Fastly (FSLY) Operating Expenses (2018 - 2026)
Fastly's (FSLY) quarterly Operating Expenses came in at $130.4 million in Q2 2026, up 10.44% year-over-year from $118.1 million in Q2 2025, and down 1.28% quarter-over-quarter from $132.1 million in Q1 2026.
Analysis
Fastly (FSLY) Operating Expenses (2018 - 2026) Analysis & Trends
Fastly (FSLY) has reported Operating Expenses for 9 consecutive years, with $130.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 10.44% year-over-year to $130.4 million in Q2 2026; TTM through Jun 2026 was $504.6 million, a 10.24% increase from a year earlier, with the FY2025 full-year figure at $475.2 million, up 2.45% from the prior year.
- Operating Expenses was $130.4 million for Q2 2026 at Fastly, down from $132.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $132.1 million in Q1 2026 and troughed at $107.5 million in Q1 2023.
- A 5-year average of $117.9 million and a median of $118.2 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses advanced 17.94% in 2022 and decreased 7.57% in 2024, its largest moves.
- Over 5 years, Operating Expenses stood at $111.0 million in 2022, then increased by 6.59% to $118.4 million in 2023, then fell by 7.57% to $109.4 million in 2024, then advanced by 10.66% to $121.0 million in 2025, then climbed by 7.71% to $130.4 million in 2026.
- The last three Operating Expenses figures came in at $130.4 million (Q2 2026), $132.1 million (Q1 2026), and $121.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cloudflare | 89.84 Bn | 85.68 Bn | 499.52 Mn | 705.21 Mn |
| 2 | Akamai Technologies | 15.11 Bn | 11.75 Bn | 613.75 Mn | 1.02 Bn |
| 3 | Fastly | 3.28 Bn | 2.94 Bn | 115.95 Mn | 130.38 Mn |
| 4 | Xunlei | 383.42 Mn | 105.09 Mn | 57.31 Mn | -62.08 Mn |
Historic Data
Download Data
Historic 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 |