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Side-by-side financial comparison of Fastly, Inc. (FSLY) and Hilltop Holdings Inc. (HTH). Click either name above to swap in a different company.
Hilltop Holdings Inc. is the larger business by last-quarter revenue ($300.5M vs $172.6M, roughly 1.7× Fastly, Inc.). Hilltop Holdings Inc. runs the higher net margin — 13.0% vs -9.0%, a 22.0% gap on every dollar of revenue. Over the past eight quarters, Fastly, Inc.'s revenue compounded faster (13.7% CAGR vs 0.6%).
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.
Hilltop Holdings Inc. is a financial holding company based in Dallas, Texas. It offers financial products and banking services through three primary subsidiaries: PlainsCapital Bank, PrimeLending, and HilltopSecurities.
FSLY vs HTH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $172.6M | $300.5M |
| Net Profit | $-15.5M | $39.0M |
| Gross Margin | 61.4% | — |
| Operating Margin | -8.7% | — |
| Net Margin | -9.0% | 13.0% |
| Revenue YoY | 22.8% | — |
| Net Profit YoY | 52.9% | -12.4% |
| EPS (diluted) | $-0.10 | $0.64 |
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.
| Q1 26 | — | $300.5M | ||
| Q4 25 | $172.6M | $329.9M | ||
| Q3 25 | $158.2M | $330.2M | ||
| Q2 25 | $148.7M | $303.3M | ||
| Q1 25 | $144.5M | $318.5M | ||
| Q4 24 | $140.6M | $301.1M | ||
| Q3 24 | $137.2M | $305.5M | ||
| Q2 24 | $132.4M | $297.0M |
| Q1 26 | — | $39.0M | ||
| Q4 25 | $-15.5M | $41.6M | ||
| Q3 25 | $-29.5M | $45.8M | ||
| Q2 25 | $-37.5M | $36.1M | ||
| Q1 25 | $-39.1M | $42.1M | ||
| Q4 24 | $-32.9M | $35.5M | ||
| Q3 24 | $-38.0M | $29.7M | ||
| Q2 24 | $-43.7M | $20.3M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | -8.7% | 16.1% | ||
| Q3 25 | -18.2% | 18.4% | ||
| Q2 25 | -24.8% | 16.3% | ||
| Q1 25 | -26.4% | 18.1% | ||
| Q4 24 | -24.4% | 14.7% | ||
| Q3 24 | -29.6% | 13.9% | ||
| Q2 24 | -35.3% | 10.0% |
| Q1 26 | — | 13.0% | ||
| Q4 25 | -9.0% | 12.6% | ||
| Q3 25 | -18.6% | 13.9% | ||
| Q2 25 | -25.2% | 11.9% | ||
| Q1 25 | -27.1% | 13.2% | ||
| Q4 24 | -23.4% | 11.8% | ||
| Q3 24 | -27.7% | 9.7% | ||
| Q2 24 | -33.0% | 6.8% |
| Q1 26 | — | $0.64 | ||
| Q4 25 | $-0.10 | $0.68 | ||
| Q3 25 | $-0.20 | $0.74 | ||
| Q2 25 | $-0.26 | $0.57 | ||
| Q1 25 | $-0.27 | $0.65 | ||
| Q4 24 | $-0.23 | $0.55 | ||
| Q3 24 | $-0.27 | $0.46 | ||
| Q2 24 | $-0.32 | $0.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $361.8M | — |
| Total DebtLower is stronger | — | $990.8M |
| Stockholders' EquityBook value | $929.6M | $2.2B |
| Total Assets | $1.5B | $15.7B |
| Debt / EquityLower = less leverage | — | 0.46× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $361.8M | — | ||
| Q3 25 | $342.9M | — | ||
| Q2 25 | $321.2M | — | ||
| Q1 25 | $307.3M | — | ||
| Q4 24 | $295.9M | — | ||
| Q3 24 | $308.2M | — | ||
| Q2 24 | $311.8M | — |
| Q1 26 | — | $990.8M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $2.2B | ||
| Q4 25 | $929.6M | $2.2B | ||
| Q3 25 | $937.0M | $2.2B | ||
| Q2 25 | $942.6M | $2.2B | ||
| Q1 25 | $957.0M | $2.2B | ||
| Q4 24 | $965.3M | $2.2B | ||
| Q3 24 | $969.5M | $2.2B | ||
| Q2 24 | $981.2M | $2.1B |
| Q1 26 | — | $15.7B | ||
| Q4 25 | $1.5B | $15.8B | ||
| Q3 25 | $1.5B | $15.6B | ||
| Q2 25 | $1.5B | $15.4B | ||
| Q1 25 | $1.4B | $15.8B | ||
| Q4 24 | $1.5B | $16.3B | ||
| Q3 24 | $1.5B | $15.9B | ||
| Q2 24 | $1.5B | $15.6B |
| Q1 26 | — | 0.46× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $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.
| Q1 26 | — | — | ||
| Q4 25 | $22.4M | $-38.7M | ||
| Q3 25 | $28.9M | $273.0M | ||
| Q2 25 | $25.8M | $-234.6M | ||
| Q1 25 | $17.3M | $5.8M | ||
| Q4 24 | $5.2M | $273.9M | ||
| Q3 24 | $5.0M | $515.6M | ||
| Q2 24 | $-4.9M | $-435.3M |
| Q1 26 | — | — | ||
| Q4 25 | $12.2M | $-55.5M | ||
| Q3 25 | $22.9M | $271.0M | ||
| Q2 25 | $15.9M | $-234.6M | ||
| Q1 25 | $14.7M | $5.0M | ||
| Q4 24 | $251.0K | $266.8M | ||
| Q3 24 | $3.0M | $513.8M | ||
| Q2 24 | $-6.7M | $-437.3M |
| Q1 26 | — | — | ||
| Q4 25 | 7.1% | -16.8% | ||
| Q3 25 | 14.5% | 82.1% | ||
| Q2 25 | 10.7% | -77.4% | ||
| Q1 25 | 10.2% | 1.6% | ||
| Q4 24 | 0.2% | 88.6% | ||
| Q3 24 | 2.2% | 168.2% | ||
| Q2 24 | -5.1% | -147.2% |
| Q1 26 | — | — | ||
| Q4 25 | 5.9% | 5.1% | ||
| Q3 25 | 3.8% | 0.6% | ||
| Q2 25 | 6.6% | 0.0% | ||
| Q1 25 | 1.8% | 0.3% | ||
| Q4 24 | 3.5% | 2.4% | ||
| Q3 24 | 1.5% | 0.6% | ||
| Q2 24 | 1.3% | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | -0.93× | ||
| Q3 25 | — | 5.96× | ||
| Q2 25 | — | -6.50× | ||
| Q1 25 | — | 0.14× | ||
| Q4 24 | — | 7.71× | ||
| Q3 24 | — | 17.36× | ||
| Q2 24 | — | -21.41× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FSLY
| Network Services | $130.8M | 76% |
| Security | $35.4M | 21% |
| Other | $6.4M | 4% |
HTH
| Noninterest Income | $188.4M | 63% |
| Net Interest Income | $112.1M | 37% |
