Company research
Fatpipe Inc/UT
CIK 1993400Updated Nov 9, 2026
SecurityFATN · NASDAQ · equity
FATN price & chart
Loading TradingView…
NASDAQ:FATN on TradingView ↗About the company
FatPipe is a pioneer in enterprise-class, application-aware, secure software-defined wide area network (“SD-WAN”) solutions for organizations, including enterprises, communication service providers, security service providers, government organizations, and middle-market companies.
In the news
FatPipe Inc. (FATN) Reports Q4 and FY2026 Results: 90% Y-o-Y Q4 Revenue Growth, Q4 Recurring Revenue up 56% Y-o-Y, Annual Revenue Growth of 18% ↗
Recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
DEF 14A filing
Entry into a Material Definitive Agreement · Termination of a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Regulation FD Disclosure
Items 1.01, 1.02, 2.03, 7.01, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02, 9.01
Show 5 more recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Regulation FD Disclosure
Items 7.01, 9.01
Other Events
Items 8.01, 9.01
EFFECT filing
Financials
FY 2026 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | Q3 2026 | Q2 2026 | Q1 2026 | FY 2026 | FY 2025 |
|---|---|---|---|---|---|
| ASSETS | |||||
| AssetsUSD | 32,378,402Source | 32,243,025Source | 32,018,369Source | 34,523,087Source | 28,287,769Source |
| Property, Plant and Equipment, NetUSD | 86,731Source | 85,098Source | 92,791Source | 95,506Source | 57,844Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 764,800Source | 860,748Source | 964,165Source | 694,192Source | 1,048,620Source |
| Current assets: | |||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | — | — | — | 2,920,550Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 4,414,594Source | 4,334,621Source | 3,966,695Source | 4,295,370Source | 3,764,945Source |
| Inventory, NetUSD | 167,348Source | 328,736Source | 408,160Source | 445,842Source | 419,677Source |
| Assets, CurrentUSD | 16,568,830Source | 16,604,106Source | 16,337,553Source | 16,456,909Source | 12,962,684Source |
| Operating Lease, Right-of-Use AssetUSD | 1,154,472Source | 1,254,254Source | 1,361,468Source | 1,042,476Source | 1,455,373Source |
| Other Assets, NoncurrentUSD | 381,415Source | 402,805Source | 379,156Source | 372,353Source | 379,077Source |
| LIABILITIES AND EQUITY | |||||
| LiabilitiesUSD | 11,218,224Source | 11,255,706Source | 11,623,144Source | 9,307,457Source | 12,362,452Source |
| Stockholders’ equity: | |||||
| Common Stock, Value, IssuedUSD | 131,245Source | 131,245Source | 130,265Source | 132,245Source | 130,265Source |
| Additional Paid in CapitalUSD | 5,954,817Source | 6,079,817Source | 5,372,577Source | 6,098,507Source | 1,588,105Source |
| Retained Earnings (Accumulated Deficit)USD | 12,114,533Source | 11,803,871Source | 11,847,258Source | 16,076,024Source | 11,106,063Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 2,959,583Source | 2,972,386Source | 3,045,125Source | 2,908,854Source | 3,100,884Source |
| Stockholders' Equity Attributable to ParentUSD | 21,160,178Source | 20,987,319Source | 20,395,225Source | 25,215,630Source | 15,925,317Source |
| Liabilities and EquityUSD | 32,378,402Source | 32,243,025Source | 32,018,369Source | 34,523,087Source | 28,287,769Source |
| Current liabilities: | |||||
| Liabilities, CurrentUSD | 6,123,527Source | 6,054,227Source | 6,303,286Source | 4,270,316Source | 6,489,080Source |
| Operating Lease, Liability, CurrentUSD | 394,128Source | 384,687Source | 376,817Source | 401,406Source | 366,677Source |
| Accounts Payable, CurrentUSD | 352,184Source | 294,762Source | 310,227Source | 390,174Source | 437,253Source |
| Operating Lease, Liability, NoncurrentUSD | 800,033Source | 905,401Source | 1,019,498Source | 682,437Source | 1,114,067Source |
| Other Liabilities, NoncurrentUSD | 111,343Source | 112,757Source | 117,039Source | 121,818Source | 116,988Source |
| Additional Financial Items | |||||
| Accrued Liabilities, CurrentUSD | 3,861,321Source | 3,696,357Source | 3,666,867Source | 1,993,899Source | 3,863,096Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | 0Source | — |
