2023 Q1 Form 10-K Financial Statement

#000151741323000035 Filed on February 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $117.6M $119.3M $432.7M
YoY Change 14.83% 22.11% 22.12%
Cost Of Revenue $57.31M $56.74M $222.9M
YoY Change 6.3% 18.34% 33.5%
Gross Profit $60.25M $62.58M $209.8M
YoY Change 24.32% 25.74% 11.99%
Gross Profit Margin 51.25% 52.45% 48.48%
Selling, General & Admin $70.10M $73.85M $300.7M
YoY Change -1.32% 5.9% 7.58%
% of Gross Profit 116.34% 118.0% 143.33%
Research & Development $37.43M $37.20M $155.3M
YoY Change -7.43% 6.29% 22.43%
% of Gross Profit 62.12% 59.44% 74.03%
Depreciation & Amortization $12.00M $16.95M $42.60M
YoY Change 21.21% 26.53% 47.92%
% of Gross Profit 19.92% 27.09% 20.31%
Operating Expenses $107.5M $111.0M $456.0M
YoY Change -3.54% 4.34% 12.21%
Operating Profit -$47.28M -$48.46M -$246.2M
YoY Change -24.97% -14.46% 12.41%
Interest Expense $1.213M $1.540M $5.887M
YoY Change -25.22% -247.93% 12.24%
% of Operating Profit
Other Income/Expense, Net -$250.0K $46.00K -$29.00K
YoY Change -10.39% -77.11% -108.15%
Pretax Income -$44.55M -$46.88M -$190.7M
YoY Change -30.63% -18.47% -14.35%
Income Tax $100.0K -$223.0K $100.0K
% Of Pretax Income
Net Earnings -$44.69M -$46.65M -$190.8M
YoY Change -30.46% -18.89% -14.33%
Net Earnings / Revenue -38.01% -39.1% -44.09%
Basic Earnings Per Share -$0.36 -$1.57
Diluted Earnings Per Share -$0.36 -$0.38 -$1.57
COMMON SHARES
Basic Shares Outstanding 125.4M shares 123.0M shares 121.7M shares
Diluted Shares Outstanding 125.4M shares 121.7M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $546.6M $518.0M $518.0M
YoY Change -14.56% -1.87% -1.87%
Cash & Equivalents $348.5M $143.4M $143.4M
Short-Term Investments $198.1M $374.6M $374.6M
Other Short-Term Assets $29.72M $28.93M $28.93M
YoY Change 25.83% -10.03% -10.03%
Inventory
Prepaid Expenses
Receivables $85.34M $89.58M $89.58M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $661.6M $636.5M $636.5M
YoY Change -10.23% 1.89% 1.89%
LONG-TERM ASSETS
Property, Plant & Equipment $179.9M $248.8M $248.8M
YoY Change 3.08% 49.03% 5.17%
Goodwill $670.2M $670.2M
YoY Change 5.12% 5.24%
Intangibles $77.73M $82.90M
YoY Change -20.11% -19.2%
Long-Term Investments $117.5M $165.1M $165.1M
YoY Change -70.21% -68.78% -68.78%
Other Assets $94.80M $92.62M $92.62M
YoY Change 215.78% 214.31% 215.27%
Total Long-Term Assets $1.201B $1.260B $1.260B
YoY Change -14.07% -17.91% -17.91%
TOTAL ASSETS
Total Short-Term Assets $661.6M $636.5M $636.5M
Total Long-Term Assets $1.201B $1.260B $1.260B
Total Assets $1.862B $1.896B $1.896B
YoY Change -12.74% -12.18% -12.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.668M $4.786M $4.786M
YoY Change -43.4% -48.3% -48.3%
Accrued Expenses $42.31M $61.16M $84.19M
YoY Change -15.21% 69.36% 25.72%
Deferred Revenue $24.60M $28.05M
YoY Change -13.55% 6.15%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $24.76M $28.95M $28.95M
YoY Change -7.48% 37.06%
Total Short-Term Liabilities $125.2M $152.3M $152.3M
YoY Change -10.68% 15.51% 15.51%
LONG-TERM LIABILITIES
Long-Term Debt $705.4M $704.7M $720.2M
YoY Change -24.49% -24.48% -24.62%
Other Long-Term Liabilities $6.144M $7.076M $68.42M
YoY Change 178.64% 173.95% 18.58%
Total Long-Term Liabilities $711.5M $711.8M $788.6M
YoY Change -24.01% -23.94% -22.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $125.2M $152.3M $152.3M
Total Long-Term Liabilities $711.5M $711.8M $788.6M
Total Liabilities $903.9M $941.0M $941.0M
YoY Change -21.93% -17.83% -17.83%
SHAREHOLDERS EQUITY
Retained Earnings -$746.4M -$701.7M
YoY Change 29.77% 37.34%
Common Stock $2.000K $2.000K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $958.6M $955.2M $955.2M
YoY Change
Total Liabilities & Shareholders Equity $1.862B $1.896B $1.896B
YoY Change -12.74% -12.18% -12.18%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$44.69M -$46.65M -$190.8M
YoY Change -30.46% -18.89% -14.33%
Depreciation, Depletion And Amortization $12.00M $16.95M $42.60M
YoY Change 21.21% 26.53% 47.92%
Cash From Operating Activities -$8.861M -$12.13M -$69.63M
YoY Change -32.82% 53.36% 80.95%
INVESTING ACTIVITIES
Capital Expenditures $3.494M $23.74M $19.98M
YoY Change 46.38% -452.83% -42.63%
Acquisitions $0.00 $25.90M
YoY Change -100.0% 2115.74%
Other Investing Activities $227.2M $96.34M $316.1M
YoY Change 142.05% -192.69% -142.48%
Cash From Investing Activities $219.5M $72.60M $235.8M
YoY Change 150.37% -165.6% -129.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$5.713M -5.012M -$189.1M
YoY Change -204.79% -292.55% -120.2%
NET CHANGE
Cash From Operating Activities -$8.861M -12.13M -$69.63M
Cash From Investing Activities $219.5M 72.60M $235.8M
Cash From Financing Activities -$5.713M -5.012M -$189.1M
Net Change In Cash $205.1M 55.46M -$23.42M
YoY Change 157.22% -147.82% -122.72%
FREE CASH FLOW
Cash From Operating Activities -$8.861M -$12.13M -$69.63M
Capital Expenditures $3.494M $23.74M $19.98M
Free Cash Flow -$12.36M -$35.87M -$89.61M
YoY Change -20.68% 2942.41% 22.25%

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CY2022 us-gaap Comprehensive Income Net Of Tax
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CY2021 us-gaap Comprehensive Income Net Of Tax
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CY2020 us-gaap Comprehensive Income Net Of Tax
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CY2020 us-gaap Stock Issued During Period Value New Issues
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CY2020 us-gaap Stock Issued During Period Value Acquisitions
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CY2020 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
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CY2020 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2020 fsly Stock Issued During Period Value Vesting Of Early Exercised Stock Options
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CY2020 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised
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CY2021 fsly Stock Issued During Period Value Vesting Of Early Exercised Stock Options
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CY2021 fsly Stock Sold During Period Value Restricted Stock Award
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CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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CY2021Q4 us-gaap Stockholders Equity
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CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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CY2021 us-gaap Net Income Loss
