Fabrinet
NYSE:FN
Income Statement
Earnings Waterfall
Fabrinet
Revenue
|
2.7B
USD
|
Cost of Revenue
|
-2.4B
USD
|
Gross Profit
|
341m
USD
|
Operating Expenses
|
-84.8m
USD
|
Operating Income
|
256.2m
USD
|
Other Expenses
|
-1.8m
USD
|
Net Income
|
254.4m
USD
|
Income Statement
Fabrinet
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
666
N/A
|
678
+2%
|
678
+0%
|
696
+3%
|
706
+1%
|
727
+3%
|
774
+6%
|
801
+4%
|
845
+6%
|
907
+7%
|
977
+8%
|
1 092
+12%
|
1 211
+11%
|
1 326
+10%
|
1 421
+7%
|
1 446
+2%
|
1 432
-1%
|
1 397
-2%
|
1 372
-2%
|
1 392
+1%
|
1 458
+5%
|
1 525
+5%
|
1 584
+4%
|
1 607
+1%
|
1 630
+1%
|
1 642
+1%
|
1 642
N/A
|
1 679
+2%
|
1 707
+2%
|
1 775
+4%
|
1 879
+6%
|
1 986
+6%
|
2 099
+6%
|
2 184
+4%
|
2 262
+4%
|
2 374
+5%
|
2 476
+4%
|
2 577
+4%
|
2 645
+3%
|
2 675
+1%
|
2 719
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(593)
|
(604)
|
(604)
|
(620)
|
(629)
|
(646)
|
(686)
|
(707)
|
(745)
|
(797)
|
(857)
|
(959)
|
(1 063)
|
(1 166)
|
(1 249)
|
(1 274)
|
(1 265)
|
(1 238)
|
(1 219)
|
(1 238)
|
(1 296)
|
(1 353)
|
(1 405)
|
(1 422)
|
(1 441)
|
(1 456)
|
(1 456)
|
(1 489)
|
(1 512)
|
(1 568)
|
(1 658)
|
(1 752)
|
(1 848)
|
(1 919)
|
(1 984)
|
(2 077)
|
(2 163)
|
(2 248)
|
(2 309)
|
(2 337)
|
(2 378)
|
|
Gross Profit |
73
N/A
|
74
+1%
|
74
+1%
|
76
+3%
|
77
+1%
|
81
+6%
|
88
+8%
|
93
+6%
|
101
+8%
|
110
+9%
|
120
+8%
|
133
+11%
|
148
+11%
|
160
+9%
|
172
+7%
|
172
+0%
|
166
-3%
|
159
-4%
|
153
-4%
|
153
N/A
|
162
+5%
|
172
+6%
|
179
+4%
|
185
+3%
|
189
+2%
|
186
-1%
|
186
N/A
|
191
+2%
|
194
+2%
|
207
+6%
|
221
+7%
|
235
+6%
|
251
+7%
|
265
+6%
|
279
+5%
|
298
+7%
|
314
+5%
|
329
+5%
|
336
+2%
|
338
+0%
|
341
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(26)
|
(26)
|
(28)
|
(30)
|
(33)
|
(36)
|
(39)
|
(43)
|
(46)
|
(49)
|
(50)
|
(54)
|
(58)
|
(63)
|
(66)
|
(66)
|
(61)
|
(56)
|
(58)
|
(57)
|
(56)
|
(58)
|
(55)
|
(57)
|
(61)
|
(64)
|
(68)
|
(70)
|
(70)
|
(71)
|
(71)
|
(74)
|
(75)
|
(73)
|
(74)
|
(74)
|
(75)
|
(76)
|
(78)
|
(85)
|
(85)
|
|
Selling, General & Administrative |
(26)
|
(26)
|
(28)
|
(30)
|
(33)
|
(35)
|
(40)
|
(43)
|
(46)
|
(49)
|
(50)
|
(54)
|
(58)
|
(62)
|
(66)
|
(66)
|
(61)
|
(56)
|
(58)
|
(57)
|
(56)
|
(58)
|
(55)
|
(57)
|
(61)
|
(64)
|
(68)
|
(69)
|
(69)
|
(71)
|
(71)
|
(74)
|
(75)
|
(73)
|
(74)
|
(74)
|
(75)
|
(76)
|
(78)
|
(78)
|
(78)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
(7)
|
|
Operating Income |
47
N/A
|
47
+1%
|
47
-1%
|
46
0%
|
44
-6%
|
46
+5%
|
48
+6%
|
51
+5%
|
55
+8%
|
62
+13%
|
70
+13%
|
80
+14%
|
90
+13%
|
98
+9%
|
106
+8%
|
107
+1%
|
105
-1%
|
103
-2%
|
96
-7%
|
97
+1%
|
106
+9%
|
114
+8%
|
124
+9%
|
128
+3%
|
128
-1%
|
122
-4%
|
