Financial Snapshot

Revenue
$403.1M
TTM
Gross Margin
54.8%
TTM
Net Earnings
-$125.2M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
421.42%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$965.3M
Q4 2024
Cash
Q4 2024
P/E
-11.13
Nov 29, 2024 EST
Free Cash Flow
-$15.46M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $543.7M $506.0M $432.7M $354.3M $290.9M $200.5M $144.6M $104.9M
YoY Change 7.45% 16.93% 22.12% 21.82% 45.1% 38.67% 37.81%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $543.7M $506.0M $432.7M $354.3M $290.9M $200.5M $144.6M $104.9M
Cost Of Revenue $247.7M $239.7M $222.9M $167.0M $120.0M $88.32M $65.50M $48.67M
Gross Profit $295.9M $266.3M $209.8M $187.3M $170.9M $112.1M $79.06M $56.23M
Gross Profit Margin 54.43% 52.64% 48.48% 52.87% 58.74% 55.94% 54.69% 53.6%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $312.0M $307.9M $300.7M $279.5M $203.3M $112.2M $73.58M $58.27M
YoY Change 1.35% 2.39% 7.58% 37.5% 81.17% 52.47% 26.28%
% of Gross Profit 105.43% 115.59% 143.33% 149.2% 118.96% 100.05% 93.07% 103.63%
Research & Development $138.0M $152.2M $155.3M $126.9M $74.81M $46.49M $34.62M $28.99M
YoY Change -9.34% -2.01% 22.43% 69.57% 60.92% 34.3% 19.42%
% of Gross Profit 46.62% 57.14% 74.03% 67.72% 43.78% 41.46% 43.78% 51.56%
Depreciation & Amortization $54.00M $72.03M $42.60M $28.80M $19.98M $16.55M $13.40M $9.642M
YoY Change -25.03% 69.08% 47.92% 44.15% 20.7% 23.53% 38.98%
% of Gross Profit 18.25% 27.04% 20.31% 15.37% 11.69% 14.76% 16.95% 17.15%
Operating Expenses $463.9M $460.0M $456.0M $406.3M $278.1M $158.7M $108.2M $87.26M
YoY Change 0.83% 0.89% 12.21% 46.13% 75.24% 46.66% 24.0%
Operating Profit -$167.9M -$193.7M -$246.2M -$219.0M -$107.2M -$46.55M -$29.14M -$31.03M
YoY Change -13.32% -21.32% 12.41% 104.29% 130.33% 59.75% -6.1%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Interest Expense $14.14M $5.887M $5.245M $1.549M $5.236M $1.810M $1.116M
YoY Change 140.11% 12.24% 238.61% -70.42% 189.28% 62.19%
% of Operating Profit
Other Income/Expense, Net -$1.028M -$1.832M -$29.00K $356.0K -$279.0K -$2.561M -$741.0K -$539.0K
YoY Change -43.89% 6217.24% -108.15% -227.6% -89.11% 245.61% 37.48%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$155.5M -$133.3M -$190.7M -$222.6M -$107.4M -$51.06M -$20.64M -$23.37M
YoY Change 16.61% -30.09% -14.35% 107.27% 110.37% 147.33% -11.67%
Income Tax $2.600M -$221.0K $100.0K $100.0K -$11.48M $492.0K $185.0K $208.0K
% Of Pretax Income
Net Earnings -$158.1M -$133.1M -$190.8M -$222.7M -$95.93M -$51.55M -$30.94M -$32.45M
YoY Change 18.76% -30.24% -14.33% 132.14% 86.1% 66.64% -4.67%
Net Earnings / Revenue -29.07% -26.3% -44.09% -62.85% -32.98% -25.72% -21.4% -30.93%
Basic Earnings Per Share -$1.14 -$1.03 -$1.57 -$1.92 -$0.93 -$0.75
Diluted Earnings Per Share -$1.14 -$1.03 -$1.57 -$1.92 -$0.93 -$0.75 -$340.7K -$358.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

