FASTLY INC - CLASS A (FSLY) Stock Fundamental Analysis

NASDAQ:FSLY • US31188V1008

18.08 USD
+0.01 (+0.06%)
At close: Feb 20, 2026
18.0824 USD
+0 (+0.01%)
After Hours: 2/20/2026, 9:38:15 PM
Fundamental Rating

3

Overall FSLY gets a fundamental rating of 3 out of 10. We evaluated FSLY against 87 industry peers in the IT Services industry. FSLY scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. FSLY is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

  • In the past year FSLY was profitable.
  • In the past year FSLY had a positive cash flow from operations.
  • FSLY had negative earnings in each of the past 5 years.
  • In multiple years FSLY reported negative operating cash flow during the last 5 years.
FSLY Yearly Net Income VS EBIT VS OCF VS FCFFSLY Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -100M -200M

1.2 Ratios

  • FSLY's Return On Assets of -9.46% is on the low side compared to the rest of the industry. FSLY is outperformed by 68.97% of its industry peers.
  • FSLY has a Return On Equity of -14.84%. This is in the lower half of the industry: FSLY underperforms 60.92% of its industry peers.
Industry RankSector Rank
ROA -9.46%
ROE -14.84%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
FSLY Yearly ROA, ROE, ROICFSLY Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 2025 -10 -20 -30 -40

1.3 Margins

  • FSLY has a Gross Margin of 54.95%. This is in the better half of the industry: FSLY outperforms 78.16% of its industry peers.
  • FSLY's Gross Margin has been stable in the last couple of years.
  • FSLY does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 54.95%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.59%
GM growth 5Y-0.57%
FSLY Yearly Profit, Operating, Gross MarginsFSLY Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40 -40 -60

4

2. Health

2.1 Basic Checks

  • FSLY does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • FSLY has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
FSLY Yearly Shares OutstandingFSLY Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M
FSLY Yearly Total Debt VS Total AssetsFSLY Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.2 Solvency

  • FSLY has an Altman-Z score of 2.21. This is not the best score and indicates that FSLY is in the grey zone with still only limited risk for bankruptcy at the moment.
  • With a Altman-Z score value of 2.21, FSLY perfoms like the industry average, outperforming 45.98% of the companies in the same industry.
  • FSLY has a debt to FCF ratio of 9.90. This is a negative value and a sign of low solvency as FSLY would need 9.90 years to pay back of all of its debts.
  • FSLY has a Debt to FCF ratio (9.90) which is comparable to the rest of the industry.
  • A Debt/Equity ratio of 0.16 indicates that FSLY is not too dependend on debt financing.
  • FSLY's Debt to Equity ratio of 0.16 is fine compared to the rest of the industry. FSLY outperforms 64.37% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 9.9
Altman-Z 2.21
ROIC/WACCN/A
WACC9.42%
FSLY Yearly LT Debt VS Equity VS FCFFSLY Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200M 400M 600M 800M 1B

2.3 Liquidity

  • FSLY has a Current Ratio of 1.46. This is a normal value and indicates that FSLY is financially healthy and should not expect problems in meeting its short term obligations.
  • FSLY's Current ratio of 1.46 is in line compared to the rest of the industry. FSLY outperforms 41.38% of its industry peers.
  • FSLY has a Quick Ratio of 1.46. This is a normal value and indicates that FSLY is financially healthy and should not expect problems in meeting its short term obligations.
  • FSLY's Quick ratio of 1.46 is in line compared to the rest of the industry. FSLY outperforms 42.53% of its industry peers.
Industry RankSector Rank
Current Ratio 1.46
Quick Ratio 1.46
FSLY Yearly Current Assets VS Current LiabilitesFSLY Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

4

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 184.62% over the past year.
  • Looking at the last year, FSLY shows a quite strong growth in Revenue. The Revenue has grown by 14.78% in the last year.
  • FSLY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 16.49% yearly.
EPS 1Y (TTM)184.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%500%
Revenue 1Y (TTM)14.78%
Revenue growth 3Y12.98%
Revenue growth 5Y16.49%
Sales Q2Q%22.79%

3.2 Future

  • FSLY is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -20.65% yearly.
  • FSLY is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.74% yearly.
EPS Next Y26.11%
EPS Next 2Y35.16%
EPS Next 3Y16.38%
EPS Next 5Y-20.65%
Revenue Next Year15.33%
Revenue Next 2Y13.31%
Revenue Next 3Y11.75%
Revenue Next 5Y7.74%

3.3 Evolution

  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
FSLY Yearly Revenue VS EstimatesFSLY Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 200M 400M 600M 800M 1B
FSLY Yearly EPS VS EstimatesFSLY Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 0 0.2 -0.2 -0.4 -0.6

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 164.36, which means the current valuation is very expensive for FSLY.
  • FSLY's Price/Earnings is on the same level as the industry average.
  • FSLY is valuated expensively when we compare the Price/Earnings ratio to 26.99, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 130.33 indicates a quite expensive valuation of FSLY.
  • The rest of the industry has a similar Price/Forward Earnings ratio as FSLY.
  • FSLY's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 28.06.
Industry RankSector Rank
PE 164.36
Fwd PE 130.33
FSLY Price Earnings VS Forward Price EarningsFSLY Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

