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Side-by-side financial comparison of Claritev Corp (CTEV) and Fastly, Inc. (FSLY). Click either name above to swap in a different company.
Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $172.6M, roughly 1.4× Fastly, Inc.). Fastly, Inc. runs the higher net margin — -9.0% vs -32.7%, a 23.7% gap on every dollar of revenue. On growth, Fastly, Inc. posted the faster year-over-year revenue change (22.8% vs 6.2%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $12.2M). Over the past eight quarters, Fastly, Inc.'s revenue compounded faster (13.7% CAGR vs 2.5%).
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.
CTEV vs FSLY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $172.6M |
| Net Profit | $-80.6M | $-15.5M |
| Gross Margin | — | 61.4% |
| Operating Margin | -3.1% | -8.7% |
| Net Margin | -32.7% | -9.0% |
| Revenue YoY | 6.2% | 22.8% |
| Net Profit YoY | 41.6% | 52.9% |
| EPS (diluted) | $-4.88 | $-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 | $246.6M | $172.6M | ||
| Q3 25 | $246.0M | $158.2M | ||
| Q2 25 | $241.6M | $148.7M | ||
| Q1 25 | $231.3M | $144.5M | ||
| Q4 24 | $232.1M | $140.6M | ||
| Q3 24 | $230.5M | $137.2M | ||
| Q2 24 | $233.5M | $132.4M | ||
| Q1 24 | $234.5M | $133.5M |
| Q4 25 | $-80.6M | $-15.5M | ||
| Q3 25 | $-69.8M | $-29.5M | ||
| Q2 25 | $-62.6M | $-37.5M | ||
| Q1 25 | $-71.3M | $-39.1M | ||
| Q4 24 | $-138.0M | $-32.9M | ||
| Q3 24 | $-391.4M | $-38.0M | ||
| Q2 24 | $-576.7M | $-43.7M | ||
| Q1 24 | $-539.7M | $-43.4M |
| Q4 25 | — | 61.4% | ||
| Q3 25 | — | 58.4% | ||
| Q2 25 | — | 54.5% | ||
| Q1 25 | — | 53.2% | ||
| Q4 24 | — | 53.4% | ||
| Q3 24 | — | 54.5% | ||
| Q2 24 | — | 55.1% | ||
| Q1 24 | — | 54.8% |
| Q4 25 | -3.1% | -8.7% | ||
| Q3 25 | 4.1% | -18.2% | ||
| Q2 25 | 6.9% | -24.8% | ||
| Q1 25 | 4.2% | -26.4% | ||
| Q4 24 | -17.8% | -24.4% | ||
| Q3 24 | -146.7% | -29.6% | ||
| Q2 24 | -224.4% | -35.3% | ||
| Q1 24 | -207.4% | -34.6% |
| Q4 25 | -32.7% | -9.0% | ||
| Q3 25 | -28.4% | -18.6% | ||
| Q2 25 | -25.9% | -25.2% | ||
| Q1 25 | -30.8% | -27.1% | ||
| Q4 24 | -59.4% | -23.4% | ||
| Q3 24 | -169.8% | -27.7% | ||
| Q2 24 | -247.0% | -33.0% | ||
| Q1 24 | -230.1% | -32.5% |
| Q4 25 | $-4.88 | $-0.10 | ||
| Q3 25 | $-4.23 | $-0.20 | ||
| Q2 25 | $-3.81 | $-0.26 | ||
| Q1 25 | $-4.38 | $-0.27 | ||
| Q4 24 | $-8.49 | $-0.23 | ||
| Q3 24 | $-24.25 | $-0.27 | ||
| Q2 24 | $-35.78 | $-0.32 | ||
| Q1 24 | $-33.40 | $-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 | $16.8M | $361.8M |
| Total DebtLower is stronger | $4.6B | — |
| Stockholders' EquityBook value | $-173.9M | $929.6M |
