Company: FSLY
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001517413-25-000299
Chunk: 460

Company: Fastly, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 460
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Interest income2 3 2 3 Interest expense(2)— (2)— Other expense, net— — — — Loss before income tax expense(19)(27)(23)(30)Income tax expense — — — — Net loss attributable to common stockholders(19)%(27)%(23)%(30)%__________

*    Columns may not add up to 100% due to rounding.

Revenue

Three months ended September 30,Nine months ended September 30,20252024% Change20252024% Change(in thousands)(in thousands)Network Services$118,828 $107,431 11 %$346,934 $317,585 9 %Security33,959 26,184 30 %89,661 76,152 18 %Other5,436 3,591 51 %14,811 9,360 58 %Total revenue$158,223 $137,206 15 %$451,406 $403,097 12 %Percentage of revenue:Network Services76 %78 %(2)%77 %79 %(2)%Security21 %19 %2 %20 %19 %1 %Other3 %3 %— %3 %2 %1 %

Revenue was $158.2 million for the three months ended September 30, 2025, compared to $137.2 million for the three months ended September 30, 2024, an increase of $21.0 million, or 15%. Revenue was $451.4 million for the nine months ended September 30, 2025, compared to $403.1 million for the nine months ended September 30, 2024, an increase of $48.3 million, or 12%.

In both the three and nine months ended September 30, 2025, approximately 96% of our revenue was driven by usage on our platform. In both the three and nine months ended September 30, 2024, approximately 95% of our revenue was driven by usage on our platform. Revenue was primarily from existing customers, as revenue from new customers contributed less than 10% of our revenue. The proportion of the revenue contribution between new and existing customers is consistent with prior periods and typical customer behavior as customers tend to contribute more revenue over time as