Fastly, Inc. (FSLY) Revenue History
Annual and quarterly revenue from 2017 to 2025
Compound Annual Growth Rate (CAGR)
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FSLY Revenue Growth
Revenue Breakdown (FY 2025)
FSLY's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
FSLY Revenue Analysis (2017–2025)
As of May 8, 2026, Fastly, Inc. (FSLY) generated trailing twelve-month (TTM) revenue of $652.6 million, reflecting strong growth of +19.8% year-over-year. The most recent quarter (Q1 2026) recorded $173.0 million in revenue, up 0.2% sequentially.
Looking at the longer-term picture, FSLY's 5-year compound annual growth rate (CAGR) stands at +16.5%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $624.0 million in 2025, representing a new all-time high.
Revenue diversification analysis shows FSLY's business is primarily driven by Network Services (77%), Security (20%), and Other (3%). With over half of revenue concentrated in Network Services, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including NET (+31.6% YoY), AKAM (+6.2% YoY), and ZS (+23.9% YoY), FSLY has underperformed the peer group in terms of revenue growth. Compare FSLY vs NET →
FSLY Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FSLYCurrent | $653M | +19.8% | +16.5% | -18.9% | |
 NET | $2.2B | +31.6% | +38.1% | -9.4% | |
 AKAM | $4.2B | +6.2% | +5.6% | 14.9% | |
 ZS | $2.7B | +23.9% | +44.0% | -4.8% | |
 PNFP | $2.9B | - | - | 20.4% | |
 CFLT | $1.2B | +21.1% | +37.6% | -32.6% |
FSLY Historical Revenue Data (2017–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $624.0M | +14.8% | $356.2M | 57.1% | $-117,796,000 | -18.9% |
| 2024 | $543.7M | +7.4% | $295.9M | 54.4% | $-167,915,000 | -30.9% |
| 2023 | $506.0M | +16.9% | $266.3M | 52.6% | $-198,028,000 | -39.1% |
| 2022 | $432.7M | +22.1% | $209.8M | 48.5% | $-246,199,000 | -56.9% |
| 2021 | $354.3M | +21.8% | $187.3M | 52.9% | $-219,021,000 | -61.8% |
| 2020 | $290.9M | +45.1% | $170.9M | 58.7% | $-107,212,000 | -36.9% |
| 2019 | $200.5M | +38.7% | $112.1M | 55.9% | $-46,548,000 | -23.2% |
| 2018 | $144.6M | +37.8% | $79.1M | 54.7% | $-29,138,000 | -20.2% |
| 2017 | $104.9M | - | $56.2M | 53.6% | $-31,030,000 | -29.6% |
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Start ComparisonFSLY — Frequently Asked Questions
Quick answers to the most common questions about buying FSLY stock.
Is FSLY's revenue growth accelerating or slowing?
FSLY revenue is accelerating at +19.8% year-over-year, exceeding the 5-year CAGR of +16.5%. TTM revenue reached $653M. Growth momentum has increased versus prior periods.
What is FSLY's long-term revenue growth rate?
Fastly, Inc.'s 5-year revenue CAGR of +16.5% reflects the sustained expansion pattern. Current YoY growth of +19.8% is above this long-term average.
How is FSLY's revenue distributed by segment?
FSLY reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2017-2025 are available for download. Segment mix reveals concentration and diversification trends.