| Long-term DebtUSD | 4,600,644Source | 4,761,027Source | 4,914,517Source | 4,624,283Source | 4,972,087Source |
| Long-term Debt, Current MaturitiesUSD | 417,323Source | 577,706Source | 731,196Source | 391,397Source | 329,770Source |
cash flow · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | 310,662Source | 84,372Source | -43,387Source | 1,627,648Source | 741,195Source | 609,077Source | 4,969,961Source | 1,952,894Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | — | — | — | — | 91,957Source | 133,545Source | 369,249Source | 545,709Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | — | 625,220Source | — | — | — | 770,220Source | — |
| Changes in operating assets and liabilities: | ||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | 201,750Source | 301,098Source | 719,900Source | 1,098,120Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | -11,517Source | -24,994Source | 26,165Source | 306,155Source |
| Increase (Decrease) in Accounts PayableUSD | — | — | — | — | — | — | -127,026Source | -168,844Source | -47,079Source | 19,724Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | -508,604Source | -252,465Source | -780,393Source | -504,124Source |
| Cash flows from investing activities: | ||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -42,449Source | -4,955Source | -52,483Source | -19,762Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 42,449Source | 1,955Source | 52,483Source | 16,762Source |
| Cash flows from financing activities: | ||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 3,593,250Source | — | 3,319,131Source | 2,485,739Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | 2,986,438Source | -344,676Source | 2,294,225Source | 1,808,031Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 6,163,214Source | 1,616,163Source | 6,229,021Source | 845,850Source | 5,906,988Source | 767,843Source | 5,214,775Source | 2,920,550Source |
| Supplemental disclosure of cash flow information: | ||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 69,888Source | 302,124Source | 475,071Source | 329,892Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | — | — | — | — | -55,759Source | -87,256Source | -192,030Source | -153,822Source |
| Additional Financial Items | ||||||||||
| Amortization of Intangible AssetsUSD | — | — | 95,949Source | 125,052Source | 103,416Source | 125,052Source | 125,053Source | 125,053Source | 332,339Source | 511,293Source |
| DepreciationUSD | — | — | 4,222Source | 7,609Source | 691Source | 8,096Source | 8,492Source | 8,492Source | 36,910Source | 34,416Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | 61,361Source | 60,506Source | 27,895Source | 17,380Source | 17,792Source | -27,426Source | 246,874Source | 101,383Source |
| General and Administrative ExpenseUSD | — | — | 828,350Source | 573,906Source | 1,392,675Source | 1,183,797Source | 586,999Source | 581,122Source | 4,759,653Source | 3,422,596Source |
| Income Tax Expense (Benefit)USD | — | — | 90,192Source | 60,054Source | -12,595Source | 551,117Source | 215,185Source | 163,398Source | -1,483,603Source | 1,294,312Source |
| InterestExpenseNonoperatingUSD | — | — | 104,072Source | 118,081Source | 126,033Source | 86,411Source | 69,888Source | 86,032Source | 475,071Source | 329,892Source |
| Investment Income, InterestUSD | — | — | 41,145Source | 15,342Source | — | — | 5,799Source | 26,090Source | 125,185Source | 42,688Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | — | -43,387Source | 1,611,232Source | 741,195Source | 625,493Source | 4,969,961Source | 1,966,408Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | 16,416Source | — | 16,416Source | -13,514Source | -16,416Source | — | -13,514Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 310,662Source | 67,956Source | — | — | 754,709Source | — | 4,969,961Source | — |
| Nonoperating Income (Expense)USD | — | — | -1,566Source | -40,402Source | -55,189Source | -84,607Source | -46,297Source | -87,368Source | -103,012Source | -183,990Source |
