Fastly (FSLY) Gross Margin (2018 - 2026)
Fastly's (FSLY) quarterly Gross Margin came in at 63.25% in Q2 2026, up 870.0% year-over-year from 6.52% in Q2 2025, and up 1.16% quarter-over-quarter from 62.52% in Q1 2026.
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Fastly (FSLY) Gross Margin (2018 - 2026) Analysis & Trends
Fastly (FSLY) has reported Gross Margin for 9 consecutive years, with 63.25% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 870.0% year-over-year to 63.25% in Q2 2026; TTM through Jun 2026 was 61.47%, a 758.0% increase from a year earlier, with the FY2025 full-year figure at 57.08%, up 265.0% from the prior year.
- Gross Margin was 63.25% for Q2 2026 at Fastly, up from 62.52% in the prior quarter.
- Over five years, Gross Margin peaked at 63.25% in Q2 2026 and troughed at 44.92% in Q2 2022.
- A 5-year average of 54.14% and a median of 53.93% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin plunged 847 bps in 2022 and soared 937 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 52.45% in 2022, then increased by 5 bps to 55.0% in 2023, then retreated by 3 bps to 53.4% in 2024, then climbed by 15 bps to 61.39% in 2025, then advanced by 3 bps to 63.25% in 2026.
- The last three Gross Margin figures came in at 63.25% (Q2 2026), 62.52% (Q1 2026), and 61.39% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn | 67.20% |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn | 57.73% |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn | 71.76% |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn | 53.14% |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn | 77.06% |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn | 65.86% |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn | 88.50% |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn | 86.03% |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn | 55.81% |
| 10 | Fastly | 3.97 Bn | 2.60 Bn | 115.95 Mn | 63.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.25% |
| 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% |
API Access
Fastly Gross 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=gross-margin&ticker=FSLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=FSLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();