Dec 31, 2021

Fastly Q4 2021 Earnings Report

Fastly's Q4 2021 earnings demonstrated momentum with revenue exceeding guidance and the launch of Next-Gen WAF.

Key Takeaways

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.

Q4 revenue reached $97.7 million, showing 13% quarter-over-quarter growth.

Dollar-Based Net Expansion Rate was reported at 121%.

Launched the edge deployment of Next-Gen WAF.

Total customer count was 2,804, including 445 enterprise customers.

Total Revenue
$97.7M
Previous year: $82.6M
+18.2%
EPS
-$0.1
Previous year: -$0.09
+11.1%
DBNER
118%
Previous year: 115%
+2.6%
Enterprise Customers
445
Previous year: 324
+37.3%
Total Customer Count
2.8K
Previous year: 2.08K
+34.5%
Gross Profit
$49.8M
Previous year: $48.9M
+1.8%
Cash and Equivalents
$166M
Previous year: $62.9M
+164.0%
Free Cash Flow
-$11.5M
Previous year: -$40M
-71.4%
Total Assets
$2.15B
Previous year: $1.16B
+85.1%

Fastly

Fastly

Forward Guidance

Fastly provided guidance for Q1 2022 with revenue between $97 million and $100 million and for the full year 2022 with revenue between $400 million and $410 million.