vs
Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and Fastly, Inc. (FSLY). Click either name above to swap in a different company.
CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $172.6M, roughly 1.3× Fastly, Inc.). CSW INDUSTRIALS, INC. runs the higher net margin — 4.4% vs -9.0%, a 13.4% gap on every dollar of revenue. On growth, Fastly, Inc. posted the faster year-over-year revenue change (22.8% vs 20.3%). CSW INDUSTRIALS, INC. produced more free cash flow last quarter ($22.7M vs $12.2M). Over the past eight quarters, Fastly, Inc.'s revenue compounded faster (13.7% CAGR vs 5.1%).
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.
CSW vs FSLY — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $233.0M | $172.6M |
| Net Profit | $10.3M | $-15.5M |
| Gross Margin | 39.7% | 61.4% |
| Operating Margin | 7.4% | -8.7% |
| Net Margin | 4.4% | -9.0% |
| Revenue YoY | 20.3% | 22.8% |
| Net Profit YoY | -61.9% | 52.9% |
| EPS (diluted) | $0.62 | $-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.
| Q4 25 | $233.0M | $172.6M | ||
| Q3 25 | $277.0M | $158.2M | ||
| Q2 25 | $263.6M | $148.7M | ||
| Q1 25 | $230.5M | $144.5M | ||
| Q4 24 | $193.6M | $140.6M | ||
| Q3 24 | $227.9M | $137.2M | ||
| Q2 24 | $226.2M | $132.4M | ||
| Q1 24 | $210.9M | $133.5M |
| Q4 25 | $10.3M | $-15.5M | ||
| Q3 25 | $40.7M | $-29.5M | ||
| Q2 25 | $40.9M | $-37.5M | ||
| Q1 25 | $35.1M | $-39.1M | ||
| Q4 24 | $26.9M | $-32.9M | ||
| Q3 24 | $36.1M | $-38.0M | ||
| Q2 24 | $38.6M | $-43.7M | ||
| Q1 24 | $31.8M | $-43.4M |
| Q4 25 | 39.7% | 61.4% | ||
| Q3 25 | 43.0% | 58.4% | ||
| Q2 25 | 43.8% | 54.5% | ||
| Q1 25 | 44.2% | 53.2% | ||
| Q4 24 | 41.4% | 53.4% | ||
| Q3 24 | 45.6% | 54.5% | ||
| Q2 24 | 47.5% | 55.1% | ||
| Q1 24 | 44.4% | 54.8% |
| Q4 25 | 7.4% | -8.7% | ||
| Q3 25 | 20.5% | -18.2% | ||
| Q2 25 | 20.8% | -24.8% | ||
| Q1 25 | 19.5% | -26.4% | ||
| Q4 24 | 15.3% | -24.4% | ||
| Q3 24 | 22.6% | -29.6% | ||
| Q2 24 | 24.3% | -35.3% | ||
| Q1 24 | 21.0% | -34.6% |
| Q4 25 | 4.4% | -9.0% | ||
| Q3 25 | 14.7% | -18.6% | ||
| Q2 25 | 15.5% | -25.2% | ||
| Q1 25 | 15.2% | -27.1% | ||
| Q4 24 | 13.9% | -23.4% | ||
| Q3 24 | 15.8% | -27.7% | ||
| Q2 24 | 17.1% | -33.0% | ||
| Q1 24 | 15.1% | -32.5% |
| Q4 25 | $0.62 | $-0.10 | ||
| Q3 25 | $2.41 | $-0.20 | ||
| Q2 25 | $2.43 | $-0.26 | ||
| Q1 25 | $2.05 | $-0.27 | ||
| Q4 24 | $1.60 | $-0.23 | ||
| Q3 24 | $2.26 | $-0.27 | ||
| Q2 24 | $2.47 | $-0.32 | ||
| Q1 24 | $2.03 | $-0.32 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $40.2M | $361.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $929.6M |
| Total Assets | $2.3B | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $40.2M | $361.8M | ||
