FatPipe, Inc. (FATN)
Salt Lake City, UT, US
FatPipe, Inc. develops application-aware, secure software-defined wide area network, secure access service edge, and network monitoring service (NMS) software solutions in the United States, India, and internationally. The company offers SD-WAN, a network architecture solution that allows enterprises to utilize software and virtualization technologies to enhance the performance, security, and manageability of their WANs that connect offices, data centers, cloud applications, and cloud storage; SASE that provides virtual network functions, which combine networking and network security services into a single cloud-delivered solution; and NMS, a EnterpriseView reporting system for network monitoring that provides a platform to monitor an end-user’s WAN and the performance of FatPipe devices under management. It also provides technical support services, professional, technology development, and training services. In addition, the company offers its solutions to enterprises, communication service providers, security service providers, government organizations, and other middle-market companies. The company sells its software solutions through a subscription-based model through a network of distributors, value-added resellers, internet service providers, and other third parties. FatPipe, Inc. was incorporated in 2010 and is headquartered in Salt Lake City, Utah.
Based on only 1 article — low confidence
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -11.24% | -4.77% | +83.98% | +120.35% | +54.69% | +87.62% | -67.27% | -70.85% | -70.85% | -70.85% | -70.85% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 2 | +1 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Software - Application: +13.0%+17.9% ★ Q1'26: +129.5% (vs Q1'25)
-
EPS growth Software - Application: +28.6%+133.3% ★ Q1'26: +4,344.4% (vs Q1'25)
-
FCF margin FCF growth · Software - Application: +45.3%-16.0% Q1'26: -12.7% (vs Q1'25)
-
EBIT margin Software - Application: +9.4%+18.7% ★ Q1'26: +30.2% (vs Q1'25)
-
ROIC Software - Application: +7.5%+14.0% ★ Q1'26: +34.0% (vs Q1'25)
-
Share dilution Software - Application: +0.0%+8.9% Q1'26: +5.3% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×1.44× Q1'26: 0.63× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Mar 2026 2 Rev. Ana. 2 EPS Ana. |
Mar 2027 2 Rev. Ana. 1 EPS Ana. |
Mar 2028 1 Rev. Ana. 1 EPS Ana. |
Mar 2029 2 Rev. Ana. 1 EPS Ana. |
Mar 2030 1 Rev. Ana. 1 EPS Ana. |
Mar 2031 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|
| Revenue |
18.17M
18.16M – 18.18M
|
22.00M
20.67M – 23.33M
+21.0% YoY
|
30.76M
28.54M – 32.94M
+39.8% YoY
|
47.84M
45.70M – 49.98M
+55.5% YoY
|
67.16M
62.31M – 71.93M
+40.4% YoY
|
92.00M
85.36M – 98.53M
+37.0% YoY
|
| EBITDA |
4.21M
4.20M – 4.21M
|
5.09M
4.78M – 5.40M
+21.0% YoY
|
7.12M
6.60M – 7.62M
+39.8% YoY
|
11.07M
10.57M – 11.57M
+55.5% YoY
|
15.54M
14.42M – 16.64M
+40.4% YoY
|
21.29M
19.75M – 22.80M
+37.0% YoY
|
| EBIT |
3.59M
3.58M – 3.59M
|
4.34M
4.08M – 4.60M
+21.0% YoY
|
6.07M
5.63M – 6.50M
+39.8% YoY
|
9.44M
9.02M – 9.86M
+55.5% YoY
|
13.25M
12.30M – 14.19M
+40.4% YoY
|
18.16M
16.85M – 19.44M
+37.0% YoY
|
| Net Income |
2.73M
2.55M – 2.91M
|
2.61M
2.27M – 2.96M
-4.3% YoY
|
3.15M
2.86M – 3.44M
+20.6% YoY
|
1.26M
1.14M – 1.38M
-60.0% YoY
|
1.82M
1.65M – 1.99M
+44.6% YoY
|
2.38M
2.16M – 2.60M
+30.8% YoY
|
| SGA |
11.19M
11.18M – 11.19M
|
13.54M
12.73M – 14.36M
+21.0% YoY
|
18.94M
17.57M – 20.28M
+39.8% YoY
|
29.45M
28.13M – 30.77M
+55.5% YoY
|
41.35M
38.36M – 44.28M
+40.4% YoY
|
56.64M
52.55M – 60.66M
+37.0% YoY
|
| EPS |
0.19
0.18 – 0.21
|
0.19
0.16 – 0.21
+0.0% YoY
|
0.23
0.20 – 0.25
+18.4% YoY
|
0.09
0.08 – 0.10
-60.0% YoY
|
0.13
0.12 – 0.14
+44.4% YoY
|
0.17
0.15 – 0.19
+30.8% YoY
|
| Date | Firm | Previous | New Grade | Action |
|---|---|---|---|---|
| 2026-05-01 | D. Boral Capital | Buy | Buy | Maintain |
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-21 | A- | 4/5 | 1/5 | 5/5 | 5/5 | 2/5 | 4/5 | 4/5 |