| Operating ExpensesUSD | — | — | 3,181,550Source | 2,583,979Source | 3,647,120Source | 3,102,889Source | 2,706,312Source | 2,606,796Source | 13,890,540Source | 11,755,488Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | — | — | — | 3,784,472Source | — | 83,000Source | — |
income statement · annual statements
| Line item | Q4 2026 | Q4 2025 | Q3 2026 | Q3 2025 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2026 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | 4,087,786Source | 3,148,677Source | 3,959,231Source | 5,595,576Source | 3,935,923Source | 3,750,319Source | 19,208,294Source | 16,288,881Source |
| Cost of Goods and Services Sold | — | — | —Source | —Source | —Source | —Source | —Source | —Source | —Source | —Source |
| Operating Income (Loss)USD | — | — | 402,420Source | 184,828Source | -793Source | 2,263,372Source | 1,002,677Source | 859,843Source | 3,589,370Source | 3,471,746Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | — | — | 400,854Source | 144,426Source | -55,982Source | 2,178,765Source | 956,380Source | 772,475Source | 3,486,358Source | 3,287,756Source |
| Income Tax Expense (Benefit)USD | — | — | 90,192Source | 60,054Source | -12,595Source | 551,117Source | 215,185Source | 163,398Source | -1,483,603Source | 1,294,312Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | — | 16,416Source | — | 16,416Source | -13,514Source | -16,416Source | — | -13,514Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | — | — | -43,387Source | 1,611,232Source | 741,195Source | 625,493Source | 4,969,961Source | 1,966,408Source |
| Earnings Per Share, BasicUSD per share | — | — | 0.02Source | 0.01Source | 0Source | 0.13Source | 0.05Source | 0.05Source | 0.36Source | 0.15Source |
| Earnings Per Share, DilutedUSD per share | — | — | 0.02Source | 0.01Source | 0Source | 0.13Source | 0.05Source | 0.05Source | 0.35Source | 0.15Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 13,924,468Source | 13,026,464Source | 13,892,903Source | 12,737,886Source | 13,826,468Source | 12,449,308Source | 13,882,787Source | 12,858,852Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 13,924,468Source | 13,026,464Source | 13,892,903Source | 12,737,886Source | 13,826,468Source | 12,449,308Source | 14,006,392Source | 12,858,852Source |
| Interest Expense (non-operating)USD | — | — | 104,072Source | 118,081Source | 126,033Source | 86,411Source | 69,888Source | 86,032Source | 475,071Source | 329,892Source |
| Additional Financial Items | ||||||||||
| Amortization of Intangible AssetsUSD | — | — | 95,949Source | 125,052Source | 103,416Source | 125,052Source | 125,053Source | 125,053Source | 332,339Source | 511,293Source |
| Current Income Tax Expense (Benefit)USD | — | — | — | — | — | — | — | — | -1,483,603Source | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | — | — | 61,361Source | 60,506Source | 27,895Source | 17,380Source | 17,792Source | -27,426Source | 246,874Source | 101,383Source |
| General and Administrative ExpenseUSD | — | — | 828,350Source | 573,906Source | 1,392,675Source | 1,183,797Source | 586,999Source | 581,122Source | 4,759,653Source | 3,422,596Source |
| Gross ProfitUSD | — | — | 3,583,970Source | 2,768,807Source | 3,646,327Source | 5,366,261Source | 3,708,989Source | 3,466,639Source | 17,479,910Source | 15,227,234Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | — | — | — | — | — | — | — | — | 4,802,182Source | — |
| Interest ExpenseUSD | — | — | 104,072Source | 118,081Source | 126,033Source | 86,411Source | 69,888Source | 86,032Source | 403,391Source | 329,892Source |
| Investment Income, InterestUSD | — | — | 41,145Source | 15,342Source | — | — | 5,799Source | 26,090Source | 125,185Source | 42,688Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 310,662Source | 67,956Source | — | — | 754,709Source | — | 4,969,961Source | — |
| Nonoperating Income (Expense)USD | — | — | -1,566Source | -40,402Source | -55,189Source | -84,607Source | -46,297Source | -87,368Source | -103,012Source | -183,990Source |
