Fastly, Inc. (NASDAQ:FSLY) shares soared in Wednesday's extended trading after the company released its fourth-quarter earnings report, beating estimates and issuing fiscal 2026 guidance above estimates.
Here's a look at the key figures from the quarter.
- FSLY stock is moving. Watch the price action here.
The Details: Fastly reported quarterly earnings of 12 cents per share, which beat the analyst estimate of six cents, according to data from Benzinga Pro.
Quarterly revenue of $172.61 million beat the Street estimate of $161.36 million and was up from $140.58 million in the same period last year.
Fastly reported the following fourth quarter metrics:
- Remaining Performance Obligations (RPO) were $354 million, up 55% from $228 million in the fourth quarter of 2024.
- Enterprise customer count was 628 in the fourth quarter, up 32 from the fourth quarter of 2024.
- Fastly’s top 10 customers accounted for 34% of revenue in the fourth quarter of 2025 compared to 32% in the fourth quarter of 2024. Revenue from the top 10 customers increased 28% year-over-year compared to revenue growth of 20% year-over-year from customers outside the top 10.
- Last 12-month net retention rate (LTM NRR) increased to 110% in the fourth quarter from 106% in the third quarter of 2025.
“Our fourth quarter results mark an inflection in Fastly’s growth as we achieved record revenue, gross margin and operating profit,” said Kip Compton, CEO of Fastly.
“In 2025 we made significant progress on Fastly’s transformation and delivered great results. As we look toward 2026, we anticipate continued momentum, with AI as an increasing tailwind for our business,” Compton added.
Outlook: Fastly expects fiscal 2026 adjusted EPS of 23 cents to 29 cents, versus the 14 cent analyst estimate, and revenue in a range of $700 million to $720 million, versus the $667.83 million estimate.
FSLY Stock Price: According to data from Benzinga Pro, Fastly stock rose 26.10% to $11.75 in Wednesday's extended trading.
Photo: Marko Aliaksandr / Shutterstock