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Fabrinet (FN) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Aug 24, 2026

After Close (Confirmed)

Period Ending

2026 (Q4)

Consensus EPS Forecast

3.81

Last Year’s EPS

2.65

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 7 Analysts Ratings

Earnings Call Summary

Q3 2026

Earnings Call Date:May 04, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call was predominantly positive: management reported record revenue and EPS, very strong growth in DCI and non-Optical Communications (HPC), secured hyperscale and merchant datacom programs, and laid out substantial capacity expansion and strategic investments (Raytec, Navanakorn). The main negatives were supply-chain constraints that limited datacom shipments (datacom revenue +4% YoY but -6% QoQ), near-term gross margin pressure from FX and ramp inefficiencies, and a quarter with reduced operating cash flow and slight free cash flow outflow. Overall, the company emphasized strong demand, multiple new growth vectors, and capacity/capital plans to support continued expansion while acknowledging short-term supply and margin headwinds.

Company Guidance

Fabrinet guided fourth-quarter revenue of $1.25 billion to $1.29 billion (approx. 40% year‑over‑year growth at the midpoint) with gross‑margin dynamics similar to Q3 (Q3 non‑GAAP gross margin 12.1%) and non‑GAAP EPS of $3.72 to $3.87; management said revenue in all major product categories should rise in Q4 but datacom growth will be more measured due to ongoing component supply constraints, with the company expecting the new hyperscale and merchant datacom ramps to contribute more meaningfully in fiscal 2027. They reiterated operating leverage (Q3 operating margin 10.7%, OpEx ~1.4% of revenue) and a mid‑single‑digit effective GAAP tax rate for the year, noted Q3 cash and short‑term investments of $946 million, Q3 operating cash flow of $53 million, Q3 capex of $64 million and free cash flow outflow of $11 million, and disclosed near‑term capital moves to support growth including an $11 million Navanakorn purchase (Q4), a ~$32 million minority investment in Raytec, and about $169 million remaining on the share‑repurchase authorization.

Record Revenue and Accelerating Growth

Revenue of $1.214 billion in Q3 FY2026, a record and above guidance, with year-over-year growth of 39% and sequential growth of ~7%.

Record Non-GAAP EPS

Non-GAAP EPS of $3.72 (record), exceeding guidance and reflecting strong execution and FX tailwinds.

Data Center Interconnect (DCI) Surge

DCI revenue reached $197 million, up 90% year over year and 38% sequentially, driving a meaningful portion of Optical Communications strength.

Strong Optical and Telecom Performance

Optical Communications revenue of $889 million, up 35% year over year and 7% sequentially; telecom revenue a record $628 million, with broad product strength and share gains.

Non-Optical Communications and HPC Momentum

Non-Optical Communications revenue of $326 million, up 52% year over year and 8% sequentially; high-performance compute (HPC) revenue of $107 million and multiple follow-on program wins.

Hyperscale and Merchant Datacom Program Wins

Completed and begun shipping two datacom transceiver programs directly to a hyperscaler (initial ramps starting in Q4) and on track to qualify and ramp multiple merchant transceiver programs with production beginning H2 calendar year / early FY2027.

Capacity Expansion and Capital Investments

Building 10 will add ~2.0 million sq ft (partially available next month, additional floor by September, full completion around January); current footprint 3.7M sq ft with plans/land for two more >1M sq ft buildings enabling multi-billion dollar additional capacity.

Strategic Ecosystem and R&D Investments

Minority investment of ~$32 million in Raytec Semiconductor (~14% position) to advance wafer-level packaging for CPO; purchase of Navanakorn campus for $11 million to add ~100k sq ft clean-room capacity and room for expansion.

Healthy Liquidity and Active Capital Return Framework

Cash and short-term investments of $946 million at quarter end and an active share repurchase program with ~ $169 million remaining authorization.

Q4 Guidance Pointing to Continued Strong Growth

Q4 revenue guidance of $1.25 billion to $1.29 billion (midpoint ~40% year-over-year growth) and non-GAAP EPS guidance of $3.72 to $3.87, with gross margin dynamics expected similar to Q3.

Fabrinet (FN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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FN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 24, 2026	2026 (Q4)	3.81 / -	2.65	―	―	―
May 04, 2026	2026 (Q3)	3.56 / 3.72	2.52	47.62% (+1.20)
Feb 02, 2026	2026 (Q2)	3.25 / 3.36	2.61	28.74% (+0.75)
Nov 03, 2025	2026 (Q1)	2.82 / 2.92	2.39	22.18% (+0.53)
Aug 18, 2025	2025 (Q4)	2.64 / 2.65	2.41	9.96% (+0.24)
May 05, 2025	2025 (Q3)	2.50 / 2.52	2.39	5.44% (+0.13)
Feb 03, 2025	2025 (Q2)	2.50 / 2.61	2.08	25.48% (+0.53)
Nov 04, 2024	2025 (Q1)	2.38 / 2.39	2	19.50% (+0.39)
Aug 19, 2024	2024 (Q4)	2.24 / 2.41	1.86	29.57% (+0.55)
May 06, 2024	2024 (Q3)	2.11 / 2.39	1.94	23.20% (+0.45)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

FN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 04, 2026	$717.80	$660.32	-8.01%
Feb 02, 2026	$499.61	$448.53	-10.22%
Nov 03, 2025	$443.00	$459.60	+3.75%
Aug 18, 2025	$327.12	$285.23	-12.81%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.