Fastly Statistics, Customers & Revenue 2025: Complete Growth Analysis

What is Fastly and how does it work?

Fastly is an edge cloud platform company that goes far beyond traditional content delivery networks. While many searchers ask “what is Fastly” or “what is Fastly used for,” the simple answer is this: Fastly is used for accelerating content delivery, enhancing security through web application protection, and enabling serverless computing at the network edge. Headquartered in San Francisco, California (Fastly HQ and office locations span the USA and internationally), Fastly defines itself as a provider of edge computing services that bring computation and data storage closer to end users.

What sets Fastly apart from traditional CDNs is its programmable edge infrastructure. The Fastly net platform allows developers to deploy custom code using technologies like WebAssembly (WASM) and serverless functions directly at edge nodes, enabling real-time data processing and personalization. This is what makes Fastly edge computing so powerful: businesses can execute logic closer to users, reducing latency and improving performance dramatically compared to round-trips to origin servers.

The Fastly technology stack combines content delivery with advanced security features inherited from the Signal Sciences acquisition, creating a unified platform for speed and protection. Companies using Fastly benefit from a global network with 375 Tbps capacity, ensuring that even the most demanding applications maintain lightning-fast response times across all geographic regions.

Unleashing the Power of Edge Computing: Fastly’s Explosive Growth

In the rapidly evolving landscape of cloud computing and content delivery, Fastly has emerged as a formidable player, transforming the way businesses handle their digital infrastructure. As we delve into the latest statistics and trends surrounding Fastly’s customer base and revenue, it becomes clear that this edge cloud platform is not just keeping pace with industry giants – it’s setting new standards for speed, security, and scalability.

Fastly’s Customer Base: A Testament to Trust and Performance

Fastly’s customer roster has seen remarkable growth, now boasting an impressive 2,084 paying customers. This figure represents a significant leap from previous years, with 341 new additions in the past year alone – the largest annual increase since 2017. What’s driving this surge? It’s simple: Fastly’s unwavering commitment to delivering lightning-fast content and unparalleled security solutions.

But it’s not just about quantity; the quality of Fastly’s clientele speaks volumes. With 324 enterprise customers – defined as those generating at least $100,000 in annual revenue – Fastly has proven its ability to cater to the demanding needs of large-scale operations. These high-value clients, including industry leaders like The New York Times, rely on Fastly to manage traffic spikes and optimize page load speeds, ensuring seamless user experiences even under the most challenging conditions.

Updated Fastly Revenue and Financial Statistics 2025

Fastly’s financial performance has been nothing short of stellar. The company reported an annual revenue of $290.87 million in 2024, marking a staggering 45.1% increase from the previous year. These Fastly statistics demonstrate clear market confidence, but the growth story continues into 2025 with even more compelling Fastly metrics.

According to Fastly’s Q2 2025 earnings, the company reported quarterly revenue of $144.5 million, representing an 8% year-over-year increase. This Fastly annual revenue performance shows the company’s trajectory toward sustained profitability, with enterprise customers now numbering 595—a significant jump that reflects growing confidence in Fastly’s edge computing platform.

What’s particularly noteworthy is the diversification of Fastly’s revenue streams. While the United States remains the company’s primary market, contributing 67.57% of total revenue, there’s been significant growth in other regions. The Asia Pacific market, for instance, has shown explosive growth, with revenue increasing by 134.36% year-over-year, making it Fastly’s fastest-growing region. This geographic expansion demonstrates Fastly growing its global footprint and capturing market share in emerging digital economies.

Q2 2025 earnings and growth projections

The Fastly 2024 revenue total of $290.87 million set a strong foundation, but the company’s 2025 performance indicates continued momentum. Fastly metrics from Q2 2025 show improved gross margins and a path to GAAP profitability, addressing earlier investor concerns about the company’s bottom line. The 8% revenue growth, while more moderate than the previous year’s explosive 45.1% surge, reflects a maturing business model focused on sustainable expansion rather than pure growth at any cost.

