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

Xylem Inc. is the larger business by last-quarter revenue ($2.1B vs $1.1B, roughly 1.9× Fabrinet). Fabrinet runs the higher net margin — 9.9% vs 8.9%, a 1.0% gap on every dollar of revenue. On growth, Fabrinet posted the faster year-over-year revenue change (35.9% vs 2.7%). Over the past eight quarters, Fabrinet's revenue compounded faster (24.4% CAGR vs -1.0%).

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.

Xylem is one of the two types of transport tissue in vascular plants, the other being phloem; both of these are part of the vascular bundle. The basic function of the xylem is to transport water upward from the roots to parts of the plants such as stems and leaves, but it also transports nutrients. The word xylem is derived from the Ancient Greek word ξύλον (xúlon), meaning "wood"; the best-known xylem tissue is wood, though it is found throughout a plant.

FN vs XYL — Head-to-Head

Bigger by revenue
XYL
XYL
1.9× larger
XYL
$2.1B
$1.1B
FN
Growing faster (revenue YoY)
FN
FN
+33.2% gap
FN
35.9%
2.7%
XYL
Higher net margin
FN
FN
1.0% more per $
FN
9.9%
8.9%
XYL
Faster 2-yr revenue CAGR
FN
FN
Annualised
FN
24.4%
-1.0%
XYL

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
FN
FN
XYL
XYL
Revenue
$1.1B
$2.1B
Net Profit
$112.6M
$189.0M
Gross Margin
12.2%
37.8%
Operating Margin
10.1%
11.5%
Net Margin
9.9%
8.9%
Revenue YoY
35.9%
2.7%
Net Profit YoY
30.0%
13.2%
EPS (diluted)
$3.11
$0.79

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
XYL
XYL
Q1 26
$2.1B
Q4 25
$1.1B
$2.4B
Q3 25
$978.1M
$2.3B
Q2 25
$909.7M
$2.3B
Q1 25
$871.8M
$2.1B
Q4 24
$833.6M
$2.3B
Q3 24
$804.2M
$2.1B
Q2 24
$753.3M
$2.2B
Net Profit
FN
FN
XYL
XYL
Q1 26
$189.0M
Q4 25
$112.6M
$335.0M
Q3 25
$95.9M
$227.0M
Q2 25
$87.2M
$226.0M
Q1 25
$81.3M
$169.0M
Q4 24
$86.6M
$326.0M
Q3 24
$77.4M
$217.0M
Q2 24
$81.1M
$194.0M
Gross Margin
FN
FN
XYL
XYL
Q1 26
37.8%
Q4 25
12.2%
38.9%
Q3 25
11.9%
38.9%
Q2 25
12.2%
38.8%
Q1 25
11.7%
37.1%
Q4 24
12.1%
38.0%
Q3 24
12.3%
37.3%
Q2 24
12.3%
37.8%
Operating Margin
FN
FN
XYL
XYL
Q1 26
11.5%
Q4 25
10.1%
14.7%
Q3 25
9.6%
14.7%
Q2 25
9.8%
13.3%
Q1 25
9.0%
11.2%
Q4 24
9.5%
11.8%
Q3 24
9.6%
13.3%
Q2 24
9.7%
11.7%
Net Margin
FN
FN
XYL
XYL
Q1 26
8.9%
Q4 25
9.9%
14.0%
Q3 25
9.8%
10.0%
Q2 25
9.6%
9.8%
Q1 25
9.3%
8.2%
Q4 24
10.4%
14.5%
Q3 24
9.6%
10.3%
Q2 24
10.8%
8.9%
EPS (diluted)
FN
FN
XYL
XYL
Q1 26
$0.79
Q4 25
$3.11
$1.37
Q3 25
$2.66
$0.93
Q2 25
$2.41
$0.93
Q1 25
$2.25
$0.69
Q4 24
$2.38
$1.33
Q3 24
$2.13
$0.89
Q2 24
$2.22
$0.80

Balance Sheet & Financial Strength

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

Metric
FN
FN
XYL
XYL
Cash + ST InvestmentsLiquidity on hand
$960.8M
$808.0M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$2.2B
$11.0B
Total Assets
$3.3B
$17.0B
Debt / EquityLower = less leverage
0.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FN
FN
XYL
XYL
Q1 26
$808.0M
Q4 25
$960.8M
$1.5B
Q3 25
$968.8M
$1.2B
Q2 25
$934.2M
$1.2B
Q1 25
$950.7M
$1.1B
Q4 24
$934.6M
$1.1B
Q3 24
$908.9M
$989.0M
Q2 24
$858.6M
$815.0M
Total Debt
FN
FN
XYL
XYL
Q1 26
$1.9B
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
Q2 24
Stockholders' Equity
FN
FN
XYL
XYL
Q1 26
$11.0B
Q4 25
$2.2B
$11.5B
Q3 25
$2.1B
$11.2B
Q2 25
$2.0B
$11.1B
Q1 25
$1.9B
$10.8B
Q4 24
$1.8B
$10.6B
Q3 24
$1.8B
$10.6B
Q2 24
$1.7B
$10.3B
Total Assets
FN
FN
XYL
XYL
Q1 26
$17.0B
Q4 25
$3.3B
$17.6B
Q3 25
$3.0B
$17.3B
Q2 25
$2.8B
$17.2B
Q1 25
$2.6B
$16.6B
Q4 24
$2.5B
$16.5B
Q3 24
$2.4B
$16.0B
Q2 24
$2.3B
$15.8B
Debt / Equity
FN
FN
XYL
XYL
Q1 26
0.18×
Q4 25
0.17×
Q3 25
0.18×
Q2 25
0.18×
Q1 25
0.19×
Q4 24
0.19×
Q3 24
Q2 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
XYL
XYL
Operating Cash FlowLast quarter
$46.3M
Free Cash FlowOCF − Capex
$-5.3M
FCF MarginFCF / Revenue
-0.5%
Capex IntensityCapex / Revenue
4.6%
4.2%
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
XYL
XYL
Q1 26
Q4 25
$46.3M
$543.0M
Q3 25
$102.6M
$360.0M
Q2 25
$55.1M
$305.0M
Q1 25
$74.2M
$33.0M
Q4 24
$115.9M
$575.0M
Q3 24
$83.2M
$311.0M
Q2 24
$83.1M
$288.0M
Free Cash Flow
FN
FN
XYL
XYL
Q1 26
Q4 25
$-5.3M
$460.0M
Q3 25
$57.3M
$281.0M
Q2 25
$4.7M
$207.0M
Q1 25
$45.7M
$-38.0M
Q4 24
$94.0M
$475.0M
Q3 24
$62.9M
$237.0M
Q2 24
$70.4M
$215.0M
FCF Margin
FN
FN
XYL
XYL
Q1 26
Q4 25
-0.5%
19.2%
Q3 25
5.9%
12.4%
Q2 25
0.5%
9.0%
Q1 25
5.2%
-1.8%
Q4 24
11.3%
21.1%
Q3 24
7.8%
11.3%
Q2 24
9.3%
9.9%
Capex Intensity
FN
FN
XYL
XYL
Q1 26
4.2%
Q4 25
4.6%
3.5%
Q3 25
4.6%
3.5%
Q2 25
5.5%
4.3%
Q1 25
3.3%
3.4%
Q4 24
2.6%
4.4%
Q3 24
2.5%
3.5%
Q2 24
1.7%
3.4%
Cash Conversion
FN
FN
XYL
XYL
Q1 26
Q4 25
0.41×
1.62×
Q3 25
1.07×
1.59×
Q2 25
0.63×
1.35×
Q1 25
0.91×
0.20×
Q4 24
1.34×
1.76×
Q3 24
1.07×
1.43×
Q2 24
1.02×
1.48×

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%

XYL
XYL

Revenue from products$1.8B83%
Revenue from services$368.0M17%

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