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FatPipe FATN Net Income

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Other financials

Income statement

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Revenue$7.2M+90.4%
Gross profit$6.5M+80.4%
Operating income$2.2M+1,235%
EPS (diluted)$0.28

Balance sheet

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Cash & equivalents$5.2M+78.6%
Total debt$6.1M-5.7%
Total equity$25.2M+58.3%
Total assets$34.5M+22.0%

Cash flow

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Operating cash flow-$912.5K-380%
CapEx$8.5K+21.4%
Free cash flow-$921.0K-368%

Valuation

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Market cap$83.78M+3.4%
Enterprise value$84.67M+3.1%
P/E16.9×
P/S4.4×-0.6×

Profitability

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Gross margin91%-2.5pp
Operating margin18.7%-2.6pp
Net margin25.9%
FCF margin-5.2%+9.7pp

Returns & leverage

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Return on equity24.2%
Debt / equity0.2×-0.2×
Current ratio3.9×+1.9×

Where this comes from

Reported directly by FatPipe in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The source filing: FatPipe’s 10-K, filed May 18, 2026.

Filed
May 18, 2026, 4:16 PM EDT
Fiscal year
FY2026
Accession
0001493152-26-024184
Line item2026 / Year Ended / March 31,2025 / Year Ended / March 31,
Income (loss) before benefit/(provision) for taxes3,486,3583,287,756
Income tax benefit/(provision)1,483,603(1,294,312)
Deferred tax asset / (liability)-(40,550)
Net income4,969,9611,952,894
Less: Net loss attributable to non-controlling interests-(13,514)
Net income attributable to stockholders$4,969,961$1,966,408
Net income per common share - basic$0.36$0.15
Net income per common share - diluted$0.35$0.15

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities ITEM

FAQ

What is FatPipe's net income?
FatPipe (FATN) reported net income of $3.96M in Q1 2026.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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