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MARKETS / NASDAQ / FSLY
NASDAQ · SERVICES-PREPACKAGED SOFTWARE · LARGE CAP

Fastly, Inc. FSLY

9 fiscal years on record · USD · FY2025 reported · SEC filings only
$624.0M
▲ 14.8% YoY
$-121.7M
$65.8M
▲ 982.1% YoY
In brief

What this company does

Fastly operates an edge cloud platform that combines content delivery network functionality with capabilities historically delivered by hardware appliances such as application delivery controllers, web application firewalls, API management, bot detection, distributed denial-of-service protection, and infrastructure protection. It serves organizations in industries including ecommerce, streaming media, gaming, digital publishing, high tech, and financial services. As of December 31, 2025, it had a total of 1,140 employees worldwide, including 258 employees located outside the United States. Its offerings are organized into Network Services, Compute, and Security product lines. Its security offerings protect websites, applications, and APIs against DDoS attacks, application-layer attacks, and abusive automated traffic such as AI crawlers. Its Compute product line enables developers to build edge-native applications, APIs, authentication layers, and edge functions on the company's programmable edge platform. The company was incorporated in Delaware in March 2011 under the name SkyCache, Inc. and changed its name to Fastly, Inc. in May 2012.

Written from the business description in Fastly, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.

Growth
USD 624.0M
Revenue, FY2025 · full 9-year series below
Revenue $M Net income $M
FY2025 · Revenue 624.0 · Net income -121.7
250.0M500.0M-80.0M-160.0M201720182019202020212022202320242025
Compound annual growth
+13.0%
+16.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +16.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−19 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -19.1% · Net -19.5%
-20%-40%-60%201720182019202020212022202320242025
ROE
FY2025 · ROE -12.8%
-50%201720182019202020212022202320242025

Each USD of equity lost 13 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 65.8
25.0M50.0M-40.0M-80.0M201720182019202020212022202320242025

Total assetsUSD 1.5B
EquityUSD 929.6M
CashUSD 180.6M
Gross debtUSD 361.8M
Net debtUSD 181.3M
Current ratio2.61×

Net debt stands at 20% of equity.

The 9-year record
9 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017
Revenue $B0.60.50.50.40.40.30.20.10.1
Operating income $B−0.1−0.2−0.2−0.2−0.2−0.1−0.0−0.0−0.0
EBITDA $B−0.1−0.1−0.1−0.2−0.2−0.1−0.0−0.0−0.0
Income tax $B0.00.0−0.00.00.0−0.00.00.00.0
Net income $B−0.1−0.2−0.1−0.2−0.2−0.1−0.1−0.0−0.0
Free cash flow $B0.10.0−0.0−0.1−0.1−0.0−0.0−0.0−0.0
EPS, diluted $−0.83−1.14−1.03−1.57−1.92−0.93−0.75−1.27−1.39
Dividend / sh $·········
Payout %·········
ROE %−12.8−16.3−13.8−19.4−21.5−14.5−82.0··
Shares out B·0.140.130.120.120.110.090.03·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 43 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 52 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2017

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