tradmap

FSLY Financials Fastly, Inc.

9 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 16.5% per year over the past 5 years.
  • Operating margin has expanded, at -19.1% in the latest year.

Financial health

  • Total debt ($362M) exceeds cash ($181M); net debt is $181M.
  • Operating income covered interest expense -9.4× in the latest year.
Revenue & net income
-$223M $201M $624M $0 2017 2018 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-63% -2% 59% 0% 2017 2018 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-22% 4% 30% 0% 2017 2018 2019 2020 2021 2022 2023 2024 2025
ROEROA
Free cash flow (CFO − capex)
-$90M -$12M $66M $0 2017 2018 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $467M $933M 2017 2018 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$795M $71M $937M $0 2017 2018 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $624M -$122M 57.1% -19.1% -13.1% -8.1% $66M $362M $181M
2024 $544M -$158M 54.4% -30.9% -16.4% -10.9% $6M $338M $286M
2023 $506M -$133M 52.6% -39.1% -13.6% -8.7% -$11M $344M $108M
2022 $433M -$191M 48.5% -56.9% -20.0% -10.1% -$90M $705M $143M
2021 $354M -$223M 52.9% -61.8% -22.0% -10.3% -$73M $933M $166M
2020 $291M -$96M 58.7% -36.9% -9.0% -7.9% -$49M $0 $63M
2019 $200M -$52M 55.9% -23.2% -20.0% -16.1% -$46M $25M $16M
2018 $145M -$31M 54.7% -20.2% 23.4% -19.0% -$34M $51M $37M
2017 $105M -$32M 53.6% -29.6% 30.3% -$38M $31M

Valuation over time

How the market has priced FSLY against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 4.4 8.8 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is FSLY growing its revenue and profit?

Over the past 5 years, Fastly, Inc.'s revenue has grown 16.5% per year. These are computed facts, not advice.

How much debt does FSLY have?

As of FY2025, Fastly, Inc. reported $362M of total debt against $181M of cash; operating income covered interest expense -9.4×.

What is FSLY's profit margin?

In FY2025, gross margin was 57.1%, operating margin -19.1%, and net margin -19.5%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.