Fastly, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| 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 |
| Research and development | $162.7M | $138.0M | $152.2M | $155.3M | $126.9M |
| Operating expenses | $475.2M | $463.9M | $464.4M | $456.0M | $406.3M |
| Operating income | -$119.0M | -$167.9M | -$198.0M | -$246.2M | -$219.0M |
| Interest expense | $12.7M | $2.7M | $4.1M | $5.9M | $5.2M |
| Pretax income | -$119.2M | -$155.5M | -$133.3M | -$190.7M | -$222.6M |
| Income tax expense | $2.5M | $2.6M | -$221,000 | $94,000 | $69,000 |
| Net income | -$121.7M | -$158.1M | -$133.1M | -$190.8M | -$222.7M |
| Balance Sheet | |||||
| Cash and equivalents | $180.6M | $286.2M | $107.9M | $143.4M | $166.1M |
| Current assets | $506.7M | $440.2M | $463.7M | $636.5M | $624.6M |
| Total assets | $1.5B | $1.5B | $1.5B | $1.9B | $2.2B |
| Current liabilities | $194.0M | $104.5M | $147.7M | $152.3M | $131.9M |
| Total liabilities | $569.9M | $486.1M | $545.7M | $941.0M | $1.1B |
| Total debt | — | — | — | — | $948.8M |
| Stockholders' equity | $929.6M | $965.2M | $979.5M | $955.2M | $1.0B |
| Cash Flow Statement | |||||
| Cash from operations | $94.4M | $16.4M | $362,000 | -$69.6M | -$38.5M |
| Depreciation and amortization | $61.0M | $54.0M | $51.6M | $42.6M | $28.8M |
| Stock-based compensation | $117.3M | $107.9M | $136.3M | $145.8M | $140.5M |
| Capital expenditure | $28.7M | $10.3M | $11.0M | $20.0M | $34.8M |
| Free cash flow | $65.8M | $6.1M | -$10.6M | -$89.6M | -$73.3M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 156.5M · Free float 95.8%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.