Fastly (FSLY) Q3 2026 Earnings Call Transcript

Fastly reported Q3 2026 revenue of $190.2M, up 20% YoY, exceeding guidance. Operating income was $31.2M with a 16.4% margin. The company saw strong customer adoption, with 74% of large customers using 2+ products. Fastly highlighted AI-driven growth and strategic partnerships, including a deal with Comcast. The company also announced a leadership transition plan for its go-to-market division.

Original reporting

finance.yahoo.com

Published Nov 5, 2026, 3:13 PM UTC

Analysis

AlphAI AI DeskAI-generated

Added to AlphAI Nov 5, 2026, 3:20 PM UTC. Informational, not investment advice.

How this was made

AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.

About AlphAI AI Desk Scoring methodology Report an issue

Fastly (FSLY) Q3 2026 Earnings Call Transcript — source image — Source · finance.yahoo.com

Decision brief

The 30-second read

$FSLYBullishMed

Why it matters

The beat on revenue and operating income may trigger short‑term buying pressure and set a higher baseline for future guidance.

Market read

First‑time earnings disclosure with a beat; material for traders focused on small‑cap tech and infrastructure stocks.

What to watch

The upcoming leadership transition and go‑to‑market changes could introduce execution risk.

Relevance 8/10Novelty 8/10Timing: post‑market today

Background

Fastly's Q3 2026 earnings call highlighted record financial performance and expanding AI‑related product usage.

Company-level read

Ticker impact

AI estimates · verify against primary disclosures

$FSLYBullishHigh confidence

Context

Fastly reported Q3 2026 revenue of $190.2M, up 20% YoY, beating guidance and posted record operating income and free cash flow.

Expected impact

likely upward pressure as the market prices in the earnings beat and higher guidance.

Evidence & confidence

The company exceeded revenue guidance, posted record operating income, and highlighted expanding product adoption, which are bullish fundamentals.

Market effects

Sector

Strong results reinforce the growth narrative for edge‑cloud and CDN providers, potentially lifting peers in the infrastructure‑as‑a‑service space.

Regional

Positive for U.S. tech stocks, especially small‑cap growth names.

Global

Limited to the cloud‑infrastructure sector; no broad macro impact.

Counterpoint

What could challenge this read

If the revenue growth slows in the next quarter, the current rally could be short‑lived.

Key entities

company
Fastly
U.S. edge‑cloud and CDN provider (ticker FSLY).
executive
Scott Lovett
President, Go‑to‑Market, announced retirement and upcoming CRO search.

Read at source ← All news

$FSLYHigh

Fastly Raises 2026 Revenue and Free Cash Flow Forecasts After Q3 Growth

Fastly raised its 2026 revenue forecast to $744M-$748M and free cash flow to $50M-$60M after Q3 revenue grew 20% YoY to $190.193M. The company expects Q4 revenue of $198M-$202M. CEO Kip Compton cited customer outcomes and AI scale as drivers.

tokenpost.comNov 6

$FSLYHighAI 8/10

Fastly Just Dropped 41% in a Month: Is FSLY Stock Dead Money or Due for a Bounce?

Fastly (FSLY) stock dropped 41% in a month to $15.32, despite a strong Q3 2026 earnings report. The company posted adjusted EPS of $0.17, beating estimates, and raised its full-year revenue outlook to $744M-$748M. However, concerns about AI spending and customer concentration persist. Competitors Cloudflare (NET) and Akamai (AKAM) also saw declines but less than Fastly.

247wallst.comNov 5

$FSLYHighAI 8/10

Fastly plunges on Q3 results as analyst highlights segment deceleration

Fastly (FSLY) shares fell 20% after Q3 results showed revenue and earnings beat estimates, but analysts noted segment deceleration. The company reported figures exceeding expectations for revenue, EPS, gross margin, and operating margin. According to analysts, the decline was driven by concerns over slowing growth in certain segments. (349 characters)

seekingalpha.comNov 5

$FSLYMedAI 8/10

DA Davidson cuts Fastly stock price target on customer concentration concerns

DA Davidson reduced Fastly's (FSLY) price target to $17 from $23, citing concerns over customer concentration. The stock has fallen 18% in a week. Fastly's Q3 2026 revenue was $190.2M, beating estimates, but growth was driven by top 10 customers. Analysts remain mixed, with some revising earnings upwards and others lowering price targets.

investing.comNov 5

$DDOGHighAI 8/10

Datadog, Rapid7 and Fastly report third-quarter earnings

Datadog, Rapid7, and Fastly reported Q3 earnings. Datadog's revenue rose 35% YoY to $1.2B, but shares fell 14% on cautious AI customer outlook. Rapid7's shares jumped 18% after beating EPS estimates. Fastly's revenue hit $190.2M, up 20% YoY, but shares dropped 14%. All three companies raised full-year guidance.

scworld.comNov 5

$FSLYHighAI 9/10

Why is Fastly stock sliding today?

Fastly (FSLY) stock fell 12.1% to $18.50 in pre-market trading after Q3 2026 earnings beat expectations but failed to meet high investor expectations. Revenue was $190.2M, up 20% YoY, and EPS was $0.17. Full-year guidance was raised to $744M-$748M. Leadership changes and analyst price target reductions also contributed to the decline. The broader market was weak for tech stocks.