NYSE : FN
Fabrinet — Financial statements
Technology · Electronic Components · Cayman Islands
Last price 348.68 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 12.49B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Fabrinet (FN) reported revenue of 4.64B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 4.64B | 4.64B | 3.42B | 2.88B | 2.65B | 2.26B |
| Cost of Revenue | 4.08B | 4.08B | 3.01B | 2.53B | 2.31B | 1.98B |
| Gross Profit | 556.51M | 556.51M | 413.35M | 356.12M | 336.27M | 278.59M |
| Selling, General & Admin | 93.25M | 93.25M | 87.59M | 78.48M | 77.67M | 73.94M |
| Operating Expenses | 93.25M | 93.25M | 87.59M | 78.48M | 77.67M | 73.94M |
| Operating Income | 463.26M | 463.26M | 325.76M | 277.64M | 258.60M | 204.65M |
| Interest Expense | -84.00K | -84.00K | -124.00K | -1.47M | -432.00K | |
| Interest & Investment Income | 32.42M | 32.42M | 40.16M | 33.20M | 11.23M | 2.21M |
| Currency Exchange Gain (Loss) | 2.61M | 2.61M | -9.13M | 382.00K | -1.21M | 2.30M |
| Other Non Operating Income (Expenses) | 56.33M | 56.33M | -248.00K | 349.00K | -1.67M | -1.61M |
| EBT Excluding Unusual Items | 554.54M | 554.54M | 356.55M | 311.45M | 265.49M | 207.11M |
| Merger & Restructuring Charges | -117.00K | -117.00K | -1.44M | -32.00K | -6.90M | -135.00K |
| Gain (Loss) on Sale of Investments | -13.00K | |||||
| Gain (Loss) on Sale of Assets | 693.00K | 693.00K | 70.00K | -62.00K | 1.51M | |
| Pretax Income | 555.11M | 555.11M | 355.18M | 311.35M | 260.10M | 206.97M |
| Income Tax Expense | 82.09M | 82.09M | 22.65M | 15.17M | 12.18M | 6.59M |
| Net Income | 473.03M | 473.03M | 332.53M | 296.18M | 247.91M | 200.38M |
| Net Income to Common | 473.03M | 473.03M | 332.53M | 296.18M | 247.91M | 200.38M |
| Shares Outstanding (Basic) | 35.81M | 35.81M | 36.02M | 36.25M | 36.52M | 36.88M |
| Shares Outstanding (Diluted) | 36.25M | 36.25M | 36.27M | 36.56M | 36.85M | 37.39M |
| EPS (Basic) | 13.21 | 13.21 | 9.23 | 8.17 | 6.79 | 5.43 |
| EPS (Diluted) | 13.05 | 13.05 | 9.17 | 8.10 | 6.73 | 5.36 |
| Free Cash Flow | 4.22M | 4.22M | 207.29M | 365.62M | 151.95M | 34.66M |
| Free Cash Flow Per Share | 0.12 | 0.12 | 5.72 | 10.00 | 4.12 | 0.93 |
| Gross Margin | 11.99% | 11.99% | 12.09% | 12.35% | 12.71% | 12.31% |
| Operating Margin | 9.98% | 9.98% | 9.53% | 9.63% | 9.78% | 9.05% |
| Profit Margin | 10.19% | 10.19% | 9.72% | 10.27% | 9.37% | 8.86% |
| Free Cash Flow Margin | 0.09% | 0.09% | 6.06% | 12.68% | 5.74% | 1.53% |
| EBITDA | 530.73M | 530.73M | 378.29M | 325.65M | 301.13M | 243.39M |
| EBITDA Margin | 11.43% | 11.43% | 11.06% | 11.30% | 11.38% | 10.76% |
| D&A For EBITDA | 67.47M | 67.47M | 52.53M | 48.02M | 42.53M | 38.74M |
| EBIT | 463.26M | 463.26M | 325.76M | 277.64M | 258.60M | 204.65M |
| EBIT Margin | 9.98% | 9.98% | 9.53% | 9.63% | 9.78% | 9.05% |
| Effective Tax Rate | 14.79% | 14.79% | 6.38% | 4.87% | 4.68% | 3.18% |
Balance sheet
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 346.71M | 346.71M | 306.43M | 409.97M | 231.37M | 198.00M |