| 2026-05-20 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-19 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-18 | D+ | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-15 | B | 3/5 | 1/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-05-14 | B | 3/5 | 1/5 | 3/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-05-13 | B | 3/5 | 1/5 | 3/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-05-12 | B | 3/5 | 1/5 | 3/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-05-11 | B | 3/5 | 1/5 | 3/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-05-08 | B | 3/5 | 1/5 | 3/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-05-07 | B | 3/5 | 1/5 | 3/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-05-06 | B | 3/5 | 1/5 | 3/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-05-05 | B | 3/5 | 1/5 | 3/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-05-04 | B | 3/5 | 1/5 | 3/5 | 4/5 | 2/5 | 3/5 | 4/5 |
| 2026-05-01 | B | 3/5 | 1/5 | 3/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-30 | B | 3/5 | 1/5 | 3/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-29 | B | 3/5 | 1/5 | 3/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-28 | B | 3/5 | 1/5 | 3/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-27 | B- | 3/5 | 1/5 | 2/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-24 | B- | 3/5 | 1/5 | 2/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-23 | B- | 3/5 | 1/5 | 2/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-22 | B- | 3/5 | 1/5 | 2/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-21 | B- | 3/5 | 1/5 | 2/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-20 | B- | 3/5 | 1/5 | 2/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-17 | B- | 3/5 | 1/5 | 2/5 | 4/5 | 2/5 | 2/5 | 4/5 |
| 2026-04-16 | B- | 3/5 | 1/5 | 2/5 | 4/5 | 2/5 | 2/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares Micro-Cap ETF IWC | 0.01% | 135.0K | 0.60% |
Insider Activity
No insider activity available.
Insider history not available.
| Date | Person | Role | Transaction | A/D | Security | Shares | Price | Value | Owned after | D/I | Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-03 | Bhaskar Ragula | Director / 10% Owner | P-Purchase | A | Common Stock | 20,000 | 1.45 | 29.0K | 2,305,766 | D | ↗ |
| 2025-04-07 | Turgeon Jean Pierre | Director | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2025-04-07 | Tandon Ajay | Director | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2025-04-07 | Skyline Investment Trust | Director | — | — | Common Stock | 0 | 0.00 | — | 1,030,820 | I | ↗ |
| 2025-04-07 | Mason Sutter SF Trust | Director | — | — | Common Stock | 0 | 0.00 | — | 1,590,517 | I | ↗ |
| 2025-04-07 | Majumder I. Bobby | Director | — | — | Common Stock | 0 | 0.00 | — | 1,191 | D | ↗ |
| 2025-04-07 | Datta Sanchaita | Director / Officer / 10% Owner | — | — | Common Stock | 0 | 0.00 | — | 1,546,242 | D | ↗ |
| 2025-04-07 | Bhaskar Ragula | Director / Officer / 10% Owner | — | — | Common Stock | 0 | 0.00 | — | 2,285,766 | D | ↗ |
| 2025-01-15 | Datta Sanchaita | Director / 10% Owner | P-Purchase | A | Common Stock | 500 | 2.17 | 1.1K | 1,549,242 | D | ↗ |
| 2025-01-14 | Datta Sanchaita | Director / 10% Owner | P-Purchase | A | Common Stock | 500 | 2.13 | 1.1K | 1,548,242 | D | ↗ |
| 2025-01-13 | Datta Sanchaita | Director / 10% Owner | P-Purchase | A | Common Stock | 500 | 2.13 | 1.1K | 1,546,742 | D | ↗ |
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Sanchaita Datta | Co-Founder, President, Chief Technology Officer & Director | 290.2K | female |
| Ragula Bhaskar | Co-Founder, Chairman & Chief Executive Officer | 290.0K | — |
| Eric Sherb | Chief Financial Officer | — | male |
| Alisanne Korologos | Director of Communications | — | female |
| Tom Aufiero | Senior Vice President of Sales | — | male |
| Harish Motwani | Executive Vice President of Strategic Business & Solution Sales | — | male |
| Eric Michael Sherb | Chief Financial Officer | — | male |
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for FATN
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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