v3.26.3
Business segments and geographic information
 3 Months Ended
Sep. 25, 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 Ended
(in thousands of U.S. dollars)September 25,
2026		September 26,
2025
Revenues$1,474,459 $978,128 
Cost of revenues(1,300,661)(861,689)
        Gross profit173,798 116,439 
Selling, general and administrative expenses(26,744)(22,246)
Restructuring and other related costs(1,049)— 
Operating income146,005 94,193 
Interest income5,539 9,417 
Interest expense(231)— 
Foreign exchange gain (loss), net(220)(2,060)
Other income (expense), net(21,592)(122)
Income before income taxes129,501 101,428 
Income tax expense(26,004)(5,502)
Net income$103,497 $95,926 
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:
(in thousands)September 25,
2026		June 26,
2026
Long-Lived Assets:
  Thailand$644,815 $562,044 
  U.S.112,044 35,610 
  China22,490 18,698 
  Israel2,004 2,149 
  Others490 540 
Total$781,843 $619,041 
Significant customers
The Company had four and three customers, respectively, that each contributed to 10% or more of the Company's total trade accounts receivable as of September 25, 2026 and June 26, 2026.
During the three months ended September 25, 2026 and September 26, 2025, the Company had three customers for both periods, that each contributed 10% or more of the Company's revenues. Such customers together accounted for 46.7% and 51.5% of the Company revenues during the respective periods.