Company: FSLY
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001517413-25-000218
Chunk: 361

Company: Fastly, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 361
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 million, or 4%. 

U.S. revenue was $221.5 million, or 76% of revenue, for the six months ended June 30, 2025, compared to $196.5 million, or 74% of revenue, for the six months ended June 30, 2024. This represents an increase of $25.0 million, or 13%. International revenue was $71.6 million, or 24% of revenue, for the six months ended June 30, 2025, compared to $69.4 million, or 26%, of revenue for the six months ended June 30, 2024. This represents an increase of $2.2 million, or 3%. 

Cost of Revenue

Three months ended June 30,Six months ended June 30,20252024% Change20252024% Change(in thousands)(in thousands)Cost of revenue$67,593 $59,470 14 %$135,269 $119,756 13 %

Cost of revenue was $67.6 million for the three months ended June 30, 2025 compared to $59.5 million for the three months ended June 30, 2024, an increase of $8.1 million, or 14%. The increase was primarily due to a $4.0 million increase in bandwidth costs, a $1.7 million increase in depreciation and amortization expense as a result of increased investments in our platform, as well as a $1.2 million increase in software costs. The increase was also due to a $1.0 million increase in colocation costs and a $0.5 million increase in stock-based compensation expense. The increase was partially offset by a $0.5 million decrease in personnel-related costs.

Cost of revenue was $135.3 million for the six months ended June 30, 2025 compared to $119.8 million for the six months ended June 30, 2024, an increase of $15.5 million, or 13%. The increase was primarily due to a $10.0 million increase in bandwidth costs, a $3.7 million increase in depreciation and amortization expense as a result of increased investments in our platform, a $2.2 million increase in software costs as well a $1.2 million increase in colocation costs. The increase was partially offset by a $1.6 million decrease in personnel-related costs