Fastly profit margin FSLY
Gross, operating and net profit as a share of revenue over the last twelve months, from 2018.
- Net margin, 12 months
- −11.8%
- Operating margin, 12 months
- −12.0%
- Net margin on a year earlier
- +14.0 pts
- Peer median
- 11.0%
Over the twelve months to Jun 30, 2026, Fastly kept −11.8% of its revenue as net profit, with an operating margin of −12.0% and a gross margin of 61.5%.
Five years earlier its net margin was −55.2%.
The median for 10 infrastructure software stocks of a similar size is 11.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −19.5% | −19.1% | 57.1% |
| FY2024 | −29.1% | −30.9% | 54.4% |
| FY2023 | −26.3% | −39.1% | 52.6% |
| FY2022 | −44.1% | −56.9% | 48.5% |
| FY2021 | −62.9% | −61.8% | 52.9% |
| FY2020 | −33.0% | −36.9% | 58.7% |
| FY2019 | −25.7% | −23.2% | 55.9% |
| FY2018 | −21.4% | −20.2% | 54.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | −11.8% | +14.0 pts | −12.0% | |
| Q1 FY26 | −15.8% | +11.9 pts | −16.0% | |
| Q4 FY25 | −19.5% | +9.6 pts | −19.1% | |
| Q3 FY25 | −23.5% | +4.0 pts | −23.4% | |
| Q2 FY25 | −25.8% | +5.2 pts | −26.3% | |
| Q1 FY25 | −27.7% | −2.5 pts | −28.8% | |
| Q4 FY24 | −29.1% | −2.8 pts | −30.9% | |
| Q3 FY24 | −27.5% | +4.6 pts | −32.6% | |
| Q2 FY24 | −31.0% | +4.3 pts | −36.5% | |
| Q1 FY24 | −25.3% | +13.0 pts | −37.7% | |
| Q4 FY23 | −26.3% | +17.8 pts | −39.1% | |
| Q3 FY23 | −32.1% | +17.0 pts | −41.8% |
Against its peers
Companies in Software - Infrastructure nearest Fastly's size, closest first, today.
| Company | Profit margin |
|---|---|
| FSLYFastly | −11.8% |
| FRSHFreshworks | 20.5% |
| QTWOQ2 | 10.9% |
| AVPTAvePoint | 15.3% |
| AGYSAgilysys | 13.0% |
| CCCCCC Intelligent Solutions | 3.8% |
| SPSCSPS Commerce | 10.1% |
| WKWorkiva | 4.9% |
| KDKyndryl | 0.6% |
| ALRMAlarm.com | 11.1% |
| BBBLACKBERRY | 13.1% |
| Peer median | 11.0% |
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Fastly
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.