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Side-by-side financial comparison of Fastly, Inc. (FSLY) and ONE Group Hospitality, Inc. (STKS). Click either name above to swap in a different company.
ONE Group Hospitality, Inc. is the larger business by last-quarter revenue ($207.0M vs $172.6M, roughly 1.2× Fastly, Inc.). ONE Group Hospitality, Inc. runs the higher net margin — -3.1% vs -9.0%, a 5.9% gap on every dollar of revenue. On growth, Fastly, Inc. posted the faster year-over-year revenue change (22.8% vs -6.7%). Fastly, Inc. produced more free cash flow last quarter ($12.2M vs $-329.0K). Over the past eight quarters, ONE Group Hospitality, Inc.'s revenue compounded faster (56.1% 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.
Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.
FSLY vs STKS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $172.6M | $207.0M |
| Net Profit | $-15.5M | $-6.4M |
| Gross Margin | 61.4% | — |
| Operating Margin | -8.7% | 2.2% |
| Net Margin | -9.0% | -3.1% |
| Revenue YoY | 22.8% | -6.7% |
| Net Profit YoY | 52.9% | -531.8% |
| EPS (diluted) | $-0.10 | $-0.50 |
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 | $207.0M | ||
| Q3 25 | $158.2M | $180.2M | ||
| Q2 25 | $148.7M | $207.4M | ||
| Q1 25 | $144.5M | $211.1M | ||
| Q4 24 | $140.6M | $221.9M | ||
| Q3 24 | $137.2M | $194.0M | ||
| Q2 24 | $132.4M | $172.5M | ||
| Q1 24 | $133.5M | $85.0M |
| Q4 25 | $-15.5M | $-6.4M | ||
| Q3 25 | $-29.5M | $-76.7M | ||
| Q2 25 | $-37.5M | $-10.1M | ||
| Q1 25 | $-39.1M | $975.0K | ||
| Q4 24 | $-32.9M | $1.5M | ||
| Q3 24 | $-38.0M | $-9.3M | ||
| Q2 24 | $-43.7M | $-7.3M | ||
| Q1 24 | $-43.4M | $-2.1M |
| 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% | 2.2% | ||
| Q3 25 | -18.2% | -4.4% | ||
| Q2 25 | -24.8% | 0.3% | ||
| Q1 25 | -26.4% | 5.1% | ||
| Q4 24 | -24.4% | 5.5% | ||
| Q3 24 | -29.6% | -1.9% | ||
| Q2 24 | -35.3% | 0.6% | ||
| Q1 24 | -34.6% | -0.7% |
| Q4 25 | -9.0% | -3.1% | ||
| Q3 25 | -18.6% | -42.6% | ||
| Q2 25 | -25.2% | -4.9% | ||
| Q1 25 | -27.1% | 0.5% | ||
| Q4 24 | -23.4% | 0.7% | ||
| Q3 24 | -27.7% | -4.8% | ||
| Q2 24 | -33.0% | -4.3% | ||
| Q1 24 | -32.5% | -2.4% |
| Q4 25 | $-0.10 | $-0.50 | ||
| Q3 25 | $-0.20 | $-2.75 | ||
| Q2 25 | $-0.26 | $-0.59 | ||
| Q1 25 | $-0.27 | $-0.21 | ||
| Q4 24 | $-0.23 | $-0.18 | ||
| Q3 24 | $-0.27 | $-0.53 | ||
| Q2 24 | $-0.32 | $-0.38 | ||
| Q1 24 | $-0.32 | $-0.07 |
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 | $4.2M |
| Total DebtLower is stronger | — | $354.2M |
