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Fastly, Inc. (FSLY)

Income Statement Business | Geographic

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17
   10-K10-K10-K10-K10-K10-K
Revenues  432.7354.3290.9200.5144.6104.9
            Revenue growth  22.1%21.8%45.1%38.7%37.8% 
Cost of goods sold  222.9167.0120.088.365.548.7
Gross profit  209.8187.3170.9112.179.156.2
            Gross margin  48.5%52.9%58.7%55.9%54.7%53.6%
Selling, general and administrative   [+]300.7279.5203.3112.273.658.3
Research and development  155.3126.974.846.534.629.0
EBITDA   [+]-181.9-169.0-82.2-30.0-15.7-21.4
            EBITDA margin  -42.0%-47.7%-28.2%-15.0%-10.9%-20.4%
Depreciation  42.628.819.816.513.39.6
EBITA  -224.5-197.8-101.9-46.4-29.0-31.0
            EBITA margin  -51.9%-55.8%-35.0%-23.2%-20.1%-29.6%
Amortization of intangibles  21.721.25.30.10.1 
EBIT   [+]-246.2-219.0-107.2-46.5-29.1-31.0
            EBIT margin  -56.9%-61.8%-36.9%-23.2%-20.2%-29.6%
Interest expense, net   [+]-1.24.0-0.11.90.90.7
Other income (expense), net   [+]54.40.4-0.3-2.6-0.7-0.5
Pre-tax income  -190.7-222.6-107.4-51.1-30.8-32.2
Income taxes  0.10.1-11.50.50.20.2
            Tax rate    10.7%   
Net income  -190.8-222.7-95.9-51.6-30.9-32.5
            Net margin  -44.1%-62.9%-33.0%-25.7%-21.4%-30.9%
   
Basic EPS   [+]($1.57)($1.92)($0.93)($0.75)($1.27)($1.39)
Diluted EPS   [+]($1.57)($1.92)($0.93)($0.75)($1.27)($1.39)
   
Shares outstanding (basic)   [+]121.7116.1103.668.424.423.4
Shares outstanding (diluted)   [+]121.7116.1103.668.424.423.4
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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