Fatpipe (FATN) Gross Margin (2024 - 2026)
Fatpipe's (FATN) quarterly Gross Margin came in at 92.25% in Q2 2026, down 199.0% YoY from 93.18% in Q2 2025, and up 1.9% on a QoQ basis from 90.52% in Q1 2026.
Fatpipe (FATN) Gross Margin (2024 - 2026) Analysis & Trends
Fatpipe (FATN) has 3 years of Gross Margin data on file, last reported at 92.25% in Q2 2026.
- Quarterly Gross Margin fell 199.0% year-over-year to 92.25% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 90.68% (down 322.0% YoY) and the FY2026 annual result came in at 91.0%, down 248.0% from the prior year.
- Gross Margin improved to 92.25% in Q2 2026, from 90.52% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 95.9% in Q3 2024 to a low of 87.68% in Q4 2025.
- A 3-year average of 92.07% and a median of 92.25% in 2026 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2025 — Gross Margin jumped 180 bps — and 2026, when it sank 503 bps.
- Tracing FATN's Gross Margin over 3 years: stood at 87.94% in 2024, then retreated by 0 bps to 87.68% in 2025, then gained by 5 bps to 92.25% in 2026.
- The last three Gross Margin figures came in at 92.25% (Q2 2026), 90.52% (Q1 2026), and 87.68% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 67.20% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 84.66% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 47.84% |
| 10 | Fatpipe | 85.19 Mn | 79.28 Mn | 4.64 Mn | 92.25% |
Historic Data
Download 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% |