secwatch / observer

Fastly, Inc. — fact timeline

Source-grounded facts extracted from Fastly, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

FSLY Fastly, Inc. JSON

Richard Wong changed role as principal accounting officer at Fastly, Inc..

“Mr. Wong will cease serving as principal accounting officer, but will continue to serve as Fastly's Chief Financial Officer.”

Jeffrey Ford was appointed as principal accounting officer at Fastly, Inc..

“Fastly, Inc. ("Fastly") appointed Jeffrey Ford as principal accounting officer of Fastly, effective as of June 3, 2026”
Shareholder Votes

Fastly, Inc. shareholders approved Advisory approval of compensation of named executive officers at the 2026-06-03 meeting.

“Proposal 3: The compensation of Fastly's named executive officers, as disclosed in the Proxy Statement, was approved on an advisory basis.”
Shareholder Votes

Fastly, Inc. shareholders approved Ratification of selection of KPMG LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-06-03 meeting.

“Proposal 2: The selection of KPMG LLP as Fastly's independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified.”
Shareholder Votes

Fastly, Inc. shareholders approved Election of three directors at the 2026-06-03 meeting.

“Proposal 1: Each of the three directors proposed by Fastly for election was elected by the following votes to serve until Fastly's 2029 Annual Meeting of Stockholders and until his or her respective successor has been elected and qualified, or, if sooner, until the director's death, resignation or removal.”
Earnings Releases

Fastly, Inc. reported first quarter ended March 31, 2026 results: revenue $173,021, EPS GAAP net loss per common share — basic and diluted $(0.13). Guidance raised.

“performance reflects expansion within our installed base and robust new business wins, enabling us to raise our 2026 guidance.” Three months ended March 31, 2026 2025 Revenue $ 173,021 $ 144,474 Gross margin GAAP gross margin 62.5 % 53.2 % Non-GAAP gross margin (1) 65.1 % 57.3 % Operating loss GAAP operating loss $ (23,895) $ (38,179) Non-GAAP operating income”
Auditor Changes

Fastly, Inc. engaged KPMG LLP as its auditor.

“(the “Company”) approved the appointment of KPMG LLP (“KPMG”), as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. As of the date of this report, KPMG is in the process of its standard client evaluation procedures and has not accepted the engagement. During the Company’s two most recent fiscal years (fiscal years ended December 31, 2025 and 2024), respectively, neither the Company nor anyone on its behalf consulted KPMG regarding any of the matters set forth in Item 304(a)(2)(i) or (ii) of Regulation S-K.”
Auditor Changes

Fastly, Inc. dismissed Deloitte & Touche LLP as its auditor.

“the Company, with the approval of the Audit Committee, dismissed Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm”
Equity Issuances

Fastly, Inc. issued maximum of 15,624,990 shares of common stock to Initial Purchasers.

“A maximum of 15,624,990 shares of the Company’s Class A Common Stock may be issued upon conversion of the Notes (as defined below in Item 8.01), based on the initial maximum conversion rate of 86.8055 shares of the Company’s Class A Common Stock per $1,000 principal amount of Notes, which is subject to customary anti-dilution adjustment provisions.”
Equity Issuances

Fastly, Inc. issued convertible note to Initial Purchasers.

“The Option Notes (as defined below in Item 8.01) were issued to the Initial Purchasers (as defined below in Item 8.01) in reliance upon Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), in transactions not involving any public offering.”
Material Agreements

Fastly, Inc. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $160,000,000 aggregate principal amount (effective 2025-12-09).

“The Notes were issued pursuant to, and are governed by, an indenture (the “ Indenture ”), dated as of December 9, 2025, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “ Trustee ”).”
Equity Issuances

Fastly, Inc. issued $160,000,000 aggregate principal amount of 0% Convertible Senior Notes due 2030, convertible into shares of Class A Common Stock at initial conversion rate of 6 of convertible note to initial purchasers for not disclosed.

