Fastly (FSLY) FCF Margin (2018 - 2026)
Fastly's (FSLY) quarterly FCF Margin came in at 4.21% in Q2 2026, down 797.0% year-over-year from 0.6% in Q2 2025, and down 7.23% quarter-over-quarter from 4.53% in Q1 2026.
Fastly (FSLY) FCF Margin (2018 - 2026) Analysis & Trends
Fastly (FSLY) has reported FCF Margin for 9 consecutive years, with 4.21% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin fell 797.0% year-over-year to 4.21% in Q2 2026; TTM through Jun 2026 was 7.37%, a 240.0% increase from a year earlier, with the FY2025 full-year figure at 10.54%, up 1232.0% from the prior year.
- FCF Margin was 4.21% for Q2 2026 at Fastly, down from 4.53% in the prior quarter.
- Over five years, FCF Margin peaked at 15.27% in Q2 2023 and troughed at 30.11% in Q3 2022.
- A 5-year average of 3.07% and a median of 0.8% in 2024 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin jumped 3128 bps in 2023 and plunged 2417 bps in 2024, its largest moves.
- Over 5 years, FCF Margin stood at 15.29% in 2022, then surged by 37 bps to 9.64% in 2023, then surged by 97 bps to 0.27% in 2024, then jumped by 2710 bps to 7.09% in 2025, then plunged by 41 bps to 4.21% in 2026.
- The last three FCF Margin figures came in at 4.21% (Q2 2026), 4.53% (Q1 2026), and 7.09% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn | 21.82% |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn | 13.80% |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn | 9.71% |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn | -19.47% |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn | 1,357.29% |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn | -223.03% |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn | 48.96% |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn | 36.66% |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn | 16.49% |
| 10 | Fastly | 3.97 Bn | 2.60 Bn | 115.95 Mn | 4.21% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.21% |
| Mar 31, 2026 | 4.53% |
| Dec 31, 2025 | 7.09% |
| Sep 30, 2025 | 14.46% |
| Jun 30, 2025 | 10.72% |
| Mar 31, 2025 | 10.16% |
| Dec 31, 2024 | 0.18% |
| Sep 30, 2024 | 2.19% |
| Jun 30, 2024 | -5.07% |
| Mar 31, 2024 | 7.14% |
| Dec 31, 2023 | -7.31% |
| Sep 30, 2023 | -6.82% |
| Jun 30, 2023 | 16.71% |
| Mar 31, 2023 | -10.51% |
| Dec 31, 2022 | -17.31% |
| Sep 30, 2022 | -27.89% |
| Jun 30, 2022 | -22.54% |
| Mar 31, 2022 | -15.21% |
| Dec 31, 2021 | -11.72% |
| Sep 30, 2021 | -26.45% |
Fastly FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=FSLY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "FSLY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=FSLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();