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Side-by-side financial comparison of Fastly, Inc. (FSLY) and PERDOCEO EDUCATION Corp (PRDO). Click either name above to swap in a different company.

PERDOCEO EDUCATION Corp is the larger business by last-quarter revenue ($211.6M vs $172.6M, roughly 1.2× Fastly, Inc.). On growth, Fastly, Inc. posted the faster year-over-year revenue change (22.8% vs 20.0%). PERDOCEO EDUCATION Corp produced more free cash flow last quarter ($37.9M vs $12.2M). Over the past eight quarters, Fastly, Inc.'s revenue compounded faster (13.7% CAGR vs 12.2%).

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.

Perdoceo Education Corporation (PRDO) is a public company that owns five for-profit universities in the United States: American Intercontinental University, Colorado Technical University, California Southern University, Trident University International, and University of St. Augustine for Health Sciences. The company was previously known as Career Education Corporation.

FSLY vs PRDO — Head-to-Head

Bigger by revenue
PRDO
PRDO
1.2× larger
PRDO
$211.6M
$172.6M
FSLY
Growing faster (revenue YoY)
FSLY
FSLY
+2.8% gap
FSLY
22.8%
20.0%
PRDO
More free cash flow
PRDO
PRDO
$25.6M more FCF
PRDO
$37.9M
$12.2M
FSLY
Faster 2-yr revenue CAGR
FSLY
FSLY
Annualised
FSLY
13.7%
12.2%
PRDO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FSLY
FSLY
PRDO
PRDO
Revenue
$172.6M
$211.6M
Net Profit
$-15.5M
Gross Margin
61.4%
Operating Margin
-8.7%
19.8%
Net Margin
-9.0%
Revenue YoY
22.8%
20.0%
Net Profit YoY
52.9%
EPS (diluted)
$-0.10
$0.55

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
FSLY
FSLY
PRDO
PRDO
Q4 25
$172.6M
$211.6M
Q3 25
$158.2M
$211.9M
Q2 25
$148.7M
$209.6M
Q1 25
$144.5M
$213.0M
Q4 24
$140.6M
$176.4M
Q3 24
$137.2M
$169.8M
Q2 24
$132.4M
$166.7M
Q1 24
$133.5M
$168.3M
Net Profit
FSLY
FSLY
PRDO
PRDO
Q4 25
$-15.5M
Q3 25
$-29.5M
$39.9M
Q2 25
$-37.5M
$41.0M
Q1 25
$-39.1M
$43.7M
Q4 24
$-32.9M
Q3 24
$-38.0M
$38.3M
Q2 24
$-43.7M
$38.4M
Q1 24
$-43.4M
$39.4M
Gross Margin
FSLY
FSLY
PRDO
PRDO
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%
Operating Margin
FSLY
FSLY
PRDO
PRDO
Q4 25
-8.7%
19.8%
Q3 25
-18.2%
24.1%
Q2 25
-24.8%
24.5%
Q1 25
-26.4%
24.3%
Q4 24
-24.4%
21.1%
Q3 24
-29.6%
26.4%
Q2 24
-35.3%
27.6%
Q1 24
-34.6%
27.5%
Net Margin
FSLY
FSLY
PRDO
PRDO
Q4 25
-9.0%
Q3 25
-18.6%
18.8%
Q2 25
-25.2%
19.6%
Q1 25
-27.1%
20.5%
Q4 24
-23.4%
Q3 24
-27.7%
22.5%
Q2 24
-33.0%
23.0%
Q1 24
-32.5%
23.4%
EPS (diluted)
FSLY
FSLY
PRDO
PRDO
Q4 25
$-0.10
$0.55
Q3 25
$-0.20
$0.60
Q2 25
$-0.26
$0.62
Q1 25
$-0.27
$0.65
Q4 24
$-0.23
$0.46
Q3 24
$-0.27
$0.57
Q2 24
$-0.32
$0.57
Q1 24
$-0.32
$0.59

