Fastly, Inc. operates an edge cloud platform that processes, serves, and secures customer applications in the United States, Asia Pacific, Europe, and internationally. The platform provides network services, content delivery network features, video and streaming solutions, security solutions, load balancing, image optimization, and origin connect. It also offers professional services such as managed and response security services, managed CDN, and support plans. The company serves customers in ecommerce, streaming media, gaming, digital publishing, high tech, and financial services. Formerly known as SkyCache, Inc., it changed its name to Fastly, Inc. in May 2012. Fastly, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.
Fastly Posts 23% Revenue Growth as Security Sales Jump 43%
Fastly reported quarterly revenue of $183 million, up 23% year over year, with security revenue climbing 43% and delivery services revenue rising 17%, CFO Rich Wong said at a Piper Sandler conference. Remaining performance obligations increased 38% year over year, and the current portion of RPO rose 44%, which Wong attributed to stronger customer commitments amid component shortages. Wong credited the security growth to an expanded portfolio that now spans five security products, up from a single web application firewall, and to improved sales execution under Scott Lovett, who joined as head of sales in mid-2024. Bot management and DDoS protection each posted triple-digit year-over-year growth, and net retention reached a four-year high of 117%. Fastly also said it will hold an investor day at Nasdaq MarketSite in New York to discuss a longer-term operating model and its outlook over the next three years, though it does not plan to provide fiscal 2027 guidance at the event.
Comcast Rolls Out Fastly-Powered AI Edge Platform and Rural Broadband Builds
Comcast announced a Fastly-powered edge platform integrated across its nationwide network, targeting ultra-low latency services. The company reported new broadband buildouts in Glades County, Florida and Jackson County, Michigan, reaching thousands of previously under-connected locations. Management highlighted AI-focused edge capabilities, including support for streaming, gaming, and emerging AI services delivered closer to end users. The rollout embeds Fastly's software into more than 200 edge compute centers, extending Comcast's Connectivity & Platforms push into broadband innovation, intelligent WiFi, and bundled services. Comcast operates as a global media and technology group, a dual position that lets it test AI-focused connectivity services on its own network footprint while also selling them to customers.
Comcast and Fastly Launch Industry-First Edge Delivery Partnership for Xfinity Streaming
Comcast and Fastly announced a next-generation content and application delivery partnership that embeds Fastly's programmable edge software into Comcast's edge compute platform, pushing live streaming content closer to customers' homes for millions of Xfinity members. The deployment creates an industry-first hyper-local service layer across Comcast's nationwide network, which includes more than 200 AI-powered, data-processing edge compute centers distributed across the country. Initial results have demonstrated substantial gains in data delivery and significant reductions in round-trip latency compared to traditional content delivery mechanisms, with the platform designed to handle massive live streaming traffic, real-time security, edge compute, and AI services. Elad Nafshi, Chief Network Officer at Comcast, said the stakes will never be higher than during the upcoming fall football season, when a single streaming game can drive record network traffic, and that integrating Fastly establishes a new approach for delivering the biggest moments in streaming. Kip Compton, Chief Executive Officer at Fastly, said extending Fastly's platform into Comcast's network brings more local performance and real-time traffic management to streaming, compute, and security applications while infusing intelligence into the network layer for the AI era.
Content Delivery Stocks Beat Q2 Revenue Estimates by 3.6%
The four content delivery stocks tracked by this publication reported a very strong second quarter, with group revenues beating analysts' consensus estimates by 3.6% and next quarter's revenue guidance coming in 1.8% above expectations. Akamai Technologies reported revenues of $1.1 billion, up 5.4% year on year, but delivered the weakest performance against analyst estimates, weakest guidance update, and slowest revenue growth among its peers, with its stock down 4.9% since reporting. Fastly reported revenues of $183.3 million, up 23.3% year on year, achieving the biggest analyst estimate beat and highest guidance raise of the group, though its stock fell 8.3% since reporting. F5 reported revenues of $865.1 million, up 10.9% year on year, while Cloudflare reported revenues of $696.1 million, up 35.9% year on year, scoring the fastest revenue growth in the group and seeing its stock rise 3% since reporting.
Fastly Shares Rise After Joining Experian's Agent Trust Ecosystem
Shares of edge cloud platform Fastly jumped 3.7% in the afternoon session after the company joined Experian's Agent Trust ecosystem to help businesses verify AI agents and authorize transactions in real time. The collaboration with Experian aims to enhance security and trust as autonomous commerce grows. Fastly closed at $20.23, up 4.1% from the previous close. The stock has had 60 moves greater than 5% over the last year, indicating the market considers this news meaningful but not fundamentally perception-changing.
