2020 Q3 Form 10-Q Financial Statement

#000151741320000263 Filed on November 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q4 2019 Q3
Revenue $70.64M $58.94M $49.80M
YoY Change 41.85% 44.46% 35.24%
Cost Of Revenue $29.29M $25.53M $22.29M
YoY Change 31.4% 44.16% 33.4%
Gross Profit $41.35M $33.41M $27.51M
YoY Change 50.32% 44.69% 36.78%
Gross Profit Margin 58.53% 56.68% 55.23%
Selling, General & Admin $46.53M $34.49M $28.14M
YoY Change 65.33% 65.5% 51.34%
% of Gross Profit 112.54% 103.23% 102.32%
Research & Development $18.27M $12.95M $12.12M
YoY Change 50.74% 39.1% 31.28%
% of Gross Profit 44.19% 38.76% 44.07%
Depreciation & Amortization $4.900M $4.860M $4.000M
YoY Change 22.5% 32.07% 17.65%
% of Gross Profit 11.85% 14.55% 14.54%
Operating Expenses $64.80M $47.44M $40.26M
YoY Change 60.94% 57.35% 44.68%
Operating Profit -$23.45M -$14.03M -$12.76M
YoY Change 83.82% 98.73% 65.27%
Interest Expense $410.0K $470.0K $621.0K
YoY Change -33.98% -304.35% 29.65%
% of Operating Profit
Other Income/Expense, Net $69.00K -$200.0K $109.0K
YoY Change -36.7% -1100.0% -120.57%
Pretax Income -$23.44M -$13.76M -$12.12M
YoY Change 93.46% 89.27% 43.63%
Income Tax $300.0K $310.0K $46.00K
% Of Pretax Income
Net Earnings -$23.78M -$14.07M -$12.16M
YoY Change 95.49% 92.48% 43.31%
Net Earnings / Revenue -33.66% -23.87% -24.43%
Basic Earnings Per Share -$0.22
Diluted Earnings Per Share -$0.22 -$149.1K -$130.4K
COMMON SHARES
Basic Shares Outstanding 105.9M shares
Diluted Shares Outstanding 105.9M shares

Balance Sheet

Concept 2020 Q3 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $402.3M $131.1M $207.8M
YoY Change 93.58% 56.75%
Cash & Equivalents $310.0M $16.14M $54.71M
Short-Term Investments $92.30M $115.0M $153.1M
Other Short-Term Assets $84.90M $81.10M $14.20M
YoY Change 497.89%
Inventory
Prepaid Expenses
Receivables $42.59M $37.14M $33.91M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $529.7M $249.3M $255.9M
YoY Change 106.98% 112.61%
LONG-TERM ASSETS
Property, Plant & Equipment $83.50M $60.04M $56.64M
YoY Change 47.42% 41.75%
Goodwill $362.0K $372.0K $348.0K
YoY Change 4.02% 3.33%
Intangibles $2.792M $1.125M $1.161M
YoY Change 140.48% 84.43%
Long-Term Investments
YoY Change
Other Assets $15.15M $10.11M $13.24M
YoY Change 14.41% 367.5%
Total Long-Term Assets $101.8M $71.65M $71.39M
YoY Change 42.6% 57.51%
TOTAL ASSETS
Total Short-Term Assets $529.7M $249.3M $255.9M
Total Long-Term Assets $101.8M $71.65M $71.39M
Total Assets $631.5M $321.0M $327.3M
YoY Change 92.94% 97.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.27M $4.602M $6.796M
YoY Change 80.59% 97.26%
Accrued Expenses $38.56M $19.88M $23.47M
YoY Change 64.33% 27.96%
Deferred Revenue $42.00K $317.0K
YoY Change -80.46%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.060M $4.472M $13.51M
YoY Change -55.13% -60.67%
Total Short-Term Liabilities $66.45M $37.12M $45.38M
YoY Change 46.43% 16.92%
LONG-TERM LIABILITIES
Long-Term Debt $26.01M $20.08M $15.55M
YoY Change 67.3% -49.08%
Other Long-Term Liabilities $3.944M $1.038M $6.983M
YoY Change -43.52% 60.43%
Total Long-Term Liabilities $29.95M $21.12M $22.53M
YoY Change 32.95% -47.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $66.45M $37.12M $45.38M
Total Long-Term Liabilities $29.95M $21.12M $22.53M
Total Liabilities $96.40M $63.32M $67.91M
YoY Change 41.96% -15.69%
SHAREHOLDERS EQUITY
Retained Earnings -$242.2M -$192.0M -$177.9M
YoY Change 36.14% 31.35%
Common Stock $2.000K $2.000K $2.000K
YoY Change 0.0% 100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $2.109M
YoY Change -100.0%
Treasury Stock Shares
Shareholders Equity $534.9M $257.7M $259.4M
YoY Change
Total Liabilities & Shareholders Equity $631.5M $321.0M $327.3M
YoY Change 92.94% 97.21%

Cashflow Statement

Concept 2020 Q3 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income -$23.78M -$14.07M -$12.16M
YoY Change 95.49% 92.48% 43.31%
Depreciation, Depletion And Amortization $4.900M $4.860M $4.000M
YoY Change 22.5% 32.07% 17.65%
Cash From Operating Activities $27.20M -$3.060M -$12.59M
YoY Change -316.04% 287.34% 247.79%
INVESTING ACTIVITIES
Capital Expenditures -$13.80M -$5.850M -$4.380M
YoY Change 215.07% -20.19% 75.2%
Acquisitions
YoY Change
Other Investing Activities $34.04M $38.32M -$120.9M
YoY Change -128.16% -2779.72% 243.38%
Cash From Investing Activities $20.24M $32.48M -$125.3M
YoY Change -116.16% -470.78% 232.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.190M 1.930M -20.91M
YoY Change -124.82% -92.37% -1918.26%
NET CHANGE
Cash From Operating Activities 27.20M -3.060M -12.59M
Cash From Investing Activities 20.24M 32.48M -125.3M
Cash From Financing Activities 5.190M 1.930M -20.91M
Net Change In Cash 52.63M 31.35M -158.8M
YoY Change -133.15% 98.92% 295.25%
FREE CASH FLOW
Cash From Operating Activities $27.20M -$3.060M -$12.59M
Capital Expenditures -$13.80M -$5.850M -$4.380M
Free Cash Flow $41.00M $2.790M -$8.210M
YoY Change -599.39% -57.34% 633.04%

Facts In Submission

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12953000 USD
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StockIssuedDuringPeriodValueVestingOfEarlyExercisedStockOptions
401000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
4247000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
35990000 USD
us-gaap Net Income Loss
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-50228000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-72000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
-131927000 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
219584000 USD
fsly Adjustments To Additional Paid In Capital Conversion Of Preferred Stock Warrants
AdjustmentsToAdditionalPaidInCapitalConversionOfPreferredStockWarrants
5665000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