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CY2021 us-gaap Depreciation Nonproduction
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CY2020 us-gaap Depreciation Nonproduction
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CY2021 fsly Amortization Of Intangible Assets Acquired
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CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
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CY2020 us-gaap Amortization Of Financing Costs And Discounts
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CY2022 us-gaap Capitalized Contract Cost Amortization
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8916000 usd
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CY2020 us-gaap Capitalized Contract Cost Amortization
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CY2021 us-gaap Provision For Doubtful Accounts
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CY2020 us-gaap Provision For Doubtful Accounts
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CY2022 us-gaap Finance Lease Interest Payment On Liability
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CY2021 us-gaap Finance Lease Interest Payment On Liability
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CY2020 us-gaap Finance Lease Interest Payment On Liability
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CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
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300000 usd
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2021 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
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CY2020 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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OperatingLeaseImpairmentLoss
2083000 usd
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OperatingLeaseImpairmentLoss
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CY2020 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
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CY2022 fsly Tax Benefit Related To Release Of Valuation Allowance
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CY2021 fsly Tax Benefit Related To Release Of Valuation Allowance
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CY2020 fsly Tax Benefit Related To Release Of Valuation Allowance
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54391000 usd
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CY2021 us-gaap Other Noncash Income Expense
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CY2020 us-gaap Other Noncash Income Expense
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27359000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
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14563000 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable
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9264000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6758000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4777000 usd
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5550000 usd
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35396000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
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10423000 usd
CY2020 us-gaap Increase Decrease In Other Operating Assets
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17162000 usd
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CY2021 us-gaap Increase Decrease In Accounts Payable
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146000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable
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4059000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
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8289000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
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4261000 usd
CY2020 us-gaap Increase Decrease In Accrued Liabilities
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CY2021 fsly Increase Decrease In Operating Lease Liabilities
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CY2020 fsly Increase Decrease In Operating Lease Liabilities
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6828000 usd
CY2021 us-gaap Increase Decrease In Other Operating Liabilities
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CY2020 us-gaap Increase Decrease In Other Operating Liabilities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
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CY2020 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
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CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
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CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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535040000 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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CY2020 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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88719000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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25902000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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1169000 usd
CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2022 fsly Advances For Payments Of Property Plant And Equipment
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42197000 usd
CY2021 fsly Advances For Payments Of Property Plant And Equipment
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CY2020 fsly Advances For Payments Of Property Plant And Equipment
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CY2022 us-gaap Payments To Acquire Property Plant And Equipment
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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492000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
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CY2021 us-gaap Payments For Software
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CY2020 us-gaap Payments For Software
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CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
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CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
2092000 usd
CY2020 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
1811000 usd
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235751000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
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CY2020 us-gaap Proceeds From Issuance Of Common Stock
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CY2020 us-gaap Payments Of Debt Issuance Costs
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CY2022 us-gaap Repayments Of Notes Payable
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CY2021 us-gaap Repayments Of Notes Payable
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CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
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CY2022 us-gaap Finance Lease Principal Payments
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FinanceLeasePrincipalPayments
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CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
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10655000 usd
CY2021 fsly Proceeds From Early Sale Of Restricted Shares
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CY2020 fsly Proceeds From Early Sale Of Restricted Shares
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CY2022 fsly Payments For Early Sale Of Restricted Shares
PaymentsForEarlySaleOfRestrictedShares
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CY2021 fsly Payments For Early Sale Of Restricted Shares
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CY2021 us-gaap Proceeds From Stock Plans
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CY2020 us-gaap Proceeds From Stock Options Exercised
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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166961000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
63880000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
143541000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
166961000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
63880000 usd
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CY2021 us-gaap Interest Paid Net
InterestPaidNet
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CY2020 us-gaap Interest Paid Net
InterestPaidNet
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CY2022 us-gaap Income Taxes Paid Net
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CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
267000 usd
CY2020 us-gaap Income Taxes Paid Net
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1219000 usd
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1492000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
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18275000 usd
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
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3184000 usd
CY2022 fsly Vesting Of Early Exercised Stock Options
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CY2021 fsly Vesting Of Early Exercised Stock Options
VestingOfEarlyExercisedStockOptions
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CY2020 fsly Vesting Of Early Exercised Stock Options
VestingOfEarlyExercisedStockOptions
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CY2022 fsly Cashless Exercise Of Common Stock Warrants
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CY2021 fsly Cashless Exercise Of Common Stock Warrants
CashlessExerciseOfCommonStockWarrants
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CY2020 fsly Cashless Exercise Of Common Stock Warrants
CashlessExerciseOfCommonStockWarrants
1557000 usd
CY2021 fsly Payment For Business Incurred But Not Yet Paid
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CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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4446000 usd
CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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29606000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
32458000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
23827000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
23575000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
31529000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
22541000 usd
CY2022 fsly Noncash Change In Operating Lease Assets And Liabilities
NoncashChangeInOperatingLeaseAssetsAndLiabilities
3126000 usd
CY2021 fsly Noncash Change In Operating Lease Assets And Liabilities
NoncashChangeInOperatingLeaseAssetsAndLiabilities
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CY2020 fsly Noncash Change In Operating Lease Assets And Liabilities
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CY2022 us-gaap Interest Paid Capitalized
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CY2021 us-gaap Interest Paid Capitalized
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CY2020 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
688000 usd
CY2022 fsly Payment For Business Incurred But Not Yet Paid
PaymentForBusinessIncurredButNotYetPaid
8000000 usd
CY2020 fsly Payment For Business Incurred But Not Yet Paid
PaymentForBusinessIncurredButNotYetPaid
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CY2022 fsly Deployments Of Prepaid Capital Equipment
DeploymentsOfPrepaidCapitalEquipment
5184000 usd
CY2021 fsly Deployments Of Prepaid Capital Equipment
DeploymentsOfPrepaidCapitalEquipment
0 usd
CY2020 fsly Deployments Of Prepaid Capital Equipment
DeploymentsOfPrepaidCapitalEquipment
0 usd
CY2022 us-gaap Stock Issued1
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0 usd
CY2021 us-gaap Stock Issued1
StockIssued1
0 usd
CY2020 us-gaap Stock Issued1
StockIssued1
536432000 usd
CY2022 fsly Receivable Related To Shares Of Restricted Stock
ReceivableRelatedToSharesOfRestrictedStock
0 usd
CY2021 fsly Receivable Related To Shares Of Restricted Stock
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CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2020Q4 us-gaap Restricted Cash Current
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CY2021Q4 us-gaap Restricted Cash Equivalents
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CY2020Q4 us-gaap Restricted Cash Equivalents
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022 us-gaap Nature Of Operations
