---
schema_version: "secwatch.filing_event.v1"
accession: "0001517413-24-000101"
form_type: "8-K"
ticker: "FSLY"
cik: "0001517413"
company_name: "Fastly, Inc."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:44:51.498433+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fastly Q1 revenue $133.5M (+14%); non-GAAP EPS -$0.05; Q2 revenue guide $130-134M

## Summary
- Q1 revenue $133.5M, up 14% YoY; GAAP net loss per share $(0.32); non-GAAP net loss per share $(0.05).
- Positive operating cash flow of $11.1M; non-GAAP operating loss improved to $(9.7M) from $(14.1M) a year ago.
- LTM net retention rate 114%, up from 113% in Q4 2023; enterprise customer count 577, total customers 3,290.
- Q2 2024 revenue guidance $130-134M; full-year 2024 revenue guidance $555-565M; non-GAAP operating loss $(16)-$(12)M for Q2.
- CEO Todd Nightingale: 'not satisfied with our revenue growth outlook'; continued investment in go-to-market to accelerate growth.

## SEC filing metadata
- accession: 0001517413-24-000101
- form_type: 8-K
- ticker: FSLY
- cik: 0001517413
- company_name: Fastly, Inc.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1517413/000151741324000101/0001517413-24-000101-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1517413/000151741324000101/fsly-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001517413-24-000101
- JSON: https://secwatch.observer/filing/0001517413-24-000101.json
- Plain text: https://secwatch.observer/filing/0001517413-24-000101.txt

## Key facts
- Earnings Releases
  Fastly, Inc. reported first quarter ended March 31, 2024 results: revenue $ 133,520, EPS $(0.32).
  - Period: first quarter ended March 31, 2024
  - Revenue: $ 133,520
  - EPS: $(0.32)
  - Result: reported results
  source text: investment in customer acquisition and go-to-market efforts to diversify our customer base and accelerate revenue growth.” Three months ended March 31, 2024 2023 Revenue $ 133,520 $ 117,564 Gross margin GAAP gross margin 54.8 % 51.3 % Non-GAAP gross margin 58.8 % 55.6 % Operating loss GAAP operating loss $ (46,260) $ (47,275) Non-GAAP operating loss $
  evidence_url: https://www.sec.gov/Archives/edgar/data/1517413/000151741324000101/0001517413-24-000101-index.htm

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