Analysts tracking Fastly valuation note that the company’s enterprise focus—with 595 customers each spending over $100,000 annually—provides revenue stability and predictability. The concentration of high-value clients means that Fastly’s annual recurring revenue (ARR) growth is driven by both new customer acquisition and expansion within existing accounts, a healthy sign for long-term Fastly growing potential.

Fastly’s Customers: List, Stories, and Satisfaction Metrics

When evaluating “fastly customers” and “fastly clients,” the diversity and caliber of the company’s client base stand out. Fastly companies span multiple industries, from media and publishing to e-commerce, SaaS, and financial services. While a comprehensive Fastly customers list isn’t publicly disclosed due to confidentiality agreements, the company has highlighted notable partnerships that demonstrate its reach and reliability.

Fastly customer stories reveal consistent themes around performance improvement and reliability. The New York Times, one of Fastly’s biggest customers, leverages the platform to handle massive traffic surges during breaking news events, ensuring that millions of readers worldwide access content without delay. Similarly, e-commerce platforms use Fastly to maintain sub-second page load times during high-traffic sales events, directly impacting conversion rates and revenue.

Fastly customer satisfaction metrics, while not publicly reported in traditional survey formats, can be inferred from the company’s impressive net revenue retention rates and enterprise customer growth. The expansion from 324 to 595 enterprise customers signals strong satisfaction and value realization—businesses don’t increase spending from $100,000+ annually unless they’re seeing tangible returns on investment.

The Fastly customer experience is built on several pillars: real-time visibility into content delivery performance through comprehensive dashboards, rapid support response times (critical during incidents), and the flexibility to customize edge logic for specific business requirements. This combination of performance, support, and flexibility drives the high satisfaction levels evident in customer retention data.

Enterprise clients and case examples

Digging deeper into Fastly clients reveals how different industries leverage the platform. Media companies use Fastly to deliver high-definition video streams with minimal buffering, critical for maintaining audience engagement. E-commerce businesses rely on Fastly’s edge caching and optimization to ensure product pages load instantly, reducing cart abandonment rates. SaaS providers use Fastly’s edge computing capabilities to run authentication and authorization logic closer to users, improving application responsiveness.

One particularly illustrative case involves a major streaming platform that migrated to Fastly to handle global content distribution. By leveraging Fastly’s edge computing and intelligent caching, the platform reduced origin server load by 85% while improving content delivery speed by 40% for international users. This is the kind of transformative impact that makes Fastly the biggest customer choice for performance-critical applications.

Enterprise Segment: The Backbone of Fastly’s Success

Fastly’s enterprise customers are the cornerstone of its financial success, accounting for a whopping 88.18% of total company revenue. This concentration of high-value clients not only provides stability but also demonstrates Fastly’s ability to meet the complex needs of large organizations. The average annual spend per customer has risen to $136,000, a 26.34% increase since 2019, highlighting the growing reliance on Fastly’s services and the increasing value they provide.

Fastly Performance, Benefits, and Edge Computing Explained

Fastly performance metrics consistently rank among the industry’s best, making it a top choice for businesses where speed and reliability are non-negotiable. According to the IDC MarketScape 2024 assessment, Fastly was named a Leader in Worldwide Edge Delivery Services, with its 375 Tbps network capacity providing unprecedented scale for content delivery.

The Fastly benefits extend across multiple dimensions. Fastly speed improvements come from a globally distributed network of edge servers that cache and deliver content from locations closest to end users. This reduces latency dramatically—often cutting response times from hundreds of milliseconds to tens of milliseconds, a difference users perceive as instantaneous versus sluggish.

Fastly services encompass far more than basic CDN functionality. The platform includes:

• Edge computing capabilities: Deploy custom code at the edge using Fastly’s Compute@Edge platform, enabling real-time personalization, A/B testing, and dynamic content assembly without origin server round-trips.
• Web application security: Integrated WAF (Web Application Firewall) and DDoS protection inherited from Signal Sciences, protecting applications from attacks while maintaining performance.
• Real-time analytics: Instant visibility into traffic patterns, performance metrics, and security events, enabling rapid response to issues.
• API acceleration: Optimized routing and caching for API traffic, critical for modern microservices architectures and mobile applications.
• Fastly serverless computing: Run edge functions without managing infrastructure, scaling automatically with demand.