186912000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2828000 USD
fsly Stock Issued During Period Value Vesting Of Early Exercised Stock Options
StockIssuedDuringPeriodValueVestingOfEarlyExercisedStockOptions
465000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7550000 USD
fsly Stockholders Equity Note Repayment
StockholdersEquityNoteRepayment
74000 USD
us-gaap Net Income Loss
NetIncomeLoss
-37477000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
14000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
259415000 USD
us-gaap Net Income Loss
NetIncomeLoss
-50228000 USD
us-gaap Net Income Loss
NetIncomeLoss
-37477000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14411000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11693000 USD
fsly Amortization Of Deferred Rent
AmortizationOfDeferredRent
2941000 USD
fsly Amortization Of Deferred Rent
AmortizationOfDeferredRent
5181000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
58000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1884000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
2375000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1690000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
34752000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
7550000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1212000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
344000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
2404000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-207000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
502000 USD
fsly Interest Paidon Capital Lease
InterestPaidonCapitalLease
454000 USD
fsly Interest Paidon Capital Lease
InterestPaidonCapitalLease
269000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
133000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-43000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6669000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9520000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3778000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5811000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7410000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
6468000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
7046000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4579000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
17224000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-2703000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-321000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-861000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
11233000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-28243000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
204361000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
177525000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
143241000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
3578000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
83718000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
68044000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
150000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24443000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10400000 USD
us-gaap Payments For Software
PaymentsForSoftware
4082000 USD
us-gaap Payments For Software
PaymentsForSoftware
3218000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1811000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
636000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7588000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-120157000 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
192510000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
274896000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
27488000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
3060000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
905000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
6206000 USD
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
3131000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
12953000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2828000 USD
fsly Proceeds From Stock Options Exercised Early
ProceedsFromStockOptionsExercisedEarly
0 USD
fsly Proceeds From Stock Options Exercised Early
ProceedsFromStockOptionsExercisedEarly
520000 USD
fsly Proceeds From Repayment Of Stockholders Note
ProceedsFromRepaymentOfStockholdersNote
0 USD
fsly Proceeds From Repayment Of Stockholders Note
ProceedsFromRepaymentOfStockholdersNote
74000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
290320000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
166218000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-139000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
293826000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
17830000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
86229000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36963000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
380055000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54793000 USD
us-gaap Interest Paid Net
InterestPaidNet
758000 USD
us-gaap Interest Paid Net
InterestPaidNet
4931000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1000000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
13000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
9613000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7702000 USD
fsly Vestingof Early Exercised Stock Options
VestingofEarlyExercisedStockOptions
401000 USD
fsly Vestingof Early Exercised Stock Options
VestingofEarlyExercisedStockOptions
465000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
