FatPipe net income more than doubled to $4.97 million in FY26; revenue rises 17.9% to $19.21 million

Fatpipe, Inc.

Fatpipe, Inc.

FATN

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  • FatPipe posted FY2026 net income attributable to stockholders of USD 4.97 million, up from USD 1.97 million a year earlier, as revenue rose 17.9% to USD 19.21 million.
  • Operating income edged up to USD 3.59 million, while gross margin narrowed to about 91.0% from 93.5%.
  • Sales and marketing expense climbed 27.6% to USD 4.79 million, while general and administrative costs increased 39.1% to USD 4.76 million, reflecting public-company costs including USD 770,220 of stock-based compensation and impairment charges.
  • Net cash used in operating activities widened to USD 780,393 from USD 504,124, driven by a USD 5.69 million use of cash from higher contracts receivable tied to multi-year customer contracts billed monthly.
  • Adjusted EBITDA increased 34.2% to USD 5.39 million, as the company cited revenue growth and disciplined operating expense management.


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