Fastly (FSLY) Operating Margin (2018 - 2026)
Fastly's (FSLY) quarterly Operating Margin came in at 7.87% in Q2 2026, up 1697.0% year-over-year from 0.44% in Q2 2025, and up 42.99% quarter-over-quarter from 13.81% in Q1 2026.
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Fastly (FSLY) Operating Margin (2018 - 2026) Analysis & Trends
Fastly (FSLY) has reported Operating Margin for 9 consecutive years, with 7.87% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin rose 1697.0% year-over-year to 7.87% in Q2 2026; TTM through Jun 2026 was 11.96%, a 1432.0% increase from a year earlier, with the FY2025 full-year figure at 19.07%, up 1182.0% from the prior year.
- Operating Margin was 7.87% for Q2 2026 at Fastly, up from 13.81% in the prior quarter.
- Over five years, Operating Margin peaked at 7.87% in Q2 2026 and troughed at 67.27% in Q2 2022.
- A 5-year average of 33.96% and a median of 32.78% in 2023 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin plunged 266 bps in 2022 and surged 2671 bps in 2023, its largest moves.
- Over 5 years, Operating Margin stood at 40.61% in 2022, then grew by 24 bps to 30.91% in 2023, then climbed by 21 bps to 24.42% in 2024, then surged by 64 bps to 8.74% in 2025, then increased by 10 bps to 7.87% in 2026.
- The last three Operating Margin figures came in at 7.87% (Q2 2026), 13.81% (Q1 2026), and 8.74% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn | 45.11% |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn | 15.24% |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn | -29.55% |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn | 25.33% |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn | -30.21% |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn | -1.90% |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn | 68.18% |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn | 9.24% |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn | 7.30% |
| 10 | Fastly | 3.97 Bn | 2.60 Bn | 115.95 Mn | -7.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -7.87% |
| Mar 31, 2026 | -13.81% |
| Dec 31, 2025 | -8.74% |
| Sep 30, 2025 | -18.19% |
| Jun 30, 2025 | -24.84% |
| Mar 31, 2025 | -26.43% |
| Dec 31, 2024 | -24.42% |
| Sep 30, 2024 | -29.58% |
| Jun 30, 2024 | -35.31% |
| Mar 31, 2024 | -34.65% |
| Dec 31, 2023 | -30.91% |
| Sep 30, 2023 | -45.65% |
| Jun 30, 2023 | -40.57% |
| Mar 31, 2023 | -40.21% |
| Dec 31, 2022 | -40.61% |
| Sep 30, 2022 | -60.61% |
| Jun 30, 2022 | -67.27% |
| Mar 31, 2022 | -61.54% |
| Dec 31, 2021 | -57.98% |
| Sep 30, 2021 | -63.34% |
API Access
Fastly Operating 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=operating-margin&ticker=FSLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=FSLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();