v3.26.1
Business segments and geographic information
 12 Months Ended
Jun. 26, 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 U.S. GAAP and non-U.S. 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 U.S. GAAP and non-U.S. 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:
Years Ended
(in thousands of U.S. dollars, except per share data)June 26, 2026June 27, 2025June 28, 2024
Revenues$4,641,097 $3,419,327 $2,882,967 
Cost of revenues(4,084,586)(3,005,978)(2,526,849)
Gross profit556,511 413,349 356,118 
Selling, general and administrative expenses(93,507)(87,466)(78,481)
Restructuring and other related costs(117)(1,436)(32)
Operating income462,887 324,447 277,605 
Interest income32,418 40,162 33,204 
Interest expense(84)— (124)
Foreign exchange gain (loss), net2,866 (9,251)382 
Other income (expense), net57,026 (178)287 
Income before income taxes555,113 355,180 311,354 
Income tax expense(82,086)(22,653)(15,173)
Net income473,027 332,527 296,181 
For the Company’s revenues by geographic region, see “Revenue by Geographic Area and End Market” in Note 3.
The following table presents long-lived assets by the country in which they are based:
Years Ended
(in thousands)June 26,
2026		June 27,
2025		June 28,
2024
Long-Lived Assets:
Thailand$562,044 $338,127 $261,378 
U.S.35,610 30,374 31,383 
China18,698 14,378 16,618 
Israel2,149 2,727 2,269 
Others540 802 928 
Total619,041 386,408 312,576 
Significant customers
Total revenues, by percentage, from individual customers representing 10% or more of total revenues in the respective periods were as follows:
Years Ended
June 26,
2026		June 27,
2025		June 28,
2024
Cisco Systems, Inc.19.9 %18.2 %13.4 %
NVIDIA Corporation16.3 %27.6 %35.1 %
Nokia Corporation10.7 %**
Amazon.com, Inc.10.5 %**
*    Represents less than 10% of total revenues.
Accounts receivable from individual customers representing 10% or more of accounts receivable as of June 26, 2026 and June 27, 2025, respectively, were as follows:
As of June 26,
2026		As of June 27,
2025
Cisco Systems, Inc.16.1 %13.7 %
Nokia Corporation14.2 %12.0 %
Amazon.com, Inc.11.5 %*
NVIDIA Corporation*25.5 %
*    Represents less than 10% of total accounts receivable.