Fastly stock gains as record revenue lifts 2026 outlook

Published on 11/12/2026 at 03:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fastly stock follows record quarterly revenue as security demand accelerates. Management raised its full-year revenue and operating-profit outlook.

Fastly's Growth And Outlook

Fastly generated record third-quarter revenue of 190.2 million US dollars, up 20 percent year over year.
Security revenue grew 32 percent, while the trailing-twelve-month net retention rate reached 119 percent.
Management guided to 744 million to 748 million US dollars of 2026 revenue and 107 million to 111 million US dollars of non-GAAP operating income.

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Fastly reported record third-quarter revenue of 190.2 million US dollars for the period ended September 30, 2026, according to the company's investor-relations release. Revenue increased 20 percent from a year earlier, while non-GAAP gross margin reached 65.8 percent, matching Fastly's record.

Fastly stock traded at 15.63 euros on Lang & Schwarz at 11:00 p.m. CET on Wednesday, November 11, 2026.

Security Drives Platform Expansion

Network Services revenue rose 16 percent to 138.0 million US dollars. Security revenue advanced 32 percent to 44.7 million US dollars, and Other revenue, which includes Compute and Observability, increased 37 percent to 7.4 million US dollars.

Operating cash flow reached 40.0 million US dollars, compared with 28.9 million US dollars in the year-earlier quarter. Positive free cash flow rose to 25.2 million US dollars from 18.1 million US dollars.

Fastly's trailing-twelve-month net revenue retention rate reached 119 percent. The metric indicates that existing customers expanded their spending across the platform, supporting the company's cross-selling strategy.

Guidance Points To Continued Growth

Fastly expects fourth-quarter revenue of 198.0 million to 202.0 million US dollars and non-GAAP operating income of 30.0 million to 34.0 million US dollars. For full-year 2026, management expects revenue of 744.0 million to 748.0 million US dollars and non-GAAP operating income of 107.0 million to 111.0 million US dollars, according to the earnings-call transcript.

Fastly's Edge Cloud Business

Fastly, headquartered in San Francisco, provides an edge cloud platform for delivering, securing and operating websites, applications, APIs and digital media. Its offerings include content delivery, edge computing, application and API security, and observability services for customers in North America, Asia Pacific, Europe and other international markets. The company serves sectors including digital publishing, media, technology, e-commerce, travel and financial services, with a specialized position in programmable edge infrastructure.