vs

Side-by-side financial comparison of Fabrinet (FN) and PATTERSON UTI ENERGY INC (PTEN). 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 1.0× PATTERSON UTI ENERGY INC). Fabrinet runs the higher net margin — 9.9% vs -2.2%, a 12.1% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs -12.7%). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs -8.4%).

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.

Patterson UTI Energy Inc. is a leading oilfield services provider offering onshore contract drilling, pressure pumping, well completion and related support services. It primarily serves upstream oil and gas operators across North America, operating in major unconventional resource basins including shale and tight gas formations.

FN vs PTEN — Head-to-Head

Bigger by revenue
FN
FN
1.0× larger
FN
$1.1B
$1.1B
PTEN
Growing faster (revenue YoY)
FN
FN
+48.6% gap
FN
35.9%
-12.7%
PTEN
Higher net margin
FN
FN
12.1% more per $
FN
9.9%
-2.2%
PTEN
Faster 2-yr revenue CAGR
FN
FN
Annualised
FN
24.4%
-8.4%
PTEN

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
FN
FN
PTEN
PTEN
Revenue
$1.1B
$1.1B
Net Profit
$112.6M
$-24.5M
Gross Margin
12.2%
Operating Margin
10.1%
Net Margin
9.9%
-2.2%
Revenue YoY
35.9%
-12.7%
Net Profit YoY
30.0%
-166.1%
EPS (diluted)
$3.11
$-0.06

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
PTEN
PTEN
Q1 26
$1.1B
Q4 25
$1.1B
$1.1B
Q3 25
$978.1M
$1.2B
Q2 25
$909.7M
$1.2B
Q1 25
$871.8M
$1.3B
Q4 24
$833.6M
$1.1B
Q3 24
$804.2M
$1.3B
Q2 24
$753.3M
$1.3B
Net Profit
FN
FN
PTEN
PTEN
Q1 26
$-24.5M
Q4 25
$112.6M
$-9.2M
Q3 25
$95.9M
$-36.4M
Q2 25
$87.2M
$-49.1M
Q1 25
$81.3M
$1.0M
Q4 24
$86.6M
$-51.4M
Q3 24
$77.4M
$-978.8M
Q2 24
$81.1M
$11.1M
Gross Margin
FN
FN
PTEN
PTEN
Q1 26
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%
Operating Margin
FN
FN
PTEN
PTEN
Q1 26
Q4 25
10.1%
-0.0%
Q3 25
9.6%
-2.4%
Q2 25
9.8%
-2.4%
Q1 25
9.0%
1.3%
Q4 24
9.5%
-2.7%
Q3 24
9.6%
-73.8%
Q2 24
9.7%
3.4%
Net Margin
FN
FN
PTEN
PTEN
Q1 26
-2.2%
Q4 25
9.9%
-0.8%
Q3 25
9.8%
-3.1%
Q2 25
9.6%
-4.1%
Q1 25
9.3%
0.1%
Q4 24
10.4%
-4.5%
Q3 24
9.6%
-72.9%
Q2 24
10.8%
0.8%
EPS (diluted)
FN
FN
PTEN
PTEN
Q1 26
$-0.06
Q4 25
$3.11
$-0.01
Q3 25
$2.66
$-0.10
Q2 25
$2.41
$-0.13
Q1 25
$2.25
$0.00
Q4 24
$2.38
$-0.10
Q3 24
$2.13
$-2.50
Q2 24
$2.22
$0.03

Balance Sheet & Financial Strength

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

Metric
FN
FN
PTEN
PTEN
Cash + ST InvestmentsLiquidity on hand
$960.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$3.2B
Total Assets
$3.3B
$5.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FN
FN
PTEN
PTEN
Q1 26
Q4 25
$960.8M
$418.5M
Q3 25
$968.8M
$184.8M
Q2 25
$934.2M
$183.8M
Q1 25
$950.7M
$223.1M
Q4 24
$934.6M
$239.2M
Q3 24
$908.9M
$113.4M
Q2 24
$858.6M
$72.4M
Total Debt
FN
FN
PTEN
PTEN
Q1 26
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Stockholders' Equity
FN
FN
PTEN
PTEN
Q1 26
$3.2B
Q4 25
$2.2B
$3.2B
Q3 25
$2.1B
$3.2B
Q2 25
$2.0B
$3.3B
Q1 25
$1.9B
$3.4B
Q4 24
$1.8B
$3.5B
Q3 24
$1.8B
$3.6B
Q2 24
$1.7B
$4.6B
Total Assets
FN
FN
PTEN
PTEN
Q1 26
$5.4B
Q4 25
$3.3B
$5.6B
Q3 25
$3.0B
$5.5B
Q2 25
$2.8B
$5.6B
Q1 25
$2.6B
$5.8B
Q4 24
$2.5B
$5.8B
Q3 24
$2.4B
$6.0B
Q2 24
$2.3B
$7.0B
Debt / Equity
FN
FN
PTEN
PTEN
Q1 26
Q4 25
0.38×
Q3 25
0.38×
Q2 25
0.37×
Q1 25
0.36×
Q4 24
0.36×
Q3 24
0.35×
Q2 24
0.27×

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
PTEN
PTEN
Operating Cash FlowLast quarter
$46.3M
$63.9M
Free Cash FlowOCF − Capex
$-5.3M
FCF MarginFCF / Revenue
-0.5%
Capex IntensityCapex / Revenue
4.6%
4.9%
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
FN
FN
PTEN
PTEN
Q1 26
$63.9M
Q4 25
$46.3M
$397.5M
Q3 25
$102.6M
$215.8M
Q2 25
$55.1M
$139.7M
Q1 25
$74.2M
$208.1M
Q4 24
$115.9M
$315.8M
Q3 24
$83.2M
$296.3M
Q2 24
$83.1M
$197.5M
Free Cash Flow
FN
FN
PTEN
PTEN
Q1 26
Q4 25
$-5.3M
$259.0M
Q3 25
$57.3M
$71.3M
Q2 25
$4.7M
$-4.5M
Q1 25
$45.7M
$46.3M
Q4 24
$94.0M
$175.5M
Q3 24
$62.9M
$115.7M
Q2 24
$70.4M
$67.0M
FCF Margin
FN
FN
PTEN
PTEN
Q1 26
Q4 25
-0.5%
22.6%
Q3 25
5.9%
6.1%
Q2 25
0.5%
-0.4%
Q1 25
5.2%
3.7%
Q4 24
11.3%
15.3%
Q3 24
7.8%
8.6%
Q2 24
9.3%
5.0%
Capex Intensity
FN
FN
PTEN
PTEN
Q1 26
4.9%
Q4 25
4.6%
12.1%
Q3 25
4.6%
12.3%
Q2 25
5.5%
11.9%
Q1 25
3.3%
12.8%
Q4 24
2.6%
12.2%
Q3 24
2.5%
13.5%
Q2 24
1.7%
9.8%
Cash Conversion
FN
FN
PTEN
PTEN
Q1 26
Q4 25
0.41×
Q3 25
1.07×
Q2 25
0.63×
Q1 25
0.91×
207.11×
Q4 24
1.34×
Q3 24
1.07×
Q2 24
1.02×
17.83×

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%

PTEN
PTEN

Segment breakdown not available.

Related Comparisons