Fatpipe Inc (FATN) Financial Statements
Industry: Prepackaged Software (Services)
In fiscal 2026, Fatpipe reported revenue of $19.2M, up 17.9% from $16.3M the year before. Net income was $5.0M (a 25.9% net margin), or $0.35 per diluted share. Gross margin was 91.0% and operating margin was 18.7%. Operating activities generated -$780,393 of cash, leaving -$832,876 of free cash flow. At fiscal year end, Fatpipe held $34.5M in total assets against $9.3M in total liabilities.
Open the full interactive Fatpipe financials → Quarterly statements, key ratios, valuation history and price charts.
Fatpipe Key Stats
| Share Price | $4.96 |
|---|---|
| Market Cap | $69.9M |
| P/E Ratio | 14.2 |
| Revenue YoY Growth | +17.9% |
| 52-Week Range | $1.45 – $7.96 |
| Shares Outstanding | 14.1 million (basic, 2027 Q1) |
Fatpipe Income Statement
| FY 2025 | FY 2026 | |
|---|---|---|
| Revenue | $16.3M | $19.2M |
| Gross Profit | $15.2M | $17.5M |
| Operating Income | $3.5M | $3.6M |
| Pre-Tax Income | $3.3M | $3.5M |
| Income Tax | $1.3M | -$1.5M |
| Net Income | $2.0M | $5.0M |
| Diluted EPS | $0.15 | $0.35 |
Fatpipe Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $4.0M | $4.1M | $7.2M | $5.0M |
| Net Income | -$43,387 | $310,662 | $4.0M | $1.2M |
| Diluted EPS | — | $0.02 | $0.28 | $0.09 |
Fatpipe Balance Sheet
| FY 2025 | FY 2026 | |
|---|---|---|
| Cash & Equivalents | $2.9M | — |
| Current Assets | $13.0M | $16.5M |
| Total Assets | $28.3M | $34.5M |
| Current Liabilities | $6.5M | $4.3M |
| Total Long-Term Debt | $5.0M | $4.6M |
| Total Liabilities | $12.4M | $9.3M |
| Shareholders' Equity | $15.9M | $25.2M |
Fatpipe Cash Flow Statement
| FY 2025 | FY 2026 | |
|---|---|---|
| Cash From Operations | -$504,124 | -$780,393 |
| Cash From Investing | -$19,762 | -$52,483 |
| Cash From Financing | $2.5M | $3.3M |
| Free Cash Flow | -$520,886 | -$832,876 |
Figures from Fatpipe's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Fatpipe financials page for every line item.
Fatpipe Company Profile
| Ticker | FATN |
|---|---|
| Exchange | Nasdaq |
| Industry | Prepackaged Software (Services) |
| Headquarters | Salt Lake City, Utah |
| Incorporated in | Utah |
| Fiscal Year End | March 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001993400 |
Frequently Asked Questions
What was Fatpipe's revenue in fiscal 2026?
Fatpipe (FATN) reported revenue of $19.2M for fiscal 2026.
What was Fatpipe's net income in fiscal 2026?
Fatpipe reported net income of $5.0M for fiscal 2026.
What was Fatpipe's earnings per share (EPS) in fiscal 2026?
Fatpipe's diluted EPS was $0.35 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Fatpipe generate in fiscal 2026?
Fatpipe generated -$832,876 of free cash flow in fiscal 2026.
What was Fatpipe's revenue last quarter?
In its most recent reported quarter (2027 Q1), Fatpipe reported revenue of $5.0M.
How much debt does Fatpipe have?
Fatpipe reported $4.6M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Fatpipe are outstanding?
Fatpipe reported a weighted average of 14.1 million basic shares outstanding in 2027 Q1.
What is Fatpipe's market cap?
Based on its latest closing price, Fatpipe (FATN) has a market capitalization of about $69.9M.
When does Fatpipe's fiscal year end?
Fatpipe's fiscal year end, as registered with the SEC, is March 31.
Where is Fatpipe headquartered?
Fatpipe lists its business address in Salt Lake City, Utah in its SEC filings.