Fatpipe (FATN) Operating Margin (2024 - 2026)
Fatpipe's (FATN) quarterly Operating Margin came in at 17.92% in Q2 2026, down 756.0% on a YoY basis from 2.73% in Q2 2025, and down 40.76% quarter-over-quarter from 30.24% in Q1 2026.
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Fatpipe (FATN) Operating Margin (2024 - 2026) Analysis & Trends
Fatpipe (FATN) has reported Operating Margin for 3 consecutive years, with 17.92% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 756.0% year-over-year to 17.92%; the trailing twelve-month figure through Jun 2026 stood at 17.18% (down 476.0% YoY), and the FY2026 full-year result was 18.69%, down 263.0% from the prior year.
- Operating Margin slipped to 17.92% in Q2 2026 per FATN's latest filing, from 30.24% in the prior quarter.
- Across five years, Operating Margin topped out at 40.45% in Q3 2024 and bottomed at 0.02% in Q3 2025.
- Historically, Operating Margin has averaged 17.45% across 3 years, with a median of 17.92% in 2026.
- The sharpest annual moves came in 2025 and 2026: Operating Margin tumbled 4047 bps in 2025, then jumped 2593 bps in 2026.
- Over 3 years, Operating Margin stood at 5.87% in 2024, then jumped by 68 bps to 9.84% in 2025, then jumped by 82 bps to 17.92% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 17.92%, 30.24%, and 9.84% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 429.97 Bn | 414.05 Bn | 11.06 Bn | 24.72% |
| 2 | Ciena | 48.50 Bn | 45.87 Bn | 759.27 Mn | 18.02% |
| 3 | Ubiquiti | 35.16 Bn | 34.54 Bn | 429.25 Mn | 36.27% |
| 4 | Ericsson Lm Telephone | 33.51 Bn | 28.36 Bn | 2.58 Bn | 80.39% |
| 5 | Applied Optoelectronics | 9.11 Bn | 8.61 Bn | 53.21 Mn | -12.88% |
| 6 | Amdocs | 6.68 Bn | 6.47 Bn | 467.16 Mn | 8.90% |
| 7 | Extreme Networks | 2.88 Bn | 2.66 Bn | 210.49 Mn | 6.22% |
| 8 | Digi International | 2.63 Bn | 2.60 Bn | 89.93 Mn | 16.51% |
| 9 | Calix | 2.25 Bn | 2.06 Bn | 160.12 Mn | 7.45% |
| 10 | Fatpipe | 79.34 Mn | 73.44 Mn | 4.64 Mn | 17.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.92% |
| Mar 31, 2026 | 30.24% |
| Dec 31, 2025 | 9.84% |
| Sep 30, 2025 | -0.02% |
| Jun 30, 2025 | 25.48% |
| Mar 31, 2025 | 4.31% |
| Dec 31, 2024 | 5.87% |
| Sep 30, 2024 | 40.45% |
| Jun 30, 2024 | 22.93% |