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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 December 31, 2022, the Company's edge network spans across 79 markets around the world. The Company was incorporated in Delaware in 2011 and is 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," "the Company," "its" 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%">Conversion of Dual Class Common Stock Structure</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%">On July 12, 2021, all outstanding shares of Class B common stock automatically converted into the same number of shares of Class A common stock (the "Conversion") pursuant to the terms of the Company's amended and restated certificate of incorporation (the "Certificate"). Upon the Conversion, outstanding options denominated in shares of Class B common stock issued under any of the Company's equity incentive plans remained unchanged, except that such options now represent the right to receive shares of Class A common stock on exercise. In accordance with the Certificate, the shares of Class B common stock that converted to Class A common stock were retired and will not be reissued by the Company.</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="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, the Company completed a follow-on public offering in which 6,900,000 shares of Class A common stock were sold, including 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. The Company received net proceeds of $274.9 million, after deducting underwriting discounts and commissions, from sales of shares in the public offering.</span></div>
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CY2022 us-gaap Use Of Estimates
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<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="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 consolidated financial statements in conformity with GAAP requires management 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 the Company's 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, internal-use software development costs, the incremental borrowing rate related to the Company’s lease liabilities,</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">fair value of assets acquired and liabilities assumed during business combinations, useful lives of acquired intangible assets and property and equipment, fair value of the Company's reporting unit, 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 consolidated financial statements in the period of change and prospectively from the date of the change in estimate.</span></div><div style="text-indent:27pt"><span><br/></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%">Due to the Coronavirus (“COVID-19”) pandemic, there has been uncertainty and disruption in the global economy and financial markets. The Company is not aware of any specific event or circumstance that would require an update to its estimates or judgments or a revision of the carrying value of its assets or liabilities as of December 31, 2022. These estimates may change, as new events occur and additional information is obtained, as well as other factors related to COVID-19 that could result in material impacts to the Company's consolidated financial statements in future reporting periods.</span></div>
CY2022 us-gaap Concentration Risk Credit Risk
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<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 the Company to significant concentrations of credit risk consist primarily of cash, cash equivalents, marketable securities and accounts receivable.</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 Company's cash, cash equivalents, and marketable securities primarily consisted of bank deposits, money market funds, investment-grade commercial paper, corporate notes and bonds, U.S. treasury securities, municipal securities, foreign government and supranational securities and asset-backed securities held at major financial institutions that the Company believes to be of high credit standing. The primary focus of its investment strategy is to preserve capital and meet liquidity requirements. The Company's investment policy limits the amount of credit exposure with any one financial institution or commercial issuer.</span></div>Concentrations of credit risk with respect to accounts receivable are primarily limited to certain customers to which the Company makes substantial sales. The Company's customer base consists of a large number of geographically dispersed customers diversified across several industries
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FinanceLeaseInterestExpense
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2100000 usd
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CY2021 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y1M2D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y4M28D
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y5M8D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y8M26D
CY2021Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y2M23D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y6M3D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0536
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0520
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0568
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0473
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0486
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0512
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
27410000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
30285000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
20799000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
14282000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
18346000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1616000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
17141000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
9820000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2928000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
96444000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
46183000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
10195000 usd
CY2022Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1722000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
86249000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
44461000 usd
CY2022Q4 fsly Lessee Operating Lease Lease Not Yet Commenced Commitment Amount
LesseeOperatingLeaseLeaseNotYetCommencedCommitmentAmount
1900000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
636805000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
635590000 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
33419000 usd
