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FatPipe (FATN) Adds 174 New Customers, Reinforcing Growth Trajectory

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FatPipe (NASDAQ:FATN), a provider of SD-WAN solutions, reported strong customer growth with the addition of 174 new customers in Q1 FY26. This expansion drove a 16.2% year-over-year increase in product revenue.

The company's platform integrates SD-WAN, SASE, Cybersecurity, and Network Monitoring Services, featuring patented multi-path routing and sub-second failover capabilities. FatPipe currently serves over 2,700 customers across various sectors, including government, healthcare, and financial services, with expanding presence in Southeast Asia and Mexico.

FatPipe (NASDAQ:FATN), fornitore di soluzioni SD-WAN, ha registrato una solida crescita della clientela con l'acquisizione di 174 nuovi clienti nel primo trimestre dell'esercizio FY26. Questa espansione ha alimentato un aumento del 16,2% su base annua dei ricavi da prodotti.

La piattaforma dell'azienda integra SD-WAN, SASE, sicurezza informatica e servizi di monitoraggio di rete, con routing multi-percorso brevettato e capacità di failover in meno di un secondo. FatPipe serve attualmente oltre 2.700 clienti in settori diversi, tra cui pubblica amministrazione, sanità e servizi finanziari, e sta ampliando la propria presenza nel Sud-est asiatico e in Messico.

FatPipe (NASDAQ:FATN), proveedor de soluciones SD-WAN, reportó un sólido crecimiento de clientes con la incorporación de 174 nuevos clientes en el primer trimestre del año fiscal FY26. Esta expansión impulsó un incremento interanual del 16,2% en los ingresos por productos.

La plataforma de la compañía integra SD-WAN, SASE, ciberseguridad y servicios de monitorización de red, con enrutamiento multipath patentado y conmutación por error en menos de un segundo. FatPipe atiende actualmente a más de 2.700 clientes en diversos sectores, incluidos gobierno, salud y servicios financieros, y está aumentando su presencia en el sudeste asiático y México.

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ë™ì‚¬ì� 플랫í¼ì€ SD-WAN, SASE, 사ì´ë²� 보안 ë°� ë„¤íŠ¸ì›Œí¬ ëª¨ë‹ˆí„°ë§ ì„œë¹„ìŠ¤ë¥¼ 통합하며, íŠ¹í—ˆë°›ì€ ë‹¤ì¤‘ 경로 ë¼ìš°íŒ…ê³¼ 1ì´� 미만ì� 페ì¼ì˜¤ë²„ 기능ì� ê°–ì¶”ê³� 있습니다. FatPipeëŠ� 현재 ì •ë¶€, ì˜ë£Œ, 금융 서비ìŠ� ë“� 다양í•� 분야ì—서 2,700ê°� ì´ìƒì� ê³ ê°ì� 확보하고 있으ë©� ë™ë‚¨ì•„시아와 멕시코ì—ì„� ìž…ì§€ë¥� 넓히ê³� 있습니다.

FatPipe (NASDAQ:FATN), fournisseur de solutions SD‑WAN, a affiché une forte croissance du nombre de clients avec l'ajout de 174 nouveaux clients au premier trimestre de l'exercice FY26. Cette expansion a entraîné une hausse de 16,2% en glissement annuel des revenus produits.

La plateforme de la société intègre SD‑WAN, SASE, cybersécurité et services de supervision réseau, et propose un routage multi‑chemins breveté ainsi qu'un basculement en moins d'une seconde. FatPipe dessert actuellement plus de 2 700 clients dans divers secteurs, notamment les administrations publiques, la santé et les services financiers, et renforce sa présence en Asie du Sud‑Est et au Mexique.

FatPipe (NASDAQ:FATN), ein Anbieter von SD‑WAN‑Lösungen, verzeichnete ein starkes Kundenwachstum und gewann im ersten Quartal des Geschäftsjahres FY26 174 neue Kunden hinzu. Diese Expansion führte zu einem 16,2%igen Umsatzanstieg bei Produktumsätzen im Jahresvergleich.

Die Plattform des Unternehmens vereint SD‑WAN, SASE, Cybersecurity und Netzwerküberwachungsdienste und verfügt über patentiertes Multi‑Path‑Routing und Failover-Funktionen im Sub‑Sekunden‑Bereich. FatPipe betreut derzeit mehr als 2.700 Kunden in verschiedenen Branchen, darunter staatliche Stellen, Gesundheitswesen und Finanzdienstleister, und baut seine Präsenz in Südostasien und Mexiko aus.

Positive
  • Added 174 new customers in Q1 FY26
  • Product revenue grew 16.2% year-over-year
  • Total customer base exceeds 2,700 across diverse sectors
  • Geographic expansion into Southeast Asia and Mexico markets
Negative
  • None.

