FatPipe Reports Second Quarter Fiscal Year 2026 Results
FatPipe (NASDAQ:FATN) reported second quarter fiscal 2026 results for the period ended September 30, 2025. Total revenue was $4.0 million, up from $3.9 million in Q1 FY2026.
Monthly Recurring Billings grew 49% versus Q2 FY2025 and Total Quarterly Billings grew 10% year-over-year. Gross margin remained high at 92%. EBITDA margin for the six months ended September 30, 2025 was 26% versus 24% a year earlier.
The company nearly tripled sales headcount year-over-year and completed a 210+ site SD-WAN deployment under a $1.4 million contract plus a 108-site bank deployment. Year-over-year revenue declined 29% due to two large deals in Q2 FY2025.
FatPipe (NASDAQ:FATN) ha riportato i risultati del secondo trimestre dell'anno fiscale 2026 per il periodo terminato il 30 settembre 2025. Il fatturato totale è stato $4.0 milioni, in aumento rispetto a $3.9 milioni nel Q1 FY2026.
Billing ricorrenti mensili sono cresciuti del 49% rispetto al Q2 FY2025 e Totale fatturato trimestrale è cresciuto del 10% anno su anno. Margine lordo rimasto elevato al 92%. Il margine EBITDA per i sei mesi terminati il 30 settembre 2025 è stato 26% contro il 24% un anno prima.
L'azienda ha quasi triplicato l'organico di vendita anno su anno e ha completato una implementazione SD-WAN di oltre 210 siti sotto un contratto da $1.4 milioni più una implementazione bancaria di 108 siti. Su base annua, i ricavi sono diminuiti del 29% a causa di due grandi contratti nel Q2 FY2025.
FatPipe (NASDAQ:FATN) presentó los resultados del segundo trimestre fiscal de 2026 para el periodo que terminó el 30 de septiembre de 2025. Los ingresos totales fueron $4.0 millones, frente a $3.9 millones en el Q1 FY2026.
Facturación Mensual Recurriente creció un 49% frente al Q2 FY2025 y Total de Facturación Trimestral creció un 10% año tras año. El margen bruto se mantuvo alto en 92%. El margen EBITDA para los seis meses terminados el 30 de septiembre de 2025 fue de 26% frente al 24% del año anterior.
La empresa casi triplicó el personal de ventas año tras año y completó una implementación SD-WAN de más de 210 sitios bajo un contrato de $1.4 millones más una implementación bancaria de 108 sitios. Los ingresos interanuales disminuyeron un 29% debido a dos grandes acuerdos en Q2 FY2025.
FatPipe (NASDAQ:FATN) 은 재무연도 2026년 2분기 실적을 2025년 9월 30일로 종료된 기간에 대해 발표했습니다. 총매출 은 $4.0백만으로, FY2026 1분기의 $3.9백만에서 증가했습니다.
월간 반복 청구는 FY2025 2분기 대비 49% 증가했고 분기 총 청구도 전년동기 대비 10% 증가했습니다. 총이익률은 92%로 높게 유지되었습니다. 2025년 9월 30일 종료된 6개월간의 EBITDA 마진은 26%로, 작년 동기 24% 대비 증가했습니다.
회사는 영업인력을 전년 대비 거의 3배로 늘렸고 $1.4백만 계약과 더불어 108개 사이트의 은행 배치를 포함한 210곳이 넘는 SD-WAN 배치를 완료했습니다. 연간 매출은 29% 감소했으며, 이는 FY2025 Q2의 두 건의 대형 거래 때문입니다.
FatPipe (NASDAQ:FATN) a publié les résultats du deuxième trimestre fiscal 2026 pour la période se terminant le 30 septembre 2025. Le chiffre d'affaires total s'est élevé à $4,0 millions, contre $3,9 millions au Q1 FY2026.
Facturation mensuelle récurrente a augmenté de 49% par rapport au Q2 FY2025 et le total de la facturation trimestrielle a progressé de 10% d'une année sur l'autre. La marge brute est restée élevée à 92%. La marge EBITDA pour les six mois clos le 30 septembre 2025 était de 26% contre 24% un an plus tôt.
L'entreprise a presque triplé ses effectifs de vente d'une année sur l'autre et a achevé une déploiement SD-WAN sur plus de 210 sites sous un contrat de $1,4 million plus un déploiement bancaire sur 108 sites. Les revenus annuels ont diminué d'environ 29% en raison de deux gros accords au Q2 FY2025.
FatPipe (NASDAQ:FATN) hat die Ergebnisse des zweiten Quartals des Geschäftsjahres 2026 für den Zeitraum bis zum 30. September 2025 bekannt gegeben. Der Gesamtumsatz betrug $4,0 Millionen, gegenüber $3,9 Millionen im Q1 FY2026.
Monatliche wiederkehrende Abrechnungen wuchsen um 49% gegenüber Q2 FY2025 und Gesamtquartalsabrechnungen wuchsen im Jahresvergleich um 10%. Bruttomarge blieb hoch bei 92%. Die EBITDA-Marge für die sechs Monate beendet zum 30. September 2025 betrug 26% gegenüber 24% ein Jahr zuvor.
Das Unternehmen hat die Vertriebsbelegschaft gegenüber dem Vorjahr fast verdoppelt und eine SD-WAN-Bereitstellung mit über 210 Standorten unter einem Vertrag über $1,4 Millionen abgeschlossen sowie eine Bank-Bereitstellung für 108 Standorte. Die Jahresumsätze gingen gegenüber dem Vorjahr um 29% zurück, bedingt durch zwei Großabschlüsse im Q2 FY2025.
