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Side-by-side financial comparison of Fabrinet (FN) and Noble Corp plc (NE). Click either name above to swap in a different company.
Fabrinet is the larger business by last-quarter revenue ($1.1B vs $764.4M, roughly 1.5× Noble Corp plc). Noble Corp plc runs the higher net margin — 11.3% vs 9.9%, a 1.4% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs -17.6%). Noble Corp plc produced more free cash flow last quarter ($35.4M vs $-5.3M). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs 9.5%).
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.
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
FN vs NE — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $764.4M |
| Net Profit | $112.6M | $86.6M |
| Gross Margin | 12.2% | — |
| Operating Margin | 10.1% | 5.6% |
| Net Margin | 9.9% | 11.3% |
| Revenue YoY | 35.9% | -17.6% |
| Net Profit YoY | 30.0% | -10.4% |
| EPS (diluted) | $3.11 | $0.54 |
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 | $1.1B | $764.4M | ||
| Q3 25 | $978.1M | $798.0M | ||
| Q2 25 | $909.7M | $848.7M | ||
| Q1 25 | $871.8M | $874.5M | ||
| Q4 24 | $833.6M | $927.3M | ||
| Q3 24 | $804.2M | $800.5M | ||
| Q2 24 | $753.3M | $692.8M | ||
| Q1 24 | $731.5M | $637.1M |
| Q4 25 | $112.6M | $86.6M | ||
| Q3 25 | $95.9M | $-21.1M | ||
| Q2 25 | $87.2M | $42.9M | ||
| Q1 25 | $81.3M | $108.3M | ||
| Q4 24 | $86.6M | $96.6M | ||
| Q3 24 | $77.4M | $61.2M | ||
| Q2 24 | $81.1M | $195.0M | ||
| Q1 24 | $80.9M | $95.5M |
| Q4 25 | 12.2% | — | ||
| Q3 25 | 11.9% | — | ||
| Q2 25 | 12.2% | — | ||
| Q1 25 | 11.7% | — | ||
| Q4 24 | 12.1% | — | ||
| Q3 24 | 12.3% | — | ||
| Q2 24 | 12.3% | — | ||
| Q1 24 | 12.4% | — |
| Q4 25 | 10.1% | 5.6% | ||
| Q3 25 | 9.6% | 6.3% | ||
| Q2 25 | 9.8% | 15.9% | ||
| Q1 25 | 9.0% | 21.4% | ||
| Q4 24 | 9.5% | 18.4% | ||
| Q3 24 | 9.6% | 14.4% | ||
| Q2 24 | 9.7% | 30.3% | ||
| Q1 24 | 9.7% | 16.9% |
| Q4 25 | 9.9% | 11.3% | ||
| Q3 25 | 9.8% | -2.6% | ||
| Q2 25 | 9.6% | 5.1% | ||
| Q1 25 | 9.3% | 12.4% | ||
| Q4 24 | 10.4% | 10.4% | ||
| Q3 24 | 9.6% | 7.6% | ||
| Q2 24 | 10.8% | 28.1% | ||
| Q1 24 | 11.1% | 15.0% |
| Q4 25 | $3.11 | $0.54 | ||
| Q3 25 | $2.66 | $-0.13 | ||
| Q2 25 | $2.41 | $0.27 | ||
| Q1 25 | $2.25 | $0.67 | ||
| Q4 24 | $2.38 | $0.56 | ||
| Q3 24 | $2.13 | $0.40 | ||
| Q2 24 | $2.22 | $1.34 | ||
| Q1 24 | $2.21 | $0.66 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $960.8M | $471.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.2B | $4.5B |