No data

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $322.7M $518.0M $527.9M $194.2M $131.1M $83.60M $50.20M
YoY Change -37.7% -1.87% 171.81% 48.13% 56.82% 66.53%
Cash & Equivalents $21.17M $143.4M $31.29M $36.60M $2.000M $2.400M $26.40M
Short-Term Investments $280.3M $374.6M $361.8M $136.3M $117.5M $48.70M $20.90M
Other Short-Term Assets $20.46M $28.93M $32.16M $16.80M $81.10M $8.900M $6.700M
YoY Change -29.3% -10.03% 91.43% -79.28% 811.24% 32.84%
Inventory
Prepaid Expenses
Receivables $120.5M $89.58M $64.63M $50.30M $37.10M $24.70M $19.10M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $463.7M $636.5M $624.6M $261.3M $249.3M $117.3M $75.90M
YoY Change -27.15% 1.89% 139.05% 4.81% 112.53% 54.55%
Property, Plant & Equipment $231.8M $248.8M $236.6M $156.0M $60.00M $42.40M $37.00M
YoY Change -6.83% 5.17% 51.66% 160.0% 41.51% 14.59%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $6.088M $165.1M $528.9M
YoY Change -96.31% -68.78%
Other Assets $90.16M $92.62M $29.38M $45.00M $10.10M $2.200M $2.200M
YoY Change -2.66% 215.27% -34.71% 345.54% 359.09% 0.0%
Total Long-Term Assets $1.062B $1.260B $1.534B $958.7M $71.70M $45.50M $40.30M
YoY Change -15.73% -17.91% 60.05% 1237.1% 57.58% 12.9%
Total Assets $1.525B $1.896B $2.159B $1.220B $321.0M $162.8M $116.2M
YoY Change
Accounts Payable $5.611M $4.786M $9.257M $9.200M $4.600M $2.300M $4.100M
YoY Change 17.24% -48.3% 0.62% 100.0% 100.0% -43.9%
Accrued Expenses $83.19M $84.19M $66.97M $51.10M $15.90M $12.50M $9.500M
YoY Change -1.19% 25.72% 31.05% 221.38% 27.2% 31.58%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $15.68M $28.95M $21.13M $11.00M $4.500M $11.40M $1.800M
YoY Change -45.83% 37.06% 92.05% 144.44% -60.53% 533.33%
Total Short-Term Liabilities $147.7M $152.3M $131.9M $94.10M $37.10M $31.80M $18.20M
YoY Change -3.04% 15.51% 40.14% 153.64% 16.67% 74.73%
Long-Term Debt $345.1M $720.2M $955.5M $14.70M $25.20M $39.40M $23.20M
YoY Change -52.08% -24.62% 6399.99% -41.67% -36.04% 69.83%
Other Long-Term Liabilities $52.90M $68.42M $57.70M $49.30M $1.000M $3.900M $2.100M
YoY Change -22.68% 18.58% 17.03% 4830.0% -74.36% 85.71%
Total Long-Term Liabilities $398.0M $788.6M $1.013B $64.00M $26.20M $43.30M $25.30M
YoY Change -49.53% -22.16% 1483.12% 144.27% -39.49% 71.15%
Total Liabilities $545.7M $941.0M $1.145B $158.1M $63.30M $75.10M $43.50M
YoY Change -42.01% -17.83% 624.27% 149.76% -15.71% 72.64%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 138.1M shares 128.8M shares 121.7M shares 116.1M shares 103.6M shares 68.35M shares
Diluted Shares Outstanding 138.1M shares 128.8M shares 121.7M shares 116.1M shares 103.6M shares 68.35M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $1.3932 Billion

About Fastly, Inc.

Fastly, Inc. provides real-time content delivery network services. The company is headquartered in San Francisco, California and currently employs 1,207 full-time employees. The company went IPO on 2019-05-17. The firm enables developers to deliver secure Websites and apps. The edge cloud is a category of Infrastructure as a Service (IaaS) that enables developers to build, secure, and deliver digital experiences at the edge of the Internet. Its network services are designed to speed up and optimize the delivery of Web and application traffic while ensuring developers and engineers do not lose visibility or control. The Company’s professional services include network services, managed security service, and response security service. The firm offers three levels of support plans and available technical support add-ons with dedicated technical specialists and account managers that provide extended security expertise.

Industry: Services-Prepackaged Software Peers: BigCommerce Holdings, Inc. Core Scientific, Inc./tx Cyxtera Technologies, Inc. DigitalOcean Holdings, Inc. AGRI-FINTECH HOLDINGS, INC. Edgio, Inc. Rackspace Technology, Inc. Snowflake Inc. SolarWinds Corp Squarespace, Inc.