Fabrinet Reports Record Q4 Earnings, Driven by Strong Data Center Demand
Fabrinet reported record fourth-quarter results for fiscal year 2026 with revenue of $1.316 billion, a 45% increase from the prior year and exceeding management guidance. Non-GAAP earnings per share were $4.10, also surpassing expectations due to strong operating leverage. The data center segment was particularly robust, contributing $669 million in revenue—accounting for 51% of total sales—and growing at a 68% annual rate driven by demand for optical and interconnect products. The company's full-year revenue reached $4.64 billion, up 36% from fiscal year 2025, with non-GAAP EPS rising to $14.09—a 39% increase—outpacing total revenue growth. Fabrinet also provided strong guidance for the first quarter of FY2027, forecasting revenue between $1.375 billion and $1.425 billion at a midpoint representing 43% year-over-year growth. Capital expenditures were focused on expanding manufacturing capacity in Thailand and California to support future product ramps. The company also announced new facilities acquisitions aimed at increasing production capabilities.
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Topics: customer concentration data center growth non-GAAP EPS revenue