vs
Side-by-side financial comparison of Fastly, Inc. (FSLY) and IMAX CORP (IMAX). Click either name above to swap in a different company.
Fastly, Inc. is the larger business by last-quarter revenue ($172.6M vs $125.2M, roughly 1.4× IMAX CORP). IMAX CORP runs the higher net margin — 0.5% vs -9.0%, a 9.5% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 22.8%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $12.2M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 13.7%).
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.
IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.
FSLY vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $172.6M | $125.2M |
| Net Profit | $-15.5M | $637.0K |
| Gross Margin | 61.4% | 57.6% |
| Operating Margin | -8.7% | 19.3% |
| Net Margin | -9.0% | 0.5% |
| Revenue YoY | 22.8% | 35.1% |
| Net Profit YoY | 52.9% | -88.0% |
| EPS (diluted) | $-0.10 | $0.02 |
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 | $172.6M | $125.2M | ||
| Q3 25 | $158.2M | $106.7M | ||
| Q2 25 | $148.7M | $91.7M | ||
| Q1 25 | $144.5M | $86.7M | ||
| Q4 24 | $140.6M | $92.7M | ||
| Q3 24 | $137.2M | $91.5M | ||
| Q2 24 | $132.4M | $89.0M | ||
| Q1 24 | $133.5M | $79.1M |
| Q4 25 | $-15.5M | $637.0K | ||
| Q3 25 | $-29.5M | $20.7M | ||
| Q2 25 | $-37.5M | $11.3M | ||
| Q1 25 | $-39.1M | $2.3M | ||
| Q4 24 | $-32.9M | $5.3M | ||
| Q3 24 | $-38.0M | $13.9M | ||
| Q2 24 | $-43.7M | $3.6M | ||
| Q1 24 | $-43.4M | $3.3M |
| Q4 25 | 61.4% | 57.6% | ||
| Q3 25 | 58.4% | 63.1% | ||
| Q2 25 | 54.5% | 58.5% | ||
| Q1 25 | 53.2% | 61.4% | ||
| Q4 24 | 53.4% | 52.2% | ||
| Q3 24 | 54.5% | 55.8% | ||
| Q2 24 | 55.1% | 49.4% | ||
| Q1 24 | 54.8% | 59.3% |
| Q4 25 | -8.7% | 19.3% | ||
| Q3 25 | -18.2% | 27.2% | ||
| Q2 25 | -24.8% | 15.6% | ||
| Q1 25 | -26.4% | 19.3% | ||
| Q4 24 | -24.4% | 10.3% | ||
| Q3 24 | -29.6% | 21.2% | ||
| Q2 24 | -35.3% | 3.2% | ||
| Q1 24 | -34.6% | 15.3% |
| Q4 25 | -9.0% | 0.5% | ||
| Q3 25 | -18.6% | 19.4% | ||
| Q2 25 | -25.2% | 12.3% | ||
| Q1 25 | -27.1% | 2.7% | ||
| Q4 24 | -23.4% | 5.7% | ||
| Q3 24 | -27.7% | 15.2% | ||
| Q2 24 | -33.0% | 4.0% | ||
| Q1 24 | -32.5% | 4.1% |
| Q4 25 | $-0.10 | $0.02 | ||
| Q3 25 | $-0.20 | $0.37 | ||
| Q2 25 | $-0.26 | $0.20 | ||
| Q1 25 | $-0.27 | $0.04 | ||
| Q4 24 | $-0.23 | $0.09 | ||
| Q3 24 | $-0.27 | $0.26 | ||
| Q2 24 | $-0.32 | $0.07 | ||
| Q1 24 | $-0.32 | $0.06 |
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 | $151.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $929.6M | $337.9M |
| Total Assets | $1.5B | $894.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $361.8M | $151.2M | ||
| Q3 25 | $342.9M | $143.1M | ||
| Q2 25 | $321.2M | $109.3M | ||
| Q1 25 | $307.3M | $97.1M | ||
| Q4 24 | $295.9M | $100.6M | ||
| Q3 24 | $308.2M | $104.5M | ||
| Q2 24 | $311.8M | $91.6M | ||
| Q1 24 | $329.5M | $81.0M |
| Q4 25 | $929.6M | $337.9M | ||
| Q3 25 | $937.0M | $349.5M | ||
| Q2 25 | $942.6M | $320.4M | ||
| Q1 25 | $957.0M | $299.5M | ||
| Q4 24 | $965.3M | $299.5M | ||
| Q3 24 | $969.5M | $289.4M | ||
| Q2 24 | $981.2M | $267.2M | ||
| Q1 24 | $991.8M | $258.8M |
| Q4 25 | $1.5B | $894.0M | ||
| Q3 25 | $1.5B | $889.6M | ||
| Q2 25 | $1.5B | $868.6M | ||
| Q1 25 | $1.4B | $848.3M | ||
| Q4 24 | $1.5B | $830.4M | ||
| Q3 24 | $1.5B | $847.6M | ||
| Q2 24 | $1.5B | $827.4M | ||
| Q1 24 | $1.5B | $824.1M |
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 | $29.4M |
| Free Cash FlowOCF − Capex | $12.2M | $28.0M |
| FCF MarginFCF / Revenue | 7.1% | 22.3% |
| Capex IntensityCapex / Revenue | 5.9% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | $65.8M | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | $29.4M | ||
| Q3 25 | $28.9M | $67.5M | ||
| Q2 25 | $25.8M | $23.2M | ||
| Q1 25 | $17.3M | $7.0M | ||
| Q4 24 | $5.2M | $11.5M | ||
| Q3 24 | $5.0M | $35.3M | ||
| Q2 24 | $-4.9M | $35.0M | ||
| Q1 24 | $11.1M | $-11.0M |
| Q4 25 | $12.2M | $28.0M | ||
| Q3 25 | $22.9M | $64.8M | ||
| Q2 25 | $15.9M | $20.9M | ||
| Q1 25 | $14.7M | $5.3M | ||
| Q4 24 | $251.0K | $6.9M | ||
| Q3 24 | $3.0M | $34.2M | ||
| Q2 24 | $-6.7M | $33.5M | ||
| Q1 24 | $9.5M | $-12.1M |
| Q4 25 | 7.1% | 22.3% | ||
| Q3 25 | 14.5% | 60.7% | ||
| Q2 25 | 10.7% | 22.8% | ||
| Q1 25 | 10.2% | 6.1% | ||
| Q4 24 | 0.2% | 7.4% | ||
| Q3 24 | 2.2% | 37.3% | ||
| Q2 24 | -5.1% | 37.6% | ||
| Q1 24 | 7.1% | -15.3% |
| Q4 25 | 5.9% | 1.1% | ||
| Q3 25 | 3.8% | 2.6% | ||
| Q2 25 | 6.6% | 2.6% | ||
| Q1 25 | 1.8% | 1.9% | ||
| Q4 24 | 3.5% | 5.0% | ||
| Q3 24 | 1.5% | 1.2% | ||
| Q2 24 | 1.3% | 1.8% | ||
| Q1 24 | 1.2% | 1.4% |
| Q4 25 | — | 46.11× | ||
| Q3 25 | — | 3.27× | ||
| Q2 25 | — | 2.06× | ||
| Q1 25 | — | 2.99× | ||
| Q4 24 | — | 2.16× | ||
| Q3 24 | — | 2.54× | ||
| Q2 24 | — | 9.78× | ||
| Q1 24 | — | -3.35× |
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% |
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
