In fiscal 2026, which ended Mar 31, 2026, Fatpipe Inc/UT reported revenue of $19.2 million, up 17.9% from the year before. Net income was $5.0 million, a profit margin of 25.9%. Operating income came to $3.6 million, an operating margin of 18.7%. Diluted earnings per share were $0.35. Over the twelve months ended Sep 30, 2026, revenue was $21.2 million and net income was $6.7 million.
USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.
| Line |
FY 2027
Sep 30, 2026
|
FY 2026
Mar 31, 2026
|
FY 2025
Mar 31, 2025
|
|---|---|---|---|
| Revenue |
21
|
19
+17.9%
|
16
|
| Cost of revenue |
2
|
2
+62.8%
|
1
|
| Gross profit |
19
|
17
+14.8%
|
15
|
| Research and development |
—
|
2
|
—
|
| Selling, general and administrative |
10
|
10
+33.1%
|
7
|
| Operating income |
4
|
4
+3.4%
|
3
|
| Interest income |
—
|
0
+193.3%
|
0
|
| Interest expense |
0
|
0
+44.0%
|
0
|
| Foreign currency gain (loss) |
0
|
0
+143.5%
|
0
|
| Pretax income |
4
|
3
+6.0%
|
3
|
| Income tax |
-2
|
-1
-214.6%
|
1
|
| Net income |
7
|
5
+152.7%
|
2
|
| Basic EPS |
0.48
|
0.36
+140.0%
|
0.15
|
| Diluted EPS |
0.47
|
0.35
+133.3%
|
0.15
|
| Weighted average shares, basic |
14
|
14
+8.0%
|
13
|
| Weighted average shares, diluted |
14
|
14
+8.9%
|
13
|
| Other measures | |||
| Depreciation and amortization |
—
|
0
-32.3%
|
1
|
| EBITDA |
—
|
4
-1.5%
|
4
|
| Interest coverage |
9.10x
|
7.56x
|
10.52x
|
| Margins | |||
| Gross margin |
90.26%
|
91.00%
|
93.48%
|
| Operating margin |
20.46%
|
18.69%
|
21.31%
|
| Pretax margin |
20.17%
|
18.15%
|
20.18%
|
| Profit margin |
31.64%
|
25.87%
|
12.07%
|
| EBITDA margin |
—
|
20.61%
|
24.66%
|
| Effective tax rate |
-56.83%
|
-42.55%
|
39.37%
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
Company profile
- Industry
- Services-Prepackaged Software (SIC 7372)
- Listed as
- FATN (Nasdaq)
- Fiscal year ends
- March 31
- Incorporated in
- UT
- Headquarters
- Salt Lake City, UT
- SEC filer status
- Non-accelerated filer, Smaller reporting company, Emerging growth company
- SEC CIK
- 1993400
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.