Fastly, Inc. Class A Common Stock

Fastly, Inc. Class A Common Stock

FSLY · NASDAQ · Technology / Software - Application

16.62USD-0.57 (-3.32%)

Price History

Full chart

Market Stats

Previous Close17.19
Open17.50
Day Range16.03 – 17.64
52-Week Range7.87 – 34.82
Volume3.32M
Market Cap3.35B
P/E (TTM)0.00
Forward P/E29.24
EPS-0.53
Dividend Yield0.00%
Beta0.19
50-Day Avg24.34
200-Day Avg21.58

About

Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet. The company offers network services to speed up and optimize the delivery of web and application traffic; content delivery network, such as dynamic site acceleration, origin shield, instant purge, surrogate keys, programmatic control, content compression, reliability features, fanout, domainr, modern protocols and performance services; staging environment; and video/ streaming solutions and services, including live streaming, live event monitoring, video on demand, cache reservation, and media shield. It also provides security solutions, such as DDoS protection, next-gen WAF, bot management, API and ATO protection, advanced rate limiting, privacy, and compliance services; load balancing; image optimization; and origin connect. In addition, the company offers professional services comprising managed and response security services; managed CDN; and support plans services. It serves customers operating in ecommerce, streaming media, gaming, digital publishing, and high tech to financial services industries. The company was formerly known as SkyCache, Inc. and changed its name to Fastly, Inc. in May 2012. Fastly, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Charles Compton
  • Employees1.14K
  • Headquarters475 Brannan Street, San Francisco, CA, United States, 94107, USA
  • Websitehttps://www.fastly.com

Leadership

  • Mr. Charles ComptonCEO & Director · b. 1975
  • Mr. Artur BergmanFounder, CTO & Director · b. 1980
  • Mr. Richard H. WongChief Financial Officer · b. 1975
  • Mr. Ronald W. KislingAdvisor · b. 1961
  • Mr. Scott R. LovettPresident of Go to Market · b. 1966
  • Ms. Tara SerackaChief Legal & Administrative Officer
  • Mr. Vernon P. Essi Jr.Head of IR
  • Ms. Joan JenkinsChief Marketing Officer
  • Ms. Tricia YankovichChief People Officer
  • Ms. Kim OgletreeChief Customer Officer

Financials

Income Statement

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue104.90M144.56M200.46M290.87M354.33M432.73M505.99M543.68M624.02M
Growth (%)-+37.81%+38.67%+45.10%+21.82%+22.12%+16.93%+7.45%+14.78%
Cost of Revenue48.67M65.50M88.32M120.01M167.00M222.94M239.66M247.74M267.81M
Gross Profit56.23M79.06M112.14M170.87M187.33M209.78M266.33M295.94M356.20M
Gross Margin53.60%54.69%55.94%58.74%52.87%48.48%52.64%54.43%57.08%
Operating Expense87.26M108.20M158.69M278.08M406.35M455.98M464.36M463.85M474.00M
Operating Income-31.03M-29.14M-46.55M-107.21M-219.02M-246.20M-198.03M-167.91M-117.80M
Operating Margin-29.58%-20.16%-23.22%-36.86%-61.81%-56.90%-39.14%-30.89%-18.88%
EBITDA-21.48M-15.54M-29.27M-80.81M-167.35M-120.48M-57.23M-79.07M-28.64M
EBITDA Margin-20.48%-10.75%-14.60%-27.78%-47.23%-27.84%-11.31%-14.54%-4.59%
Net Income-32.45M-30.93M-51.55M-95.93M-222.70M-190.77M-133.09M-158.06M-121.68M
Net Income Margin-30.93%-21.40%-25.72%-32.98%-62.85%-44.09%-26.30%-29.07%-19.50%
R&D28.99M34.62M46.49M74.81M126.86M155.31M152.19M137.98M162.66M
R&D as % of Total Revenue27.63%23.95%23.19%25.72%35.80%35.89%30.08%25.38%26.07%
Interest Expense1.12M1.81M5.24M1.55M5.25M5.89M4.05M2.75M12.70M
Interest Expense % of Total Revenue1.06%1.25%2.61%0.53%1.48%1.36%0.80%0.51%2.04%

Balance Sheet

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets116.17M162.75M320.97M1.22B2.16B1.90B1.53B1.45B1.50B
Total Liabilities223.18M294.68M63.32M158.09M1.15B940.96M545.70M486.11M569.90M
Total Equity-107.01M-131.93M257.65M1.06B1.01B955.16M979.49M965.25M929.58M
Cash31.31M36.96M16.14M62.90M166.07M143.39M107.92M286.18M180.56M
Total Debt24.91M50.81M29.63M90.53M1.05B833.54M433.32M404.66M430.19M
Net Debt-6.40M13.85M13.49M27.63M885.94M690.15M325.40M118.48M249.62M