| Short-Term Investments | 528.34M | 528.34M | 627.82M | 448.63M | 319.10M | 280.16M |
| Trading Asset Securities | 110.00K | |||||
| Cash & Short-Term Investments | 875.05M | 875.05M | 934.24M | 858.60M | 550.47M | 478.26M |
| Accounts Receivable | 1.02B | 1.02B | 758.89M | 592.45M | 531.77M | 452.67M |
| Receivables | 1.02B | 1.02B | 758.89M | 592.45M | 531.77M | 452.67M |
| Inventory | 1.02B | 1.02B | 581.01M | 463.21M | 519.58M | 557.14M |
| Prepaid Expenses | 49.91M | 49.91M | 38.48M | 10.62M | 7.85M | 11.63M |
| Restricted Cash | 220.00K | |||||
| Other Current Assets | 195.57M | 195.57M | 116.21M | 87.81M | 42.88M | 25.25M |
| Total Current Assets | 3.16B | 3.16B | 2.43B | 2.01B | 1.65B | 1.53B |
| Property, Plant & Equipment | 619.04M | 619.04M | 386.41M | 312.58M | 311.98M | 296.36M |
| Long-Term Investments | 89.10M | 89.10M | ||||
| Other Intangible Assets | 2.46M | 2.46M | 2.16M | 2.32M | 2.39M | 3.51M |
| Long-Term Deferred Tax Assets | 19.23M | 19.23M | 13.41M | 10.45M | 12.10M | 9.80M |
| Other Long-Term Assets | 21.42M | 21.42M | 623.00K | 485.00K | 635.00K | 801.00K |
| Total Assets | 3.91B | 3.91B | 2.83B | 2.34B | 1.98B | 1.84B |
| Accounts Payable | 1.01B | 1.01B | 637.42M | 441.83M | 381.13M | 439.68M |
| Accrued Expenses | 79.63M | 79.63M | 55.09M | 39.79M | 44.20M | 37.79M |
| Current Portion of Long-Term Debt | 12.16M | 12.16M | ||||
| Current Portion of Leases | 1.19M | 1.19M | 1.79M | 1.35M | 1.20M | 2.32M |
| Current Income Taxes Payable | 63.47M | 63.47M | 7.94M | 3.94M | 6.02M | 2.90M |
| Current Unearned Revenue | 4.24M | 4.24M | 14.47M | 7.85M | 3.04M | 1.98M |
| Other Current Liabilities | 248.34M | 248.34M | 93.14M | 63.18M | 34.14M | 41.66M |
| Total Current Liabilities | 1.40B | 1.40B | 809.84M | 557.94M | 481.88M | 538.49M |
| Long-Term Debt | 15.20M | |||||
| Long-Term Leases | 2.82M | 2.82M | 3.68M | 3.63M | 66.00K | 1.48M |
| Pension & Post-Retirement Benefits | 31.78M | 31.78M | 31.23M | 24.09M | 22.16M | 18.38M |
| Long-Term Deferred Tax Liabilities | 1.65M | 1.65M | 1.59M | 4.89M | 4.80M | 6.00M |
| Other Long-Term Liabilities | 17.83M | 17.83M | 3.28M | 2.21M | 2.08M | 2.41M |
| Total Liabilities | 1.46B | 1.46B | 849.62M | 592.77M | 510.99M | 581.96M |
| Common Stock | 397.00K | 397.00K | 396.00K | 395.00K | 393.00K | 390.00K |
| Additional Paid-In Capital | 251.85M | 251.85M | 237.88M | 222.04M | 206.62M | 196.67M |
| Retained Earnings | 2.57B | 2.57B | 2.09B | 1.76B | 1.46B | 1.22B |
| Treasury Stock | -365.29M | -365.29M | -360.06M | -234.32M | -194.83M | -147.26M |
| Comprehensive Income & Other | 968.00K | 968.00K | 10.29M | -3.14M | -8.12M | -12.79M |
| Shareholders' Equity | 2.45B | 2.45B | 1.98B | 1.75B | 1.47B | 1.25B |
| Total Liabilities & Equity | 3.91B | 3.91B | 2.83B | 2.34B | 1.98B | 1.84B |
| Total Debt | 4.01M | 4.01M | 5.47M | 4.99M | 13.42M | 31.15M |
| Net Cash (Debt) | 871.04M | 871.04M | 928.77M | 853.61M | 537.04M | 447.11M |
| Net Cash Per Share | 24.03 | 24.03 | 25.61 | 23.35 | 14.57 | 11.96 |
