FSLY Fastly margins

Relative Growth: Rel. Growth: 79

Relative Strength: Rel. Strength: 36

Relative Valuation: Rel. Valuation: 13

Relative Profitability: Rel. Profitability: 41

Gross margin

62.6%

Operating margin

-9%

EBITDA margin

5.1%

Net margin

-8.7%

Fastly shows its operating margin is negative at -9%, and its net margin is negative at -8.7%, with a gross margin of 62.6%, an operating margin of -9%, an EBITDA margin of 5.1%, and a net margin of -8.7%. All measured margins increased year over year, led by net margin with an increase of 14.8 percentage points.

FSLY margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Fastly recorded average margins of 56.08% gross, -25.95% operating, -4.73% EBITDA, and -22.67% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.

FSLY margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with net margin showing the largest gain at 14.8 percentage points.

Gross margin expansion

7.6pp

Operating margin expansion

14.4pp

EBITDA margin expansion

9.1pp

Net margin expansion

14.8pp

FSLY Gross margin

Fastly recorded an average gross margin of 56.08% across the last 3 years. Fastly currently reports a gross margin of 62.6%, 6.5 percentage points above its three-year average. Fastly's gross margin ranged from a low of 52.6% in Dec 2023 to a high of 62.6% in Sep 2026.

FSLY Operating margin

Fastly's operating margin averaged -25.95% over the last 3 years. Compared with its three-year average, Fastly's current operating margin is -9% and is 17 percentage points above its three-year average. Over the last 3 years, Fastly's operating margin peaked at -9% in Sep 2026 and reached a low of -39.1% in Dec 2023.

FSLY EBITDA margin

The average EBITDA margin for Fastly was -4.73% during the last 3 years. Compared with its three-year average, Fastly's current EBITDA margin is 5.1% and is 9.8 percentage points above its three-year average. The EBITDA margin for Fastly moved between -12.5% in Jun 2024 and 5.1% in Sep 2026.

FSLY Net margin

The average net margin for Fastly was -22.67% across the past 3 years. At present, the current net margin for Fastly is -8.7%, 14 percentage points above its three-year average. The net margin for Fastly moved between -31% in Jun 2024 and -8.7% in Sep 2026.

FSLY margin group comparison

Margins compared with peer-group, industry and sector averages

Fastly's gross margin of 62.6% is higher than the Technology sector average but lower than the industry average. In comparison with the Technology sector average of 52.5%, Fastly's gross margin is 19% higher.

FSLY margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Fastly's gross margin?

For the period ending Sep 30, 2026, FSLY recorded a gross margin of 62.6%.

What is Fastly's operating margin?

As of Sep 30, 2026, FSLY has a negative operating margin of -9%.

What is Fastly's EBITDA margin?

The current EBITDA margin for FSLY is 5.1% as of Sep 30, 2026.

What is Fastly's net margin?

As of Sep 30, 2026, FSLY has a negative net margin of -8.7%.

What are the average margins of FSLY?

Across the last 3 years, FSLY averaged 56.1% gross, -26.0% operating, -4.7% EBITDA, and -22.7% net.

What are the highest historical margins of FSLY?

Looking back across 5 years, FSLY reached 62.6% gross in Sep 2026, -9% operating in Sep 2026, 5.1% EBITDA in Sep 2026, and -8.7% net in Sep 2026.

What are the lowest historical margins of FSLY?

Over the last 5 years, Fastly's lowest margins were 47.9% gross in Sep 2022, -63.1% operating in Jun 2022, -41.4% EBITDA in Mar 2022, and -63.5% net in Mar 2022.