Fabrinet reported record fourth quarter 2026 results that significantly surpassed analyst expectations, driven by accelerating growth in optical manufacturing. The company achieved quarterly revenue of $1.316 billion, representing a 45% year-over-year increase and a substantial beat against the $942.5 million consensus estimate. For the full fiscal year 2026, revenue reached $4.64 billion, up 36% from the prior year.
Key Highlights
- Record non-GAAP diluted EPS reached $4.10, comfortably exceeding the estimated $3.69.
- Full-year GAAP net income increased to $473.0 million, compared to $332.5 million in fiscal 2025.
- Strong first quarter 2027 guidance projects revenue between $1.375 billion and $1.425 billion, indicating continued sequential growth momentum.
- The company secured a new THB 2.50 billion (approximately $75.0 million) term loan and expanded its credit facility to support ongoing capital expenditures.
- Executive compensation for fiscal 2027 was updated with new performance-based incentives tied to revenue and operating margin targets.