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Side-by-side financial comparison of Fabrinet (FN) and DNA X, Inc. (SONM). Click either name above to swap in a different company.
Fabrinet is the larger business by last-quarter revenue ($1.1B vs $16.2M, roughly 69.9× DNA X, Inc.). Fabrinet runs the higher net margin — 9.9% vs -29.3%, a 39.3% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs 7.9%). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs 9.9%).
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.
FN vs SONM — Head-to-Head
Income Statement — Q2 2026 vs Q3 2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $16.2M |
| Net Profit | $112.6M | $-4.8M |
| Gross Margin | 12.2% | 11.2% |
| Operating Margin | 10.1% | -24.5% |
| Net Margin | 9.9% | -29.3% |
| Revenue YoY | 35.9% | 7.9% |
| Net Profit YoY | 30.0% | -89.2% |
| EPS (diluted) | $3.11 | $-4.83 |
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 | — | ||
| Q3 25 | $978.1M | $16.2M | ||
| Q2 25 | $909.7M | $11.2M | ||
| Q1 25 | $871.8M | $16.7M | ||
| Q4 24 | $833.6M | $15.3M | ||
| Q3 24 | $804.2M | $15.0M | ||
| Q2 24 | $753.3M | $11.5M | ||
| Q1 24 | $731.5M | $9.1M |
| Q4 25 | $112.6M | — | ||
| Q3 25 | $95.9M | $-4.8M | ||
| Q2 25 | $87.2M | $-7.5M | ||
| Q1 25 | $81.3M | $458.0K | ||
| Q4 24 | $86.6M | $-21.6M | ||
| Q3 24 | $77.4M | $-2.5M | ||
| Q2 24 | $81.1M | $-6.6M | ||
| Q1 24 | $80.9M | $-2.9M |
| Q4 25 | 12.2% | — | ||
| Q3 25 | 11.9% | 11.2% | ||
| Q2 25 | 12.2% | 7.6% | ||
| Q1 25 | 11.7% | 50.0% | ||
| Q4 24 | 12.1% | -1.2% | ||
| Q3 24 | 12.3% | 28.2% | ||
| Q2 24 | 12.3% | 25.8% | ||
| Q1 24 | 12.4% | 31.8% |
| Q4 25 | 10.1% | — | ||
| Q3 25 | 9.6% | -24.5% | ||
| Q2 25 | 9.8% | -60.2% | ||
| Q1 25 | 9.0% | 3.9% | ||
| Q4 24 | 9.5% | 55.3% | ||
| Q3 24 | 9.6% | -15.8% | ||
| Q2 24 | 9.7% | -56.2% | ||
| Q1 24 | 9.7% | -29.5% |
| Q4 25 | 9.9% | — | ||
| Q3 25 | 9.8% | -29.3% | ||
| Q2 25 | 9.6% | -66.8% | ||
| Q1 25 | 9.3% | 2.7% | ||
| Q4 24 | 10.4% | -141.6% | ||
| Q3 24 | 9.6% | -16.7% | ||
| Q2 24 | 10.8% | -57.5% | ||
| Q1 24 | 11.1% | -31.9% |
| Q4 25 | $3.11 | — | ||
| Q3 25 | $2.66 | $-4.83 | ||
| Q2 25 | $2.41 | $-0.79 | ||
| Q1 25 | $2.25 | $0.08 | ||
| Q4 24 | $2.38 | $-116.99 | ||
| Q3 24 | $2.13 | $-9.32 | ||
| Q2 24 | $2.22 | $-1.41 | ||
| Q1 24 | $2.21 | $-0.65 |
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 | $2.1M |
| Total DebtLower is stronger | — | $5.1M |
| Stockholders' EquityBook value | $2.2B | $-701.0K |
| Total Assets | $3.3B | $40.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $960.8M | — | ||
| Q3 25 | $968.8M | $2.1M | ||
| Q2 25 | $934.2M | $2.0M | ||
| Q1 25 | $950.7M | $2.1M | ||
| Q4 24 | $934.6M | $5.3M | ||
| Q3 24 | $908.9M | $9.1M | ||
| Q2 24 | $858.6M | $9.6M | ||
| Q1 24 | $794.0M | $9.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | $5.1M | ||
| Q2 25 | — | $2.9M | ||
| Q1 25 | — | $2.8M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.1B | $-701.0K | ||
| Q2 25 | $2.0B | $-1.3M | ||
| Q1 25 | $1.9B | $-1.1M | ||
| Q4 24 | $1.8B | $-5.7M | ||
| Q3 24 | $1.8B | $15.3M | ||
| Q2 24 | $1.7B | $17.5M | ||
| Q1 24 | $1.7B | $19.8M |
| Q4 25 | $3.3B | — | ||
| Q3 25 | $3.0B | $40.2M | ||
| Q2 25 | $2.8B | $36.1M | ||
| Q1 25 | $2.6B | $36.0M | ||
| Q4 24 | $2.5B | $39.7M | ||
| Q3 24 | $2.4B | $49.1M | ||
| Q2 24 | $2.3B | $45.9M | ||
| Q1 24 | $2.2B | $42.4M |
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 | $-7.0M |
| 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 | — | ||
| Q3 25 | $102.6M | $-7.0M | ||
| Q2 25 | $55.1M | $-4.9M | ||
| Q1 25 | $74.2M | $-9.6M | ||
| Q4 24 | $115.9M | $-4.5M | ||
| Q3 24 | $83.2M | $-417.0K | ||
| Q2 24 | $83.1M | $-3.4M | ||
| Q1 24 | $100.9M | $-168.0K |
| Q4 25 | $-5.3M | — | ||
| Q3 25 | $57.3M | — | ||
| Q2 25 | $4.7M | — | ||
| Q1 25 | $45.7M | — | ||
| Q4 24 | $94.0M | $-4.5M | ||
| Q3 24 | $62.9M | $-554.0K | ||
| Q2 24 | $70.4M | $-3.4M | ||
| Q1 24 | $87.3M | $-198.0K |
| Q4 25 | -0.5% | — | ||
| Q3 25 | 5.9% | — | ||
| Q2 25 | 0.5% | — | ||
| Q1 25 | 5.2% | — | ||
| Q4 24 | 11.3% | -29.6% | ||
| Q3 24 | 7.8% | -3.7% | ||
| Q2 24 | 9.3% | -29.8% | ||
| Q1 24 | 11.9% | -2.2% |
| Q4 25 | 4.6% | — | ||
| Q3 25 | 4.6% | — | ||
| Q2 25 | 5.5% | — | ||
| Q1 25 | 3.3% | — | ||
| Q4 24 | 2.6% | 0.1% | ||
| Q3 24 | 2.5% | 0.9% | ||
| Q2 24 | 1.7% | 0.3% | ||
| Q1 24 | 1.9% | 0.3% |
| Q4 25 | 0.41× | — | ||
| Q3 25 | 1.07× | — | ||
| Q2 25 | 0.63× | — | ||
| Q1 25 | 0.91× | -20.97× | ||
| Q4 24 | 1.34× | — | ||
| Q3 24 | 1.07× | — | ||
| Q2 24 | 1.02× | — | ||
| Q1 24 | 1.25× | — |
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% |
SONM
Segment breakdown not available.
