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Side-by-side financial comparison of Fabrinet (FN) and UPBOUND GROUP, INC. (UPBD). Click either name above to swap in a different company.

UPBOUND GROUP, INC. is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.1× Fabrinet). Fabrinet runs the higher net margin — 9.9% vs 1.7%, a 8.3% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs 10.9%). UPBOUND GROUP, INC. produced more free cash flow last quarter ($24.0M vs $-5.3M). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs 4.5%).

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.

Upbound Group, Inc. is a leading US provider of flexible lease-to-own solutions for consumer goods. It offers furniture, consumer electronics, home appliances, and accessories, catering to customers seeking accessible payment alternatives to traditional retail financing.

FN vs UPBD — Head-to-Head

Bigger by revenue
UPBD
UPBD
1.1× larger
UPBD
$1.2B
$1.1B
FN
Growing faster (revenue YoY)
FN
FN
+25.0% gap
FN
35.9%
10.9%
UPBD
Higher net margin
FN
FN
8.3% more per $
FN
9.9%
1.7%
UPBD
More free cash flow
UPBD
UPBD
$29.4M more FCF
UPBD
$24.0M
$-5.3M
FN
Faster 2-yr revenue CAGR
FN
FN
Annualised
FN
24.4%
4.5%
UPBD

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
FN
FN
UPBD
UPBD
Revenue
$1.1B
$1.2B
Net Profit
$112.6M
$19.7M
Gross Margin
12.2%
49.0%
Operating Margin
10.1%
4.8%
Net Margin
9.9%
1.7%
Revenue YoY
35.9%
10.9%
Net Profit YoY
30.0%
-36.3%
EPS (diluted)
$3.11
$0.35

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
UPBD
UPBD
Q4 25
$1.1B
$1.2B
Q3 25
$978.1M
$1.2B
Q2 25
$909.7M
$1.2B
Q1 25
$871.8M
$1.2B
Q4 24
$833.6M
$1.1B
Q3 24
$804.2M
$1.1B
Q2 24
$753.3M
$1.1B
Q1 24
$731.5M
$1.1B
Net Profit
FN
FN
UPBD
UPBD
Q4 25
$112.6M
$19.7M
Q3 25
$95.9M
$13.2M
Q2 25
$87.2M
$15.5M
Q1 25
$81.3M
$24.8M
Q4 24
$86.6M
$31.0M
Q3 24
$77.4M
$30.9M
Q2 24
$81.1M
$33.9M
Q1 24
$80.9M
$27.7M
Gross Margin
FN
FN
UPBD
UPBD
Q4 25
12.2%
49.0%
Q3 25
11.9%
48.3%
Q2 25
12.2%
49.4%
Q1 25
11.7%
46.8%
Q4 24
12.1%
47.1%
Q3 24
12.3%
47.8%
Q2 24
12.3%
49.4%
Q1 24
12.4%
48.3%
Operating Margin
FN
FN
UPBD
UPBD
Q4 25
10.1%
4.8%
Q3 25
9.6%
4.5%
Q2 25
9.8%
4.4%
Q1 25
9.0%
5.3%
Q4 24
9.5%
7.3%
Q3 24
9.6%
6.6%
Q2 24
9.7%
7.5%
Q1 24
9.7%
5.6%
Net Margin
FN
FN
UPBD
UPBD
Q4 25
9.9%
1.7%
Q3 25
9.8%
1.1%
Q2 25
9.6%
1.3%
Q1 25
9.3%
2.1%
Q4 24
10.4%
2.9%
Q3 24
9.6%
2.9%
Q2 24
10.8%
3.2%
Q1 24
11.1%
2.5%
EPS (diluted)
FN
FN
UPBD
UPBD
Q4 25
$3.11
$0.35
Q3 25
$2.66
$0.22
Q2 25
$2.41
$0.26
Q1 25
$2.25
$0.42
Q4 24
$2.38
$0.55
Q3 24
$2.13
$0.55
Q2 24
$2.22
$0.61
Q1 24
$2.21
$0.50

