Fastly Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Public

  • Employees
  • 1,207

Employees

  • Stock Symbol
  • FSLY

Stock Symbol

  • Investments
  • 8

  • Share Price
  • $10.28
  • (As of Friday Closing)

Fastly General Information

Description

Fastly operates a content delivery network, which is necessary for entities to provide faster and more reliable online content. Fastly's strategy differs from traditional CDNs, which focus on locating servers in as many locations as possible to store copies of files that consumers most use. Fastly is in far fewer sites than traditional CDNs, but it houses servers in the most network-dense data centers. Instead of simply storing static content, it allows its customers to program on its platform, enabling edge computing and better service of the more dynamic content that was traditionally not well served by CDNs. Fastly gears its service to the largest, most sophisticated enterprises rather than small companies and generated nearly three fourths of its revenue in the United States in 2023.

Contact Information

Website
www.fastly.com
Formerly Known As
SkyCache
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 475 Brannan Street
  • Suite 300
  • San Francisco, CA 94107
  • United States
+1 (844)
Primary Industry
Application Software
Other Industries
Systems and Information Management
Media and Information Services (B2B)
Stock Exchange
NYS
Vertical(s)
Mobility Tech, SaaS, Supply Chain Tech, TMT
Corporate Office
  • 475 Brannan Street
  • Suite 300
  • San Francisco, CA 94107
  • United States
+1 (844)

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Fastly Stock Performance

As of 24-Jan-2025, Fastly’s stock price is $10.28. Its current market cap is $1.44B with 140M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$10.28 $10.44 $5.52 - $25.87 $1.44B 140M 3.28M -$1.09

Fastly Financials Summary

As of 30-Sep-2024, Fastly has a trailing 12-month revenue of $541M.

In Thousands,
USD
TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 1,159,815 2,465,126 1,310,970 4,571,666
Revenue 540,874 505,988 432,725 354,330
EBITDA (88,052) (75,418) (127,522) (168,628)
Net Income (148,558) (133,088) (190,774) (222,697)
Total Assets 1,471,754 1,525,191 1,896,113 2,159,020
Total Debt 413,802 433,319 833,538 1,052,008
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Fastly Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Fastly‘s full profile, request access.

Request a free trial

Fastly Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

This information is available in the PitchBook Platform. To explore Fastly‘s full profile, request access.

Request a free trial

Fastly Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Fastly operates a content delivery network, which is necessary for entities to provide faster and more reliable online c
Application Software
San Francisco, CA
1,207 As of 2023

San Francisco, CA
 

New York, NY
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Fastly Competitors (17)

One of Fastly’s 17 competitors is Cloudflare, a Formerly VC-backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cloudflare Formerly VC-backed San Francisco, CA
DigitalOcean Formerly VC-backed New York, NY
Datadog Formerly VC-backed New York, NY
CDNetworks Corporate Backed or Acquired Singapore, Singapore
Akamai Technologies Formerly VC-backed Cambridge, MA
You’re viewing 5 of 17 competitors. Get the full list »

Fastly Patents

Fastly Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240073235-A1 System and method for chaos testing in an edge network Pending 30-Aug-2022
US-20230254149-A1 Probabilistic data structure for managing tokens Pending 07-Feb-2022
US-20230008525-A1 Self-trace for client-server connections Inactive 07-Jul-2021
US-20220377007-A1 Enhanced infrastructure routing with prefixed network addressing in content delivery networks Inactive 20-May-2021
US-20220286398-A1 System and method for deterministic hash addressing Active 05-Mar-2021 H04L45/7453
To view Fastly’s complete patent history, request access »

Fastly Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Fastly Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore Fastly‘s full profile, request access.

Request a free trial

Fastly Investments & Acquisitions (8)

Fastly’s most recent deal was a Merger/Acquisition with Domainr. The deal was made on 17-Aug-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Domainr 17-Aug-2023 Merger/Acquisition Internet Software
Glitch 09-May-2022 Merger/Acquisition Software Development Applications
Fanout 30-Mar-2022 Merger/Acquisition Business/Productivity Software
OpenLattice 01-Jan-2022 Merger/Acquisition Business/Productivity Software
Signal Sciences 01-Oct-2020 Merger/Acquisition Business/Productivity Software
You’re viewing 5 of 8 investments and acquisitions. Get the full list »

Fastly ESG

Risk Overview

Risk Rating

Updated September, 07, 2023

24.24 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,104

Rank

Percentile

Software & Services

Industry

of 962

Rank

Percentile

Internet Software and Services

Subindustry

of 219

Rank

Percentile

To view Fastly’s complete esg history, request access »

Affiliates

Subsidiaries (3)

Name Industry Location Year Founded
Fanout Mountain View, CA 2011
Domainr San Francisco, CA 2008
Glitch New York, NY 2000

Fastly FAQs

  • When was Fastly founded?

    Fastly was founded in 2011.

  • Where is Fastly headquartered?

    Fastly is headquartered in San Francisco, CA.

  • What is the size of Fastly?

    Fastly has 1,207 total employees.

  • What industry is Fastly in?

    Fastly’s primary industry is Application Software.

  • Is Fastly a private or public company?

    Fastly is a Public company.

  • What is Fastly’s stock symbol?

    The ticker symbol for Fastly is FSLY.

  • What is the current stock price of Fastly?

    As of 24-Jan-2025 the stock price of Fastly is $10.28.

  • What is the current market cap of Fastly?

    The current market capitalization of Fastly is $1.44B.

  • What is Fastly’s current revenue?

    The trailing twelve month revenue for Fastly is $541M.

  • Who are Fastly’s competitors?

    Cloudflare, DigitalOcean, Datadog, CDNetworks, and Akamai Technologies are some of the 17 competitors of Fastly.

  • What is Fastly’s annual earnings per share (EPS)?

    Fastly’s EPS for 12 months was -$1.09.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »