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Side-by-side financial comparison of Fabrinet (FN) and Primerica, Inc. (PRI). Click either name above to swap in a different company.

Fabrinet is the larger business by last-quarter revenue ($1.1B vs $853.7M, roughly 1.3× Primerica, Inc.). Primerica, Inc. runs the higher net margin — 23.1% vs 9.9%, a 13.1% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs 11.0%). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs 7.2%).

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.

Primerica, Inc. is a multi-level marketing company that provides insurance, investment and financial services to middle-income families in the United States and Canada.

FN vs PRI — Head-to-Head

Bigger by revenue
FN
FN
1.3× larger
FN
$1.1B
$853.7M
PRI
Growing faster (revenue YoY)
FN
FN
+24.9% gap
FN
35.9%
11.0%
PRI
Higher net margin
PRI
PRI
13.1% more per $
PRI
23.1%
9.9%
FN
Faster 2-yr revenue CAGR
FN
FN
Annualised
FN
24.4%
7.2%
PRI

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
FN
FN
PRI
PRI
Revenue
$1.1B
$853.7M
Net Profit
$112.6M
$197.0M
Gross Margin
12.2%
Operating Margin
10.1%
28.9%
Net Margin
9.9%
23.1%
Revenue YoY
35.9%
11.0%
Net Profit YoY
30.0%
17.9%
EPS (diluted)
$3.11
$6.11

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
FN
FN
PRI
PRI
Q4 25
$1.1B
$853.7M
Q3 25
$978.1M
$839.9M
Q2 25
$909.7M
$793.3M
Q1 25
$871.8M
$804.8M
Q4 24
$833.6M
$768.8M
Q3 24
$804.2M
$774.1M
Q2 24
$753.3M
$803.4M
Q1 24
$731.5M
$742.8M
Net Profit
FN
FN
PRI
PRI
Q4 25
$112.6M
$197.0M
Q3 25
$95.9M
$206.8M
Q2 25
$87.2M
$178.3M
Q1 25
$81.3M
$169.1M
Q4 24
$86.6M
$167.1M
Q3 24
$77.4M
$164.4M
Q2 24
$81.1M
$1.2M
Q1 24
$80.9M
$137.9M
Gross Margin
FN
FN
PRI
PRI
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%
98.0%
Q1 24
12.4%
98.2%
Operating Margin
FN
FN
PRI
PRI
Q4 25
10.1%
28.9%
Q3 25
9.6%
32.3%
Q2 25
9.8%
29.6%
Q1 25
9.0%
27.5%
Q4 24
9.5%
64.7%
Q3 24
9.6%
32.9%
Q2 24
9.7%
1.0%
Q1 24
9.7%
24.1%
Net Margin
FN
FN
PRI
PRI
Q4 25
9.9%
23.1%
Q3 25
9.8%
24.6%
Q2 25
9.6%
22.5%
Q1 25
9.3%
21.0%
Q4 24
10.4%
21.7%
Q3 24
9.6%
21.2%
Q2 24
10.8%
0.1%
Q1 24
11.1%
18.6%
EPS (diluted)
FN
FN
PRI
PRI
Q4 25
$3.11
$6.11
Q3 25
$2.66
$6.35
Q2 25
$2.41
$5.40
Q1 25
$2.25
$5.05
Q4 24
$2.38
$4.92
Q3 24
$2.13
$4.83
Q2 24
$2.22
$0.03
Q1 24
$2.21
$3.93

Balance Sheet & Financial Strength

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

Metric
FN
FN
PRI
PRI
Cash + ST InvestmentsLiquidity on hand
$960.8M
$756.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$2.4B
Total Assets
$3.3B
$15.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FN
FN
PRI
PRI
Q4 25
$960.8M
$756.2M
Q3 25
$968.8M
$644.9M
Q2 25
$934.2M
$621.2M
Q1 25
$950.7M
$625.1M
Q4 24
$934.6M
$687.8M
Q3 24
$908.9M
$550.1M
Q2 24
$858.6M
$627.3M
Q1 24
$794.0M
$593.4M
Stockholders' Equity
FN
FN
PRI
PRI
Q4 25
$2.2B
$2.4B
Q3 25
$2.1B
$2.3B
Q2 25
$2.0B
$2.3B
Q1 25
$1.9B
$2.3B
Q4 24
$1.8B
$2.3B
Q3 24
$1.8B
$1.9B
Q2 24
$1.7B
$2.1B
Q1 24
$1.7B
$2.2B
Total Assets
FN
FN
PRI
PRI
Q4 25
$3.3B
$15.0B
Q3 25
$3.0B
$14.8B
Q2 25
$2.8B
$14.8B
Q1 25
$2.6B
$14.6B
Q4 24
$2.5B
$14.6B
Q3 24
$2.4B
$14.8B
Q2 24
$2.3B
$14.6B
Q1 24
$2.2B
$14.9B

Cash Flow & Capital Efficiency

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

Metric
FN
FN
PRI
PRI
Operating Cash FlowLast quarter
$46.3M
$338.2M
Free Cash FlowOCF − Capex
$-5.3M
FCF MarginFCF / Revenue
-0.5%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
0.41×
1.72×
TTM Free Cash FlowTrailing 4 quarters
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FN
FN
PRI
PRI
Q4 25
$46.3M
$338.2M
Q3 25
$102.6M
$202.9M
Q2 25
$55.1M
$162.6M
Q1 25
$74.2M
$197.5M
Q4 24
$115.9M
$270.6M
Q3 24
$83.2M
$207.3M
Q2 24
$83.1M
$173.3M
Q1 24
$100.9M
$210.9M
Free Cash Flow
FN
FN
PRI
PRI
Q4 25
$-5.3M
Q3 25
$57.3M
Q2 25
$4.7M
Q1 25
$45.7M
Q4 24
$94.0M
Q3 24
$62.9M
Q2 24
$70.4M
Q1 24
$87.3M
FCF Margin
FN
FN
PRI
PRI
Q4 25
-0.5%
Q3 25
5.9%
Q2 25
0.5%
Q1 25
5.2%
Q4 24
11.3%
Q3 24
7.8%
Q2 24
9.3%
Q1 24
11.9%
Capex Intensity
FN
FN
PRI
PRI
Q4 25
4.6%
Q3 25
4.6%
Q2 25
5.5%
Q1 25
3.3%
Q4 24
2.6%
Q3 24
2.5%
Q2 24
1.7%
Q1 24
1.9%
Cash Conversion
FN
FN
PRI
PRI
Q4 25
0.41×
1.72×
Q3 25
1.07×
0.98×
Q2 25
0.63×
0.91×
Q1 25
0.91×
1.17×
Q4 24
1.34×
1.62×
Q3 24
1.07×
1.26×
Q2 24
1.02×
147.98×
Q1 24
1.25×
1.53×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FN
FN

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

PRI
PRI

Revenues From Sources Other Than Contracts With Customers$445.9M52%
Investment And Savings Products Segment Revenues$340.3M40%
Other$56.5M7%
Segment Revenues From Contracts With Customers$11.0M1%

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