vs
Side-by-side financial comparison of Fastly, Inc. (FSLY) and loanDepot, Inc. (LDI). Click either name above to swap in a different company.
loanDepot, Inc. is the larger business by last-quarter revenue ($310.3M vs $172.6M, roughly 1.8× Fastly, Inc.). loanDepot, Inc. runs the higher net margin — -7.2% vs -9.0%, a 1.7% gap on every dollar of revenue. On growth, Fastly, Inc. posted the faster year-over-year revenue change (22.8% vs 20.5%). Fastly, Inc. produced more free cash flow last quarter ($12.2M vs $-648.0M). Over the past eight quarters, loanDepot, Inc.'s revenue compounded faster (18.0% 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.
LoanDepot, sometimes stylized as loanDepot, is an Irvine, California-based nonbank holding company which sells mortgage and non-mortgage lending products.
FSLY vs LDI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $172.6M | $310.3M |
| Net Profit | $-15.5M | $-22.5M |
| Gross Margin | 61.4% | — |
| Operating Margin | -8.7% | -10.3% |
| Net Margin | -9.0% | -7.2% |
| Revenue YoY | 22.8% | 20.5% |
| Net Profit YoY | 52.9% | 32.4% |
| 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.
| Q4 25 | $172.6M | $310.3M | ||
| Q3 25 | $158.2M | $323.3M | ||
| Q2 25 | $148.7M | $282.5M | ||
| Q1 25 | $144.5M | $273.6M | ||
| Q4 24 | $140.6M | $257.5M | ||
| Q3 24 | $137.2M | $314.6M | ||
| Q2 24 | $132.4M | $265.4M | ||
| Q1 24 | $133.5M | $222.8M |
| Q4 25 | $-15.5M | $-22.5M | ||
| Q3 25 | $-29.5M | $-4.9M | ||
| Q2 25 | $-37.5M | $-13.4M | ||
| Q1 25 | $-39.1M | $-21.9M | ||
| Q4 24 | $-32.9M | $-33.2M | ||
| Q3 24 | $-38.0M | $1.4M | ||
| Q2 24 | $-43.7M | $-32.2M | ||
| Q1 24 | $-43.4M | $-34.3M |
| 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 | -8.7% | -10.3% | ||
| Q3 25 | -18.2% | -3.2% | ||
| Q2 25 | -24.8% | -11.4% | ||
| Q1 25 | -26.4% | -16.8% | ||
| Q4 24 | -24.4% | -32.7% | ||
| Q3 24 | -29.6% | 1.1% | ||
| Q2 24 | -35.3% | -29.1% | ||
| Q1 24 | -34.6% | -38.2% |
| Q4 25 | -9.0% | -7.2% | ||
| Q3 25 | -18.6% | -1.5% | ||
| Q2 25 | -25.2% | -4.7% | ||
| Q1 25 | -27.1% | -8.0% | ||
| Q4 24 | -23.4% | -12.9% | ||
| Q3 24 | -27.7% | 0.4% | ||
| Q2 24 | -33.0% | -12.1% | ||
| Q1 24 | -32.5% | -15.4% |
| Q4 25 | $-0.10 | — | ||
| Q3 25 | $-0.20 | — | ||
| Q2 25 | $-0.26 | — | ||
| Q1 25 | $-0.27 | — | ||
| Q4 24 | $-0.23 | — | ||
| Q3 24 | $-0.27 | $0.01 | ||
| Q2 24 | $-0.32 | $-0.18 | ||
| Q1 24 | $-0.32 | $-0.19 |
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 | $337.2M |
| Total DebtLower is stronger | — | $2.1B |
| Stockholders' EquityBook value | $929.6M | $386.0M |
| Total Assets | $1.5B | $6.9B |
