Company: FSLY
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001517413-25-000218
Chunk: 464

Company: Fastly, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 2
Chunk 464
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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 attributable to common stockholders$(37,541)$(43,729)$(76,689)$(87,156)

42

The following tables set forth our results of operations for the period presented as a percentage of our revenue:

Three months endedJune 30,Six months endedJune 30,2025202420252024Condensed Consolidated Statements of Operations, as a percentage of revenue:*Revenue100 %100 %100 %100 %Cost of revenue45 45 46 45 Gross profit55 55 54 55 Operating expenses:Research and development28 27 27 28 Sales and marketing34 40 34 39 General and administrative16 21 18 23 Impairment expense— 2 — 1 Total operating expenses78 90 79 91 Loss from operations(23)(35)(25)(36)Interest income2 3 2 3 Interest expense(2)— (2)— Other income (expense), net— — — — Loss before income tax expense(23)(32)(25)(33)Income tax expense — — — — Net loss attributable to common stockholders(23)%(32)%(25)%(33)%__________

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

Revenue

Three months ended June 30,Six months ended June 30,20252024% Change20252024% Change(in thousands)(in thousands)Network Services$114,877