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