Fatpipe (FATN) Gross Margin (2024 - 2026)
Fatpipe's (FATN) quarterly Gross Margin came in at 92.25% in Q2 2026, down 199.0% on a YoY basis from 93.18% in Q2 2025, and up 1.9% quarter-over-quarter from 90.52% in Q1 2026.
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Fatpipe (FATN) Gross Margin (2024 - 2026) Analysis & Trends
Fatpipe (FATN) has reported Gross Margin for 3 consecutive years, with 92.25% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin fell 199.0% year-over-year to 92.25%; the trailing twelve-month figure through Jun 2026 stood at 90.68% (down 322.0% YoY), and the FY2026 full-year result was 91.0%, down 248.0% from the prior year.
- Gross Margin advanced to 92.25% in Q2 2026 per FATN's latest filing, from 90.52% in the prior quarter.
- Across five years, Gross Margin topped out at 95.9% in Q3 2024 and bottomed at 87.68% in Q4 2025.
- Historically, Gross Margin has averaged 92.07% across 3 years, with a median of 92.25% in 2026.
- The sharpest annual moves came in 2025 and 2026: Gross Margin surged 180 bps in 2025, then slumped 503 bps in 2026.
- Over 3 years, Gross Margin stood at 87.94% in 2024, then slipped by 0 bps to 87.68% in 2025, then climbed by 5 bps to 92.25% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 92.25%, 90.52%, and 87.68% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 429.97 Bn | 414.05 Bn | 11.06 Bn | 64.13% |
| 2 | Ciena | 48.50 Bn | 45.87 Bn | 759.27 Mn | 45.43% |
| 3 | Ubiquiti | 35.16 Bn | 34.54 Bn | 429.25 Mn | 45.80% |
| 4 | Ericsson Lm Telephone | 33.51 Bn | 28.36 Bn | 2.58 Bn | 45.78% |
| 5 | Applied Optoelectronics | 9.11 Bn | 8.61 Bn | 53.21 Mn | 27.72% |
| 6 | Amdocs | 6.68 Bn | 6.47 Bn | 467.16 Mn | 39.76% |
| 7 | Extreme Networks | 2.88 Bn | 2.66 Bn | 210.49 Mn | 62.17% |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 64.85% |
| 9 | Calix | 2.25 Bn | 2.06 Bn | 160.12 Mn | 54.59% |
| 10 | Fatpipe | 79.34 Mn | 73.44 Mn | 4.64 Mn | 92.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 92.25% |
| Mar 31, 2026 | 90.52% |
| Dec 31, 2025 | 87.68% |
| Sep 30, 2025 | 92.10% |
| Jun 30, 2025 | 94.23% |
| Mar 31, 2025 | 95.55% |
| Dec 31, 2024 | 87.94% |
| Sep 30, 2024 | 95.90% |
| Jun 30, 2024 | 92.44% |