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Side-by-side financial comparison of Fabrinet (FN) and Uniti Group Inc. (UNIT). Click either name above to swap in a different company.

Fabrinet is the larger business by last-quarter revenue ($1.1B vs $722.6M, roughly 1.6× Uniti Group Inc.). Uniti Group Inc. runs the higher net margin — 222.7% vs 9.9%, a 212.7% gap on every dollar of revenue.

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.

Uniti was an electric vehicle prototype by Uniti Sweden, a Swedish automotive startup. The company was founded in January 2016 by a team of students and engineers under CEO Lewis Horne which aimed at developing an electric microcar in Lund, Sweden. It filed for bankruptcy in April 2022. No products were ever delivered to customers.

FN vs UNIT — Head-to-Head

Bigger by revenue
FN
FN
1.6× larger
FN
$1.1B
$722.6M
UNIT
Higher net margin
UNIT
UNIT
212.7% more per $
UNIT
222.7%
9.9%
FN

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
FN
FN
UNIT
UNIT
Revenue
$1.1B
$722.6M
Net Profit
$112.6M
$1.6B
Gross Margin
12.2%
Operating Margin
10.1%
-5.9%
Net Margin
9.9%
222.7%
Revenue YoY
35.9%
Net Profit YoY
30.0%
EPS (diluted)
$3.11
$4.92

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
UNIT
UNIT
Q4 25
$1.1B
Q3 25
$978.1M
$722.6M
Q2 25
$909.7M
Q1 25
$871.8M
Q4 24
$833.6M
Q3 24
$804.2M
Q2 24
$753.3M
Q1 24
$731.5M
Net Profit
FN
FN
UNIT
UNIT
Q4 25
$112.6M
Q3 25
$95.9M
$1.6B
Q2 25
$87.2M
Q1 25
$81.3M
Q4 24
$86.6M
Q3 24
$77.4M
Q2 24
$81.1M
Q1 24
$80.9M
Gross Margin
FN
FN
UNIT
UNIT
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
UNIT
UNIT
Q4 25
10.1%
Q3 25
9.6%
-5.9%
Q2 25
9.8%
Q1 25
9.0%
Q4 24
9.5%
Q3 24
9.6%
Q2 24
9.7%
Q1 24
9.7%
Net Margin
FN
FN
UNIT
UNIT
Q4 25
9.9%
Q3 25
9.8%
222.7%
Q2 25
9.6%
Q1 25
9.3%
Q4 24
10.4%
Q3 24
9.6%
Q2 24
10.8%
Q1 24
11.1%
EPS (diluted)
FN
FN
UNIT
UNIT
Q4 25
$3.11
Q3 25
$2.66
$4.92
Q2 25
$2.41
Q1 25
$2.25
Q4 24
$2.38
Q3 24
$2.13
Q2 24
$2.22
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
UNIT
UNIT
Cash + ST InvestmentsLiquidity on hand
$960.8M
$158.0M
Total DebtLower is stronger
$9.3B
Stockholders' EquityBook value
$2.2B
$680.7M
Total Assets
$3.3B
$12.1B
Debt / EquityLower = less leverage
13.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FN
FN
UNIT
UNIT
Q4 25
$960.8M
Q3 25
$968.8M
$158.0M
Q2 25
$934.2M
Q1 25
$950.7M
Q4 24
$934.6M
Q3 24
$908.9M
Q2 24
$858.6M
Q1 24
$794.0M
Total Debt
FN
FN
UNIT
UNIT
Q4 25
Q3 25
$9.3B
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FN
FN
UNIT
UNIT
Q4 25
$2.2B
Q3 25
$2.1B
$680.7M
Q2 25
$2.0B
Q1 25
$1.9B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.7B
Q1 24
$1.7B
Total Assets
FN
FN
UNIT
UNIT
Q4 25
$3.3B
Q3 25
$3.0B
$12.1B
Q2 25
$2.8B
Q1 25
$2.6B
Q4 24
$2.5B
Q3 24
$2.4B
Q2 24
$2.3B
Q1 24
$2.2B
Debt / Equity
FN
FN
UNIT
UNIT
Q4 25
Q3 25
13.64×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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
UNIT
UNIT
Operating Cash FlowLast quarter
$46.3M
$229.8M
Free Cash FlowOCF − Capex
$-5.3M
FCF MarginFCF / Revenue
-0.5%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
0.41×
0.14×
TTM Free Cash FlowTrailing 4 quarters
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FN
FN
UNIT
UNIT
Q4 25
$46.3M
Q3 25
$102.6M
$229.8M
Q2 25
$55.1M
Q1 25
$74.2M
Q4 24
$115.9M
Q3 24
$83.2M
Q2 24
$83.1M
Q1 24
$100.9M
Free Cash Flow
FN
FN
UNIT
UNIT
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
UNIT
UNIT
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
UNIT
UNIT
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
UNIT
UNIT
Q4 25
0.41×
Q3 25
1.07×
0.14×
Q2 25
0.63×
Q1 25
0.91×
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
FN

Optical Communications$832.6M73%
Non Optical Communications$300.3M27%

UNIT
UNIT

Revenue And Sales$315.5M44%
DSL Subscriber And Other$102.7M14%
Fiber Subscriber$77.7M11%
Business Services$66.4M9%
Uniti Fiber$55.7M8%
Wholesale$54.8M8%
Sales Revenue$27.3M4%
Time Division Multiplexing$8.7M1%
Switched Access$2.2M0%

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