Fastly (FSLY) Research & Development (2018 - 2026)
Fastly's (FSLY) quarterly Research & Development came in at $56.7 million in Q2 2026, up 11.03% year-over-year from $51.1 million in Q2 2025, and up 2.94% quarter-over-quarter from $55.1 million in Q1 2026.
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Fastly (FSLY) Research & Development (2018 - 2026) Analysis & Trends
Fastly (FSLY) has reported Research & Development for 9 consecutive years, with $56.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development rose 11.03% year-over-year to $56.7 million in Q2 2026; TTM through Jun 2026 was $212.9 million, a 8.35% increase from a year earlier, with the FY2025 full-year figure at $201.4 million, up 1.42% from the prior year.
- Research & Development was $56.7 million for Q2 2026 at Fastly, up from $55.1 million in the prior quarter.
- Over five years, Research & Development peaked at $56.7 million in Q2 2026 and troughed at $41.5 million in Q1 2022.
- A 5-year average of $49.1 million and a median of $49.5 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development gained 28.69% in 2022 and declined 9.89% in 2024, its largest moves.
- Over 5 years, Research & Development stood at $44.6 million in 2022, then increased by 9.05% to $48.7 million in 2023, then climbed by 2.85% to $50.0 million in 2024, then grew by 1.94% to $51.0 million in 2025, then rose by 11.19% to $56.7 million in 2026.
- The last three Research & Development figures came in at $56.7 million (Q2 2026), $55.1 million (Q1 2026), and $51.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,833.59 Bn | 3,756.75 Bn | 60.48 Bn | 10.00 Bn |
| 2 | International Business Machines | 212.47 Bn | 163.37 Bn | 9.91 Bn | 2.31 Bn |
| 3 | Cloudflare | 112.40 Bn | 95.93 Bn | 499.52 Mn | 159.49 Mn |
| 4 | Equinix | 99.47 Bn | 88.02 Bn | 1.40 Bn | - |
| 5 | Nebius | 60.05 Bn | 33.48 Bn | 448.70 Mn | 191.00 Mn |
| 6 | CoreWeave | 48.26 Bn | 35.35 Bn | 1.70 Bn | - |
| 7 | Verisign | 25.97 Bn | 23.18 Bn | 384.60 Mn | 27.50 Mn |
| 8 | Nutanix | 18.41 Bn | 10.09 Bn | 651.35 Mn | 205.05 Mn |
| 9 | Akamai Technologies | 16.36 Bn | 9.77 Bn | 613.75 Mn | 148.82 Mn |
| 10 | Fastly | 3.97 Bn | 2.60 Bn | 115.95 Mn | 42.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.07 Mn |
| Mar 31, 2026 | 41.97 Mn |
| Dec 31, 2025 | 41.59 Mn |
| Sep 30, 2025 | 41.42 Mn |
| Jun 30, 2025 | 42.22 Mn |
| Mar 31, 2025 | 37.43 Mn |
| Dec 31, 2024 | 32.74 Mn |
| Sep 30, 2024 | 31.88 Mn |
| Jun 30, 2024 | 35.11 Mn |
| Mar 31, 2024 | 38.25 Mn |
| Dec 31, 2023 | 38.27 Mn |
| Sep 30, 2023 | 39.07 Mn |
| Jun 30, 2023 | 37.42 Mn |
| Mar 31, 2023 | 37.43 Mn |
| Dec 31, 2022 | 37.20 Mn |
| Sep 30, 2022 | 38.96 Mn |
| Jun 30, 2022 | 38.72 Mn |
| Mar 31, 2022 | 40.44 Mn |
| Dec 31, 2021 | 35.00 Mn |
| Sep 30, 2021 | 32.53 Mn |
API Access
Fastly Research & Development 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=research-and-development&ticker=FSLY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=FSLY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();