NYSE$FN

Fabrinet · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Fabrinet's second quarter of fiscal year 2025 financial results were announced, with record revenue and earnings per share exceeding guidance ranges.

Fabrinet reported record second-quarter revenue of $833.6 million and GAAP net income per diluted share of $2.38, both exceeding guidance. The company's telecom performance was strong, driven by datacenter interconnect demand and recent systems wins. While datacom demand moderated slightly, rapid growth is expected as next-generation products ramp up.

  • Revenue for the second quarter of fiscal year 2025 was $833.6 million, compared to $712.7 million for the second quarter of fiscal year 2024.
  • GAAP net income for the second quarter of fiscal year 2025 was $86.6 million, compared to $69.1 million for the second quarter of fiscal year 2024.
  • GAAP net income per diluted share for the second quarter of fiscal year 2025 was $2.38, compared to $1.89 for the second quarter of fiscal year 2024.
  • The Board of Directors approved an expansion of its share repurchase program, authorizing the repurchase of up to an additional $100.0 million of Fabrinet’s ordinary shares.

Headline financials

Total Revenue

$834M

Previous: $713M+17.0%
EPS (adj)

$2.61

Previous: $1.89+38.1%
Gross Margin

12.1%

No prior period
Operating Margin

9.5%

No prior period
Capital Expenditures

-$42.2M

Previous: -$21.2M-98.5%
Net Income

$86.6M

Previous: $69.1M+25.4%
Operating Income

$79.6M

Previous: $69M+15.3%
Gross Profit

$101M

Previous: $88.3M+14.2%
Stock-Based Comp

$8.44M

Previous: $6.98M+20.9%

Revenue & EPS history

Fabrinet · Revenue · Quarterly

$834M

Q2 2025+17%vs Q2 2024
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Forward guidance

Fabrinet expects third quarter revenue to be in the range of $850 million to $870 million. GAAP net income per diluted share is expected to be in the range of $2.32 to $2.40, and non-GAAP net income per diluted share is expected to be in the range of $2.55 to $2.63.

Tailwinds

  • Revenue to be in the range of $850 million to $870 million.
  • GAAP net income per diluted share is expected to be in the range of $2.32 to $2.40.
  • Based on approximately 36.3 million fully diluted shares outstanding.
  • Non-GAAP net income per diluted share is expected to be in the range of $2.55 to $2.63.
  • Guidance excludes share-based compensation expenses and certain non-recurring items.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+2.5%

Avg return

Earnings day

+3.8%

Avg return

5 days after

+4.5%

Avg return

30 days after

54%

34 / 63 earnings

Positive

+34.4%

Q1 2013

Best reaction

-18.4%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-5.8%-13.3%-0.3%
Q2 2026-10.3%+0.9%+9.0%
Q1 2026+3.9%+1.4%+6.5%
Q3 2025-7.0%-8.3%+7.4%
Q2 2025-8.2%-6.0%-18.6%
Q1 2025-5.1%+11.8%-0.3%
Q4 2024+16.0%+15.7%-0.9%
Q3 2024+16.8%+24.3%+35.4%
Q2 2024-18.4%-8.5%+0.6%
Q1 2024+5.5%+3.2%+0.0%
Q4 2023+30.4%+33.0%+30.5%
Q3 2023-0.5%-1.3%+20.8%
Q2 2023-8.4%-7.7%-8.8%
Q1 2023+8.6%+12.6%+13.9%
Q4 2022+15.0%+12.8%+2.1%
Q3 2022-4.6%-9.0%-12.1%
Q2 2022-7.1%-8.8%-8.3%
Q1 2022+15.8%+25.4%+19.1%
Q4 2021+6.4%+14.7%+17.9%
Q3 2021-0.8%-0.4%+6.1%
Q2 2021+6.1%+13.1%+10.7%
Q1 2021+6.1%+10.8%+15.5%
Q4 2020-0.5%-5.4%-14.9%
Q3 2020-2.7%+2.9%+11.4%
Q2 2020+7.4%+2.3%-5.8%
Q1 2020-1.5%+0.6%+1.8%
Q4 2019-16.4%-14.4%-2.0%
Q3 2019-3.7%-5.2%-27.9%
Q2 2019-8.6%-9.9%-4.3%
Q1 2019+7.4%+9.9%+12.1%
Q4 2018+7.1%+9.6%+3.7%
Q3 2018+9.4%+9.4%+13.1%
Q2 2018+20.0%+18.1%+29.5%
Q1 2018-10.4%-3.5%-4.6%
Q4 2017-7.8%-3.9%-8.2%
Q3 2017+12.3%+8.3%+17.5%
Q2 2017+1.6%+6.1%-2.7%
Q1 2017+7.6%+8.9%+8.1%
Q4 2016-2.0%-1.5%+1.9%
Q3 2016+12.6%
Q2 2016+12.5%
Q1 2016+9.5%
Q4 2015+6.7%
Q3 2015+1.5%
Q2 2015+3.1%
Q1 2015-3.8%
Q4 2014+9.1%
Q3 2014-13.0%
Q2 2014-8.0%
Q1 2014+13.8%
Q4 2013+4.6%
Q3 2013+1.7%
Q2 2013+10.3%
Q1 2013+34.4%
Q4 2010-0.8%
Q4 2012-2.5%
Q3 2011-6.9%
Q3 2012-8.2%
Q2 2011+1.5%
Q2 2012+5.0%
Q4 2011-1.5%
Q1 2011-1.5%
Q1 2012+1.6%
Q3 2010

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro