Company: FSLY
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001517413-25-000218
Chunk: 365

Company: Fastly, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 365
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 months ended June 30, 2024, a decrease of $0.8 million, or 22%. This decrease was primarily driven by a decrease in interest rates and investment balance.

Interest income was $6.1 million for the six months ended June 30, 2025 compared to $7.8 million for the six months ended June 30, 2024, a decrease of $1.7 million, or 22%. This decrease was primarily driven by a decrease in interest rates and investment balance.

Interest expense

Three months ended June 30,Six months ended June 30,20252024% Change20252024% Change(in thousands)(in thousands)Interest expense$3,164 $464 582 %$6,337 $1,043 508 %

Interest expense was $3.2 million for the three months ended June 30, 2025 compared to $0.5 million for the three months ended June 30, 2024, an increase of $2.7 million, or 582%. Interest expense increased primarily due to the coupon interest of the 2028 Notes issued in December 2024.

46

Interest expense was $6.3 million for the six months ended June 30, 2025 compared to $1.0 million for the six months ended June 30, 2024, an increase of $5.3 million, or 508%. Interest expense increased primarily due to the coupon interest of the 2028 Notes issued in December 2024.

Other income (expense), net

Three months ended June 30,Six months ended June 30,20252024% Change20252024% Change(in thousands)(in thousands)Other income (expense), net$39 $193 (80)%$(41)$104 (139)%

Other income was less than $0.1 million for the three months ended June 30, 2025 compared to $0.2 million for the three months ended June 30, 2024, a decrease of $0.2 million. The change was mainly driven by our foreign currency transaction gains and losses between the periods.

Other expense was less than $0.1 million for the six months ended June 30, 2025 compared to other income of $0.1 million for the six months ended June 30, 2024, a decrease of $0.1 million. The change was mainly