Filing Flows › Fabrinet (FN) › Q1 FY27 › vs Q4 FY26
Fabrinet (FN) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Fabrinet's revenue rose $159M (+12%) from $1.3B in Q4 FY26 to $1.5B in Q1 FY27. Gross margin 11.8% against 12.0% (-0.2 pts).
Fabrinet, Q1 FY27: revenue $1.5B (+51% year over year), operating margin 9.9%, net earnings $103M, operating cash flow $21.3M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 11.8% | 12.0% | -0.2 pts |
| Operating margin | 9.9% | 10.2% | -0.3 pts |
| Net margin | 7.0% | 10.6% | -3.6 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.5B | $1.3B | $159M | +12% |
| Gross profit | $174M | $158M | $15.7M | +10% |
| Cost of revenue | $1.3B | $1.2B | $143M | +12% |
| Operating profit | $146M | $134M | $11.8M | +9% |
| Operating expenses | $27.8M | $23.8M | $4.0M | +17% |
| Pre-tax earnings | $130M | $200M | −$70.2M | -35% |
| Other expense, net | $16.5M | −$65.5M | $82.0M | — |
| SG&A | $26.7M | $23.7M | $3.1M | +13% |
| Other operating costs | $1.0M | $117K | $932K | +797% |
| Net earnings | $103M | $139M | −$35.8M | -26% |
| Income tax | $26.0M | $60.5M | −$34.5M | -57% |
| Operating cash sources | $136M | $167M | −$30.7M | -18% |
| Depreciation & amortization | $21.7M | $19.6M | $2.1M | +11% |
| Share-based compensation | $11.2M | $8.3M | $3.0M | +36% |
| Working capital & other | $115M | $112M | $3.0M | +3% |
| Operating cash flow | $21.3M | $55.0M | −$33.7M | -61% |
| Capital expenditures | $159M | $91.9M | $66.8M | +73% |
| Negative free cash flow (OCF − capex) | $137M | $36.9M | $101M | +272% |
Questions
How much did Fabrinet's revenue grow quarter over quarter in Q1 FY27?
Fabrinet's revenue rose $159M (+12%) from $1.3B in Q4 FY26 to $1.5B in Q1 FY27. Gross margin 11.8% against 12.0% (-0.2 pts).