FatPipe (FATN)

Nasdaq Market Closed

FatPipe, Inc. provides enterprise networking software focused on secure, resilient wide-area connectivity. The company is associated with software-defined wide area networking, or SD-WAN, a technology category that helps organisations manage traffic across multiple internet, private network, broadband, wireless, and cloud connections. Its products are designed for businesses and public-sector users that need reliable access to applications and data across distributed locations.

The company’s offering is application-aware, meaning network traffic can be prioritised and routed according to business requirements rather than relying solely on static links. This is important for organisations that use cloud services, remote offices, video, voice, and mission-critical applications where downtime or poor performance can disrupt operations. FatPipe’s technology also emphasises security, monitoring, and continuity, reflecting the growing need for network infrastructure that can support hybrid work, branch connectivity, and digital transformation.

FatPipe serves a range of customers, including enterprises, communication service providers, managed security providers, government organisations, and mid-market companies. Its role is to supply networking software that helps customers improve bandwidth utilisation, reduce dependence on a single carrier, and gain better visibility into how their networks are performing.

As a listed company, FatPipe offers investors exposure to the enterprise connectivity and SD-WAN market, where demand is shaped by cloud adoption, cybersecurity requirements, and the need for dependable network operations. Its prospects depend on product competitiveness, channel relationships, customer retention, and its ability to stand out in a market that includes both specialist vendors and large networking equipment providers.

6.08 USD
+0.96 (+18.75%)

Last updated

Market Cap
$85,274,845
P/E
15.63
P/FCF
P/S
4.2
Enterprise Value
$85,498,058
Sector
Information Technology
Industry
Application Software
Address
392 E. WINCHESTER STREET, FIFTH FLOOR, SALT LAKE CITY, UT, 84107
Market Cap
$85,274,845
Enterprise Value
$85,498,058
P/E
15.63
P/B
3.22
P/S
4.2
EV / EBITDA
22.45
EV / Sales
4.21
EPS
0.39
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$1,000,837
ROE
20.57%
ROA
15.38%
Debt / Equity
0.17
Current Ratio
3.98
Quick Ratio
3.79
Cash
1.05
Avg Volume
$98,797
Fundamentals Snapshot Price
6.08

Income Statement

Line Item 2027 Q1 2026 Q4 2026 Q3 2026 Q2 2026 Q1
Revenue 5.03M 7.23M 4.09M 3.96M 3.94M
Cost of revenue 390.06K 684.73K 503.82K 312.9K 226.93K
Gross profit 4.64M 6.54M 3.58M 3.65M 3.71M
Operating income 901.47K 2.19M 402.42K -793 1M
EBITDA 944.58K 2.26M 505.26K 103.32K 1.09M
Net income 1.23M 3.96M 310.66K -43.39K 754.71K
Income taxes -370.93K -1.78M 90.19K -12.6K 215.19K
Interest expense -95.11K -175.08K -104.07K -126.03K -69.89K
Other operating expenses 694.01K 661.14K 616.96K 562.65K 593.19K
Total operating expenses 3.74M 4.36M 3.18M 3.65M 2.71M
Basic EPS 0.09 0.29 0.02 0.05
Diluted EPS 0.09 0.28 0.02 0.05

Balance Sheet

Line Item 2027 Q1 2026 Q4 2026 Q3 2026 Q2 2026 Q1
Total assets 35.48M 34.52M 32.38M 32.24M 32.02M
Total liabilities 8.96M 9.31M 11.22M 11.26M 11.62M
Total equity 26.52M 25.22M 21.16M 20.99M 20.4M
Cash & equivalents 4.31M 5.21M 6.16M 6.23M 5.91M
Current assets 16.4M 16.46M 16.57M 16.6M 16.34M
Current liabilities 4.12M 4.27M 6.12M 6.05M 6.3M
Accounts payable 632K 390.17K 352.18K 294.76K 310.23K
Receivables 11.11M 10.67M 10.08M 9.82M 9.38M
Inventories 769.9K 445.84K 167.35K 328.74K 408.16K
Long-term debt 4.14M 4.23M 4.18M 4.18M 4.18M

Cash Flow

Line Item 2027 Q1 2026 Q4 2026 Q3 2026 Q2 2026 Q1
Operating cash flow -679.05K -912.53K 240.9K 399.84K -508.6K
Investing cash flow -4.52K -8.51K -8.52K 7K -42.45K
Financing cash flow -92.73K 23.33K -285.38K -12.07K 3.59M
Change in cash -906.43K -948.44K -65.81K 322.03K 2.99M
Net income 1.23M 3.96M 310.66K -43.39K 741.2K
Kind Filing Date Link
edgar index 8-K — Fatpipe Inc/UT View Filing
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edgar index 8-K — Fatpipe Inc/UT View Filing
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form 3 Form 3 — Bhaskar Ragula View Filing
edgar index 8-K — Fatpipe Inc/UT View Filing
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