Fastly (FSLY) Gross Margin (2018 - 2026)
Fastly (FSLY) posted Gross Margin of 63.25% for Q2 2026, up 8.70 percentage points from 54.55% a year earlier and up 0.73 percentage points from the prior quarter.
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Analysis
Fastly (FSLY) Gross Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Fastly was 61.47%, up 7.58 percentage points year-over-year; for FY2025, it was 57.08%, up 2.65 percentage points from FY2024.
- Annual Gross Margin has increased for three consecutive years, though with a five-year change of -1.66 percentage points (FY2020 to FY2025).
- In prior years, Fastly's Gross Margin was 54.43% in FY2024 (+1.80 pp), 52.64% in FY2023 (+4.16 pp), 48.48% in FY2022 (-4.39 pp) and 52.87% in FY2021 (-5.87 pp).
- The Q2 2026 figure stands as the highest quarterly Gross Margin in data going back to Q2 2018.
- On a year-over-year basis, Gross Margin has increased in each of the last four quarters, with an average year-over-year change of +3.61 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2026, with a gain of 9.37 percentage points; the weakest was Q1 2022, with a drop of 8.47 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 62.52% (Q1 2026), 61.39% (Q4 2025) and 58.35% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | 67.20% |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | 57.73% |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | 71.76% |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | 53.14% |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | 77.06% |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | 65.86% |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | 88.50% |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | 86.03% |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | 63.81% |
| 10 | Fastly | 3.64 Bn | 2.27 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();