Description

Fastly’s Business Is Rapidly Evolving From Content Delivery To AI Security; What Lies Ahead?

Fastly, Inc. reported first quarter 2026 revenue of $173 million, marking a 20% increase year-over-year and positioning the result near the high end of its guidance. A notable driver of growth was the company’s expanding security portfolio, which delivered 47% year-over-year revenue growth and accounted for 22% of total revenue. Newer security products, including DDoS Protection, Bot Management, and API Discovery and Inventory, represented nearly half of security product sales to new clients in the quarter. Compute offerings also showed strong momentum with 67% year-over-year growth, reflecting demand linked to edge workloads and AI-related use cases. Network Services grew 11% year-over-year despite some seasonal fluctuations, outperforming the market growth rate.