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FatPipe, Inc.

$5.71 +$3.56 (+165.58%)
NASDAQ · 15 Sep 2026 16:10 UTC
Previous Close
$5.64
Day Range
$5.6$5.84
Year Range
$1.31$10.77
Market Cap
80.09M
AVG Volume
1.12M
Trailing/Forward PE
14.67/13.05
PEG ratio
0.8
Dividend Yield
-
Next Earnings Date
2026-11-02
Primary Exchange
NASDAQUS
Revenue (USD)
05M10M15M20M20242025
FATN Revenue (USD) by year
PeriodRevenue (USD)
202519.21M
202413.8M
Net Income (USD)
02M4M6M20242025
FATN Net Income (USD) by year
PeriodNet Income (USD)
20254.97M
20241.42M
Operating Income (USD)
01M2M3M4M20242025
FATN Operating Income (USD) by year
PeriodOperating Income (USD)
20253.59M
20242.09M
EBITDA (USD)
02M4M6M20242025
FATN EBITDA (USD) by year
PeriodEBITDA (USD)
20254.33M
20242.77M
Cash Flows (USD)
-1M-750K-500K-250K020242025
FATN Cash Flows (USD) by year
PeriodCash Flows (USD)
2025-832.88K
2024-526.88K
EPS (USD)
00.10.20.30.420242025
FATN EPS (USD) by year
PeriodEPS (USD)
20250.35
20240.11
Expenses (USD)
05M10M15MR&DSG&ACapex20242025
FATN Expenses (USD) by year
PeriodExpenses (USD)
202513.94M
202410.4M
Cash & Debt (USD)
02M4M6MCashLong Term DebtShort Term Debt20242025
FATN Cash & Debt (USD) by year
PeriodCash & Debt (USD)
20255.21M
20242.92M
Debt ratios
00.511.520242025
FATN Debt ratios by year
PeriodDebt ratios
20251.22
20240.45
Margins
0%25%50%75%100%20242025
FATN Margins by year
PeriodMargins
202591%
202490.38%
Return on Capital
0%5%10%15%20%20242025
FATN Return on Capital by year
PeriodReturn on Capital
202519.71%
20248.91%
Shares Outstanding
05M10M15M20242025
FATN Shares Outstanding by year
PeriodShares Outstanding
202514.02M
202413.31M
Book Value Per Share (USD)
00.511.5220242025
FATN Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
20251.8
20241.2
Total Assets (USD)
010M20M30M40M20242025
FATN Total Assets (USD) by year
PeriodTotal Assets (USD)
202534.52M
202428.29M
Employee Count
05010015020020252026
FATN Employee Count by year
PeriodEmployee Count
2026172
2025154
PE Ratio
020406080100med 32.48Jun 25Aug 25Nov 25Jan 26Apr 26Jul 26Sep 26
FATN PE Ratio by year
PeriodPE Ratio
Sep 2614.6
Sep 2614.49
Sep 2615.16
Aug 2615.86
Aug 2616.48
Aug 2616.09
Aug 2616.46
Jul 2615.71
Jul 2612.73
Jul 2612.81
Jul 2615.1
Jul 2616.87
Jun 2617.04
Jun 2614.93
Jun 2617.07
Jun 2617.3
May 2622.46
May 2610.67
May 2652.24
May 2640.14
May 2639.75
Apr 2625.48
Apr 2627.78
Apr 2627.52
Apr 2627.39
Mar 2629.69
Mar 2621.92
Mar 2623.57
Mar 2623.06
Feb 2618.6
Feb 2621.92
Feb 2623.7
