Fabrinet (FN) Q4 2026 Earnings Call Transcript

Chairman and Chief Executive Officer - Seamus Grady

Vice President of Investor Relations - Garo Toomajanian

Operator: Good afternoon. Welcome to Cybernet Financial Results Conference Call for the Fourth Quarter of Fiscal Year 26. At this time, all participants are in a listen-only mode. Later, we will conduct a question and answer session and instructions on how to participate will be provided at that time. As a reminder, today's call is being recorded. I would now like to turn the call over to your host, Garo Toomajanian, vice president of investor relations.

Garo Toomajanian: Thank you, operator, and good afternoon, everyone. Thank you for joining us on today's conference call to discuss Fabrinet's financial and operating results for the fourth quarter of fiscal year 26. Which ended June 26, 2026. With me on the call today are Seamus Grady, chairman and chief executive officer and Csaba Sverha, Chief Financial Officer. This call is being webcast, and a replay will be available on the Investors section of our website. Located at investor.fabrinet.com. During this call, we will present both GAAP and non GAAP financial measures.

Please refer to the Investors section of our website for important information including our earnings press release and investor presentation, which include our GAAP to non-GAAP reconciliation, as well as additional details of our revenue breakdown. In addition, today's discussion will contain forward looking statements about the future financial performance of the company. Forward looking statements are subject to risks and uncertainties that could cause actual results to differ materially from management's current expectations. These statements reflect our opinions only as of the date of this presentation and we undertake no obligation to revise them in light of new information or future events except as required by law.

For a description of the risk factors that may affect our results, please refer to our recent SEC filings in particular the section captioned Risk Factors in our Form 10 Q filed on 05/05/2026. We will begin the call with remarks from Seamus and Csaba Sverha, followed by time for questions. I would now like to turn the call over to Fabrinet's Chairman and CEO, Seamus Grady. Seamus?

Seamus Grady: Thank you, Garo. Good afternoon, everyone, and thank you for joining our call today. We are delighted to report an outstanding fourth quarter that ended a remarkable year of accelerating year over year revenue growth. And we are enthusiastic that our momentum will extend in the first quarter and through fiscal year 27. Fourth quarter revenue of $1.316 billion increased 45% year over year. And exceeded the top end of our guidance range. This revenue upside flowed through to the bottom line, with non-GAAP EPS of $4.10 which was also above our guidance range. We were pleased to see success from multiple sustainable growth drivers simultaneously supporting our business, as we closed out fiscal 26.