Fastly, Inc. (NYSE:FSLY) stock rose Thursday following the company’s announcement of record fourth-quarter and full-year financial results.
The company’s stock continues to surge following Wednesday’s explosive post-earnings rally, as investors pile in after the company delivered a decisive fourth-quarter beat and upbeat fiscal 2026 guidance.
Fastly reported earnings of 12 cents per share, doubling analyst expectations of 6 cents. Revenue climbed to $172.61 million, topping the $161.36 million consensus and marking strong growth from $140.58 million a year ago.
The stock’s impressive performance comes as the broader market is experiencing a positive trend, with the S&P 500 up 0.4% and the Technology sector gaining 0.5%, indicating a strong day for tech stocks overall.
FSLY Q4 Revenue Hits $172.6M, Up 23% YoY
Fastly reported fourth-quarter revenue of $172.6 million, reflecting a 23% year-over-year growth, alongside a record gross margin of 61.4%. The company also highlighted a record remaining performance obligation (RPO) of $353.8 million, which grew 55% year-over-year, signaling strong future revenue potential.
In his remarks, CEO Kip Compton noted that the fourth quarter marked a significant inflection point for Fastly’s growth, emphasizing the company’s transformation and the anticipated momentum driven by AI in 2026. The results underscore the company’s strategic focus on serving large, sophisticated enterprises, which has positioned it well in a competitive landscape.
Fastly guided fiscal 2026 …