---
schema_version: "secwatch.filing_event.v1"
accession: "0001517413-22-000057"
form_type: "8-K"
ticker: "FSLY"
cik: "0001517413"
company_name: "Fastly, Inc."
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:38:28.828208+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Fastly Q1 revenue $102.4M record beats guidance; CEO search initiated

## Summary
- Q1 revenue $102.4M, up 21% YoY, 5% QoQ; GAAP net loss $64.3M ($0.54/share), non-GAAP net loss $18.0M ($0.15/share).
- Board starts search for new CEO; Joshua Bixby to step down once successor appointed.
- Q2 revenue guidance $99M-$102M (midpoint down QoQ); FY2022 revenue guidance $405M-$415M.
- GAAP gross margin 47.3% vs 55.8% YoY; NRR LTM 115% (down from 118% Q4 2021).
- Enterprise customers 457; average enterprise spend $722K (+3% QoQ); total customers 2,880.

## SEC filing metadata
- accession: 0001517413-22-000057
- form_type: 8-K
- ticker: FSLY
- cik: 0001517413
- company_name: Fastly, Inc.
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1517413/000151741322000057/0001517413-22-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1517413/000151741322000057/fsly-20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001517413-22-000057
- JSON: https://secwatch.observer/filing/0001517413-22-000057.json
- Plain text: https://secwatch.observer/filing/0001517413-22-000057.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.