Company: FSLY
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001517413-25-000218
Chunk: 251

Company: Fastly, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 251
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 by geography is based on the billing address of the customer. Aside from the United States, no other single country accounted for more than 10% of revenue for both the three and six months ended June 30, 2025 and 2024. The following table presents the Company’s net revenue by geographic region:Three months ended June 30,Six months ended June 30,2025202420252024(in thousands)United States$112,770 $97,968 $221,541 $196,466 Asia Pacific16,086 17,322 31,634 36,421 Europe15,220 12,103 30,156 23,349 All other4,633 4,978 9,852 9,655 Total revenue$148,709 $132,371 $293,183 $265,891 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 June 30,Six months ended June 30,2025202420252024(in thousands)Enterprise customers$139,258 $120,731 $273,949 $242,791 Non-enterprise customers9,451 11,640 19,234 23,100 Total revenue$148,709 $132,371 $293,183 $265,891 

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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 June 30,Six months ended June 30,2025202420252024(in thousands)Network Services$114,877 $104,158 $228,106 $210,154 Security29,267 25,368