profit from every $100 of sales.
$0$100
FatPipe
$4.62-1.18% today
+110.0% in 1 year
1-year low $1.451-year high $7.96
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay $13.13 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What FatPipe sold, what it kept, and what it did with the cash.
Sales went from $15.8 million in 2023 to $19.2 million in 2026, with $4.97 million of profit last year.
SalesProfit
FatPipe vs. similar companies
FatPipe grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| FatPipe | 13.1× · Cheap | ||
 Microsoft | 29.1× · Fair price | ||
 Palantir Technologies | 249.1× · Very expensive | ||
 Oracle | 22.9× · Fair price | ||
 Palo Alto Networks | 232.6× · Very expensive |
AI analysis
An AI analyst reads FatPipe's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 16 | 18 | 16 | 19 | |
| 15 | 17 | 15 | 17 | |
| 3 | 6 | 3 | 4 | |
| 4 | 7 | 4 | 4 | |
| 3 | 4 | 2 | 5 | |
| 0.21 | 0.32 | 0.14 | – | |
| 93.0% | 94.0% | 93.5% | 91.0% | |
| 20.5% | 31.6% | 21.3% | 18.7% | |
| 18.4% | 24.4% | 12.1% | 25.9% |
Balance sheet
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 16 | 21 | 28 | 35 |
| Cash | 1 | 1 | 3 | 5 |
| Total debt | 3 | 3 | 7 | 6 |
| Total liabilities | 6 | 7 | 12 | 9 |
| 9 | 14 | 16 | 25 | |
| 14 | 14 | 14 | – | |
| 21.4% | 27.8% | 12.7% | 10.1% | |
| 31.1% | 31.3% | 12.3% | 19.7% |
Cash flow
| In millions of USD | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -2 | -0 | -1 | -1 | |
| 0 | 0 | 0 | 0 | |
| -2 | -0 | -1 | -1 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| – | – | 0 | 1 |
Valuation
- 13.1×
- 22.0×
- –
- 2.3×
- 3.4×
- –
- 15.2×
- -1.3%
- 7.6%
- 0.0%
Profitability
- 91.0%
- 18.7%
- 25.9%
- 14.5%
- 4.4%
- 16.4%
- 5.6%
- 3.4%
- 6.1%
- 12.3%
Growth
- +6.7%
- –
- −36.9%
- –
- −2.2%
Financial health
- 0.1×
- 0.27
- 17.9%
- 3.8×
- 2.71
- 2.68
- 0.47
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 35%of 965
Top 22%of 973
Top 11%of 731
Bottom 39%of 978
Bottom 18%of 981
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 18, 2026 | 0.39 | 0.12 | +234.2% |
| Feb 2, 2026 | 0.02 | – | – |
| Nov 3, 2025 | -0.00 | – | – |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
58No pass
Benjamin Graham
77Pass
Philip Fisher
66Pass
Peter Lynch
70Pass
Joel Greenblatt
35No pass
Charlie Munger
70Pass
Terry Smith
56No pass
Questions about FatPipe
Is FatPipe a good stock to buy?
A strong, very profitable business, and the price looks low. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the FatPipe AI analysis
What does FatPipe do?
FatPipe, Inc. develops secure software-defined wide area network (SD-WAN), secure access service edge (SASE), and network monitoring service (NMS) software solutions for organizations in the United States and internationally. It is in Software - Infrastructure.
Does FatPipe pay a dividend?
No. FatPipe does not pay a dividend at the moment.
Is FatPipe stock halal?
Yes. FatPipe passes our halal screen: its business is permitted and its debt is 9% of its market value, under the 30% limit. How we check
How has FatPipe stock done over the past year?
Up 110.0% over the past twelve months, to $4.62. It traded between $1.45 and $7.96 and is 42.0% below its high.
Who are FatPipe's competitors?
The largest listed companies in the same industry are Microsoft, Palantir Technologies, Oracle and Palo Alto Networks. The peers table on this page compares their profit, growth and price with FatPipe's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.