Fabrinet · NYSE:FN
Fabrinet — Q1 2027 Earnings Presentation
14 slides from Fabrinet's earnings presentation, Nov 2, 2026
Slide 1: Company Overview
COMPANY OVERVIEW November 2, 2026 1
Slide 2: Disclaimer
Disclaimer This presentation and the accompanying oral presentation contain “forward-looking” statements that are based on management’s beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements other than statements of historical
Slide 3: Fabrinet Overview
Fabrinet Overview ❑ Global leader in advanced precision optical/ electronic/mechanical manufacturing services ❑ Focus on mission-critical components and modules in any mix and any volume ❑ Serving growing industrial markets VitroCom Fabrinet West ▪ Data Centers Santa Clara New Jersey Fabrinet Casix
Slide 4: Markets and Products
Markets and Products Data Centers Communications Automotive Industrial ◼ Transceivers Infrastructure ◼ EV Charging ◼ Lasers ◼ Datacenter ◼ Network Systems ◼ LiDAR ◼ Solid-State Lasers Interconnect ◼ Line Cards ◼ LED & Laser Lighting ◼ Gas Lasers ◼ High-Performance ◼ LEO Satellite ◼ Ultrafast Lasers
Slide 5: Efficient Global Manufacturing Footprint
Efficient Global Manufacturing Footprint Precision Optical and Electronic Packaging and Assembly Pinehurst Campus, Thailand Chonburi Campus, Thailand Navanakorn Campus, Thailand Custom Optics Quickturn NPI Services Casix, China Vitrocom, NJ, USA Fabrinet Israel Fabrinet West, CA, USA 5
Slide 6: Investment Highlights
Investment Highlights ✓ Large and growing addressable markets ✓ Differentiated business model with low-cost structure ✓ Highly differentiated expertise in precision manufacturing technologies enabling next-generation products ✓ Strong, long-term relationships with industry-leading OEMs ✓ Demonstrate
Slide 7: Strong Revenue and Growth Trends
Strong Revenue and Growth Trends Quarterly Revenue and Revenue Mix Automotive, Industrial and Other $1,474M +20% y/y, +8% q/q $1,500M Includes products used in automotive, industrial, $1,316M $253M medical, and other specialized end markets $1,214M 17% $1,250M $234M $1,133M Communications Infrastruc
Slide 8: Consistent Profitability
Consistent Profitability Non-GAAP Gross Margin and Non-GAAP Operating Income (1) Non-GAAP Operating Margin (1) % of Sales $700M 13.0% $600M 12.4% 12.2% 12.3% 500 12.5% 12.1% $500M 12.0% $400M 361 11.5% 11.0% 10.8% 10.6% 10.8% $300M 10.5% 10.5% $200M 159 104 10.0% $100M 9.5% $0M FY25 FY26 1Q26 1Q27 F
Slide 9: Recent Financial Performance
Recent Financial Performance Key Financials • Record Q1 revenue of $1,474 million exceeded guidance $Millions (USD), except per share figures 3 months ended and grew 51% y/y 25-Sep-2026 26-Sep-2025 Revenue $1,474.5 $978.1 • Q1 non-GAAP operating Y-o-Y change 51% 22% margin was 10.8%, and increased 2
Slide 10: Strong Balance Sheet Supports Growth Strategy
Strong Balance Sheet Supports Growth Strategy Selected Items $Millions (USD) As of Sept 25, 2026 Cash, cash equivalents(1) $756.7 Working capital (2) $1,085.4 Property, plant & equipment, net $778.2 Total debt (3) $74.7 Total shareholders’ equity $2,516.1 (1) Cash & cash equivalents include marketab
Slide 11: Appendix
Appendix 11
Slide 12: Non-GAAP Reconciliation of Gross Margin and Operating Margin
Non-GAAP Reconciliation of Gross Margin and Operating Margin Reconciliation of GAAP Gross Profit and GAAP Gross Margin to Non-GAAP Gross Profit and Non-GAAP Gross Margin (in thousands of U.S. dollars) Three Months Ended Twelve Months Ended September 25, September June 26, 2026 June 26, 2026 June 27,
Slide 13: Non-GAAP Reconciliation of Net Profit and EPS
Non-GAAP Reconciliation of Net Profit and EPS Reconciliation of GAAP measures to non-GAAP measures (in thousands of U.S. dollars, except per share data) FQ1'27 FQ4'26 FQ1'26 September 25,2026 June 26,2026 September 26,2025 Net income Diluted EPS Net income Diluted EPS Net income Diluted EPS GAAP mea
Slide 14: Reconciliation of Non-GAAP Free Cash Flow
Reconciliation of Non-GAAP Free Cash Flow In thousands of U.S. Dollars Three Months Ended Three Months Ended Twelve Months Ended Twelve Months Ended Sept 25, 2026 Sept 26, 2025 June 26, 2026 June 27, 2025 Net cash provided by 21,287 102,568 256,725 328,365 operating activities Less: Purchase of prop