Fastly (FSLY) Operating Expenses (2018 - 2026)
Fastly (FSLY) posted quarterly Operating Expenses of $132.1 million for Q1 2026, up 14.87% year-over-year from $115.0 million in Q1 2025, and up 9.11% quarter-over-quarter from $121.0 million in Q4 2025.
Fastly (FSLY) Operating Expenses (2018 - 2026) Analysis & Trends
Fastly (FSLY) has reported Operating Expenses for 9 consecutive years, with $132.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 14.87% year-over-year to $132.1 million; the TTM figure through Mar 2026 stood at $492.3 million (up 7.18% YoY), while the FY2025 annual figure was $475.2 million, up 2.45% from the prior year.
- Operating Expenses rose to $132.1 million in Q1 2026 per FSLY's latest filing, from $121.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $132.1 million in Q1 2026 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses climbed 17.94% — and 2024, when it slipped 7.57%.
- Fastly's Operating Expenses stood at $111.0 million in 2022, then gained by 6.59% to $118.4 million in 2023, then decreased by 7.57% to $109.4 million in 2024, then grew by 10.66% to $121.0 million in 2025, then increased by 9.11% to $132.1 million in 2026.
- Business Quant data shows FSLY's Operating Expenses at $132.1 million in Q1 2026, $121.0 million in Q4 2025, and $121.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -16.33 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 1.22 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 6.22 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 12.30 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 2.66 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 1.25 Bn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 4.34 Bn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 3.67 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 4.54 Bn |
| 10 | Fastly | 4.76 Bn | 4.42 Bn | 115.95 Mn | 130.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 130.38 Mn |
| 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 |