Filing Flows › Fatpipe (FATN) › Q3 FY26
Fatpipe (FATN) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Feb 2, 2026
Fatpipe (FATN) reported revenue of $4.1M for the third quarter fiscal 2026 (Q3 FY26), +30% from a year earlier and +3% from the quarter before. Operating margin was 9.8%, net earnings $311K (7.6% of revenue).
Fatpipe, Q3 FY26: revenue $4.1M (+30% year over year), operating margin 9.8%, net earnings $311K, operating cash flow $241K. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.1M | +3% | +30% |
| Gross profit | $3.6M | -2% | +29% |
| Operating profit | $402K | — | +118% |
| Net earnings | $311K | — | +268% |
| Operating cash flow | $241K | -40% | — |
What changed
Revenue was $4.1M in Q3 FY26, up 30% year over year and up 3% from the previous quarter. Product was the largest line at 63% of revenue. Product added $619K year over year (up 32%), 66% of the total change. Consulting declined 18%.
Gross margin was 87.7%, down 0.3 points from a year earlier. Operating profit was $402K, a 9.8% margin (up 4.0 points year over year). Of the extra revenue versus a year earlier, 23% reached operating profit, above the 6% margin then. Operating expenses grew 23% against revenue growth of 30%. The fastest-growing cost line was Sales & marketing (+44%). Net earnings were $311K, up 357% year over year. The effective tax rate was 22.5%.
Operating cash flow was $241K, 78% of net earnings. Non-cash charges added back $103K of depreciation and amortization. Working capital and other items used $173K.
Questions
What was Fatpipe's revenue in the third quarter fiscal 2026?
Fatpipe (FATN) reported revenue of $4.1M for the third quarter fiscal 2026 (Q3 FY26), +30% from a year earlier and +3% from the quarter before.
Was Fatpipe profitable in the third quarter fiscal 2026?
Operating profit was $402K (9.8% of revenue) and net earnings $311K.
Source: Fatpipe 10-Q on SEC EDGAR.