Fatpipe adds cybersecurity platform, doubles sales team; revenue up 18%, profit up 154%

Filed May 18, 2026 · Period ending March 31, 2026 · Compared to 10-K Jun 30, 2025 · ~2 min read

Key Changes

• high

  Company positioned cybersecurity as fourth core offering alongside SD-WAN, SASE, and NMS, targeting a $245B market growing to $501B by 2030—substantially larger than prior product markets combined.

  Business: cybersecurity platform as core offering verify on EDGAR →
• high

  Net income rose 154% to $5.0M in FY2026, driven by 18% revenue growth and a $1.5M tax benefit from NOL utilization and reversal of prior-period accrual; remaining $1.5M reversal expected in FY2027.

  MD&A: Net income and tax benefit verify on EDGAR →
• high

  Sales headcount doubled post-IPO, contributing to 18% revenue growth and reduced channel partner concentration from 54% to 39% of revenue.

  Business: sales organization expansion verify on EDGAR →