Fabrinet (FN) FY2025 results: revenue $3.4 billion, up 18.6% on the year
Fabrinet (FN) reported revenue of $3.4 billion for fiscal 2025, the year ended 27 June 2025, up 18.6% on the year before. Net income was $333 million, up 12.3%, and diluted earnings per share $9.17. The figures are the company's own, from the 10-K it filed with the SEC on 19 August 2025.
Revenue
$3.4 billion
+18.6% on the year
FY2018FY2025
Operating margin
9.5%
9.6% a year earlier
FY2018FY2025
Net income
$333 million
+12.3% on the year
FY2018FY2025
Diluted EPS
$9.17
+13.2% on the year
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
328
413
213
-20.5%
Capital expenditure
121
47.5
61.4
+154.8%
Free cash flow
207
366
152
-43.3%
Free cash flow margin
6.1%
12.7%
5.7%
Cash from investing
-286
-170
-98.7
Cash from financing
-147
-64.9
-81.0
Depreciation and amortisation
53.4
49.0
43.8
+9.0%
Share-based compensation
33.0
28.4
28.1
+16.3%
Buybacks
126
39.5
47.6
+218.4%
Diluted shares, weighted
36m
37m
37m
-0.8%
Shares outstanding at period end
36m
36m
36m
-1.2%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
1,982
1,746
1,469
+13.5%
Debt
0.0
0.0
12.2
Operating lease liabilities
3.7
3.6
0.1
+1.2%
Other liabilities
846
589
499
+43.6%
Total liabilities and equity
2,831
2,339
1,980
+21.1%
Fixed assets
381
307
310
+23.9%
Intangible assets
2.2
2.3
2.4
-7.1%
Investments
628
449
278
+39.9%
Cash and equivalents
306
410
231
-25.3%
Receivables
759
592
532
+28.1%
Inventory
581
463
520
+25.4%
Other assets
174
115
106
+52.1%
Total assets
2,831
2,339
1,980
+21.1%
10-K for the year ended 27 June 2025, filed 19 August 2025: the filing.