprobe-inc/)[26](https://www.formfactor.com/press-release/formfactor-acquires-frt-gmbh/)[32](https://www.formfactor.com/press-release/formfactor-expands-silicon-photonics-test-capabilities-with-acquisition-of-keystone-photonics/)

## Sources

1. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P91784312)
2. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P86326051)
3. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P22069624)
4. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=T7994496)
5. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=T2125318)
6. [www.formfactor.com](https://www.formfactor.com/company/about-us/)
7. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P84831012)
8. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P47388402)
9. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P38647821)
10. [www.formfactor.com](https://www.formfactor.com/product/probe-cards/foundry-logic/truescale/)
11. [www.formfactor.com](https://www.formfactor.com/product/probe-cards/dram/smartmatrix/)
12. [www.formfactor.com](https://www.formfactor.com/product/probe-cards/dram/hftap-series/)
13. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P41155426)
14. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=T1562734)
15. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P22917101)
16. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P116153539)
17. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P81508388)
18. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=T6496550)
19. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P11421556)
20. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P76468813)
21. [FORMFACTOR INC — Full financial report (2017 Y)](https://app.finbar.com/go?id=P186745856)
22. [www.formfactor.com](https://www.formfactor.com/company/our-history/)
23. [www.formfactor.com](https://www.formfactor.com/press-release/formfactor-inc-announces-initial-public-offering/)
24. [www.formfactor.com](https://www.formfactor.com/press-release/formfactor-inc-completes-acquisition-of-microprobe-inc/)
25. [FORMFACTOR INC — Full financial report (2016 Y)](https://app.finbar.com/go?id=P189207683)
26. [www.formfactor.com](https://www.formfactor.com/press-release/formfactor-acquires-frt-gmbh/)
27. [FORMFACTOR INC — Full financial report (2023 Y)](https://app.finbar.com/go?id=P59436133)
28. [FORMFACTOR INC — Full financial report (2023 Y)](https://app.finbar.com/go?id=P79795140)
29. [FORMFACTOR INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P81859996)
30. [FORMFACTOR INC — Full financial report (2024 Y)](https://app.finbar.com/go?id=P42812732)
31. [FORMFACTOR INC — Full financial report (2025 Y)](https://app.finbar.com/go?id=P5105641)
32. [www.formfactor.com](https://www.formfactor.com/press-release/formfactor-expands-silicon-photonics-test-capabilities-with-acquisition-of-keystone-photonics/)

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