Fatpipe Inc balance sheet

At the end of fiscal 2026, Fatpipe Inc had total assets of $34.5m, total liabilities of $9.3m and shareholders' equity of $25.2m. It held $5.2m in cash against $4.6m of debt: net cash of $590,492.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fatpipe Inc: balance sheet, annual
Fiscal year	2024Mar 2024	2025Mar 2025	2026Mar 2026	LTMJun 2026
Cash and equivalents	1	3	5	4
Receivables	3	4	4	4
Inventory	0	0	0	1
Total current assets	9	13	16	16
Total assets	21	28	35	35
Accounts payable	0	0	0	1
Deferred revenue (current)	2	1	1	1
Total current liabilities	5	6	4	4
Short-term debt	—	0	0	0
Long-term debt	—	5	5	5
Total debt	0	5	5	5
Total liabilities	7	12	9	9
Shareholders' equity	14	16	25	27
Net debt (negative = net cash)	−1	2	−1	0
Shares outstanding	12m	13m	14m	14m

US$ millions unless shown otherwise. Fiscal quarters.

Fatpipe Inc: balance sheet, quarterly
Quarter	2025 Q2Sept 2024	2025 Q3Dec 2024	2025 Q4Mar 2025	2026 Q1Jun 2025	2026 Q2Sept 2025	2026 Q3Dec 2025	2026 Q4Mar 2026	2027 Q1Jun 2026
Receivables	—	—	4	4	4	4	4	4
Inventory	—	—	0	0	0	0	0	1
Total current assets	—	—	13	16	17	17	16	16
Total assets	—	—	28	32	32	32	35	35
Accounts payable	—	—	0	0	0	0	0	1
Deferred revenue (current)	—	—	1	1	1	1	1	1
Total current liabilities	—	—	6	6	6	6	4	4
Short-term debt	—	—	0	1	1	0	0	0
Long-term debt	—	—	5	5	5	5	5	5
Total debt	—	—	5	6	5	5	5	5
Total liabilities	—	—	12	12	11	11	9	9
Shareholders' equity	16	17	16	20	21	21	25	27
Shares outstanding	—	—	13m	14m	14m	14m	14m	14m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Fatpipe Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Fatpipe Inc.