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Side-by-side financial comparison of FLOWSERVE CORP (FLS) 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 $1.1B, roughly 1.1× FLOWSERVE CORP). Fabrinet runs the higher net margin — 9.9% vs 7.6%, a 2.3% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs -6.7%). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs -3.9%).

The Flowserve Corporation is an American multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves, end face mechanical seals, automation, and services to the power, oil, gas, chemical and other industries. Headquartered in Irving, Texas, which is in the Dallas–Fort Worth Metroplex, Flowserve employs close to 16,000 employees in more than 50 countries. Flowserve sells products and offers aftermarket services to engineering and c...

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.

FLS vs FN — Head-to-Head

Bigger by revenue
FN
FN
1.1× larger
FN
$1.1B
$1.1B
FLS
Growing faster (revenue YoY)
FN
FN
+42.6% gap
FN
35.9%
-6.7%
FLS
Higher net margin
FN
FN
2.3% more per $
FN
9.9%
7.6%
FLS
Faster 2-yr revenue CAGR
FN
FN
Annualised
FN
24.4%
-3.9%
FLS

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
FLS
FLS
FN
FN
Revenue
$1.1B
$1.1B
Net Profit
$81.7M
$112.6M
Gross Margin
35.6%
12.2%
Operating Margin
11.2%
10.1%
Net Margin
7.6%
9.9%
Revenue YoY
-6.7%
35.9%
Net Profit YoY
10.5%
30.0%
EPS (diluted)
$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.

Revenue
FLS
FLS
FN
FN
Q1 26
$1.1B
Q4 25
$1.2B
$1.1B
Q3 25
$1.2B
$978.1M
Q2 25
$1.2B
$909.7M
Q1 25
$1.1B
$871.8M
Q4 24
$1.2B
$833.6M
Q3 24
$1.1B
$804.2M
Q2 24
$1.2B
$753.3M
Net Profit
FLS
FLS
FN
FN
Q1 26
$81.7M
Q4 25
$-29.0M
$112.6M
Q3 25
$219.6M
$95.9M
Q2 25
$81.8M
$87.2M
Q1 25
$73.9M
$81.3M
Q4 24
$77.5M
$86.6M
Q3 24
$58.4M
$77.4M
Q2 24
$72.6M
$81.1M
Gross Margin
FLS
FLS
FN
FN
Q1 26
35.6%
Q4 25
34.8%
12.2%
Q3 25
32.4%
11.9%
Q2 25
34.2%
12.2%
Q1 25
32.3%
11.7%
Q4 24
31.5%
12.1%
Q3 24
31.5%
12.3%
Q2 24
31.6%
12.3%
Operating Margin
FLS
FLS
FN
FN
Q1 26
11.2%
Q4 25
3.5%
10.1%
Q3 25
6.7%
9.6%
Q2 25
12.3%
9.8%
Q1 25
11.5%
9.0%
Q4 24
10.6%
9.5%
Q3 24
9.1%
9.6%
Q2 24
10.5%
9.7%
Net Margin
FLS
FLS
FN
FN
Q1 26
7.6%
Q4 25
-2.4%
9.9%
Q3 25
18.7%
9.8%
Q2 25
6.9%
9.6%
Q1 25
6.5%
9.3%
Q4 24
6.6%
10.4%
Q3 24
5.2%
9.6%
Q2 24
6.3%
10.8%
EPS (diluted)
FLS
FLS
FN
FN
Q1 26
Q4 25
$-0.21
$3.11
Q3 25
$1.67
$2.66
Q2 25
$0.62
$2.41
Q1 25
$0.56
$2.25
Q4 24
$0.59
$2.38
Q3 24
$0.44
$2.13
Q2 24
$0.55
$2.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLS
FLS
FN
FN
Cash + ST InvestmentsLiquidity on hand
$792.4M
$960.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.3B
$2.2B
Total Assets
$5.7B
$3.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLS
FLS
FN
FN
Q1 26
$792.4M
Q4 25
$760.2M
$960.8M
Q3 25
$968.8M
Q2 25
$934.2M
Q1 25
$950.7M
Q4 24
$675.4M
$934.6M
Q3 24
$908.9M
Q2 24
$858.6M
Total Debt
FLS
FLS
FN
FN
Q1 26
Q4 25
$1.6B
Q3 25
Q2 25
Q1 25
Q4 24
$1.5B
Q3 24
Q2 24
Stockholders' Equity
FLS
FLS
FN
FN
Q1 26
$2.3B
Q4 25
$2.2B
$2.2B
Q3 25
$2.3B
$2.1B
Q2 25
$2.2B
$2.0B
Q1 25
$2.1B
$1.9B
Q4 24
$2.0B
$1.8B
Q3 24
$2.1B
$1.8B
Q2 24
$2.0B
$1.7B
Total Assets
FLS
FLS
FN
FN
Q1 26
$5.7B
Q4 25
$5.7B
$3.3B
Q3 25
$5.8B
$3.0B
Q2 25
$5.7B
$2.8B
Q1 25
$5.5B
$2.6B
Q4 24
$5.5B
$2.5B
Q3 24
$5.3B
$2.4B
Q2 24
$5.2B
$2.3B
Debt / Equity
FLS
FLS
FN
FN
Q1 26
Q4 25
0.72×
Q3 25
Q2 25
Q1 25
Q4 24
0.75×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLS
FLS
FN
FN
Operating Cash FlowLast quarter
$46.3M
Free Cash FlowOCF − Capex
$-5.3M
FCF MarginFCF / Revenue
-0.5%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
0.41×
TTM Free Cash FlowTrailing 4 quarters
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLS
FLS
FN
FN
Q1 26
Q4 25
$-174.0K
$46.3M
Q3 25
$401.8M
$102.6M
Q2 25
$154.1M
$55.1M
Q1 25
$-49.9M
$74.2M
Q4 24
$197.3M
$115.9M
Q3 24
$178.5M
$83.2M
Q2 24
$-12.8M
$83.1M
Free Cash Flow
FLS
FLS
FN
FN
Q1 26
Q4 25
$-25.6M
$-5.3M
Q3 25
$384.7M
$57.3M
Q2 25
$137.5M
$4.7M
Q1 25
$-61.7M
$45.7M
Q4 24
$168.5M
$94.0M
Q3 24
$154.6M
$62.9M
Q2 24
$-27.5M
$70.4M
FCF Margin
FLS
FLS
FN
FN
Q1 26
Q4 25
-2.1%
-0.5%
Q3 25
32.8%
5.9%
Q2 25
11.6%
0.5%
Q1 25
-5.4%
5.2%
Q4 24
14.3%
11.3%
Q3 24
13.6%
7.8%
Q2 24
-2.4%
9.3%
Capex Intensity
FLS
FLS
FN
FN
Q1 26
Q4 25
2.1%
4.6%
Q3 25
1.5%
4.6%
Q2 25
1.4%
5.5%
Q1 25
1.0%
3.3%
Q4 24
2.4%
2.6%
Q3 24
2.1%
2.5%
Q2 24
1.3%
1.7%
Cash Conversion
FLS
FLS
FN
FN
Q1 26
Q4 25
0.41×
Q3 25
1.83×
1.07×
Q2 25
1.89×
0.63×
Q1 25
-0.68×
0.91×
Q4 24
2.55×
1.34×
Q3 24
3.06×
1.07×
Q2 24
-0.18×
1.02×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FLS
FLS

Segment breakdown not available.

FN
FN

Optical Communications$832.6M73%
Non Optical Communications$300.3M27%

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