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Fabrinet, a leading provider of advanced optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers of complex products, today announced its financial results for its second fiscal quarter ended December 26, 2025.
Seamus Grady, Chairman and Chief Executive Officer of Fabrinet, said, “We delivered an exceptional second quarter with record revenue and earnings that significantly exceeded our guidance ranges. Multiple large, key strategic programs across our business all contributed to our outstanding performance. At the same time, excellent execution and strong operating leverage generated record earnings per share that was also above our guidance range. We are confident that the same business drivers that helped produce these results will extend into the third quarter, as reflected in our strong guidance.”
Second Quarter Fiscal Year 2026 Financial Highlights
GAAP Results
- Revenue for the second quarter of fiscal year 2026 was $1,132.9 million, compared to $833.6 million for the second quarter of fiscal year 2025.
- GAAP net income for the second quarter of fiscal year 2026 was $112.6 million, compared to $86.6 million for the second quarter of fiscal year 2025.
- GAAP net income per diluted share for the second quarter of fiscal year 2026 was $3.11, compared to $2.38 for the second quarter of fiscal year 2025.
Non-GAAP Results
- Non-GAAP net income for the second quarter of fiscal year 2026 was $121.6 million, compared to $95.1 million for the second quarter of fiscal year 2025.
- Non-GAAP net income per diluted share for the second quarter of fiscal year 2026 was $3.36, compared to $2.61 for the second quarter of fiscal year 2025.
Business Outlook
Based on information available as of February 2, 2026, Fabrinet is issuing guidance for its third fiscal quarter ending March 27, 2026, as follows:
- Fabrinet expects third quarter revenue to be in the range of $1.15 billion to $1.20 billion.
- GAAP net income per diluted share is expected to be in the range of $3.22 to $3.37, 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 $3.45 to $3.60, based on approximately 36.3 million fully diluted shares outstanding.
