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Side-by-side financial comparison of Fatpipe Inc (FATN) and First Seacoast Bancorp, Inc. (FSEA). Click either name above to swap in a different company.
Fatpipe Inc is the larger business by last-quarter revenue ($4.1M vs $4.0M, roughly 1.0× First Seacoast Bancorp, Inc.). Fatpipe Inc runs the higher net margin — 7.6% vs -2.4%, a 10.0% gap on every dollar of revenue. On growth, First Seacoast Bancorp, Inc. posted the faster year-over-year revenue change (20.6% vs 3.2%).
Sterling Bancorp was an American regional bank holding company that owned Sterling National Bank. It merged into Webster Bank in February 2022.
FATN vs FSEA — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $4.1M | $4.0M |
| Net Profit | $310.7K | $-87.0K |
| Gross Margin | 87.7% | — |
| Operating Margin | 9.8% | -3.1% |
| Net Margin | 7.6% | -2.4% |
| Revenue YoY | 3.2% | 20.6% |
| Net Profit YoY | 816.0% | 93.8% |
| EPS (diluted) | $0.02 | $-0.04 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $4.1M | $4.0M | ||
| Q3 25 | $4.0M | $4.0M | ||
| Q2 25 | $3.9M | $3.9M | ||
| Q1 25 | — | $3.5M | ||
| Q4 24 | — | $3.4M | ||
| Q3 24 | — | $3.3M | ||
| Q2 24 | — | $5.9M | ||
| Q1 24 | — | $3.2M |
| Q4 25 | $310.7K | $-87.0K | ||
| Q3 25 | $-43.4K | $390.0K | ||
| Q2 25 | $741.2K | $-545.0K | ||
| Q1 25 | — | $-603.0K | ||
| Q4 24 | — | $-1.4M | ||
| Q3 24 | — | $44.0K | ||
| Q2 24 | — | $2.0M | ||
| Q1 24 | — | $-1.2M |
| Q4 25 | 87.7% | — | ||
| Q3 25 | 92.1% | — | ||
| Q2 25 | 94.2% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 9.8% | -3.1% | ||
| Q3 25 | -0.0% | -5.2% | ||
| Q2 25 | 25.5% | -13.7% | ||
| Q1 25 | — | -17.9% | ||
| Q4 24 | — | -23.5% | ||
| Q3 24 | — | -17.8% | ||
| Q2 24 | — | 35.6% | ||
| Q1 24 | — | -24.8% |
| Q4 25 | 7.6% | -2.4% | ||
| Q3 25 | -1.1% | 9.8% | ||
| Q2 25 | 18.8% | -14.1% | ||
| Q1 25 | — | -17.1% | ||
| Q4 24 | — | -46.9% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | — | 33.9% | ||
| Q1 24 | — | -36.1% |
| Q4 25 | $0.02 | $-0.04 | ||
| Q3 25 | $0.00 | $0.08 | ||
| Q2 25 | $0.05 | $-0.13 | ||
| Q1 25 | — | $-0.14 | ||
| Q4 24 | — | $-0.31 | ||
| Q3 24 | — | $0.01 | ||
| Q2 24 | — | $0.42 | ||
| Q1 24 | — | $-0.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | $4.6M | — |
| Stockholders' EquityBook value | $21.2M | $63.5M |
| Total Assets | $32.4M | $599.3M |
| Debt / EquityLower = less leverage | 0.22× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.6M | — | ||
| Q3 25 | $4.8M | — | ||
| Q2 25 | $4.9M | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $21.2M | $63.5M | ||
| Q3 25 | $21.0M | $63.2M | ||
| Q2 25 | $20.4M | $60.8M | ||
| Q1 25 | — | $61.2M | ||
| Q4 24 | — | $62.0M | ||
| Q3 24 | — | $65.8M | ||
| Q2 24 | — | $64.5M | ||
| Q1 24 | — | $64.7M |
| Q4 25 | $32.4M | $599.3M | ||
| Q3 25 | $32.2M | $609.6M | ||
| Q2 25 | $32.0M | $604.8M | ||
| Q1 25 | — | $592.6M | ||
| Q4 24 | — | $580.8M | ||
| Q3 24 | — | $601.8M | ||
| Q2 24 | — | $601.7M | ||
| Q1 24 | — | $576.5M |
| Q4 25 | 0.22× | — | ||
| Q3 25 | 0.23× | — | ||
| Q2 25 | 0.24× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $240.9K | $449.0K |
| Free Cash FlowOCF − Capex | — | $329.0K |
| FCF MarginFCF / Revenue | — | 8.1% |
| Capex IntensityCapex / Revenue | — | 3.0% |
| Cash ConversionOCF / Net Profit | 0.78× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $240.9K | $449.0K | ||
| Q3 25 | $399.8K | $661.0K | ||
| Q2 25 | $-508.6K | $-151.0K | ||
| Q1 25 | — | $573.0K | ||
| Q4 24 | — | $-2.9M | ||
| Q3 24 | — | $289.0K | ||
| Q2 24 | — | $-1.4M | ||
| Q1 24 | — | $-70.0K |
| Q4 25 | — | $329.0K | ||
| Q3 25 | — | $640.0K | ||
| Q2 25 | $-551.1K | $-154.0K | ||
| Q1 25 | — | $542.0K | ||
| Q4 24 | — | $-3.3M | ||
| Q3 24 | — | $264.0K | ||
| Q2 24 | — | $-1.6M | ||
| Q1 24 | — | $-81.0K |
| Q4 25 | — | 8.1% | ||
| Q3 25 | — | 16.0% | ||
| Q2 25 | -14.0% | -4.0% | ||
| Q1 25 | — | 15.4% | ||
| Q4 24 | — | -99.0% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | — | -26.5% | ||
| Q1 24 | — | -2.5% |
| Q4 25 | — | 3.0% | ||
| Q3 25 | — | 0.5% | ||
| Q2 25 | 1.1% | 0.1% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 11.0% | ||
| Q3 24 | — | 0.7% | ||
| Q2 24 | — | 2.8% | ||
| Q1 24 | — | 0.3% |
| Q4 25 | 0.78× | — | ||
| Q3 25 | — | 1.69× | ||
| Q2 25 | -0.69× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 6.57× | ||
| Q2 24 | — | -0.70× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FATN
| Products | $2.6M | 63% |
| Other | $1.5M | 37% |
FSEA
Segment breakdown not available.