The Fastly edge computing approach represents a fundamental shift from traditional centralized cloud computing. Instead of processing every request at distant data centers, edge computing brings computation to network edges worldwide. This architecture is particularly powerful for use cases requiring low latency, such as gaming, financial trading platforms, IoT applications, and real-time collaboration tools.

According to the MarketsandMarkets US Edge Computing report, the US edge computing market alone is expected to grow from $24.17 billion in 2024 to $43.59 billion by 2029, at a 12.5% CAGR. This explosive growth is driven by increasing demand for low-latency applications, the proliferation of IoT devices, and the need to process data closer to its source for privacy and compliance reasons.

Why Fastly stands out as the best CDN for innovation

When evaluating the best content delivery network for innovation, Fastly consistently emerges as a frontrunner. Unlike legacy CDN providers built on older architectures, Fastly was designed from the ground up for programmability and flexibility. The platform’s support for WebAssembly enables developers to write edge functions in languages like Rust, JavaScript, and Go, bringing application logic to the edge with near-native performance.

Fastly reviews from technical evaluators frequently highlight the platform’s developer-friendly approach. The comprehensive API, extensive documentation, and active developer community make it easier for engineering teams to implement sophisticated edge strategies. This focus on developer experience is what sets Fastly apart and makes it a preferred choice for innovation-driven organizations.

The platform’s real-time purging capabilities—the ability to invalidate cached content globally in milliseconds—provide unprecedented control over content freshness. This is crucial for news sites, e-commerce platforms updating inventory, and any application where stale content creates business risk. Traditional CDNs often require minutes or hours for cache purges to propagate; Fastly accomplishes this in under 150 milliseconds worldwide.

Strategic Acquisitions: Expanding Capabilities and Market Reach

Fastly’s acquisition of Signal Sciences for $759.4 million in 2020 has proven to be a game-changer. This strategic move has not only expanded Fastly’s portfolio to include robust web application and API protection solutions but has also added 280 new customers to its roster. With 78 of these clients spending over $100,000 annually, the acquisition has significantly bolstered Fastly’s position in the web security sector.

Fastly Acquisitions and Business Model Insights

Beyond the Signal Sciences acquisition, understanding the Fastly business model reveals how the company creates and captures value. Fastly operates on a usage-based pricing model, charging customers based on bandwidth consumed, requests served, and additional features like security services and edge computing resources. This consumption-based approach aligns Fastly’s revenue growth directly with customer success—as clients grow and serve more traffic, Fastly’s revenue grows proportionally.

The Fastly acquisitions strategy has been selective and focused. Rather than acquiring for market share alone, Fastly targets companies that enhance its core platform capabilities. The Signal Sciences acquisition is illustrative: it brought not just customers and revenue, but critical technology that integrated seamlessly with Fastly’s existing CDN infrastructure. This allowed Fastly to offer a unified edge platform combining content delivery, security, and computing—a more valuable and sticky proposition than CDN services alone.

When users search for “fastly acquires signal sciences” or “fastly signal sciences,” they’re often researching how this combination strengthens the overall value proposition. The integration allows customers to deploy both content acceleration and security protection through a single platform, simplifying architecture and reducing vendor complexity. Post-acquisition, Fastly has successfully retained Signal Sciences customers while cross-selling CDN services, demonstrating the strategic fit.

The Fastly business model also includes a strong focus on enterprise customers, as evidenced by 88.18% of revenue coming from this segment. This enterprise focus shapes everything from product development (emphasizing features like compliance, advanced security, and dedicated support) to go-to-market strategy (direct sales teams targeting large organizations rather than self-service for small businesses). The model’s success is evident in the high average customer spend of $136,000 annually and strong net revenue retention rates.

Is Fastly a Good Stock to Buy? 2025 Investment Analysis

For investors researching “is fastly a good stock to buy” or “is fsly a good stock to buy,” the answer depends on risk tolerance and investment timeline. Fastly stock (ticker: FSLY) has experienced significant volatility since its 2019 IPO, reflecting both the company’s growth potential and the challenges of competing in a market with established giants.

