Fabrinet
443.92+6.36 (+1.45%)
Oct 29, 4:00:02 PM EDT · NYSE · FN · USD
Key Stats
Market Cap
15.90BP/E (TTM)
48.30Basic EPS (TTM)
9.19Dividend Yield
0%Recent Filings
8-K
Mitchell retires; Grady named Chairman
Fabrinet's founder and Chairman David T. Mitchell retired from the board on October 13, 2025, after 25 years steering the company from startup to a $3.4 billion revenue powerhouse in fiscal 2025. No disagreements prompted his exit. CEO Seamus Grady steps in as Chairman for seamless continuity. Leadership transitions like this test enduring strategies.
8-K
Fabrinet appoints Dowling to board
Fabrinet appointed Caroline Dowling to its board on October 13, 2025, as a Class I director until the next annual meeting. With over 20 years at Flex leading telecommunications and cloud data centers, she adds deep EMS and supply chain expertise. Her insights will guide complex manufacturing strategies. No committee assignments yet.
10-K
FY2025 results
Fabrinet's FY2025 revenues surged 18.6% y/y to $3.42B, propelled by 14.4% growth in optical communications to $2.62B and 34.7% expansion in non-optical segments like automotive to $800M, as inventory absorption eased across markets. Q4 momentum accelerated with telecom revenues rebounding sharply from prior-year declines, driving gross margins to 12.1% amid favorable product mix, while operating income rose 16.9% to $324M. Cash generation remained robust at $328M from operations, funding $131M in capex including a new Chonburi facility, alongside $126M in share repurchases; liquidity stood strong with $934M in cash and equivalents and no debt. Yet customer concentration risks persist, as reliance on a few key clients could disrupt quarterly flows if orders falter.
8-K
Record revenue, exec incentives
Fabrinet reported record fiscal 2025 revenue of $3.42 billion, up 19% from prior year, with Q4 hitting $909.7 million and non-GAAP EPS at $2.65. Executives got modest salary bumps and hefty equity grants tied to revenue and margin goals, aligning pay with growth. Momentum builds. Q1 guidance eyes $910-950 million revenue, but supply chain snags loom large.
8-K
Board member retires amicably
Fabrinet announced on May 22, 2025, that board member Rollance Olson will retire at the end of his current term and not seek re-election at the 2025 annual general meeting. His departure stems from personal choice, not any discord over operations, policies, or practices. The board loses a seasoned voice. No successor named yet.
IPO
Website
Employees
Sector
Industry
AAOI
Applied Optoelectronics, Inc.
35.48-1.39
FLEX
Flex Ltd.
66.10+1.84
GLW
Corning Incorporated
90.29+3.86
JBL
Jabil Inc.
222.32+7.80
LPTH
LightPath Technologies, Inc.
8.20-0.24
MRAAF
Murata Manufacturing Inc.
19.97-1.75
OPTX
Syntec Optics Holdings, Inc.
2.61-0.12
SANM
Sanmina Corporation
138.09+3.20
SNPTF
SUNNY OPTICAL TECHNOLOGY GROUP
10.50+0.00
TTMI
TTM Technologies, Inc.
63.53+4.32