Fabrinet
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.64B | $3.42B | $2.88B | $2.65B | $2.26B | $1.88B | $1.64B | $1.58B |
| Cost of Revenue | $4.08B | $3.01B | $2.53B | $2.31B | $1.98B | $1.66B | $1.46B | $1.41B |
| Gross Profit | $556.5M | $413.3M | $356.1M | $336.3M | $278.6M | $221.4M | $186.1M | $179.2M |
| Gross Margin | 12.0% | 12.1% | 12.4% | 12.7% | 12.3% | 11.8% | 11.3% | 11.3% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $93.5M | $87.5M | $78.5M | $77.7M | $73.9M | $70.6M | $68.4M | $55.1M |
| Operating Income | $462.9M | $324.4M | $277.6M | $251.7M | $204.5M | $150.8M | $117.4M | $122.6M |
| Operating Margin | 10.0% | 9.5% | 9.6% | 9.5% | 9.0% | 8.0% | 7.2% | 7.7% |
| Interest Expense | — | — | — | $1.5M | $432.0K | $1.1M | $3.0M | $5.4M |
| Pretax Income | $555.1M | $355.2M | $311.4M | $260.1M | $207.0M | $150.5M | $119.2M | $126.2M |
| Income Tax Expense | $82.1M | $22.7M | $15.2M | $12.2M | $6.6M | $2.1M | $5.8M | $5.3M |
| Net Income | $473.0M | $332.5M | $296.2M | $247.9M | $200.4M | $148.3M | $113.5M | $121.0M |
| Net Margin | 10.2% | 9.7% | 10.3% | 9.4% | 8.9% | 7.9% | 6.9% | 7.6% |
| EPS (Basic) | $13.21 | $9.23 | $8.17 | $6.79 | $5.43 | $4.02 | $3.07 | $3.29 |
| EPS (Diluted) | $13.05 | $9.17 | $8.10 | $6.73 | $5.36 | $3.95 | $3.01 | $3.23 |
| Shares Outstanding (Basic) | 35.8M | 36.0M | 36.2M | 36.5M | 36.9M | 36.9M | 36.9M | 36.8M |
| Shares Outstanding (Diluted) | 36.3M | 36.3M | 36.6M | 36.9M | 37.4M | 37.6M | 37.7M | 37.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |