What is Fastly, Inc. 's R&D?

Fastly, Inc. (FSLY) reported R&D of $41.97M in Q1 2026.

How has Fastly, Inc. 's R&D changed year-over-year?

Fastly, Inc. 's R&D increased by 12.1% year-over-year, from $37.43M to $41.97M.

What is the long-term trend for Fastly, Inc. 's R&D?

Over 4 years (2021 to 2025), Fastly, Inc. 's R&D has grown at a 6.4% compound annual growth rate (CAGR), from $126.86M to $162.66M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

Fastly, Inc. FSLY R&D

R&D at other companies

MicrosoftMSFT

$8.92B+8.7%

F5, Inc.FFIV

$151.04M+10.6%

Akamai TechnologiesAKAM

$141.58M+14.6%

Cloudflare, Inc.NET

$150.97M+31.2%

A10 NetworksATEN

$19.02M+19.6%

Alphabet Inc.GOOGL

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Other financials

Income statement

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Revenue$173.0M+19.8%

Gross profit$108.2M+40.9%

Operating income-$23.9M+37.4%

Net income-$20.5M+47.6%

EPS (diluted)-$0.13+51.9%

Balance sheet

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Cash & equivalents$146.7M+16.9%

Total debt$401.3M-0.4%

Total equity$977.1M+2.1%

Total assets$1.5B+4.4%

Cash flow

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Operating cash flow$28.9M+67.0%

CapEx$21.0M+707%

Free cash flow$7.8M-46.6%

Valuation

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Market cap$2.61B+390%

Enterprise value$2.86B+296%

P/S4×+3.0×

Profitability

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Gross margin59.4%+5.4pp

Operating margin-16%-4.9pp

Net margin-15.8%-4.8pp

FCF margin9%—

Returns & leverage

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Return on equity-10.7%-2.6pp

Debt / equity0.4×0.0×

Current ratio3×+1.5×

Where this comes from

Reported directly by Fastly, Inc. in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Fastly, Inc. ’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fastly, Inc. 's R&D?: Fastly, Inc. (FSLY) reported R&D of $41.97M in Q1 2026.
How has Fastly, Inc. 's R&D changed year-over-year?: Fastly, Inc. 's R&D increased by 12.1% year-over-year, from $37.43M to $41.97M.
What is the long-term trend for Fastly, Inc. 's R&D?: Over 4 years (2021 to 2025), Fastly, Inc. 's R&D has grown at a 6.4% compound annual growth rate (CAGR), from $126.86M to $162.66M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.