FatPipe (FATN) Income Statement

FatPipe reported revenue of $19.21M in fiscal 2026 (fiscal year ended Mar 31, 2026), up 17.9% from $16.29M a year earlier. Net income was $4.97M, up 152.7% year over year, a net margin of 25.9%. Gross margin was 91.0% and operating margin 18.7%. In the most recent quarter, Q1 fiscal 2027 (ended Jun 30, 2026), revenue was $5.03M, up 27.8% from the same quarter a year earlier.

FatPipe Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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FatPipe, Inc. income statement - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 1994
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Dec 1994
Revenue & Gross Profit
Revenue	19.21	16.29	17.86	15.80	12.40	-
Cost of Revenue	1.73	1.06	1.07	1.10	0.69	-
Gross Profit	17.48	15.23	16.79	14.69	11.71	-
Operating Expenses
Research & Development	1.91	1.79	1.74	1.80	1.63	-
Selling, General & Administrative	11.99	9.97	9.42	9.66	9.70	-
Operating Expenses	13.89	11.76	11.15	11.45	11.93	-
Operating Income	3.59	3.47	5.64	3.24	-0.22	-
Other Income/Expense
Interest Income	0.13	0.04	0.03	0.00	0.08	-
Interest Expense	0.48	-0.33	0.30	-0.11	-0.03	-
Other Income/Expense	-0.10	-0.18	0.23	-0.10	0.71	-
Income
Income Before Tax	3.49	3.29	5.60	3.14	0.49	-
Income Tax Expense	-1.48	1.29	1.32	0.26	0.03	-
Net Income	4.97	1.97	4.37	2.91	0.48	-0.04
Net Income - Continuous Operations	4.97	1.97	4.28	2.89	0.45	-
Net Income - Discontinued Operations	-	-	-	-	-	-
EBITDA	3.96	4.02	6.60	3.82	0.29	-
EBIT	3.59	3.47	5.90	3.24	-0.22	-
Depreciation & Amortization	0.37	0.55	0.70	0.58	0.51	-
Earnings Per Share
Basic EPS	-	-	-	-	-	-
Diluted EPS	-	-	-	-	-	-
Basic Shares Outstanding	13.88	12.86	13.72	12.45	12.45	-
Diluted Shares Outstanding	14.01	12.86	13.77	12.45	12.45	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About FatPipe Financial Statements

What was FatPipe's revenue in fiscal 2026?

FatPipe reported revenue of $19.21M in fiscal 2026 (fiscal year ended Mar 31, 2026). That was up 17.9% from $16.29M a year earlier.

Is FatPipe profitable?

Yes. FatPipe earned net income of $4.97M in fiscal 2026, a net margin of 25.9%. In fiscal 2025 it earned $1.97M.

What is FatPipe's operating margin?

FatPipe's operating income was $3.59M on revenue of $19.21M in fiscal 2026, an operating margin of 18.7%, compared with 21.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition