FatPipe, Inc.

FatPipe, Inc.

FATN
FatPipe, Inc.US flagNASDAQ Capital Market
5.34
USD
-0.01
- -
75.45MMarket Cap
FatPipe, Inc.
FATN
(NASDAQ Capital Market)

Recent

price

5.34

P/E

ratio

- -

div

yld

- -

ROIC.AI

2022
2023
2024
2025
2026
TTM
FRC
0.9
1.15
1.3
1.19
1.38
1.45
Revenue per Share
0.04
0.21
0.32
0.14
0.36
0.39
Basic EPS, GAAP
-0.02
-0.15
-0.03
-0.04
-0.06
-0.07
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
0.48
0.68
1.02
1.16
1.8
1.89
Book Value per Share
0.29
0.52
0.9
1.08
1.75
1.84
Tangible Book Value per Share
14
14
14
14
14
14
Basic Weighted Avg Shares
12
16
18
16
19
20
Sales/Revenue/Turnover
-1.81
20.51
31.57
21.31
18.69
17.18
Operating Margin (%)
1
1
1
1
- -
- -
Depreciation Expense
- -
3
4
2
5
5
Net Income, GAAP
6.71
8.13
23.55
40.6
- -
22.5
Effective Tax Rate (%)
3.9
18.43
24.45
12.07
25.87
26.87
Profit Margin (%)
3
3
5
6
12
12
Working Capital
1
2
3
6
5
5
LT Debt
7
10
14
16
25
27
Total Equity
- -
29.89
28.03
9.36
- -
- -
Return on Invested Capital (%)
- -
30.5
32.23
11.05
- -
3.28
Return on Capital (%)
- -
36.55
37.47
13.17
24.16
23.26
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
1
1
1
LT Borrowings
4
4
4
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
28
34
88

Working Capital

FRC

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
17
16
16
Cash, Cash Equivalents & STI
6
5
4
Accounts Receivable, Net
4
4
4
Inventories
- -
- -
1
Total Current Liabilities
6
4
4
Payables & Accruals
1
1
1
ST Debt
1
1
1
Deferred Revenue
1
1
1

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
58.34%
Free Cash Flow
- -
- -
58.08%
Net Income, GAAP
- -
- -
152.74%
Sales/Revenue/Turnover
- -
- -
17.92%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4
6
3
4
16
2026
4
4
4
7
19
2027
5
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.05
- -
- -
- -
0.14
2026
0.05
- -
0.02
- -
0.36
2027
0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -
Business
FatPipe, Inc. (NASDAQ: FATN) develops and provides enterprise-class, application-aware secure software-defined wide area network (SD-WAN) solutions; secure access service edge (SASE); network monitoring services (NMS) including EnterpriseView reporting; and cybersecurity products such as FatPipe Total Security 360, MPSec VPN, next-generation firewalls, SIEM, and WAN optimization tools with features like router clustering, dynamic failover, load balancing, QoS, compression, and encryption. The company serves enterprises, communication and security service providers, government entities, military institutions, municipalities, utilities, educational facilities, and middle-market organizations with mission-critical WAN reliability up to 99.999988%, targeting multi-office, mobile, cloud, hybrid, and on-premise environments. Founded in 1989 and headquartered in Salt Lake City, Utah, FatPipe operates globally through over 200 resellers and distributors, with expanding presence in the US, India, Southeast Asia, Mexico, and facilities supporting e-governance and optimized networks via its FatPipe Technologies division. Recent developments include a Nasdaq Capital Market listing in April 2025 followed by key executive appointments in May 2025 such as SVP of Sales, Cybersecurity Tom Aufiero from AT&T, CFO Eric Sherb, and VP of India Sales Praveen Shinde; plans to hire 12 US Regional Sales Managers; completion of a $1.4 million 210+ site SD-WAN deployment for a large US school district in October 2025; and reported 49% growth in monthly recurring billings for Q2 fiscal 2026 with nearly tripled sales headcount.

Company News

  • FatPipe, Inc. (NASDAQ: FATN) is Pleased to Announce Its Investor Webinar on November 4 to Present Q2 Financial Results

  • FatPipe, Inc. (NASDAQ: FATN) is Pleased to Announce Its Investor Webinar on November 4 to Present Q2 Financial Results

  • FatPipe (NASDAQ: FATN) Refinances Existing Debt and Reduces Borrowing Costs

  • FatPipe, Inc. (NASDAQ: FATN) to Attend the 2026 Maxim Growth Summit

  • FatPipe (NASDAQ: FATN) Announces Partnership with Howard Technology Solutions

  • FatPipe, Inc. (NASDAQ: FATN) Appoints Kanishka Ragula as Chief Financial Officer

  • ROTH Capital Partners Initiates Coverage on FatPipe (NASDAQ: FATN) with a BUY at $8.00

  • FatPipe (NASDAQ:FATN) to Showcase Growth Strategy and Innovation at the H.C. Wainwright 28th Annual Global Investment Conference

  • FatPipe Inc., (FATN) Launches Constellation, an AI-Assisted Network Management and Visibility Solution, an Affordable SMB Offering

  • FatPipe and Carahsoft Partner to Bring Secure SD-WAN, SASE and Resilient Connectivity Solutions to the Public Sector

  • Fatpipe Inc/UT Q1 Earnings Call Highlights

  • FatPipe, Inc. (FATN) Reports Q1 FY2027 Results: 28% Y-o-Y Q1 Revenue Growth and 25.6% Adjusted EBITDA Margin

  • FatPipe CEO Publishes Letter to Shareholders Regarding its S-3 Filing

  • FatPipe (NASDAQ:FATN) Awarded a $7 Million Education Contract to Support Network Access and Monitoring

  • FatPipe to Showcase Secure, Resilient Connectivity Solutions at the 2026 NACo Annual Conference

  • FatPipe (NASDAQ:FATN) Named SD-WAN Data Quadrant Champion and #1 Top-Rated SD-WAN Product in Info-Tech Research Group's 2026 SD-WAN Midmarket Report

  • FatPipe, Inc. (NASDAQ: FATN) is Pleased to Announce Its Investor Webinar to Present Q1 Financial Results on July 30

  • FatPipe, Inc. Continues Membership in Russell Microcap(R) Index

  • FatPipe Awarded 2026 Visionary Spotlight Award for Total Security 360 by ChannelVision Magazine

  • FatPipe Awarded 2026 Visionary Spotlight Award for SD-WAN by ChannelVision Magazine