Fabrinet (FN)
NYSE:FN
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Earnings Data
Report Date
Aug 24, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
3.79Last Year’s EPS
2.65Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
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
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.
FN Earnings History
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 | ― | ― |
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.
FAQ
When does Fabrinet (FN) report earnings?
Fabrinet (FN) is schdueled to report earning on Aug 24, 2026, After Close (Confirmed).
What is Fabrinet (FN) earnings time?
Fabrinet (FN) earnings time is at Aug 24, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is FN EPS forecast?
FN EPS forecast for the fiscal quarter 2026 (Q4) is 3.79.
