Fastly, Inc. logo

Fastly, Inc.

FSLY

NASDAQTechnologySoftware - Application

Previous close

$24.95

+$2.24 · +9.86%

Aug 21, 4:00 PM ET

FSLY company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

98

Deep Value

Momentum

54

Neutral

Sentiment

57

Mixed

Risk resilience

46

Elevated Risk

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Company profile

Company website

Fastly, Inc. offers an advanced edge cloud computing platform designed to efficiently manage, distribute, and safeguard client applications across a global footprint, including North America, the Asia Pacific region, Europe, and other international markets. This specialized Infrastructure as a Service (IaaS) empowers developers to build, secure, and rapidly deliver digital experiences right at the internet's edge. It functions as a highly customizable platform, optimized for web and application delivery. The company's broad range of offerings includes: Compute@Edge, their serverless computing environment. A comprehensive developer hub providing solution patterns, API and language references, change logs, and Fastly Fiddle resources. Specialized edge services such as device detection, geolocation, edge dictionaries, access control lists (ACLs), and authentication. Full site delivery capabilities, encompassing dynamic site acceleration, origin shield, instant cache purging, real-time logging and statistics, cloud optimization, programmatic control, edge databases, content compression, and support for modern protocols to ensure high performance and reliability. Streaming solutions for live media, media shield, and origin connect. Robust edge security features, including Distributed Denial of Service (DDoS) protection, a cloud-based web application firewall (WAF), Transport Layer Security (TLS), platform TLS, and various compliance services. Unified web application and API protection that incorporates runtime self-application protection, advanced rate limiting, API and account takeover (ATO) protection, bot mitigation, and a next-generation WAF. Supplementary edge applications like load balancers and image optimizers. Video on demand services and fully managed edge delivery services. Fastly caters to a wide array of industries, including digital publishing, media and entertainment, technology, e-commerce, travel and hospitality, and financial services. Originally incorporated in 2011 as SkyCache, Inc., the company officially adopted the name Fastly, Inc. in May 2012. Its corporate headquarters are situated in San Francisco, California.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Charles Compton
Listed since
May 17, 2019
Employees
1,140

Market position

Day range

Current $24.95

52-week range

Current $24.95

Open
$22.93
Previous close
$22.71
Volume
5.65M
0.74× average
Average volume
7.63M
Average daily volume
Market cap
3.9B USD
Beta
0.34
Market reference 1
50-day average
$21.2481
+17.42% above average
200-day average
$18.0706
+38.07% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.75B USD
P/E (TTM)
-47.08×
P/B (TTM)
3.97×
P/S (TTM)
5.68×
EV / EBITDA
-188.27×
Earnings yield
-8.14%
Free cash flow yield
4.40%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
61.47%
Operating margin
-11.93%
Net margin
-11.80%
Return on equity
-13.09%
Return on assets
-8.11%
Return on invested capital
-8.61%

Financial health

Debt / equity
0.4×
Current ratio
2.61×
Altman Z-score
4.07
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends69%21%-27%-75%Gross margin, FY2021: 52.87%Gross margin, FY2022: 48.48%Gross margin, FY2023: 52.64%Gross margin, FY2024: 54.43%Gross margin, FY2025: 57.08%Operating margin, FY2021: -61.81%Operating margin, FY2022: -56.90%Operating margin, FY2023: -39.14%Operating margin, FY2024: -30.89%Operating margin, FY2025: -18.88%Net margin, FY2021: -62.85%Net margin, FY2022: -44.09%Net margin, FY2023: -26.30%Net margin, FY2024: -29.07%Net margin, FY2025: -19.50%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 52.87%. Gross margin FY2022 48.48%. Gross margin FY2023 52.64%. Gross margin FY2024 54.43%. Gross margin FY2025 57.08%. Operating margin FY2021 -61.81%. Operating margin FY2022 -56.90%. Operating margin FY2023 -39.14%. Operating margin FY2024 -30.89%. Operating margin FY2025 -18.88%. Net margin FY2021 -62.85%. Net margin FY2022 -44.09%. Net margin FY2023 -26.30%. Net margin FY2024 -29.07%. Net margin FY2025 -19.50%.