  • FSLY's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 79.11
EV/EBITDA N/A
FSLY Per share dataFSLY EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • A more expensive valuation may be justified as FSLY's earnings are expected to grow with 16.38% in the coming years.
PEG (NY)6.3
PEG (5Y)N/A
EPS Next 2Y35.16%
EPS Next 3Y16.38%

0

5. Dividend

5.1 Amount

  • No dividends for FSLY!.
Industry RankSector Rank
Dividend Yield 0%

FASTLY INC - CLASS A

NASDAQ:FSLY (2/20/2026, 9:38:15 PM)

After market: 18.0824 +0 (+0.01%)

18.08

+0.01 (+0.06%)

Chartmill FA Rating
GICS IndustryGroupSoftware & Services
GICS IndustryIT Services
Earnings (Last)02-11
Earnings (Next)05-05
Inst Owners73.26%
Inst Owner Change5.37%
Ins Owners5.97%
Ins Owner Change-3.32%
Market Cap2.70B
Revenue(TTM)624.02M
Net Income(TTM)-139.06M
Analysts70
Price Target11.15 (-38.33%)
Short Float %10%
Short Ratio1.84
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)1.76%
Min Revenue beat(2)0.65%
Max Revenue beat(2)2.87%
Revenue beat(4)3
Avg Revenue beat(4)1.46%
Min Revenue beat(4)-0.32%
Max Revenue beat(4)2.87%
Revenue beat(8)4
Avg Revenue beat(8)0.21%
Revenue beat(12)6
Avg Revenue beat(12)0.24%
Revenue beat(16)9
Avg Revenue beat(16)0.62%
PT rev (1m)0%
PT rev (3m)39.51%
EPS NQ rev (1m)0%
EPS NQ rev (3m)363.33%
EPS NY rev (1m)0%
EPS NY rev (3m)173.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.62%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.45%
Valuation
Industry RankSector Rank
PE 164.36
Fwd PE 130.33
P/S 4.56
P/FCF 79.11
P/OCF 34.98
P/B 2.88
P/tB 11.32
EV/EBITDA N/A
EPS(TTM)0.11
EY0.61%
EPS(NY)0.14
Fwd EY0.77%
FCF(TTM)0.23
FCFY1.26%
OCF(TTM)0.52
OCFY2.86%
SpS3.96
BVpS6.27
TBVpS1.6
PEG (NY)6.3
PEG (5Y)N/A
Graham Number3.94
Profitability
Industry RankSector Rank
ROA -9.46%
ROE -14.84%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 54.95%
FCFM 5.77%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.59%
GM growth 5Y-0.57%
F-Score6
Asset Turnover0.4
Health
Industry RankSector Rank
Debt/Equity 0.16
Debt/FCF 9.9
Debt/EBITDA N/A
Cap/Depr 54.55%
Cap/Sales 7.28%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.46
Quick Ratio 1.46
Altman-Z 2.21
F-Score6
WACC9.42%
ROIC/WACCN/A
Cap/Depr(3y)51.63%
Cap/Depr(5y)76.09%
Cap/Sales(3y)6.88%
Cap/Sales(5y)10.69%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)184.62%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%500%
EPS Next Y26.11%
EPS Next 2Y35.16%
EPS Next 3Y16.38%
EPS Next 5Y-20.65%
Revenue 1Y (TTM)14.78%
Revenue growth 3Y12.98%
Revenue growth 5Y16.49%
Sales Q2Q%22.79%
Revenue Next Year15.33%
Revenue Next 2Y13.31%
Revenue Next 3Y11.75%
Revenue Next 5Y7.74%
EBIT growth 1Y15.59%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year749.22%
EBIT Next 3Y150.03%
EBIT Next 5Y88.32%
FCF growth 1Y208.63%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y1928.1%
OCF growth 3YN/A
OCF growth 5YN/A

FASTLY INC - CLASS A / FSLY FAQ

What is the ChartMill fundamental rating of FASTLY INC - CLASS A (FSLY) stock?

ChartMill assigns a fundamental rating of 3 / 10 to FSLY.


Can you provide the valuation status for FASTLY INC - CLASS A?

ChartMill assigns a valuation rating of 1 / 10 to FASTLY INC - CLASS A (FSLY). This can be considered as Overvalued.


How profitable is FASTLY INC - CLASS A (FSLY) stock?

FASTLY INC - CLASS A (FSLY) has a profitability rating of 2 / 10.


What is the financial health of FASTLY INC - CLASS A (FSLY) stock?

The financial health rating of FASTLY INC - CLASS A (FSLY) is 4 / 10.


What is the expected EPS growth for FASTLY INC - CLASS A (FSLY) stock?

The Earnings per Share (EPS) of FASTLY INC - CLASS A (FSLY) is expected to grow by 26.11% in the next year.