“The disclosure set forth in Item 1.01 above is incorporated by reference into this Item 3.02. The Notes were issued to the initial purchasers in reliance upon Section 4(a)(2) of the Securities Act of 1933, as amended (the “ Securities Act ”), in transactions not involving any public offering.”
Debt Financings

Fastly, Inc. incurred convertible notes of $160,000,000 with U.S. Bank Trust Company, National Association at 0% maturing December 15, 2030.

“issued $160,000,000 aggregate principal amount of its 0% Convertible Senior Notes due 2030”

Kip Compton was appointed as Class I Director at Fastly, Inc..

“as a Class I member of the Board with a term expiring at the Company’s 2026 annual meeting of stockholders, effective as of the Effective Date.”

Kip Compton was appointed as Chief Executive Officer at Fastly, Inc..

“On June 14, 2025, the Company appointed Charles (“Kip”) Compton, the Company’s current Chief Product Officer, to serve as the Company’s Chief Executive Officer and as a Class I member of the Board with a term expiring at the Company’s 2026 annual meeting of stockholders, effective as of the Effective Date.”

Todd Nightingale resigned as Director at Fastly, Inc..

“Mr. Nightingale has also resigned as a director on the Company’s board of directors (the “Board”) as of the Effective Date.”

Todd Nightingale resigned as Chief Executive Officer and President at Fastly, Inc..

“On June 13, 2025, Todd Nightingale, Chief Executive Officer of Fastly, Inc. (the “Company”), notified the Company of his resignation as Chief Executive Officer and President to pursue another opportunity.”
Restructurings & Charges

Fastly, Inc. announced a restructuring with charges of between approximately $9.5 million to $10.0 million (approximately 11% of our global full time employees).

“headcount by approximately 11% of our global full time employees. In connection with the Plan, the Company currently estimates it will incur a charge of between approximately $9.5 million to $10.0 million in the third quarter of 2024, which consists primarily of cash expenditures for severance payments, employee benefits, and related costs for the reduction in”
Earnings Releases

Fastly, Inc. reported first quarter ended March 31, 2024 results: revenue $ 133,520, EPS $(0.32).

“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 $”
Earnings Releases

Fastly, Inc. reported fourth quarter and full year ended December 31, 2023 results: revenue record fourth quarter revenue of $137.8 million.

“Fastly Announces Fourth Quarter and Full Year 2023 Financial Results Company reports record fourth quarter revenue of $137.8 million”

Brett Shirk resigned as Chief Revenue Officer at Fastly, Inc..

“On November 27, 2023, Brett Shirk, Chief Revenue Officer of Fastly, Inc. (the “Company”), notified the Company of his resignation effective December 1, 2023 to pursue another opportunity.”
Earnings Releases

Fastly, Inc. reported the second quarter ended June 30, 2023 results: revenue $122.8 million, net income $10.7 million (GAAP net loss), EPS $0.08 (GAAP net loss per basic and diluted share).

“Second Quarter 2023 Financial Summary • Total revenue of $122.8 million, representing 20% year-over-year growth and 4% sequential increase. • GAAP gross margin of 52.3%, compared to 44.9% in the second quarter of 2022. Non-GAAP gross margin of 56.6%, compared to 50.4% in the second quarter of 2022. • GAAP net loss of $10.7 million, compared to $16.4 million in the second quarter of 2022. Non-GAAP net loss of $4.6 million, compared to $28.0 million in the second quarter of 2022. • GAAP net loss per basic and diluted shares of $0.08 compared to $0.14 in the second quarter of 2022.”
Shareholder Votes

Fastly, Inc. shareholders rejected Approval of performance-based nonstatutory stock option to Artur Bergman at the 2023-06-14 meeting.

“Proposal 4: The grant of the performance-based nonstatutory stock option (the “Bergman Performance Award”) to Artur Bergman, Fastly’s Founder, Chief Architect, and member of the Board of Directors was not approved. Approval of the Bergman Performance Award required the affirmative vote of the holders of a majority of the voting power of (1) the shares of our common stock present online or by proxy at the 2023 Annual Meeting and entitled to vote on the matter (the “Majority Standard”) and (2) the shares of our common stock present online or by proxy at the 2023 Annual Meeting and entitled to vote on the matter that are not owned, directly or indirectly, by Mr. Bergman (the “Disinterested Standard”). The tabulation of votes on this matter was as follows: (1) Pursuant to the Majority Standard, the votes were as follows: For Against Abstain Broker Non-Votes 27,357,284 41,911,222 126,247 27,482,434”
Shareholder Votes

Fastly, Inc. shareholders rejected Advisory vote on compensation of named executive officers at the 2023-06-14 meeting.