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1169000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-39000 usd
CY2021 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
46000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
670185000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
636805000 usd
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
131084000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
48184000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
82900000 usd
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
129491000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
26895000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
102596000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21700000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
21200000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5300000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
20424000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
19599000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
16976000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
9193000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
9051000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
7657000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
82900000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
54400000 usd
CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
3400000 usd
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
3500000 usd
CY2022Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
517500000 usd
CY2021Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
775600000 usd
CY2022Q4 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
56083000 usd
CY2022Q4 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
13661000 usd
CY2022Q4 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
654000 usd
CY2022Q4 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
166000 usd
CY2022Q4 us-gaap Purchase Obligation Due In Fifth Year
PurchaseObligationDueInFifthYear
77000 usd
CY2022Q4 us-gaap Purchase Obligation Due After Fifth Year
PurchaseObligationDueAfterFifthYear
14000 usd
CY2022Q4 us-gaap Purchase Obligation
PurchaseObligation
70655000 usd
CY2022 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
11100000 usd
CY2022Q4 us-gaap Other Commitment
OtherCommitment
1200000 usd
CY2022Q4 fsly Sales And Excise Tax Payable Current Excluding Normal Activity
SalesAndExciseTaxPayableCurrentExcludingNormalActivity
7600000 usd
CY2021Q4 fsly Sales And Excise Tax Payable Current Excluding Normal Activity
SalesAndExciseTaxPayableCurrentExcludingNormalActivity
7500000 usd
CY2022 fsly Number Of Equity Incentive Plans
NumberOfEquityIncentivePlans
4 plan
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4369000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.07
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y1M6D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
132721000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1778000 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
3.20
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
148000 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
12.10
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2443000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.01
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y8M12D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
7674000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
2360000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
5.76
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P4Y7M6D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
7674000 usd
CY2022Q4 fsly Share Based Compensation Arrangement By Share Based Payment Award Options Unvested Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnvestedExercisableNumber
0 shares
CY2022Q4 fsly Share Based Compensation Arrangement By Share Based Payment Award Options Unvested Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnvestedExercisableWeightedAverageExercisePrice
0
CY2022 fsly Share Based Compensation Arrangement By Share Based Payment Award Options Unvested Exercisable Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnvestedExercisableWeightedAverageRemainingContractualTerm
P0Y
CY2022Q4 fsly Share Based Compensation Arrangement By Share Based Payment Award Options Unvested Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnvestedExercisableAggregateIntrinsicValue
0 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
8900000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
64900000 usd
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
200900000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
5600000 usd
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
6900000 usd
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
10300000 usd
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
86.77
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
1900000 usd
CY2020Q1 fsly Number Of Shares Issued For Each Performance Based Stock Unit
NumberOfSharesIssuedForEachPerformanceBasedStockUnit
1
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
145796000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
140488000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
64433000 usd
CY2022 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
8000000 usd
CY2021 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4400000 usd
CY2020 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
2000000 usd
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
26175000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
19341000 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
12471000 shares
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-196469000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-224159000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-86842000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
5789000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1531000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-20570000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-190680000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-222628000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-107412000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-79000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 usd
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
420000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
173000 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
