News

Fabrinet has announced its financial results for the third quarter of fiscal year 2025, 

which ended on 28 March 2025. The report showed that the company reported 

record third quarter revenue of $872 million, up 19% year-over-year, exceeding 

previous expectations. Non-GAAP earnings per share were $2.52, again above the 

guidance range.


Seamus Grady, Fabrinet's Chief Executive Officer, said, ‘We had a very strong third 

quarter, with revenues of $872 million, which exceeded the expected range. Strong 

growth in our telecoms business fully offset the expected decline in datacom revenues. 

Our team executed well and non-GAAP earnings per share exceeded guidance. Looking 

ahead, we remain optimistic and confident about our performance in the fourth quarter 

and in fiscal 2026.’


Financial data showed that revenue for the third quarter of fiscal 2025 was $872 million, 

an increase of 19.2% from $732 million in the same period of fiscal 2024. This growth 

was driven by higher demand for both optical and non-optical communications 

products. Of the total, optical communications products revenue was $657 million, 

or 75.4% of total revenue, an increase of 11.1% year-over-year, primarily from revenue 

growth in data communications products for artificial intelligence applications and 

telecommunications products. Revenue from non-optical communication products 

was US$215 million, accounting for 24.6 per cent of total revenue, an increase of 53.2 

per cent year-on-year, mainly due to revenue growth in the automotive business, where 

short-term inventory digestion issues have been significantly alleviated.


Optical communications revenue for the quarter was $657 million (75.4% of total 

revenue), compared to $591 million in the same quarter last year.


By application market, telecom revenue was US$406 million, compared to US$286 

million in the same period last year, while data communication revenue was US$251 

million, compared to US$306 million in the same period last year.


By technology, silicon optical revenue was $135 million, compared to $112 million 

in the same period last year; non-silicon optical revenue was $522 million, compared 

to $480 million in the same period last year.


By rate, 800-Gig and above rate product revenue was US$236 million, compared to 

US$257 million in the same period last year; below 800-Gig product revenue was 

US$284 million, compared to US$224 million in the same period last year; and non-rate 

product revenue was US$137 million, compared to US$111 million in the same period last year.