Fastly (FSLY) FCF Margin (2018 - 2026)
Fastly's FCF Margin was 4.21% in Q2 2026, down 6.52 percentage points from 10.72% a year earlier and down 0.33 percentage points from the prior quarter.
Fastly (FSLY) FCF Margin (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Fastly's FCF Margin was 7.37% through Jun 30, 2026, up 1.44 percentage points year-over-year; for FY2025, it was 10.54%, up 9.42 percentage points from FY2024.
- FCF Margin has now increased for three consecutive years, with a five-year change of +27.55 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 1.12% in FY2024 (+3.22 pp), -2.10% in FY2023 (+18.61 pp), -20.71% in FY2022 (-0.02 pp) and -20.69% in FY2021 (-3.67 pp).
- The Q2 2026 figure marks the lowest quarterly FCF Margin since Q4 2024.
- Compared with a year earlier, FCF Margin was higher in six of the last eight quarters, with an average year-over-year change of +5.29 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q2 2023 (a gain of 39.25 percentage points); the worst was Q3 2021 (a drop of 48.88 percentage points).
- Per Business Quant data, FSLY's FCF Margin in the three quarters before Q2 2026 was 4.53% (Q1 2026), 7.09% (Q4 2025) and 14.46% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,952.45 Bn | 3,875.61 Bn | 60.48 Bn | 21.82% |
| 2 | International Business Machines | 225.60 Bn | 176.41 Bn | 9.91 Bn | 13.80% |
| 3 | Cloudflare | 104.52 Bn | 88.04 Bn | 499.52 Mn | 9.71% |
| 4 | Equinix | 97.13 Bn | 85.69 Bn | 1.40 Bn | -23.31% |
| 5 | Nebius | 41.40 Bn | 14.83 Bn | 448.70 Mn | 1,357.29% |
| 6 | CoreWeave | 34.68 Bn | 21.77 Bn | 1.70 Bn | -223.03% |
| 7 | Verisign | 27.84 Bn | 25.05 Bn | 384.60 Mn | 48.96% |
| 8 | Nutanix | 18.23 Bn | 9.91 Bn | 651.35 Mn | 36.66% |
| 9 | GoDaddy | 14.26 Bn | 9.84 Bn | 828.20 Mn | 33.70% |
| 10 | Fastly | 3.50 Bn | 2.13 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();