Fabrinet
NYSE•FN
CEO: Mr. David T. Mitchell
Sector: Technology
Industry: Hardware, Equipment & Parts
Listing Date: 2010-06-25
Fabrinet provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services in North America, the Asia-Pacific, and Europe. The company offers a range of advanced optical and electro-mechanical capabilities in the manufacturing process, including process design and engineering, supply chain management, manufacturing, printed circuit board assembly, advanced packaging, integration, final assembly, and testing. Its products include switching products, including reconfigurable optical add-drop multiplexers, optical amplifiers, modulators, and other optical components and modules that enable network managers to route voice, video, and data communications traffic through fiber optic cables at various wavelengths, speeds, and over various distances. The company's products also comprise transceivers, tunable lasers, and transponders; and active optical cables, which provide high-speed interconnect capabilities for data centers and computing clusters, as well as Infiniband, Ethernet, fiber channel, and optical backplane connectivity. In addition, it provides solid state, diode-pumped, gas, and fiber lasers used in semiconductor processing, biotechnology and medical device, metrology, and material processing industries; and differential pressure, micro-gyro, fuel, and other sensors used in automobiles, as well as non-contact temperature measurement sensors for the medical industry. Further, the company designs and fabricates application-specific crystals, lenses, prisms, mirrors, laser components, and substrates; and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products. It serves original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, automotive components, medical devices, and sensors. The company was incorporated in 1999 and is based in George Town, the Cayman Islands.
Contact Information
Market Cap
$19.45B
P/E (TTM)
52.0
55.3
Dividend Yield
--
52W High
$632.99
52W Low
$148.55
52W Range
Rank25Top 11.9%
5.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q2 2026 Data
Revenue
$1.13B+35.90%
4-Quarter Trend
EPS
$3.15+31.25%
4-Quarter Trend
FCF
-$5.35M-105.69%
4-Quarter Trend
2026 Q2 Earnings Highlights
Key Highlights
Revenue Jumps 28.9% Six-month revenues reached $2.11B USD, marking a strong 28.9% increase driven by optical communications demand.
Net Income Rises 27.1% Six-month net income grew to $208.6M USD, reflecting strong operational leverage despite slight margin compression.
Strong Cash Position Maintained Total cash and short-term investments stand at $960.8M USD as of period end, supporting operations and liquidity.
Optical Revenue Dominates Sales Optical communications revenue comprised 74.8% of total sales for the six months ended December 26, 2025.
Risk Factors
Customer Concentration Exposure Top customers accounted for 48.9% of six-month revenues, posing significant risk from order reduction or loss.
FX Volatility Impacts Margins Thai baht depreciation against USD adversely impacts gross margins and operating results due to cost structure.
Supply Chain Material Costs Reliance on single-source suppliers for critical materials risks quality impairment, availability, and increased costs.
SG&A Expense Expected Increase Fiscal year 2026 SG&A expenses are expected to increase compared to 2025, driven by IT and employee costs.
Outlook
Manufacturing Capacity Expansion Company committed $132.5M USD for new manufacturing building construction at the Chonburi campus, ongoing in 2026.
Diversify Revenue Streams Plans focus on expanding penetration into semiconductor processing and biotechnology markets within the optics industry.
Employee Cost Increases Expected Anticipate rising employee costs in Thailand and PRC due to continued wage increases impacting profitability outlook.
Maintain Favorable Pricing Strategy Expect to maintain favorable pricing via cycle time reduction, product mix adjustment, and material cost reduction efforts.
Peer Comparison
Revenue (TTM)
$62.51B
$7.70B
$6.84B
Gross Margin (Latest Quarter)
81.9%
81.4%
79.2%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| LITE | $47.98B | 189.9 | 27.6% | 69.6% |
| FN | $19.45B | 52.0 | 18.4% | 0.2% |
| ENTG | $17.75B | 75.4 | 6.1% | 46.6% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
9.1%
Steady Growth
4Q Net Income CAGR
11.5%
Profitability Improving
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:May 4, 2026
EPS:$3.58
|Revenue:$1.18B
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data