Financials Fastly, Inc.

Equities

FSLY

US31188V1008

IT Services & Consulting

Market Closed - Nasdaq Other stock markets 04:00:00 2026-01-14 pm EST			After hours 06:23:41 pm
9.205 ^USD	-0.70%		8.965	-2.61%

Jan. 07	Fastly Insider Sold Shares Worth $410,800, According to a Recent SEC Filing	MT
Jan. 05	RBC Raises Price Target on Fastly to $10 From $9, Keeps Sector Perform Rating	MT

Projected Income Statement: Fastly, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	290.9	354.3	432.7	506	543.7	612.8	667.8	717.5
Change	-	21.82%	22.12%	16.93%	7.45%	12.71%	8.98%	7.45%
EBITDA ¹	3.061	-25.93	-32.94	15.46	27.51	65.89	78.18	98.34
Change	-	-946.98%	-27.07%	146.93%	77.97%	139.47%	18.66%	25.79%
EBIT ¹	-16.92	-55.13	-76.47	-36.68	-27.02	11.32	27.01	38.83
Change	-	-225.89%	-38.69%	52.03%	26.33%	141.89%	138.62%	43.74%
Interest Paid ¹	-1.549	-5.245	-5.887	-4.051	-2.747	-12.65	-12.54	-
Earnings before Tax (EBT) ¹	-107.4	-222.6	-190.7	-133.3	-155.5	-134.5	-127.7	-
Change	-	-107.27%	14.35%	30.09%	-16.61%	13.5%	5.01%	-
Net income ¹	-95.93	-222.7	-190.8	-133.1	-158.1	-133.9	-121.3	-95.72
Change	-	-132.14%	14.33%	30.24%	-18.76%	15.3%	9.42%	21.07%
Announcement Date	2/17/21	2/16/22	2/15/23	2/14/24	2/12/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3
Net sales ¹	82.65	84.85	85.03	87	97.72	102.4	102.5	108.5	119.3	117.6	122.8	127.8	137.8	133.5	132.4	137.2	140.6	144.5	148.7	158.2	161.4	159.6	162.9	170.7	175.2	172.9	177.4	186.9
Change	-	2.67%	0.21%	2.32%	12.32%	4.77%	0.13%	5.84%	9.97%	-1.47%	4.48%	4.06%	7.79%	-3.09%	-0.86%	3.65%	2.46%	2.77%	2.93%	6.4%	1.98%	-1.08%	2.06%	4.8%	2.63%	-1.32%	2.61%	5.34%
EBITDA ¹	-3.392	-6.414	-9.567	-5.446	-3.506	-7.765	-16.03	-9.055	-0.091	-1.895	5.245	0.65	11.46	3.736	0.77	13.26	9.747	7.805	8.911	25.71	23.51	15.45	17.13	21.24	24.3	21.34	24.63	25.33
Change	-	-89.09%	-49.16%	43.08%	35.62%	-121.48%	-106.48%	43.52%	99%	-1,982.42%	376.78%	-87.61%	1,662.92%	-67.4%	-79.39%	1,622.21%	-26.5%	-19.92%	14.17%	188.51%	-8.55%	-34.29%	10.91%	23.96%	14.39%	-12.15%	15.4%	2.85%
EBIT ¹	-8.96	-12.9	-17.56	-12.94	-11.73	-17.74	-26.89	-19.84	-11.99	-14.07	-7.785	-12.55	-2.268	-9.664	-12.67	-0.52	-4.164	-5.845	-4.594	11.61	10.16	3.357	4.321	8.7	10.2	8.444	11.63	12.18
Change	-	-44.03%	-36.07%	26.34%	9.28%	-51.18%	-51.6%	26.22%	39.55%	-17.34%	44.69%	-61.23%	81.93%	-326.1%	-31.14%	95.9%	-700.77%	-40.37%	21.4%	352.68%	-12.45%	-66.97%	28.71%	101.36%	17.28%	-17.24%	37.75%	4.75%
Charge d'intérêts ¹	-0.452	-0.661	-1.436	-1.555	-1.593	-1.622	-1.53	-1.381	-1.354	-1.213	-1.232	-0.862	-0.744	-0.579	-0.464	-0.473	-1.231	-3.173	-3.173	-3.161	-3.147	-3.147	-3.147	-3.147	-3.147	-	-	-
Earnings before Tax (EBT) ¹	-58.32	-50.51	-58.45	-56.17	-57.5	-64.22	-16.28	-63.3	-46.88	-44.55	-10.59	-54.31	-23.85	-43.08	-43.07	-37.56	-31.74	-38.46	-36.98	-28.92	-32.3	-33.7	-36	-35.6	-37.6	-	-	-
Change	-	13.38%	-15.71%	3.9%	-2.36%	-11.7%	74.65%	-288.88%	25.95%	4.96%	76.22%	-412.67%	56.09%	-80.62%	0.03%	12.79%	15.48%	-21.14%	3.83%	21.79%	-11.67%	-4.33%	-6.82%	1.11%	-5.62%	-	-	-
Net income ¹	-45.7	-50.68	-58.3	-56.2	-57.52	-64.26	-16.44	-63.42	-46.65	-44.69	-10.7	-54.31	-23.39	-43.43	-43.73	-38.02	-32.89	-39.15	-37.54	-29.48	-27.69	-32.14	-31.72	-29.6	-28.2	-27.81	-22.08	-24.43
Change	-	-10.89%	-15.02%	3.6%	-2.35%	-11.72%	74.42%	-285.84%	26.44%	4.21%	76.05%	-407.39%	56.94%	-85.7%	-0.7%	13.06%	13.49%	-19.04%	4.1%	21.46%	6.08%	-16.09%	1.31%	6.71%	4.71%	1.39%	20.58%	-10.61%
Announcement Date	2/17/21	5/5/21	8/4/21	11/3/21	2/16/22	5/4/22	8/3/22	11/2/22	2/15/23	5/3/23	8/2/23	11/1/23	2/14/24	5/1/24	8/7/24	11/6/24	2/12/25	5/7/25	8/6/25	11/5/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Fastly, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-168	-80.2	66.1	38.1	41.7	-	-	-
Change	-	52.26%	182.42%	-42.36%	9.45%	-	-	-
Announcement Date	2/17/21	2/16/22	2/15/23	2/14/24	2/12/25	-	-	-

