Fastly (FSLY) Net Margin (2018 - 2026)
Fastly (FSLY) recorded Net Margin of -8.50% in Q2 2026, up 16.74 percentage points from -25.24% a year earlier and up 3.36 percentage points from the prior quarter.
Powered by 
Analysis
Fastly (FSLY) Net Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Fastly's Net Margin came in at -11.80% as of Jun 30, 2026, up 14.05 percentage points year-over-year; for FY2025, it was -19.50%, up 9.57 percentage points from FY2024.
- Annual Net Margin has a five-year change of +13.48 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -29.07% in FY2024 (-2.77 pp), -26.30% in FY2023 (+17.78 pp), -44.09% in FY2022 (+18.76 pp) and -62.85% in FY2021 (-29.87 pp).
- The Q2 2026 figure is the highest quarterly Net Margin in data going back to Q2 2018.
- On a year-over-year basis, Net Margin has increased for six consecutive quarters, with an average year-over-year change of +9.63 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 52.53 percentage points in Q2 2022, against a drop of 31.13 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at -11.86% (Q1 2026), -8.98% (Q4 2025) and -18.63% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | 39.74% |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | 12.62% |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | -24.42% |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | 18.25% |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | -32.70% |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | -24.31% |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | 49.82% |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | 167.85% |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | 18.50% |
| 10 | Fastly | 3.64 Bn | 2.27 Bn | 115.95 Mn | -8.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.50% |
| Mar 31, 2026 | -11.86% |
| Dec 31, 2025 | -8.98% |
| Sep 30, 2025 | -18.63% |
| Jun 30, 2025 | -25.24% |
| Mar 31, 2025 | -27.10% |
| Dec 31, 2024 | -23.39% |
| Sep 30, 2024 | -27.71% |
| Jun 30, 2024 | -33.04% |
| Mar 31, 2024 | -32.52% |
| Dec 31, 2023 | -16.97% |
| Sep 30, 2023 | -42.49% |
| Jun 30, 2023 | -8.71% |
| Mar 31, 2023 | -38.01% |
| Dec 31, 2022 | -39.10% |
| Sep 30, 2022 | -58.45% |
| Jun 30, 2022 | -16.03% |
| Mar 31, 2022 | -62.77% |
| Dec 31, 2021 | -58.86% |
| Sep 30, 2021 | -64.79% |
API Access
Fastly Net 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=net-margin&ticker=FSLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=FSLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();