| Debt / EquityLower = less leverage | — | 5.44× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $361.8M | $337.2M | ||
| Q3 25 | $342.9M | $459.2M | ||
| Q2 25 | $321.2M | $408.6M | ||
| Q1 25 | $307.3M | $371.5M | ||
| Q4 24 | $295.9M | $421.6M | ||
| Q3 24 | $308.2M | $483.0M | ||
| Q2 24 | $311.8M | $533.2M | ||
| Q1 24 | $329.5M | $603.7M |
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $2.1B | ||
| Q2 25 | — | $2.1B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $2.0B | ||
| Q1 24 | — | $2.3B |
| Q4 25 | $929.6M | $386.0M | ||
| Q3 25 | $937.0M | $433.3M | ||
| Q2 25 | $942.6M | $439.1M | ||
| Q1 25 | $957.0M | $469.3M | ||
| Q4 24 | $965.3M | $506.6M | ||
| Q3 24 | $969.5M | $592.0M | ||
| Q2 24 | $981.2M | $578.9M | ||
| Q1 24 | $991.8M | $637.3M |
| Q4 25 | $1.5B | $6.9B | ||
| Q3 25 | $1.5B | $6.2B | ||
| Q2 25 | $1.5B | $6.2B | ||
| Q1 25 | $1.4B | $6.4B | ||
| Q4 24 | $1.5B | $6.3B | ||
| Q3 24 | $1.5B | $6.4B | ||
| Q2 24 | $1.5B | $5.9B | ||
| Q1 24 | $1.5B | $6.2B |
| Q4 25 | — | 5.44× | ||
| Q3 25 | — | 4.83× | ||
| Q2 25 | — | 4.70× | ||
| Q1 25 | — | 4.30× | ||
| Q4 24 | — | 4.00× | ||
| Q3 24 | — | 3.31× | ||
| Q2 24 | — | 3.41× | ||
| Q1 24 | — | 3.63× |
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 | $-638.7M |
| Free Cash FlowOCF − Capex | $12.2M | $-648.0M |
| FCF MarginFCF / Revenue | 7.1% | -208.9% |
| Capex IntensityCapex / Revenue | 5.9% | 3.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $65.8M | $-734.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | $-638.7M | ||
| Q3 25 | $28.9M | $43.4M | ||
| Q2 25 | $25.8M | $67.6M | ||
| Q1 25 | $17.3M | $-179.9M | ||
| Q4 24 | $5.2M | $47.7M | ||
| Q3 24 | $5.0M | $-349.2M | ||
| Q2 24 | $-4.9M | $-278.3M | ||
| Q1 24 | $11.1M | $-278.5M |
| Q4 25 | $12.2M | $-648.0M | ||
| Q3 25 | $22.9M | $38.7M | ||
| Q2 25 | $15.9M | $61.4M | ||
| Q1 25 | $14.7M | $-186.7M | ||
| Q4 24 | $251.0K | $40.8M | ||
| Q3 24 | $3.0M | $-356.4M | ||
| Q2 24 | $-6.7M | $-285.7M | ||
| Q1 24 | $9.5M | $-283.3M |
| Q4 25 | 7.1% | -208.9% | ||
| Q3 25 | 14.5% | 12.0% | ||
| Q2 25 | 10.7% | 21.7% | ||
| Q1 25 | 10.2% | -68.2% | ||
| Q4 24 | 0.2% | 15.8% | ||
| Q3 24 | 2.2% | -113.3% | ||
| Q2 24 | -5.1% | -107.7% | ||
| Q1 24 | 7.1% | -127.2% |
| Q4 25 | 5.9% | 3.0% | ||
| Q3 25 | 3.8% | 1.5% | ||
| Q2 25 | 6.6% | 2.2% | ||
| Q1 25 | 1.8% | 2.5% | ||
| Q4 24 | 3.5% | 2.7% | ||
| Q3 24 | 1.5% | 2.3% | ||
| Q2 24 | 1.3% | 2.8% | ||
| Q1 24 | 1.2% | 2.1% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -255.05× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
LDI
Segment breakdown not available.
