Fastly (FSLY) Operating Expenses (2018 - 2026)

Fastly's (FSLY) quarterly Operating Expenses came in at $132.1 million in Q1 2026, up 14.87% year-on-year from $115.0 million in Q1 2025, and up 9.11% on a QoQ basis from $121.0 million in Q4 2025.

Fastly (FSLY) Operating Expenses (2018 - 2026) Analysis & Trends

Fastly (FSLY) has 9 years of Operating Expenses data on file, last reported at $132.1 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 14.87% year-over-year to $132.1 million in Q1 2026; TTM through Mar 2026 was $492.3 million, a 7.18% increase from a year earlier, with the FY2025 full-year figure at $475.2 million, up 2.45% from the prior year.
  • Operating Expenses for Q1 2026 stood at $132.1 million, up from $121.0 million in the prior quarter.
  • Over the last five years, Operating Expenses for FSLY reached as high as $132.1 million in Q1 2026 and fell as low as $107.5 million in Q1 2023.
  • Historically, Operating Expenses has averaged $117.1 million across 5 years, with a median of $118.1 million in 2025.
  • Across the five-year window, Operating Expenses gained 17.94% in 2022 and retreated 7.57% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $111.0 million in 2022, then climbed by 6.59% to $118.4 million in 2023, then dropped by 7.57% to $109.4 million in 2024, then rose by 10.66% to $121.0 million in 2025, then gained by 9.11% to $132.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $132.1 million in Q1 2026, $121.0 million in Q4 2025, and $121.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -7.98 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -269.42 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 1.16 Bn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 11.28 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 6.22 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 2.66 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 4.23 Bn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 1.25 Bn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 1.04 Bn
10 Fastly 2.98 Bn 2.65 Bn 108.18 Mn 132.08 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 132.08 Mn
Dec 31, 2025 121.05 Mn
Sep 30, 2025 121.12 Mn
Jun 30, 2025 118.06 Mn
Mar 31, 2025 114.98 Mn
Dec 31, 2024 109.39 Mn
Sep 30, 2024 115.33 Mn
Jun 30, 2024 119.64 Mn
Mar 31, 2024 119.49 Mn
Dec 31, 2023 118.36 Mn
Sep 30, 2023 124.43 Mn
Jun 30, 2023 114.04 Mn
Mar 31, 2023 107.53 Mn
Dec 31, 2022 111.05 Mn
Sep 30, 2022 118.44 Mn
Jun 30, 2022 115.02 Mn
Mar 31, 2022 111.47 Mn
Dec 31, 2021 106.43 Mn
Sep 30, 2021 100.43 Mn
Jun 30, 2021 102.17 Mn