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Side-by-side financial comparison of Fastly, Inc. (FSLY) and CPI Card Group Inc. (PMTS). Click either name above to swap in a different company.
Fastly, Inc. is the larger business by last-quarter revenue ($172.6M vs $153.1M, roughly 1.1× CPI Card Group Inc.). CPI Card Group Inc. runs the higher net margin — 4.8% vs -9.0%, a 13.8% gap on every dollar of revenue. On growth, Fastly, Inc. posted the faster year-over-year revenue change (22.8% vs 22.3%). CPI Card Group Inc. produced more free cash flow last quarter ($35.2M vs $12.2M). Over the past eight quarters, CPI Card Group Inc.'s revenue compounded faster (16.9% 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.
CPI Card Group Inc. is a leading provider of payment card production and associated solutions, including contactless and contact credit/debit cards, prepaid cards, and card personalization services. It primarily serves financial institutions, fintech firms, and retail brands across its core North American market.
FSLY vs PMTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $172.6M | $153.1M |
| Net Profit | $-15.5M | $7.3M |
| Gross Margin | 61.4% | 31.5% |
| Operating Margin | -8.7% | 12.0% |
| Net Margin | -9.0% | 4.8% |
| Revenue YoY | 22.8% | 22.3% |
| Net Profit YoY | 52.9% | 8.5% |
| EPS (diluted) | $-0.10 | $0.62 |
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 | $153.1M | ||
| Q3 25 | $158.2M | $138.0M | ||
| Q2 25 | $148.7M | $129.8M | ||
| Q1 25 | $144.5M | $122.8M | ||
| Q4 24 | $140.6M | $125.1M | ||
| Q3 24 | $137.2M | $124.8M | ||
| Q2 24 | $132.4M | $118.8M | ||
| Q1 24 | $133.5M | $111.9M |
| Q4 25 | $-15.5M | $7.3M | ||
| Q3 25 | $-29.5M | $2.3M | ||
| Q2 25 | $-37.5M | $518.0K | ||
| Q1 25 | $-39.1M | $4.8M | ||
| Q4 24 | $-32.9M | $6.8M | ||
| Q3 24 | $-38.0M | $1.3M | ||
| Q2 24 | $-43.7M | $6.0M | ||
| Q1 24 | $-43.4M | $5.5M |
| Q4 25 | 61.4% | 31.5% | ||
| Q3 25 | 58.4% | 29.7% | ||
| Q2 25 | 54.5% | 30.9% | ||
| Q1 25 | 53.2% | 33.2% | ||
| Q4 24 | 53.4% | 34.1% | ||
| Q3 24 | 54.5% | 35.8% | ||
| Q2 24 | 55.1% | 35.7% | ||
| Q1 24 | 54.8% | 37.1% |
| Q4 25 | -8.7% | 12.0% | ||
| Q3 25 | -18.2% | 9.4% | ||
| Q2 25 | -24.8% | 7.3% | ||
| Q1 25 | -26.4% | 11.5% | ||
| Q4 24 | -24.4% | 12.7% | ||
| Q3 24 | -29.6% | 14.3% | ||
| Q2 24 | -35.3% | 12.5% | ||
| Q1 24 | -34.6% | 12.6% |
| Q4 25 | -9.0% | 4.8% | ||
| Q3 25 | -18.6% | 1.7% | ||
| Q2 25 | -25.2% | 0.4% | ||
| Q1 25 | -27.1% | 3.9% | ||
| Q4 24 | -23.4% | 5.4% | ||
| Q3 24 | -27.7% | 1.0% | ||
| Q2 24 | -33.0% | 5.1% | ||
| Q1 24 | -32.5% | 4.9% |
| Q4 25 | $-0.10 | $0.62 | ||
| Q3 25 | $-0.20 | $0.19 | ||
| Q2 25 | $-0.26 | $0.04 | ||
| Q1 25 | $-0.27 | $0.40 | ||
| Q4 24 | $-0.23 | $0.56 | ||
| Q3 24 | $-0.27 | $0.11 | ||
| Q2 24 | $-0.32 | $0.51 | ||
