# Fatpipe Inc: overview

FATN · Nasdaq · CIK 1993400 · [Technology](/sectors/technology.md) · fiscal year ends Mar 31

Pages: [Overview](/companies/fatn.md) · [Financials](/companies/fatn/financials.md) · [Filings](/companies/fatn/filings.md) · [Insiders](/companies/fatn/insiders.md)

Latest reported revenue: [$5.0m](/filings/0001493152-26-035447.md) for Q1 FY2027, three months to 2026-06-30, from the 10-Q filed Jul 30, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001493152-26-035447).

## Last eight quarters

| Line item | Unit | period not labelled (2024-09-30) | period not labelled (2024-12-31) | Q4 FY2025 (2025-03-31) | Q1 FY2026 (2025-06-30) | Q2 FY2026 (2025-09-30) | Q3 FY2026 (2025-12-31) | Q4 FY2026 (2026-03-31) | Q1 FY2027 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $k | [5,596](/filings/0001493152-25-020604.md) | [3,149](/filings/0001493152-26-004738.md) | [3,794 d](/filings/0001493152-26-024184.md) | [3,936](/filings/0001493152-26-035447.md) | [3,959](/filings/0001493152-25-020604.md) | [4,088](/filings/0001493152-26-004738.md) | [7,225 d](/filings/0001493152-26-024184.md) | [5,032](/filings/0001493152-26-035447.md) |
| Gross margin | % | [95.9%](/filings/0001493152-25-020604.md) | [87.9%](/filings/0001493152-26-004738.md) | [95.6% d](/filings/0001493152-26-024184.md) | [94.2%](/filings/0001493152-26-035447.md) | [92.1%](/filings/0001493152-25-020604.md) | [87.7%](/filings/0001493152-26-004738.md) | [90.5% d](/filings/0001493152-26-024184.md) | [92.2%](/filings/0001493152-26-035447.md) |
| Operating margin | % | [40.4%](/filings/0001493152-25-020604.md) | [5.9%](/filings/0001493152-26-004738.md) | [4.3% d](/filings/0001493152-26-024184.md) | [25.5%](/filings/0001493152-26-035447.md) | [(0.0%)](/filings/0001493152-25-020604.md) | [9.8%](/filings/0001493152-26-004738.md) | [30.2% d](/filings/0001493152-26-024184.md) | [17.9%](/filings/0001493152-26-035447.md) |
| Net margin | % | [28.8%](/filings/0001493152-25-020604.md) | [2.7%](/filings/0001493152-26-004738.md) | [(9.3%) d](/filings/0001493152-26-024184.md) | [18.8%](/filings/0001641172-25-021487.md) | [(1.1%)](/filings/0001493152-25-020604.md) | [7.6%](/filings/0001493152-26-004738.md) | [54.8% d](/filings/0001493152-26-024184.md) | [24.4%](/filings/0001493152-26-035447.md) |
| Diluted EPS | $ per share | [0.13](/filings/0001493152-25-020604.md) | [0.01](/filings/0001493152-26-004738.md) | not reported | [0.05](/filings/0001493152-26-035447.md) | [0.00](/filings/0001493152-25-020604.md) | [0.02](/filings/0001493152-26-004738.md) | not reported | [0.09](/filings/0001493152-26-035447.md) |
| Free cash flow | $k | not reported | not reported | not reported | [(551)](/filings/0001493152-26-035447.md) | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Net income: us-gaap:ProfitLoss. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY (2024-03-31) | FY2025 (2025-03-31) | FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: |
| Revenue | $m | [17.9](/filings/0001641172-25-017162.md) | [16.3](/filings/0001493152-26-024184.md) | [19.2](/filings/0001493152-26-024184.md) |
| Gross margin | % | [94.0%](/filings/0001641172-25-017162.md) | [93.5%](/filings/0001493152-26-024184.md) | [91.0%](/filings/0001493152-26-024184.md) |
| Operating margin | % | [31.6%](/filings/0001641172-25-017162.md) | [21.3%](/filings/0001493152-26-024184.md) | [18.7%](/filings/0001493152-26-024184.md) |
| Net margin | % | [24.4%](/filings/0001641172-25-017162.md) | [12.1%](/filings/0001493152-26-024184.md) | [25.9%](/filings/0001493152-26-024184.md) |
| Diluted EPS | $ per share | [0.35](/filings/0001641172-25-017162.md) | [0.15](/filings/0001493152-26-024184.md) | [0.35](/filings/0001493152-26-024184.md) |
| Free cash flow | $m | [(0.4)](/filings/0001641172-25-017162.md) | [(0.5)](/filings/0001493152-26-024184.md) | [(0.8)](/filings/0001493152-26-024184.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/fatn/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Torrey Growth & Income Advisors](/funds/2087822.md) | 2026-06-30 | $1.3m | 210,450 |  | New +210,450 |
| [JANE STREET GROUP, LLC](/funds/1595888.md) | 2026-06-30 | $788.8k | 125,209 |  | New +125,209 |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $186.4k | 29,595 |  | New +29,595 |
| [ESSEX INVESTMENT MANAGEMENT CO LLC](/funds/201772.md) | 2026-06-30 | $183.0k | 29,053 |  | New +29,053 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $170.2k | 27,020 |  | Added +5,337 |
| [Allworth Financial LP](/funds/1555170.md) | 2026-06-30 | $161.8k | 25,675 |  | New +25,675 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $150.2k | 23,843 |  | Added +22,734 |
| [Focus Partners Wealth](/funds/1542153.md) | 2026-06-30 | $108.3k | 17,183 |  | New +17,183 |
| [OSAIC HOLDINGS, INC.](/funds/1677044.md) | 2026-06-30 | $34.6k | 5,500 |  | Added +4,500 |
| [JONES FINANCIAL COMPANIES LLLP](/funds/815917.md) | 2026-06-30 | $3.0k | 493 |  | New +493 |

