Fabrinet · NYSE:FN
Fabrinet — Investor Presentation (May 2026)
15 slides from Fabrinet's investor presentation, May 4, 2026
Slide 1: Company Overview
COMPANY OVERVIEW May 4, 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 Telecom and Datacom Optical Communications Santa Cl
Slide 4: Markets and Products
Markets and Products Optical Automotive Industrial Lasers High- Communications Performance EV Charging Lasers Transceivers Computing LIDAR Solid-State Lasers Modulators Complex PCBA LED & Laser Lighting Gas Lasers Optical Amplifiers Safety & Control Ultrafast Lasers ROADM S
Slide 5: Efficient Global Manufacturing Footprint
Efficient Global Manufacturing Footprint Precision Optical and Electronic Custom Optics Packaging and Assembly Casix, China Vitrocom, NJ, USA Pinehurst Campus, Thailand Quickturn NPI Services Fabrinet Israel Fabrinet West, CA, USA Chonburi Campus, Thailand 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 Trends
Strong Revenue Trends QUARTERLY CONSOLIDATED REVENUE ($M) 1,500 1,133 1,214 910 978 1,000 804 834 872 753 685 713 732 656 500 0 Jun'23 Jun'24 Jun'25 Sep'23 Sep'24 Sep'25 Dec'23 Dec'24 Dec'25 Mar'24 Mar'25* Mar'26 Optical communications Non-optical communications OPTICAL COMMUNICATIONS REVENUE ($M) N
Slide 8: Consistent Profitability
Consistent Profitability NON-GAAP GROSS MARGIN AND NON-GAAP OPERATING MARGIN (1) % of Sales 15.0% 12.6% 12.4% 12.0% 12.1% 10.6% 10.5% 10.2% 10.7% 10.0% 5.0% 0.0% FY24 FY25 3Q25 3Q26 Gross margin Operating margin RETURN ON INVESTED CAPITAL (2) 50.0% 41.8% 35.7% 38.1% 39.1% 40.0% 30.0% 20.0% 10.0% 0.0
Slide 9: Recent Financial Performance
Recent Financial Performance Key Financials • Record Q3 revenue of $1,214 million exceeded guidance $Millions (USD), except per share figures 3 months ended 27-Mar-26 28-Mar-25(1) • Q3 non-GAAP operating Revenue $1,214.3 $871.8 margin was 10.7% Y-o-Y change 39% 19% • Q3 non-GAAP EPS of $3.72 Gross p
Slide 10: Strong Balance Sheet Supports Growth Strategy
Strong Balance Sheet Supports Growth Strategy Selected Items $Millions (USD) As of March 27, 2026 Cash, cash equivalents(1) $945.9 Working capital (2) $925.5 Property, plant & equipment, net $525.0 Total debt (3) $0.0 Total shareholders’ equity $2,304.7 (1) Cash & cash equivalents include marketable
Slide 11: Revenue Mix
Revenue Mix F3Q24 F4Q24 F1Q25 F2Q25 F3Q25 F4Q25 F1Q26 F2Q26 F3Q26 Optical Communications 81% 79% 78% 78% 75% 76% 76% 73% 73% Datacom 52% 53% 53% 46% 38% 40% 37% 33% 29% Telecom 48% 47% 47% 54% 62% 60% 63% 67% 71% Non-Optical Communications 19% 21% 22% 22% 25% 24% 24% 27% 27% Optical and non-optical
Slide 12: Revenue by Product Category ($Millions USD)
Revenue by Product Category ($Millions USD) F3Q24 F4Q24 F1Q25 F2Q25 F3Q25 F4Q25 F1Q26 F2Q26 F3Q26 Optical $591.4 $596.4 $626.3 $647.1 $657.2 $688.7 $746.9 $832.6 $888.7 Communications Datacom 305.5 314.7 328.9 299.1 251.1 276.9 273.1 278.1 260.4 Telecom 286.0 281.7 297.4 348.0 406.1 411.8 473.8 554.
Slide 13: Appendix
Appendix 13
Slide 14: 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 March 27, 2026 June 27, 2025 March 28, 2025 June 27, 2025 Ju
Slide 15: 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) FQ3'26 FQ2'26 FQ3'25 March 27, 2026 December 26,2025 March 28, 2025 Net income Diluted EPS Net income Diluted EPS Net income Diluted EPS GAAP measu