| Filing Date Shares Outstanding | 35.83M | 35.83M | 35.73M | 36.15M | 36.19M | 36.45M |
| Total Common Shares Outstanding | 35.83M | 35.83M | 35.73M | 36.15M | 36.18M | 36.44M |
| Working Capital | 1.76B | 1.76B | 1.62B | 1.45B | 1.17B | 986.68M |
| Book Value Per Share | 68.49 | 68.49 | 55.47 | 48.30 | 40.59 | 34.41 |
| Tangible Book Value | 2.45B | 2.45B | 1.98B | 1.74B | 1.47B | 1.25B |
| Tangible Book Value Per Share | 68.42 | 68.42 | 55.41 | 48.23 | 40.52 | 34.31 |
| Land | 68.67M | 68.67M | 61.53M | 61.30M | 60.42M | 58.49M |
| Buildings | 330.84M | 330.84M | 222.64M | 208.73M | 200.04M | 201.40M |
| Machinery | 560.42M | 560.42M | 412.46M | 351.84M | 321.21M | 284.11M |
| Construction In Progress | 82.01M | 82.01M | 51.05M | 12.24M | 15.45M | 7.96M |
Cash flow statement
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 473.03M | 473.03M | 332.53M | 296.18M | 247.91M | 200.38M |
| Depreciation & Amortization | 67.47M | 67.47M | 52.53M | 48.02M | 42.53M | 38.74M |
| Other Amortization | 900.00K | 900.00K | 900.00K | 1.00M | 1.30M | |
| Loss (Gain) From Sale of Assets | -693.00K | -693.00K | -70.00K | 62.00K | -1.51M | -101.00K |
| Asset Writedown & Restructuring Costs | 2.20M | |||||
| Loss (Gain) From Sale of Investments | -61.47M | -61.47M | -4.56M | -3.62M | -307.00K | 2.77M |
| Stock-Based Compensation | 34.63M | 34.63M | 33.00M | 28.37M | 28.13M | 28.05M |
| Provision & Write-off of Bad Debts | -294.00K | -294.00K | -285.00K | 664.00K | -307.00K | 1.17M |
| Other Operating Activities | 3.05M | 3.05M | 3.48M | 1.13M | -2.58M | -1.60M |
| Change in Accounts Receivable | -259.26M | -259.26M | -165.66M | -61.28M | -76.92M | -105.55M |
| Change in Inventory | -442.90M | -442.90M | -117.81M | 56.37M | 37.45M | -135.01M |
| Change in Accounts Payable | 370.75M | 370.75M | 194.24M | 60.04M | -58.60M | 93.50M |
| Change in Income Taxes | 55.53M | 55.53M | 4.03M | -1.96M | 2.98M | -761.00K |
| Change in Other Net Operating Assets | 15.98M | 15.98M | -3.96M | -11.84M | -8.97M | 2.67M |
| Operating Cash Flow | 256.73M | 256.73M | 328.37M | 413.15M | 213.31M | 124.25M |
| Capital Expenditures | -252.50M | -252.50M | -121.08M | -47.53M | -61.36M | -89.59M |
| Sale of Property, Plant & Equipment | 1.39M | 1.39M | 252.00K | 2.69M | 128.00K | 263.00K |
| Sale (Purchase) of Intangibles | -1.18M | -1.18M | -738.00K | -889.00K | -911.00K | -995.00K |
| Investment in Securities | 68.72M | 68.72M | -164.73M | -124.03M | -36.57M | -45.22M |
| Investing Cash Flow | -183.57M | -183.57M | -286.30M | -169.75M | -98.72M | -135.54M |
| Long-Term Debt Repaid | -12.19M | -15.24M | -12.20M | |||
| Total Debt Repaid | -12.19M | -15.24M | -12.20M | |||
| Net Debt Issued (Repaid) | -12.19M | -15.24M | -12.20M | |||
| Repurchase of Common Stock | -30.69M | -30.69M | -147.01M | -52.66M | -65.74M | -80.74M |
| Financing Cash Flow | -30.69M | -30.69M | -147.01M | -64.85M | -80.98M | -92.93M |
