Company: FSLY
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001517413-25-000218
Chunk: 322

Company: Fastly, Inc.
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 8
Chunk 322
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 2024$(12)$(270)$(282)Foreign Currency Translation Available-for-sale investmentsAccumulated Other Comprehensive LossBalance, December 31, 2024$(12)$(88)$(100)Other comprehensive loss— (69)(69)Balance, June 30, 2025$(12)$(157)$(169)Foreign Currency Translation Available-for-sale investmentsAccumulated Other Comprehensive LossBalance, December 31, 2023$(12)$(996)$(1,008)Other comprehensive income— 726 726 Balance, June 30, 2024$(12)$(270)$(282)There were no material reclassifications out of accumulated other comprehensive loss during the three and six months ended June 30, 2025 and 2024. Additionally, there was no material tax impact on the amounts presented.

6.     Leases

The Company has operating leases for corporate offices and data centers (“colocation” leases), and finance leases for networking equipment. The Company’s operating leases have remaining lease terms ranging from less than 1 year to 9 years, some of which include options to extend the leases. The Company’s finance leases have remaining lease terms less than 1 year. During the three months ended June 30, 2025, the Company has extended the lease term of its corporate headquarters to July of 2034. The Company also subleases a portion of its corporate office spaces. The Company’s subleases have remaining lease terms ranging from less than 1 year to 5 years. The Company’s sublease income was $0.2 million and $0.3 million for the three months ended June 30, 2025 and 2024, respectively. The Company’s sublease income was $0.4 million and $0.7 million for the six months ended June 30, 2025 and 2024, respectively. 

20

The components of lease cost were as follows:Three months ended June 30,Six months ended June 30,2025202420252024(in thousands)Operating lease costs:Operating lease cost$6,719 $6,832 $13,301 $13,438 Variable lease cost5,154 3,981 10,127 8,228 Total operating lease costs$11,873 $10,813 $23,428 $21,666 Finance lease costs:Amortization of assets under finance lease$2