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Fastly, Inc. Q3 FY25 Results

FSLYQ3 FY25 Results
Filing
MetricValue ($ M)Q2 FY25Q3 FY24
Revenue158.226.4%15.3%
Total Income158.226.4%15.3%
Expenditure187.010.7%5.2%
PBT-28.9221.8%23.0%
Net Profit-29.4821.5%22.5%
OPM-18.20%6.65pp11.39pp
NPM-18.63%6.61pp9.07pp
EPS-0.2023.1%25.9%
View full financials

Fastly Announces Record Third Quarter 2025 Financial Results

04 May 2026 · 4 May, 7:58 am

Summary

Fastly, Inc. announced record third-quarter 2025 financial results, with total revenue reaching $158.2 million, a 15% increase year-over-year. Security revenue experienced substantial growth, increasing by 30% to $34.0 million. The company generated $28.9 million in operating cash flow and $18.1 million in positive free cash flow, marking a significant improvement from the previous year. Looking ahead, Fastly anticipates total revenue between $610.0 and $614.0 million for the full year 2025.

Key Highlights

  1. 1

    Fastly's total revenue for Q3 2025 was $158.2 million, representing a 15% year-over-year growth.

  2. 2

    Security revenue increased by 30% year-over-year, reaching $34.0 million.

  3. 3

    The company generated $28.9 million in operating cash flow, compared to $5.0 million in Q3 2024.

  4. 4

    Positive free cash flow was $18.1 million, a significant increase from the negative $7.1 million in Q3 2024.

  5. 5

    GAAP gross margin improved to 58.4% compared to 54.5% in the third quarter of 2024.

  6. 6

    Enterprise customer count increased to 627 in Q3 2025, up from 576 in Q3 2024.

  7. 7

    Remaining Performance Obligations (RPO) rose to $268 million, a 16% increase from $231 million in the third quarter of 2024.

Management Comments

K

Kip Compton

“We delivered record revenue, operating profit and free cash flow this quarter, delivering on the objective I set out for the team of accelerating growth and achieving operating leverage. The pace of feature roll-outs to our platform has improved dramatically over the last year and we’re winning business with some of the most sought after customers worldwide. Our Security revenue growth of 30% year-over-year is a result of this momentum combined with our strong go-to-market cross-sell execution.”

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