Fastly Inc-A 2025年季度报告

☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedMarch31, 2025 or ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIES EXCHANGE ACT OF 1934 27-5411834(I.R.S. EmployerIdentification No.) 475 Brannan Street, Suite 300San Francisco,CA94107(Address of principal executive offices) (Zip code) (844)432-7859(Registrant's telephone number, including area code) Not Applicable(Former name, former address and former fiscal year, if changed since last report)____________________________ Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Act of 1934 during thepreceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of RegulationS-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerginggrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule12b-2 of theExchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒ TABLE OF CONTENTS Part I - Financial InformationItem 1.Financial Statements (unaudited)5Condensed Consolidated Balance Sheets as of March 31, 2025 and December 31, 20245Condensed Consolidated Statements of Operations for the Three Months Ended March 31, 2025 and 20246Condensed Consolidated Statements of Comprehensive Loss for the Three Months Ended March 31, 2025 and 20247Condensed Consolidated Statements of Stockholders' Equity for the Three Months Ended March 31, 2025 and 20248Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2025 and 20249Notes to Condensed Consolidated Financial Statements11Item 2.Management's Discussion and Analysis of Financial Condition and Results of Operations32Item 3.Quantitative and Qualitative Disclosures about Market Risk46Item 4.Controls and Procedures46Part II - Other Information48Item 1.Legal Proceedings48Item 1A.Risk Factors48Item 2.Unregistered Sales of Equity Securities and Use of Proceeds87Item 3.Defaults Upon Senior Securities87Item 4.Mine Safety Disclosures87Item 5.Other Information88Item 6.Exhibits89Signatures90 SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the SecuritiesAct of 1933, as amended, (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended, (the “ExchangeAct”), about us and our industry that involve substantial risks and uncertainties. All statements other than statements of historical factscontained in this Quarterly Report on Form 10-Q, including statements regarding our future results of operations and financialcondition, business strategy, and plans and objectives of management for future operations, are forward-looking statements. In somecases, forward-looking statements may be identified by words such as “anticipate,” “believe,” “continue,” “could,” “design,”“estimate,” “expect,” “intend,” “may,” “plan,” “potentially,” “predict,” “project,” “should,” “will,” “would,” “target,” or the negativeof these terms or other similar expressions. Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available.These forward-looking statements are subject to a number of known and unknown risks, uncertainties and assumptions, including risksdescribed in the section titled “Risk Factors” and elsewhere in this Quarterly Report on Form 10-Q, regarding, amongst other things: •defects, interruptions, outages, delays in performance, or similar problems with our platform;•our ability to attract new enterprise customers and to have existing enterprise customers continue and increase their useof our platform;•the potential loss or significant reduction in usage by one or more of our major customers;•component delays, shortages, and price increases;•our history of operating losses;•the potential that security measures, or those of third parties upon which we rely, ar