vs
Side-by-side financial comparison of DONALDSON Co INC (DCI) and Fabrinet (FN). Click either name above to swap in a different company.
Fabrinet is the larger business by last-quarter revenue ($1.1B vs $935.4M, roughly 1.2× DONALDSON Co INC). DONALDSON Co INC runs the higher net margin — 12.2% vs 9.9%, a 2.2% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs 3.9%). DONALDSON Co INC produced more free cash flow last quarter ($111.2M vs $-5.3M). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs 3.3%).
Donaldson Company, Inc. is a filtration company engaged in the production and marketing of filtration products used in a variety of industry sectors, including commercial/industrial, aerospace, chemical, alternative energy (windmills), food & beverage, and pharmaceuticals. Also the company's research division, located in Minneapolis, Minn., participated in defense-related projects for various military applications.
FabrinetFNEarnings & Financial Report
Below is a list of companies having stocks that are included in the S&P MidCap 400 stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-cap, mostly American, companies. Although called the S&P 400, the index sometimes contains more than 400 stocks when it includes two or more share classes of stock from one of its component companies.
DCI vs FN — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $935.4M | $1.1B |
| Net Profit | $113.9M | $112.6M |
| Gross Margin | 35.2% | 12.2% |
| Operating Margin | 16.0% | 10.1% |
| Net Margin | 12.2% | 9.9% |
| Revenue YoY | 3.9% | 35.9% |
| Net Profit YoY | 15.1% | 30.0% |
| EPS (diluted) | $0.97 | $3.11 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $935.4M | $1.1B | ||
| Q3 25 | $980.7M | $978.1M | ||
| Q2 25 | $940.1M | $909.7M | ||
| Q1 25 | $870.0M | $871.8M | ||
| Q4 24 | $900.1M | $833.6M | ||
| Q3 24 | $935.4M | $804.2M | ||
| Q2 24 | $927.9M | $753.3M | ||
| Q1 24 | $876.7M | $731.5M |
| Q4 25 | $113.9M | $112.6M | ||
| Q3 25 | $114.3M | $95.9M | ||
| Q2 25 | $57.8M | $87.2M | ||
| Q1 25 | $95.9M | $81.3M | ||
| Q4 24 | $99.0M | $86.6M | ||
| Q3 24 | $109.7M | $77.4M | ||
| Q2 24 | $113.5M | $81.1M | ||
| Q1 24 | $98.7M | $80.9M |
| Q4 25 | 35.2% | 12.2% | ||
| Q3 25 | 34.5% | 11.9% | ||
| Q2 25 | 34.2% | 12.2% | ||
| Q1 25 | 35.2% | 11.7% | ||
| Q4 24 | 35.5% | 12.1% | ||
| Q3 24 | 35.8% | 12.3% | ||
| Q2 24 | 35.6% | 12.3% | ||
| Q1 24 | 35.2% | 12.4% |
| Q4 25 | 16.0% | 10.1% | ||
| Q3 25 | 15.5% | 9.6% | ||
| Q2 25 | 9.3% | 9.8% | ||
| Q1 25 | 14.4% | 9.0% | ||
| Q4 24 | 14.5% | 9.5% | ||
| Q3 24 | 15.6% | 9.6% | ||
| Q2 24 | 15.5% | 9.7% | ||
| Q1 24 | 14.8% | 9.7% |
| Q4 25 | 12.2% | 9.9% | ||
| Q3 25 | 11.7% | 9.8% | ||
| Q2 25 | 6.1% | 9.6% | ||
| Q1 25 | 11.0% | 9.3% | ||
| Q4 24 | 11.0% | 10.4% | ||
| Q3 24 | 11.7% | 9.6% | ||
| Q2 24 | 12.2% | 10.8% | ||
| Q1 24 | 11.3% | 11.1% |
| Q4 25 | $0.97 | $3.11 | ||
| Q3 25 | $0.97 | $2.66 | ||
| Q2 25 | $0.48 | $2.41 | ||
| Q1 25 | $0.79 | $2.25 | ||
| Q4 24 | $0.81 | $2.38 | ||
| Q3 24 | $0.90 | $2.13 | ||
| Q2 24 | $0.92 | $2.22 | ||
| Q1 24 | $0.81 | $2.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $210.7M | $960.8M |
| Total DebtLower is stronger | $671.5M | — |
| Stockholders' EquityBook value | $1.5B | $2.2B |
