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Side-by-side financial comparison of BingEx Ltd (FLX) and Fastly, Inc. (FSLY). Click either name above to swap in a different company.

Fastly, Inc. is the larger business by last-quarter revenue ($172.6M vs $143.2M, roughly 1.2× BingEx Ltd). BingEx Ltd runs the higher net margin — 2.2% vs -9.0%, a 11.2% gap on every dollar of revenue.

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.

FLX vs FSLY — Head-to-Head

Bigger by revenue
FSLY
FSLY
1.2× larger
FSLY
$172.6M
$143.2M
FLX
Higher net margin
FLX
FLX
11.2% more per $
FLX
2.2%
-9.0%
FSLY

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FLX
FLX
FSLY
FSLY
Revenue
$143.2M
$172.6M
Net Profit
$3.2M
$-15.5M
Gross Margin
10.8%
61.4%
Operating Margin
-8.7%
Net Margin
2.2%
-9.0%
Revenue YoY
22.8%
Net Profit YoY
52.9%
EPS (diluted)
$-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
FLX
FLX
FSLY
FSLY
Q1 26
$143.2M
Q4 25
$172.6M
Q3 25
$141.2M
$158.2M
Q2 25
$143.0M
$148.7M
Q1 25
$141.0M
$144.5M
Q4 24
$140.6M
Q3 24
$164.6M
$137.2M
Q2 24
$132.4M
Net Profit
FLX
FLX
FSLY
FSLY
Q1 26
$3.2M
Q4 25
$-15.5M
Q3 25
$6.1M
$-29.5M
Q2 25
$7.5M
$-37.5M
Q1 25
$27.6M
$-39.1M
Q4 24
$-32.9M
Q3 24
$3.4M
$-38.0M
Q2 24
$-43.7M
Gross Margin
FLX
FLX
FSLY
FSLY
Q1 26
10.8%
Q4 25
61.4%
Q3 25
11.1%
58.4%
Q2 25
12.0%
54.5%
Q1 25
10.0%
53.2%
Q4 24
53.4%
Q3 24
11.3%
54.5%
Q2 24
55.1%
Operating Margin
FLX
FLX
FSLY
FSLY
Q1 26
Q4 25
-8.7%
Q3 25
1.4%
-18.2%
Q2 25
1.9%
-24.8%
Q1 25
-26.4%
Q4 24
-24.4%
Q3 24
4.0%
-29.6%
Q2 24
-35.3%
Net Margin
FLX
FLX
FSLY
FSLY
Q1 26
2.2%
Q4 25
-9.0%
Q3 25
4.4%
-18.6%
Q2 25
5.2%
-25.2%
Q1 25
19.6%
-27.1%
Q4 24
-23.4%
Q3 24
2.1%
-27.7%
Q2 24
-33.0%
EPS (diluted)
FLX
FLX
FSLY
FSLY
Q1 26
Q4 25
$-0.10
Q3 25
$-0.20
Q2 25
$-0.26
Q1 25
$-0.27
Q4 24
$-0.23
Q3 24
$-0.27
Q2 24
$-0.32

Balance Sheet & Financial Strength

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

Metric
FLX
FLX
FSLY
FSLY
Cash + ST InvestmentsLiquidity on hand
$561.1M
$361.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$929.6M
Total Assets
$1.3B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLX
FLX
FSLY
FSLY
Q1 26
$561.1M
Q4 25
$361.8M
Q3 25
$628.6M
$342.9M
Q2 25
$499.4M
$321.2M
Q1 25
$592.4M
$307.3M
Q4 24
$295.9M
Q3 24
$517.4M
$308.2M
Q2 24
$311.8M
Stockholders' Equity
FLX
FLX
FSLY
FSLY
Q1 26
Q4 25
$929.6M
Q3 25
$937.0M
Q2 25
$942.6M
Q1 25
$957.0M
Q4 24
$965.3M
Q3 24
$969.5M
Q2 24
$981.2M
Total Assets
FLX
FLX
FSLY
FSLY
Q1 26
$1.3B
Q4 25
$1.5B
Q3 25
$1.3B
$1.5B
Q2 25
$1.2B
$1.5B
Q1 25
$1.2B
$1.4B
Q4 24
$1.5B
Q3 24
$926.8M
$1.5B
Q2 24
$1.5B

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLX
FLX
FSLY
FSLY
Q1 26
Q4 25
$22.4M
Q3 25
$28.9M
Q2 25
$25.8M
Q1 25
$17.3M
Q4 24
$5.2M
Q3 24
$5.0M
Q2 24
$-4.9M
Free Cash Flow
FLX
FLX
FSLY
FSLY
Q1 26
Q4 25
$12.2M
Q3 25
$22.9M
Q2 25
$15.9M
Q1 25
$14.7M
Q4 24
$251.0K
Q3 24
$3.0M
Q2 24
$-6.7M
FCF Margin
FLX
FLX
FSLY
FSLY
Q1 26
Q4 25
7.1%
Q3 25
14.5%
Q2 25
10.7%
Q1 25
10.2%
Q4 24
0.2%
Q3 24
2.2%
Q2 24
-5.1%
Capex Intensity
FLX
FLX
FSLY
FSLY
Q1 26
Q4 25
5.9%
Q3 25
3.8%
Q2 25
6.6%
Q1 25
1.8%
Q4 24
3.5%
Q3 24
1.5%
Q2 24
1.3%

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLX
FLX

Segment breakdown not available.

FSLY
FSLY

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

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