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Side-by-side financial comparison of Fatpipe Inc (FATN) and PRECISION OPTICS CORPORATION, INC. (POCI). Click either name above to swap in a different company.

PRECISION OPTICS CORPORATION, INC. is the larger business by last-quarter revenue ($7.4M vs $4.1M, roughly 1.8× Fatpipe Inc). Fatpipe Inc runs the higher net margin — 7.6% vs -24.2%, a 31.8% gap on every dollar of revenue. On growth, PRECISION OPTICS CORPORATION, INC. posted the faster year-over-year revenue change (62.8% vs 3.2%).

Century Precision Optics is an American lens manufacturing firm. It was founded in 1948 in North Hollywood, California as Century Photo Optics. Steven Manios Sr. purchased the company in 1973 and created many of the optics. Century Optics makes a variety of digital, broadcast, projection, and industrial lenses. They have offices in Hauppauge, New York and Van Nuys, California.

FATN vs POCI — Head-to-Head

Bigger by revenue
POCI
POCI
1.8× larger
POCI
$7.4M
$4.1M
FATN
Growing faster (revenue YoY)
POCI
POCI
+59.5% gap
POCI
62.8%
3.2%
FATN
Higher net margin
FATN
FATN
31.8% more per $
FATN
7.6%
-24.2%
POCI

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
FATN
FATN
POCI
POCI
Revenue
$4.1M
$7.4M
Net Profit
$310.7K
$-1.8M
Gross Margin
87.7%
2.8%
Operating Margin
9.8%
-23.6%
Net Margin
7.6%
-24.2%
Revenue YoY
3.2%
62.8%
Net Profit YoY
816.0%
-83.6%
EPS (diluted)
$0.02
$-0.23

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
POCI
POCI
Q4 25
$4.1M
$7.4M
Q3 25
$4.0M
$6.7M
Q2 25
$3.9M
$6.2M
Q1 25
$4.2M
Q4 24
$4.5M
Q3 24
$4.2M
Q2 24
$4.7M
Q1 24
$5.2M
Net Profit
FATN
FATN
POCI
POCI
Q4 25
$310.7K
$-1.8M
Q3 25
$-43.4K
$-1.6M
Q2 25
$741.2K
$-1.4M
Q1 25
$-2.1M
Q4 24
$-969.7K
Q3 24
$-1.3M
Q2 24
$-1.4M
Q1 24
$-317.1K
Gross Margin
FATN
FATN
POCI
POCI
Q4 25
87.7%
2.8%
Q3 25
92.1%
14.2%
Q2 25
94.2%
12.9%
Q1 25
10.0%
Q4 24
23.6%
Q3 24
26.6%
Q2 24
21.7%
Q1 24
35.5%
Operating Margin
FATN
FATN
POCI
POCI
Q4 25
9.8%
-23.6%
Q3 25
-0.0%
-23.9%
Q2 25
25.5%
-21.9%
Q1 25
-48.7%
Q4 24
-20.1%
Q3 24
-29.7%
Q2 24
-28.8%
Q1 24
-4.9%
Net Margin
FATN
FATN
POCI
POCI
Q4 25
7.6%
-24.2%
Q3 25
-1.1%
-24.5%
Q2 25
18.8%
-22.7%
Q1 25
-50.1%
Q4 24
-21.4%
Q3 24
-31.2%
Q2 24
-29.9%
Q1 24
-6.0%
EPS (diluted)
FATN
FATN
POCI
POCI
Q4 25
$0.02
$-0.23
Q3 25
$0.00
$-0.21
Q2 25
$0.05
$-0.19
Q1 25
$-0.30
Q4 24
$-0.15
Q3 24
$-0.21
Q2 24
$-0.23
Q1 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
FATN
FATN
POCI
POCI
Cash + ST InvestmentsLiquidity on hand
$881.5K
Total DebtLower is stronger
$4.6M
$1.6M
Stockholders' EquityBook value
$21.2M
$9.3M
Total Assets
$32.4M
$22.9M
Debt / EquityLower = less leverage
0.22×
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FATN
FATN
POCI
POCI
Q4 25
$881.5K
Q3 25
$1.4M
Q2 25
$1.8M
Q1 25
$2.5M
Q4 24
$212.4K
Q3 24
$635.6K
Q2 24
$405.3K
Q1 24
$925.1K
Total Debt
FATN
FATN
POCI
POCI
Q4 25
$4.6M
$1.6M
Q3 25
$4.8M
$1.8M
Q2 25
$4.9M
$1.9M
Q1 25
$2.1M
Q4 24
$2.1M
Q3 24
$2.1M
Q2 24
$2.2M
Q1 24
$2.3M
Stockholders' Equity
FATN
FATN
POCI
POCI
Q4 25
$21.2M
$9.3M
Q3 25
$21.0M
$10.9M
Q2 25
$20.4M
$12.3M
Q1 25
$13.2M
Q4 24
$9.5M
Q3 24
$10.1M
Q2 24
$10.1M
Q1 24
$11.3M
Total Assets
FATN
FATN
POCI
POCI
Q4 25
$32.4M
$22.9M
Q3 25
$32.2M
$22.4M
Q2 25
$32.0M
$19.8M
Q1 25
$19.6M
Q4 24
$17.5M
Q3 24
$17.2M
Q2 24
$16.9M
Q1 24
$18.3M
Debt / Equity
FATN
FATN
POCI
POCI
Q4 25
0.22×
0.17×
Q3 25
0.23×
0.16×
Q2 25
0.24×
0.16×
Q1 25
0.16×
Q4 24
0.22×
Q3 24
0.21×
Q2 24
0.22×
Q1 24
0.21×

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
POCI
POCI
Operating Cash FlowLast quarter
$240.9K
$-256.1K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.78×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FATN
FATN
POCI
POCI
Q4 25
$240.9K
$-256.1K
Q3 25
$399.8K
$78.2K
Q2 25
$-508.6K
$-569.2K
Q1 25
$-1.9M
Q4 24
$-786.8K
Q3 24
$-318.6K
Q2 24
$-976.0K
Q1 24
$-214.2K
Free Cash Flow
FATN
FATN
POCI
POCI
Q4 25
Q3 25
Q2 25
$-551.1K
$-615.5K
Q1 25
$-2.0M
Q4 24
$-816.6K
Q3 24
$-343.0K
Q2 24
$-987.6K
Q1 24
$-322.7K
FCF Margin
FATN
FATN
POCI
POCI
Q4 25
Q3 25
Q2 25
-14.0%
-10.0%
Q1 25
-47.8%
Q4 24
-18.0%
Q3 24
-8.2%
Q2 24
-20.9%
Q1 24
-6.2%
Capex Intensity
FATN
FATN
POCI
POCI
Q4 25
Q3 25
Q2 25
1.1%
0.7%
Q1 25
3.0%
Q4 24
0.7%
Q3 24
0.6%
Q2 24
0.2%
Q1 24
2.1%
Cash Conversion
FATN
FATN
POCI
POCI
Q4 25
0.78×
Q3 25
Q2 25
-0.69×
Q1 25
Q4 24
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%

POCI
POCI

Systems Manufacturing$5.2M70%
Other$1.1M15%
Ross Optical Industries$1.0M14%

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