| Foreign Exchange Rate Adjustments | -1.47M | -1.47M | 1.39M | 63.00K | -606.00K | -527.00K |
| Net Cash Flow | 40.99M | 40.99M | -103.55M | 178.60M | 33.00M | -104.76M |
| Free Cash Flow | 4.22M | 4.22M | 207.29M | 365.62M | 151.95M | 34.66M |
| Free Cash Flow Margin | 0.09% | 0.09% | 6.06% | 12.68% | 5.74% | 1.53% |
| Free Cash Flow Per Share | 0.12 | 0.12 | 5.72 | 10.00 | 4.12 | 0.93 |
| Levered Free Cash Flow | -57.87M | -57.87M | 79.18M | 238.46M | 59.74M | -44.09M |
| Unlevered Free Cash Flow | -57.82M | -57.82M | 79.18M | 238.54M | 60.66M | -43.82M |
| Cash Interest Paid | 312.00K | 2.38M | 2.24M | |||
| Cash Income Tax Paid | 29.41M | 29.41M | 24.30M | 16.45M | 14.16M | 9.30M |
| Change in Working Capital | -259.90M | -259.90M | -89.16M | 41.33M | -104.06M | -145.16M |
Ratios
Fiscal year July - June; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 11.73B | 18.80B | 10.59B | 8.85B | 4.71B | 3.06B |
| Enterprise Value | 10.86B | 17.86B | 9.65B | 8.06B | 4.19B | 2.58B |
| Last Close Price | 327.29 | 524.79 | 295.62 | 244.79 | 129.88 | 83.21 |
| PE Ratio | 25.08 | 39.75 | 31.85 | 29.87 | 19.02 | 15.28 |
| Forward PE | 17.95 | 32.16 | 26.57 | 26.09 | 17.25 | 13.05 |
| PS Ratio | 2.53 | 4.05 | 3.10 | 3.07 | 1.78 | 1.35 |
| PB Ratio | 4.78 | 7.66 | 5.34 | 5.07 | 3.21 | 2.44 |
| P/TBV Ratio | 4.78 | 7.67 | 5.35 | 5.08 | 3.21 | 2.45 |
| P/FCF Ratio | 2,777.92 | 4,453.60 | 51.10 | 24.20 | 31.02 | 88.32 |
| P/OCF Ratio | 45.68 | 73.24 | 32.26 | 21.42 | 22.10 | 24.64 |
| PEG Ratio | 1.82 | 0.86 | 1.53 | 1.13 | 1.13 | |
| EV/Sales Ratio | 2.34 | 3.85 | 2.82 | 2.80 | 1.58 | 1.14 |
| EV/EBITDA Ratio | 20.46 | 33.66 | 25.50 | 24.75 | 13.92 | 10.60 |
| EV/EBIT Ratio | 23.44 | 38.56 | 29.61 | 29.03 | 16.21 | 12.61 |
| EV/FCF Ratio | 2,571.61 | 4,230.76 | 46.54 | 22.05 | 27.59 | 74.47 |
| Debt / Equity Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.03 |
| Debt / EBITDA Ratio | 0.01 | 0.01 | 0.01 | 0.02 | 0.04 | 0.13 |
| Debt / FCF Ratio | 0.95 | 0.95 | 0.03 | 0.01 | 0.09 | 0.90 |
| Net Debt / Equity Ratio | -0.35 | -0.35 | -0.47 | -0.49 | -0.37 | -0.36 |
| Net Debt / EBITDA Ratio | -1.64 | -1.64 | -2.46 | -2.62 | -1.78 | -1.84 |
| Net Debt / FCF Ratio | -206.31 | -206.31 | -4.48 | -2.33 | -3.53 | -12.90 |
| Asset Turnover | 1.38 | 1.38 | 1.32 | 1.33 | 1.39 | 1.31 |
| Inventory Turnover | 5.10 | 5.10 | 5.76 | 5.14 | 4.29 | 4.05 |
| Quick Ratio | 1.35 | 1.35 | 2.09 | 2.60 | 2.25 | 1.73 |
| Current Ratio | 2.25 | 2.25 | 3.00 | 3.61 | 3.43 | 2.83 |
| Return on Equity (ROE) | 21.33% | 21.33% | 17.84% | 18.43% | 18.21% | 16.94% |
| Return on Assets (ROA) | 8.59% | 8.59% | 7.88% | 8.04% | 8.47% | 7.41% |
| Return on Invested Capital (ROIC) | 26.79% | 29.95% | 31.36% | 28.96% | 28.36% | 27.96% |
| Return on Capital Employed (ROCE) | 18.50% | 18.50% | 16.10% | 15.60% | 17.30% | 15.80% |
| Earnings Yield | 3.99% | 2.52% | 3.14% | 3.35% | 5.26% | 6.55% |
| FCF Yield | 0.04% | 0.02% | 1.96% | 4.13% | 3.22% | 1.13% |
| Buyback Yield / Dilution | 0.04% | 0.04% | 0.81% | 0.79% | 1.44% | 0.43% |