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| Date | Value |
|---|---|
| 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 |