Fastly (FSLY) 46th Annual William Blair Growth Stock Conference summary

Company overview and market positioning

• Operates as an edge cloud platform focused on fast, safe, and engaging internet experiences.

• Serves a $22 billion total addressable market projected for 2026, with over 600 large customers and a global workforce of 1,100.

• Achieved $653 million in last 12-month revenue, growing 20% year-over-year, with a 113% net revenue retention rate.

• Recognized for high customer satisfaction (95%+ CSAT) and industry-leading performance, including 32% faster time to first byte than competitors.

• Unified platform supports delivery, security, and compute/observability, enhancing customer experience and operational efficiency.

Business segments and growth drivers

• Network Services (content delivery) represents 73% of revenue, growing 11% year-over-year.

• Security is 22% of revenue, growing 47% year-over-year, with five security products now offered.

• Compute and observability (Other) is 5% of revenue, growing 67% year-over-year.

• Growth driven by product innovation, expanded security suite, and improved go-to-market execution.

• International expansion, especially in APAC and Latin America, is a key focus.

Technology and competitive differentiation

• Fewer but more powerful and programmable POPs enable better performance and capital efficiency.

• Modern architecture and technology-first approach recognized by analysts and customers.

• Industry awards and analyst recognition highlight leadership in performance and product quality.

• Edge platform enables fast, resilient, and secure content delivery, with strong use cases in security and compute.

• Security at the edge and advanced purging technology support dynamic, personalized content.