Filing Flows › Fabrinet (FN) › Q3 FY26
Fabrinet (FN) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed May 5, 2026
Fabrinet (FN) reported revenue of $1.2B for the third quarter fiscal 2026 (Q3 FY26), +39% from a year earlier and +7% from the quarter before. Operating margin was 9.9%, net earnings $125M (10.3% of revenue).
Fabrinet, Q3 FY26: revenue $1.2B (+39% year over year), operating margin 9.9%, net earnings $125M, operating cash flow $52.9M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | +7% | +39% |
| Gross profit | $144M | +5% | +41% |
| Operating profit | $120M | +5% | +52% |
| Net earnings | $125M | +11% | +54% |
| Operating cash flow | $52.9M | +14% | -29% |
What changed
Revenue was $1.2B in Q3 FY26, up 39% year over year and up 7% from the previous quarter. Optical communications was the largest line at 73% of revenue. Optical communications added $0.23B year over year (up 35%), 68% of the total change.
Gross margin was 11.9%, up 0.2 points from Q3 FY25. Operating profit was $0.12B, a 9.9% margin (up 0.8 points year over year). Of the extra revenue versus Q3 FY25, 12% reached operating profit, above the 9% margin then. Operating expenses grew 4% against revenue growth of 39%. Net earnings were $0.13B, up 54% year over year. The effective tax rate was 6.7%.
Operating cash flow was $0.05B (down 29% year over year), 42% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.10B. Capital expenditures of $0.06B exceeded it, leaving free cash flow of −$0.01B.
Questions
What was Fabrinet's revenue in the third quarter fiscal 2026?
Fabrinet (FN) reported revenue of $1.2B for the third quarter fiscal 2026 (Q3 FY26), +39% from a year earlier and +7% from the quarter before.
Was Fabrinet profitable in the third quarter fiscal 2026?
Operating profit was $120M (9.9% of revenue) and net earnings $125M.
Source: Fabrinet 10-Q on SEC EDGAR.