Fastly Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	624.02	543.68	505.99	432.73	354.33
Revenue Growth (YoY)	14.78%	7.45%	16.93%	22.13%	21.82%
Cost of Revenue	267.82	247.74	239.66	222.94	167
Gross Profit	356.2	295.94	266.33	209.78	187.33
Selling, General & Admin	312.13	312.01	307.85	298.67	279.49
Research & Development	162.66	137.98	152.19	155.31	126.86
Operating Expenses	474.79	449.99	460.04	453.98	406.35
Operating Income	-118.59	-154.05	-193.71	-244.2	-219.02
Interest Expense	-12.7	-2.75	-4.05	-5.89	-5.25
Interest & Investment Income	12.29	14.87	18.19	7.04	1.28
Currency Exchange Gain (Loss)	-0.72	-1.03	-1.83	-0.03	0.36
Other Non Operating Income (Expenses)	-	-	-1.3	-	-
EBT Excluding Unusual Items	-119.72	-142.96	-182.71	-243.07	-222.63
Merger & Restructuring Charges	-	-9.72	-	-2	-
Asset Writedown	-0.42	-4.14	-3.02	-	-
Other Unusual Items	0.94	1.37	52.42	54.39	-
Pretax Income	-119.19	-155.45	-133.31	-190.68	-222.63
Income Tax Expense	2.49	2.6	-0.22	0.09	0.07
Net Income	-121.68	-158.06	-133.09	-190.77	-222.7
Net Income to Common	-121.68	-158.06	-133.09	-190.77	-222.7
Shares Outstanding (Basic)	147	138	129	122	116
Shares Outstanding (Diluted)	147	138	129	122	116
Shares Change (YoY)	6.37%	7.25%	5.79%	4.89%	12.07%
EPS (Basic)	-0.83	-1.14	-1.03	-1.57	-1.92
EPS (Diluted)	-0.83	-1.14	-1.03	-1.57	-1.92
Free Cash Flow	65.75	5.29	-10.61	-131.8	-73.3
Free Cash Flow Per Share	0.45	0.04	-0.08	-1.08	-0.63
Gross Margin	57.08%	54.43%	52.63%	48.48%	52.87%
Operating Margin	-19.00%	-28.34%	-38.28%	-56.43%	-61.81%
Profit Margin	-19.50%	-29.07%	-26.30%	-44.09%	-62.85%
Free Cash Flow Margin	10.54%	0.97%	-2.10%	-30.46%	-20.69%
EBITDA	-63.33	-97.42	-135.69	-188.48	-173.58
EBITDA Margin	-10.15%	-17.92%	-26.82%	-43.56%	-48.99%
D&A For EBITDA	55.25	56.64	58.03	55.72	45.44
EBIT	-118.59	-154.05	-193.71	-244.2	-219.02
EBIT Margin	-19.00%	-28.34%	-38.28%	-56.43%	-61.81%
Advertising Expenses	5.1	5.8	4.6	2.5	2.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.