Cash Flow

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-25.86M-16.98M-31.30M-19.92M-38.48M-69.63M362.00K16.41M94.44M
Investing Cash Flow-15.78M-47.02M-87.68M-275.02M-794.51M235.75M294.94M178.90M-213.03M
Financing Cash Flow55.41M69.64M168.15M272.74M936.55M-189.15M-331.38M-17.10M12.76M
Capital Expenditure13.25M19.66M20.10M37.51M50.39M80.32M32.27M37.21M28.69M
Free Cash Flow-39.11M-36.64M-51.40M-57.43M-88.87M-149.95M-31.91M-20.81M65.75M
Dividends Paid00-------
FCF to OCF151.23%215.73%164.21%288.35%230.94%215.35%-8813.81%-126.83%69.62%
Dividend Paid to FCF0.00%0.00%-------

Earnings

Report DateMay 17, 2019Aug 8, 2019Nov 8, 2019Feb 20, 2020May 6, 2020Aug 5, 2020Oct 28, 2020Feb 17, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Feb 16, 2022May 4, 2022Aug 3, 2022Nov 2, 2022Feb 15, 2023May 3, 2023Aug 2, 2023Nov 1, 2023Feb 14, 2024May 1, 2024Aug 7, 2024Nov 6, 2024Feb 12, 2025May 7, 2025Aug 6, 2025Nov 5, 2025Feb 11, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate-0.08-0.13-0.13-0.11-0.12-0.01-0.01-0.10-0.11-0.18-0.18-0.16-0.14-0.17-0.17-0.13-0.10-0.10-0.08-0.02-0.06-0.08-0.06-0.00-0.06-0.05-0.170.060.09-0.14-0.08
EPS Actual-0.06-0.11-0.09-0.10-0.060.02-0.04-0.09-0.12-0.15-0.11-0.10-0.15-0.23-0.14-0.08-0.09-0.04-0.060.01-0.05-0.070.02-0.03-0.05-0.03-0.150.120.13-0.07-0.04
Surprise25.00%15.38%30.77%9.09%50.00%300.00%-300.00%10.00%-9.09%16.67%38.89%37.50%-7.14%-35.29%17.65%38.46%10.00%60.00%25.00%150.00%16.67%12.50%133.33%-614.29%16.67%40.00%11.76%100.00%44.44%50.00%50.00%
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.35B
Enterprise Value3.42B
Trailing P/E0.00
Forward P/E29.24
PEG Ratio0.18
Price / Sales4.88
Price / Book3.39
EPS-0.53
Book Value6.23
Revenue (TTM)687.17M
Gross Profit (TTM)422.42M
EBITDA-38.51M
Profit Margin-11.80%
Operating Margin-7.87%
Return on Equity-8.39%
Return on Assets-3.46%
Shares Outstanding159.30M
Shares Float149.54M
Beta0.19
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 12 analystsTarget 28.55
  • Strong Buy
    5
  • Buy
    1
  • Hold
    5
  • Sell
    1

Ownership Breakdown

Institutions
95.63%
Insiders
4.53%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    15.22M9.56%
  • FMR Inc
    11.89M7.47%
  • Vanguard Portfolio Management, LLC
    9.81M6.16%
  • Capital World Investors
    8.23M5.17%
  • First Trust Advisors L.P.
    7.68M4.82%
  • D. E. Shaw & Co LP
    6.62M4.15%
  • Vanguard Capital Management, LLC
    6.31M3.96%
  • Two Sigma Investments LLC
    6.06M3.81%
  • Penserra Capital Management, LLC
    4.62M2.90%
  • Legal & General Group PLC
    4.37M2.74%
  • Geode Capital Management, LLC
    3.91M2.45%
  • State Street Corp
    3.54M2.22%

Top Fund Holders

  • American Funds SMALLCAP World A
    8.44M5.30%
  • L&G Cyber Security ETF
    8.11M5.09%
  • Amplify Cybersecurity ETF
    4.82M3.03%
  • Vanguard MStar Total Stk Mkt Idx Invest
    4.48M2.81%
  • Fidelity Select Software & IT Svcs Port
    3.97M2.49%
  • iShares Russell 2000 ETF
    3.90M2.45%
  • First Trust NASDAQ Cybersecurity ETF
    3.67M2.31%
  • Vanguard Information Technology ETF
    3.47M2.18%