Telecom was Fabrinet’s largest region in fiscal 2023, bringing in $1.49B of $2.65B (56%).
| Contract With Customer, Market Category | FY 2022 | FY 2023 |
|---|---|---|
| Telecom | $1.42B | $1.49B |
| Datacom | $361.31M | $520.80M |
| Automotive | $204.41M | $368.58M |
| Industrial Laser | $149.36M | $125.42M |
| Others | $125.66M | $142.89M |
| Total | $2.26B | $2.65B |
Fabrinet brought in $2.65B from its five regions in fiscal 2023, the year ended June 30, 2023. That was up 16.9% from $2.26B in fiscal 2022. Telecom was the largest at $1.49B (56.2%), ahead of Datacom at $520.80M (19.7%) and Automotive at $368.58M (13.9%). The other two regions brought in $268.31M combined.
Compared with fiscal 2022, Automotive grew fastest, up 80.3% to $368.58M, while Industrial Laser fell the most, down 16.0% to $125.42M.
Optical Communications was Fabrinet’s largest product and service line in fiscal 2023, bringing in $1.49B of $1.86B (80%).
| Product and Service | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Optical Communications | $1.25B | $1.44B | $1.42B | $1.49B | |||||||
| Lasers, Sensors & Other | $393.66M | $438.01M | — | — | |||||||
| Non-Optical Communications | — | — | $204.41M | $368.58M | |||||||
| Product Two | — | — | — | — | |||||||
| Lasers, Sensors, & Other | — | — | — | — | |||||||
| Total | $1.64B | $1.88B | $1.63B | $1.86B |
Fabrinet brought in $1.86B from its two product and service lines in fiscal 2023, the year ended June 30, 2023. That is less than the $2.65B it reports by contract with customer, market category, so these lines do not cover all of its revenue. Optical Communications was the largest at $1.49B (80.1%), ahead of Non-Optical Communications at $368.58M (19.9%).
Compared with fiscal 2022, Non-Optical Communications grew 80.3% to $368.58M and Optical Communications grew 4.6% to $1.49B.
Fabrinet began breaking out Non-Optical Communications in fiscal 2022, when it brought in $204.41M. Fabrinet stopped reporting Lasers, Sensors & Other as a separate line after fiscal 2021, when it brought in $438.01M.
North America was Fabrinet’s largest region in fiscal 2018, bringing in $643.24M of $1.37B (47%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| North America | $370.84M | $525.16M | $661.27M | $643.24M | ||||
| Asia-Pacific | $309.94M | $351.03M | $539.32M | $519.20M | ||||
| Asia Pacific | — | — | — | — | ||||
| Europe | $92.81M | $100.55M | $219.91M | $209.49M | ||||
| Total | $773.59M | $976.75M | $1.42B | $1.37B |
Fabrinet brought in $1.37B from its three regions in fiscal 2018, the year ended June 29, 2018. That was down 3.4% from $1.42B in fiscal 2017. North America was the largest at $643.24M (46.9%), ahead of Asia-Pacific at $519.20M (37.8%) and Europe at $209.49M (15.3%).
Compared with fiscal 2017, every region above 2% of revenue shrank. North America held up best, down 2.7% to $643.24M, and Europe fell the most, down 4.7% to $209.49M. From fiscal 2015 to 2018, combined revenue from these regions grew from $773.59M to $1.37B, a compound annual growth rate of 21.0%. North America's share of the total fell from 47.9% to 46.9%.
Fabrinet (FN) reports its revenue by contract with customer, market category, by product and service and by geography. In fiscal 2023, Telecom was its largest region, bringing in $1.49B (56.2% of the total), followed by Datacom at $520.80M (19.7%).
Telecom was Fabrinet's largest region in fiscal 2023, bringing in $1.49B, or 56.2% of the $2.65B total across its five regions.
Optical Communications was Fabrinet's largest product and service line in fiscal 2023, bringing in $1.49B, or 80.1% of the $1.86B total across its two product and service lines.
Among Fabrinet's regions that make up at least 2% of revenue, Automotive grew fastest in fiscal 2023, up 80.3% from $204.41M to $368.58M.
Every figure comes from Fabrinet's annual financial filings, as reported. Each line keeps the name Fabrinet gives it, and years follow its fiscal calendar.
Fabrinet's revenue by contract with customer, market category goes back to fiscal 2022, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.