Neutral
Accesswire
11 days ago
FatPipe Inc. (FATN) Reports Third Quarter Fiscal Year 2026 Results. Revenues up 30%, MRR up 48% Y-o-Y, and Cash Flow Positive
SALT LAKE CITY, UTAH / ACCESS Newswire / February 2, 2026 / FatPipe, Inc. (NASDAQ:FATN) ("FatPipe" or the "Company"), a pioneer and multiple patents holder in enterprise-class, application-aware, secure software-defined wide area network ("SD-WAN") and single-stack cybersecurity solutions, today announced its third quarter fiscal year 2026 results for the period ended December 31, 2025. Q3 Highlights Total revenue, including professional services, was $4.1 million, representing 30% growth compared to the third quarter of fiscal 2025 Monthly Recurring Billings grew 48% compared to the third quarter of fiscal 2025, reflecting continued adoption of FatPipe's subscription offerings Total Quarterly Billings increased 27% compared to the third quarter of fiscal 2025 Adjusted EBITDA for the three months ended December 31 was $0.59 million, representing an EBITDA margin of approximately 14%, reflecting operating leverage as the Company scales and invests in growth, compared to $0.57 million in the third quarter of fiscal 2025 Cash and cash equivalents as of December 31, 2025, were $6.2 million, providing flexibility to support continued growth initiatives Continued expansion of the sales organization and channel partner network to support growing pipeline activity Closed multiple large multi-site SD-WAN deployments across education, financial services, and enterprise verticals Financial Performance Revenue growth during the quarter was driven by increased recurring billings, customer renewals, and new customer wins.