Fatpipe Inc/UT
Financial highlights
| Metric | FY 03/31/26 | FY 03/31/25 | FY 03/31/24 | FY 03/31/23 |
|---|---|---|---|---|
| Income Statement | ||||
| Revenue | $19.2M | $16.3M | $17.9M | — |
| Cost of revenue | $1.7M | $1.1M | $1.1M | — |
| Gross profit | $17.5M | $15.2M | $16.8M | — |
| Research and development | $1.9M | $1.8M | — | — |
| Operating expenses | $13.9M | $11.8M | $11.2M | — |
| Operating income | $3.6M | $3.5M | $5.6M | — |
| Interest expense | $403,391 | $329,892 | $302,124 | — |
| Pretax income | $3.5M | $3.3M | $5.6M | — |
| Income tax expense | -$1.5M | $1.3M | $1.4M | — |
| Net income | $5.0M | $2.0M | $4.4M | — |
| Balance Sheet | ||||
| Cash and equivalents | — | $2.9M | $1.1M | — |
| Current assets | $16.5M | $13.0M | $9.3M | — |
| Total assets | $34.5M | $28.3M | $21.4M | — |
| Current liabilities | $4.3M | $6.5M | $4.7M | — |
| Total liabilities | $9.3M | $12.4M | $7.4M | — |
| Stockholders' equity | $25.2M | $15.9M | $13.9M | $9.6M |
| Cash Flow Statement | ||||
| Cash from operations | -$780,393 | -$504,124 | -$363,425 | — |
| Depreciation and amortization | $369,249 | $545,709 | $699,257 | — |
| Stock-based compensation | $770,220 | — | — | — |
| Capital expenditure | $52,483 | $19,762 | $19,188 | — |
| Free cash flow | -$832,876 | -$523,886 | -$382,613 | — |
Shares outstanding 13.9M · Free float 53.5%
Annual filing data through FY ended March 31, 2026; float as of July 4, 2026.