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Side-by-side financial comparison of Fatpipe Inc (FATN) and KOSS CORP (KOSS). Click either name above to swap in a different company.

Fatpipe Inc is the larger business by last-quarter revenue ($4.1M vs $2.9M, roughly 1.4× KOSS CORP). Fatpipe Inc runs the higher net margin — 7.6% vs -19.8%, a 27.4% gap on every dollar of revenue. On growth, Fatpipe Inc posted the faster year-over-year revenue change (3.2% vs -19.6%).

Koss Corporation is a company in Milwaukee, Wisconsin, US that manufactures headphones. The company created the first high-fidelity stereo headphones in 1958.

FATN vs KOSS — Head-to-Head

Bigger by revenue
FATN
FATN
1.4× larger
FATN
$4.1M
$2.9M
KOSS
Growing faster (revenue YoY)
FATN
FATN
+22.8% gap
FATN
3.2%
-19.6%
KOSS
Higher net margin
FATN
FATN
27.4% more per $
FATN
7.6%
-19.8%
KOSS

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
FATN
FATN
KOSS
KOSS
Revenue
$4.1M
$2.9M
Net Profit
$310.7K
$-565.4K
Gross Margin
87.7%
29.0%
Operating Margin
9.8%
-35.5%
Net Margin
7.6%
-19.8%
Revenue YoY
3.2%
-19.6%
Net Profit YoY
816.0%
-700.6%
EPS (diluted)
$0.02
$-0.06

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.

Revenue
FATN
FATN
KOSS
KOSS
Q4 25
$4.1M
$2.9M
Q3 25
$4.0M
$4.1M
Q2 25
$3.9M
$3.1M
Q1 25
$2.8M
Q4 24
$3.6M
Q3 24
$3.2M
Q2 24
$2.9M
Q1 24
$2.6M
Net Profit
FATN
FATN
KOSS
KOSS
Q4 25
$310.7K
$-565.4K
Q3 25
$-43.4K
$243.7K
Q2 25
$741.2K
$-232.7K
Q1 25
$-316.7K
Q4 24
$94.1K
Q3 24
$-419.5K
Q2 24
$-110.4K
Q1 24
$-313.8K
Gross Margin
FATN
FATN
KOSS
KOSS
Q4 25
87.7%
29.0%
Q3 25
92.1%
40.0%
Q2 25
94.2%
36.0%
Q1 25
39.0%
Q4 24
39.5%
Q3 24
36.6%
Q2 24
40.4%
Q1 24
31.9%
Operating Margin
FATN
FATN
KOSS
KOSS
Q4 25
9.8%
-35.5%
Q3 25
-0.0%
-1.1%
Q2 25
25.5%
-14.2%
Q1 25
-18.7%
Q4 24
-4.0%
Q3 24
-19.9%
Q2 24
-11.0%
Q1 24
-23.1%
Net Margin
FATN
FATN
KOSS
KOSS
Q4 25
7.6%
-19.8%
Q3 25
-1.1%
6.0%
Q2 25
18.8%
-7.5%
Q1 25
-11.4%
Q4 24
2.6%
Q3 24
-13.1%
Q2 24
-3.8%
Q1 24
-11.9%
EPS (diluted)
FATN
FATN
KOSS
KOSS
Q4 25
$0.02
$-0.06
Q3 25
$0.00
$0.03
Q2 25
$0.05
$-0.02
Q1 25
$-0.03
Q4 24
$0.01
Q3 24
$-0.05
Q2 24
$-0.01
Q1 24
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FATN
FATN
KOSS
KOSS
Cash + ST InvestmentsLiquidity on hand
$15.5M
Total DebtLower is stronger
$4.6M
Stockholders' EquityBook value
$21.2M
$30.3M
Total Assets
$32.4M
$36.8M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FATN
FATN
KOSS
KOSS
Q4 25
$15.5M
Q3 25
$16.5M
Q2 25
$15.7M
Q1 25
$13.0M
Q4 24
$9.7M
Q3 24
$11.9M
Q2 24
$14.9M
Q1 24
$9.9M
Total Debt
FATN
FATN
KOSS
KOSS
Q4 25
$4.6M
Q3 25
$4.8M
Q2 25
$4.9M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FATN
FATN
KOSS
KOSS
Q4 25
$21.2M
$30.3M
Q3 25
$21.0M
$30.9M
Q2 25
$20.4M
$30.6M
Q1 25
$30.7M
Q4 24
$31.0M
Q3 24
$30.8M
Q2 24
$31.1M
Q1 24
$31.1M
Total Assets
FATN
FATN
KOSS
KOSS
Q4 25
$32.4M
$36.8M
Q3 25
$32.2M
$37.7M
Q2 25
$32.0M
$37.2M
Q1 25
$37.3M
Q4 24
$37.4M
Q3 24
$38.1M
Q2 24
$37.2M
Q1 24
$37.6M
Debt / Equity
FATN
FATN
KOSS
KOSS
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
FATN
FATN
KOSS
KOSS
Operating Cash FlowLast quarter
$240.9K
$-760.8K
Free Cash FlowOCF − Capex
$-1.1M
FCF MarginFCF / Revenue
-37.5%
Capex IntensityCapex / Revenue
10.9%
Cash ConversionOCF / Net Profit
0.78×
TTM Free Cash FlowTrailing 4 quarters
$-546.7K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FATN
FATN
KOSS
KOSS
Q4 25
$240.9K
$-760.8K
Q3 25
$399.8K
$762.6K
Q2 25
$-508.6K
$-534.9K
Q1 25
$370.4K
Q4 24
$-252.0K
Q3 24
$201.6K
Q2 24
$-174.0K
Q1 24
$328.6K
Free Cash Flow
FATN
FATN
KOSS
KOSS
Q4 25
$-1.1M
Q3 25
$761.5K
Q2 25
$-551.1K
$-541.8K
Q1 25
$306.2K
Q4 24
$-314.3K
Q3 24
$-155.6K
Q2 24
$-174.8K
Q1 24
$269.3K
FCF Margin
FATN
FATN
KOSS
KOSS
Q4 25
-37.5%
Q3 25
18.7%
Q2 25
-14.0%
-17.6%
Q1 25
11.0%
Q4 24
-8.8%
Q3 24
-4.9%
Q2 24
-6.0%
Q1 24
10.2%
Capex Intensity
FATN
FATN
KOSS
KOSS
Q4 25
10.9%
Q3 25
0.0%
Q2 25
1.1%
0.2%
Q1 25
2.3%
Q4 24
1.8%
Q3 24
11.2%
Q2 24
0.0%
Q1 24
2.3%
Cash Conversion
FATN
FATN
KOSS
KOSS
Q4 25
0.78×
Q3 25
3.13×
Q2 25
-0.69×
Q1 25
Q4 24
-2.68×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FATN
FATN

Products$2.6M63%
Other$1.5M37%

KOSS
KOSS

Segment breakdown not available.

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