Fastly posts record Q3 2026 revenue and beats earnings estimates
Fastly Inc. reported third‑quarter 2026 revenue of $190.2 million, a 20% year‑over‑year increase, and GAAP loss of $11.3 million, or $0.07 per share. Adjusted earnings came in at $0.17 per share, beating consensus by $0.05. The company also raised its Q4 guidance to $198‑$202 million of revenue and $0.16‑$0.18 adjusted EPS. CEO Kip Compton highlighted strong customer adoption, AI‑driven growth, and record free cash flow.
Why it matters
Analysts note that the earnings beat and raised guidance suggest continued momentum, but the stock fell about 13% on the day, indicating market concerns over the GAAP loss and valuation. The higher guidance sets a new revenue target for the next quarter.
Key facts
- 1Total revenue was $190.2 million, up 20% year‑over‑year. sec.gov
- 2GAAP loss from operations was $11.3 million, or 5.9% of revenue. sec.gov
- 3Adjusted earnings per share were $0.17, beating estimates by $0.05. investing.com
- 4Q4 2026 revenue guidance was $198‑$202 million, above analyst expectations. investing.com
- 5Q4 2026 adjusted EPS guidance was $0.16‑$0.18, also above expectations. investing.com
- 6The stock dropped 13% after the results were released. finance.yahoo.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.