Quarterly reports
Fastly reported second quarter fiscal 2026 revenue of $183.3 million, up 23.3% from the prior-year quarter. GAAP gross margin expanded to 63.3%, up 8.7 percentage points. The GAAP operating loss narrowed to $14.4 million from $36.9 million.
Fastly's fiscal 2026 first quarter delivered record revenue and record gross margin. Revenue in the quarter ended March 31, 2026 rose 19.8% to $173.0 million. Gross profit rose 40.9% to $108.2 million. Gross margin was 62.5%, up 9.4 percentage points from the prior-year quarter.
Fastly closed FY2025 Q4 with revenue of $172.6 million, up 22.8% from $140.6 million in FY2024 Q4, according to reported figures. Full-year revenue was $624.0 million, up 14.8% from $543.7 million.
Fastly posted third-quarter revenue of $158.2 million, up 15.3% from the prior-year quarter. Gross profit rose 23.5% to $92.3 million, and gross margin expanded to 58.4%, up 3.9 percentage points. The GAAP operating loss narrowed 29.1% to $28.8 million.
Fastly reported second-quarter revenue of $148.7 million, up 12% from the prior-year quarter. GAAP gross profit was $81.1 million, up 11.3%, while GAAP gross margin was 54.5%, down 0.5 percentage points. The operating loss was $36.9 million, an improvement from the prior-year quarter.
Fastly reported first quarter revenue of $144.5 million, up 8.2% from $133.5 million in the prior-year quarter. Growth was broad across the product lines. Network services and security revenue each grew 7% year over year, while other revenue, which covers Compute and Observability, grew 64%.
Fastly reported fourth quarter revenue of $140.6 million, up 2.0% from $137.8 million in the prior-year quarter. Full-year revenue reached $543.7 million, up 7.4% from $506.0 million. Gross profit was $75.1 million in the quarter, down 0.9% from $75.8 million.
Fastly's fiscal 2024 third quarter, ended September 30, 2024, delivered revenue of $137.2 million, up 7% from $127.8 million in the prior-year quarter. Year-to-date revenue reached $403.1 million, up 9% from $368.2 million.
Fastly's second quarter of fiscal 2024 showed a split between improving gross margins and a widening bottom-line loss. Revenue rose 7.8% year over year to $132.4 million. Gross profit increased 13.5% to $72.9 million. Gross margin improved to 55.1%, up 2.8 percentage points.
Fastly reported first quarter fiscal 2024 revenue of $133.5 million, up 13.6% from $117.6 million in the prior-year quarter. Gross profit rose to $73.2 million from $60.3 million, up 21.5%. Gross margin expanded to 54.8% from 51.3%, up 3.6 percentage points.
Fastly closed fiscal 2023 with record fourth quarter revenue of $137.8 million, up 15.5% from $119.3 million in the prior-year quarter. Full year revenue reached $506.0 million, up 16.9% from $432.7 million. Gross margin expanded meaningfully.
Fastly reported record third quarter revenue of $127.8 million, up 17.8% from $108.5 million in the prior-year quarter. The growth came mostly from existing customers, with new customers contributing less than 10% of revenue. Year to date revenue reached $368.2 million, up 17.5% from $313.4 million.
Fastly posted second quarter revenue of $122.8 million, up 19.8% from $102.5 million a year earlier. The press release also notes a 4% sequential increase. Gross profit climbed to $64.2 million from $46.1 million, and GAAP gross margin expanded to 52.3% from 44.9%.
Fastly reported first quarter fiscal 2023 revenue of $117.6 million, up 14.8% from the prior-year quarter. GAAP gross profit rose 24.3% to $60.3 million, and GAAP gross margin improved to 51.3% from 47.3%.
Fastly closed fiscal 2022 with fourth-quarter revenue of $119.3 million, up 22% from the prior-year quarter and up 10% sequentially. Full-year revenue was $432.7 million, up 22% from fiscal 2021. GAAP gross margin for the fourth quarter was 52.4%, up 1.5 percentage points from the prior-year quarter.
Fastly reported third quarter fiscal 2022 revenue of $108.5 million, up 25.1% year over year. Year-to-date revenue was $313.4 million, up 22.1%.
Fastly reported second quarter revenue of $102.5 million, up 20.6% from the prior-year quarter. That was a record quarter. Gross profit was $46.1 million, up 3.0%. Gross margin was 44.9%, down 7.7 percentage points.
Fastly reported first quarter fiscal 2022 revenue of $102.4 million, up 20.7% year over year and 5% sequentially. That is a record quarterly revenue figure for the company. GAAP gross profit rose 2.3% to $48.5 million. GAAP gross margin was 47.3%, down 8.5 percentage points.
Fastly closed fiscal 2021 with fourth quarter revenue of $97.7 million, up 18.2% year over year. Full-year revenue reached $354.3 million, up 21.8%.
Fastly reported Q3 2021 revenue of $86.7 million, up 23% from the prior-year quarter, net of a $0.9 million deferred revenue write-down tied to purchase accounting for the Signal Sciences acquisition. GAAP gross profit was $45.5 million, up 10%. GAAP gross margin slipped to 52.4% from 58.5%.
The second quarter of fiscal 2021 at Fastly showed revenue growth alongside a much wider loss. Revenue was $85.03 million for the quarter ended June 30, 2021, up 13.9% from $74.66 million in the prior-year quarter. Year-to-date revenue was $169.88 million, up 23.5% from $137.59 million.
Fastly's first quarter of fiscal 2021 showed rapid top-line growth but a much wider loss. Revenue was $84.85 million, up 34.8% from the prior-year quarter. Gross profit was $47.36 million, up 32.8%. Gross margin slipped to 55.8%, down 0.9 percentage points.
Summaries, guidance, risks and KPIs are generated from the company's SEC filings (10-Q / 10-K and the 8-K earnings release) and checked against the reported XBRL figures. They can contain errors; the filings are authoritative.