Equity Profile

FSLY

Fastly, Inc.

Information TechnologyInternet Services & Infrastructure$2.8B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Fastly, Inc. is a technology company that provides cloud computing services, focusing on delivering fast and secure content to users....

Key Metrics to Watch

Revenue Growth

Revenue growth is critical as it indicates the company's ability to attract and retain customers in a competitive market.

N/A

Earnings Per Share (EPS)

EPS is a key measure of profitability and can impact investor sentiment significantly.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

FSLY Q2-2026 Earnings Preview

Context

Company Snapshot

Fastly, Inc. is a technology company that provides cloud computing services, focusing on delivering fast and secure content to users. As part of the Information Technology sector, Fastly plays a crucial role in the growing demand for internet services and infrastructure, especially as online activity continues to rise.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+121.49%

Avg Stock Reaction

+1.40%

Last Quarter Recap

In Q1 2026, Fastly reported an EPS of $0.13, significantly beating expectations by over 200%. However, the stock saw a slight decline of 2.44% the following day, indicating mixed investor reactions despite the strong earnings surprise.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic ahead of Fastly's earnings report, especially given the company's consistent ability to beat EPS estimates in recent quarters. However, the lack of specific guidance may lead to uncertainty about future growth.

Bull Case

If Fastly continues its trend of beating EPS estimates and shows strong revenue growth, it could signal robust demand for its services, leading to a positive market reaction.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could raise concerns about its growth trajectory, leading to a negative impact on the stock.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given Fastly's history of beating EPS estimates, this number will be crucial in determining investor sentiment and stock performance.

What is the current customer retention rate?

Understanding how well Fastly retains its customers will provide insights into its competitive position and future revenue potential.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Fastly's ability to maintain high customer retention rates, which could drive stronger-than-expected revenue growth this quarter.

Supporting Evidence

Fastly has consistently beaten EPS estimates, indicating strong operational performance.

The options market is pricing in a significant move, suggesting that investors expect volatility and potential upside.

Key Risk

If customer retention rates are reported above 90%, it could significantly shift market sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is pivotal as it will either reinforce Fastly's growth narrative or raise red flags about its market position.

Bull Confirmed If

A revenue growth rate of over 20% year-over-year would confirm the bull case.

Bear Confirmed If

If EPS falls below $0.10, it would support the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±43.35%

Historical Avg

±2.6%

Pricing rich

The options market is pricing in a significant potential move, suggesting that investors expect volatility around the earnings announcement.

Options are pricing ±19.6% while FSLY has averaged ±2.6% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

1.0%

30d HV

165.8%

Calls (669K)P/C Ratio: 0.28Puts (73K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Information Technology

n=30

Fade rate: 10 of 21 (48%)

This setup has occurred 30 times across Information Technology in the last 2 years. 10 of 21 faded and 11 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 7.3%, with a raw directional average of +1.2% (modestly positive historical bias).

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$720,312.76

29,533 sh

1 insider

Net

$720,312.76

Net selling

Most Active Insiders· 4 open-market trades

CEOCompton Charles Lacey III
$720,312.76
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Fastly beats expectations, history suggests a potential stock increase of around 1.4%, confirming the company's growth narrative.

In-Line / Cautious

If results are in line with expectations but lack strong guidance, the stock may see muted reactions as investors weigh future growth prospects.

Miss

A miss on EPS could lead to a decline, with historical patterns indicating a potential drop of around 2.58%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on customer acquisition strategies and their effectiveness.
2Insights into competitive pressures in the cloud services market.
3Details on any new product offerings or enhancements.
4Management's outlook on future revenue growth and market conditions.
5Any commentary on operational efficiencies or cost management.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Aug3

ONBMO

ON Semiconductor Corporation

PreviewView

Aug3

LBMO

Company Snapshot

Fastly, Inc. is a technology company that provides cloud computing services, focusing on delivering fast and secure content to users....

Key Metrics to Watch

Revenue Growth

Revenue growth is critical as it indicates the company's ability to attract and retain customers in a competitive market.

N/A

Earnings Per Share (EPS)

EPS is a key measure of profitability and can impact investor sentiment significantly.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

FSLY Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

100%

Avg EPS Surprise

+121.49%

Avg Stock Reaction

+1.40%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If Fastly continues its trend of beating EPS estimates and shows strong revenue growth, it could signal robust demand for its services, leading to a positive market reaction.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance, it could raise concerns about its growth trajectory, leading to a negative impact on the stock.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will the EPS be for Q2-2026?

Given Fastly's history of beating EPS estimates, this number will be crucial in determining investor sentiment and stock performance.

What is the current customer retention rate?

Understanding how well Fastly retains its customers will provide insights into its competitive position and future revenue potential.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may underestimate Fastly's ability to maintain high customer retention rates, which could drive stronger-than-expected revenue growth this quarter.

Supporting Evidence

Fastly has consistently beaten EPS estimates, indicating strong operational performance.

The options market is pricing in a significant move, suggesting that investors expect volatility and potential upside.

Key Risk

If customer retention rates are reported above 90%, it could significantly shift market sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's performance is pivotal as it will either reinforce Fastly's growth narrative or raise red flags about its market position.

Bull Confirmed If

A revenue growth rate of over 20% year-over-year would confirm the bull case.

Bear Confirmed If

If EPS falls below $0.10, it would support the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±43.35%

Historical Avg

±2.6%

Pricing rich

The options market is pricing in a significant potential move, suggesting that investors expect volatility around the earnings announcement.

Options are pricing ±19.6% while FSLY has averaged ±2.6% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

1.0%

30d HV

165.8%

Calls (669K)P/C Ratio: 0.28Puts (73K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Information Technology

n=30

Fade rate: 10 of 21 (48%)

Edge

Insider Activity

Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.

Bought

$0.00

0 sh

0 insiders

Sold

$720,312.76

29,533 sh

1 insider

Net

$720,312.76

Net selling

Most Active Insiders· 4 open-market trades

CEOCompton Charles Lacey III
$720,312.76
Net selling

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Fastly beats expectations, history suggests a potential stock increase of around 1.4%, confirming the company's growth narrative.

In-Line / Cautious

If results are in line with expectations but lack strong guidance, the stock may see muted reactions as investors weigh future growth prospects.

Miss

A miss on EPS could lead to a decline, with historical patterns indicating a potential drop of around 2.58%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on customer acquisition strategies and their effectiveness.
2Insights into competitive pressures in the cloud services market.
3Details on any new product offerings or enhancements.
4Management's outlook on future revenue growth and market conditions.
5Any commentary on operational efficiencies or cost management.