FSLY

Fastly, Inc. Information Technology Services-Prepackaged Software Russell 3000
$23.11Close $3.5BMarket cap $7.96 – $33.5052-week range Nov 4, 2026Next report · after the close

Highlights

Strengths

  • Leading the market RS 95 · stronger than 95% of stocks over 12 months
  • Volume drying up last 10 days 27% under the 50-day average

Cautions

  • Trend not confirmed 6 of 8 conditions · under the 50-day, over 25% off the high
  • Far from its high 31% below its 52-week high
  • Results soon Nov 4, 2026, in 3 days
  • Financial distress Altman Z″ in the distress zone

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 5, 2026
Off 12-month high 31%
1wk down 5.3% price change
1mo down 10.0% price change
12-month return up 190% market up 11% · its own up 177%
F-score 5 / 9 Mixed
Altman Z″ 0.12 Elevated risk
P/E — price / earnings
PEG — P/E / EPS growth
P/B 3.8× price / book
Earnings yield down 3.3% EBIT / enterprise value
Cheaper than 32% of the market · expensive
Revenue growth up 15% year on year
EPS growth — latest quarter
Sales growth up 23% latest quarter · +4 pts
ROE down 13% return on equity
Free cash margin up 11% $65.8M FCF
D/E 0.35 long-term debt / equity
Net debt / EBITDA —
Interest cover Lossoperating loss
Piotroski tests
  • not yet profitable on its assets
  • took on more long-term debt
  • short-term liquidity weakened
  • issued more shares
  • generating cash from operations
  • profitability improving
  • profits backed by cash
  • gross margin widened
  • assets working harder

Repair signals

  • Gross margin 54.4% → 57.1%

Trade setup

ATR% 9.7% $2.23 a day · 2×ATR $18.65
RS 95 / 99 vs the universe
Trend 6 / 8 under the 50-day, over 25% off the high
Relative volume 1.0× vs 50-day average
Up/down volume 1.27 50 sessions
Implied move — no option chain · report Nov 4, 2026
Trend template · 6 of 8
  • Price above the 50-day average: fails
  • Within 25% of the 52-week high: fails

Screen verdict

Did not qualify for any screen.

Warning signs

3 flagged
  • Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
  • Losing money before interest is even paid The company made an operating loss, so interest is not covered at all - the debt is being serviced from cash reserves, asset sales or new borrowing rather than from the business.
  • Shareholders diluted The share count rose 6.6% over the year, from 142m to 152m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported Aug 5, 2026
Last shock Aug 6, 2026-13% in one session2.1× volumeon results+2% since

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $624.0M +15% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $290.9M FY2021 · $354.3M FY2022 · $432.7M FY2023 · $506.0M FY2024 · $543.7M FY2025 · $624.0M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology -$121.7M
-$250M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$95.9M FY2021 · -$222.7M FY2022 · -$190.8M FY2023 · -$133.1M FY2024 · -$158.1M FY2025 · -$121.7M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $65.8M +982% on FY2024
-$100M $0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$49.5M FY2021 · -$73.3M FY2022 · -$89.6M FY2023 · -$10.6M FY2024 · $6.1M FY2025 · $65.8M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 57%
  • Net -20%
  • Free cash 11%
-100% 0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 59% · Net -33% · Free cash -17% FY2021 · Gross 53% · Net -63% · Free cash -21% FY2022 · Gross 48% · Net -44% · Free cash -21% FY2023 · Gross 53% · Net -26% · Free cash -2% FY2024 · Gross 54% · Net -29% · Free cash 1% FY2025 · Gross 57% · Net -20% · Free cash 11%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $142.7M net debt
  • Cash
  • Long-term debt
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $62.9M · Long-term debt $0 FY2021 · Cash $166.1M · Long-term debt $933.2M FY2022 · Cash $143.4M · Long-term debt $704.7M FY2023 · Cash $107.9M · Long-term debt $343.5M FY2024 · Cash $286.2M · Long-term debt $337.6M FY2025 · Cash $180.6M · Long-term debt $323.3M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 151.50m +33.3% since FY2020
151.50m 113.62m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 113.62m FY2021 · 118.81m FY2022 · 124.34m FY2023 · 132.99m FY2024 · 142.10m FY2025 · 151.50m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $290.9M $354.3M $432.7M $506.0M $543.7M $624.0M
Gross margin 59% 53% 48% 53% 54% 57%
Operating income -$107.2M -$219.0M -$246.2M -$198.0M -$167.9M -$119.0M
Net income -$95.9M -$222.7M -$190.8M -$133.1M -$158.1M -$121.7M
Net margin -33% -63% -44% -26% -29% -20%
Earnings per share -$0.93 -$1.92 -$1.57 -$1.03 -$1.14 -$0.83
Free cash flow -$49.5M -$73.3M -$89.6M -$10.6M $6.1M $65.8M
Free cash margin -17% -21% -21% -2% 1% 11%
Cash $62.9M $166.1M $143.4M $107.9M $286.2M $180.6M
Long-term debt $0 $933.2M $704.7M $343.5M $337.6M $323.3M
Shareholders' equity $1.1B $1.0B $955.2M $979.5M $965.2M $929.6M
Shares outstanding 113.62m 118.81m 124.34m 132.99m 142.10m 151.50m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 5, 2026 Quarterly ↗ Jun 30, 2026 36d
May 6, 2026 Quarterly ↗ Mar 31, 2026 36d
Feb 25, 2026 Annual ↗ Dec 31, 2025 56d
Nov 7, 2025 Quarterly ↗ Sep 30, 2025 38d
Aug 6, 2025 Quarterly ↗ Jun 30, 2025 37d
May 7, 2025 Quarterly ↗ Mar 31, 2025 37d
Feb 26, 2025 Annual ↗ Dec 31, 2024 57d
Nov 7, 2024 Quarterly ↗ Sep 30, 2024 38d
Aug 8, 2024 Quarterly ↗ Jun 30, 2024 39d
May 1, 2024 Quarterly ↗ Mar 31, 2024 31d
Feb 22, 2024 Annual ↗ Dec 31, 2023 53d
Nov 3, 2023 Quarterly ↗ Sep 30, 2023 34d

Current reports