Company: FSLY
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001517413-25-000218
Chunk: 244

Company: Fastly, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 244
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(unaudited)

Three months endedJune 30,Six months endedJune 30,2025202420252024Revenue$148,709 $132,371 $293,183 $265,891 Cost of revenue67,593 59,470 135,269 119,756 Gross profit81,116 72,901 157,914 146,135 Operating expenses:Research and development42,221 35,106 79,650 73,354 Sales and marketing51,100 52,959 100,413 102,566 General and administrative24,323 28,433 52,558 60,072 Impairment expense415 3,137 415 3,137 Total operating expenses118,059 119,635 233,036 239,129 Loss from operations(36,943)(46,734)(75,122)(92,994)Interest income3,084 3,937 6,059 7,785 Interest expense(3,164)(464)(6,337)(1,043)Other income (expense), net39 193 (41)104 Loss before income tax expense(36,984)(43,068)(75,441)(86,148)Income tax expense 557 661 1,248 1,008 Net loss$(37,541)$(43,729)$(76,689)$(87,156)Net loss per share attributable to common stockholders, basic and diluted$(0.26)$(0.32)$(0.53)$(0.64)Weighted-average shares used in computing net loss per share attributable to common stockholders, basic and diluted145,780 137,444 144,539 136,015 

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 endedJune 30,Six months endedJune 30,2025202420252024Net loss$(37,541)$(43,729)$(76,689)$(87,156)Other comprehensive income (loss):Unrealized gain (loss) on investments in available-for-sale-securities(39)239 (69)726 Total other comprehensive income (loss)$(39)$239 $(69)$726