Fatpipe (FATN) FCF Margin (2024 - 2026)

Fatpipe (FATN) reported FCF Margin of 12.75% for Q1 2026, down 756.0% on a YoY basis from 1.94% in Q1 2025, and down 324.24% quarter-over-quarter from 5.68% in Q4 2025.

Fatpipe (FATN) FCF Margin (2024 - 2026) Analysis & Trends

Fatpipe has reported FCF Margin for 3 years, with the latest figure at 12.75% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 756.0% year-over-year to 12.75%; the trailing twelve-month figure through Mar 2026 stood at 4.34% (down 112.0% YoY), and the FY2026 full-year result was 4.34%, down 112.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 12.75%, down from 5.68% in the prior quarter.
  • The five-year high for FCF Margin was 10.28% in Q3 2025, with the low at 14.0% in Q2 2025.
  • Historically, FCF Margin has averaged 3.24% across 3 years, with a median of 4.74% in 2024.
  • Annual changes were most pronounced in 2025 — FCF Margin jumped 997 bps — and 2026, when it slumped 756 bps.
  • Fatpipe's FCF Margin stood at 4.29% in 2024, then surged by 233 bps to 5.68% in 2025, then tumbled by 324 bps to 12.75% in 2026.
  • The last three FCF Margin figures came in at 12.75% (Q1 2026), 5.68% (Q4 2025), and 10.28% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 19.07%
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn -
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 55.23%
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 54.62%
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 14.80%
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 30.29%
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 55.21%
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 34.10%
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 14.55%
10 Fatpipe 85.45 Mn 80.23 Mn 6.54 Mn -12.75%

Historic Data

Download Data
DateValue
Mar 31, 2026 -12.75%
Dec 31, 2025 5.68%
Sep 30, 2025 10.28%
Jun 30, 2025 -14.00%
Mar 31, 2025 -5.19%
Dec 31, 2024 -4.29%
Sep 30, 2024 1.12%
Jun 30, 2024 -6.78%