Fabrinet logo

Fabrinet

FN

NYSETechnologyHardware, Equipment & Parts

Previous close

$436.67

−$8.20 · -1.84%

Aug 21, 4:00 PM ET

FN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

54

Fair Value

Momentum

22

Weakening

Sentiment

55

Mixed

Risk resilience

41

Elevated Risk

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Company profile

Company website

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, 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.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
KY
CEO
Seamus Grady
Listed since
Jun 22, 2010
Employees
21,521

Market position

Day range

Current $436.67

52-week range

Current $436.67

Open
$449.69
Previous close
$444.87
Volume
1.13M
1.18× average
Average volume
956.92K
Average daily volume
Market cap
15.65B USD
Beta
1.22
Market reference 1
50-day average
$517.85
-15.68% below average
200-day average
$537.62
-18.78% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
18.45B USD
P/E (TTM)
33.06×
P/B (TTM)
6.37×
P/S (TTM)
3.37×
EV / EBITDA
33.24×
Earnings yield
2.52%
Free cash flow yield
0.02%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
11.99%
Operating margin
9.97%
Net margin
10.19%
Return on equity
19.27%
Return on assets
12.09%
Return on invested capital
15.72%

Financial health

Debt / equity
Current ratio
2.25×
Altman Z-score
9.56
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends13%12%10%8%Gross margin, FY2022: 12.32%Gross margin, FY2023: 12.71%Gross margin, FY2024: 12.35%Gross margin, FY2025: 12.09%Gross margin, FY2026: 11.99%Operating margin, FY2022: 9.04%Operating margin, FY2023: 9.52%Operating margin, FY2024: 9.63%Operating margin, FY2025: 9.49%Operating margin, FY2026: 9.97%Net margin, FY2022: 8.86%Net margin, FY2023: 9.37%Net margin, FY2024: 10.27%Net margin, FY2025: 9.72%Net margin, FY2026: 10.19%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 12.32%. Gross margin FY2023 12.71%. Gross margin FY2024 12.35%. Gross margin FY2025 12.09%. Gross margin FY2026 11.99%. Operating margin FY2022 9.04%. Operating margin FY2023 9.52%. Operating margin FY2024 9.63%. Operating margin FY2025 9.49%. Operating margin FY2026 9.97%. Net margin FY2022 8.86%. Net margin FY2023 9.37%. Net margin FY2024 10.27%. Net margin FY2025 9.72%. Net margin FY2026 10.19%.

Income trends

Revenue

4.64B USD+35.73%

Operating income

462.89M USD+42.67%

Net income

473.03M USD+42.25%
Income trends across reported periods5.09B USD3.31B USD1.53B USD−243.69M USDRevenue, FY2022: 2.26B USDRevenue, FY2023: 2.65B USDRevenue, FY2024: 2.88B USDRevenue, FY2025: 3.42B USDRevenue, FY2026: 4.64B USDOperating income, FY2022: 204.52M USDOperating income, FY2023: 251.7M USDOperating income, FY2024: 277.61M USDOperating income, FY2025: 324.45M USDOperating income, FY2026: 462.89M USDNet income, FY2022: 200.38M USDNet income, FY2023: 247.91M USDNet income, FY2024: 296.18M USDNet income, FY2025: 332.53M USDNet income, FY2026: 473.03M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 2.26B USD. Revenue FY2023 2.65B USD. Revenue FY2024 2.88B USD. Revenue FY2025 3.42B USD. Revenue FY2026 4.64B USD. Operating income FY2022 204.52M USD. Operating income FY2023 251.7M USD. Operating income FY2024 277.61M USD. Operating income FY2025 324.45M USD. Operating income FY2026 462.89M USD. Net income FY2022 200.38M USD. Net income FY2023 247.91M USD. Net income FY2024 296.18M USD. Net income FY2025 332.53M USD. Net income FY2026 473.03M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue4.64B USD3.42B USD2.88B USD2.65B USD2.26B USD
Cost of goods sold4.08B USD3.01B USD2.53B USD2.31B USD1.98B USD
Gross profit556.51M USD413.35M USD356.12M USD336.27M USD278.59M USD
Selling, general, and administrative93.51M USD87.47M USD78.12M USD77.67M USD73.94M USD
Operating expenses93.62M USD88.9M USD78.51M USD84.57M USD74.08M USD
Interest income32.42M USD40.16M USD33.2M USD11.23M USD2.21M USD
Interest expense84K USD124K USD1.47M USD432K USD
Depreciation and amortization53.43M USD49.02M USD43.83M USD38.74M USD
Operating income462.89M USD324.45M USD277.61M USD251.7M USD204.52M USD
Net income473.03M USD332.53M USD296.18M USD247.91M USD200.38M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+4.40%
11 comparable reports
Latest EPS result
4.1
Estimate 3.81 · Beat by 7.61%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates4.363.672.992.3Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 3, 2025: actual 2.61, estimate 2.51, surprise +3.98%, Beat. Q2 2025, reported May 5, 2025: actual 2.52, estimate 2.47, surprise +2.02%, Beat. Q3 2025, reported Aug 18, 2025: actual 2.65, estimate 2.64, surprise +0.38%, Beat. Q4 2025, reported Nov 3, 2025: actual 2.92, estimate 2.82, surprise +3.55%, Beat. Q1 2026, reported Feb 2, 2026: actual 3.36, estimate 3.26, surprise +3.07%, Beat. Q2 2026, reported May 4, 2026: actual 3.72, estimate 3.56, surprise +4.49%, Beat. Q3 2026, reported Aug 17, 2026: actual 4.1, estimate 3.81, surprise +7.61%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 4.19, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.46B1.23B1B777.51MQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 3, 2025: actual 833.61M USD, estimate 859.76M USD, surprise -3.04%, Miss. Q2 2025, reported May 5, 2025: actual 871.8M USD, estimate 855.66M USD, surprise +1.89%, Beat. Q3 2025, reported Aug 18, 2025: actual 909.69M USD, estimate 883.06M USD, surprise +3.02%, Beat. Q4 2025, reported Nov 3, 2025: actual 978.13M USD, estimate 934.42M USD, surprise +4.68%, Beat. Q1 2026, reported Feb 2, 2026: actual 1.13B USD, estimate 1.08B USD, surprise +5.18%, Beat. Q2 2026, reported May 4, 2026: actual 1.21B USD, estimate 1.19B USD, surprise +2.22%, Beat. Q3 2026, reported Aug 17, 2026: actual 1.32B USD, estimate 1.28B USD, surprise +3.10%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 1.4B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$769.5

76.22% upside
Past 12 months12-month forecast

Price history unavailable

High $800Average $769.5Low $739

Rating distribution

24 ratings
Strong buy00%
Buy1875%
Hold625%
Sell00%
Strong sell00%

Recent analyst actions

7 institutions
SusquehannamaintainPositive

FN news

FN peers

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