Balance Sheet & Financial Strength

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

Metric
FN
FN
UPBD
UPBD
Cash + ST InvestmentsLiquidity on hand
$960.8M
$120.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.2B
$695.7M
Total Assets
$3.3B
$3.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FN
FN
UPBD
UPBD
Q4 25
$960.8M
$120.5M
Q3 25
$968.8M
$107.0M
Q2 25
$934.2M
$106.8M
Q1 25
$950.7M
$107.3M
Q4 24
$934.6M
$60.9M
Q3 24
$908.9M
$85.1M
Q2 24
$858.6M
$82.5M
Q1 24
$794.0M
$84.8M
Stockholders' Equity
FN
FN
UPBD
UPBD
Q4 25
$2.2B
$695.7M
Q3 25
$2.1B
$687.3M
Q2 25
$2.0B
$685.5M
Q1 25
$1.9B
$679.2M
Q4 24
$1.8B
$629.0M
Q3 24
$1.8B
$611.8M
Q2 24
$1.7B
$596.3M
Q1 24
$1.7B
$578.3M
Total Assets
FN
FN
UPBD
UPBD
Q4 25
$3.3B
$3.3B
Q3 25
$3.0B
$3.2B
Q2 25
$2.8B
$3.1B
Q1 25
$2.6B
$3.0B
Q4 24
$2.5B
$2.6B
Q3 24
$2.4B
$2.6B
Q2 24
$2.3B
$2.6B
Q1 24
$2.2B
$2.6B

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
UPBD
UPBD
Operating Cash FlowLast quarter
$46.3M
$41.6M
Free Cash FlowOCF − Capex
$-5.3M
$24.0M
FCF MarginFCF / Revenue
-0.5%
2.0%
Capex IntensityCapex / Revenue
4.6%
1.5%
Cash ConversionOCF / Net Profit
0.41×
2.11×
TTM Free Cash FlowTrailing 4 quarters
$102.3M
$238.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FN
FN
UPBD
UPBD
Q4 25
$46.3M
$41.6M
Q3 25
$102.6M
$118.4M
Q2 25
$55.1M
$7.8M
Q1 25
$74.2M
$137.7M
Q4 24
$115.9M
$-61.9M
Q3 24
$83.2M
$106.2M
Q2 24
$83.1M
$15.0M
Q1 24
$100.9M
$45.4M
Free Cash Flow
FN
FN
UPBD
UPBD
Q4 25
$-5.3M
$24.0M
Q3 25
$57.3M
$97.9M
Q2 25
$4.7M
$-10.4M
Q1 25
$45.7M
$127.2M
Q4 24
$94.0M
$-74.0M
Q3 24
$62.9M
$88.3M
Q2 24
$70.4M
$613.0K
Q1 24
$87.3M
$33.6M
FCF Margin
FN
FN
UPBD
UPBD
Q4 25
-0.5%
2.0%
Q3 25
5.9%
8.4%
Q2 25
0.5%
-0.9%
Q1 25
5.2%
10.8%
Q4 24
11.3%
-6.9%
Q3 24
7.8%
8.3%
Q2 24
9.3%
0.1%
Q1 24
11.9%
3.1%
Capex Intensity
FN
FN
UPBD
UPBD
Q4 25
4.6%
1.5%
Q3 25
4.6%
1.8%
Q2 25
5.5%
1.6%
Q1 25
3.3%
0.9%
Q4 24
2.6%
1.1%
Q3 24
2.5%
1.7%
Q2 24
1.7%
1.3%
Q1 24
1.9%
1.1%
Cash Conversion
FN
FN
UPBD
UPBD
Q4 25
0.41×
2.11×
Q3 25
1.07×
8.96×
Q2 25
0.63×
0.50×
Q1 25
0.91×
5.56×
Q4 24
1.34×
-2.00×
Q3 24
1.07×
3.44×
Q2 24
1.02×
0.44×
Q1 24
1.25×
1.64×

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%

UPBD
UPBD

Segment breakdown not available.

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