Fastly, Inc. (FSLY) Presents at Piper Sandler 5th Annual Growth Frontiers Conference Transcript

SA Transcripts 162.21K Followers Follow Fastly, Inc. ( FSLY ) Piper Sandler 5th Annual Growth Frontiers Conference September 15, 2026 11:30 AM EDT Company Participants Richard Wong - Chief Financial Officer Vernon Essi - Head of IR Conference Call Participants James Fish - Piper Sandler & Co., Research Division Presentation James Fish Piper Sandler & Co., Research Division Awesome. Well, thanks for joining us, everybody. Jim Fish with Piper Sandler. I know we've got lunch coming up here shortly, but I have the privilege of chatting with Rich and Vernon of Fastly ahead of this little Analyst Day. So we'll just do all the Analyst Day presentation right now, if you don't mind. But thanks for joining us. I've got a bunch of questions to run through, and I'll open it up if we've got some time at the end, if anyone in the audience has one. Question-and-Answer Session James Fish Piper Sandler & Co., Research Division Rich, it's been a year at Fastly. This was the first conference you had when you first joined. So I appreciate you being back. One of the things that we're asking across companies this week is just how does the IT spending landscape look like across your installed base? What's going on in terms of the impact of AI on budgets, whether it's from the delivery and networking side of things or even the security side for you guys? Richard Wong Chief Financial Officer Sure. I think overall, I think we continue to see strong healthy demand for our spend -- the spend that our customers are spending. We did 23% year-over-year growth, $183 million last quarter, and it was broad-based. It was actually across the 3 different product lines or revenue lines that we do, right? So delivery services grew 17% year-over-year. We had security growing 43% year-over-year, and we have other, which is primarily our compute.