Quarterly ResultAug 5, 2026, 04:18 PM
Fastly Q2 Revenue $183.3M, up 23%; Non-GAAP EPS $0.15
AI Summary
Fastly, Inc. announced strong financial results for the second quarter ended June 30, 2026, with total revenue growing 23% year-over-year to $183.3 million. The company achieved a non-GAAP net income per diluted share of $0.15, a significant improvement from a loss in the prior year. Fastly also reported a record non-GAAP gross margin of 65.8% and an increased LTM net retention rate of 117%. Following these results, Fastly raised its full-year 2026 financial outlook.
Key Highlights
- Total revenue reached $183.3 million, marking a 23% year-over-year increase.
- Non-GAAP gross margin improved to 65.8% from 59.0% in Q2 2025.
- Non-GAAP net income per diluted share was $0.15, compared to a loss of $0.03 in Q2 2025.
- Last 12-month net retention rate (LTM NRR) increased to 117%, up from 113% in Q1 2026.
- Remaining Performance Obligations (RPO) grew 38% year-over-year to $341 million.
- Security revenue surged 43% year-over-year to $41.7 million.
- Fastly raised its full-year 2026 revenue guidance to $732.0 - $746.0 million.
- Announced new research on AI traffic growth and partnerships with LALIGA and Skyfire.
Price Impact
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