InsiderClue
Stocks · Technology · Services-Prepackaged Software

Fastly, Inc.

FSLY Clue Score50
United States Fiscal year ends December CIK 0001517413
$29.30 +15.86% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $29.30 −29.16% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 17 May 2019. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue104.9Operating income−31.0Net income−32.5Fiscal year 2018Revenue144.6 +37.8%Operating income−29.1Net income−30.9Fiscal year 2019Revenue200.5 +38.7%Operating income−46.5Net income−51.6EPS, diluted−0.75Fiscal year 2020Revenue290.9 +45.1%Operating income−107.2Net income−95.9EPS, diluted−0.93Fiscal year 2021Revenue354.3 +21.8%Operating income−219.0Net income−222.7EPS, diluted−1.92Fiscal year 2022Revenue432.7 +22.1%Operating income−246.2Net income−190.8EPS, diluted−1.57Fiscal year 2023Revenue506.0 +16.9%Operating income−198.0Net income−133.1EPS, diluted−1.03Fiscal year 2024Revenue543.7 +7.4%Operating income−167.9Net income−158.1EPS, diluted−1.14Fiscal year 2025Revenue624.0 +14.8%Operating income−119.0Net income−121.7EPS, diluted−0.83
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 104.9 144.6 200.5 290.9 354.3 432.7 506.0 543.7 624.0
Growth +37.8% +38.7% +45.1% +21.8% +22.1% +16.9% +7.4% +14.8%
Operating income −31.0 −29.1 −46.5 −107.2 −219.0 −246.2 −198.0 −167.9 −119.0
Net income −32.5 −30.9 −51.6 −95.9 −222.7 −190.8 −133.1 −158.1 −121.7
Growth
EPS, diluted n/a n/a −0.75 −0.93 −1.92 −1.57 −1.03 −1.14 −0.83

