🚀 VC round data is live in beta, check it out!
Fastly Valuation Multiples
Discover revenue and EBITDA valuation multiples for Fastly and similar public comparables like Digital China, Box, IONOS Group, UCloud Technology and more.
Fastly Overview
About Fastly
Fastly Inc is a cloud computing company that provides an edge cloud platform designed to deliver, secure, and optimize digital experiences over the internet. The company operates a unified platform that combines content delivery, edge computing, and security capabilities. Its services include content delivery networks, web and API protection, distributed denial of service mitigation, and real-time data processing at the edge. Its platform enables customers to improve the performance, scalability, and security of applications and digital content, and also supports cloud-native architectures, AI-driven workloads, and programmable edge computing solutions.
Founded
2011
HQ
Employees
1.1K
Website
Financials (LTM)
EV
$4B
Fastly Financials
Fastly reported last 12-month revenue of $648M and EBITDA of $84M.
In the same LTM period, Fastly generated $396M in gross profit, $84M in EBITDA, and $27M in net income.
Revenue (LTM)
Fastly P&L
In the most recent fiscal year, Fastly reported revenue of $624M and EBITDA of $77M.
Fastly expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $648M | XXX | $624M | XXX | XXX | XXX |
| Gross Profit | $396M | XXX | $356M | XXX | XXX | XXX |
| Gross Margin | 61% | XXX | 57% | XXX | XXX | XXX |
| EBITDA | $84M | XXX | $77M | XXX | XXX | XXX |
| EBITDA Margin | 13% | XXX | 12% | XXX | XXX | XXX |
| EBIT Margin | 5% | XXX | 4% | XXX | XXX | XXX |
| Net Profit | $27M | XXX | $20M | XXX | XXX | XXX |
| Net Margin | 4% | XXX | 3% | XXX | XXX | XXX |
| Net Debt | — | — | $181M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Fastly Stock Performance
Fastly has current market cap of $4B, and enterprise value of $4B.
Market Cap Evolution
Fastly's stock price is $23.38.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4B | $4B | 11.6% | XXX | XXX | XXX | $0.13 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialFastly Valuation Multiples
Fastly trades at 5.6x EV/Revenue multiple, and 43.1x EV/EBITDA.
EV / Revenue (LTM)
Fastly Financial Valuation Multiples
As of April 16, 2026, Fastly has market cap of $4B and EV of $4B.
Equity research analysts estimate Fastly's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Fastly has a P/E ratio of 129.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV/Revenue | 5.6x | XXX | 5.8x | XXX | XXX | XXX |
| EV/EBITDA | 43.1x | XXX | 46.7x | XXX | XXX | XXX |
| EV/EBIT | 113.7x | XXX | 161.5x | XXX | XXX | XXX |
| EV/Gross Profit | 9.1x | XXX | 10.2x | XXX | XXX | XXX |
| P/E | 129.6x | XXX | 180.2x | XXX | XXX | XXX |
| EV/FCF | 78.2x | XXX | 75.2x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Fastly Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Fastly Margins & Growth Rates
Fastly's revenue in the last 12 month grew by 13%.
Fastly's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.4M for the same period.
Fastly's rule of 40 is 28% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Fastly's rule of X is 48% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Fastly Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 13% | XXX | 13% | XXX | XXX | XXX |
| EBITDA Margin | 13% | XXX | 12% | XXX | XXX | XXX |
| EBITDA Growth | 30% | XXX | 29% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 28% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 48% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 26% | XXX | 32% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 13% | XXX | 18% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 20% | XXX | 26% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 76% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Fastly Public Comps
See public comps and valuation multiples for other Cloud Infrastructure comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Fastly | XXX | XXX | XXX | XXX | XXX | XXX |
| Digital China | XXX | XXX | XXX | XXX | XXX | XXX |
| Box | XXX | XXX | XXX | XXX | XXX | XXX |
| IONOS Group | XXX | XXX | XXX | XXX | XXX | XXX |
| UCloud Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| Biprogy | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Fastly M&A Activity
Fastly acquired XXX companies to date.
Last acquisition by Fastly was on XXXXXXXX, XXXXX. Fastly acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Fastly
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialFastly Investment Activity
Fastly invested in XXX companies to date.
Fastly made its latest investment on XXXXXXXX, XXXXX. Fastly invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Fastly
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Fastly
| When was Fastly founded? | Fastly was founded in 2011. |
| Where is Fastly headquartered? | Fastly is headquartered in United States. |
| How many employees does Fastly have? | As of today, Fastly has over 1K employees. |
| Who is the CEO of Fastly? | Fastly's CEO is Charles Compton. |
| Is Fastly publicly listed? | Yes, Fastly is a public company listed on Nasdaq. |
| What is the stock symbol of Fastly? | Fastly trades under FSLY ticker. |
| When did Fastly go public? | Fastly went public in 2019. |
| Who are competitors of Fastly? | Fastly main competitors are Digital China, Box, IONOS Group, UCloud Technology. |
| What is the current market cap of Fastly? | Fastly's current market cap is $4B. |
| What is the current revenue of Fastly? | Fastly's last 12 months revenue is $648M. |
| What is the current revenue growth of Fastly? | Fastly revenue growth (NTM/LTM) is 13%. |
| What is the current EV/Revenue multiple of Fastly? | Current revenue multiple of Fastly is 5.6x. |
| Is Fastly profitable? | Yes, Fastly is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Fastly? | Fastly's last 12 months EBITDA is $84M. |
| What is Fastly's EBITDA margin? | Fastly's last 12 months EBITDA margin is 13%. |
| What is the current EV/EBITDA multiple of Fastly? | Current EBITDA multiple of Fastly is 43.1x. |
| What is the current FCF of Fastly? | Fastly's last 12 months FCF is $46M. |
| What is Fastly's FCF margin? | Fastly's last 12 months FCF margin is 7%. |
| What is the current EV/FCF multiple of Fastly? | Current FCF multiple of Fastly is 78.2x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.