## Recent filings

[All 72 filings](/companies/fatn/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-27 | 16:05 ET | [DEF 14A](/filings/0001493152-26-048692.md) | Proxy statement, period 2026-10-27 | 0001493152-26-048692 |
| 2026-10-07 | 15:30 ET | [8-K](/filings/0001493152-26-046120.md) | 1.01 Entry into a material agreement; 1.02 Termination of a material agreement; 2.03 New direct financial obligation; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-046120 |
| 2026-09-15 | 21:40 ET | [8-K](/filings/0001493152-26-042647.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001493152-26-042647 |
| 2026-07-30 | 16:00 ET | [10-Q](/filings/0001493152-26-035447.md) | Quarterly report, period 2026-06-30 | 0001493152-26-035447 |
| 2026-07-30 | 16:00 ET | [8-K](/filings/0001493152-26-035446.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001493152-26-035446 |
| 2026-07-23 | 11:23 ET | [8-K](/filings/0001493152-26-034358.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001493152-26-034358 |
| 2026-07-21 | 10:37 ET | [8-K](/filings/0001493152-26-034029.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001493152-26-034029 |
| 2026-07-02 | 17:25 ET | [8-K](/filings/0001493152-26-031970.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001493152-26-031970 |
| 2026-05-18 | 16:16 ET | [10-K](/filings/0001493152-26-024184.md) | Annual report, period 2026-03-31 | 0001493152-26-024184 |
| 2026-05-18 | 16:05 ET | [8-K](/filings/0001493152-26-024173.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001493152-26-024173 |

## Latest annual report

[Form 10-K for the fiscal year ended Mar 31, 2026](/filings/0001493152-26-024184.md), filed May 18, 2026.

## Forecast league

Q2 FY2027, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/4ec26bc4-e4c8-4e7e-b30a-8e5aef75bf92)

## About the filer

- CIK: 1993400
- Tickers: FATN
- Exchange: Nasdaq
- SIC code: 7372 Services-Prepackaged Software
- State of incorporation: UT
- Filer category: <br>Emerging growth company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 16:07 ET. No prices; not investment advice.
