Q4 25 EPS
$0.12
BEAT +109.06%
Est. $0.06
Q4 25 Revenue
$172.6M
BEAT +6.97%
Est. $161.4M
vs S&P Since Q4 25
+34.3%
BEATING MARKET
FSLY +43.7% vs S&P +9.3%
Full Year 2025 Results
FY 25 EPS
$0.13
BEAT +135.93%
Est. $0.06
FY 25 Revenue
$624.0M
BEAT +1.83%
Est. $612.8M
Market Reaction
Did FSLY Beat Earnings? Q4 2025 Results
Fastly delivered what its CEO called an "inflection in Fastly's growth" in Q4 2025, posting a blowout quarter that beat on every major metric and signaled a genuine profitability turn for the edge cloud company. The company earned $0.12 per diluted s… Read more Fastly delivered what its CEO called an "inflection in Fastly's growth" in Q4 2025, posting a blowout quarter that beat on every major metric and signaled a genuine profitability turn for the edge cloud company. The company earned $0.12 per diluted share, more than doubling the $0.06 consensus estimate for a 115.44% EPS beat, while revenue climbed 22.8% year over year to $172.61 million against expectations of $161.37 million. The single most compelling driver was a dramatic margin expansion, with GAAP gross margin surging to 61.4% from 53.4% a year ago, helping swing non-GAAP operating income to a positive $21.23 million from a loss of $2.79 million in Q4 2024. Security revenue grew 32% year over year and remaining performance obligations hit a record $353.80 million, up 55%, providing unusually strong forward visibility. Several analysts raised price targets following the report, reflecting confidence in management's full-year 2026 revenue guidance of $700 million to $720 million. The results will sharpen competitive questions across the sector, as rival edge providers face scrutiny over their own growth trajectories.
Key Takeaways
- • 23% year-over-year revenue growth driven by acceleration across all product lines
- • Security revenue grew 32% YoY and now represents 20% of total revenue
- • Record GAAP gross margin of 61.4% and non-GAAP gross margin of 64.0%
- • LTM net retention rate improved to 110% from 106% in Q3 2025
- • Top ten customers grew revenue 28% year-over-year
- • RPO grew 55% year-over-year to a record $353.8 million
FSLY YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
FSLY Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our fourth quarter results mark an inflection in Fastly's growth as we achieved record revenue, gross margin, and operating profit.”
— Kip Compton, Q4 2025 Earnings Press Release
FSLY Earnings Trends
FSLY vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
FSLY EPS Trend
Earnings per share: estimate vs actual
FSLY Revenue Trend
Quarterly revenue: estimate vs actual
FSLY Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.09 | $0.13 | +50.29% | $173.0M | +0.72% |
| Q4 25 BEAT FY | $0.06 | $0.12 | +109.06% | $172.6M | +6.97% |
| FY Full Year | $0.06 | $0.13 | +135.93% | $624.0M | +1.83% |
| Q3 25 BEAT | $0.00 | $0.07 | +34,900.00% | $158.2M | +4.76% |
| Q2 25 BEAT | $-0.05 | $-0.03 | +42.75% | $148.7M | +2.66% |
| Q1 25 BEAT | $-0.06 | $-0.05 | +19.61% | $144.5M | +4.39% |