FatPipe, Inc. (FATN)
Nasdaq: FATN · Services-Prepackaged Software · Salt Lake City, UT · filing with the SEC since 2023
Income statement, as filed
In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in March.| Fiscal year | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Period ending | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 |
| Report filed | May 18, 2026 | Jun 30, 2025 | · |
| Revenue | 19,208,294 | 16,288,881 | 17,860,909 |
| Cost of revenue | 1,728,384 | 1,061,647 | 1,069,574 |
| Gross profit | 17,479,910 | 15,227,234 | 16,791,335 |
| Research and development | 1,905,042 | 1,787,128 | · |
| Sales and marketing | 4,791,906 | 3,753,948 | 3,396,136 |
| General and administrative | 4,759,653 | 3,422,596 | 3,151,924 |
| Total operating expenses | 13,890,540 | 11,755,488 | 11,153,008 |
| Operating income | 3,589,370 | 3,471,746 | 5,638,327 |
| Interest expense | 475,071 | 329,892 | 302,124 |
| Interest and investment income | 125,185 | 42,688 | 27,261 |
| Total non-operating income (expense) | -103,012 | -183,990 | -40,017 |
| Income before income taxes | 3,486,358 | 3,287,756 | 5,598,310 |
| Income tax expense | -1,483,603 | 1,294,312 | 1,436,085 |
| Net income including non-controlling interests | 4,969,961 | 1,952,894 | 4,279,680 |
| Net income to non-controlling interests | · | -13,514 | -87,025 |
| Net income | 4,969,961 | 1,966,408 | 4,366,705 |
| Net income to common shareholders | 4,969,961 | 1,966,408 | · |
| Earnings per share, basic | 0.36 | 0.15 | 0.35 |
| Earnings per share, diluted | 0.35 | 0.15 | 0.35 |
| Weighted average shares, basic | 13,882,787 | 12,858,852 | 12,449,308 |
| Weighted average shares, diluted | 14,006,392 | 12,858,852 | 12,449,308 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSales and marketing the cost of finding and serving customers
us-gaap:SellingAndMarketingExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperatingInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding