FatPipe Reports Q2 2027 Revenue Growth of 22% and Return to Profitability
FatPipe, Inc. (FATN) reported strong second-quarter financial results for the period ending September 30, 2026, highlighted by a 22% year-over-year revenue increase to $4.83 million. The company successfully transitioned from a net loss in the prior year's quarter to a net income of $1.2 million, driven by robust recurring billings which grew 55% year-over-year. Operational highlights include an improved Adjusted EBITDA margin of 24.1% and a healthy gross margin of 90%. Management is currently focused on scaling the sales force from 30 to 36 members by March 2027, with plans to reach 48 salespeople in the following fiscal year. While the company reached a corporate cash flow break-even point in October 2026, management noted that the SATBoost product has seen slower adoption than anticipated as customers primarily use it for redundancy rather than primary bandwidth.