Estimates

Cash Flow Forecast: Fastly, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	29.57	34.82	19.98	10.98	10.33	33.31	27.15	21.17
Change	-	17.74%	-42.63%	-45.05%	-5.89%	222.44%	-18.48%	-22.04%
Free Cash Flow (FCF) ¹	-49.48	-73.3	-89.61	-10.61	-35.74	27.93	36.58	43.6
Change	-	-48.12%	-22.25%	88.15%	-236.74%	178.13%	30.98%	19.19%
Announcement Date	2/17/21	2/16/22	2/15/23	2/14/24	2/12/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Fastly, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	1.05%	-7.32%	-7.61%	3.06%	5.06%	10.75%	11.71%	13.71%
EBIT Margin (%)	-5.82%	-15.56%	-17.67%	-7.25%	-4.97%	1.85%	4.05%	5.41%
EBT Margin (%)	-36.93%	-62.83%	-44.06%	-26.35%	-28.59%	-21.94%	-19.13%	-
Net margin (%)	-32.98%	-62.85%	-44.09%	-26.3%	-29.07%	-21.85%	-18.16%	-13.34%
FCF margin (%)	-17.01%	-20.69%	-20.71%	-2.1%	-6.57%	4.56%	5.48%	6.08%
FCF / Net Income (%)	51.58%	32.91%	46.97%	7.98%	22.61%	-20.86%	-30.16%	-45.55%
Profitability
ROA	-	-13.18%	-9.41%	-7.78%	-10.62%	-	-	-
ROE	-2.85%	-21.46%	-19.38%	-13.76%	-16.25%	-13.54%	-11.94%	-10.8%
Financial Health
Leverage (Debt/EBITDA)	-	-	-2.01x	2.46x	1.52x	-	-	-
Debt / Free cash flow	-	-	-0.74x	-3.59x	-1.17x	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	10.17%	9.83%	4.62%	2.17%	1.9%	5.44%	4.07%	2.95%
CAPEX / EBITDA (%)	965.99%	-134.29%	-60.63%	71%	37.54%	50.55%	34.73%	21.52%
CAPEX / FCF (%)	-59.75%	-47.5%	-22.29%	-103.41%	-28.9%	119.27%	74.24%	48.55%
Items per share
Cash flow per share ¹	-0.1923	-0.3316	-0.5721	0.0028	0.1188	0.5209	0.3317	-
Change	-	-72.44%	-72.53%	100.49%	4,142.86%	338.43%	-36.31%	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	12.59	9.733	7.682	7.365	6.99	-	-	-
Change	-	-22.69%	-21.07%	-4.13%	-5.1%	-	-	-
EPS ¹	-0.93	-1.92	-1.57	-1.03	-1.14	-0.91	-0.802	-0.65
Change	-	-106.45%	18.23%	34.39%	-10.68%	20.18%	11.87%	18.95%
Nbr of stocks (in thousands)	113,500	117,500	120,858	130,800	140,300	149,400	149,400	149,400
Announcement Date	2/17/21	2/16/22	2/15/23	2/14/24	2/12/25	-	-	-