Core Insights - Fabrinet published its Corporate Responsibility Report for the fiscal year ended June 27, 2025, highlighting progress in sustainable manufacturing, supply chain management, quality management, risk management, employee training, and community engagement [1][2]. Sustainable Manufacturing - The company achieved reduced electricity intensity and Scope 2 emissions intensity while lowering costs, natural resource consumption, and waste through 233 green stream mapping and reduce, reuse, recycle projects [5]. Quality Management - Continuous improvement initiatives were extended in 2025, including Kaizen & Lean Training, quarterly Kaizen and Six Sigma contests, weekly Gemba audits, and regular 5S audits to empower employees in contributing to high-quality and efficient operations [5]. Human Capital Management - Fabrinet was recognized by Thailand's Ministry of Labor for strong labor rights practices at both Pinehurst and Chonburi campuses in fiscal year 2025 [5]. Community Initiatives - The company received national recognition for its contributions to community development and youth empowerment [5].

Core Viewpoint - Fabrinet is set to release its financial results for the second quarter of fiscal year 2026 on February 2, 2026, after market close, followed by a conference call to discuss the results [1][2]. Group 1: Financial Results Announcement - Fabrinet will announce its financial results for the second quarter of fiscal year 2026, which ended on December 26, 2025 [1]. - The financial results will be released after market close on February 2, 2026 [1]. - A conference call and webcast will be held at 5:00 p.m. EST on the same day to review and discuss the results [1][2]. Group 2: Company Overview - Fabrinet is a leading provider of advanced optical packaging and precision manufacturing services for original equipment manufacturers of complex products [3]. - The company specializes in products such as optical communication components, automotive components, medical devices, and industrial lasers [3]. - Fabrinet offers a comprehensive range of manufacturing capabilities, including process design, supply chain management, advanced packaging, and testing [3]. - The company operates engineering and manufacturing facilities in Thailand, the USA, China, and Israel [3].

Core Insights - Fabrinet reported record revenue of $978 million for the first fiscal quarter, exceeding guidance and driven by strong telecom performance and early contributions from High-Performance Computing revenue [2][6] - The company achieved GAAP net income of $95.9 million, up from $77.4 million year-over-year, with diluted earnings per share (EPS) of $2.66 compared to $2.13 in the previous year [6][22] - Non-GAAP net income reached $105.3 million, an increase from $86.9 million, with non-GAAP diluted EPS of $2.92, up from $2.39 [6][22] - For the second fiscal quarter, Fabrinet expects revenue between $1.05 billion and $1.10 billion, with GAAP diluted EPS guidance of $2.91 to $3.06 and non-GAAP diluted EPS guidance of $3.15 to $3.30 [4][26] Financial Performance - First quarter revenue for fiscal year 2026 was $978.1 million, a 21.6% increase from $804.2 million in the same quarter of fiscal year 2025 [6] - GAAP net income for the first quarter was $95.9 million, representing a 23.9% increase from $77.4 million year-over-year [6] - Non-GAAP net income for the first quarter was $105.3 million, up 21.0% from $86.9 million in the prior year [6] - The company reported a gross profit of $116.4 million, with a gross margin of 11.9% for the first quarter [20] Business Outlook - Fabrinet is optimistic about growth acceleration in the second quarter, supported by multiple tailwinds [2] - The company anticipates continued strong execution in its operations, contributing to revenue growth [2] - Guidance for the second quarter includes expectations for revenue in the range of $1.05 billion to $1.10 billion [4][26]

Core Insights - Fabrinet reported exceptional financial results for the fourth quarter and fiscal year 2025, achieving record quarterly revenue of $910 million and annual revenue of $3.4 billion, marking a 19% increase year-over-year [2][6][7]. Financial Highlights - Fourth quarter revenue was $909.7 million, up from $753.3 million in the same quarter of fiscal year 2024 [7]. - GAAP net income for the fourth quarter was $87.2 million, compared to $81.1 million in the fourth quarter of fiscal year 2024 [7]. - Non-GAAP net income for the fourth quarter was $95.6 million, compared to $88.0 million in the same quarter of the previous year [7]. - For fiscal year 2025, GAAP net income was $332.5 million, an increase from $296.2 million in fiscal year 2024 [7]. - Non-GAAP net income for fiscal year 2025 was $368.8 million, compared to $324.6 million in fiscal year 2024 [7]. Business Outlook - Fabrinet expects first quarter revenue for fiscal year 2026 to be in the range of $910 million to $950 million [5]. - The company remains optimistic about the growing demand across all areas of its business, anticipating favorable trends to continue into the first quarter and beyond [2][5]. Operational Performance - The company achieved a gross profit of $111.3 million for the fourth quarter, with a gross margin of 12.2% [27]. - Operating income for the fourth quarter was $89.1 million, reflecting an operating margin of 9.8% [28]. - The company reported a non-GAAP operating profit of $97.5 million for the fourth quarter, with a non-GAAP operating margin of 10.7% [28]. Cash Flow and Investments - Net cash provided by operating activities for fiscal year 2025 was $328.4 million, down from $413.1 million in fiscal year 2024 [31]. - Non-GAAP free cash flow for fiscal year 2025 was $207.3 million, compared to $365.6 million in the previous year [31].

Core Insights - Fabrinet will release its financial results for the fourth quarter and fiscal year 2025 on August 18, 2025, after market close [1] - A conference call and webcast will be held on the same day at 5:00 p.m. EDT to discuss the results [2] Company Overview - Fabrinet is a leading provider of advanced optical packaging and precision manufacturing services for original equipment manufacturers of complex products [3] - The company specializes in optical communication components, automotive components, medical devices, and industrial lasers and sensors [3] - Fabrinet operates engineering and manufacturing facilities in Thailand, the USA, China, and Israel [3]

Core Insights - Fabrinet reported a strong third quarter with revenue of $872 million, exceeding guidance and reflecting robust telecom performance that offset a decline in datacom revenue [2][7] - The company achieved a GAAP net income of $81.3 million, slightly up from $80.9 million in the same quarter last year, with GAAP net income per diluted share increasing to $2.25 from $2.21 [7][24] - Non-GAAP net income for the quarter was $91.2 million, compared to $87.7 million a year ago, with non-GAAP net income per diluted share rising to $2.52 from $2.39 [7][24] Financial Performance - Revenue for Q3 FY2025 was $871.8 million, a 19.2% increase from $731.5 million in Q3 FY2024 [7] - GAAP net income for Q3 FY2025 was $81.3 million, a marginal increase from $80.9 million in Q3 FY2024 [7] - Non-GAAP net income for Q3 FY2025 was $91.2 million, up from $87.7 million in Q3 FY2024 [7] Earnings Guidance - For Q4 FY2025, Fabrinet expects revenue to be in the range of $860 million to $900 million [7] - GAAP net income per diluted share is projected to be between $2.32 and $2.47, while non-GAAP net income per diluted share is expected to range from $2.55 to $2.70 [7][27] Operational Highlights - The company continues to focus on advanced optical packaging and precision manufacturing services for complex products, serving various sectors including telecommunications, automotive, and medical devices [8] - Fabrinet maintains manufacturing resources in Thailand, the USA, China, and Israel, emphasizing its global operational capabilities [8]