Fastly, Inc.

Fastly, Inc. earnings

FSLY

22 quarterly earnings reports from Q1 FY2021 to Q2 FY2026: Summary, reported figures, guidance, risks and SaaS KPIs.

Quarterly reports

Q2 FY2026
Quarter ended Jun 2026

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.

7 KPIs6 guidance items9 risks
$183.3M
Revenue · +23.3% YoY
Op. margin -7.9%
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Q1 FY2026
Quarter ended Mar 2026

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.

9 KPIs6 guidance items10 risks
$173.0M
Revenue · +19.8% YoY
Op. margin -13.8%
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Q4 FY2025
Quarter ended Dec 2025

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.

13 KPIs6 guidance items9 risks
$172.6M
Revenue · +22.8% YoY
Op. margin -8.7%
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Q3 FY2025
Quarter ended Sep 2025

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.

7 KPIs6 guidance items9 risks
$158.2M
Revenue · +15.3% YoY
Op. margin -18.2%
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Q2 FY2025
Quarter ended Jun 2025

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.

10 KPIs7 guidance items12 risks
$148.7M
Revenue · +12.3% YoY
Op. margin -24.8%
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Q1 FY2025
Quarter ended Mar 2025

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%.

10 KPIs6 guidance items7 risks
$144.5M
Revenue · +8.2% YoY
Op. margin -26.4%
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Q4 FY2024
Quarter ended Dec 2024

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.

11 KPIs6 guidance items12 risks
$140.6M
Revenue · +2.0% YoY
Op. margin -24.4%
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Q3 FY2024
Quarter ended Sep 2024

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.

6 KPIs6 guidance items12 risks
$137.2M
Revenue · +7.3% YoY
Op. margin -29.6%
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Q2 FY2024
Quarter ended Jun 2024

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.

6 KPIs6 guidance items8 risks
$132.4M
Revenue · +7.8% YoY
Op. margin -35.3%
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Q1 FY2024
Quarter ended Mar 2024

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.

9 KPIs6 guidance items10 risks
$133.5M
Revenue · +13.6% YoY
Op. margin -34.6%
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Q4 FY2023
Quarter ended Dec 2023

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.

10 KPIs6 guidance items12 risks
$137.8M
Revenue · +15.5% YoY
Op. margin -30.9%
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Q3 FY2023
Quarter ended Sep 2023

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.

12 KPIs6 guidance items9 risks
$127.8M
Revenue · +17.8% YoY
Op. margin -45.6%
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Q2 FY2023
Quarter ended Jun 2023

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%.

15 KPIs6 guidance items10 risks
$122.8M
Revenue · +19.8% YoY
Op. margin -40.6%
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Q1 FY2023
Quarter ended Mar 2023

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%.

10 KPIs6 guidance items13 risks
$117.6M
Revenue · +14.8% YoY
Op. margin -40.2%
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Q4 FY2022
Quarter ended Dec 2022

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.

14 KPIs6 guidance items14 risks
$119.3M
Revenue · +22.1% YoY
Op. margin -40.6%
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Q3 FY2022
Quarter ended Sep 2022

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%.

6 KPIs6 guidance items12 risks
$108.5M
Revenue · +25.1% YoY
Op. margin -60.6%
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Q2 FY2022
Quarter ended Jun 2022

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.

10 KPIs6 guidance items12 risks
$102.5M
Revenue · +20.6% YoY
Op. margin -67.3%
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Q1 FY2022
Quarter ended Mar 2022

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.

11 KPIs6 guidance items14 risks
$102.4M
Revenue · +20.7% YoY
Op. margin -61.5%
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Q4 FY2021
Quarter ended Dec 2021

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%.

6 KPIs6 guidance items12 risks
$97.7M
Revenue · +18.2% YoY
Op. margin -58.0%
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Q3 FY2021
Quarter ended Sep 2021

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%.

13 KPIs11 guidance items12 risks
$86.7M
Revenue · +22.8% YoY
Op. margin -63.3%
Read report →
Q2 FY2021
Quarter ended Jun 2021

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.

5 KPIs10 risks
$85.0M
Revenue · +13.9% YoY
Op. margin -67.6%
Read report →
Q1 FY2021
Quarter ended Mar 2021

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.

7 KPIs1 guidance items15 risks
$84.9M
Revenue · +34.9% YoY
Op. margin -58.9%
Read report →

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.