FORM Q2 FY2026 earnings: EPS beat by 34.6%, revenue beat by 7.6%
FormFactor reported Q2 FY2026. EPS came in at $0.82 against a $0.61 consensus, beat by 34.6%. Revenue was $258.2M versus $240.0M expected, beat by 7.6%. Gross margin was 42.4%, down 550 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $0.82 | $0.61 | beat by 34.6% |
| Revenue | $258.2M | $240.0M | beat by 7.6% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $258.2M | +14.2% | +31.9% |
| Gross profit | $109.4M | +1.0% | +50.4% |
| Operating income | $27.3M | -42.1% | +121.9% |
| Net income | $56.2M | +175.7% | +518.6% |
| Diluted EPS | $0.70 | +169.2% | +483.3% |
| Gross margin: 42.4%. |
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The trend
Revenue is up 31.9% from the same quarter last year. Gross margin sits at 42.4%, 550 bps off its 8-quarter high.
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How it stacks up
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