| Operating ExpensesUSD | — | — | 3,181,550Source | 2,583,979Source | 3,647,120Source | 3,102,889Source | 2,706,312Source | 2,606,796Source | 13,890,540Source | 11,755,488Source |
| Research and Development ExpenseUSD | — | — | 453,539Source | 448,568Source | — | — | 474,457Source | — | 1,905,042Source | — |
| Selling and Marketing ExpenseUSD | — | — | 1,282,706Source | 888,546Source | 1,202,636Source | 919,392Source | 1,051,665Source | 1,014,935Source | 4,791,906Source | 3,753,948Source |
| Other Income | — | — | — | —Source | — | — | — | — | — | — |
Offerings
Registration 333-297241
Registration 333-280925
- Gross proceeds
- 4000000.0
- Net proceeds
- 3740000.0
- Deal price
- 5.75
- Shares
- 695652
- Offering price
- $5.75
- Ticker
- FATN
Filing attachments
ex99-1.htm · 8-K · 2026-11-04
Exhibit 99.1 FatPipe, Inc. (FATN) Reports Q2 FY2027 Results: 22% Y-o-Y Q2 Revenue Growth and 24.1% Adjusted EBITDA Margin SALT LAKE CITY, UT / PRNewswire / November 4, 2026 FatPipe, Inc. (NASDAQ: FATN) (“FatPipe” or the “Company”), a pioneer and multiple patents holder in enterprise-class, application-aware, secure software-defined wide area network (“SD-WAN”) and single-stack cybersecurity solutions, today announced its second quarter fiscal year 2027 results for the period ended September 3…
Read attachment ↗ex99-1.htm · 8-K · 2026-10-07
Exhibit 99.1 FOR IMMEDIATE RELEASE FatPipe Refinances Existing Debt and Reduces Borrowing Costs SALT LAKE CITY, October 7, 2026 - FatPipe, Inc. (NASDAQ: FATN), a provider of enterprise networking and cybersecurity solutions, today announced the refinancing of its existing Fortis Bank SBA loan through a $4.5 million secured term loan with KeyBank National Association. The Company also established a $1.5 million secured revolving line of credit for working capital. The new term loan bears inte…
Read attachment ↗ex99-1.htm · 8-K · 2026-09-15
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE FatPipe, Inc. (NASDAQ: FATN) Appoints Kanishka Ragula as Chief Financial Officer Former Member of J.P. Morgan Technology Investment Banking Team Brings M&A, Capital Markets and Technology Experience to FatPipe SALT LAKE CITY, Utah, September 11, 2026 - FatPipe, Inc. (NASDAQ: FATN) (“FatPipe” or the “Company”), a pioneer and multiple patent holder in enterprise-class, application-aware, secure software-defined wide area netwo…
Read attachment ↗ex99-1.htm · 8-K · 2026-07-30
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 FatPipe, Inc. (FATN) Reports Q1 FY2027 Results: 28% Y-o-Y Q1 Revenue Growth and 25.6% Adjusted EBITDA Margin SALT LAKE CITY, UT / PRNewswire / July 30, 2026 FatPipe, Inc. (NASDAQ: FATN) (“FatPipe” or the “Company”), a pioneer and multiple patents holder in enterprise-class, application-aware, secure software-defined wide area network (“SD-WAN”) and single-stack cybersecurity solutions, today announced its first quarter fiscal year 2027 results for…
Read attachment ↗ex99-1.htm · 8-K · 2026-07-23
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 FatPipe CEO Publishes Letter to Shareholders Regarding its S-3 Filing SALT LAKE CITY, UT / ACCESS Newswire / July 23, 2026 / FatPipe, Inc. (NASDAQ: FATN) (“FatPipe” or the “Company”), a pioneer in enterprise-class software-defined wide area networking (“SD-WAN”) and single-stack cybersecurity solutions, today published the following letter from its Chief Executive Officer, Dr. Ragula Bhaskar. Dear Fellow Shareholders, We have received shareholder…
Read attachment ↗ex99-1.htm · 8-K · 2026-07-21
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 FatPipe (NASDAQ: FATN) Awarded a $7 Million Education Contract to Support Network Access and Monitoring SALT LAKE CITY, July 21, 2026 /Access Newswire/ - FatPipe, Inc. (NASDAQ: FATN) (“FatPipe” or the “Company”), a pioneer and multiple patents holder in enterprise-class software-defined wide area networking (SD-WAN) and single-stack cybersecurity solutions, today announced that FatPipe was awarded a $7 million contract to provide FatPipe’s network …
Read attachment ↗