5439000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
4750000 USD
fsly Change In Other Assets From Change In Accounting Principle
ChangeInOtherAssetsFromChangeInAccountingPrinciple
0 USD
fsly Change In Other Assets From Change In Accounting Principle
ChangeInOtherAssetsFromChangeInAccountingPrinciple
5727000 USD
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 USD
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
5665000 USD
fsly Cashless Exercise Of Common Stock Warrants
CashlessExerciseOfCommonStockWarrants
1557000 USD
fsly Cashless Exercise Of Common Stock Warrants
CashlessExerciseOfCommonStockWarrants
1036000 USD
fsly Initial Public Offering Costs Incurred But Not Yet Paid
InitialPublicOfferingCostsIncurredButNotYetPaid
0 USD
fsly Initial Public Offering Costs Incurred But Not Yet Paid
InitialPublicOfferingCostsIncurredButNotYetPaid
1148000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1238000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
309968000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
54706000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
70087000 USD
CY2019Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
87000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
380055000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54793000 USD
us-gaap Nature Of Operations
NatureOfOperations
Nature of Business<div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Fastly, Inc. has built an edge cloud platform that can process, serve, and secure its customer’s applications as close to their end users as possible. As of September 30, 2020, our edge network spans 72 Points-of-Presence ("POPs") across 55 markets around the world. We were incorporated in Delaware in 2011 and are headquartered in San Francisco, California.</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As used herein, "Fastly," "we," "our," "the Company," and similar terms include Fastly, Inc. and its subsidiaries, unless the context indicates otherwise.</span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Stock Split</span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    On May 3, 2019, we implemented a 1-for-2 reverse stock split of our stock. All shares of common stock, stock-based instruments, and per-share data included in these financial statements give effect to the stock split and the changes in authorized shares have been adjusted retroactively for all periods presented.</span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Initial Public Offering ("IPO")</span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">    On May 21, 2019, we completed an IPO in which we sold 12,937,500 shares of our newly authorized Class A common stock, which included 1,687,500 shares sold pursuant to the exercise by the underwriters of an option to purchase additional shares, at the public offering price of $16.00 per share. We received net proceeds of $192.5 million, after deducting underwriting discounts and commissions, from sales of our shares in the IPO. The net proceeds include additional proceeds of $25.1 million, net of underwriters' discounts and commissions, from the exercise of the underwriters' option to purchase an additional 1,687,500 shares of our Class A common stock. Prior to the closing of the IPO, all shares of common stock then outstanding were reclassified as Class B common stock. </span></div><div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Immediately upon the closing of the IPO, all shares of convertible preferred stock then outstanding were converted into 53,630,213 shares of Class B common stock on a one-to-one basis. Prior to the IPO, we had seven outstanding series of convertible preferred stock each with a par value of $0.00002 per share, convertible at the option of the holder, that was classified as temporary equity on our consolidated balance sheet. On May 17, 2019, immediately upon closing of the IPO, our convertible preferred stock was automatically converted to shares of our Class B common stock. As of both September 30, 2020 and December 31, 2019, we had no convertible preferred stock issued or outstanding. </span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Follow-on Public Offering </span></div><div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On May 26, 2020, we completed a follow-on public offering in which we sold 6,900,000 shares of Class A common stock, which included 900,000 shares sold pursuant to the exercise by the underwriters of an option to purchase additional shares, at the public offering price of $41.50 per share. We received net proceeds of $274.9 million, after deducting underwriting discounts and commissions, from sales of our shares in the public offering.</span></div><div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Acquisition of Signal Sciences</span></div><div style="margin-bottom:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On August 27, 2020, we entered into an Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) to acquire Signal Sciences. The acquisition closed on October 1, 2020 and as a result of the acquisition, Signal Sciences became a wholly owned subsidiary of Fastly, Inc. Please refer to Note 14 — Subsequent Events for details on the subsequent closing of the merger on October 1, 2020.</span></div>
CY2020Q3 fsly Pointsof Presence
PointsofPresence
72 location
CY2020Q3 fsly Operating Markets
OperatingMarkets
55 market
CY2019Q2 fsly Convertible Preferred Stock Number Of Series
ConvertiblePreferredStockNumberOfSeries
7 series_of_stock
CY2019Q2 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.00002
CY2020Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2019Q4 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
0 shares
CY2020Q3 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
0 shares
CY2019Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
0 shares
us-gaap Basis Of Accounting
BasisOfAccounting
<div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Basis of Presentation</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The interim unaudited condensed consolidated financial statements and accompanying notes have been prepared in accordance with United States generally accepted accounting principles ("U.S. GAAP") along with instructions to Form 10-Q and Article 10 of Securities and Exchange Commission ("SEC") Regulation S-X. </span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Certain changes in presentation have been made to conform the prior period presentation to the current period reporting. We have made certain presentation changes to distinguish and disclose as a separate line item, the non-cash amortization </span></div>expense of our deferred contract costs balance from other assets within operating cash flows in the Condensed Consolidated Statements of Cash Flows.
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of our condensed consolidated financial statements requires us to make estimates, judgments, and assumptions that affect the reported amounts of assets, liabilities, revenue, costs and expenses, and related disclosures. Actual results and outcomes could differ significantly from our estimates, judgments, and assumptions. Significant estimates, judgments, and assumptions used in these financial statements include, but are not limited to, those related to revenue, accounts receivable and related reserves, useful lives and realizability of long-lived assets, income tax reserves, and accounting for stock-based compensation. Estimates are periodically reviewed in light of changes in circumstances, facts, and experience. The effects of material revisions in estimates are reflected in the condensed consolidated financial statements in the period of change and prospectively from the date of the change in estimate. </span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The ongoing global COVID-19 pandemic has impacted many operational aspects of our business and may continue to do so in the future. We assessed the impact that COVID-19 had on our results of operations, including, but not limited to an assessment of our allowance for doubtful accounts, the carrying value of short-term and long-term investments, the carrying value of goodwill and other long-lived assets, and the impact to revenue recognition and cost of revenues. While the COVID-19 pandemic has not had a material adverse impact on our financial operations to date, the future impacts of the pandemic and any resulting economic impact are largely unknown and rapidly evolving. We will continue to actively monitor the impact that COVID-19 has on the results of our business operations, and may make decisions required by federal, state or local authorities, or that are determined to be in the best interests of our employees, customers, partners, suppliers and stockholders. As a result, our estimates and judgments may change materially as new events occur or additional information becomes available to us.</span></div>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Credit Risk</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments that potentially subject us to significant concentration of credit risk consist primarily of cash, cash equivalents, marketable securities, and accounts receivable. The primary focus of our investment strategy is to preserve capital and meet liquidity requirements. Our investment policy addresses the level of credit exposure by limiting the concentration in any one corporate issuer or sector and establishing a minimum allowable credit rating. To manage the risk exposure, we invest cash equivalents and marketable securities in a variety of fixed income securities, including government and investment-grade debt securities and money market funds. We place our cash primarily in checking and money market accounts with reputable financial institutions. Deposits held with these financial institutions may exceed the amount of insurance provided on such deposits, if any.</span></div><div style="margin-bottom:12pt;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Concentrations of credit risk with respect to accounts receivable are primarily limited to certain customers to which we make substantial sales. Our customer base consists of a large number of geographically dispersed customers diversified across several industries. To reduce risk, we routinely assess the financial strength of our customers. Based on such assessments, we believe that our accounts receivable credit risk exposure is limited. </span></div>No customer accounted for more than 10% of revenue for both the three months ended September 30, 2020 and September 30, 2019. One customer accounted for 11% of revenue for the nine months ended September 30, 2020. No customer accounted for more than 10% of revenue for the nine months ended September 30, 2019. No customer accounted for more than 10% of the total accounts receivable balance as of September 30, 2020 and December 31, 2019.
CY2020Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
70638000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
49797000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
208225000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
141526000 USD
CY2020Q3 fsly Enterprise Customer Threshold
EnterpriseCustomerThreshold
100000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
70638000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
49797000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
208225000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
141526000 USD
us-gaap Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
Payment terms on invoiced amounts are typically 15 to 45 days.
CY2020Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
403000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
271000 USD
CY2020Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
42000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
317000 USD
CY2020Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
37000 USD
CY2019Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
518000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
310000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
1517000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
100000000.0 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
70700000 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.80
CY2020Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2020Q3 us-gaap Capitalized Contract Cost Amortization Period
CapitalizedContractCostAmortizationPeriod
P5Y
CY2020Q3 us-gaap Capitalized Contract Cost Net Noncurrent
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11693000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net Noncurrent
CapitalizedContractCostNetNoncurrent
6804000 USD
CY2020Q3 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
900000 USD
CY2019Q3 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
600000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
2400000 USD
us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1700000 USD
CY2019Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
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0 security
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309968000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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16142000 USD
CY2020Q3 us-gaap Short Term Investments
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92302000 USD
CY2019Q4 us-gaap Short Term Investments
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114967000 USD
CY2020Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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92065000 USD
CY2020Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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237000 USD
CY2020Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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0 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Securities
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92302000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
114870000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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98000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
1000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
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114967000 USD
CY2020Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Number Of Positions
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0 security
CY2020Q3 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
36234000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Securities Current
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92302000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
70087000 USD
CY2020Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
198623000 USD
CY2019Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
4519000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities Current
AvailableForSaleSecuritiesDebtSecuritiesCurrent
114967000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
70087000 USD
CY2019Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
189573000 USD
CY2020Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
144982000 USD
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108276000 USD
CY2020Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
61484000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
48239000 USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
83498000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
60037000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
4900000 USD
CY2019Q3 us-gaap Depreciation
Depreciation
4000000.0 USD
us-gaap Depreciation
Depreciation
14300000 USD
us-gaap Depreciation
Depreciation
11600000 USD
CY2020Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
21362000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
8734000 USD
CY2020Q3 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
5324000 USD
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3938000 USD
CY2020Q3 fsly Accrued Acquisition Related Costs
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4436000 USD
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AccruedAcquisitionRelatedCosts
0 USD
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3886000 USD
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3237000 USD
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3551000 USD
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OtherAccruedLiabilitiesCurrent
3969000 USD
CY2020Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
38559000 USD
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AccruedLiabilitiesCurrent
19878000 USD
CY2020Q3 fsly Liability For Early Exercised Stock Options Current
LiabilityForEarlyExercisedStockOptionsCurrent
257000 USD
CY2019Q4 fsly Liability For Early Exercised Stock Options Current
LiabilityForEarlyExercisedStockOptionsCurrent
467000 USD
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
42000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
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317000 USD