| Total Assets | $4.9B | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.8M | $361.8M | ||
| Q3 25 | $39.2M | $342.9M | ||
| Q2 25 | $56.4M | $321.2M | ||
| Q1 25 | $23.1M | $307.3M | ||
| Q4 24 | $16.8M | $295.9M | ||
| Q3 24 | $86.6M | $308.2M | ||
| Q2 24 | $48.8M | $311.8M | ||
| Q1 24 | $58.7M | $329.5M |
| Q4 25 | $4.6B | — | ||
| Q3 25 | $4.5B | — | ||
| Q2 25 | $4.5B | — | ||
| Q1 25 | $4.5B | — | ||
| Q4 24 | $4.5B | — | ||
| Q3 24 | $4.5B | — | ||
| Q2 24 | $4.5B | — | ||
| Q1 24 | $4.5B | — |
| Q4 25 | $-173.9M | $929.6M | ||
| Q3 25 | $-101.8M | $937.0M | ||
| Q2 25 | $-39.9M | $942.6M | ||
| Q1 25 | $14.8M | $957.0M | ||
| Q4 24 | $84.0M | $965.3M | ||
| Q3 24 | $207.6M | $969.5M | ||
| Q2 24 | $603.4M | $981.2M | ||
| Q1 24 | $1.2B | $991.8M |
| Q4 25 | $4.9B | $1.5B | ||
| Q3 25 | $5.0B | $1.5B | ||
| Q2 25 | $5.1B | $1.5B | ||
| Q1 25 | $5.1B | $1.4B | ||
| Q4 24 | $5.2B | $1.5B | ||
| Q3 24 | $5.3B | $1.5B | ||
| Q2 24 | $5.7B | $1.5B | ||
| Q1 24 | $6.4B | $1.5B |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 304.87× | — | ||
| Q4 24 | 53.67× | — | ||
| Q3 24 | 21.73× | — | ||
| Q2 24 | 7.48× | — | ||
| Q1 24 | 3.85× | — |
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 | $66.3M | $22.4M |
| Free Cash FlowOCF − Capex | $36.4M | $12.2M |
| FCF MarginFCF / Revenue | 14.8% | 7.1% |
| Capex IntensityCapex / Revenue | 12.1% | 5.9% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | $65.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $66.3M | $22.4M | ||
| Q3 25 | $19.9M | $28.9M | ||
| Q2 25 | $61.2M | $25.8M | ||
| Q1 25 | $-30.1M | $17.3M | ||
| Q4 24 | $-33.4M | $5.2M | ||
| Q3 24 | $72.8M | $5.0M | ||
| Q2 24 | $18.5M | $-4.9M | ||
| Q1 24 | $49.7M | $11.1M |
| Q4 25 | $36.4M | $12.2M | ||
| Q3 25 | $-16.3M | $22.9M | ||
| Q2 25 | $36.6M | $15.9M | ||
| Q1 25 | $-68.9M | $14.7M | ||
| Q4 24 | $-63.8M | $251.0K | ||
| Q3 24 | $41.1M | $3.0M | ||
| Q2 24 | $-7.0M | $-6.7M | ||
| Q1 24 | $19.2M | $9.5M |
| Q4 25 | 14.8% | 7.1% | ||
| Q3 25 | -6.6% | 14.5% | ||
| Q2 25 | 15.2% | 10.7% | ||
| Q1 25 | -29.8% | 10.2% | ||
| Q4 24 | -27.5% | 0.2% | ||
| Q3 24 | 17.8% | 2.2% | ||
| Q2 24 | -3.0% | -5.1% | ||
| Q1 24 | 8.2% | 7.1% |
| Q4 25 | 12.1% | 5.9% | ||
| Q3 25 | 14.7% | 3.8% | ||
| Q2 25 | 10.2% | 6.6% | ||
| Q1 25 | 16.8% | 1.8% | ||
| Q4 24 | 13.1% | 3.5% | ||
| Q3 24 | 13.8% | 1.5% | ||
| Q2 24 | 10.9% | 1.3% | ||
| Q1 24 | 13.0% | 1.2% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTEV
Segment breakdown not available.
FSLY
| Network Services | $130.8M | 76% |
| Security | $35.4M | 21% |
| Other | $6.4M | 4% |
