Fatpipe (FATN) Gross Margin (2024 - 2026)
Fatpipe (FATN) posted Gross Margin of 90.52% for Q1 2026, up 3.25% quarter-over-quarter from 87.68% in Q4 2025, and down 503.0% year-on-year from 22.46% in Q1 2025.
Fatpipe (FATN) Gross Margin (2024 - 2026) Analysis & Trends
Fatpipe (FATN) has reported Gross Margin for 3 consecutive years, with 90.52% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 90.52%, down 503.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 91.0% (down 248.0% YoY), and the FY2026 annual result was 91.0%, down 248.0% from the prior year.
- Gross Margin was 90.52% for Q1 2026 at Fatpipe, up from 87.68% in the prior quarter.
- Over five years, Gross Margin peaked at 95.9% in Q3 2024 and troughed at 87.68% in Q4 2025.
- Average Gross Margin over 3 years is 92.04%, with a median of 92.27% recorded in 2025.
- Year-over-year, Gross Margin soared 180 bps in 2025 and tumbled 503 bps in 2026.
- Over 3 years, Gross Margin stood at 87.94% in 2024, then dropped by 0 bps to 87.68% in 2025, then climbed by 3 bps to 90.52% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 90.52% in Q1 2026, 87.68% in Q4 2025, and 92.1% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 67.63% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 89.22% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 86.78% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 73.59% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 76.12% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 80.29% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 71.21% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 73.54% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 48.03% |
| 10 | Fatpipe | 85.24 Mn | 80.03 Mn | 6.54 Mn | 90.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |