Every 10-Q that FatPipe Inc. (FATN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FATN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FATN filings page.
FatPipe Inc. reported profitable results for the quarter ended June 30, 2026. Revenue was $5,031,538, up from $3,935,923 a year earlier, driven mainly by higher product revenue. Net income attributable to stockholders increased to $1,226,328, and gross margin remained very high at 92.2%.
Operating expenses rose, particularly general and administrative costs related to public-company operations and provisions on contract receivables, so income from operations edged down to $901,465. Despite profitability, operating activities used $679,047 of cash, and cash and equivalents fell to $4,308,342, while long-term debt totaled $4,140,158. Partner A provided 33.92% of quarterly revenue, indicating meaningful customer concentration. Adjusted EBITDA was $1,287,426. After quarter-end, the company filed a $20.0 million shelf registration and established a $10.0 million at-the-market equity program, under which future issuances could dilute existing shareholders.
FatPipe Inc. reported solid quarterly results for the three months ended December 31, 2025. Revenue rose to $4.1 million, up 30% from the prior-year quarter, while net income increased to $310,662 from $67,956 as high-margin software and services drove an 88% gross margin.
For the nine-month period, revenue was $12.0 million, slightly below $12.5 million a year earlier, and net income declined to $1.0 million from $2.3 million as the company lapped unusually large prior-year contracts and increased spending on sales, marketing and product development.
Cash grew to $6.2 million from $2.9 million at March 31, 2025, helped by April 2025 IPO net proceeds of about $3.7 million. Long-term debt totaled $4.6 million, including a Fortis Bank term loan at an 8.75% interest rate, while deferred revenue of $1.1 million supports future service revenue.
FatPipe, Inc. (FATN) reported Q2 FY2026 results, with revenue of $3,959,231, down year over year due to two large contracts in the prior-year quarter. Gross profit was $3,646,327 and gross margin was 92%. Operating expenses rose, led by sales and marketing at $1,202,636 and general and administrative at $1,392,675. The quarter recorded a small net loss of $43,387.
For the six months ended September 30, 2025, revenue was $7,895,154 (down 16% year over year), gross margin was 93%, and net income was $697,808. Cash increased to $6,229,021, supported by IPO net proceeds of approximately $3,700,000. Deferred revenue was $1,100,715 and remaining performance obligations totaled $2,544,276. Notes payable were $4,761,027 (current $577,706). Customer concentration was high, with three partners contributing 56.33% of six‑month revenue, including Partner A at 49.03%. Shares outstanding were 13,924,468 as of November 3, 2025.