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Fatpipe (FATN) Q4 FY25 earnings results (fourth quarter fiscal 2025)

10-K filed Jun 30, 2025

Fatpipe (FATN) reported revenue of $9.8M for the fourth quarter fiscal 2025 (Q4 FY25) and +212% from the quarter before. Operating margin was 1.7%, net loss $368K (3.7% of revenue).

Revenue$9.8M
Year over year—
Quarter over quarter+212%
Operating margin1.7%
Net earnings−$368K

Fatpipe, Q4 FY25: revenue $9.8M, operating margin 1.7%, net loss $368K, operating cash flow −$190K. The chart follows the revenue to costs, profit and cash.

Q4 FY25AmountQ/QY/Y
Revenue$9.8M+212%—
Operating profit$164K——
Net earnings−$368K——
Operating cash flow−$190K——

What changed

Revenue was $9.8M in Q4 FY25, up 212% from the previous quarter.

Gross margin was 36.9%. Operating profit was $164K, a 1.7% margin. The quarter ended with a net loss of $368K, after a profit of $84K the previous quarter. Minority interests bore $14K of it: to shareholders the quarter was a loss of $355K.

Operating cash flow was −$190K. Non-cash charges added back $146K of depreciation and amortization. Working capital and other items added $32K.

Questions

What was Fatpipe's revenue in the fourth quarter fiscal 2025?

Fatpipe (FATN) reported revenue of $9.8M for the fourth quarter fiscal 2025 (Q4 FY25) and +212% from the quarter before.

Was Fatpipe profitable in the fourth quarter fiscal 2025?

Operating profit was $164K (1.7% of revenue) and net loss $368K.

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Source: Fatpipe 10-K on SEC EDGAR.