| Q3 25 | $31.5M | $342.9M | ||
| Q2 25 | $38.0M | $321.2M | ||
| Q1 25 | $225.8M | $307.3M | ||
| Q4 24 | $213.8M | $295.9M | ||
| Q3 24 | $273.2M | $308.2M | ||
| Q2 24 | $18.9M | $311.8M | ||
| Q1 24 | $22.2M | $329.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $800.1M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $166.0M | — |
| Q4 25 | $1.1B | $929.6M | ||
| Q3 25 | $1.1B | $937.0M | ||
| Q2 25 | $1.1B | $942.6M | ||
| Q1 25 | $1.1B | $957.0M | ||
| Q4 24 | $1.0B | $965.3M | ||
| Q3 24 | $1.0B | $969.5M | ||
| Q2 24 | $650.2M | $981.2M | ||
| Q1 24 | $615.7M | $991.8M |
| Q4 25 | $2.3B | $1.5B | ||
| Q3 25 | $1.5B | $1.5B | ||
| Q2 25 | $1.5B | $1.5B | ||
| Q1 25 | $1.4B | $1.4B | ||
| Q4 24 | $1.4B | $1.5B | ||
| Q3 24 | $1.4B | $1.5B | ||
| Q2 24 | $1.1B | $1.5B | ||
| Q1 24 | $1.0B | $1.5B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.75× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 0.27× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $28.9M | $22.4M |
| Free Cash FlowOCF − Capex | $22.7M | $12.2M |
| FCF MarginFCF / Revenue | 9.8% | 7.1% |
| Capex IntensityCapex / Revenue | 2.6% | 5.9% |
| Cash ConversionOCF / Net Profit | 2.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | $162.0M | $65.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.9M | $22.4M | ||
| Q3 25 | $61.8M | $28.9M | ||
| Q2 25 | $60.6M | $25.8M | ||
| Q1 25 | $27.3M | $17.3M | ||
| Q4 24 | $11.6M | $5.2M | ||
| Q3 24 | $66.8M | $5.0M | ||
| Q2 24 | $62.7M | $-4.9M | ||
| Q1 24 | $22.4M | $11.1M |
| Q4 25 | $22.7M | $12.2M | ||
| Q3 25 | $58.7M | $22.9M | ||
| Q2 25 | $57.7M | $15.9M | ||
| Q1 25 | $22.8M | $14.7M | ||
| Q4 24 | $8.5M | $251.0K | ||
| Q3 24 | $61.3M | $3.0M | ||
| Q2 24 | $59.6M | $-6.7M | ||
| Q1 24 | $17.5M | $9.5M |
| Q4 25 | 9.8% | 7.1% | ||
| Q3 25 | 21.2% | 14.5% | ||
| Q2 25 | 21.9% | 10.7% | ||
| Q1 25 | 9.9% | 10.2% | ||
| Q4 24 | 4.4% | 0.2% | ||
| Q3 24 | 26.9% | 2.2% | ||
| Q2 24 | 26.3% | -5.1% | ||
| Q1 24 | 8.3% | 7.1% |
| Q4 25 | 2.6% | 5.9% | ||
| Q3 25 | 1.1% | 3.8% | ||
| Q2 25 | 1.1% | 6.6% | ||
| Q1 25 | 2.0% | 1.8% | ||
| Q4 24 | 1.6% | 3.5% | ||
| Q3 24 | 2.4% | 1.5% | ||
| Q2 24 | 1.4% | 1.3% | ||
| Q1 24 | 2.3% | 1.2% |
| Q4 25 | 2.81× | — | ||
| Q3 25 | 1.52× | — | ||
| Q2 25 | 1.48× | — | ||
| Q1 25 | 0.78× | — | ||
| Q4 24 | 0.43× | — | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.62× | — | ||
| Q1 24 | 0.71× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CSW
| Contractor Solutions Segment | $166.3M | 71% |
| Specialized Reliability Solutions Segment | $38.2M | 16% |
| Engineered Building Solutions Segment | $28.5M | 12% |
FSLY
| Network Services | $130.8M | 76% |
| Security | $35.4M | 21% |
| Other | $6.4M | 4% |
