vs

Side-by-side financial comparison of AVANOS MEDICAL, INC. (AVNS) and Fastly, Inc. (FSLY). Click either name above to swap in a different company.

AVANOS MEDICAL, INC. is the larger business by last-quarter revenue ($180.9M vs $172.6M, roughly 1.0× Fastly, Inc.). AVANOS MEDICAL, INC. runs the higher net margin — -0.7% vs -9.0%, a 8.3% gap on every dollar of revenue. On growth, Fastly, Inc. posted the faster year-over-year revenue change (22.8% vs 0.7%). AVANOS MEDICAL, INC. produced more free cash flow last quarter ($21.3M vs $12.2M). Over the past eight quarters, Fastly, Inc.'s revenue compounded faster (13.7% CAGR vs 4.4%).

Avanos Medical, Inc. is a medical technology company making clinical medical devices. The company consists of two franchises – Pain Management and Chronic Care – that address reducing the use of opioids while helping patients recover faster and preventing infection.

Fastly, Inc. is an American company based in San Francisco, which describes itself as a cloud computing company. Fastly provides content delivery network services, image optimization, and load balancing services. Fastly's cloud security services include denial-of-service attack protection, bot mitigation, and a web application firewall.

AVNS vs FSLY — Head-to-Head

Bigger by revenue
AVNS
AVNS
1.0× larger
AVNS
$180.9M
$172.6M
FSLY
Growing faster (revenue YoY)
FSLY
FSLY
+22.1% gap
FSLY
22.8%
0.7%
AVNS
Higher net margin
AVNS
AVNS
8.3% more per $
AVNS
-0.7%
-9.0%
FSLY
More free cash flow
AVNS
AVNS
$9.1M more FCF
AVNS
$21.3M
$12.2M
FSLY
Faster 2-yr revenue CAGR
FSLY
FSLY
Annualised
FSLY
13.7%
4.4%
AVNS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVNS
AVNS
FSLY
FSLY
Revenue
$180.9M
$172.6M
Net Profit
$-1.3M
$-15.5M
Gross Margin
47.5%
61.4%
Operating Margin
1.4%
-8.7%
Net Margin
-0.7%
-9.0%
Revenue YoY
0.7%
22.8%
Net Profit YoY
99.7%
52.9%
EPS (diluted)
$-0.02
$-0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVNS
AVNS
FSLY
FSLY
Q4 25
$180.9M
$172.6M
Q3 25
$177.8M
$158.2M
Q2 25
$175.0M
$148.7M
Q1 25
$167.5M
$144.5M
Q4 24
$179.6M
$140.6M
Q3 24
$170.4M
$137.2M
Q2 24
$171.7M
$132.4M
Q1 24
$166.1M
$133.5M
Net Profit
AVNS
AVNS
FSLY
FSLY
Q4 25
$-1.3M
$-15.5M
Q3 25
$-1.4M
$-29.5M
Q2 25
$-76.8M
$-37.5M
Q1 25
$6.6M
$-39.1M
Q4 24
$-397.3M
$-32.9M
Q3 24
$4.3M
$-38.0M
Q2 24
$1.8M
$-43.7M
Q1 24
$-900.0K
$-43.4M
Gross Margin
AVNS
AVNS
FSLY
FSLY
Q4 25
47.5%
61.4%
Q3 25
48.4%
58.4%
Q2 25
52.6%
54.5%
Q1 25
53.6%
53.2%
Q4 24
54.6%
53.4%
Q3 24
54.5%
54.5%
Q2 24
55.7%
55.1%
Q1 24
57.1%
54.8%
Operating Margin
AVNS
AVNS
FSLY
FSLY
Q4 25
1.4%
-8.7%
Q3 25
0.1%
-18.2%
Q2 25
-42.6%
-24.8%
Q1 25
6.1%
-26.4%
Q4 24
-233.0%
-24.4%
Q3 24
7.0%
-29.6%
Q2 24
3.7%
-35.3%
Q1 24
2.4%
-34.6%
Net Margin
AVNS
AVNS
FSLY
FSLY
Q4 25
-0.7%
-9.0%
Q3 25
-0.8%
-18.6%
Q2 25
-43.9%
-25.2%
Q1 25
3.9%
-27.1%
Q4 24
-221.2%
-23.4%
Q3 24
2.5%
-27.7%
Q2 24
1.0%
-33.0%
Q1 24
-0.5%
-32.5%
EPS (diluted)
AVNS
AVNS
FSLY
FSLY
Q4 25
$-0.02
$-0.10
Q3 25
$-0.03
$-0.20
Q2 25
$-1.66
$-0.26
Q1 25
$0.14
$-0.27
Q4 24
$-8.64
$-0.23
Q3 24
$0.09
$-0.27
Q2 24
$0.04
$-0.32
Q1 24
$-0.02
$-0.32

