Fastly Sees 23% Revenue Growth to $172.6M and Guides $700M–$720M for 2026
Fastly’s first-quarter revenue jumped 23% to $172.6M with earnings per share doubling analyst forecasts and security revenue growing 32%. The company now anticipates $700M–$720M in 2026 revenue, driving Friday’s 5% share gain as RSI hits 77 and MACD signals bullish momentum.
1. Q1 Financial Highlights
Fastly reported first-quarter revenue of $172.6 million, marking a 23% year-over-year increase, while earnings per share doubled analyst forecasts. Security offerings saw a 32% revenue uptick as the company capitalized on evolving traffic patterns.
2. Agentic AI Driving Demand
The CEO highlighted that the emergence of agentic AI is reshaping internet traffic, leading to heightened demand for Fastly’s edge computing and security solutions. This strategic positioning has become a key growth driver.
3. 2026 Guidance and Market Reaction
Fastly issued a 2026 revenue forecast of $700 million to $720 million, exceeding prior estimates. Shares jumped 5% on Friday as technical metrics—RSI at 77.17 and MACD at 2.03—indicated strong bullish momentum but suggested overbought conditions.