CY2020Q3 fsly Accrued Computer And Networking Equipment
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8977000 USD
CY2019Q4 fsly Accrued Computer And Networking Equipment
AccruedComputerAndNetworkingEquipment
7060000 USD
CY2020Q3 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
279000 USD
CY2019Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
325000 USD
CY2020Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
9555000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
8169000 USD
CY2020Q3 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
3731000 USD
CY2019Q4 us-gaap Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
634000 USD
CY2020Q3 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
213000 USD
CY2019Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
404000 USD
CY2020Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3944000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1038000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
372000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-10000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
362000 USD
CY2020Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
3298000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
506000 USD
CY2020Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2792000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
1487000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
362000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1125000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
72000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
298000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
302000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
302000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
292000 USD
CY2020Q3 fsly Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
1158000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2424000 USD
CY2019Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 USD
CY2020Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
20139000 USD
CY2019Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
20081000 USD
CY2020Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
11928000 USD
CY2020Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
11900000 USD
CY2019Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
9500000 USD
CY2020Q3 us-gaap Line Of Credit
LineOfCredit
20300000 USD
CY2019Q4 us-gaap Line Of Credit
LineOfCredit
20300000 USD
CY2020Q3 us-gaap Line Of Credit
LineOfCredit
20300000 USD
CY2019Q4 us-gaap Line Of Credit
LineOfCredit
20300000 USD
CY2020Q3 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
161000 USD
CY2019Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
219000 USD
CY2020Q3 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
0 USD
CY2019Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
0 USD
CY2019Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
9549000 USD
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CapitalLeaseObligationsCurrent
6060000 USD
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CapitalLeaseObligationsCurrent
4472000 USD
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CapitalLeaseObligationsNoncurrent
5868000 USD
CY2019Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
5077000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
26007000 USD
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LongTermDebtNoncurrent
25158000 USD
CY2020Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1872000 USD
CY2020Q3 fsly Long Term Debt And Capital Lease Obligations Maturities Interest Due Remainder Of Fiscal Year
LongTermDebtAndCapitalLeaseObligationsMaturitiesInterestDueRemainderOfFiscalYear
926000 USD
CY2020Q3 fsly Longterm Debtand Capital Lease Obligations Maturities Total Payments Due Remainderof Fiscal Year
LongtermDebtandCapitalLeaseObligationsMaturitiesTotalPaymentsDueRemainderofFiscalYear
2798000 USD
CY2020Q3 us-gaap Long Term Debt And Capital Lease Obligations Repayments Of Principal In Next Twelve Months
LongTermDebtAndCapitalLeaseObligationsRepaymentsOfPrincipalInNextTwelveMonths
6921000 USD
CY2020Q3 fsly Long Term Debt And Capital Lease Obligations Maturities Interest Due In Next Twelve Months
LongTermDebtAndCapitalLeaseObligationsMaturitiesInterestDueInNextTwelveMonths
1350000 USD
CY2020Q3 fsly Long Term Debt And Capital Lease Obligations Maturities Total Payments Due In Next Twelve Months
LongTermDebtAndCapitalLeaseObligationsMaturitiesTotalPaymentsDueInNextTwelveMonths
8271000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
1100000 USD
CY2020Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearTwo
25150000 USD
CY2020Q3 fsly Long Term Debt And Capital Lease Obligations Maturities Interest Due Year Two
LongTermDebtAndCapitalLeaseObligationsMaturitiesInterestDueYearTwo
982000 USD
CY2020Q3 fsly Longterm Debtand Capital Lease Obligations Maturities Total Payments Due Year Two
LongtermDebtandCapitalLeaseObligationsMaturitiesTotalPaymentsDueYearTwo
26132000 USD
CY2020Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearThree
1795000 USD
CY2020Q3 fsly Long Term Debt And Capital Lease Obligations Maturities Interest Due Year Three
LongTermDebtAndCapitalLeaseObligationsMaturitiesInterestDueYearThree
30000 USD
CY2020Q3 fsly Longterm Debtand Capital Lease Obligations Maturities Total Payments Due Year Three
LongtermDebtandCapitalLeaseObligationsMaturitiesTotalPaymentsDueYearThree
1825000 USD
CY2020Q3 us-gaap Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2020Q3 fsly Long Term Debt And Capital Lease Obligations Maturities Interest Due Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesInterestDueYearFour
0 USD
