Fastly (FSLY) Gross Margin (2018 - 2026)
Fastly's (FSLY) quarterly Gross Margin came in at 62.52% in Q1 2026, up 937.0% year-on-year from 6.03% in Q1 2025, and up 1.85% on a QoQ basis from 61.39% in Q4 2025.
Fastly (FSLY) Gross Margin (2018 - 2026) Analysis & Trends
Fastly (FSLY) has 9 years of Gross Margin data on file, last reported at 62.52% in Q1 2026.
- On a quarterly basis, Gross Margin rose 937.0% year-over-year to 62.52% in Q1 2026; TTM through Mar 2026 was 59.39%, a 539.0% increase from a year earlier, with the FY2025 full-year figure at 57.08%, up 265.0% from the prior year.
- Gross Margin for Q1 2026 stood at 62.52%, up from 61.39% in the prior quarter.
- Over the last five years, Gross Margin for FSLY reached as high as 62.52% in Q1 2026 and fell as low as 44.92% in Q2 2022.
- Historically, Gross Margin has averaged 53.6% across 5 years, with a median of 53.4% in 2024.
- Across the five-year window, Gross Margin sank 847 bps in 2022 and surged 937 bps in 2026, its largest moves.
- Year by year, Gross Margin stood at 52.45% in 2022, then climbed by 5 bps to 55.0% in 2023, then declined by 3 bps to 53.4% in 2024, then gained by 15 bps to 61.39% in 2025, then advanced by 2 bps to 62.52% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 62.52% in Q1 2026, 61.39% in Q4 2025, and 58.35% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | Fastly | 2.98 Bn | 2.65 Bn | 108.18 Mn | 62.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 62.52% |
| Dec 31, 2025 | 61.39% |
| Sep 30, 2025 | 58.35% |
| Jun 30, 2025 | 54.55% |
| Mar 31, 2025 | 53.16% |
| Dec 31, 2024 | 53.40% |
| Sep 30, 2024 | 54.47% |
| Jun 30, 2024 | 55.07% |
| Mar 31, 2024 | 54.85% |
| Dec 31, 2023 | 55.00% |
| Sep 30, 2023 | 51.70% |
| Jun 30, 2023 | 52.28% |
| Mar 31, 2023 | 51.25% |
| Dec 31, 2022 | 52.45% |
| Sep 30, 2022 | 48.55% |
| Jun 30, 2022 | 44.92% |
| Mar 31, 2022 | 47.34% |
| Dec 31, 2021 | 50.94% |
| Sep 30, 2021 | 52.45% |
| Jun 30, 2021 | 52.58% |