322000 usd
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1050000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-253000 usd
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-10631000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2319000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 usd
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
94000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
69000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-11480000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.02
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.14
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.30
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.35
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.05
CY2022 fsly Effective Income Tax Rate Reconciliation Acquisition Related Expenses Percent
EffectiveIncomeTaxRateReconciliationAcquisitionRelatedExpensesPercent
0
CY2021 fsly Effective Income Tax Rate Reconciliation Acquisition Related Expenses Percent
EffectiveIncomeTaxRateReconciliationAcquisitionRelatedExpensesPercent
0
CY2020 fsly Effective Income Tax Rate Reconciliation Acquisition Related Expenses Percent
EffectiveIncomeTaxRateReconciliationAcquisitionRelatedExpensesPercent
-0.02
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.09
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.02
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0.30
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Research And Development
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseResearchAndDevelopment
0.02
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Research And Development
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseResearchAndDevelopment
0.05
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Research And Development
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseResearchAndDevelopment
0
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Restructuring Charges
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseRestructuringCharges
0
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Restructuring Charges
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseRestructuringCharges
0.02
CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Restructuring Charges
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseRestructuringCharges
0
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.11
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
100000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
100000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-11500000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
183306000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
162260000 usd
CY2022Q4 fsly Deferred Tax Asset Lease Liability
DeferredTaxAssetLeaseLiability
23245000 usd
CY2021Q4 fsly Deferred Tax Asset Lease Liability
DeferredTaxAssetLeaseLiability
20415000 usd
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
21383000 usd
CY2021Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
16636000 usd
CY2022Q4 fsly Deferred Tax Assets Capitalized Research And Development Costs
DeferredTaxAssetsCapitalizedResearchAndDevelopmentCosts
21032000 usd
CY2021Q4 fsly Deferred Tax Assets Capitalized Research And Development Costs
DeferredTaxAssetsCapitalizedResearchAndDevelopmentCosts
4558000 usd
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10429000 usd
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6000000 usd
CY2022Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
2811000 usd
CY2021Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
7821000 usd
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DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
4648000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
3149000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
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4179000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
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2761000 usd
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271033000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
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223600000 usd
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21713000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
26493000 usd
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DeferredTaxLiabilitiesLeasingArrangements
18847000 usd
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DeferredTaxLiabilitiesLeasingArrangements
19073000 usd
CY2022Q4 fsly Deferred Tax Liabilities State Taxes
DeferredTaxLiabilitiesStateTaxes
10732000 usd
CY2021Q4 fsly Deferred Tax Liabilities State Taxes
DeferredTaxLiabilitiesStateTaxes
8969000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
11526000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
5073000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
62818000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
59608000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
208215000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
163992000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
0 usd
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
0 usd
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
44200000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7808000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
3186000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
8697000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
3113000 usd
CY2022 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
751000 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
31000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1583000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1540000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
17337000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7808000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
17300000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
7800000 usd
CY2022Q4 fsly Property Plant And Equipment Net And Operating Lease Right Of Use Assets Net
PropertyPlantAndEquipmentNetAndOperatingLeaseRightOfUseAssetsNet
248818000 usd
CY2021Q4 fsly Property Plant And Equipment Net And Operating Lease Right Of Use Assets Net
PropertyPlantAndEquipmentNetAndOperatingLeaseRightOfUseAssetsNet
236592000 usd
CY2022 dei Auditor Name
AuditorName
Deloitte & Touche LLP

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