v3.26.1
Business segments and geographic information
 9 Months Ended
Mar. 27, 2026
Segment Reporting [Abstract]  
Business segments and geographic information Business segments and geographic information
The Company manages its business activities on a consolidated basis and operates as a single operating segment. The Company’s chief operating decision maker (“CODM”) is Fabrinet’s Chief Executive Officer.
The CODM utilizes GAAP and non-GAAP measures of profit and loss to evaluate the Company’s financial performance, allocate resources, make key operating decisions, and compare actual results to forecasts. The CODM reviews and utilizes functional expenses (cost of revenue, and selling, general and administrative expenses) at the consolidated level to manage the Company’s operations. Other items included in GAAP and non-GAAP net income are interest income, other income (expense), net and income tax expense, which are reflected in the consolidated statements of operations and comprehensive income. The measure of segment assets is reported on the consolidated balance sheets as total assets, although the CODM does not evaluate asset information for purposes of allocating resources or evaluating performance.
The following table provides information about the Company's revenue, significant segment expenses and other segment expenses:
Three Months EndedNine Months Ended
(in thousands of U.S. dollars, except per share data)March 27,
2026		March 28,
2025		March 27,
2026		March 28,
2025
Revenues$1,214,293 $871,799 $3,325,309 $2,509,635 
Cost of revenues(1,069,954)(769,616)(2,926,849)(2,207,577)
        Gross profit144,339 102,183 398,460 302,058 
Selling, general and administrative expenses(24,295)(22,063)(69,822)(65,300)
Restructuring and other related costs— (1,264)— (1,367)
Operating income120,044 78,856 328,638 235,391 
Interest income7,421 10,145 25,393 32,392 
Foreign exchange gain (loss), net6,989 (2,675)1,715 (5,728)
Other income (expense), net(212)(30)(351)(111)
Income before income taxes134,242 86,296 355,395 261,944 
Income tax expense(9,029)(5,006)(21,628)(16,624)
Net income$125,213 $81,290 $333,767 $245,320 
For the Company’s revenues by geographic region, see “Revenue by Geographic Area, End Market and Product Category” in Note 3.
The following table presents long-lived assets by the country in which they are based:
(in thousands)March 27,
2026		June 27,
2025
Long-Lived Assets:
  Thailand$475,028 $338,127 
  U.S.35,851 30,374 
  China15,648 14,378 
  Israel2,290 2,727 
  Others590 802 
Total$529,407 $386,408 
Significant customers
The Company had three customers that each contributed to 10% or more of the Company's total trade accounts receivable as of March 27, 2026 and June 27, 2025.
During the nine months ended March 27, 2026 and March 28, 2025, the Company had four and two customers, respectively, that each contributed 10% or more of the Company's revenues. Such customers together accounted for 58.1% and 47.5% of the Company revenues during the respective periods.