Pre-earnings release→Post-release · minutes after the 8-K→Post-call outlook
Expectations sealed Aug 14, 2026 — before the print. This page does not change after sealing; the post-release page replaces it.
Quarterly expectations — fiscal Q4 2026
our 80% range, low to high ·
| our number · all resolve at the Aug 17 print
metric
our number
company guide
Revenue $M
1,291
1,250 – 1,290
1,250
1,325
above the guided high — the beat cadence continues
Adjusted EPS
3.88
3.72 – 3.87
3.71
4.06
GAAP EPS
3.62
3.48 – 3.63
EBITDA $M
159
not guided
Adjusted EBITDA
not reported by Fabrinet
Gross margin
12.0%
not guided
Operating margin
10.0%
not guided
Capex $M
61
not guided
Free cash flow $M
29
not guided
8
83
Company guidance
In force — their fiscal Q4 2026 guideissued at the fiscal Q3 print · resolves at the Aug 17 print
their guide
our expected print
Revenue $M
1,250 – 1,290
1,291 above their high
Adjusted EPS
3.72 – 3.87
3.88 above their high
GAAP EPS
3.48 – 3.63
3.62 inside their range
Issued at this print — their first fiscal Q1 2027 guidenot yet issued · we forecast what they will set
our expected midpoint
vs the Q4 we expect them to report
Revenue $M
~1,330
+3% sequential
Adjusted EPS
~3.96
+2% sequential
Fabrinet issues no full-year guidance. For companies that do, a third block appears here: the standing annual guide and the change we expect them to make to it.
What to watch
Gross margin held 11.9 – 12.0% through a 40% ramp; a slip below ~11.7% on startup costs would overshadow a revenue beat.
The last two prints beat the revenue guide-high by 1 – 3% and EPS by 0.06 – 0.12; our numbers sit just above the guided high on that cadence.
New datacom agreements management said would strengthen the trajectory into Q4 — first quarter they show in the numbers.
Fiscal-year path — revenue $M and adjusted EPS
FY2026
4,616 +35.0%
EPS 13.87 +36.4%
FY2027
5,720 +23.9%
EPS 16.84 +21.4%
FY2028
6,565 +14.8%
EPS 19.45 +15.5%
FY2029
7,280 +10.9%
EPS 21.70 +11.6%
growth vs the prior fiscal year · FY2026 vs reported FY2025 (revenue 3,419, adjusted EPS 10.17) · these revise on the print, and again after the call — each change shown with what caused it
Adjusted EPS follows Fabrinet's own definition. A dash is never an estimate.Last cycle's scorecard