Fatpipe Inc/UT (FATN)
As-reported financials and SEC filings for Fatpipe Inc/UT. The latest annual period is FY2026. The latest reported quarter is Q1 FY2027. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.
Snapshot
Fundamentals are from SEC filings for FY2026, the latest annual period (ended March 31, 2026). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
What changed at Fatpipe Inc/UT
- Revenue grew 17.9% to $19M in FY2026, after a 8.8% decline the year before.
- Operating margin is 18.7% in FY2026, -12.9 pp against 31.6% in FY2024.
- Most recent quarter Q1 FY2027: revenue $5M, up 27.8% from Q1 FY2026.
- Free cash flow was negative $832876 in FY2026.
- Net income rose 152.7% to $5M in FY2026.
Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.
Peer comparison
Where Fatpipe Inc/UT’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).
Fatpipe Inc/UT’s gross margin of 91.0% ranks in the 99th percentile of the 264 software companies reporting it. Fatpipe Inc/UT’s net margin of 25.9% ranks in the 89th percentile of the 307 software companies reporting it.
No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →
Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.
Institutional ownership
Held by 1 quant / multi-strat book among the superinvestors we track; no conviction manager currently reports a position.
| Investor | As of | Position value | Shares | Change |
|---|---|---|---|---|
| Citadel Advisorsquant | Q2 2026 | $186,449 | 29.6K | New |
From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.
Short interest
Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 2026-08-14 | 93.3K | +27.6% | 1.00 |
| 2026-07-31 | 73.1K | +1.9% | 1.00 |
| 2026-07-15 | 71.8K | -17.6% | 1.00 |
| 2026-06-30 | 87.1K | +24.6% | 1.00 |
| 2026-06-15 | 69.9K | -21.1% | 1.00 |
| 2026-05-29 | 88.6K | -37.2% | 1.00 |
| 2026-05-15 | 141.2K | -12.5% | 1.00 |
| 2026-04-30 | 161.3K | +112.5% | 1.00 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.
Income statement (as reported)
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Revenue | $19.2M | $16.3M | $17.9M |
| Gross profit | $17.5M | — | — |
| Operating income | $3.6M | $3.5M | $5.6M |
| Net income | $5.0M | $2.0M | $4.4M |
| Diluted EPS | $0.35 | $0.15 | $0.35 |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Balance sheet (as reported)
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Cash and equivalents | $5.2M | $2.9M | $1.1M |
| Current assets | $16.5M | $13.0M | $9.3M |
| Total assets | $34.5M | $28.3M | $21.4M |
| Current liabilities | $4.3M | $6.5M | $4.7M |
| Long-term debt | $4.6M | $5.0M | — |
| Total liabilities | $9.3M | $12.4M | $7.4M |
| Total equity | $25.2M | $15.9M | $14.1M |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Cash flow (as reported)
| FY2026 | FY2025 | FY2024 | |
|---|---|---|---|
| Operating cash flow | $-780,393 | $-504,124 | $-363,425 |
| Capital expenditure | $52,483 | $19,762 | $19,188 |
| Free cash flow | $-832,876 | $-523,886 | $-382,613 |
Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.
Quarterly trend (as reported)
| Quarter | Revenue | Revenue YoY | Net income | Diluted EPS |
|---|---|---|---|---|
| Q1 FY2027 | $5.0M | 27.8% | $1.2M | $0.09 |
| Q4 FY2026 | $7.2M | 90.4% | — | $0.28 |
| Q3 FY2026 | $4.1M | 29.8% | $310,662 | $0.02 |
| Q2 FY2026 | $4.0M | -29.2% | $-43,387 | $0.00 |
| Q1 FY2026 | $3.9M | 4.9% | $741,195 | $0.05 |
| Q4 FY2025 | $3.8M | — | — | $-0.03 |
| Q3 FY2025 | $3.1M | — | $84,372 | $0.01 |
| Q2 FY2025 | $5.6M | — | $1.6M | $0.13 |
Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.
Company facts
Selected SEC filings
Largest software peers
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.