Here are a few brief analogies to describe Fastly:

• It's like **Cloudflare**, but with a strong emphasis on empowering developers to build custom applications right at the edge of the internet.
• Think of it as **Akamai** for the modern internet, specializing in content delivery, security, and programmable edge computing for developers.

• Edge Cloud Platform: A programmable Infrastructure as a Service (IaaS) platform enabling developers to build, secure, and deliver digital experiences at the edge of the internet.
• Compute@Edge: A serverless compute environment allowing developers to run custom code and logic closer to end-users on Fastly's edge network.
• Full Site Delivery Services: Comprehensive services designed to accelerate and optimize website and application content delivery globally, including dynamic site acceleration, origin shielding, and instant content purging.
• Streaming Solutions: Services optimized for delivering live streaming and video-on-demand content efficiently and reliably to global audiences.
• Edge Security Solutions: A suite of services providing protection against cyber threats, including DDoS protection, Edge Web Application Firewall (WAF), and Transport Layer Security (TLS).
• Unified Web Application & API Protection (WAF & API Protection): Advanced security solutions offering runtime self-application protection, bot mitigation, API and account takeover protection, and a next-generation WAF.
• Edge Applications (Load Balancers & Image Optimizers): Application-level services like load balancing for traffic distribution and image optimization for faster content loading.
• Developer Hub: A resource center providing tools, documentation, solution patterns, and APIs for developers building on the Fastly platform.
• Edge Intelligence & Control Services: Features such as device detection, geolocation, edge dictionaries, and access control lists that empower granular control and customization at the network edge.

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Kip Compton, Chief Executive Officer

Kip Compton joined Fastly in January 2024 as Chief Product Officer and has served as Chief Executive Officer since June 2025. Prior to joining Fastly, Mr. Compton served as the Senior Vice President of Strategy & Business Development of the Cisco Networking business from 2020 to August 2023. He has over 25 years of senior leadership experience driving innovation in cloud, video, Internet of Things (IoT), and networking.

Richard Wong, Chief Financial Officer

Richard Wong has served as Fastly's Chief Financial Officer since August 2025. Previously, Mr. Wong served as Chief Financial Officer of Benchling from November 2020 to May 2024, and as Chief Financial Officer of Houzz Inc. from May 2018 to November 2020. He held senior finance roles at LinkedIn and Yahoo!, and began his career as an investment banker at JPMorgan and Banc of America Securities.

Artur Bergman, Chief Technology Officer and Director

Artur Bergman has served as Fastly's Chief Technology Officer since April 2024. He founded Fastly in March 2011 and served as its Chief Executive Officer until February 2020, and as Chairperson of the Board of Directors from February 2020 to April 2023. From September 2007 to June 2011, Mr. Bergman served as Manager, Vice President, then Chief Technology Officer of Wikia, Inc.

Scott R. Lovett, President, Go to Market

Scott Lovett has served as Fastly's President, Go to Market since August 2025. He previously served as Fastly's Chief Revenue Officer from August 2024 until August 2025. Prior to that, Mr. Lovett served as Chief Revenue Officer at Imperva, Inc. from August 2021 to May 2024, and as Senior Vice President of Global Web & Security Sales at Akamai Technologies, Inc. from April 2018 to April 2021.

Kelly Shortridge, Chief Product Officer

Kelly Shortridge serves as the Chief Product Officer at Fastly.

• The edge cloud and content delivery network (CDN) market in which Fastly operates is intensely competitive, featuring large, established technology companies and other specialized providers. Fastly's ability to maintain and grow its market share depends on its continuous innovation, differentiation of its platform, and effective competition on factors such as performance, security, features, and pricing.
• As a provider of critical infrastructure for processing, serving, and securing customer applications at the edge of the internet, Fastly faces significant risks related to security vulnerabilities and service disruptions. Any breach of its own security, or a widespread or prolonged outage of its platform, could lead to severe reputational damage, loss of customer trust, data loss for customers, and potential financial and legal liabilities.
• Fastly's business model heavily relies on the adoption and continued use of its programmable edge cloud platform by developers and businesses. The company's growth and revenue are dependent on its ability to attract new customers and retain existing ones by providing a platform that meets evolving developer needs and offers a superior experience compared to competing solutions.