| Q1 24 | $-0.32 | $0.46 |
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 | $21.7M |
| Total DebtLower is stronger | — | $286.7M |
| Stockholders' EquityBook value | $929.6M | $-17.3M |
| Total Assets | $1.5B | $403.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $361.8M | $21.7M | ||
| Q3 25 | $342.9M | $16.0M | ||
| Q2 25 | $321.2M | $17.1M | ||
| Q1 25 | $307.3M | $31.5M | ||
| Q4 24 | $295.9M | $33.5M | ||
| Q3 24 | $308.2M | $14.7M | ||
| Q2 24 | $311.8M | $7.5M | ||
| Q1 24 | $329.5M | $17.1M |
| Q4 25 | — | $286.7M | ||
| Q3 25 | — | $308.4M | ||
| Q2 25 | — | $310.9M | ||
| Q1 25 | — | $280.7M | ||
| Q4 24 | — | $280.4M | ||
| Q3 24 | — | $280.2M | ||
| Q2 24 | — | $269.7M | ||
| Q1 24 | — | $265.3M |
| Q4 25 | $929.6M | $-17.3M | ||
| Q3 25 | $937.0M | $-25.7M | ||
| Q2 25 | $942.6M | $-29.0M | ||
| Q1 25 | $957.0M | $-29.7M | ||
| Q4 24 | $965.3M | $-35.6M | ||
| Q3 24 | $969.5M | $-42.8M | ||
| Q2 24 | $981.2M | $-44.6M | ||
| Q1 24 | $991.8M | $-48.5M |
| Q4 25 | $1.5B | $403.2M | ||
| Q3 25 | $1.5B | $407.1M | ||
| Q2 25 | $1.5B | $399.8M | ||
| Q1 25 | $1.4B | $351.9M | ||
| Q4 24 | $1.5B | $349.7M | ||
| Q3 24 | $1.5B | $342.3M | ||
| Q2 24 | $1.5B | $321.4M | ||
| Q1 24 | $1.5B | $319.8M |
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 | $39.6M |
| Free Cash FlowOCF − Capex | $12.2M | $35.2M |
| FCF MarginFCF / Revenue | 7.1% | 23.0% |
| Capex IntensityCapex / Revenue | 5.9% | 2.9% |
| Cash ConversionOCF / Net Profit | — | 5.39× |
| TTM Free Cash FlowTrailing 4 quarters | $65.8M | $41.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | $39.6M | ||
| Q3 25 | $28.9M | $10.0M | ||
| Q2 25 | $25.8M | $4.3M | ||
| Q1 25 | $17.3M | $5.6M | ||
| Q4 24 | $5.2M | $26.7M | ||
| Q3 24 | $5.0M | $12.5M | ||
| Q2 24 | $-4.9M | $-4.8M | ||
| Q1 24 | $11.1M | $8.9M |
| Q4 25 | $12.2M | $35.2M | ||
| Q3 25 | $22.9M | $5.3M | ||
| Q2 25 | $15.9M | $533.0K | ||
| Q1 25 | $14.7M | $292.0K | ||
| Q4 24 | $251.0K | $21.6M | ||
| Q3 24 | $3.0M | $11.1M | ||
| Q2 24 | $-6.7M | $-6.0M | ||
| Q1 24 | $9.5M | $7.4M |
| Q4 25 | 7.1% | 23.0% | ||
| Q3 25 | 14.5% | 3.8% | ||
| Q2 25 | 10.7% | 0.4% | ||
| Q1 25 | 10.2% | 0.2% | ||
| Q4 24 | 0.2% | 17.3% | ||
| Q3 24 | 2.2% | 8.9% | ||
| Q2 24 | -5.1% | -5.0% | ||
| Q1 24 | 7.1% | 6.6% |
| Q4 25 | 5.9% | 2.9% | ||
| Q3 25 | 3.8% | 3.4% | ||
| Q2 25 | 6.6% | 2.9% | ||
| Q1 25 | 1.8% | 4.3% | ||
| Q4 24 | 3.5% | 4.0% | ||
| Q3 24 | 1.5% | 1.2% | ||
| Q2 24 | 1.3% | 1.0% | ||
| Q1 24 | 1.2% | 1.3% |
| Q4 25 | — | 5.39× | ||
| Q3 25 | — | 4.32× | ||
| Q2 25 | — | 8.39× | ||
| Q1 25 | — | 1.17× | ||
| Q4 24 | — | 3.94× | ||
| Q3 24 | — | 9.70× | ||
| Q2 24 | — | -0.79× | ||
| Q1 24 | — | 1.63× |
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% |
PMTS
| US Debit And Credit | $128.9M | 84% |
| US Prepaid Debit | $24.4M | 16% |
