Fastly Inc. reported record fourth quarter (Q4) 2025 revenue of USD 172.6 million, marking a 23% year-over-year increase. For the full year (FY) 2025, the company achieved a record gross margin of 61.4% in Q4 and a non-GAAP gross margin of 64.0%. Remaining Performance Obligations (RPO) at the end of Q4 reached USD 353.8 million, up 55% year-over-year. The company reported a GAAP net loss for FY 2025 of USD 121.7 million and a non-GAAP net income of USD 19.7 million. GAAP net loss per basic and diluted share for FY 2025 was USD 0.83, while non-GAAP net income per basic and diluted share stood at USD 0.13. Full year GAAP gross margin was 57.1% and non-GAAP gross margin was 60.9%. Fastly's enterprise customer count reached 628 in Q4 2025, up by 32 from the previous year, and its last 12-month net retention rate increased to 110% in Q4. Business highlights for the period include the rollout of Compute performance enhancements such as Early Hints and a beta C++ SDK, the expansion of API Security offerings with API Inventory, and recognition as a 2025 Gartner Peer Insights Customers' Choice for Cloud Web Application and API Protection for the seventh consecutive year. Fastly also raised USD 180 million through 0% convertible notes due 2030 and used USD 149 million to repurchase notes due 2026, improving its liquidity position. For Q1 2026, Fastly forecasts total revenue between USD 168 million and USD 174 million, and for full year 2026, revenue is expected in the range of USD 700 million to USD 720 million. Non-GAAP operating income is projected at USD 14 million to USD 18 million for Q1 2026, and USD 50 million to USD 60 million for the full year 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fastly Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001517413-26-000026), on February 11, 2026, and is solely responsible for the information contained therein.