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) Free cash flow margin

Alert me on Free cash flow margin

Fastly, Inc.'s free cash flow margin over the twelve months to 30 September 2026 was 18.2%, up 10.4 percentage points from fiscal 2025 (7.71%). Over the past ten years it has ranged from −37.3% (fiscal 2017) to 7.71% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 5.77% and above the Technology sector median of 0.67%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 7.71% 11.53
FY2024 −3.82% 2.48
FY2023 −6.30% 28.24
FY2022 −34.5% (9.63)
FY2021 −24.9% (5.36)
FY2020 −19.6% 6.09
FY2019 −25.6% (0.29)
FY2018 −25.4% 11.93
FY2017 −37.3% —

Against its own ten years

Low −37.3% High 7.71%
Ten-year median −24.9%
Current reading's percentile 100

Free cash flow margin against peers

Company Free cash flow margin
BULL Webull Corporation compare 111.5%
SPSC SPS Commerce, Inc. compare 26.0%
FRSH Freshworks Inc. compare 25.3%
INTA Intapp, Inc. compare 25.3%
AGYS Agilysys, Inc. compare 23.3%
FSLY Fastly, Inc. 18.2%
ALRM Alarm.com Holdings, Inc. compare 17.6%
NATL NCR Atleos Corporation compare 7.03%
VIA Via Transportation Inc. compare −9.83%
Software Application industry median 5.77%
Technology sector median 0.67%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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