FatPipe (NASDAQ:FATN) أبلغت عن نتائج الربع الثاني من السنة المالية 2026 للفترة المنتهية في 30 سبتمبر 2025. الإيرادات الإجمالية بلغت $4.0 مليون، ارتفاعاً من $3.9 مليون في الربع الأول من السنة المالية 2026.
الخصومات الشهرية المتكررة نمت بمقدار 49% مقارنةً بالربع الثاني من السنة المالية 2025 و< b>إجمالي الفواتير الربعية نما بمقدار 10% على أساس سنوي. الهامش الإجمالي ظل مرتفعاً عند 92%. وهامش EBITDA للفترة المنتهية في 30 سبتمبر 2025 كان 26% مقابل 24% قبل عام.
قامت الشركة بزيادة عدد موظفي المبيعات تقريبا بثلاثة أضعاف على أساس سنوي وأكملت توزيع SD-WAN على أكثر من 210 موقعاً بموجب عقد بقيمة $1.4 مليون بالإضافة إلى توزيع بنكي لـ 108 مواقع. على أساس سنوي انخفض الإيرادات بنسبة 29% بسبب صفقتين كبيرتين في Q2 FY2025.
- Monthly Recurring Billings +49% YoY
- Total Quarterly Billings +10% YoY
- Gross margin at 92% for the quarter
- 6-month EBITDA margin improved to 26% from 24%
- Completed a 210+ site SD-WAN deployment under a $1.4M contract
- Revenue -29% YoY for Q2 FY2026 due to two large Q2 FY2025 deals
- Revenue scale remains modest at $4.0M total quarterly revenue
Insights
Mixed operational momentum: strong recurring billings and margins, offset by YoY revenue decline due to timing of large deals.
FatPipe shows clear subscription traction:
Profitability metrics remain constructive: EBITDA margin for the six months ended
Key dependencies and near-term monitors include retention and conversion of recurring billings into cash, sales productivity as headcount scales, and recognition timing for large contracts such as the completed
Monthly Recurring Billings Grew
49% Sales Headcount Nearly Tripled From the Second Quarter of Fiscal 2025 to Second Quarter of Fiscal 2026
SALT LAKE CITY, UTAH / ACCESS Newswire / November 4, 2025 / FatPipe, Inc. (NASDAQ:FATN) ("FatPipe" or the "Company"), a pioneer in enterprise-class, application-aware, secure software-defined wide area network ("SD-WAN") solutions that provide high levels of reliability, security, and optimization for Wide Area Networks (WANs) and single-stack cybersecurity solutions, today announced its second quarter fiscal year 2026 results for the period ended September 30, 2025.
Q2 Highlights
Total revenue, including professional services, was
$4.0 million , compared to$3.9 million in the first quarter of fiscal 2026.Monthly Recurring Billings for 2nd quarter fiscal 2026 grew
49% , compared to 2nd quarter fiscal 2025.Total Quarterly Billings for 2nd quarter fiscal 2026 grew
10% , compared to 2nd quarter fiscal 2025Gross margin remained strong at
92% for the quarter.FatPipe nearly tripled sales headcount from the second quarter of fiscal 2025 to the second quarter of fiscal 2026. The new resources are expected to help increase sales in the coming quarters
Due to two large deals in the 2nd quarter fiscal 2025, YoY revenue decreased by
29% for 2nd quarter fiscal 2026 compared to 2nd quarter fiscal 2025EBITDA margin for the 6 months ended September 30, 2025, was
26% compared to24% for the 6 months ended September 30, 2024.Completed a 210+ site SD-WAN deployment under a
$1.4 million contract for a large U.S. school district and continued to expand in the education vertical.Completed a 108-site deployment for a large regional bank.
"This was a solid quarter for FatPipe as we continued to execute our growth strategy while scaling as a new public company," said Dr. Ragula Bhaskar, CEO of FatPipe. "We saw healthy billings growth, increased contribution from recurring revenue, and strong interest from enterprises and public sector customers that are looking for secure, high-performance SD-WAN and cybersecurity alternatives to legacy vendors. With our focus on disciplined execution, expanding sales coverage, and leveraging our single-stack networking and cybersecurity portfolio, we believe we are well-positioned to drive long-term value for our shareholders."
About FatPipe, Inc.
FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminated the need for cooperation from ISPs and allow companies and service providers to control multi-link network traffic worldwide. FatPipe has now pioneered cost-effective, advanced single-stack cybersecurity for on-premise deployments that significantly improve network and cybersecurity for SMBs.
For more information, please visit www.fatpipeinc.com.
Follow us on X @FatPipe_Inc.
Forward-Looking Statements
Certain statements contained in this press release, including statements relating to the Company's expectations regarding the completion, timing and size of its proposed public offering and listing may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, risks and uncertainties associated with the consummation of the offering and other risks described in FatPipe's registration statement on Form S-1, as it may be amended from time to time. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences.
Company Contact Info
+1 801.683-5656 x 1140
Investor.ir@fatpipeinc.com
SOURCE: FatPipe, Inc.
View the original press release on ACCESS Newswire
FAQ
What were FatPipe (FATN) results for Q2 fiscal 2026 ended September 30, 2025?
How much did FatPipe's Monthly Recurring Billings grow in Q2 FY2026?
Why did FatPipe's year-over-year revenue fall 29% in Q2 FY2026?
What were FatPipe's margins in Q2 FY2026 and the six-month period?
Did FatPipe expand its sales team in fiscal Q2 2026 (FATN)?
What material contracts did FatPipe announce in Q2 FY2026?
