Fabrinet's revenue accelerated to $1.5B in 2027Q1, up 50.7% year over year, driven by AI-related demand, while net income grew 7.5% and operating margin held near 9.9%. However, gross margin has been anchored in a narrow 11.6% to 12.3% band, suggesting limited pricing power beyond assembly fees.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue climbed from $804.2M in 2025Q1 to $1.5B in 2027Q1 while gross margin stayed within 11.8% to 12.3%, indicating growth has been volume-driven rather than margin-accretive.
Fabrinet's Q3 2026 results show strong revenue and net income, driven by AI and optical demand, with potential for further growth from higher speed transceivers and HPC manufacturing.
Fabrinet is benefiting from rising automation and AI demand, particularly as a manufacturing partner for advanced optical transceivers, high-performance computing clusters, and industrial lasers.
Fabrinet's strong financial position is underpinned by a debt-free balance sheet, providing stability and flexibility for future growth initiatives.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 2, 2026 | $4.34+3.1% vs $4.21 | $1.5B+4.0% vs $1.4B |
Q3 2026 Aug 17, 2026 | $4.10+7.6% vs $3.81 | $1.3B+3.1% vs $1.3B |
Q2 2026 May 4, 2026 | $3.72+4.5% vs $3.56 | $1.2B+2.2% vs $1.2B |
Q1 2026 Feb 2, 2026 | $3.36+3.1% vs $3.26 | $1.1B+5.2% vs $1.1B |
IEH (OTCMKTS:IEHC - Get Free Report) and Fabrinet (NYSE: FN - Get Free Report) are both technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, risk, analyst recommendations, valuation, institutional ownership, dividends and profitability. Risk and Volatility IEH has a beta of -0.12, indicating
Fabrinet's Q1 fiscal 2027 earnings beat estimates as data center revenues surge 78%, fueling robust growth and a strong Q2 outlook amid capacity expansion.
U.S. stocks were mixed, with the Dow Jones falling around 200 points on Tuesday.
FN accelerates manufacturing expansion as AI-driven data center demand surges, with new optical programs and capacity investments fueling growth.
Benchmark FN against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Fabrinet (FN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $327.13 | $11.72B | 24.51 | 35.73% | 9.41% | 20.45% | — | |
| $69.78 | $25.57B | 25.17 | 8.14% | 3.35% | 19.23% | — | |
| $239.09 | $25.22B | 24.32 | 20.64% | 2.9% | 73.9% | 0.14% | |
| $206.68 | $23.76B | 20.21 | 28.46% | 6.83% | 38.32% | — | |
| $60.40 | $2.17B | 39.24 | 0.11% | 1.9% | 5.05% | 1.11% | |
| $192.17 | $5.14B | 25.85 | 23.11% | 4.08% | 13.34% | — |
Fabrinet (FN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Fabrinet (FN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 2, 2026·SEC
Aug 17, 2026·SEC
May 4, 2026·SEC
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Fabrinet (FN) stock FAQ — growth, dividends, profitability & financials explained
Fabrinet (FN) reported $5.14B in revenue over the trailing twelve months. Revenue was $4.64B in fiscal year 2026. That is 1135% more than the $375.7M of fiscal year 2006.
Fabrinet (FN) grew revenue by 43.0% over the trailing twelve months, compared with the twelve months before.
Yes. Fabrinet (FN) earned $483.6M in net income over the trailing twelve months (a 9.4% net margin).
Fabrinet (FN) had a return on equity (ROE) of 20.4% over the trailing twelve months. That is well above the market's typical 10-15%.
Fabrinet (FN) had negative free cash flow of $191.7M over the trailing twelve months.
