← Fastly, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $37.0m | $16.1m | $62.9m | $166.1m | $143.4m | $107.9m | $286.2m | $180.6m | |
| Accounts receivable, net of allowance for credit losses of $6,262 and $8,254 as of December 31, 2025 and December 31, 2024, respectively | $24.7m | $37.1m | $50.3m | $64.6m | $89.6m | $120.5m | $116.0m | $118.0m | |
| Prepaid expenses and other current assets | $8.9m | $11.0m | $16.7m | $32.2m | $28.9m | $20.5m | $28.3m | $26.9m | |
| Total current assets | $117.3m | $249.3m | $261.3m | $624.6m | $636.5m | $463.7m | $440.2m | $506.7m | |
| Property and equipment, net | $42.4m | $60.0m | $96.0m | $167.0m | $180.4m | $176.6m | $179.1m | $186.8m | |
| Goodwill | $360k | $372k | $635.6m | $636.8m | $670.2m | $670.4m | $670.4m | $670.4m | |
| Intangible assets, net | $610k | $1.1m | $121.7m | $102.6m | $82.9m | $62.5m | $42.9m | $25.8m | |
| Operating lease right-of-use assets, net | — | $0 | $60.0m | $69.6m | $68.4m | $55.2m | $50.4m | $52.1m | |
| Other assets | $2.2m | $10.1m | $45.4m | $29.5m | $92.6m | $90.8m | $68.4m | $57.8m | |
| Marketable securities, current | — | — | $131.3m | $361.8m | $374.6m | $214.8m | $9.7m | $181.2m | |
| Finance lease liabilities, current | — | $4.5m | $11.0m | $21.1m | $29.0m | $15.7m | $2.3m | $0 | |
| Operating lease liabilities, current | — | $0 | $19.9m | $20.3m | $23.0m | $24.0m | $25.2m | $24.4m | |
| Deferred revenue | — | — | — | — | — | — | $26.5m | $35.2m | |
| Other current liabilities | $2.5m | $8.2m | $19.7m | $45.1m | $34.4m | $40.5m | $29.3m | $7.5m | |
| Operating lease liabilities, non-current | — | $0 | $44.9m | $55.1m | $61.3m | $48.5m | $39.6m | $43.9m | |
| Total stockholders’ equity | ($131.9m) | $257.7m | $1.1b | $1.0b | $955.2m | $979.5m | $965.2m | $929.6m | |
| Total assets | $162.8m | $321.0m | $1.2b | $2.2b | $1.9b | $1.5b | $1.5b | $1.5b | |
| Total liabilities and stockholders’ equity | $162.8m | $321.0m | $1.2b | $2.2b | $1.9b | $1.5b | $1.5b | $1.5b | |
| Accounts payable | $2.3m | $4.6m | $9.2m | $9.3m | $4.8m | $5.6m | $6.0m | $17.6m | |
| Accrued expenses | $15.5m | $19.9m | $34.3m | $36.1m | $61.2m | $61.8m | $41.6m | $70.7m | |
| Long-term debt, current | — | — | — | — | — | — | $0 | $38.6m | |
| Total current liabilities | $31.8m | $37.1m | $94.1m | $131.9m | $152.3m | $147.7m | $104.5m | $194.0m | |
| Long-term debt, net | — | $20.1m | $0 | $933.2m | $704.7m | $343.5m | $337.6m | $323.3m | |
| Other long-term liabilities | $647k | $1.0m | $4.4m | $2.6m | $7.1m | $4.4m | $4.5m | $8.7m | |
| Total liabilities | $75.1m | $63.3m | $158.1m | $1.1b | $941.0m | $545.7m | $486.1m | $569.9m | |
| Common stock | $1k | $2k | $2k | $2k | $2k | $3k | $3k | $3k | |
| Additional paid-in capital | $16.4m | $449.5m | $1.4b | $1.5b | $1.7b | $1.8b | $2.0b | $2.0b | |
| Accumulated other comprehensive loss | ($36k) | $196k | $6k | ($2.6m) | ($9.3m) | ($1.0m) | ($100k) | ($41k) | |
| Accumulated deficit | ($146.2m) | ($192.0m) | ($288.2m) | ($510.9m) | ($701.7m) | ($834.8m) | ($992.8m) | ($1.1b) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.