FASTLY INC CLASS A (FSLY)
Information Technology · Edge cloud infrastructure and CDN services · NASDAQ
Fastly is an edge cloud platform that secures, accelerates, and delivers digital experiences at global scale while managing AI-driven traffic for enterprises.
What FASTLY INC CLASS A does
Fastly provides an edge cloud platform that enables organizations to deliver digital experiences at the edge of the Internet. The platform converges content delivery network (CDN) capabilities with integrated security, compute, and application delivery functionality including DDoS protection, web application firewalls, API management, and bot detection. The company generates substantially all revenue through usage-based billing from customers' consumption of Network Services, Security, Compute, and Observability products across diverse industries including ecommerce, media, gaming, and financial services.
Themes: ["Edge cloud infrastructure","AI workload optimization","Application security","Content delivery and performance","Agentic AI traffic management"]
Fundamentals
- Price$20.33 as of 2026-07-09 close
- Market cap$3.2B as of 2026-07-10
- 1-year return+186.3% as of 2026-07-09 close
- Net margin-15.8% as of 2026-07-10
- Gross margin+59.4% as of 2026-07-10
- ROE-10.9% as of 2026-07-10
- Debt / equity0.33 as of 2026-07-10
- Revenue growth (YoY)+17.7% as of 2026-07-10
- Beta0.37 as of 2026-07-10
Key risks (from latest filing)
["Revenue concentration risk from large customers and usage-based billing model, where changes in consumption by largest customers can significantly impact revenue","Competitive pressure in edge cloud and CDN markets from established cloud providers and alternative delivery solutions","Current unprofitability with negative net margin of -15.79%, dependent on scaling to profitability while maintaining growth"]
Competitors & peers
- Cloudflare (NET)
- Akamai Technologies (AKAM)
- AWS CloudFront (Amazon Web Services division)
- Google Cloud CDN
- Microsoft Azure CDN
- Limelight Networks
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.