The accelerating maturation and bundling of edge computing, content delivery network (CDN), and security services by hyperscale cloud providers (such as Amazon Web Services, Google Cloud Platform, and Microsoft Azure) into their broader cloud ecosystems. As these providers increasingly offer sophisticated, performant, and tightly integrated edge solutions that are seamlessly linked with their core compute, storage, and database offerings, they pose an emerging threat to specialized edge platforms like Fastly. Customers, particularly those already deeply invested in a hyperscaler's ecosystem, may increasingly opt for a single-vendor solution for their entire application stack, potentially reducing the need for a standalone, specialized edge cloud provider and shifting market preference towards consolidated cloud infrastructure.

Fastly, Inc. (FSLY) operates within several significant and growing addressable markets for its main products and services. These include edge computing, content delivery networks (CDN), and various edge security solutions like DDoS protection and web application firewalls (WAF), as well as serverless computing (which includes its Compute@Edge offering).

Here are the estimated market sizes for Fastly's key offerings:

• Edge Computing (Global): The global edge computing market was estimated at approximately USD 23.65 billion in 2024. This market is projected to grow significantly, reaching an estimated USD 327.79 billion by 2033, demonstrating a compound annual growth rate (CAGR) of 33.0% from 2025 to 2033.
• Content Delivery Network (CDN) (Global): The global content delivery network (CDN) market size was valued at USD 23.69 billion in 2024. This market is expected to expand to USD 73.48 billion by 2033, exhibiting a CAGR of 11.98% during the period of 2025-2033.
• DDoS Protection (Global): The global DDoS protection and mitigation security market was valued at USD 4.99 billion in 2024. It is projected to reach USD 13.45 billion by 2032, with a CAGR of 13.20% from 2025 to 2032.
• Web Application Firewall (WAF) (Global): The global web application firewall (WAF) market size was valued at USD 8.60 billion in 2025. This market is projected to grow to USD 30.86 billion by 2034, at a CAGR of 14.90%.
• Serverless Computing (Global) (includes Compute@Edge): The global serverless computing market size was estimated at USD 24.51 billion in 2024. It is projected to reach USD 52.13 billion by 2030, growing at a CAGR of 14.1% from 2025 to 2030.

Fastly (FSLY) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:

1. Expansion of Security Solutions: Fastly's comprehensive suite of security offerings, including Web Application Firewall (WAF), bot management, DDoS protection, and API security, is a significant growth driver. The company has broadened its security product portfolio and seen accelerated growth in this segment, with security revenue showing strong year-over-year increases. Analysts and Fastly's own reports indicate that security services are becoming a more substantial portion of its revenue, and new product adoptions are contributing to this growth.
2. Growth in Edge Computing and AI Workloads: Fastly is well-positioned to capitalize on the burgeoning edge computing market, especially with the increasing demand for artificial intelligence (AI) workloads that require low-latency processing at the edge of the internet. The company's Compute@Edge platform is a key offering in this area, with new products like the Fastly AI accelerator gaining strong customer interest and driving Remaining Performance Obligations (RPO) growth. This focus on "Edge Intelligence" and supporting agentic AI products is expected to be a transformative opportunity.
3. Customer Acquisition and Expansion within Existing Enterprise Customers: Fastly is actively focused on expanding its customer base, particularly its high-value enterprise customers (those generating over $100,000 in annual revenue). The company has demonstrated success in increasing its enterprise customer count and improving its trailing-12-month net retention rate, indicating that existing customers are increasing their spending. Initiatives such as new packaging, channel programs, and a renewed demand generation focus are contributing to a faster pace of customer acquisition. Additionally, opportunities to acquire market share from competitors, such as former Edgio customers, are also contributing to larger customer commitments.
4. International Market Expansion: While the United States remains Fastly's primary market, the company has observed significant growth in other regions, with the Asia Pacific market, for example, showing explosive year-over-year revenue growth. Continued expansion and increased penetration in international markets are expected to contribute to overall revenue diversification and growth.