OverviewSuggest Edit

Fastly is a company providing an edge cloud platform that enables developers to run, secure, and deliver websites and applications. The platform includes content delivery network, image optimization, video and streaming, cloud security, and load balancing services. The company caters to the digital publishing, online retail, streaming media, SaaS, travel and hospitality, financial services, and online education markets.
TypePublic
Founded2011
HQSan Francisco, CA, US
Websitefastly.com
Employee Ratings4.2
Overall CultureB

Latest Updates

Employees (est.) (Dec 2021)976(-1%)
Job Openings178
Revenue (FY, 2021)$354.3 M(+22%)
Share Price (May 2022)$10.8(+8%)
Cybersecurity ratingAMore
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Key People/Management at Fastly

Joshua Bixby

Joshua Bixby

Chief Executive Officer, Director
Artur Bergman

Artur Bergman

Chief Architect and Executive Chairperson and Chairperson of the Board of Directors
Ron Kisling

Ron Kisling

Chief Financial Officer
Paul Luongo

Paul Luongo

Chief Legal, Trust Officer
Mike Johnson

Mike Johnson

Chief Information Security Officer
Tyler McMullen

Tyler McMullen

Chief Technology Officer
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Fastly Office Locations

Fastly has offices in San Francisco, Denver, New York, Portland and in 2 other locations
San Francisco, CA, US (HQ)
475 Brannan St, San Francisco
Denver, CO, US
1451 Larimer St
New York, NY, US
235 Park Ave S floor 4
Portland, OR, US
Wells Fargo Building, 309 SW 6th Ave #800
Tokyo, JP
Tsao Hibuya 8F, 3-3-13 Shimbashi, Minato-ku
London, GB
Floor 3, 90 Tottenham Court Rd
Show all (6)

Fastly Financials and Metrics

Fastly Revenue

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Fastly's revenue was reported to be $354.33 m in FY, 2021
USD

Revenue (FY, 2021)

354.3m

Gross profit (FY, 2021)

187.3m

Gross profit margin (FY, 2021), %

52.9%

Net income (FY, 2021)

(222.7m)

EBIT (FY, 2021)

(219.0m)

Market capitalization (12-May-2022)

1.3b

Closing stock price (12-May-2022)

10.8

Cash (31-Dec-2021)

166.1m

EV

2.1b
Fastly's current market capitalization is $1.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

144.6m200.5m290.9m354.3m

Revenue growth, %

38%39%45%

Cost of goods sold

65.5m88.3m120.0m167.0m

Gross profit

79.1m112.1m170.9m187.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

45.6m46.2m49.8m62.9m74.7m70.6m84.9m85.0m86.7m

Cost of goods sold

19.7m20.8m22.3m27.3m29.7m29.3m37.5m40.3m41.2m

Gross profit

25.8m25.4m27.5m35.7m45.0m41.3m47.4m44.7m45.5m

Gross profit Margin, %

57%55%55%57%60%59%56%53%52%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

16.1m62.9m166.1m

Accounts Receivable

37.1m50.3m64.6m

Prepaid Expenses

11.0m16.7m32.2m

Current Assets

249.3m261.3m624.6m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

21.4m213.5m54.7m22.5m257.4m310.0m948.8m688.0m282.1m

Accounts Receivable

28.7m28.5m33.9m43.0m58.3m42.6m52.4m56.1m54.2m

Prepaid Expenses

11.2m12.2m14.2m12.1m13.0m14.8m18.4m22.2m22.2m

Current Assets

107.0m286.4m255.9m241.8m525.4m529.7m1.2b1.0b719.9m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

(51.5m)(95.9m)(222.7m)

Depreciation and Amortization

16.6m25.1m50.0m

Accounts Payable

2.4m4.1m146.0k

Cash From Operating Activities

(31.3m)(19.9m)(38.5m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

(9.7m)(25.3m)(37.5m)(12.0m)(26.4m)(50.2m)(50.7m)(109.0m)(165.2m)

Depreciation and Amortization

3.7m7.6m11.7m4.7m9.4m14.4m11.8m24.0m36.6m

Accounts Payable

1.7m3.3m4.6m3.1m1.4m7.0m2.1m162.0k(1.7m)

