Which has grown faster, FN or IREN?

Over the past five years, IREN grew revenue faster — FN at a 20.09% CAGR versus IREN at 160.68%.

Is FN or IREN more profitable?

FN runs the higher net margin — FN at 10.19% versus IREN at -99.38%.

Fabrinet (FN) vs IREN Limited (IREN)

A side-by-side comparison of Fabrinet and IREN Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 2, 2026. Differences are shown without an overall score or investment verdict.

Fabrinet

$14.16B

$395.26TechnologyDelayed quote: Sep 2, 2026, 2:54 PM EDT

IREN

IREN Limited

$13.94B

$39.07TechnologyDelayed quote: Sep 2, 2026, 2:55 PM EDT

Total return — FN vs IREN

growth of $100 · dividends reinvested · last 5y

FN +242.3% (+27.9%/yr)IREN +50.6% (+8.5%/yr)FN compounded faster over this window

FN IREN

FN vs IREN: by the numbers

•FN is the larger company ($14.16B vs $13.94B market cap).
•FN is profitable (10.19% net margin) while IREN runs a net loss (-99.38%).
•IREN grew revenue faster over the past five years (160.68% vs 20.09% CAGR).

Metrics side by side

Valuation

Metric	FN	IREN
P/E ratio	30.81	N/A
Forward P/E	29.05	N/A
P/S ratio	3.14	18.85
P/B ratio	5.94	3.18
EV / EBITDA	26.73	N/A
FCF yield	0.02%	N/A

Profitability

Metric	FN	IREN
Gross margin	11.99%	68.93%
Operating margin	9.97%	-148.05%
Net margin	10.19%	-99.38%
ROE	19.27%	-16.79%
ROIC	15.72%	-7.62%

Growth (annualized)

Metric	FN	IREN
Revenue CAGR (5Y)	20.09%	160.68%
EPS CAGR (5Y)	26.85%	N/A
FCF CAGR (5Y)	-45.70%	N/A
Total return CAGR (5Y)	31.13%	N/A

Frequently asked

Which has grown faster, FN or IREN?: Over the past five years, IREN grew revenue faster — FN at a 20.09% CAGR versus IREN at 160.68%.
Is FN or IREN more profitable?: FN runs the higher net margin — FN at 10.19% versus IREN at -99.38%.

Go deeper

Full FN analysis Full IREN analysis Interactive comparison tool

Dig into the metrics

Fabrinet P/E ratio Fabrinet ROE IREN ROE Fabrinet operating margin IREN operating margin Fabrinet revenue growth IREN revenue growth Fabrinet free cash flow IREN free cash flow

Fabrinet & IREN appear in these rankings

Fastest Revenue Growth Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 2, 2026.