Income trends

Revenue

624.02M USD+14.78%

Operating income

−117.8M USD+29.85%

Net income

−121.68M USD+23.02%
Income trends across reported periods711.04M USD362.95M USD14.87M USD−333.22M USDRevenue, FY2021: 354.33M USDRevenue, FY2022: 432.73M USDRevenue, FY2023: 505.99M USDRevenue, FY2024: 543.68M USDRevenue, FY2025: 624.02M USDOperating income, FY2021: −219.02M USDOperating income, FY2022: −246.2M USDOperating income, FY2023: −198.03M USDOperating income, FY2024: −167.92M USDOperating income, FY2025: −117.8M USDNet income, FY2021: −222.7M USDNet income, FY2022: −190.77M USDNet income, FY2023: −133.09M USDNet income, FY2024: −158.06M USDNet income, FY2025: −121.68M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 354.33M USD. Revenue FY2022 432.73M USD. Revenue FY2023 505.99M USD. Revenue FY2024 543.68M USD. Revenue FY2025 624.02M USD. Operating income FY2021 −219.02M USD. Operating income FY2022 −246.2M USD. Operating income FY2023 −198.03M USD. Operating income FY2024 −167.92M USD. Operating income FY2025 −117.8M USD. Net income FY2021 −222.7M USD. Net income FY2022 −190.77M USD. Net income FY2023 −133.09M USD. Net income FY2024 −158.06M USD. Net income FY2025 −121.68M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue624.02M USD543.68M USD505.99M USD432.73M USD354.33M USD
Cost of goods sold267.82M USD247.74M USD239.66M USD222.94M USD167M USD
Gross profit356.2M USD295.94M USD266.33M USD209.78M USD187.33M USD
Research and development162.66M USD137.98M USD152.19M USD155.31M USD126.86M USD
Selling, general, and administrative312.13M USD312.01M USD307.85M USD300.67M USD279.49M USD
Operating expenses474.79M USD463.85M USD464.36M USD455.98M USD406.35M USD
Interest income12.29M USD14.87M USD18.19M USD7.04M USD1.28M USD
Interest expense12.7M USD2.75M USD4.05M USD5.89M USD5.25M USD
Depreciation and amortization97.22M USD73.64M USD110.25M USD64.32M USD50.04M USD
Operating income−117.8M USD−167.92M USD−198.03M USD−246.2M USD−219.02M USD
Net income−121.68M USD−158.06M USD−133.09M USD−190.77M USD−222.7M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+26.65%
11 comparable reports
Latest EPS result
0.15
Estimate 0.07 · Beat by 127.51%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.190.09-0-0.1Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual -0.03, estimate 0.01, surprise -400.00%, Miss. Q2 2025, reported May 7, 2025: actual -0.05, estimate -0.06, surprise +16.67%, Beat. Q3 2025, reported Aug 6, 2025: actual -0.03, estimate -0.05, surprise +40.00%, Beat. Q4 2025, reported Nov 5, 2025: actual 0.07, estimate 0.057, surprise +22.04%, Beat. Q1 2026, reported Feb 11, 2026: actual 0.12, estimate 0.06, surprise +100.00%, Beat. Q2 2026, reported May 6, 2026: actual 0.13, estimate 0.08, surprise +62.50%, Beat. Q3 2026, reported Aug 5, 2026: actual 0.15, estimate 0.066, surprise +127.51%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 0.12, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates195.07M173.68M152.28M130.89MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 140.58M USD, estimate 138.63M USD, surprise +1.41%, Beat. Q2 2025, reported May 7, 2025: actual 144.47M USD, estimate 138.39M USD, surprise +4.39%, Beat. Q3 2025, reported Aug 6, 2025: actual 148.71M USD, estimate 144.86M USD, surprise +2.66%, Beat. Q4 2025, reported Nov 5, 2025: actual 158.22M USD, estimate 161.36M USD, surprise -1.95%, Miss. Q1 2026, reported Feb 11, 2026: actual 172.61M USD, estimate 161.36M USD, surprise +6.97%, Beat. Q2 2026, reported May 6, 2026: actual 173.02M USD, estimate 171.78M USD, surprise +0.72%, Beat. Q3 2026, reported Aug 5, 2026: actual 183.32M USD, estimate 173.94M USD, surprise +5.39%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 187.57M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$26.33

5.53% upside
Past 12 months12-month forecastHigh $32.00Average $26.33Low $18.00

Rating distribution

17 ratings
Strong buy00%
Buy529%
Hold1165%
Sell16%
Strong sell00%

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