Filing Flows › Fatpipe (FATN) › Q2 FY27 › vs Q1 FY27
Fatpipe (FATN) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Fatpipe's revenue fell $197K (-4%) from $5.0M in Q1 FY27 to $4.8M in Q2 FY27. The biggest changes: Product −$216K (-6%); Consulting +$45K (+8%); Service −$27K (-3%). Gross margin 90.0% against 92.2% (-2.3 pts).
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 draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 90.0% | 92.2% | -2.3 pts |
| Operating margin | 17.5% | 17.9% | -0.4 pts |
| Net margin | 24.9% | 24.4% | +0.5 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Product | $3.3M | $3.5M | −$216K | -6% |
| Service | $918K | $944K | −$27K | -3% |
| Consulting | $593K | $548K | $45K | +8% |
| Revenue | $4.8M | $5.0M | −$197K | -4% |
| Gross profit | $4.3M | $4.6M | −$292K | -6% |
| Cost of revenue | $485K | $390K | $95K | +24% |
| Operating profit | $845K | $901K | −$57K | -6% |
| Operating expenses | $3.5M | $3.7M | −$236K | -6% |
| Pre-tax earnings | $831K | $855K | −$25K | -3% |
| Research & development | $525K | $527K | −$2K | -0.4% |
| Sales & marketing | $1.3M | $1.4M | −$14K | -1% |
| General & admin | $1.1M | $1.2M | −$101K | -9% |
| Other operating costs | $576K | $694K | −$118K | -17% |
| Income tax benefit | $371K | $371K | −$110 | 0% |
| Net earnings | $1.2M | $1.2M | −$25K | -2% |
| Operating cash sources | $2.4M | $2.2M | $213K | +10% |
| Depreciation & amortization | $42K | $43K | −$1K | -2% |
| Share-based compensation | $15K | $204K | −$190K | -93% |
| Cash used in operations | $1.1M | $679K | $428K | +63% |
| Working capital & other | $2.4M | $2.2M | $213K | +10% |
Questions
How much did Fatpipe's revenue grow quarter over quarter in Q2 FY27?
Fatpipe's revenue fell $197K (-4%) from $5.0M in Q1 FY27 to $4.8M in Q2 FY27.
What drove Fatpipe's revenue change in Q2 FY27?
Product −$216K (-6%); Consulting +$45K (+8%); Service −$27K (-3%).