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) Operating margin

Alert me on Operating margin

Fastly, Inc.'s operating margin over the twelve months to 30 September 2026 was −9.00%, up 10.1 percentage points from fiscal 2025 (−19.1%). Over the past ten years it has ranged from −61.8% (fiscal 2021) to −19.1% (fiscal 2025) — the current reading is the highest in ten years. That is below the Software Application industry median of 0.00% and below the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −19.1% 11.82
FY2024 −30.9% 8.25
FY2023 −39.1% 17.76
FY2022 −56.9% 4.91
FY2021 −61.8% (24.95)
FY2020 −36.9% (13.64)
FY2019 −23.2% (3.06)
FY2018 −20.2% 9.42
FY2017 −29.6% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 −5.93% 1.94
Jun 2026 −7.87% 5.94
Mar 2026 −13.8% (5.07)
Dec 2025 −8.74% 9.45
29 more quarters

Against its own ten years

Low −61.8% High −19.1%
Ten-year median −30.9%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
AGYS Agilysys, Inc. compare 14.3%
SPSC SPS Commerce, Inc. compare 13.8%
NATL NCR Atleos Corporation compare 13.2%
ALRM Alarm.com Holdings, Inc. compare 12.8%
BULL Webull Corporation compare 12.4%
FRSH Freshworks Inc. compare 7.06%
INTA Intapp, Inc. compare −4.45%
FSLY Fastly, Inc. −9.00%
VIA Via Transportation Inc. compare −18.0%
Software Application industry median 0.00%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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