Fatpipe (FATN) Research & Development (2024 - 2026)

Fatpipe (FATN) posted Research & Development of $3.4 million for Q1 2026, up 644.09% on a QoQ basis from $453539.0 in Q4 2025, and up 603.57% year-over-year from $479658.0 in Q1 2025.

Fatpipe (FATN) Research & Development (2024 - 2026) Analysis & Trends

Fatpipe's Research & Development history runs 3 years deep, the most recent figure standing at $3.4 million for Q1 2026.

  • Quarterly Research & Development rose 603.57% year-over-year to $3.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.8 million (up 101.46% YoY) and the FY2026 annual result came in at $4.8 million, up 168.13% from the prior year.
  • Research & Development was $3.4 million for Q1 2026 at Fatpipe, up from $453539.0 in the prior quarter.
  • Across five years, Research & Development topped out at $3.4 million in Q1 2026 and bottomed at $435402.0 in Q3 2024.
  • A 3-year average of $896308.6 and a median of $477057.5 in 2025 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2025 — Research & Development sank 53.25% — and 2026, when it surged 603.57%.
  • Fatpipe's Research & Development stood at $448568.0 in 2024, then grew by 1.11% to $453539.0 in 2025, then jumped by 644.09% to $3.4 million in 2026.
  • Business Quant data shows FATN's Research & Development at $3.4 million in Q1 2026, $453539.0 in Q4 2025, and $489157.0 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 6.81 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -
3 Oracle 344.13 Bn 312.24 Bn - 4.01 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 160.98 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 823.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 802.89 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 636.30 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 271.60 Mn
10 Fatpipe 71.77 Mn 66.56 Mn 6.54 Mn 3.37 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.37 Mn
Dec 31, 2025 453,539.00
Sep 30, 2025 489,157.00
Jun 30, 2025 474,457.00
Mar 31, 2025 479,658.00
Dec 31, 2024 448,568.00
Sep 30, 2024 435,402.00
Jun 30, 2024 1.01 Mn