NASDAQ$FSLY

Fastly Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Fastly's Q4 2021 earnings demonstrated momentum with revenue exceeding guidance and the launch of Next-Gen WAF.

Fastly reported a strong finish to 2021 with Q4 revenue of $97.7 million, which exceeded the midpoint of their guidance range by 7%. The company's Dollar-Based Net Expansion Rate was 121% and they launched the edge deployment of their Next-Gen WAF.

  • Q4 revenue reached $97.7 million, showing 13% quarter-over-quarter growth.
  • Dollar-Based Net Expansion Rate was reported at 121%.
  • Launched the edge deployment of Next-Gen WAF.
  • Total customer count was 2,804, including 445 enterprise customers.

Headline financials

Total Revenue

$97.7M

Previous: $82.6M+18.2%
EPS (adj)

-$0.10

Previous: -$0.09-11.1%
Enterprise customer count

445

Previous: 324+37.3%
Capital Expenditures

$3.55M

Previous: $5.13M-30.8%
Free Cash Flow

-$11.5M

Previous: -$40M+71.4%
Net Income

-$57.5M

Previous: -$46M-25.0%
Operating Income

-$56.7M

Previous: -$57M+0.6%
Gross Profit

$49.8M

Previous: $48.9M+1.8%
Cash & Equivalents

$166M

Previous: $62.9M+164.0%
Total Assets

$2.15B

Previous: $1.16B+85.1%
Stock-Based Comp

$39.6M

Previous: $29.7M+33.4%

Revenue & EPS history

Fastly · Revenue · Quarterly

$97.7M

Q4 2021+18.2%vs Q4 2020
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

Fastly provided guidance for Q1 2022 with revenue between $97 million and $100 million and for the full year 2022 with revenue between $400 million and $410 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-2.8%

Avg return

Earnings day

-2.9%

Avg return

5 days after

+5.4%

Avg return

30 days after

37%

10 / 27 earnings

Positive

+72.3%

Q4 2025

Best reaction

-38.5%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-38.5%-39.8%-42.8%
Q4 2025+72.3%+89.7%+164.0%
Q3 2025+36.0%+48.6%+30.4%
Q1 2025+25.7%+35.5%+27.0%
Q4 2024-20.9%-18.9%-32.0%
Q3 2024+6.5%-6.4%+42.1%
Q2 2024-16.3%-14.9%-19.3%
Q1 2024-30.5%-30.6%-38.0%
Q4 2023-28.6%-31.0%-45.0%
Q3 2023+12.3%+13.0%+23.0%
Q2 2023+12.8%+15.6%+34.3%
Q1 2023-16.5%-12.1%+16.2%
Q4 2022+19.6%+18.4%+14.8%
Q3 2022+2.9%+2.6%+19.6%
Q2 2022-5.9%-2.2%-31.2%
Q1 2022-17.3%-29.7%-25.6%
Q4 2021-34.9%-36.6%-42.1%
Q3 2021+10.3%+6.2%-27.2%
Q2 2021-13.6%-4.7%+1.0%
Q1 2021-28.6%-28.8%-20.2%
Q4 2020-17.7%-21.7%-27.4%
Q3 2020-8.2%-12.6%+13.2%
Q2 2020-22.8%-32.7%-30.3%
Q1 2020+47.7%+50.9%+98.3%
Q4 2019-4.5%-15.2%-26.8%
Q3 2019-3.8%-2.0%+9.1%
Q2 2019-11.7%-18.5%+60.7%
Q1 2019
Q4 2018
Q3 2018
Q2 2018
Q1 2018

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