“Proposal 3: The compensation of Fastly’s named executive officers, as disclosed in the Proxy Statement, was not approved on an advisory basis. The tabulation of votes on this matter was as follows: For Against Abstain Broker Non-Votes 32,708,795 36,529,865 156,093 27,482,434”
Shareholder Votes

Fastly, Inc. shareholders approved Ratification of selection of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-06-14 meeting.

“Proposal 2: The selection of Deloitte & Touche LLP as Fastly’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified. The tabulation of votes on this matter was as follows: For Against Abstain 95,609,028 1,160,255 107,904”
Shareholder Votes

Fastly, Inc. shareholders approved Election of Directors at the 2023-06-14 meeting.

“Proposal 1: Each of the three directors proposed by Fastly for election was elected by the following votes to serve until Fastly’s 2026 Annual Meeting of Stockholders and until his or her respective successor has been elected and qualified, or, if sooner, until the director’s death, resignation or removal. The tabulation of votes on this matter was as follows: For Withhold Broker Non-Votes Aida Álvarez 36,766,775 32,627,978 27,482,434 Richard Daniels 65,565,302 3,829,451 27,482,434 Todd Nightingale 68,171,014 1,223,739 27,482,434”
Earnings Releases

Fastly, Inc. reported first quarter ended March 31, 2023 results: revenue $ 117,564, net income GAAP net loss of $44.7 million, EPS $(0.36).

““As we continue to gain customer mind share with these efforts, we will be focused on accelerating market share gains as well.” Three months ended March 31, 2023 2022 Revenue $ 117,564 $ 102,382 Gross Margin GAAP gross margin 51.3 % 47.3 % Non-GAAP gross margin 55.6 % 52.6 % Operating loss GAAP operating loss $ (47,275) $ (63,004) Non-GAAP operating loss $”
Earnings Releases

Fastly, Inc. reported financial results for the quarter and full year ended December 31, 2022.

“On February 15, 2023, Fastly, Inc. (the "Company") announced its financial results for the quarter and full year ended December 31, 2022 by issuing a press release.”
Earnings Releases

Fastly, Inc. reported Fourth Quarter and Full Year 2022 results: revenue $112 - $116 million and $425 - $429 million, EPS ($0.15) - ($0.11) and ($0.67) - ($0.63). Guidance initiated.

“Fourth Quarter and Full Year 2022 Guidance: Q4 2022 Full Year 2022 Total Revenue (millions) $112 - $116 $425 - $429 Non-GAAP Operating Loss (millions) (5) ($18.0) - ($14.0) ($82) - ($78) Non-GAAP Net Loss per share (6) (7) ($0.15) - ($0.11) ($0.67) - ($0.63)”
Earnings Releases

Fastly, Inc. reported nine months ended September 30, 2022 results: revenue $313,404, EPS $(1.19).

“Revenue $ 108,504 $ 86,735 $ 313,404 $ 256,613 Gross Margin GAAP gross margin 48.6 % 52.4 % 47.0 % 53.6 % Non-GAAP gross margin 53.6 % 57.5 % 52.2 % 58.4 % Operating loss GAAP operating loss $ (65,765) $ (54,934) $ (197,737) $ (162,365) Non-GAAP operating loss $ (19,841) $ (12,935) $ (64,474) $ (43,400) Net loss per share GAAP net loss per common share—basic and diluted $ (0.52) $ (0.48) $ (1.19) $ (1.43) Non-GAAP net loss per common share—basic and diluted $ (0.14) $ (0.11) $ (0.52) $ (0.38)”
Earnings Releases

Fastly, Inc. reported third quarter ended September 30, 2022 results: revenue $108.5 million, net income $63.4 million, EPS $0.52.

