Fastly reported second quarter 2026 financial results with record revenue of $183.3 million, a 23% year-over-year increase. The company achieved a record GAAP gross margin of 63.3% and non-GAAP operating income of $27.0 million, turning from a loss in the prior year period. Last twelve-month net retention rate reached 117%, up from 113% in the first quarter. Management raised its full-year guidance to $732–$746 million in revenue and $88–$96 million in non-GAAP operating income, citing strong execution and customer trust in its edge cloud platform. Fastly operates in the technology sector, providing a global edge cloud platform for content delivery, security, and compute services.
