sur FatPipe Networks (NASDAQ:FATN)
FatPipe Networks Sees Growth in Q2 FY2026 Results
FatPipe Networks has reported significant growth for the second quarter of fiscal year 2026. Monthly recurring billings jumped by 49% compared to the same period last year. Additionally, the sales headcount nearly tripled from Q2 2025 to Q2 2026, suggesting a strategic push to drive future sales.
Total revenue for the quarter stood at $4.0 million, slightly up from $3.9 million in the previous quarter. Despite these achievements, year-over-year revenue decreased by 29% due to two substantial deals in the preceding year.
Gross margins remained strong at 92%, and the EBITDA margin improved to 26% for the six months ending September 30, 2025. Notable project completions included a 210+ site deployment for a U.S. school district and a 108-site deployment for a regional bank, highlighting FatPipe's growing presence in the education sector.
R. H.
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