Fabrinet (FN) FY2025 10-K Annual Report

Filed: Aug 19, 2025
Information Technology
Telephone & Telegraph ApparatusSEC EDGAR

Fabrinet (FN) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Aug 19, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

Fabrinet FY2025 10-K Analysis

Business Overview

  • Core business: complex engineering and manufacturing services with advanced supply chain management targeting OEM customers
  • Geographic revenue shift: North America revenue rose to 43.4% from 36.5% in 2024, Asia-Pacific declined to 48.4% from 57.1%
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Management Discussion & Analysis

  • Forward-looking statements cover future revenues, expenses, capital needs, and liquidity with associated risks and uncertainties
  • Expect increasing revenue share from customers outside North America in fiscal 2026 vs fiscal 2025
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Risk Factors

  • Construction of new 2.0 million sq ft manufacturing facility in Chonburi costing $132.5M, posing operational expansion risk
  • Increased inventories by $174.2M and trade receivables by $104.4M impacting cash flow and working capital management
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Fabrinet FY2025 Key Financial Metrics
XBRL

Revenue

$3.4B

+18.6% YoY

Net Income

$333M

+12.3% YoY

Gross Margin

12.1%

-26bp YoY

Operating Margin

9.5%

-14bp YoY

Net Margin

9.7%

-55bp YoY

ROE

16.8%

-19bp YoY

Total Assets

$2.8B

+21.1% YoY

EPS (Diluted)

$9.17

+13.2% YoY

Operating Cash Flow

$328M

-20.5% YoY

Source: XBRL data from Fabrinet FY2025 10-K filing on SEC EDGAR. All figures in USD.

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