Fastly, Inc. has announced impressive financial results for the third quarter of 2026, showcasing a record revenue of $190.2 million. This marks a significant 20% increase compared to the same quarter last year, indicating strong demand for its services in the global edge cloud platform market.

The announcement was made on November 4, 2026, and highlights the company's ongoing success in the prepackaged software industry. Fastly's CEO, Kip Compton, emphasized the importance of these results, stating, "Our record third quarter results reflect strong execution as customers continued to adopt more of our products and deepen their use of our platform." He further noted that the financial performance demonstrates the company's value proposition in helping clients achieve critical business outcomes, particularly in the context of scaling for artificial intelligence.

Fastly, Inc. operates under the Standard Industrial Classification (SIC) code 7372, which pertains to services in prepackaged software. The company trades on the Nasdaq under the ticker symbol FSLY and is classified as a large accelerated filer.

According to the SEC filing, the company reported a gross margin of 63.3% and a non-GAAP gross margin of 65.8%, both of which match record levels. Additionally, Fastly's Last Twelve Months Net Revenue Retention (LTM NRR) reached 119%, the highest level since 2022. These metrics underscore the company's robust financial health and operational efficiency.

Fastly's latest earnings report may influence various stakeholders, including investors, competitors, and industry analysts. The positive results could lead to increased investor confidence and interest in the company's future growth prospects. Competitors in the prepackaged software space might need to evaluate their strategies in light of Fastly's strong performance.

Looking ahead, the company has indicated that it will continue to provide updates and additional financial information through its investor relations website and other communication channels. This ongoing transparency is likely to keep stakeholders informed about Fastly's progress and future initiatives.

For more detailed information, the full press release and investor supplement can be accessed through Fastly's investor relations website.