Fatpipe (FATN) Operating Expenses (2024 - 2026)

Fatpipe (FATN) posted Operating Expenses of $4.4 million for Q1 2026, up 36.9% quarter-over-quarter from $3.2 million in Q4 2025, and up 25.82% year-on-year from $3.5 million in Q1 2025.

Fatpipe (FATN) Operating Expenses (2024 - 2026) Analysis & Trends

Fatpipe (FATN) has reported Operating Expenses for 3 consecutive years, with $4.4 million the latest figure, recorded in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $4.4 million, up 25.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $13.9 million (up 18.16% YoY), and the FY2026 annual result was $13.9 million, up 18.16% from the prior year.
  • Operating Expenses was $4.4 million for Q1 2026 at Fatpipe, up from $3.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $4.4 million in Q1 2026 and troughed at $2.6 million in Q4 2024.
  • Average Operating Expenses over 3 years is $3.2 million, with a median of $3.1 million recorded in 2024.
  • Year-over-year, Operating Expenses rose 3.82% in 2025 and climbed 25.82% in 2026.
  • Over 3 years, Operating Expenses stood at $2.6 million in 2024, then gained by 23.13% to $3.2 million in 2025, then soared by 36.9% to $4.4 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $4.4 million in Q1 2026, $3.2 million in Q4 2025, and $3.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 10.85 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 13.05 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 662.79 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 1.51 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 979.89 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 905.10 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 517.59 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 1.57 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 3.08 Bn
10 Fatpipe 85.24 Mn 80.03 Mn 6.54 Mn 4.36 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.36 Mn
Dec 31, 2025 3.18 Mn
Sep 30, 2025 3.65 Mn
Jun 30, 2025 2.71 Mn
Mar 31, 2025 3.46 Mn
Dec 31, 2024 2.58 Mn
Sep 30, 2024 3.10 Mn
Jun 30, 2024 2.61 Mn