Fastly (FSLY) Research & Development (2018 - 2026)
Fastly (FSLY) posted quarterly Research & Development of $42.0 million for Q1 2026, up 12.14% year-over-year from $37.4 million in Q1 2025, and down 47.77% quarter-over-quarter from $80.4 million in Q4 2025.
Fastly (FSLY) Research & Development (2018 - 2026) Analysis & Trends
Fastly (FSLY) has reported Research & Development for 9 consecutive years, with $42.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 12.14% year-over-year to $42.0 million; the TTM figure through Mar 2026 stood at $214.6 million (up 128.64% YoY), while the FY2025 annual figure was $201.4 million, up 45.99% from the prior year.
- Research & Development retreated to $42.0 million in Q1 2026 per FSLY's latest filing, from $80.4 million in the prior quarter.
- Across five years, Research & Development topped out at $80.4 million in Q4 2025 and bottomed at -$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.
- Annual changes were most pronounced in 2024 — Research & Development sank 216.53% — and 2025, when it surged 859.57%.
- Fastly's 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 soared by 859.57% to $80.4 million in 2025, then tumbled by 47.77% to $42.0 million in 2026.
- Business Quant data shows FSLY's Research & Development at $42.0 million in Q1 2026, $80.4 million in Q4 2025, and $50.0 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -4.12 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 498.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 3.77 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 1.52 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 1.37 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 588.95 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 265.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 1.88 Bn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 1.79 Bn |
| 10 | Fastly | 4.76 Bn | 4.42 Bn | 115.95 Mn | 56.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 56.74 Mn |
| 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 |