“Third Quarter 2022 Financial Summary • Total revenue of $108.5 million, representing 6% sequential growth and 25% year-over-year growth. • GAAP gross margin of 48.6%, compared to 52.4% in the third quarter of 2021. Non-GAAP gross margin of 53.6%, compared to 57.5% in the third quarter of 2021. • GAAP net loss of $63.4 million, compared to $56.2 million in the third quarter of 2021. Non-GAAP net loss of $16.8 million, compared to $13.2 million in the third quarter of 2021. • GAAP net loss per basic and diluted shares of $0.52 compared to $0.48 in the third quarter of 2021. Non-GAAP net loss per basic and diluted shares of $0.14, compared to $0.11 in the third quarter of 2021.”

Todd Nightingale was appointed as President and Chief Executive Officer at Fastly, Inc..

“at which time Todd Nightingale began serving as the Company’s President and Chief Executive Officer and a member of the Board”

Joshua Bixby was terminated as President and Chief Executive Officer at Fastly, Inc..

“Joshua Bixby’s service as the Company’s President and Chief Executive Officer and as a member of the Board of Directors (the “ Board ”) of Fastly, Inc. (the “ Company ”) terminated, effective as of September 1, 2022”

Todd Nightingale was appointed as Chief Executive Officer at Fastly, Inc..

“On August 3, 2022, the Company announced that Todd Nightingale, age 43, had been appointed to serve as the Company’s Chief Executive Officer and as a member of the Board.”

Joshua Bixby resigned as Chief Executive Officer at Fastly, Inc..

“Joshua Bixby notified the Board of Directors (the “Board”) of Fastly, Inc. (the “Company”) on April 29, 2022 of his decision to resign as the Company’s Chief Executive Officer and as a member of the Board, effective as of the date of his successor’s appointment.”

Joshua Bixby departed as Chief Executive Officer at Fastly, Inc..

“On April 29, 2022, Joshua Bixby notified the Board of Directors (the “Board”) of Fastly, Inc. of his decision to resign as Fastly’s Chief Executive Officer and as a member of the Board, effective as of the date of his successor’s appointment (the “Separation Date”).”

Paul Luongo resigned as Chief Legal and Trust Officer at Fastly, Inc..

“On April 11, 2022, Paul Luongo, Chief Legal and Trust Officer of Fastly, Inc. (the “Company”), notified the Company of his resignation to pursue another opportunity.”

Vanessa Smith was elected as Director at Fastly, Inc..

“On November 1, 2021, the Board elected Richard Daniels as a Class I director whose term will expire at the Company’s 2023 annual meeting of stockholders and Vanessa Smith as a Class II director whose term will expire at the Company’s 2024 annual meeting of stockholders, to fill the vacancies created by Mr. Dhaliwal’s and Ms. Wright’s resignations and effective as of November 1, 2021.”

Richard Daniels was elected as Director at Fastly, Inc..

“On November 1, 2021, the Board elected Richard Daniels as a Class I director whose term will expire at the Company’s 2023 annual meeting of stockholders and Vanessa Smith as a Class II director whose term will expire at the Company’s 2024 annual meeting of stockholders, to fill the vacancies created by Mr. Dhaliwal’s and Ms. Wright’s resignations and effective as of November 1, 2021.”

Kelly Wright resigned as Director at Fastly, Inc..

“On October 28, 2021, Sunil Dhaliwal, a Class I director of the Board of Directors (the “ Board ”) of Fastly, Inc. (the “ Company ”), and Kelly Wright, a Class II director of the Board, each provided notice of their resignation as a member of the Board, effective as of as of the appointment of their successors to the Board.”

Sunil Dhaliwal resigned as Director at Fastly, Inc..

“On October 28, 2021, Sunil Dhaliwal, a Class I director of the Board of Directors (the “ Board ”) of Fastly, Inc. (the “ Company ”), and Kelly Wright, a Class II director of the Board, each provided notice of their resignation as a member of the Board, effective as of as of the appointment of their successors to the Board.”

Charles Meyers was elected as Director at Fastly, Inc..

“elected Charles Meyers as a Class II director”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.