| Total Assets | $3.0B | $3.3B |
| Debt / EquityLower = less leverage | 0.44× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $210.7M | $960.8M | ||
| Q3 25 | $180.4M | $968.8M | ||
| Q2 25 | $178.5M | $934.2M | ||
| Q1 25 | $189.1M | $950.7M | ||
| Q4 24 | $221.2M | $934.6M | ||
| Q3 24 | $232.7M | $908.9M | ||
| Q2 24 | $223.7M | $858.6M | ||
| Q1 24 | $193.8M | $794.0M |
| Q4 25 | $671.5M | — | ||
| Q3 25 | $630.4M | — | ||
| Q2 25 | $638.8M | — | ||
| Q1 25 | $514.7M | — | ||
| Q4 24 | $538.6M | — | ||
| Q3 24 | $483.4M | — | ||
| Q2 24 | $481.8M | — | ||
| Q1 24 | $352.0M | — |
| Q4 25 | $1.5B | $2.2B | ||
| Q3 25 | $1.5B | $2.1B | ||
| Q2 25 | $1.5B | $2.0B | ||
| Q1 25 | $1.5B | $1.9B | ||
| Q4 24 | $1.5B | $1.8B | ||
| Q3 24 | $1.5B | $1.8B | ||
| Q2 24 | $1.5B | $1.7B | ||
| Q1 24 | $1.4B | $1.7B |
| Q4 25 | $3.0B | $3.3B | ||
| Q3 25 | $3.0B | $3.0B | ||
| Q2 25 | $3.0B | $2.8B | ||
| Q1 25 | $3.0B | $2.6B | ||
| Q4 24 | $3.0B | $2.5B | ||
| Q3 24 | $2.9B | $2.4B | ||
| Q2 24 | $2.9B | $2.3B | ||
| Q1 24 | $2.8B | $2.2B |
| Q4 25 | 0.44× | — | ||
| Q3 25 | 0.43× | — | ||
| Q2 25 | 0.44× | — | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 0.35× | — | ||
| Q3 24 | 0.32× | — | ||
| Q2 24 | 0.32× | — | ||
| Q1 24 | 0.26× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $125.4M | $46.3M |
| Free Cash FlowOCF − Capex | $111.2M | $-5.3M |
| FCF MarginFCF / Revenue | 11.9% | -0.5% |
| Capex IntensityCapex / Revenue | 1.5% | 4.6% |
| Cash ConversionOCF / Net Profit | 1.10× | 0.41× |
| TTM Free Cash FlowTrailing 4 quarters | $403.2M | $102.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $125.4M | $46.3M | ||
| Q3 25 | $167.8M | $102.6M | ||
| Q2 25 | $87.7M | $55.1M | ||
| Q1 25 | $90.4M | $74.2M | ||
| Q4 24 | $72.9M | $115.9M | ||
| Q3 24 | $126.0M | $83.2M | ||
| Q2 24 | $141.5M | $83.1M | ||
| Q1 24 | $87.0M | $100.9M |
| Q4 25 | $111.2M | $-5.3M | ||
| Q3 25 | $147.5M | $57.3M | ||
| Q2 25 | $73.0M | $4.7M | ||
| Q1 25 | $71.5M | $45.7M | ||
| Q4 24 | $47.9M | $94.0M | ||
| Q3 24 | $106.2M | $62.9M | ||
| Q2 24 | $120.2M | $70.4M | ||
| Q1 24 | $65.7M | $87.3M |
| Q4 25 | 11.9% | -0.5% | ||
| Q3 25 | 15.0% | 5.9% | ||
| Q2 25 | 7.8% | 0.5% | ||
| Q1 25 | 8.2% | 5.2% | ||
| Q4 24 | 5.3% | 11.3% | ||
| Q3 24 | 11.4% | 7.8% | ||
| Q2 24 | 13.0% | 9.3% | ||
| Q1 24 | 7.5% | 11.9% |
| Q4 25 | 1.5% | 4.6% | ||
| Q3 25 | 2.1% | 4.6% | ||
| Q2 25 | 1.6% | 5.5% | ||
| Q1 25 | 2.2% | 3.3% | ||
| Q4 24 | 2.8% | 2.6% | ||
| Q3 24 | 2.1% | 2.5% | ||
| Q2 24 | 2.3% | 1.7% | ||
| Q1 24 | 2.4% | 1.9% |
| Q4 25 | 1.10× | 0.41× | ||
| Q3 25 | 1.47× | 1.07× | ||
| Q2 25 | 1.52× | 0.63× | ||
| Q1 25 | 0.94× | 0.91× | ||
| Q4 24 | 0.74× | 1.34× | ||
| Q3 24 | 1.15× | 1.07× | ||
| Q2 24 | 1.25× | 1.02× | ||
| Q1 24 | 0.88× | 1.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DCI
| Aftermarket Products | $447.1M | 48% |
| Industrial Filtration Solutions Products | $222.6M | 24% |
| Off Road Products | $86.5M | 9% |
| Life Sciences Segment | $80.0M | 9% |
| Other | $39.1M | 4% |
| Aerospace And Defense Products | $37.1M | 4% |
| On Road Products | $23.0M | 2% |
FN
| Optical Communications | $832.6M | 73% |
| Non Optical Communications | $300.3M | 27% |
