Fastly, Inc. entered into a Fourth Amendment to its Credit Agreement on August 17, 2026, increasing the senior secured revolving facility commitments from $60.0 million to $100.0 million. The amendment extends the maturity date to August 17, 2029, subject to extension options and springing maturity conditions tied to the outstanding 7.75% convertible senior notes due 2028 and net liquidity thresholds of $200.0 million or $120.0 million. Interest rates were reduced by 25 basis points to SOFR plus 1.75% or base rate plus 0.75%, and the commitment fee structure was adjusted based on outstanding balances. Fastly, Inc. operates in the technology industry, providing edge cloud computing services.

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.

Fastly, Inc. appointed Jeffrey Ford as principal accounting officer effective June 3, 2026, while Richard Wong continues as Chief Financial Officer. Mr. Ford previously held leadership roles at LivePerson, Inc., Stripe, LLC, and CrowdStrike, Inc. The company held its 2026 Annual Meeting of Stockholders on June 3, 2026, where directors Aida Álvarez, Charles Compton, and Richard Daniels were elected, KPMG LLP was ratified as independent auditor, and executive compensation was approved on an advisory basis. Fastly, Inc. is a cloud computing and edge computing platform provider.