Company: FSLY
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001517413-25-000299
Chunk: 354

Company: Fastly, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 354
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 profit58 54 55 55 Operating expenses:Research and development26 23 27 26 Sales and marketing32 34 33 37 General and administrative19 20 18 22 Impairment expense— — — 1 Restructuring charges— 7 — 2 Total operating expenses77 84 78 88 Loss from operations(19)(30)(23)(33)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