Fastly, Inc.
FSLY- Exchange
- Nasdaq
- Industry
- Services-Prepackaged Software
- SEC CIK
- 0001517413
In the last 90 days, Fastly, Inc. insiders filed 0 open-market purchases and 30 sales; 286 institutions reported holding it in 13F filings for Q2 2026, worth $2.73B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 11, 2026, 1:15 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $121.7M (19.5% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 11, 2026 | Feb 12, 2025 | Feb 14, 2024 | Feb 15, 2023 | Feb 16, 2022 |
| Revenue | $624.0M | $543.7M | $506.0M | $432.7M | $354.3M |
| Cost of revenue | $267.8M | $247.7M | $239.7M | $222.9M | $167.0M |
| Gross profit | $356.2M | $295.9M | $266.3M | $209.8M | $187.3M |
| Operating expenses | $475.2M | $463.9M | $464.4M | $456.0M | $406.3M |
| Research and development | $162.7M | $138.0M | $152.2M | $155.3M | $126.9M |
| Selling, general and administrative | $110.7M | $113.4M | $116.1M | $120.8M | $126.8M |
| Operating income | -$119.0M | -$167.9M | -$198.0M | -$246.2M | -$219.0M |
| Interest expense | $12.6M | $2.30M | $4.05M | $5.89M | $5.25M |
| Income tax | $2.49M | $2.60M | -$221.0K | $94.0K | $69.0K |
| Net income | -$121.7M | -$158.1M | -$133.1M | -$190.8M | -$222.7M |
| EPS, basic | $-0.83 | $-1.14 | $-1.03 | $-1.57 | $-1.92 |
| EPS, diluted | $-0.83 | $-1.14 | $-1.03 | $-1.57 | $-1.92 |
| Weighted shares, basic | 146.9M | 138.1M | 128.8M | 121.7M | 116.1M |
| Weighted shares, diluted | 146.9M | 138.1M | 128.8M | 121.7M | 116.1M |
| Margins and growth | |||||
| Gross margin | 57.1% | 54.4% | 52.6% | 48.5% | 52.9% |
| Operating margin | -19.1% | -30.9% | -39.1% | -56.9% | -61.8% |
| Net margin | -19.5% | -29.1% | -26.3% | -44.1% | -62.9% |
| Revenue growth, year over year | +14.8% | +7.4% | +16.9% | +22.1% | +21.8% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 11, 2026 | Feb 12, 2025 | Feb 14, 2024 | Feb 15, 2023 | Feb 16, 2022 |
| Cash and equivalents | $180.6M | $286.2M | $107.9M | $143.4M | $166.1M |
| Short-term investments | $181.2M | $9.71M | $214.8M | – | – |
| Accounts receivable | $118.0M | $116.0M | $120.5M | $89.6M | $64.6M |
| Total current assets | $506.7M | $440.2M | $463.7M | $636.5M | $624.6M |
| Property, plant and equipment | – | – | – | – | $167.0M |
| Goodwill | $670.4M | $670.4M | $670.4M | $670.2M | $636.8M |
| Intangible assets | $25.8M | $42.9M | $62.5M | $82.9M | $102.6M |
| Total assets | $1.50B | $1.45B | $1.53B | $1.90B | $2.16B |
| Accounts payable | $17.6M | $6.04M | $5.61M | $4.79M | $9.26M |
| Short-term debt | $38.6M | – | – | – | $0 |
| Total current liabilities | $194.0M | $104.5M | $147.7M | $152.3M | $131.9M |
| Long-term debt | $323.3M | $337.6M | $343.5M | $704.7M | $933.2M |
| Total liabilities | $569.9M | $486.1M | $545.7M | $941.0M | $1.15B |
| Shareholders' equity | $929.6M | $965.3M | $979.5M | $955.2M | $1.01B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 11, 2026 | Feb 12, 2025 | Feb 14, 2024 | Feb 15, 2023 | Feb 16, 2022 |
| Operating cash flow | $94.4M | $16.4M | $362.0K | -$69.6M | -$38.5M |
| Capital expenditures | $28.7M | $10.3M | $11.0M | $20.0M | $34.8M |
| Free cash flow | $65.8M | $6.08M | -$10.6M | -$89.6M | -$73.3M |
| Depreciation and amortization | – | – | – | – | $28.8M |
| Stock-based compensation | $117.3M | $107.9M | $136.3M | $145.8M | $140.5M |
| Investing cash flow | -$213.0M | $178.9M | $294.9M | $235.8M | -$794.5M |
| Financing cash flow | $12.8M | -$17.1M | -$331.4M | -$189.1M | $936.6M |
| Net change in cash | -$105.6M | $178.1M | -$35.5M | -$23.4M | $103.1M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 18.8% | 19.9% | 26.9% | 33.7% | 39.6% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 23, 2026 | 161.2M | +7.9% | SEC |
| Jul 24, 2026 | 159.3M | +8.1% | SEC |
| Apr 24, 2026 | 156.5M | +8.1% | SEC |
| Feb 13, 2026 | 151.8M | +6.7% | SEC |
| Oct 31, 2025 | 149.4M | +6.5% | SEC |
| Jul 31, 2025 | 147.4M | +6.3% | SEC |
| Apr 30, 2025 | 144.8M | +6.0% | SEC |
| Feb 14, 2025 | 142.3M | +6.0% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.