Filing Flows › Fastly (FSLY) › Q2 2026
Fastly (FSLY) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Fastly (FSLY) reported revenue of $183M for the second quarter 2026 (Q2 2026), +23% from a year earlier and +6% from the quarter before. Operating margin was -7.9%, net loss $15.6M (8.5% of revenue).
Fastly, Q2 2026: revenue $183M (+23% year over year), operating margin -7.9%, net loss $15.6M, operating cash flow $39.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $183M | +6% | +23% |
| Operating profit | −$14.4M | — | — |
| Net earnings | −$15.6M | — | — |
| Operating cash flow | $39.3M | +36% | +52% |
| Free cash flow | $3.6M | — | -67% |
What changed
Revenue was $183.3M in Q2 2026, up 23% year over year and up 6% from the previous quarter. Network Services was the largest line at 73% of revenue. Network Services added $19.0M year over year (up 17%), 55% of the total change.
Gross margin was 63.3%, up 8.7 points from Q2 2025. Operating costs exceeded revenue by $14.4M, an operating margin of -7.9%. Operating expenses grew 10% against revenue growth of 23%. The fastest-growing cost line was General & admin (+30%). The quarter ended with a net loss of $15.6M, narrower than the previous quarter's $20.5M loss.
Operating cash flow was $39.3M (up 52% year over year). Non-cash charges added back $15.0M of depreciation and amortization and $35.2M of share-based compensation. Working capital and other items added $4.8M. After capital expenditures ($35.8M), free cash flow as the company reports it was $3.6M.
Questions
What was Fastly's revenue in the second quarter 2026?
Fastly (FSLY) reported revenue of $183M for the second quarter 2026 (Q2 2026), +23% from a year earlier and +6% from the quarter before.
Was Fastly profitable in the second quarter 2026?
Operating loss was $14.4M (-7.9% of revenue) and net loss $15.6M.
Source: Fastly 10-Q on SEC EDGAR.