Fastly, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-121.7M | $-158.1M | $-133.1M | $-190.8M | $-222.7M | $-95.9M | $-51.6M | $-30.9M |
| Depreciation & Amortization | — | — | — | — | $28.8M | $20.0M | $16.6M | $13.4M |
| Depreciation | $61.0M | $54.0M | $51.6M | $42.6M | $28.8M | $19.8M | $16.4M | $13.3M |
| Amortization | $16.8M | $19.6M | $20.4M | $21.7M | $21.2M | $5.3M | $100.0K | $100.0K |
| Stock-Based Compensation | $117.3M | $107.9M | $136.3M | $145.8M | $140.5M | $64.4M | $12.1M | $4.1M |
| Net Cash from Operating Activities | $94.4M | $16.4M | $362.0K | $-69.6M | $-38.5M | $-19.9M | $-31.3M | $-17.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $28.7M | $10.3M | $11.0M | $20.0M | $34.8M | $29.6M | $14.6M | $16.7M |
| Business Acquisitions | — | $0 | $0 | $25.9M | $1.2M | $201.0M | $0 | $0 |
| Net Cash from Investing Activities | $-213.0M | $178.9M | $294.9M | $235.8M | $-794.5M | $-275.0M | $-87.7M | $-47.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $12.8M | $-17.1M | $-331.4M | $-189.1M | $936.6M | $272.7M | $168.1M | $69.6M |
| Net Change in Cash | $-105.6M | $178.1M | $-35.5M | $-23.4M | $103.1M | $-22.3M | $49.3M | $5.6M |
| Free Cash Flow | $65.8M | $6.1M | $-10.6M | $-89.6M | $-73.3M | $-49.5M | $-45.9M | $-33.7M |