Feb 2624.85
Jan 2628.54
Jan 2632.23
Jan 2630.78
Jan 2633.99
Jan 2634.47
Dec 2540.24
Dec 2544.89
Dec 2542.17
Dec 2542.81
Nov 2545.37
Nov 2539.28
Nov 2536.23
Nov 2548.42
Oct 2536.92
Oct 2540.43
Oct 2539.35
Oct 2548.72
Oct 2563.93
Sep 2557.45
Sep 2580.05
Sep 2558.17
Sep 2552.77
Aug 2557.63
Aug 2555.83
Aug 2558.8
Aug 2553.67
Aug 2552.86
Jul 2573.8
Jul 2576.52
Jul 2581.49
Jul 2584.39
Jun 2529.21
Jun 2532.31
Jun 2531.87
Jun 2532.65
May 2533.48
May 2536.02
May 2540.63
May 2526.7
May 2535.35
Apr 2542.65
Apr 2546.54
Apr 2523.81
Free Cash Flow Yield
-2%-1%0%1%2%med -0.94%Jun 25Aug 25Nov 25Jan 26Apr 26Jul 26Sep 26
FATN Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 26-1.21%
Sep 26-1.22%
Sep 26-1.17%
Aug 26-1.12%
Aug 26-1.07%
Aug 26-1.1%
Aug 26-1.08%
Jul 26-1.13%
Jul 26-1.32%
Jul 26-1.31%
Jul 26-1.11%
Jul 26-0.99%
Jun 26-0.98%
Jun 26-1.12%
Jun 26-0.98%
Jun 26-0.97%
May 26-0.75%
May 26-1.57%
May 26-0.19%
May 26-0.25%
May 26-0.25%
Apr 26-0.39%
Apr 26-0.36%
Apr 26-0.36%
Apr 26-0.36%
Mar 26-0.34%
Mar 26-0.45%
Mar 26-0.42%
Mar 26-0.43%
Feb 26-0.54%
Feb 26-0.45%
Feb 26-0.42%
Feb 26-0.4%
Jan 26-1.88%
Jan 26-1.66%
Jan 26-1.74%
Jan 26-1.58%
Jan 26-1.55%
Dec 25-1.33%
Dec 25-1.19%
Dec 25-1.27%
Dec 25-1.25%
Nov 25-1.18%
Nov 25-1.36%
Nov 25-1.48%
Nov 25-1.11%
Oct 25-1.45%
Oct 25-1.32%
Oct 25-1.36%
Oct 25-1.1%
Oct 25-0.84%
Sep 25-0.93%
Sep 25-0.67%
Sep 25-0.92%
Sep 25-1.01%
Aug 25-0.93%
Aug 25-0.96%
Aug 25-0.91%
Aug 25-1%
Aug 25-1.01%
Jul 25-0.5%
Jul 25-0.49%
Jul 25-0.46%
Jul 25-0.44%
Jun 251.5%
Jun 251.36%
Jun 251.38%
Jun 251.34%
May 251.31%
May 251.22%
May 251.08%
May 251.64%
May 251.24%
Apr 251.03%
Apr 250.94%
Apr 251.84%
Price to Sales
02.557.51012.5med 4.24Jun 25Aug 25Nov 25Jan 26Apr 26Jul 26Sep 26
FATN Price to Sales by year
PeriodPrice to Sales
Sep 263.92
Sep 263.89
Sep 264.07
Aug 264.26
Aug 264.43
Aug 264.32
Aug 264.42
Jul 264.22
Jul 263.29
Jul 263.31
Jul 263.91
Jul 264.37
Jun 264.41
Jun 263.86
Jun 264.42
Jun 264.48
May 265.81
May 262.76
May 263.77
May 262.9
May 262.87
Apr 261.84
Apr 262.01
Apr 261.99
Apr 261.98
Mar 262.14
Mar 261.58
Mar 261.7
Mar 261.67
Feb 261.34
Feb 261.58
Feb 261.71
Feb 261.79
Jan 261.74
Jan 261.97
Jan 261.88
Jan 262.08
Jan 262.1
Dec 252.46
Dec 252.74
Dec 252.57
Dec 252.61
Nov 252.77
Nov 252.4
Nov 252.21
Nov 252.96
Oct 254.05
Oct 254.44
Oct 254.32
Oct 255.35
Oct 257.02
Sep 256.31
Sep 258.79
Sep 256.39
Sep 255.79
Aug 256.33
Aug 256.13
Aug 256.46
Aug 255.89
Aug 255.8
Jul 257.59
Jul 257.87
Jul 258.38
Jul 258.68
Jun 256.7
