Fatpipe (FATN) Net Margin (2024 - 2026)
Fatpipe (FATN) posted Net Margin of 54.83% for Q1 2026, up 621.44% on a QoQ basis from 7.6% in Q4 2025, and up 6418.0% year-over-year from 0.84% in Q1 2025.
Fatpipe (FATN) Net Margin (2024 - 2026) Analysis & Trends
Fatpipe's Net Margin history runs 3 years deep, the most recent figure standing at 54.83% for Q1 2026.
- Quarterly Net Margin rose 6418.0% year-over-year to 54.83% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 25.87% (up 1390.0% YoY) and the FY2026 annual result came in at 25.87%, up 1380.0% from the prior year.
- Net Margin was 54.83% for Q1 2026 at Fatpipe, up from 7.6% in the prior quarter.
- Across five years, Net Margin topped out at 54.83% in Q1 2026 and bottomed at 9.35% in Q1 2025.
- A 3-year average of 14.79% and a median of 11.92% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2025 — Net Margin slumped 3018 bps — and 2026, when it surged 6418 bps.
- Fatpipe's Net Margin stood at 2.16% in 2024, then jumped by 252 bps to 7.6% in 2025, then surged by 621 bps to 54.83% in 2026.
- Business Quant data shows FATN's Net Margin at 54.83% in Q1 2026, 7.6% in Q4 2025, and 1.1% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 38.34% |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 13.90% |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 30.88% |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 53.68% |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 16.65% |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 4.71% |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 28.90% |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -3.58% |
| 10 | Fatpipe | 71.77 Mn | 66.56 Mn | 6.54 Mn | 54.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.83% |
| Dec 31, 2025 | 7.60% |
| Sep 30, 2025 | -1.10% |
| Jun 30, 2025 | 18.83% |
| Mar 31, 2025 | -9.35% |
| Dec 31, 2024 | 2.16% |
| Sep 30, 2024 | 29.09% |
| Jun 30, 2024 | 16.24% |