FatPipe Inc. reports Q2 revenue of $4.0 million and 49% growth in monthly recurring billings

Reuters
2025.11.04 18:20
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FatPipe Inc. reported Q2 revenue of $4.0 million for fiscal 2026, a slight increase from $3.9 million in the previous quarter. Monthly recurring billings surged 49%, while total quarterly billings rose 10% year-over-year. Despite a 29% decrease in year-over-year revenue due to prior large deals, the company improved its EBITDA margin to 26%. FatPipe expanded its sales team significantly and completed major SD-WAN deployments for a U.S. school district and a regional bank.