Fastly Shares Jump to 52-Week High on 23% Revenue Growth, Strong Guidance
Fastly reported Q4 adjusted EPS of $0.12, doubling expectations, and revenue of $172.6 million, up 23% year-over-year with a record 61.4% gross margin and RPO rising 55% to $353.8 million. The company issued fiscal 2026 guidance of $700–720 million revenue and $0.23–0.29 adjusted EPS, propelling shares to 52-week high.
1. Q4 Financial Highlights
Fastly reported adjusted Q4 EPS of $0.12, surpassing forecasts by 100%, on revenue of $172.6 million, up 23% year-over-year. Gross margin reached a record 61.4%, while remaining performance obligations climbed 55% to $353.8 million, underscoring strong future revenue visibility.
2. Fiscal 2026 Guidance
Management provided full-year revenue guidance of $700 million to $720 million and adjusted EPS of $0.23 to $0.29, both above consensus estimates. This outlook reflects confidence in sustained demand, particularly driven by enterprise deals and AI-related network traffic.
3. Stock Reaction and Technicals
Following the results and guidance, shares surged over 60%, reaching a 52-week high. The stock now trades well above its 20-day and 100-day moving averages, indicating robust technical momentum.