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Side-by-side financial comparison of Fabrinet (FN) and THOMSON REUTERS CORP (TRI). Click either name above to swap in a different company.

THOMSON REUTERS CORP is the larger business by last-quarter revenue ($1.8B vs $1.1B, roughly 1.6× Fabrinet). THOMSON REUTERS CORP runs the higher net margin — 17.5% vs 9.9%, a 7.6% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs 2.6%).

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.

The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on June 28, 2013, as a spin-off of the first News Corporation, whose legal successor was 21st Century Fox, which held its media and entertainment assets. Operating across digital real estate information, news media, book publishing, and cable television, New...

FN vs TRI — Head-to-Head

Bigger by revenue
TRI
TRI
1.6× larger
TRI
$1.8B
$1.1B
FN
Growing faster (revenue YoY)
FN
FN
+33.3% gap
FN
35.9%
2.6%
TRI
Higher net margin
TRI
TRI
7.6% more per $
TRI
17.5%
9.9%
FN

Income Statement — Q2 FY2026 vs Q2 FY2025

Metric
FN
FN
TRI
TRI
Revenue
$1.1B
$1.8B
Net Profit
$112.6M
$313.0M
Gross Margin
12.2%
Operating Margin
10.1%
24.4%
Net Margin
9.9%
17.5%
Revenue YoY
35.9%
2.6%
Net Profit YoY
30.0%
-62.8%
EPS (diluted)
$3.11
$0.69

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
TRI
TRI
Q4 25
$1.1B
Q3 25
$978.1M
Q2 25
$909.7M
$1.8B
Q1 25
$871.8M
Q4 24
$833.6M
Q3 24
$804.2M
Q2 24
$753.3M
$1.7B
Q1 24
$731.5M
Net Profit
FN
FN
TRI
TRI
Q4 25
$112.6M
Q3 25
$95.9M
Q2 25
$87.2M
$313.0M
Q1 25
$81.3M
Q4 24
$86.6M
Q3 24
$77.4M
Q2 24
$81.1M
$841.0M
Q1 24
$80.9M
Gross Margin
FN
FN
TRI
TRI
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%
Operating Margin
FN
FN
TRI
TRI
Q4 25
10.1%
Q3 25
9.6%
Q2 25
9.8%
24.4%
Q1 25
9.0%
Q4 24
9.5%
Q3 24
9.6%
Q2 24
9.7%
23.9%
Q1 24
9.7%
Net Margin
FN
FN
TRI
TRI
Q4 25
9.9%
Q3 25
9.8%
Q2 25
9.6%
17.5%
Q1 25
9.3%
Q4 24
10.4%
Q3 24
9.6%
Q2 24
10.8%
48.3%
Q1 24
11.1%
EPS (diluted)
FN
FN
TRI
TRI
Q4 25
$3.11
Q3 25
$2.66
Q2 25
$2.41
$0.69
Q1 25
$2.25
Q4 24
$2.38
Q3 24
$2.13
Q2 24
$2.22
$1.86
Q1 24
$2.21

Balance Sheet & Financial Strength

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

Metric
FN
FN
TRI
TRI
Cash + ST InvestmentsLiquidity on hand
$960.8M
$664.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$12.6B
Total Assets
$3.3B
$18.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FN
FN
TRI
TRI
Q4 25
$960.8M
Q3 25
$968.8M
Q2 25
$934.2M
$664.0M
Q1 25
$950.7M
Q4 24
$934.6M
Q3 24
$908.9M
Q2 24
$858.6M
$1.7B
Q1 24
$794.0M
Stockholders' Equity
FN
FN
TRI
TRI
Q4 25
$2.2B
Q3 25
$2.1B
Q2 25
$2.0B
$12.6B
Q1 25
$1.9B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.7B
$11.6B
Q1 24
$1.7B
Total Assets
FN
FN
TRI
TRI
Q4 25
$3.3B
Q3 25
$3.0B
Q2 25
$2.8B
$18.0B
Q1 25
$2.6B
Q4 24
$2.5B
Q3 24
$2.4B
Q2 24
$2.3B
$18.4B
Q1 24
$2.2B

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
TRI
TRI
Operating Cash FlowLast quarter
$46.3M
$746.0M
Free Cash FlowOCF − Capex
$-5.3M
FCF MarginFCF / Revenue
-0.5%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
0.41×
2.38×
TTM Free Cash FlowTrailing 4 quarters
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FN
FN
TRI
TRI
Q4 25
$46.3M
Q3 25
$102.6M
Q2 25
$55.1M
$746.0M
Q1 25
$74.2M
Q4 24
$115.9M
Q3 24
$83.2M
Q2 24
$83.1M
$705.0M
Q1 24
$100.9M
Free Cash Flow
FN
FN
TRI
TRI
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
TRI
TRI
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
TRI
TRI
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
TRI
TRI
Q4 25
0.41×
Q3 25
1.07×
Q2 25
0.63×
2.38×
Q1 25
0.91×
Q4 24
1.34×
Q3 24
1.07×
Q2 24
1.02×
0.84×
Q1 24
1.25×

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%

TRI
TRI

Segment breakdown not available.

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