Insights

FatPipe's 174 new customers drove 16.2% product revenue growth, strengthening its recurring revenue model and market position.

FatPipe's Q1 customer acquisition metrics reveal impressive momentum in the competitive SD-WAN market. The addition of 174 new customers driving a 16.2% year-over-year product revenue increase demonstrates accelerating market penetration. This growth rate exceeds the SD-WAN industry average of approximately 10-12%, positioning FatPipe as an outperformer in this space.

The company's growing customer base—now exceeding 2,700—creates a solid foundation for their subscription-based business model. This expansion pattern is particularly significant because each new customer represents potential long-term recurring revenue streams rather than one-time sales. The diversity across government, healthcare, financial services, education, and retail sectors also provides revenue stability and insulation from sector-specific downturns.

FatPipe's technological differentiation through patented multi-path routing, sub-second failover, and unified security architecture addresses critical enterprise pain points—network reliability, security, and management complexity. Their expansion into Southeast Asia and Mexico further diversifies their geographic revenue exposure, potentially accelerating growth as these markets typically have less SD-WAN penetration than North America.

The integration of SD-WAN, SASE, cybersecurity, and network monitoring capabilities positions FatPipe to capture higher wallet share from each customer, potentially increasing average revenue per account over time. This comprehensive platform approach aligns with enterprise IT trends toward vendor consolidation and integrated solutions.

New customer additions key driver of 16.2% product revenue growth in Q1 FY26

SALT LAKE CITY, UTAH / / August 21, 2025 / FatPipe, Inc. (NASDAQ:FATN) ("FatPipe" or the "Company"), a pioneer in enterprise-class, application-aware, secure Software-Defined Wide Area Network ("SD-WAN") solutions that provide the highest levels of reliability, security, and optimization for Wide Area Networks (WANs), today announced the addition of 174 new customers in the first quarter of fiscal year 2026. This surge in adoption contributed to a 16.2% year-over-year increase in product revenue compared to the same quarter of the prior fiscal year.

"The addition of 174 new customers in Q1 highlights the accelerating demand for FatPipe's software-defined networking solutions," said Dr. Ragula Bhaskar, CEO of FatPipe. "Customer growth is the foundation of our subscription-based model, and this momentum gives us confidence in our ability to drive sustainable, recurring revenue growth as we continue expanding in key markets globally."

FatPipe's momentum builds on its differentiated platform, which integrates Software-Defined Wide Area Networking (SD-WAN), Secure Access Service Edge (SASE), Cybersecurity, and Network Monitoring Services (NMS) into a unified solution. With patented multi-path routing, sub-second failover, single-stack security, and deep observability, FatPipe empowers enterprises to simplify network management, secure distributed operations, and ensure business continuity.

The company continues to serve a diverse base of more than 2,700 customers across sectors including government, healthcare, financial services, education, and retail, with growing international expansion in Southeast Asia and Mexico.

About FatPipe, Inc.

FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for hardware and software or cooperation from ISPs and allows companies and service providers to control multi-link network traffic. FatPipe currently has 12 U.S. patents related to multipath, software-defined networking. FatPipe products are sold by 200+ resellers worldwide. For more information, visit . Follow us on X .

Forward-Looking Statements

Certain statements contained in this press release, including statements relating to the Company's expectations regarding the completion, timing and size of its proposed public offering and listing may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, risks and uncertainties associated with the consummation of the offering and other risks described in FatPipe's registration statement on Form S-1, as it may be amended from time to time. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences.

Company Contact Info

Vikrant Ragula
Director of Investor Relations
801-683-5656 x 1140
[email protected]

Investor Contact

Dave Gentry, CEO
RedChip Companies, Inc.
1.800.RED.CHIP (733-2447)
[email protected]

SOURCE: FatPipe Networks



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FAQ

What was FatPipe's (FATN) customer growth in Q1 FY26?

FatPipe added 174 new customers in Q1 FY26, contributing to a 16.2% year-over-year increase in product revenue.

How many total customers does FatPipe (FATN) currently serve?

FatPipe serves over 2,700 customers across various sectors including government, healthcare, financial services, education, and retail.

What was FatPipe's (FATN) revenue growth in Q1 FY26?

FatPipe reported a 16.2% year-over-year increase in product revenue for Q1 FY26.

What markets is FatPipe (FATN) expanding into?

FatPipe is expanding its international presence in Southeast Asia and Mexico.

What technologies does FatPipe's (FATN) platform integrate?

FatPipe's platform integrates SD-WAN, SASE, Cybersecurity, and Network Monitoring Services (NMS) into a unified solution with patented multi-path routing and sub-second failover capabilities.
FatPipe Inc.

NASDAQ:FATN

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86.00M
695.66k
55.68%
0.52%
0.06%
Software - Infrastructure
Services-prepackaged Software
United States
SALT LAKE CITY