Fastly Earnings Reports

Fastly announced record fourth-quarter revenue of $140.6 million, representing a 2% year-over-year increase. The company's platform strategy is driving innovation and faster time to value for customers. Fastly enters 2025 with a strengthened balance sheet and a focus on efficient customer acquisition and long-term revenue growth.

Fastly reported Q3 2024 financial results with revenue of $137.2 million, a GAAP net loss of $38.0 million, and a non-GAAP net income of $2.4 million. The company's revenue saw a 7% year-over-year increase, driven by strength in large customers and share gains outside the top ten. Adjusted EBITDA reached a record $13.3 million.

Fastly reported Q2 2024 revenue of $132.4 million, representing an 8% year-over-year increase. The company's enterprise customer count grew by 4% sequentially. However, Fastly is facing demand challenges with some large customers and is adjusting its cost structure accordingly.

Fastly reported a 14% year-over-year revenue increase to $133.5 million and positive operating cash flow of $11.1 million. The company released its Bot Management Solution and saw increased deal registrations and product package deals.

Fastly reported record fourth quarter revenue of $137.8 million, representing 15% year-over-year growth. The company's GAAP gross margin was 55.0%, and non-GAAP gross margin was 59.2%. Fastly achieved GAAP net loss of $23.4 million and non-GAAP net income of $1.7 million.

Fastly announced record third-quarter revenue of $127.8 million, representing an 18% year-over-year growth. The company is focused on customer acquisition and industry vertical expansion.

Fastly announced strong Q2 2023 financial results, exceeding the high end of their guidance range with a record revenue of $122.8 million, representing a 20% year-over-year growth. The company also expanded its market reach with new packaging and pricing and repurchased $236.4 million in convertible debt for $195.7 million, resulting in a $36.8 million net gain.

Fastly's Q1 2023 earnings report highlights a record first-quarter revenue that exceeded the high end of the quarterly guidance range, growing 15% year-over-year. The company also saw progress in customer mind share through go-to-market simplification, packaging, innovation velocity, and improvements in cost control and financial rigor.

Fastly reported record quarterly revenue of $119.3 million, exceeding the high end of its guidance range, representing 22% year-over-year growth. The company's GAAP gross margin improved sequentially, and the trailing 12 month net retention rate increased to 119%.

Fastly announced record quarterly revenue of $108.5 million, exceeding the high-end of their guidance range and representing 25% year-over-year growth. GAAP gross margin and non-GAAP gross margin also grew sequentially. The company's portfolio expansion strategy is driving new customer acquisition and increased usage.

Fastly announced its Q2 2022 financial results, with revenue exceeding the high end of the quarterly guidance range. The company repurchased $235 million of convertible debt at a 25% discount and reported a Net Retention Rate of 117%.

Fastly's Q1 2022 earnings report revealed strong revenue growth, exceeding quarterly guidance and surpassing the $100M milestone for the first time. The company reported a total revenue of $102.4 million, up 5% quarter-over-quarter and 21% year-over-year.

Fastly reported a strong finish to 2021 with Q4 revenue of $97.7 million, which exceeded the midpoint of their guidance range by 7%. The company's Dollar-Based Net Expansion Rate was 121% and they launched the edge deployment of their Next-Gen WAF.

Fastly's Q3 2021 earnings report showed a 23% year-over-year revenue increase to $87 million, driven by the Signal Sciences acquisition and adoption of their edge platform, but also included a GAAP operating loss of $55 million and a non-GAAP operating loss of $13 million.

Fastly's Q2 2021 earnings report showed a 14% year-over-year revenue increase to $85 million, but was impacted by a global outage and customer delays. The company experienced a GAAP operating loss of $57 million and a net loss per share of $0.51. Despite these challenges, Fastly is focused on security offerings and Compute@Edge capabilities to drive future growth.

Fastly's Q1 2021 revenue increased 35% year-over-year to nearly $85 million. The company saw growth in total customer count and enterprise customer count, with average enterprise customer spend increasing to $800,000. The DBNER remains strong at 139%.

Fastly reported a strong Q4 2020 with revenue up 40% year-over-year, driven by demand for its edge platform. The company saw growth in enterprise customer spend and a strong DBNER. Gross margin improved, but operating and net losses persisted, though non-GAAP metrics showed some improvement.

Fastly's Q3 2020 results were impacted by customer-specific factors, but despite these challenges, the company generated 42% year-over-year top-line growth. The company's underlying business remains strong, supported by demand from customers and expansion of customer relationships.

Fastly's Q2 2020 saw significant growth, driven by the increasing need for digital transformation. The company reported a 62% year-over-year increase in revenue, reaching $75 million, and expanded its customer base to 1,951. Profitability also improved, with the first positive adjusted EBITDA quarter.

Fastly's Q1 2020 revenue increased by 38% year-over-year to $63 million. The enterprise customer count rose to 297, and the company raised its full-year 2020 guidance.

Fastly's Q4 2019 results showed strong top-line growth with revenue of $59 million, up 44% year-over-year. The company also saw an increase in enterprise customer count and a DBNER of 136%.