Company: FSLY
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001517413-25-000299
Chunk: 242

Company: Fastly, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 242
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(unaudited)

Three months endedSeptember 30,Nine months endedSeptember 30,2025202420252024Revenue$158,223 $137,206 $451,406 $403,097 Cost of revenue65,894 62,466 201,163 182,222 Gross profit92,329 74,740 250,243 220,875 Operating expenses:Research and development41,421 31,884 121,071 105,238 Sales and marketing49,998 45,994 150,411 148,560 General and administrative29,698 27,173 82,256 87,245 Impairment expense— 559 415 3,696 Restructuring charges— 9,720 — 9,720 Total operating expenses121,117 115,330 354,153 354,459 Loss from operations(28,788)(40,590)(103,910)(133,584)Interest income3,080 3,819 9,139 11,604 Interest expense(3,161)(473)(9,498)(1,516)Other expense, net(55)(317)(96)(213)Loss before income tax expense(28,924)(37,561)(104,365)(123,709)Income tax expense 559 455 1,807 1,463 Net loss$(29,483)$(38,016)$(106,172)$(125,172)Net loss per share attributable to common stockholders, basic and diluted$(0.20)$(0.27)$(0.73)$(0.91)Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted148,129 139,237 145,749 137,097 

The accompanying notes are an integral part of the condensed consolidated financial statements.

6

FASTLY, INC.

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(in thousands)

(unaudited)

Three months endedSeptember 30,Nine months endedSeptember 30,2025202420252024Net loss$(29,483)$(38,016)$(106,172)$(125,172)Other comprehensive income:Unrealized gain on investments in available-for-sale-securities157 260 88 986 Total other comprehensive income$157 $260 $88