| Total Assets | $3.3B | $7.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $960.8M | $471.4M | ||
| Q3 25 | $968.8M | $477.9M | ||
| Q2 25 | $934.2M | $338.2M | ||
| Q1 25 | $950.7M | $303.8M | ||
| Q4 24 | $934.6M | $247.3M | ||
| Q3 24 | $908.9M | $391.9M | ||
| Q2 24 | $858.6M | $162.9M | ||
| Q1 24 | $794.0M | $212.5M |
| Q4 25 | $2.2B | $4.5B | ||
| Q3 25 | $2.1B | $4.5B | ||
| Q2 25 | $2.0B | $4.6B | ||
| Q1 25 | $1.9B | $4.7B | ||
| Q4 24 | $1.8B | $4.7B | ||
| Q3 24 | $1.8B | $4.7B | ||
| Q2 24 | $1.7B | $4.0B | ||
| Q1 24 | $1.7B | $3.9B |
| Q4 25 | $3.3B | $7.5B | ||
| Q3 25 | $3.0B | $7.6B | ||
| Q2 25 | $2.8B | $7.7B | ||
| Q1 25 | $2.6B | $7.9B | ||
| Q4 24 | $2.5B | $8.0B | ||
| Q3 24 | $2.4B | $8.0B | ||
| Q2 24 | $2.3B | $5.6B | ||
| Q1 24 | $2.2B | $5.4B |
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 | $46.3M | $187.1M |
| Free Cash FlowOCF − Capex | $-5.3M | $35.4M |
| FCF MarginFCF / Revenue | -0.5% | 4.6% |
| Capex IntensityCapex / Revenue | 4.6% | 19.9% |
| Cash ConversionOCF / Net Profit | 0.41× | 2.16× |
| TTM Free Cash FlowTrailing 4 quarters | $102.3M | $432.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $46.3M | $187.1M | ||
| Q3 25 | $102.6M | $277.1M | ||
| Q2 25 | $55.1M | $216.4M | ||
| Q1 25 | $74.2M | $271.1M | ||
| Q4 24 | $115.9M | $136.2M | ||
| Q3 24 | $83.2M | $283.8M | ||
| Q2 24 | $83.1M | $106.8M | ||
| Q1 24 | $100.9M | $128.7M |
| Q4 25 | $-5.3M | $35.4M | ||
| Q3 25 | $57.3M | $139.5M | ||
| Q2 25 | $4.7M | $99.8M | ||
| Q1 25 | $45.7M | $157.5M | ||
| Q4 24 | $94.0M | $-4.4M | ||
| Q3 24 | $62.9M | $156.8M | ||
| Q2 24 | $70.4M | $-34.3M | ||
| Q1 24 | $87.3M | $-37.9M |
| Q4 25 | -0.5% | 4.6% | ||
| Q3 25 | 5.9% | 17.5% | ||
| Q2 25 | 0.5% | 11.8% | ||
| Q1 25 | 5.2% | 18.0% | ||
| Q4 24 | 11.3% | -0.5% | ||
| Q3 24 | 7.8% | 19.6% | ||
| Q2 24 | 9.3% | -4.9% | ||
| Q1 24 | 11.9% | -6.0% |
| Q4 25 | 4.6% | 19.9% | ||
| Q3 25 | 4.6% | 17.3% | ||
| Q2 25 | 5.5% | 13.7% | ||
| Q1 25 | 3.3% | 13.0% | ||
| Q4 24 | 2.6% | 15.2% | ||
| Q3 24 | 2.5% | 15.9% | ||
| Q2 24 | 1.7% | 20.4% | ||
| Q1 24 | 1.9% | 26.2% |
| Q4 25 | 0.41× | 2.16× | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 0.63× | 5.05× | ||
| Q1 25 | 0.91× | 2.50× | ||
| Q4 24 | 1.34× | 1.41× | ||
| Q3 24 | 1.07× | 4.64× | ||
| Q2 24 | 1.02× | 0.55× | ||
| Q1 24 | 1.25× | 1.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FN
| Optical Communications | $832.6M | 73% |
| Non Optical Communications | $300.3M | 27% |
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
