Fastly (FSLY) Research & Development (2018 - 2026)

Fastly's (FSLY) quarterly Research & Development came in at $42.0 million in Q1 2026, up 12.14% year-on-year from $37.4 million in Q1 2025, and down 47.77% on a QoQ basis from $80.4 million in Q4 2025.

Fastly (FSLY) Research & Development (2018 - 2026) Analysis & Trends

Fastly (FSLY) has 9 years of Research & Development data on file, last reported at $42.0 million in Q1 2026.

  • On a quarterly basis, Research & Development rose 12.14% year-over-year to $42.0 million in Q1 2026; TTM through Mar 2026 was $214.6 million, a 128.64% increase from a year earlier, with the FY2025 full-year figure at $201.4 million, up 45.99% from the prior year.
  • Research & Development for Q1 2026 stood at $42.0 million, down from $80.4 million in the prior quarter.
  • Over the last five years, Research & Development for FSLY reached as high as $80.4 million in Q4 2025 and fell as low as -$10.6 million in Q4 2024.
  • Historically, Research & Development has averaged $39.3 million across 5 years, with a median of $39.1 million in 2023.
  • Across the five-year window, Research & Development tumbled 216.53% in 2024 and soared 859.57% in 2025, its largest moves.
  • Year by year, Research & Development stood at $61.8 million in 2022, then sank by 85.3% to $9.1 million in 2023, then tumbled by 216.53% to -$10.6 million in 2024, then surged by 859.57% to $80.4 million in 2025, then tumbled by 47.77% to $42.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $42.0 million in Q1 2026, $80.4 million in Q4 2025, and $50.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -1.99 Bn
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -37.02 Mn
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn 496.00 Mn
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 1.33 Bn
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 3.77 Bn
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 1.37 Bn
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 253.90 Mn
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn 588.95 Mn
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 508.44 Mn
10 Fastly 2.98 Bn 2.65 Bn 108.18 Mn 41.97 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 41.97 Mn
Dec 31, 2025 80.36 Mn
Sep 30, 2025 50.00 Mn
Jun 30, 2025 42.22 Mn
Mar 31, 2025 37.43 Mn
Dec 31, 2024 -10.58 Mn
Sep 30, 2024 31.88 Mn
Jun 30, 2024 35.11 Mn
Mar 31, 2024 38.25 Mn
Dec 31, 2023 9.08 Mn
Sep 30, 2023 39.07 Mn
Jun 30, 2023 47.80 Mn
Mar 31, 2023 37.43 Mn
Dec 31, 2022 61.76 Mn
Sep 30, 2022 38.96 Mn
Jun 30, 2022 46.76 Mn
Mar 31, 2022 40.44 Mn
Dec 31, 2021 35.00 Mn
Sep 30, 2021 32.53 Mn
Jun 30, 2021 36.33 Mn