Every material Form 8-K Fastly, Inc. has filed with the SEC since August 17, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Fastly said its President, Go to Market, Scott Lovett, plans to retire during 2027, and the company has begun searching for a Chief Revenue Officer. Under a separation agreement dated October 30, 2026, he will stay in his role through a transition period and then serve as a non-employee Senior Advisor through June 30, 2027, unless extended.
Retirement date to be determined during 2027; Lovett keeps his $450,000 base salary and $450,000 target annual commission until then
Lovett receives no new equity awards during the transition period but continues vesting existing awards through the consulting period
Consulting period runs through June 30, 2027, with a possible extension by written agreement
Fastly is conducting a search for a new Chief Revenue Officer; CEO Kip Compton will lead the search with Lovett
Fastly reported third-quarter 2026 revenue of $190.2 million, up 20% from a year earlier, and a GAAP loss from operations of $11.3 million, down from $28.8 million. The company also issued fourth-quarter and full-year 2026 guidance, forecasting fourth-quarter revenue of $198.0 million to $202.0 million.
Q3 2026 revenue was $190.2 million, up 20% year over year; Security revenue rose 32% to $44.7 million.
GAAP net loss narrowed to $11.3 million, or $0.07 per share, from $29.5 million, or $0.20 per share, a year earlier.
Non-GAAP diluted EPS was $0.17, compared with $0.07 in Q3 2025.
Guidance: Q4 2026 revenue of $198.0 million to $202.0 million; full-year 2026 revenue of $744.0 million to $748.0 million.
Fastly amended its credit agreement on August 17, 2026, increasing its senior secured revolving facility from $60.0 million to $100.0 million and extending the scheduled maturity to August 17, 2029. The amendment also lowers borrowing rates by 0.25% and changes the commitment fee structure, with maturity terms tied to Net Liquidity tests linked to its 7.75% convertible notes due 2028.
Revolving commitments increased from $60.0 million to $100.0 million.
Scheduled Revolving Termination Date extended to August 17, 2029, with a one-year extension option if Net Liquidity is at least $200.0 million.
Borrowing rates reduced by 0.25%, to SOFR plus 1.75% or base rate plus 0.75%.
Commitment fee is 0.25% per annum on unused commitments when average usage is $50.0 million or less, and 0.20% when usage is above $50.0 million.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Fastly, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →