Superworth

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

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross 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

QuarterEndedNet margin, 12 monthsChange on a yearOperating 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.

CompanyProfit margin
FSLYFastly−11.8%
FRSHFreshworks20.5%
QTWOQ210.9%
AVPTAvePoint15.3%
AGYSAgilysys13.0%
CCCCCC Intelligent Solutions3.8%
SPSCSPS Commerce10.1%
WKWorkiva4.9%
KDKyndryl0.6%
ALRMAlarm.com11.1%
BBBLACKBERRY13.1%
Peer median11.0%

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.