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MARKETS / NASDAQ / FATN
NASDAQ · SERVICES-PREPACKAGED SOFTWARE · SMALL CAP

Fatpipe Inc. FATN

3 fiscal years on record · USD · FY2025 reported · SEC filings only
$19.2M
▲ 17.9% YoY
$5.0M
▲ 152.7% YoY
$-832,876
In brief

What this company does

Our core offerings include SD-WAN, SASE, single stack cybersecurity (“Cybersecurity”), and network monitoring service (“NMS”) software solutions, each of which is typically offered to our customers as a subscription service. As of March 31, 2025, we had 172 full-time employees, with 56 in the United States, 112 in India, and 4 in the Philippines. FatPipe, Inc. was incorporated in Utah on October 14, 2009.

Written from the business description in FatPipe, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 18 May 2026. Every sentence was checked against that document before publication.

Growth
USD 19.2M
Revenue, FY2025 · full 3-year series below
Revenue $M Net income $M
FY2025 · Revenue 19.2 · Net income 5.0
8M16M202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
26 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 18.7% · Net 25.9%
10%20%30%202320242025
ROE
FY2025 · ROE 24.2%
10%20%30%202320242025

Each USD of equity produced 24 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $
FY2025 · FCF -832876.0
-400000-800000202320242025

Total assetsUSD 34.5M
EquityUSD 25.2M
CashUSD 5.2M
Gross debtUSD 5.0M
Net debtUSD -199,095.00
Current ratio3.85×

The company holds more cash than debt.

The 3-year record
3 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023
Revenue $B0.00.00.0
Operating income $B0.00.00.0
EBITDA $B0.00.00.0
Income tax $B−0.00.00.0
Net income $B0.00.00.0
Free cash flow $B−0.0−0.0−0.0
EPS, diluted $0.350.150.35
Dividend / sh $···
Payout %···
ROE %24.213.231.3
Shares out B0.010.010.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 15 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 80 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated inUtah
Fiscal year endsMarch 31
SEC categoryemerging growth company, smaller reporting company
Data on record since2023

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