Fatpipe (FATN) Gross Margin (2024 - 2026)
Fatpipe (FATN) reported Gross Margin of 90.52% for Q1 2026, down 503.0% on a YoY basis from 22.46% in Q1 2025, and up 3.25% quarter-over-quarter from 87.68% in Q4 2025.
Fatpipe (FATN) Gross Margin (2024 - 2026) Analysis & Trends
Fatpipe has reported Gross Margin for 3 years, with the latest figure at 90.52% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 503.0% year-over-year to 90.52%; the trailing twelve-month figure through Mar 2026 stood at 91.0% (down 248.0% YoY), and the FY2026 full-year result was 91.0%, down 248.0% from the prior year.
- Gross Margin for Q1 2026 stood at 90.52%, up from 87.68% in the prior quarter.
- The five-year high for Gross Margin was 95.9% in Q3 2024, with the low at 87.68% in Q4 2025.
- Historically, Gross Margin has averaged 92.04% across 3 years, with a median of 92.27% in 2025.
- Annual changes were most pronounced in 2025 — Gross Margin jumped 180 bps — and 2026, when it sank 503 bps.
- Fatpipe's Gross Margin stood at 87.94% in 2024, then retreated by 0 bps to 87.68% in 2025, then rose by 3 bps to 90.52% in 2026.
- The last three Gross Margin figures came in at 90.52% (Q1 2026), 87.68% (Q4 2025), and 92.1% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 67.63% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 61.73% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 88.06% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 86.78% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 73.59% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 76.12% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 80.29% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 73.54% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 71.21% |
| 10 | Fatpipe | 85.45 Mn | 80.23 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% |