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Fatpipe (FATN) gross margin by quarter

Fatpipe's gross margin was 90.0% in Q2 FY27 (second quarter fiscal 2027), -2.3 pts from Q1 FY27. Over the last 5 quarters it ranged from 48.3% (Q4 FY26) to 94.2% (Q1 FY26).

Fatpipe gross margin by quarterFatpipe gross margin by quarter94.2%Q1 FY2687.7%Q3 FY2648.3%Q4 FY2692.2%Q1 FY2790.0%Q2 FY27
QuarterGross marginQ/QY/Y
Q2 FY2790.0%-2.3 pts—
Q1 FY2792.2%+44.0 pts-2.0 pts
Q4 FY2648.3%-39.4 pts—
Q3 FY2687.7%-6.6 pts—
Q1 FY2694.2%——

Q2 FY27 at a glance

Fatpipe, Q2 FY27: revenue $4.8M (+22% year over year), operating margin 17.5%, net earnings $1.2M, operating cash flow −$1.1M. The chart follows the revenue to costs, profit and cash.

Questions

What is Fatpipe's gross margin?

Fatpipe's gross margin was 90.0% in Q2 FY27 (second quarter fiscal 2027), -2.3 pts from Q1 FY27.

How has Fatpipe's gross margin changed?

Over the last 5 quarters it ranged from 48.3% (Q4 FY26) to 94.2% (Q1 FY26).

Q2 FY27 results → · How Fatpipe makes money →