Fastly CEO Sold Over 18,000 Shares Under Pre-Arranged Trading Plan
Fastly CEO Charles Lacey “Kip” Compton III sold 18,485 shares of Class A Common Stock on July 16 and 17, 2026, at a weighted average price of $20.74 per share, realizing approximately $383,400. The transactions were executed under a Rule 10b5-1 trading plan established in August 2025, with 11,412 shares sold to cover tax withholding obligations and the remaining 7,073 shares sold as a non-discretionary part of the plan. Following the sales, Compton retains 1,045,460 shares directly, representing a 0.67% ownership stake in the company. Fastly reported trailing twelve-month revenue of $652.6 million and a net loss of $103.1 million, with a market capitalization of $3.2 billion as of the July 17 close.
AppLovin revenue surges 59% year over year in Q1 2026, Fastly grows 20%
AppLovin reported first-quarter 2026 revenue of $1.8 billion, a 59% year-over-year increase, while Fastly posted $173.0 million, up 20%. AppLovin's quarterly sales rose every quarter in 2025 and reached $1.8 billion in Q1 2026, with a net income margin of 65% for the period. Fastly's Q1 revenue represented its slow and steady expansion, but its stock fell in May after the company forecasted full-year 2026 sales between $710 million and $725 million, implying about 16% growth over 2025. AppLovin expects Q2 sales of approximately $1.9 billion, continuing its rapid expansion in the mobile advertising market, and trades at a price-to-sales ratio of 28 compared to Fastly's multiple of four.
Content delivery stocks beat Q1 revenue estimates by 1.8%
Content delivery stocks tracked by the publication reported a strong first quarter, with aggregate revenues beating analysts' consensus estimates by 1.8%. F5 led the group with revenue of $811.7 million, up 11% year on year and exceeding expectations by 3.7%, while also posting the biggest analyst estimate beat and highest guidance raise. Cloudflare's revenue grew 33.5% to $639.8 million, the fastest among peers, and Akamai reported $1.07 billion, up 5.8% but with the weakest performance against estimates. Fastly's revenue rose 19.8% to $173 million and it delivered the highest full-year guidance raise, though its stock fell 42.4% since reporting. On average, share prices of the four companies are down 1.7% since their latest earnings results.
Fastly President Scott Lovett Sold 41,716 Shares Under Pre-Arranged Trading Plan
Fastly President of Go to Market Scott R. Lovett sold 41,716 shares of common stock on June 17, 2026, for approximately $741,000, according to an SEC filing. The sale was executed under a Rule 10b5-1 trading plan adopted in February 2025 and represented 2.91% of his direct holdings, leaving him with 1,392,778 shares. The transaction occurred as Fastly shares closed at $17.41, down from a 52-week high of $34.82 in April, but the company reported 20% year-over-year revenue growth to $173 million in the first quarter and forecast full-year sales of at least $710 million.
Content delivery stocks beat Q1 revenue estimates but shares fall 6% on average
The four content delivery network stocks tracked by StockStory reported a strong first quarter, with aggregate revenue beating analyst consensus by 1.8% while next-quarter revenue guidance was in line. Akamai Technologies posted revenue of $1.07 billion, up 5.8% year on year and in line with expectations, but its EPS guidance missed, making it the weakest performer on estimates, guidance, and growth. F5 delivered the biggest beat, with revenue of $811.7 million up 11% year on year and full-year EPS guidance above expectations, sending its stock up 25.4%. Fastly grew revenue 19.8% to $173 million and exceeded EPS guidance, yet its shares fell 43.6%, while Cloudflare posted the fastest revenue growth at 33.5% to $639.8 million but had the weakest full-year guidance update, and its stock dropped 12.8%. On average, share prices across the group are down 6% since reporting.
StockStory Highlights AMD and BWXT as Growth Picks, Flags Fastly as Risky
StockStory identifies Advanced Micro Devices and BWX Technologies as growth stocks to watch while warning that Fastly faces an uphill battle. AMD posted 35% one-year revenue growth and is projected to accelerate to 47.6%, with earnings per share rising 23% annually over five years. BWXT achieved 21.4% one-year revenue growth and expects 14.7% growth next year, supported by an 8.7 percentage point expansion in free cash flow margin over five years. Fastly, in contrast, struggles with a 107% net revenue retention rate, a 59.4% gross margin, and persistent operating losses.
Upland Software, Fastly, and Strategy stocks fall as investors rotate from growth names
Upland Software, Fastly, and Strategy shares declined in afternoon trading as investors rotated out of high-multiple growth stocks. Upland Software fell 8%, Fastly dropped 6.1%, and Strategy lost 5%. The sell-off was driven by May import price data showing a 1.9% monthly rise versus a 1.1% forecast and an annual gain of 6.7%, the largest since August 2022, which complicated inflation expectations ahead of new Federal Reserve Chairman Kevin Warsh's first meeting. Additional pressure came from a Bank of America fund manager survey that showed portfolio managers cutting tech allocations and naming an AI bubble as the second-largest tail risk, cited by 28% of respondents, while SpaceX's $60 billion acquisition of AI coding platform Cursor signaled consolidation of valuable AI software assets.
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