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Fabrinet（FN）与OPEN TEXT CORP（OTEX）财务数据对比。点击上方公司名可切换其他公司
OPEN TEXT CORP的季度营收约是Fabrinet的1.1倍（$1.3B vs $1.1B），OPEN TEXT CORP净利率更高（13.5% vs 9.9%，领先3.5%），Fabrinet同比增速更快（35.9% vs 2.2%），OPEN TEXT CORP自由现金流更多（$305.0M vs $-5.3M），过去两年Fabrinet的营收复合增速更高（24.4% vs -3.0%）
Fabrinet（股票代码FN）为标普中型股400指数成分股。该指数由标普道琼斯指数公司维护，覆盖400家以美企为主的中等市值企业，若成分企业存在多类流通股，指数的成分股总量有时会超过400只。
Open Text Corporation是全球知名的跨国软件企业，专注于信息管理类软件的研发与销售，业务覆盖全球众多国家和地区，可为各行业客户提供成熟的信息管理解决方案，助力企业高效管理数据资产，推进数字化转型落地。
FN vs OTEX — 直观对比
营收规模更大
OTEX
是对方的1.1倍
$1.1B
营收增速更快
FN
高出33.7%
2.2%
净利率更高
OTEX
高出3.5%
9.9%
自由现金流更多
OTEX
多$310.3M
$-5.3M
两年增速更快
FN
近两年复合增速
-3.0%
损益表 — Q2 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.1B | $1.3B |
| 净利润 | $112.6M | $172.7M |
| 毛利率 | 12.2% | 73.1% |
| 营业利润率 | 10.1% | 15.7% |
| 净利率 | 9.9% | 13.5% |
| 营收同比 | 35.9% | 2.2% |
| 净利润同比 | 30.0% | — |
| 每股收益（稀释后） | $3.11 | $0.70 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FNOTEX
| Q1 26 | — | $1.3B | ||
| Q4 25 | $1.1B | $1.3B | ||
| Q3 25 | $978.1M | $1.3B | ||
| Q2 25 | $909.7M | $1.3B | ||
| Q1 25 | $871.8M | $1.3B | ||
| Q4 24 | $833.6M | $1.3B | ||
| Q3 24 | $804.2M | $1.3B | ||
| Q2 24 | $753.3M | $1.4B |
净利润FNOTEX
| Q1 26 | — | $172.7M | ||
| Q4 25 | $112.6M | $168.1M | ||
| Q3 25 | $95.9M | $146.6M | ||
| Q2 25 | $87.2M | $28.8M | ||
| Q1 25 | $81.3M | $92.8M | ||
| Q4 24 | $86.6M | $229.9M | ||
| Q3 24 | $77.4M | $84.4M | ||
| Q2 24 | $81.1M | $248.2M |
毛利率FNOTEX
| Q1 26 | — | 73.1% | ||
| Q4 25 | 12.2% | 74.0% | ||
| Q3 25 | 11.9% | 72.8% | ||
| Q2 25 | 12.2% | 72.3% | ||
| Q1 25 | 11.7% | 71.6% | ||
| Q4 24 | 12.1% | 73.3% | ||
| Q3 24 | 12.3% | 71.7% | ||
| Q2 24 | 12.3% | 72.5% |
营业利润率FNOTEX
| Q1 26 | — | 15.7% | ||
| Q4 25 | 10.1% | 22.0% | ||
| Q3 25 | 9.6% | 21.0% | ||
| Q2 25 | 9.8% | 13.9% | ||
| Q1 25 | 9.0% | 16.7% | ||
| Q4 24 | 9.5% | 22.2% | ||
| Q3 24 | 9.6% | 16.3% | ||
| Q2 24 | 9.7% | 14.2% |
净利率FNOTEX
| Q1 26 | — | 13.5% | ||
| Q4 25 | 9.9% | 12.7% | ||
| Q3 25 | 9.8% | 11.4% | ||
| Q2 25 | 9.6% | 2.2% | ||
| Q1 25 | 9.3% | 7.4% | ||
| Q4 24 | 10.4% | 17.2% | ||
| Q3 24 | 9.6% | 6.6% | ||
| Q2 24 | 10.8% | 18.2% |
每股收益（稀释后）FNOTEX
| Q1 26 | — | $0.70 | ||
| Q4 25 | $3.11 | $0.66 | ||
| Q3 25 | $2.66 | $0.58 | ||
| Q2 25 | $2.41 | $0.11 | ||
| Q1 25 | $2.25 | $0.35 | ||
| Q4 24 | $2.38 | $0.87 | ||
| Q3 24 | $2.13 | $0.32 | ||
| Q2 24 | $2.22 | $0.91 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $960.8M | $1.3B |
| 总债务越低越好 | — | $6.2B |
| 股东权益账面价值 | $2.2B | $4.0B |
| 总资产 | $3.3B | $13.3B |
| 负债/权益比越低杠杆越低 | — | 1.57× |
8季度趋势，按日历期对齐
现金及短期投资FNOTEX
| Q1 26 | — | $1.3B | ||
| Q4 25 | $960.8M | $1.3B | ||
| Q3 25 | $968.8M | $1.1B | ||
| Q2 25 | $934.2M | $1.2B | ||
| Q1 25 | $950.7M | $1.3B | ||
| Q4 24 | $934.6M | $1.1B | ||