Jun 257.41
Jun 257.31
Jun 257.49
May 257.68
May 258.26
May 259.32
May 256.12
May 258.11
Apr 259.78
Apr 2510.67
Apr 255.46
EV/EBITDA
01020304050med 19.69Jun 25Aug 25Nov 25Jan 26Apr 26Jul 26Sep 26
FATN EV/EBITDA by year
PeriodEV/EBITDA
Sep 2619.24
Sep 2619.11
Sep 2619.98
Aug 2620.88
Aug 2621.69
Aug 2621.18
Aug 2621.65
Jul 2620.68
Jul 2614.72
Jul 2614.82
Jul 2617.44
Jul 2619.48
Jun 2619.67
Jun 2617.25
Jun 2619.71
Jun 2619.97
May 2625.89
May 2612.36
May 2624.71
May 2618.95
May 2618.77
Apr 2611.97
Apr 2613.06
Apr 2612.94
Apr 2612.88
Mar 2613.97
Mar 2610.27
Mar 2611.06
Mar 2610.82
Feb 268.7
Feb 2610.27
Feb 2611.12
Feb 2611.67
Jan 2611.79
Jan 2613.32
Jan 2612.72
Jan 2614.06
Jan 2614.26
Dec 2516.66
Dec 2518.59
Dec 2517.46
Dec 2517.72
Nov 2518.79
Nov 2516.26
Nov 2514.99
Nov 2520.06
Oct 2519.68
Oct 2521.54
Oct 2520.97
Oct 2525.93
Oct 2533.98
Sep 2530.55
Sep 2542.52
Sep 2530.93
Sep 2528.07
Aug 2530.65
Aug 2529.69
Aug 2531.27
Aug 2528.55
Aug 2528.12
Jul 2539.09
Jul 2540.48
Jul 2543.02
Jul 2544.51
Jun 2520.68
Jun 2522.83
Jun 2522.52
Jun 2523.06
May 2523.63
May 2525.39
May 2528.58
May 2518.95
May 2524.93
Apr 2529.97
Apr 2532.67
Apr 2516.95
Price/Operating Cashflow
406080100120med 74.48Apr 25May 25May 25May 25Jun 25Jun 25
FATN Price/Operating Cashflow by year
PeriodPrice/Operating Cashflow
Jun 2565.79
Jun 2572.8
Jun 2571.78
Jun 2573.55
May 2575.41
May 2581.15
May 2591.52
May 2560.14
May 2579.63
Apr 2596.08
Apr 25104.85
Apr 2553.65
Price to Book
02.557.51012.5med 3.08Jun 25Aug 25Nov 25Jan 26Apr 26Jul 26Sep 26
FATN Price to Book by year
PeriodPrice to Book
Sep 263
Sep 262.98
Sep 263.12
Aug 263.26
Aug 263.39
Aug 263.31
Aug 263.39
Jul 263.23
Jul 262.51
Jul 262.53
Jul 262.98
Jul 263.33
Jun 263.36
Jun 262.94
Jun 263.36
Jun 263.41
May 264.43
May 262.1
May 262.7
May 262.07
May 262.05
Apr 261.32
Apr 261.43
Apr 261.42
Apr 261.41
Mar 261.53
Mar 261.13
Mar 261.22
Mar 261.19
Feb 260.96
Feb 261.13
Feb 261.22
Feb 261.28
Jan 261.18
Jan 261.33
Jan 261.27
Jan 261.4
Jan 261.42
Dec 251.66
Dec 251.85
Dec 251.74
Dec 251.77
Nov 251.87
Nov 251.62
Nov 251.5
Nov 252
Oct 252.78
Oct 253.04
Oct 252.96
Oct 253.67
Oct 254.81
Sep 254.33
Sep 256.03
Sep 254.38
Sep 253.97
Aug 254.34
Aug 254.2
Aug 254.43
Aug 254.04
Aug 253.98
Jul 256.58
Jul 256.82
Jul 257.26
Jul 257.52
Jun 256.45
Jun 257.14
Jun 257.04
Jun 257.21
May 257.39
May 257.95
May 258.97
May 255.89
May 257.8
Apr 259.42
Apr 2510.28
Apr 255.26
FatPipe, Inc.
FATN
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News: FATN

