Company: FSLY
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001517413-25-000299
Chunk: 312

Company: Fastly, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 312
---
 nine months ended September 30, 2025 and 2024. The following table presents the Company’s net revenue by geographic region:Three months ended September 30,Nine months ended September 30,2025202420252024(in thousands)United States$114,168 $104,454 $337,469 $300,921 Asia Pacific21,805 14,609 52,974 51,030 Europe16,520 13,015 45,729 36,364 All other5,730 5,128 15,234 14,782 Total revenue$158,223 $137,206 $451,406 $403,097 The majority of the Company’s revenue is derived from enterprise customers, which are defined as customers with annualized current quarter revenue in excess of $100,000. This is calculated by taking the sum of revenue for each customer within the quarter and multiplying it by four. The following table presents the Company's net revenue for enterprise and non-enterprise customers:Three months ended September 30,Nine months ended September 30,2025202420252024(in thousands)Enterprise customers$148,516 $126,660 $422,665 $369,451 Non-enterprise customers9,707 10,546 28,741 33,646 Total revenue$158,223 $137,206 $451,406 $403,097 The Company reports its revenue by three product lines: Network Services, Security, and Other. Network Services include solutions designed to improve performance of websites, apps, application programming interfaces (“APIs”), and digital media. Security includes products designed to protect websites, apps, APIs, and users. Other includes Compute solutions that allow developers to build and deploy modern web applications on Fastly's edge cloud platform and Observability solutions that provide real-time logs, data, and metrics streamed from Fastly's edge platform for actionable insights. The following table presents the Company’s revenue by product line:Three months ended September 30,Nine months ended September 30,2025202420252024(in thousands)Network Services$118,828 $107,431 $346,934 $317,585 Security33,959 26,184 89,661 76,152 Other5,436 3,591 14,811 9,360 Total revenue$158,223 $137,206 $