FSLY · Fastly, Inc.
$23.29
+0.29 (+1.26%)
At close · Aug 26
View the 10-Q filed May 6, 2026
Customer concentration
— top 10 customers 32% of revenue
10 customers — 32% of revenue (trailing 12 month periods ended March 31, 2026)
“Our 10 largest customers generated an aggregate of 32% of our revenue for each of the trailing 12 month periods ended March 31, 2026 and 2025.”
Key customers — 10% of revenue (trailing 12 month period ended March 31, 2026)
“Affiliated customers that are business units of a single company generated an aggregate of 10% and 9% of our revenue for the trailing 12 month periods ended March 31, 2026 and 2025, respectively.”
Market Cap
$3.66B
Shares
159.30M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$624.02M
+14.8%
FY2025
Net Income
-$121.68M
+23%
FY2025
Gross Margin
57.08%
+2.6pp
FY2025
Operating Margin
-19.07%
+11.8pp
FY2025
Diluted EPS
-$0.83
+27.2%
FY2025
Operating Cash Flow
$94.44M
+475.7%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| — | $687.17M | $624.02M | $543.68MG | $505.99MG | $432.73MG | $354.33M | $290.87M | $200.46M | $144.56M | $104.9M | |
| — | $264.75M | $267.82M | $247.74M | $239.66M | $222.94M | $167M | $120.01M | $88.32M | $65.5M | $48.67M | |
| — | $422.42M | $356.2M | $295.94M | $266.33M | $209.78M | $187.33M | $170.87M | $112.14M | $79.06M | $56.23M | |
| — | — | 57.08% | 54.43% | 52.64% | 48.48% | 52.87% | 58.74% | 55.94% | 54.69% | 53.6% | |
| — | $167.06M | $162.66M | $137.98M | $152.19M | $155.31M | $126.86M | $74.81M | $46.49M | $34.62M | $28.99M | |
| — | $212.87M | $201.43M | $198.61M | $191.77M | $179.87M | $152.65M | $101.18M | $71.1M | $50.13M | $40.82M | |
| — | $124.7M | $110.69M | $113.4M | $116.08M | $120.8M | $126.85M | $102.08M | $41.1M | $23.45M | $17.45M | |
| — | $11.6M | $16.82M | $19.6M | $20.42M | $21.7M | $21.24M | $5.3M | $100K | $100K | — | |
| — | — | — | — | — | — | $28.8M | $19.98M | $16.55M | $13.4M | $9.64M | |
| — | — | $0 | $9.72M | $0 | $0 | — | — | — | — | — | |
| — | $504.63M | $475.2M | $463.85M | $464.36M | $455.98M | $406.35M | $278.08M | $158.69M | $108.2M | $87.26M | |
| — | -$82.21M | -$119M | -$167.92M | -$198.03M | -$246.2M | -$219.02M | -$107.21M | -$46.55M | -$29.14M | -$31.03M | |
| — | — | -19.07% | -30.89% | -39.14% | -56.9% | -61.81% | -36.86% | -23.22% | -20.16% | -29.58% | |
| — | — | — | — | — | — | -$190.22M | -$87.23M | -$30M | -$15.74M | -$21.39M | |
| — | $13.02M | $12.7M | $2.75M | $4.05M | $5.89M | $5.25M | $1.55M | $5.24M | $1.81M | $1.12M | |
| — | $12M | $12.29M | $14.87M | $18.19M | $7.04M | $1.28M | $1.63M | $3.29M | $939K | $443K | |
| — | -$1.46M | -$721K | -$1.03M | -$1.83M | -$29K | $356K | -$279K | -$2.56M | -$741K | -$539K | |
| — | -$83.74M | -$119.19M | -$155.45M | -$133.31M | -$190.68M | -$222.63M | -$107.41M | -$51.06M | -$30.75M | -$32.24M | |
| — | -$2.64M | $2.49M | $2.6M | -$221K | $94K | $69K | -$11.48M | $492K | $185K | $208K | |
| — | -$81.1M | -$121.68M | -$158.06M | -$133.09M | -$190.77M | -$222.7M | -$95.93M | -$51.55M | -$30.94M | -$32.45M | |
| — | — | -19.5% | -29.07% | -26.3% | -44.09% | -62.85% | -32.98% | -25.72% | -21.4% | -30.93% | |
| — | -$81.1M | -$121.68M | -$158.06M | -$133.09M | -$190.77M | — | — | — | — | — | |
| — | -$81.43M | -$121.62M | -$157.15M | -$124.81M | -$197.43M | -$225.33M | -$96.12M | -$51.32M | -$30.95M | -$32.43M | |
| USD/shares | — | — | -$0.83 | -$1.14 | -$1.03 | -$1.57 | -$1.92 | -$0.93 | -$0.75 | — | — |
| USD/shares | $0.50 – $0.54* | — | -$0.83G | -$1.14 | -$1.03 | -$1.57 | -$1.92 | -$0.93 | -$0.75 | — | — |
| shares | — | — | 146.9M | 138.1M | 128.77M | 121.72M | 116.05M | 103.55M | 68.35M | 24.38M | 23.4M |
| shares | — | — | 146.9M | 138.1M | 128.77M | 121.72M | 116.05M | 103.55M | 68.35M | 24.38M | 23.4M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
5.31×
Peer median 2.95×
EV/EBIT
—
Peer median 21.04×
P/E (TTM)
—
Peer median 38.69×
Peer medians compare against the 82 similar-size Software - Application companies (of 210 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| United States | $465,450,000 | $407,324,000 | $370,424,000 | $316,149,000 | $260,399,000 | $196,538,000 | $142,842,000 | $110,811,000 |
| Non Us | $158,568,000 | $136,352,000 | $135,564,000 | — | — | — | — | — |
| Countries Not Separately Recognized | — | — | — | $20,034,000 | $19,258,000 | $17,508,000 | $11,219,000 | $5,029,000 |
| Asia Pacific | — | — | — | $58,073,000 | $39,496,000 | $44,060,000 | $18,806,000 | $7,194,000 |
| Europe | — | — | — | $38,469,000 | $35,177,000 | $32,768,000 | $27,595,000 | $21,529,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Network Services | $477,774,000 | $427,690,000 | $405,116,000 | $349,660,000 |
| Security | $125,061,000 | $103,037,000 | $92,864,000 | $77,841,000 |
| Other | $21,183,000 | $12,949,000 | $8,008,000 | $5,224,000 |
Key facts
CIK
1517413
CUSIP
31188V100
13F (30d)
247 filings
243 filers
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