The bull case for Fastly centers on several factors. First, the company’s technology leadership in edge computing positions it well for long-term market trends. As applications become more distributed and latency-sensitive, edge computing adoption should accelerate, benefiting early leaders like Fastly. Second, the growing enterprise customer base (595 customers spending $100,000+ annually) provides a stable revenue foundation with expansion opportunities. Third, the path to profitability demonstrated in 2025 Q2 results addresses a key investor concern about cash burn.

The bear case notes intense competition from AWS CloudFront, Cloudflare, and Akamai, all with deeper pockets and broader product portfolios. Fastly’s smaller scale means less negotiating power with infrastructure providers and higher relative costs. Additionally, customer concentration risk exists—the loss of a major customer could materially impact revenue.

Fastly stock price prediction analyses vary widely among Wall Street analysts, with price targets ranging significantly based on assumptions about market share gains, margin expansion, and competitive dynamics. Conservative analysts focus on near-term profitability and current customer metrics, while bullish analysts emphasize the long-term edge computing market opportunity and Fastly’s technology advantages.

Market share and valuation trends

Fastly market share in the CDN and edge computing space remains relatively modest compared to incumbents, but the company is gaining ground in premium segments. While exact market share figures are difficult to calculate due to varying segment definitions, industry analysts estimate Fastly holds approximately 2-3% of the global CDN market by revenue. However, in specific verticals like media/entertainment and high-growth tech companies, Fastly’s market share is significantly higher, potentially reaching 10-15%.

Fastly valuation multiples have compressed from their 2020-2021 peaks as growth stocks broadly fell out of favor. Trading at approximately 3-4x forward revenue (compared to 10-15x at peak), the stock appears more reasonably valued relative to growth prospects. For comparison, Cloudflare trades at 15-20x forward revenue, reflecting its faster growth rate and broader product portfolio, while legacy CDN providers like Akamai trade at 2-3x revenue but with slower growth.

The key question for investors is whether Fastly can sustain high-teens revenue growth while expanding margins to achieve sustained profitability. If successful, the current valuation could represent opportunity; if growth slows or competition intensifies, downside risk remains. Investment decisions should consider these factors alongside individual portfolio goals and risk tolerance.

The IncRev Advantage: Leveraging Fastly’s Growth for Your Business

As an SEO agency at the forefront of digital marketing, IncRev recognizes the immense potential that Fastly’s growth represents for businesses looking to optimize their online presence. By leveraging Fastly’s state-of-the-art content delivery network and security solutions, IncRev can help your business achieve:

• Lightning-fast page load speeds, crucial for both user experience and search engine rankings
• Enhanced security against web application attacks, protecting your valuable data and maintaining customer trust
• Improved scalability to handle traffic spikes, ensuring your website performs flawlessly even during peak periods
• Global content delivery, reaching audiences worldwide with minimal latency

IncRev’s expertise in SEO, combined with Fastly’s cutting-edge technology, creates a powerful synergy that can propel your website to new heights in search engine results pages (SERPs) and user engagement metrics.

Looking Ahead: The Future of Edge Computing with Fastly

As we look to the future, it’s clear that Fastly is poised for continued growth and innovation. According to the IDC Worldwide Edge Spending Guide, the global edge computing market is projected to reach $228 billion in 2024, growing at 14% year-over-year. Some analysts project even more aggressive growth, with edge computing growth projections suggesting the market could expand from $56 billion in 2025 to over $1 trillion by 2033 at a 45% CAGR, driven primarily by artificial intelligence workloads requiring low-latency processing.

Fastly is well-positioned to capture a significant share of this burgeoning industry. Its focus on speed, security, and scalability aligns perfectly with the evolving needs of businesses in an increasingly digital world. The company’s continued investment in edge computing capabilities—particularly around AI inference at the edge, WebAssembly support, and serverless computing—positions it at the forefront of these transformative trends.

For companies looking to stay ahead of the curve, partnering with IncRev to implement Fastly’s solutions could be the key to unlocking unprecedented online performance and visibility. As Fastly continues to push the boundaries of what’s possible in edge computing, businesses that embrace these advancements will find themselves at a distinct advantage in the digital marketplace.