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Audiocodes vs Fabrinet: revenue, profit, margins and growth compared

Audiocodes brought in $245.6M of revenue in fiscal 2025, Fabrinet $4.6B in fiscal 2026. Revenue changed by +1.4% at Audiocodes and +35.7% at Fabrinet on the year before, so Fabrinet grew faster. Audiocodes kept 3.6% of its revenue as net profit, Fabrinet 10.2%. Free cash flow was $22.9M at Audiocodes and $4.2M at Fabrinet.

Side by side, latest fiscal year

AUDCFN
Fiscal year endedFY2025 (December 31, 2025)FY2026 (June 26, 2026)
Revenue$245.6M$4.6B
Revenue growth+1.4%+35.7%
Net income$9M$473M
Net margin3.6%10.2%
Free cash flow$22.9M$4.2M
Free cash flow margin9.3%0.1%
Earnings per share (diluted)$0.31$13.05
Cash$45.3M$346.7M
Debtn/an/a
Price to earningsn/a32.0
Market value$262.1M$15B
Dividend yieldn/an/a
Rank by revenue in sector#93 of 109 · Utilities#43 of 109 · Utilities

Over the years

Revenue
AUDC FY2018: $176.2MAUDC FY2019: $200.3MAUDC FY2020: $220.8MAUDC FY2021: $248.9MAUDC FY2022: $275.1MAUDC FY2023: $244.4MAUDC FY2024: $242.2MAUDC FY2025: $245.6MFN FY2019: $1.6BFN FY2020: $1.6BFN FY2021: $1.9BFN FY2022: $2.3BFN FY2023: $2.6BFN FY2024: $2.9BFN FY2025: $3.4BFN FY2026: $4.6BFY18FY19FY20FY21FY22FY23FY24FY25FY26
AUDC $245.6MFN $4.6B
Net income
AUDC FY2018: $13.5MAUDC FY2019: $4MAUDC FY2020: $27.2MAUDC FY2021: $33.8MAUDC FY2022: $28.5MAUDC FY2023: $8.8MAUDC FY2024: $15.3MAUDC FY2025: $9MFN FY2019: $121MFN FY2020: $113.5MFN FY2021: $148.3MFN FY2022: $200.4MFN FY2023: $247.9MFN FY2024: $296.2MFN FY2025: $332.5MFN FY2026: $473MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AUDC $9MFN $473M
Net margin
AUDC FY2018: 7.7%AUDC FY2019: 2.0%AUDC FY2020: 12.3%AUDC FY2021: 13.6%AUDC FY2022: 10.3%AUDC FY2023: 3.6%AUDC FY2024: 6.3%AUDC FY2025: 3.6%FN FY2019: 7.6%FN FY2020: 6.9%FN FY2021: 7.9%FN FY2022: 8.9%FN FY2023: 9.4%FN FY2024: 10.3%FN FY2025: 9.7%FN FY2026: 10.2%FY18FY19FY20FY21FY22FY23FY24FY25FY26
AUDC 3.6%FN 10.2%
Revenue growth
AUDC FY2019: +13.7%AUDC FY2020: +10.2%AUDC FY2021: +12.7%AUDC FY2022: +10.5%AUDC FY2023: -11.2%AUDC FY2024: -0.9%AUDC FY2025: +1.4%FN FY2020: +3.6%FN FY2021: +14.5%FN FY2022: +20.4%FN FY2023: +16.9%FN FY2024: +9.0%FN FY2025: +18.6%FN FY2026: +35.7%FY19FY20FY21FY22FY23FY24FY25FY26
AUDC +1.4%FN +35.7%
Free cash flow
AUDC FY2018: $24.2MAUDC FY2019: $21.2MAUDC FY2020: $36.9MAUDC FY2021: $46.2MAUDC FY2022: $6.8MAUDC FY2023: $8.9MAUDC FY2024: $11MAUDC FY2025: $22.9MFN FY2019: $128.7MFN FY2020: $108.3MFN FY2021: $76.1MFN FY2022: $34.7MFN FY2023: $152MFN FY2024: $365.6MFN FY2025: $207.3MFN FY2026: $4.2MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AUDC $22.9MFN $4.2M

Fiscal years as each company reports them; the two may end in different months.

Questions about Audiocodes and Fabrinet

Which is bigger by revenue, Audiocodes or Fabrinet?

Fabrinet is bigger by revenue: $4.6B in fiscal 2026, against $245.6M for Audiocodes in fiscal 2025.

Which keeps more of its revenue as profit, Audiocodes or Fabrinet?

Audiocodes had a net margin of 3.6% in fiscal 2025; Fabrinet had 10.2% in fiscal 2026.

Which grew revenue faster, Audiocodes or Fabrinet?

In their latest fiscal years revenue changed by +1.4% at Audiocodes and +35.7% at Fabrinet.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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