| Q3 24 | $908.9M | $1.0B | ||
| Q2 24 | $858.6M | $1.3B |
总债务FNOTEX
| Q1 26 | — | $6.2B | ||
| Q4 25 | — | $6.4B | ||
| Q3 25 | — | $6.4B | ||
| Q2 25 | — | $6.4B | ||
| Q1 25 | — | $6.4B | ||
| Q4 24 | — | $6.4B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.4B |
股东权益FNOTEX
| Q1 26 | — | $4.0B | ||
| Q4 25 | $2.2B | $4.0B | ||
| Q3 25 | $2.1B | $4.0B | ||
| Q2 25 | $2.0B | $3.9B | ||
| Q1 25 | $1.9B | $4.1B | ||
| Q4 24 | $1.8B | $4.2B | ||
| Q3 24 | $1.8B | $4.1B | ||
| Q2 24 | $1.7B | $4.2B |
总资产FNOTEX
| Q1 26 | — | $13.3B | ||
| Q4 25 | $3.3B | $13.6B | ||
| Q3 25 | $3.0B | $13.5B | ||
| Q2 25 | $2.8B | $13.8B | ||
| Q1 25 | $2.6B | $13.8B | ||
| Q4 24 | $2.5B | $13.7B | ||
| Q3 24 | $2.4B | $13.8B | ||
| Q2 24 | $2.3B | $14.2B |
负债/权益比FNOTEX
| Q1 26 | — | 1.57× | ||
| Q4 25 | — | 1.58× | ||
| Q3 25 | — | 1.61× | ||
| Q2 25 | — | 1.62× | ||
| Q1 25 | — | 1.55× | ||
| Q4 24 | — | 1.51× | ||
| Q3 24 | — | 1.55× | ||
| Q2 24 | — | 1.52× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $46.3M | $354.6M |
| 自由现金流经营现金流 - 资本支出 | $-5.3M | $305.0M |
| 自由现金流率自由现金流/营收 | -0.5% | 23.8% |
| 资本支出强度资本支出/营收 | 4.6% | 3.9% |
| 现金转化率经营现金流/净利润 | 0.41× | 2.05× |
| 过去12个月自由现金流最近4个季度 | $102.3M | $809.6M |
8季度趋势，按日历期对齐
经营现金流FNOTEX
| Q1 26 | — | $354.6M | ||
| Q4 25 | $46.3M | $318.7M | ||
| Q3 25 | $102.6M | $147.8M | ||
| Q2 25 | $55.1M | $158.2M | ||
| Q1 25 | $74.2M | $402.2M | ||
| Q4 24 | $115.9M | $348.0M | ||
| Q3 24 | $83.2M | $-77.8M | ||
| Q2 24 | $83.1M | $185.2M |
自由现金流FNOTEX
| Q1 26 | — | $305.0M | ||
| Q4 25 | $-5.3M | $279.4M | ||
| Q3 25 | $57.3M | $101.2M | ||
| Q2 25 | $4.7M | $124.0M | ||
| Q1 25 | $45.7M | $373.8M | ||
| Q4 24 | $94.0M | $306.7M | ||
| Q3 24 | $62.9M | $-117.1M | ||
| Q2 24 | $70.4M | $145.2M |
自由现金流率FNOTEX
| Q1 26 | — | 23.8% | ||
| Q4 25 | -0.5% | 21.1% | ||
| Q3 25 | 5.9% | 7.9% | ||
| Q2 25 | 0.5% | 9.5% | ||
| Q1 25 | 5.2% | 29.8% | ||
| Q4 24 | 11.3% | 23.0% | ||
| Q3 24 | 7.8% | -9.2% | ||
| Q2 24 | 9.3% | 10.7% |
资本支出强度FNOTEX
| Q1 26 | — | 3.9% | ||
| Q4 25 | 4.6% | 3.0% | ||
| Q3 25 | 4.6% | 3.6% | ||
| Q2 25 | 5.5% | 2.6% | ||
| Q1 25 | 3.3% | 2.3% | ||
| Q4 24 | 2.6% | 3.1% | ||
| Q3 24 | 2.5% | 3.1% | ||
| Q2 24 | 1.7% | 2.9% |
现金转化率FNOTEX
| Q1 26 | — | 2.05× | ||
| Q4 25 | 0.41× | 1.90× | ||
| Q3 25 | 1.07× | 1.01× | ||
| Q2 25 | 0.63× | 5.49× | ||
| Q1 25 | 0.91× | 4.33× | ||
| Q4 24 | 1.34× | 1.51× | ||
| Q3 24 | 1.07× | -0.92× | ||
| Q2 24 | 1.02× | 0.75× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FN
| Optical Communications | $832.6M | 73% |
| Non Optical Communications | $300.3M | 27% |
OTEX
| Customer support | $564.8M | 44% |
| Cloud services and subscriptions | $492.9M | 38% |
| License | $145.1M | 11% |
| Professional service and other | $79.6M | 6% |