CY2020Q3 fsly Longterm Debtand Capital Lease Obligations Maturities Total Payments Due Year Four
LongtermDebtandCapitalLeaseObligationsMaturitiesTotalPaymentsDueYearFour
0 USD
CY2020Q3 fsly Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalAfterYearFour
0 USD
CY2020Q3 fsly Long Term Debt And Capital Lease Obligations Maturities Interest Due Year After Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesInterestDueYearAfterFour
0 USD
CY2020Q3 fsly Long Term Debt And Capital Lease Obligations Maturities Total Payments Due Year After Four
LongTermDebtAndCapitalLeaseObligationsMaturitiesTotalPaymentsDueYearAfterFour
0 USD
CY2020Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
35738000 USD
CY2020Q3 fsly Long Term Debt And Capital Lease Obligations Interest Due
LongTermDebtAndCapitalLeaseObligationsInterestDue
3288000 USD
CY2020Q3 fsly Longterm Debtand Capital Lease Obligations Maturities Total Payments Due
LongtermDebtandCapitalLeaseObligationsMaturitiesTotalPaymentsDue
39026000 USD
CY2020Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
400000 USD
CY2019Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
600000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
4800000 USD
CY2020Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2000000.0 USD
CY2019Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1800000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
6300000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
4900000 USD
CY2020Q3 us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
300000 USD
CY2019Q3 us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
300000 USD
us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
900000 USD
us-gaap Operating Leases Income Statement Sublease Revenue
OperatingLeasesIncomeStatementSubleaseRevenue
900000 USD
CY2020Q3 us-gaap Purchase Obligation Future Minimum Payments Remainder Of Fiscal Year
PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear
12388000 USD
CY2020Q3 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
35411000 USD
CY2020Q3 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
10548000 USD
CY2020Q3 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
3141000 USD
CY2020Q3 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
523000 USD
CY2020Q3 fsly Purchase Obligation Due After Fourth Year
PurchaseObligationDueAfterFourthYear
816000 USD
CY2020Q3 us-gaap Purchase Obligation
PurchaseObligation
62827000 USD
CY2020Q3 fsly Loss Contingency Pending Claims Number Consolidated
LossContingencyPendingClaimsNumberConsolidated
2 numberOfLawsuits
CY2020Q3 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
1 numberOfLawsuits
CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000.0 shares
CY2019Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00002
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
11269000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.68
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y3M18D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
173471000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
3803000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.36
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
176000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
8.80
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
7290000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.28
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y9M18D
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
644502000 USD
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
4296000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
3.41
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P5Y10M24D
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
387817000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
157900000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
12700000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
6500000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
4400000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.05
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
12400000 USD
CY2020Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
105847 shares
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
199895 shares
CY2020Q3 fsly Amount Withheld In Contributions For Employee Stock Purchase Plan
AmountWithheldInContributionsForEmployeeStockPurchasePlan
2000000.0 USD
fsly Amount Withheld In Contributions For Employee Stock Purchase Plan
AmountWithheldInContributionsForEmployeeStockPurchasePlan
6100000 USD
CY2019Q3 fsly Amount Withheld In Contributions For Employee Stock Purchase Plan
AmountWithheldInContributionsForEmployeeStockPurchasePlan
2300000 USD
fsly Amount Withheld In Contributions For Employee Stock Purchase Plan
AmountWithheldInContributionsForEmployeeStockPurchasePlan
3100000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
12142000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3840000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
34752000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7550000 USD
CY2020Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
600000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1200000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
0 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11928000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
13976000 shares
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
300000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000 USD
CY2020Q3 fsly Accrued Payroll Taxes Cares Act
AccruedPayrollTaxesCARESAct
2700000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
83498000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
60037000 USD

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