Cash From Operating Activities

(10.1m)(15.6m)(28.2m)(7.2m)(16.0m)11.2m(10.9m)(27.9m)(30.6m)
USDFY, 2018

Revenue/Employee

350.0k
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Fastly Operating Metrics

Fastly's Customers was reported to be 2.7 k in Q3, 2021. Fastly's Enterprise Customers was reported to be 429 in Q3, 2021.
FY, 2017FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Countries

2325262626262626

Customers

1.44 k1.58 k1.63 k1.68 k1.74 k1.84 k1.95 k2.05 k2.08 k2.21 k2.58 k2.75 k

Enterprise Customers

170227262274288297304313324336408429

Points of Presence

60646668727272
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Fastly Acquisitions / Subsidiaries

Company NameDateDeal Size
Signal SciencesAugust 27, 2020$775 m
CDN SumoApril 17, 2014
Brannan International Limited
Fastly Australia Pty Ltd
Fastly Cloud Iberica S.L.
Fastly GmbH
Fastly India Private Limited
Fastly International Holdings Limited
Fastly International Technology Limited
Fastly Kabushiki Kaisha
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Fastly Revenue Breakdown

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Fastly revenue breakdown by geographic segment: 5.2% from All other countries, 69.7% from United States, 10.6% from Asia Pacific, 9.4% from Europe and 5.2% from All other countries

Fastly Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Fastly Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Fastly Online and Social Media Presence

Embed Graph

Fastly Company Culture

  • Overall Culture

    B

    71/100

  • CEO Rating

    A+

    82/100

  • Compensation

    D+

    60/100

  • Diversity

    C

    69/100

Learn more on Comparably

Fastly News and Updates

Earnings Results: Fastly stock slumps following wider-than-expected loss, announcement of CEO search

Fastly Inc. shares fell in after-hours trading Wednesday following the cloud-software company's posting of a wider-than-expected loss for the quarter, and an announcement that the company was looking for a new chief executive for its next phase of growth.

Fastly is named a Leader in commercial CDN services by IDC MarketScape

We are honored to announce that Fastly has been named a Leader in the IDC MarketScape: Worldwide Commercial CDN Services 2022 Vendor Assessment (doc #US47652821, March 2022).

Fastly Accelerates Edge Adoption with New Compute@Edge Partner Ecosystem

Fastly, Inc. (NYSE: FSLY), the world’s fastest global edge cloud network provider, today announced the launch of its Compute@Edge partner ecosystem, with a roster of powerful integrations designed to help customers build a variety of edge computing use cases that address crucial infrastructure requi…

Fastly to Present at the Morgan Stanley Technology, Media, and Telecom Conference

Fastly, Inc. (NYSE: FSLY), the world’s fastest global edge cloud network provider, today announced that Chief Executive Officer Joshua Bixby is scheduled to participate in a fireside chat at the Morgan Stanley Technology, Media, and Telecom Conference at The Palace Hotel in San Francisco, CA, on Mar…

Raymond James says buy the dip in Fastly, stock can rebound more than 80%

Fastly's sharp decline after its fourth-quarter report was on overreaction, according to a Raymond James analyst.

Fastly Announces Fourth Quarter and Full Year 2021 Financial Results

Fastly, Inc. (NYSE: FSLY), the world’s fastest global edge cloud network provider, today announced financial results for its fourth quarter and full year ended December 31, 2021.
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Fastly Frequently Asked Questions

  • When was Fastly founded?

    Fastly was founded in 2011.

  • Who are Fastly key executives?

    Fastly's key executives are Joshua Bixby, Artur Bergman and Ron Kisling.

  • How many employees does Fastly have?

    Fastly has 976 employees.

  • What is Fastly revenue?

    Latest Fastly annual revenue is $354.3 m.

  • What is Fastly revenue per employee?

    Latest Fastly revenue per employee is $363 k.

  • Who are Fastly competitors?

    Competitors of Fastly include F5, CloudFlare and Imperva.

  • Where is Fastly headquarters?

    Fastly headquarters is located at 475 Brannan St, San Francisco, San Francisco.

  • Where are Fastly offices?

    Fastly has offices in San Francisco, Denver, New York, Portland and in 2 other locations.

  • How many offices does Fastly have?

    Fastly has 6 offices.