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2017Gross margin53.6%Operating margin−29.6%Net margin−30.9%Free cash flow margin−36.2%Fiscal year 2018Gross margin54.7%Operating margin−20.2%Net margin−21.4%Free cash flow margin−23.3%Fiscal year 2019Gross margin55.9%Operating margin−23.2%Net margin−25.7%Free cash flow margin−22.9%Fiscal year 2020Gross margin58.7%Operating margin−36.9%Net margin−33.0%Free cash flow margin−17.0%Fiscal year 2021Gross margin52.9%Operating margin−61.8%Net margin−62.9%Free cash flow margin−20.7%Fiscal year 2022Gross margin48.5%Operating margin−56.9%Net margin−44.1%Free cash flow margin−20.7%Fiscal year 2023Gross margin52.6%Operating margin−39.1%Net margin−26.3%Free cash flow margin−2.1%Fiscal year 2024Gross margin54.4%Operating margin−30.9%Net margin−29.1%Free cash flow margin1.1%Fiscal year 2025Gross margin57.1%Operating margin−19.1%Net margin−19.5%Free cash flow margin10.5%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 53.6% 54.7% 55.9% 58.7% 52.9% 48.5% 52.6% 54.4% 57.1%
Operating margin −29.6% −20.2% −23.2% −36.9% −61.8% −56.9% −39.1% −30.9% −19.1%
Net margin −30.9% −21.4% −25.7% −33.0% −62.9% −44.1% −26.3% −29.1% −19.5%
Free cash flow margin −36.2% −23.3% −22.9% −17.0% −20.7% −20.7% −2.1% 1.1% 10.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow−25.9Capital expenditure−12.1Free cash flow−38.0Fiscal year 2018Operating cash flow−17.0Capital expenditure−16.7Free cash flow−33.7Fiscal year 2019Operating cash flow−31.3Capital expenditure−14.6Free cash flow−45.9Fiscal year 2020Operating cash flow−19.9Capital expenditure−29.6Free cash flow−49.5Fiscal year 2021Operating cash flow−38.5Capital expenditure−34.8Free cash flow−73.3Fiscal year 2022Operating cash flow−69.6Capital expenditure−20.0Free cash flow−89.6Fiscal year 2023Operating cash flow0.4Capital expenditure−11.0Free cash flow−10.6Fiscal year 2024Operating cash flow16.4Capital expenditure−10.3Free cash flow6.1Fiscal year 2025Operating cash flow94.4Capital expenditure−28.7Free cash flow65.8 +982.1%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −25.9 −17.0 −31.3 −19.9 −38.5 −69.6 0.4 16.4 94.4
Capital expenditure −12.1 −16.7 −14.6 −29.6 −34.8 −20.0 −11.0 −10.3 −28.7
Free cash flow −38.0 −33.7 −45.9 −49.5 −73.3 −89.6 −10.6 6.1 65.8
Growth +982.1%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash31.3Shareholders’ equity−107.0Fiscal year 2018Cash37.0Total debt50.8Net cash (debt)−13.8Shareholders’ equity−131.9Fiscal year 2019Cash16.1Total debt24.6Net cash (debt)−8.4Shareholders’ equity257.7Debt to equity0.10Fiscal year 2020Cash62.9Total debt0.0Net cash (debt)62.9Shareholders’ equity1,061.9Debt to equity0.00Fiscal year 2021Cash166.1Total debt933.2Net cash (debt)−767.1Shareholders’ equity1,014.0Debt to equity0.92Fiscal year 2022Cash143.4Total debt704.7Net cash (debt)−561.3Shareholders’ equity955.2Debt to equity0.74Fiscal year 2023Cash107.9Total debt343.5Net cash (debt)−235.6Shareholders’ equity979.5Debt to equity0.35Fiscal year 2024Cash286.2Total debt337.6Net cash (debt)−51.4Shareholders’ equity965.3Debt to equity0.35Fiscal year 2025Cash180.6Total debt361.8Net cash (debt)−181.3Shareholders’ equity929.6Debt to equity0.39
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 31.3 37.0 16.1 62.9 166.1 143.4 107.9 286.2 180.6
Total debt n/a 50.8 24.6 0.0 933.2 704.7 343.5 337.6 361.8
Net cash (debt) n/a −13.8 −8.4 62.9 −767.1 −561.3 −235.6 −51.4 −181.3
Shareholders’ equity −107.0 −131.9 257.7 1,061.9 1,014.0 955.2 979.5 965.3 929.6
Debt to equity n/a n/a 0.10 0.00 0.92 0.74 0.35 0.35 0.39

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
53.6% 54.7% 55.9% 58.7% 52.9% 48.5% 52.6% 54.4% 57.1%
−29.6% −20.2% −23.2% −36.9% −61.8% −56.9% −39.1% −30.9% −19.1%
−30.7% −21.3% −25.5% −36.9% −62.8% −44.1% −26.3% −28.6% −19.1%
−30.9% −21.4% −25.7% −33.0% −62.9% −44.1% −26.3% −29.1% −19.5%
−36.2% −23.3% −22.9% −17.0% −20.7% −20.7% −2.1% 1.1% 10.5%
Spending
27.6% 23.9% 23.2% 25.7% 35.8% 35.9% 30.1% 25.4% 26.1%
16.6% 16.2% 20.5% 35.1% 35.8% 27.9% 22.9% 20.9% 17.7%
11.5% 11.6% 7.3% 10.2% 9.8% 4.6% 2.2% 1.9% 4.6%
Returns
n/a n/a −20.0% −9.0% −22.0% −20.0% −13.6% −16.4% −13.1%
n/a −19.0% −16.1% −7.9% −10.3% −10.1% −8.7% −10.9% −8.1%
Balance and payout
n/a n/a 0.10 0.00 0.92 0.74 0.35 0.35 0.39
n/a 46.1% 19.7% 13.0% 53.0% 49.6% 35.8% 33.5% 38.0%