The EPS miss may pressure the stock initially despite strong revenue and guidance. Monitor post-market price action and analyst revisions. The raised Q4 guidance above consensus provides a positive counterbalance, so any dip could attract buyers if fundamentals remain intact.
Price Chart
Executive Summary
Fabrinet reported record Q3 FY2026 revenue of $1.214B (+39% YoY), beating consensus of $1.19B, but GAAP EPS of $3.45 missed the $3.56 estimate (-3.1%). Non-GAAP EPS of $3.72 beat consensus, and Q4 guidance was raised above expectations. The mixed results may lead to a neutral-to-negative initial reaction given the EPS miss despite strong top-line performance.
Key Financial Metrics
Key Facts
- Record Q3 revenue $1.214B, up 39% YoY, above $1.19B consensus
- GAAP diluted EPS $3.45 vs consensus $3.56 (miss of -3.1%)
- Non-GAAP diluted EPS $3.72 vs consensus $3.56 (beat of +4.5%)
- Q4 FY2026 guidance: revenue $1.25B-$1.29B, GAAP EPS $3.48-$3.63, above consensus $3.42
- Negative free cash flow of -$10.8M in Q3 due to elevated capex
Financial Impact
Revenue beat by ~2% ($24.3M), EPS miss by ~3% ($0.11)
Risk Factors
- GAAP EPS miss undermines near-term sentiment despite non-GAAP beat
- Negative free cash flow signals heavy capex; investors may question ROI
- Elevated inventory and receivables growth could indicate slowing demand
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3287159 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
May 22, 2026 19w ago | 144 | $703.86 $482.59 | ▼ −31.44% | ▼ −34.63% | $458.83 (−34.81%) |
May 4, 2026 21w ago | Press Release | $660.32 $439.33 | ▼ −33.47% | ▼ −36.21% | $458.83 (−30.51%) |
Apr 20, 2026 23w ago | Press Release | $695.52 $460.19 | ▼ −33.84% | ▼ −40.73% | $458.83 (−34.03%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access