Fastly (NASDAQ: FSLY) is a publicly traded Edge & CDN company founded in 2011 and based in San Francisco, United States.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| May 17, 2019 | IPO | $180M | $1.5B | — |
Fastly delivered record Q2 2026 revenue of $183.3 million, up 23% year-over-year. GAAP gross margin expanded 880 basis points to 63.3%, while the company returned to adjusted profitability with non-GAAP operating income of $27.0 million, compared to an adjusted operating loss of $4.6 million in Q2 2025. GAAP net loss narrowed to $15.6 million ($0.10 per share) from $37.5 million ($0.26 per share). Network Services grew 17% to $133.9 million; Security accelerated 43% to $41.7 million. LTM net retention rate climbed to 117%, the highest in three years. Remaining Performance Obligations reached $341 million, up 38% year-over-year. The company raised full-year 2026 guidance to $732.0–746.0 million in revenue and $88.0–96.0 million in adjusted operating income.
Full-year 2026 revenue $732.0–$746.0 million; Non-GAAP operating income $88.0–$96.0 million; Non-GAAP net income per diluted share $0.50–$0.54
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Fastly Compute is a serverless edge runtime that lets developers run custom code in WebAssembly directly on Fastly's global network, close to end users. Built for fast cold starts and strong isolation, it supports languages including Rust, JavaScript, and Go, and is used for personalization, A/B testing, authentication, request manipulation, and AI inference at the edge. By executing logic at the CDN layer rather than in a centralized region, Compute reduces latency and origin load for high-traffic applications.
Fastly's content delivery network accelerates websites, APIs, streaming media, and applications by caching and serving content from points of presence worldwide. Its instant purge, real-time configuration, and detailed observability give developers fine-grained control over how traffic is cached and routed, with changes propagating across the network in seconds. The platform is designed for high-throughput, dynamic content and is used by media, e-commerce, and SaaS companies that need low-latency global delivery.
Fastly Security combines a next-generation Web Application and API Protection (WAAP) suite, DDoS mitigation, and bot management delivered from the edge. Built in part on technology from the Signal Sciences acquisition, it inspects traffic in real time to block application-layer attacks, credential abuse, and automated threats while minimizing false positives. Because protection runs on the same network that delivers content, security policies apply close to users without adding round-trips or separate appliances.
5 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.