118
-4%
|
121
+3%
|
125
+3%
|
136
+9%
|
151
+11%
|
160
+6%
|
176
+10%
|
192
+9%
|
205
+7%
|
224
+9%
|
239
+7%
|
253
+6%
|
259
+2%
|
254
-2%
|
256
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
0
|
1
|
(0)
|
1
|
1
|
1
|
(10)
|
(4)
|
(1)
|
(2)
|
9
|
5
|
(2)
|
(3)
|
(5)
|
(9)
|
(7)
|
(6)
|
(0)
|
0
|
0
|
3
|
(3)
|
(2)
|
2
|
1
|
4
|
4
|
3
|
3
|
5
|
4
|
3
|
4
|
5
|
3
|
5
|
9
|
12
|
17
|
|
Non-Reccuring Items |
22
|
49
|
45
|
38
|
37
|
(1)
|
(1)
|
(2)
|
(1)
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(0)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(6)
|
(7)
|
0
|
0
|
|
Total Other Income |
1
|
1
|
1
|
1
|
1
|
0
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
(4)
|
(4)
|
(5)
|
(5)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
|
Pre-Tax Income |
71
N/A
|
97
+37%
|
93
-4%
|
85
-9%
|
82
-4%
|
45
-44%
|
48
+5%
|
39
-19%
|
50
+29%
|
61
+22%
|
68
+12%
|
90
+32%
|
96
+7%
|
97
+1%
|
104
+7%
|
102
-2%
|
96
-6%
|
95
-1%
|
88
-7%
|
95
+8%
|
106
+12%
|
114
+7%
|
126
+11%
|
125
-1%
|
126
+1%
|
125
-1%
|
119
-4%
|
126
+6%
|
129
+2%
|
139
+8%
|
151
+8%
|
161
+7%
|
175
+9%
|
189
+8%
|
207
+9%
|
227
+10%
|
241
+6%
|
251
+4%
|
260
+4%
|
265
+2%
|
274
+3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(0)
|
(1)
|
(2)
|
(4)
|
(4)
|
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(8)
|
(7)
|
(7)
|
(6)
|
(6)
|
(4)
|
(4)
|
(3)
|
(3)
|
(5)
|
(6)
|
(7)
|
(6)
|
(6)
|
(5)
|
(4)
|
(5)
|
(2)
|
(1)
|
(1)
|
(3)
|
(7)
|
(7)
|
(7)
|
(8)
|
(12)
|
(17)
|
(19)
|
|
Income from Continuing Operations |
70
|
97
|
92
|
84
|
78
|
41
|
44
|
34
|
45
|
55
|
62
|
83
|
89
|
90
|
97
|
95
|
89
|
89
|
84
|
91
|
103
|
111
|
121
|
119
|
119
|
119
|
114
|
121
|
125
|
134
|
148
|
160
|
174
|
187
|
200
|
220
|
235
|
243
|
248
|
249
|
254
|
|
Net Income (Common) |
70
N/A
|
97
+38%
|
92
-5%
|
84
-9%
|
78
-7%
|
41
-47%
|
44
+7%
|
34
-22%
|
45
+33%
|
55
+22%
|
62
+12%
|
83
+34%
|
89
+7%
|
90
+1%
|
97
+8%
|
95
-2%
|
89
-6%
|
89
-1%
|
84
-5%
|
91
+8%
|
103
+13%
|
111
+7%
|
121
+9%
|
119
-2%
|
119
0%
|
119
0%
|
114
-4%
|
121
+6%
|
125
+3%
|
134
+7%
|
148
+11%
|
160
+8%
|
174
+8%
|
187
+8%
|
200
+7%
|
220
+10%
|
235
+6%
|
243
+4%
|
248
+2%
|
249
+0%
|
254
+2%
|
|
EPS (Diluted) |
1.96
N/A
|
2.69
+37%
|
2.58
-4%
|
2.34
-9%
|
2.17
-7%
|
1.14
-47%
|
1.21
+6%
|
0.94
-22%
|
1.24
+32%
|
1.5
+21%
|
1.68
+12%
|
2.24
+33%
|
2.34
+4%
|
2.38
+2%
|
2.57
+8%
|
2.51
-2%
|
2.35
-6%
|
2.33
-1%
|
2.22
-5%
|
2.45
+10%
|
2.75
+12%
|
2.96
+8%
|
3.23
+9%
|
3.17
-2%
|
3.16
0%
|
3.15
0%
|
3.01
-4%
|
3.21
+7%
|
3.32
+3%
|
3.57
+8%
|
3.95
+11%
|
4.27
+8%
|
4.63
+8%
|
4.98
+8%
|
5.36
+8%
|
5.98
+12%
|
6.36
+6%
|
6.58
+3%
|
6.73
+2%
|
6.8
+1%
|
6.94
+2%
|