Balance Sheet & Financial Strength

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

Metric
FSLY
FSLY
PRDO
PRDO
Cash + ST InvestmentsLiquidity on hand
$361.8M
$111.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$929.6M
$972.4M
Total Assets
$1.5B
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSLY
FSLY
PRDO
PRDO
Q4 25
$361.8M
$111.0M
Q3 25
$342.9M
$159.5M
Q2 25
$321.2M
$172.1M
Q1 25
$307.3M
$132.1M
Q4 24
$295.9M
$109.1M
Q3 24
$308.2M
$238.0M
Q2 24
$311.8M
$127.9M
Q1 24
$329.5M
$125.8M
Stockholders' Equity
FSLY
FSLY
PRDO
PRDO
Q4 25
$929.6M
$972.4M
Q3 25
$937.0M
$997.9M
Q2 25
$942.6M
$984.6M
Q1 25
$957.0M
$970.3M
Q4 24
$965.3M
$959.5M
Q3 24
$969.5M
$935.4M
Q2 24
$981.2M
$899.5M
Q1 24
$991.8M
$866.1M
Total Assets
FSLY
FSLY
PRDO
PRDO
Q4 25
$1.5B
$1.2B
Q3 25
$1.5B
$1.3B
Q2 25
$1.5B
$1.3B
Q1 25
$1.4B
$1.3B
Q4 24
$1.5B
$1.2B
Q3 24
$1.5B
$1.1B
Q2 24
$1.5B
$1.1B
Q1 24
$1.5B
$1.1B

Cash Flow & Capital Efficiency

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

Metric
FSLY
FSLY
PRDO
PRDO
Operating Cash FlowLast quarter
$22.4M
$40.1M
Free Cash FlowOCF − Capex
$12.2M
$37.9M
FCF MarginFCF / Revenue
7.1%
17.9%
Capex IntensityCapex / Revenue
5.9%
1.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$65.8M
$216.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSLY
FSLY
PRDO
PRDO
Q4 25
$22.4M
$40.1M
Q3 25
$28.9M
$41.2M
Q2 25
$25.8M
$78.8M
Q1 25
$17.3M
$65.1M
Q4 24
$5.2M
$17.6M
Q3 24
$5.0M
$51.0M
Q2 24
$-4.9M
$38.5M
Q1 24
$11.1M
$54.5M
Free Cash Flow
FSLY
FSLY
PRDO
PRDO
Q4 25
$12.2M
$37.9M
Q3 25
$22.9M
$39.4M
Q2 25
$15.9M
$76.0M
Q1 25
$14.7M
$63.4M
Q4 24
$251.0K
$16.0M
Q3 24
$3.0M
$50.0M
Q2 24
$-6.7M
$37.7M
Q1 24
$9.5M
$53.3M
FCF Margin
FSLY
FSLY
PRDO
PRDO
Q4 25
7.1%
17.9%
Q3 25
14.5%
18.6%
Q2 25
10.7%
36.3%
Q1 25
10.2%
29.8%
Q4 24
0.2%
9.1%
Q3 24
2.2%
29.4%
Q2 24
-5.1%
22.6%
Q1 24
7.1%
31.7%
Capex Intensity
FSLY
FSLY
PRDO
PRDO
Q4 25
5.9%
1.1%
Q3 25
3.8%
0.9%
Q2 25
6.6%
1.3%
Q1 25
1.8%
0.8%
Q4 24
3.5%
0.9%
Q3 24
1.5%
0.6%
Q2 24
1.3%
0.5%
Q1 24
1.2%
0.7%
Cash Conversion
FSLY
FSLY
PRDO
PRDO
Q4 25
Q3 25
1.03×
Q2 25
1.92×
Q1 25
1.49×
Q4 24
Q3 24
1.33×
Q2 24
1.00×
Q1 24
1.38×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FSLY
FSLY

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

PRDO
PRDO

CTU$107.0M51%
AIUS$60.8M29%
University Of St Augustine For Health Sciences Llc$43.7M21%
Other$1.1M1%

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