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Fastly, Inc.
NASDAQ: FSLY Technology IT 🔎 Screen
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$3.7B
Market Cap
P/E
PEG
-11.7%
ROCE
-12.8%
ROE
0.44
D/E
-19.1%
OPM
-30.5%
% from 52W High
95
α RS
🔍 FSLY is showing an earnings-catalyst setup because an ECS of 79.9 last quarter, it matches 2 of 37 tracked screener presets, and RS Rating is 95 (top decile vs market). Net: Broad signal stack, not a recommendation. ? ECS Conviction RS Rating
Sources
ECS 79.9 · Conviction 2/37 · RS Rating 95
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🌏 Global Investor Returns
Currency-adjusted total returns for FSLY including FX impact
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📈 Price History
Ratio Health
Excellent
Good
Average
Poor
By Category
📊 Sector Averages
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.

Key Ratios Snapshot
📈 Growth Pattern
📊 Quick Scorecard
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⭐ Superinvestors Holding FSLY
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Manager Shares Value % of Fund Period
Steve Cohen Point72 Asset Management 3.15M $91.5M 0.12% Mar 2026
Jim Simons Renaissance Technologies LLC 518.4K $15.1M 0.02% Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

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📊 MIXED Fastly Q1 2026 revenue $173M (+20% YoY), security revenue up 47% YoY
Revenue & Profitability
Q1 2026 non-GAAP net profit $22.9M ($0.13 diluted EPS) vs net loss of $6.6M in Q1 2025. Non-GAAP operating income $19.1M, above guidance of $14-$18M. RPO reached $369M (+63% YoY), with current portion $275M (+77% YoY).
Outlook
Management raised full-year 2026 revenue guidance to $710-$725M (15% growth at midpoint). They see continued momentum in security (expected 25-30% growth) and compute driven by AI agentic workloads. Industry demand for edge services remains robust with AI as a tailwind, though supply chain dynamics (memory components) are being monitored.
Growth Drivers
Growth is driven by security portfolio expansion (new products: ContentGuard, DDoS, bot management, API security), compute momentum (+67% YoY), international expansion (Singapore office, Japan partner deal), and go-to-market effectiveness (new CMO, multi-million dollar wins). AI agentic traffic is an emerging growth lever.
Balance Sheet & CapEx
Full-year infrastructure CapEx expected at 10-12% of revenue (~$70-80M), front-loaded in H1 2026. Q1 CapEx was 12% (or 6% normalized). Free cash flow guidance maintained at $40-50M. Server orders placed to mitigate component price increases.
Margins
Q1 non-GAAP gross margin 65.1% (record), up 780 bps YoY (including 190 bps accounting benefit). Q2 guidance: 64% ±50 bps. Operating margin expanded to 11% from -4% a year ago. Incremental operating margin flow-through on TTM basis is 68%, well above long-term target of 25-40%.
Key Risks
Key risks include supply chain constraints (memory components), competitive pricing actions (e.g., Akamai), macro/geopolitical uncertainty, and consumption variability. The company has $330M cash but $7.75% convertible debt due 2028. Management is actively monitoring capacity and demand.
Generated by AI · Q1 2026 results · Not investment advice
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✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter
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📞 Earnings Call Transcripts (5)
Q2 2026 Q2 2026 2026-08-05
Q2 2026 saw record revenue and margins, with security and Compute products driving strong growth. AI-driven traffic and major live events boosted results, while disciplined execution and platform adoption supported profitability. Guidance for 2026 was raised, reflecting continued momentum.
Q1 2026 Q1 2026 2026-05-06
Q1 2026 saw 20% revenue growth to $173M, record gross margins, and strong security and compute momentum. Security revenue rose 47% year-over-year, and full-year guidance was raised, with AI and new products fueling growth.
Q4 2025 Q4 2025 2026-02-11
Record Q4 and full-year results featured 23% revenue growth, record gross margins, and first annual profitability. Security and compute segments saw strong expansion, with AI and cross-sell momentum driving growth. 2026 guidance projects continued outperformance and increased CapEx.
Q3 2025 Q3 2025 2025-11-05
Q3 2025 saw record revenue, gross margin, and free cash flow, with 15% year-over-year revenue growth and strong security segment performance. Full-year guidance was raised for revenue, profitability, and free cash flow, supported by robust cross-sell, upsell, and international expansion.
Q2 2025 Q2 2025 2025-08-06
Q2 revenue grew 12% year-over-year to $148.7 million, with record security revenue and improved margins. 2025 guidance was raised for revenue and profitability, supported by strong customer diversification, product velocity, and disciplined execution.
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Financial Model
Projections are built from each company's audited annual financials (Income Statement, Balance Sheet, Cash Flow) over the last 5 fiscal years. Forward assumptions — revenue growth %, EBITDA margin, D&A (USD millions), interest expense, tax rate, and capex — are AI-generated using historical context and refreshed twice a year: after the December results season and after the September/Q4 results season.

DCF Valuation
Fair Value = Σ(FCFt / (1+WACC)t) + Terminal Value. Terminal Value uses the Gordon Growth Model: FCF5 × (1+g) / (WACC−g). Default WACC: 10% (US risk-free ~4.5%, equity risk premium ~5.5%). Default terminal growth: 3% (long-run US nominal GDP proxy).

CAGR Tracker
Expected 5-year CAGR = (DCF Fair Value / Current Price)1/5 − 1. Assumes fair value is reached in exactly 5 years — a mechanical estimate only.

Data Sources & Limitations
Financial statements sourced from public filings. Prices updated daily. Forward assumptions are AI-generated. All monetary values in USD millions. Non-US ADR companies may have currency conversion inaccuracies. Models are point-in-time and do not update intra-quarter or account for M&A, macro shocks, or extraordinary items.

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