Fastly Q2 FY26 GAAP net loss narrows to $15.59 million; revenue rises 23% to $183.32 million - FSLY News | RalliesFastly Q2 FY26 GAAP net loss narrows to $15.59 million; revenue rises 23% to $183.32 million
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FSLY• Outlook
- Fastly forecast third-quarter revenue of $184 million to $190 million.
- CEO Kip Compton said the company’s platform strategy supports raising the full-year outlook.
Second-quarter results
- Fastly posted second-quarter revenue of $183.3 million, up 23% year over year.
- GAAP net loss narrowed to $15.6 million; GAAP loss per share improved to $0.10.
- GAAP gross margin rose to 63.3%, up 8.8 percentage points from a year earlier.
- Remaining performance obligations climbed to $341 million, up 38% year over year; last-12-month net retention rate increased to 117%.