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

accessnewswire.com · 11 Sep 2026

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, UT / ACCESS Newswire / 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 networking ("SD-WAN") and cybersecurity solutions, today announced the appointment of Kanishka Ragula as Chief Financial Officer, effective September 11, 2026.

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

accessnewswire.com · 11 Sep 2026

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

SALT LAKE CITY, UT / ACCESS Newswire / September 11, 2026 / FatPipe, Inc. (NASDAQ:FATN) ("FatPipe" or the "Company") today announced that ROTH Capital Partners, LLC ("ROTH") has initiated independent equity research coverage on the Company with a Buy rating and an $8.00 price target. "We are pleased to see ROTH initiate coverage of FatPipe.

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

accessnewswire.com · 9 Sep 2026

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

SALT LAKE CITY, UT / ACCESS Newswire / September 9, 2026 / FatPipe, Inc. (NASDAQ:FATN) ("FatPipe" or the "Company"), a provider of enterprise-class, application-aware, secure software-defined wide area network ("SD-WAN") solutions, today announced that members of its management team will participate in the H.C. Wainwright 28th Annual Global Investment Conference, taking place September 14-16, 2026, in New York City.

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

accessnewswire.com · 18 Aug 2026

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

New solution provides centralized visibility and monitoring across local area networks SALT LAKE CITY, UT / ACCESS Newswire / August 18, 2026 / FatPipe, Inc. (NASDAQ:FATN) ("FatPipe" or the "Company"), today announced the general availability of FatPipe Constellation, an AI-Assisted Complete Network Management and Visibility solution designed to give IT teams greater visibility into their devices and infrastructure across their local and Wide Area Networks. Constellation provides a centralized view of the LAN and WAN, helping organizations monitor network devices such as switches, routers, firewalls, servers, wireless equipment, and other supported network components.

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

globenewswire.com · 4 Aug 2026

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

SALT LAKE CITY and RESTON, Va., Aug. 04, 2026 (GLOBE NEWSWIRE) -- FatPipe, Inc. (NASDAQ: FATN), the inventor of software-defined wide area networking and a leader in enterprise-class Secure SD-WAN and cybersecurity solutions, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a partnership.

Fatpipe Inc/UT Q1 Earnings Call Highlights

marketbeat.com · 30 Jul 2026

Fatpipe Inc/UT Q1 Earnings Call Highlights

Fatpipe Inc/UT NASDAQ: FATN reported first-quarter fiscal 2027 sales growth of about 27% and income growth of roughly 65% from the prior-year period, while earnings per share increased to $0.09 from $0.05, Chief Executive Officer Ragula Bhaskar said during the company's earnings call.

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

prnewswire.com · 30 Jul 2026

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

SALT LAKE CITY, July 30, 2026 /PRNewswire/ -- 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 the period ended June 30, 2026. Q1 Highlights Q1 2027 revenue was $5.03M, representing 28% growth compared to $3.9M in Q1 2026 Q1 2027 net income was $1.2M compared to $0.7M in Q1 2026 Diluted net income per share was $0.09, compared to $0.05 in Q1 2026 Adjusted EBITDA for Q1 2027 was $1.3 million, representing an Adjusted EBITDA margin of approximately 25.6%, compared to $1.1 million in Q1 2026 Financial Performance Revenue growth during the quarter was driven by increased recurring billings, customer renewals, and new customer wins.

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

accessnewswire.com · 23 Jul 2026

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 questions regarding FatPipe's recently filed Form S-3 registration statement and would like to provide additional context.

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