Fabrinet (FN) Form 10-Q — Nov 3, 2026
Fabrinet reported fiscal Q1 2027 revenue of $1.47 billion, up 50.8% year-over-year, with data center revenue surging 77.6% to $777.1 million on strong key-customer demand. Diluted EPS rose to $2.86 from $2.66 and net income grew to $103.5 million, but net margin compressed to 7.0% from 9.8% due to a $21.5 million writedown on non-marketable equity securities and a jump in the effective tax rate to 20.1% from 5.4% on Pillar Two top-up taxes.
Key figures
- Eps
- 2.86
- Revenue
- 1474459000
- Net Income
- 103497000
- Total Debt
- 74700000
- Revenue Yoy
- 50.8%
- Total Assets
- 4317636000
- Cash Position
- 392326000
- Shares Outstanding
- 35833303
- Basic Eps
- 2.89
- Gross Margin
- 11.8%
- Gross Profit
- 173798000
- Term Loan Rate
- 2.45%
- Quarter Buyback
- 29100000
- Operating Income
- 146005000
- Buyback Remaining
- 139900000
- Capex Commitments
- 164100000
- Effective Tax Rate
- 20.1%
- Term Loan Maturity
- 2031-09-30
- Data Center Revenue
- 777132000
- Operating Cash Flow
- 21287000
- Term Loan Principal
- 74700000
- Pillar Two Tax Expense
- 19900000
- Data Center Revenue Growth
- 77.6%
- Top3 Customer Revenue Share
- 46.7%
- Equity Securities Writedown
- 21500000
- Prior Year Effective Tax Rate
- 5.4%
- Automotive Industrial Revenue
- 253410000
- Communications Infrastructure Growth
- 34.7%
- Communications Infrastructure Revenue
- 443917000
AI analysis
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