15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 15.8% per year over the past 5 years.
Net income has grown faster than revenue (24.0% vs 15.8% per year).
Operating margin has expanded, at 9.5% in the latest year.
Free cash flow has grown 13.9% per year over the past 5 years.
Financial health
Total debt has grown slower than revenue (-33.2% vs 15.8% per year).
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$3.4B
$333M
12.1%
9.5%
$207M
—
$306M
2024
$2.9B
$296M
12.4%
9.6%
$366M
—
$410M
2023
$2.6B
$248M
12.7%
9.5%
$152M
$12M
$231M
2022
$2.3B
$200M
12.3%
9.0%
$35M
$27M
$198M
2021
$1.9B
$148M
11.8%
8.0%
$76M
$40M
$303M
2020
$1.6B
$113M
11.3%
7.2%
$108M
$52M
$225M
2019
$1.6B
$121M
11.3%
7.7%
$129M
$61M
$181M
2018
$1.4B
$84M
11.2%
6.8%
$104M
—
$158M
2017
$1.4B
$97M
12.1%
7.5%
$3M
—
$134M
2016
$977M
$62M
12.2%
7.1%
$6M
—
$143M
2015
$774M
$44M
11.3%
6.1%
—
—
$113M
2014
$678M
$92M
11.0%
13.5%
$56M
—
$233M
2013
$642M
$69M
10.8%
11.0%
$38M
$29M
$150M
2012
$565M
-$56M
11.0%
-10.8%
-$33M
$39M
$116M
2011
$744M
$64M
12.7%
9.4%
$19M
$16M
$127M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$1.2B
$125M
11.9%
9.9%
-$11M
—
$357M
Dec '25
$1.1B
$113M
12.2%
10.1%
-$5M
—
$320M
Sep '25
$978M
$96M
11.9%
9.6%
$57M
—
$305M
Jun '25
$910M
$87M
12.2%
9.8%
$5M
—
$306M
Mar '25
$872M
$81M
11.7%
9.0%
$46M
—
$307M
Dec '24
$834M
$87M
12.1%
9.5%
$94M
—
$404M
Sep '24
$804M
$77M
12.3%
9.6%
$63M
—
$401M
Jun '24
$753M
$81M
12.3%
9.7%
$70M
—
$410M
Mar '24
$732M
$81M
12.4%
9.7%
$87M
—
$385M
Dec '23
$713M
$69M
12.4%
9.7%
$74M
—
$334M
Sep '23
$685M
$65M
12.3%
9.3%
$134M
—
$308M
Jun '23
$656M
$61M
12.5%
9.4%
$53M
$12M
$231M
Mar '23
$665M
$59M
12.9%
9.3%
$17M
$15M
$231M
Dec '22
$669M
$63M
12.7%
9.9%
$31M
$18M
$251M
Sep '22
$655M
$65M
12.6%
9.5%
$50M
$21M
$255M
Jun '22
$588M
$56M
12.7%
9.6%
$2M
$27M
$198M
Mar '22
$564M
$51M
12.5%
9.5%
$27M
$30M
$269M
Dec '21
$567M
$49M
12.2%
9.1%
$1M
$33M
$277M
Sep '21
$543M
$45M
11.7%
7.9%
$4M
$36M
$270M
Jun '21
$510M
$42M
12.0%
8.6%
$30M
$40M
$303M
Valuation over time
How the market has priced FN against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 21.2× (Mar '23) to 61.1× (Jun '26).
The price-to-sales ratio has risen from 1.9× (Mar '23) to 5.9× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is FN growing its revenue and profit?
Over the past 5 years, Fabrinet's revenue has grown 15.8% per year, and net income grown 24.0% per year. These are computed facts, not advice.
How much debt does FN have?
As of FY2025, Fabrinet reported — of total debt against $306M of cash.
What is FN's profit margin?
In FY2025, gross margin was 12.1%, operating margin 9.5%, and net margin 9.7%.
What is FN's P/E ratio?
As of Jun '26, Fabrinet traded at a price-to-earnings ratio of about 61.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.