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Side-by-side financial comparison of Fabrinet (FN) and SM Energy Co (SM). Click either name above to swap in a different company.
Fabrinet is the larger business by last-quarter revenue ($1.1B vs $704.9M, roughly 1.6× SM Energy Co). On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs -17.3%). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs 12.2%).
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.
SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.
FN vs SM — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $704.9M |
| Net Profit | $112.6M | — |
| Gross Margin | 12.2% | — |
| Operating Margin | 10.1% | 25.9% |
| Net Margin | 9.9% | — |
| Revenue YoY | 35.9% | -17.3% |
| Net Profit YoY | 30.0% | — |
| EPS (diluted) | $3.11 | $0.94 |
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 | $704.9M | ||
| Q3 25 | $978.1M | $811.6M | ||
| Q2 25 | $909.7M | $792.9M | ||
| Q1 25 | $871.8M | $844.5M | ||
| Q4 24 | $833.6M | $852.0M | ||
| Q3 24 | $804.2M | $643.6M | ||
| Q2 24 | $753.3M | $634.6M | ||
| Q1 24 | $731.5M | $559.9M |
| Q4 25 | $112.6M | — | ||
| Q3 25 | $95.9M | $155.1M | ||
| Q2 25 | $87.2M | $201.7M | ||
| Q1 25 | $81.3M | $182.3M | ||
| Q4 24 | $86.6M | — | ||
| Q3 24 | $77.4M | $240.5M | ||
| Q2 24 | $81.1M | $210.3M | ||
| Q1 24 | $80.9M | $131.2M |
| 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% | 25.9% | ||
| Q3 25 | 9.6% | 30.4% | ||
| Q2 25 | 9.8% | 37.2% | ||
| Q1 25 | 9.0% | 32.7% | ||
| Q4 24 | 9.5% | 33.7% | ||
| Q3 24 | 9.6% | 51.4% | ||
| Q2 24 | 9.7% | 44.0% | ||
| Q1 24 | 9.7% | 31.9% |
| Q4 25 | 9.9% | — | ||
| Q3 25 | 9.8% | 19.1% | ||
| Q2 25 | 9.6% | 25.4% | ||
| Q1 25 | 9.3% | 21.6% | ||
| Q4 24 | 10.4% | — | ||
| Q3 24 | 9.6% | 37.4% | ||
| Q2 24 | 10.8% | 33.1% | ||
| Q1 24 | 11.1% | 23.4% |
| Q4 25 | $3.11 | $0.94 | ||
| Q3 25 | $2.66 | $1.35 | ||
| Q2 25 | $2.41 | $1.76 | ||
| Q1 25 | $2.25 | $1.59 | ||
| Q4 24 | $2.38 | $1.63 | ||
| Q3 24 | $2.13 | $2.09 | ||
| Q2 24 | $2.22 | $1.82 | ||
| Q1 24 | $2.21 | $1.13 |
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 | $368.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.2B | $4.8B |
| Total Assets | $3.3B | $9.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $960.8M | $368.0M | ||
| Q3 25 | $968.8M | $162.3M | ||
| Q2 25 | $934.2M | $101.9M | ||
| Q1 25 | $950.7M | $54.0K | ||
| Q4 24 | $934.6M | — | ||
| Q3 24 | $908.9M | $1.7B | ||
| Q2 24 | $858.6M | $487.9M | ||
| Q1 24 | $794.0M | $506.3M |
| Q4 25 | $2.2B | $4.8B | ||
| Q3 25 | $2.1B | $4.7B | ||
| Q2 25 | $2.0B | $4.6B | ||
| Q1 25 | $1.9B | $4.4B | ||
| Q4 24 | $1.8B | $4.2B | ||
| Q3 24 | $1.8B | $4.1B | ||
| Q2 24 | $1.7B | $3.8B | ||
| Q1 24 | $1.7B | $3.7B |
| Q4 25 | $3.3B | $9.3B | ||
| Q3 25 | $3.0B | $9.1B | ||
| Q2 25 | $2.8B | $9.0B | ||
| Q1 25 | $2.6B | $8.8B | ||
| Q4 24 | $2.5B | $8.6B | ||
| Q3 24 | $2.4B | $8.0B | ||
| Q2 24 | $2.3B | $6.7B | ||
| Q1 24 | $2.2B | $6.4B |
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 | $451.9M |
| 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.
| Q4 25 | $46.3M | $451.9M | ||
| Q3 25 | $102.6M | $505.0M | ||
| Q2 25 | $55.1M | $571.1M | ||
| Q1 25 | $74.2M | $483.0M | ||
| Q4 24 | $115.9M | $578.4M | ||
| Q3 24 | $83.2M | $452.3M | ||
| Q2 24 | $83.1M | $476.4M | ||
| Q1 24 | $100.9M | $276.0M |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | 0.41× | — | ||
| Q3 25 | 1.07× | 3.26× | ||
| Q2 25 | 0.63× | 2.83× | ||
| Q1 25 | 0.91× | 2.65× | ||
| Q4 24 | 1.34× | — | ||
| Q3 24 | 1.07× | 1.88× | ||
| Q2 24 | 1.02× | 2.27× | ||
| Q1 24 | 1.25× | 2.10× |
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% |
SM
Segment breakdown not available.
