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Side-by-side financial comparison of Fabrinet (FN) and SouthState Bank Corp (SSB). Click either name above to swap in a different company.

Fabrinet is the larger business by last-quarter revenue ($1.1B vs $661.7M, roughly 1.7× SouthState Bank Corp). SouthState Bank Corp runs the higher net margin — 34.1% vs 9.9%, a 24.2% gap on every dollar of revenue. Over the past eight quarters, SouthState Bank Corp's revenue compounded faster (37.4% CAGR vs 24.4%).

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.

SouthState Bank, based in Winter Haven, Florida, is an American bank and a subsidiary of SouthState Corporation, a bank holding company. As of May 26, 2025, the company had 371 branches in South Carolina, North Carolina, Georgia, Florida, Alabama, Virginia, Colorado and Texas.

FN vs SSB — Head-to-Head

Bigger by revenue
FN
FN
1.7× larger
FN
$1.1B
$661.7M
SSB
Higher net margin
SSB
SSB
24.2% more per $
SSB
34.1%
9.9%
FN
Faster 2-yr revenue CAGR
SSB
SSB
Annualised
SSB
37.4%
24.4%
FN

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
FN
FN
SSB
SSB
Revenue
$1.1B
$661.7M
Net Profit
$112.6M
$225.8M
Gross Margin
12.2%
Operating Margin
10.1%
15.1%
Net Margin
9.9%
34.1%
Revenue YoY
35.9%
Net Profit YoY
30.0%
153.5%
EPS (diluted)
$3.11
$2.28

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
SSB
SSB
Q1 26
$661.7M
Q4 25
$1.1B
$581.1M
Q3 25
$978.1M
$599.7M
Q2 25
$909.7M
$577.9M
Q1 25
$871.8M
$544.5M
Q4 24
$833.6M
$369.8M
Q3 24
$804.2M
$351.5M
Q2 24
$753.3M
$350.3M
Net Profit
FN
FN
SSB
SSB
Q1 26
$225.8M
Q4 25
$112.6M
$247.7M
Q3 25
$95.9M
$246.6M
Q2 25
$87.2M
$215.2M
Q1 25
$81.3M
$89.1M
Q4 24
$86.6M
$144.2M
Q3 24
$77.4M
$143.2M
Q2 24
$81.1M
$132.4M
Gross Margin
FN
FN
SSB
SSB
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
SSB
SSB
Q1 26
15.1%
Q4 25
10.1%
54.3%
Q3 25
9.6%
53.6%
Q2 25
9.8%
48.8%
Q1 25
9.0%
22.3%
Q4 24
9.5%
50.7%
Q3 24
9.6%
53.1%
Q2 24
9.7%
49.3%
Net Margin
FN
FN
SSB
SSB
Q1 26
34.1%
Q4 25
9.9%
42.6%
Q3 25
9.8%
41.1%
Q2 25
9.6%
37.2%
Q1 25
9.3%
16.4%
Q4 24
10.4%
39.0%
Q3 24
9.6%
40.7%
Q2 24
10.8%
37.8%
EPS (diluted)
FN
FN
SSB
SSB
Q1 26
$2.28
Q4 25
$3.11
$2.47
Q3 25
$2.66
$2.42
Q2 25
$2.41
$2.11
Q1 25
$2.25
$0.87
Q4 24
$2.38
$1.88
Q3 24
$2.13
$1.86
Q2 24
$2.22
$1.73

Balance Sheet & Financial Strength

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

Metric
FN
FN
SSB
SSB
Cash + ST InvestmentsLiquidity on hand
$960.8M
$2.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$9.0B
Total Assets
$3.3B
$68.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FN
FN
SSB
SSB
Q1 26
$2.9B
Q4 25
$960.8M
Q3 25
$968.8M
Q2 25
$934.2M
Q1 25
$950.7M
Q4 24
$934.6M
Q3 24
$908.9M
Q2 24
$858.6M
Stockholders' Equity
FN
FN
SSB
SSB
Q1 26
$9.0B
Q4 25
$2.2B
$9.1B
Q3 25
$2.1B
$9.0B
Q2 25
$2.0B
$8.8B
Q1 25
$1.9B
$8.6B
Q4 24
$1.8B
$5.9B
Q3 24
$1.8B
$5.9B
Q2 24
$1.7B
$5.7B
Total Assets
FN
FN
SSB
SSB
Q1 26
$68.0B
Q4 25
$3.3B
$67.2B
Q3 25
$3.0B
$66.0B
Q2 25
$2.8B
$65.9B
Q1 25
$2.6B
$65.1B
Q4 24
$2.5B
$46.4B
Q3 24
$2.4B
$46.1B
Q2 24
$2.3B
$45.5B

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
SSB
SSB
Operating Cash FlowLast quarter
$46.3M
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.

Operating Cash Flow
FN
FN
SSB
SSB
Q1 26
Q4 25
$46.3M
$232.1M
Q3 25
$102.6M
$122.4M
Q2 25
$55.1M
$72.6M
Q1 25
$74.2M
$-126.3M
Q4 24
$115.9M
$354.3M
Q3 24
$83.2M
$-246.8M
Q2 24
$83.1M
$126.8M
Free Cash Flow
FN
FN
SSB
SSB
Q1 26
Q4 25
$-5.3M
$215.5M
Q3 25
$57.3M
$101.7M
Q2 25
$4.7M
$52.5M
Q1 25
$45.7M
$-139.1M
Q4 24
$94.0M
$340.9M
Q3 24
$62.9M
$-254.2M
Q2 24
$70.4M
$117.3M
FCF Margin
FN
FN
SSB
SSB
Q1 26
Q4 25
-0.5%
37.1%
Q3 25
5.9%
17.0%
Q2 25
0.5%
9.1%
Q1 25
5.2%
-25.5%
Q4 24
11.3%
92.2%
Q3 24
7.8%
-72.3%
Q2 24
9.3%
33.5%
Capex Intensity
FN
FN
SSB
SSB
Q1 26
Q4 25
4.6%
2.9%
Q3 25
4.6%
3.5%
Q2 25
5.5%
3.5%
Q1 25
3.3%
2.4%
Q4 24
2.6%
3.6%
Q3 24
2.5%
2.1%
Q2 24
1.7%
2.7%
Cash Conversion
FN
FN
SSB
SSB
Q1 26
Q4 25
0.41×
0.94×
Q3 25
1.07×
0.50×
Q2 25
0.63×
0.34×
Q1 25
0.91×
-1.42×
Q4 24
1.34×
2.46×
Q3 24
1.07×
-1.72×
Q2 24
1.02×
0.96×

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%

SSB
SSB

Net Interest Income$561.6M85%
Noninterest Income$100.1M15%

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