Fastly, Inc.

FSLY Technology Software Application

Fastly, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $624.0 million, up 14.8% from fiscal 2024.

Revenue
+20.2%
EPS
+65.0%
Free cash flow
+120.0%
Total debt
−4.09%

Quarter to September 2026, against a year earlier

15.40 5.64 −26.81%
Market cap
$2.5B
P/E
0.0×
Fwd P/E
−52.8×
Dividend yield
—
F-score
6/9
Altman Z
0.94
Beneish M
−3.20
Dividend safety
n/a

Fastly, Inc. (FSLY) Debt to equity

Alert me on Debt to equity

Fastly, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.3×, down 0.1× from fiscal 2025 (0.4×). Over the past ten years it has ranged from 0.0× (fiscal 2017) to 1.0× (fiscal 2021); the current reading is higher than 67% of that period. That is above the Software Application industry median of 0.0× and above the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.4× 11.29%
FY2024 0.3× (0.71%)
FY2023 0.4× (56.43%)
FY2022 0.8× (17.74%)
FY2021 1.0× 2,185.58%
FY2020 0.0× (62.01%)
FY2019 0.1× (80.47%)
FY2018 0.6× —
FY2017 0.0× —

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.3× (1.19%)
Jun 2026 0.3× (1.27%)
Mar 2026 0.3× (14.92%)
Dec 2025 0.4× 7.87%
30 more quarters

Against its own ten years

Low 0.0× High 1.0×
Ten-year median 0.4×
Current reading's percentile 67

Debt to equity against peers

Company Debt to equity
FRSH Freshworks Inc. compare 0.0×
INTA Intapp, Inc. compare 0.0×
VIA Via Transportation Inc. compare 0.0×
SPSC SPS Commerce, Inc. compare 0.0×
AGYS Agilysys, Inc. compare 0.0×
BULL Webull Corporation compare 0.1×
FSLY Fastly, Inc. 0.3×
ALRM Alarm.com Holdings, Inc. compare 0.6×
NATL NCR Atleos Corporation compare 4.4×
Software Application industry median 0.0×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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