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVNS
AVNS
FSLY
FSLY
Cash + ST InvestmentsLiquidity on hand
$89.8M
$361.8M
Total DebtLower is stronger
$90.3M
Stockholders' EquityBook value
$778.2M
$929.6M
Total Assets
$1.1B
$1.5B
Debt / EquityLower = less leverage
0.12×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVNS
AVNS
FSLY
FSLY
Q4 25
$89.8M
$361.8M
Q3 25
$70.5M
$342.9M
Q2 25
$90.3M
$321.2M
Q1 25
$97.0M
$307.3M
Q4 24
$107.7M
$295.9M
Q3 24
$89.0M
$308.2M
Q2 24
$92.2M
$311.8M
Q1 24
$75.8M
$329.5M
Total Debt
AVNS
AVNS
FSLY
FSLY
Q4 25
$90.3M
Q3 25
$93.4M
Q2 25
$95.7M
Q1 25
$98.0M
Q4 24
$125.3M
Q3 24
$152.6M
Q2 24
$164.9M
Q1 24
$167.2M
Stockholders' Equity
AVNS
AVNS
FSLY
FSLY
Q4 25
$778.2M
$929.6M
Q3 25
$778.0M
$937.0M
Q2 25
$776.3M
$942.6M
Q1 25
$839.4M
$957.0M
Q4 24
$828.5M
$965.3M
Q3 24
$1.2B
$969.5M
Q2 24
$1.2B
$981.2M
Q1 24
$1.2B
$991.8M
Total Assets
AVNS
AVNS
FSLY
FSLY
Q4 25
$1.1B
$1.5B
Q3 25
$1.1B
$1.5B
Q2 25
$1.0B
$1.5B
Q1 25
$1.1B
$1.4B
Q4 24
$1.2B
$1.5B
Q3 24
$1.7B
$1.5B
Q2 24
$1.7B
$1.5B
Q1 24
$1.7B
$1.5B
Debt / Equity
AVNS
AVNS
FSLY
FSLY
Q4 25
0.12×
Q3 25
0.12×
Q2 25
0.12×
Q1 25
0.12×
Q4 24
0.15×
Q3 24
0.12×
Q2 24
0.13×
Q1 24
0.14×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVNS
AVNS
FSLY
FSLY
Operating Cash FlowLast quarter
$28.2M
$22.4M
Free Cash FlowOCF − Capex
$21.3M
$12.2M
FCF MarginFCF / Revenue
11.8%
7.1%
Capex IntensityCapex / Revenue
3.8%
5.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$43.1M
$65.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVNS
AVNS
FSLY
FSLY
Q4 25
$28.2M
$22.4M
Q3 25
$14.0M
$28.9M
Q2 25
$6.8M
$25.8M
Q1 25
$25.7M
$17.3M
Q4 24
$57.9M
$5.2M
Q3 24
$23.0M
$5.0M
Q2 24
$27.8M
$-4.9M
Q1 24
$-8.0M
$11.1M
Free Cash Flow
AVNS
AVNS
FSLY
FSLY
Q4 25
$21.3M
$12.2M
Q3 25
$7.0M
$22.9M
Q2 25
$-4.2M
$15.9M
Q1 25
$19.0M
$14.7M
Q4 24
$53.1M
$251.0K
Q3 24
$20.0M
$3.0M
Q2 24
$21.9M
$-6.7M
Q1 24
$-12.1M
$9.5M
FCF Margin
AVNS
AVNS
FSLY
FSLY
Q4 25
11.8%
7.1%
Q3 25
3.9%
14.5%
Q2 25
-2.4%
10.7%
Q1 25
11.3%
10.2%
Q4 24
29.6%
0.2%
Q3 24
11.7%
2.2%
Q2 24
12.8%
-5.1%
Q1 24
-7.3%
7.1%
Capex Intensity
AVNS
AVNS
FSLY
FSLY
Q4 25
3.8%
5.9%
Q3 25
3.9%
3.8%
Q2 25
6.3%
6.6%
Q1 25
4.0%
1.8%
Q4 24
2.7%
3.5%
Q3 24
1.8%
1.5%
Q2 24
3.4%
1.3%
Q1 24
2.5%
1.2%
Cash Conversion
AVNS
AVNS
FSLY
FSLY
Q4 25
Q3 25
Q2 25
Q1 25
3.89×
Q4 24
Q3 24
5.35×
Q2 24
15.44×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVNS
AVNS

Enteral Feeding$83.0M46%
Radiofrequency Ablation$36.9M20%
Neonate Solutions$32.1M18%
Surgical Pain And Recovery$24.7M14%
Corporate Other$4.2M2%

FSLY
FSLY

Network Services$130.8M76%
Security$35.4M21%
Other$6.4M4%

Related Comparisons