Fatpipe (FATN) Operating Expenses (2024 - 2026)
Fatpipe's (FATN) quarterly Operating Expenses came in at $3.7 million in Q2 2026, up 38.2% YoY from $2.7 million in Q2 2025, and down 14.13% on a QoQ basis from $4.4 million in Q1 2026.
Fatpipe (FATN) Operating Expenses (2024 - 2026) Analysis & Trends
Fatpipe (FATN) has 3 years of Operating Expenses data on file, last reported at $3.7 million in Q2 2026.
- Quarterly Operating Expenses rose 38.2% year-over-year to $3.7 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $14.9 million (up 25.89% YoY) and the FY2026 annual result came in at $13.9 million, up 18.16% from the prior year.
- Operating Expenses slipped to $3.7 million in Q2 2026, from $4.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $4.4 million in Q1 2026 to a low of $2.6 million in Q4 2024.
- A 3-year average of $3.3 million and a median of $3.2 million in 2025 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2025 — Operating Expenses grew 3.82% — and 2026, when it jumped 38.2%.
- Tracing FATN's Operating Expenses over 3 years: stood at $2.6 million in 2024, then grew by 23.13% to $3.2 million in 2025, then climbed by 17.55% to $3.7 million in 2026.
- The last three Operating Expenses figures came in at $3.7 million (Q2 2026), $4.4 million (Q1 2026), and $3.2 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 12.28 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 726.59 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 13.05 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 2.21 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 953.90 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 705.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.57 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 2.62 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 2.72 Bn |
| 10 | Fatpipe | 85.19 Mn | 79.28 Mn | 4.64 Mn | 3.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.74 Mn |
| 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 |