| Stockholders' EquityBook value | $929.6M | $-75.8M |
| Total Assets | $1.5B | $884.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $361.8M | $4.2M | ||
| Q3 25 | $342.9M | $5.5M | ||
| Q2 25 | $321.2M | $4.7M | ||
| Q1 25 | $307.3M | $21.4M | ||
| Q4 24 | $295.9M | $27.6M | ||
| Q3 24 | $308.2M | $28.2M | ||
| Q2 24 | $311.8M | $32.2M | ||
| Q1 24 | $329.5M | $15.4M |
| Q4 25 | — | $354.2M | ||
| Q3 25 | — | $355.0M | ||
| Q2 25 | — | $347.4M | ||
| Q1 25 | — | $348.3M | ||
| Q4 24 | — | $348.3M | ||
| Q3 24 | — | $349.1M | ||
| Q2 24 | — | $350.0M | ||
| Q1 24 | — | $73.5M |
| Q4 25 | $929.6M | $-75.8M | ||
| Q3 25 | $937.0M | $-61.5M | ||
| Q2 25 | $942.6M | $23.0M | ||
| Q1 25 | $957.0M | $40.5M | ||
| Q4 24 | $965.3M | $45.9M | ||
| Q3 24 | $969.5M | $51.4M | ||
| Q2 24 | $981.2M | $68.1M | ||
| Q1 24 | $991.8M | $68.3M |
| Q4 25 | $1.5B | $884.2M | ||
| Q3 25 | $1.5B | $879.5M | ||
| Q2 25 | $1.5B | $935.7M | ||
| Q1 25 | $1.4B | $956.0M | ||
| Q4 24 | $1.5B | $960.1M | ||
| Q3 24 | $1.5B | $953.5M | ||
| Q2 24 | $1.5B | $945.9M | ||
| Q1 24 | $1.5B | $309.3M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 15.07× | ||
| Q1 25 | — | 8.61× | ||
| Q4 24 | — | 7.59× | ||
| Q3 24 | — | 6.79× | ||
| Q2 24 | — | 5.14× | ||
| Q1 24 | — | 1.08× |
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 | $13.1M |
| Free Cash FlowOCF − Capex | $12.2M | $-329.0K |
| FCF MarginFCF / Revenue | 7.1% | -0.2% |
| Capex IntensityCapex / Revenue | 5.9% | 6.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $65.8M | $-27.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $22.4M | $13.1M | ||
| Q3 25 | $28.9M | $5.9M | ||
| Q2 25 | $25.8M | $2.8M | ||
| Q1 25 | $17.3M | $8.5M | ||
| Q4 24 | $5.2M | $18.5M | ||
| Q3 24 | $5.0M | $19.1M | ||
| Q2 24 | $-4.9M | $-3.8M | ||
| Q1 24 | $11.1M | $10.4M |
| Q4 25 | $12.2M | $-329.0K | ||
| Q3 25 | $22.9M | $-6.1M | ||
| Q2 25 | $15.9M | $-15.0M | ||
| Q1 25 | $14.7M | $-5.8M | ||
| Q4 24 | $251.0K | $733.0K | ||
| Q3 24 | $3.0M | $287.0K | ||
| Q2 24 | $-6.7M | $-23.0M | ||
| Q1 24 | $9.5M | $-5.4M |
| Q4 25 | 7.1% | -0.2% | ||
| Q3 25 | 14.5% | -3.4% | ||
| Q2 25 | 10.7% | -7.2% | ||
| Q1 25 | 10.2% | -2.7% | ||
| Q4 24 | 0.2% | 0.3% | ||
| Q3 24 | 2.2% | 0.1% | ||
| Q2 24 | -5.1% | -13.3% | ||
| Q1 24 | 7.1% | -6.4% |
| Q4 25 | 5.9% | 6.5% | ||
| Q3 25 | 3.8% | 6.7% | ||
| Q2 25 | 6.6% | 8.6% | ||
| Q1 25 | 1.8% | 6.8% | ||
| Q4 24 | 3.5% | 8.0% | ||
| Q3 24 | 1.5% | 9.7% | ||
| Q2 24 | 1.3% | 11.1% | ||
| Q1 24 | 1.2% | 18.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 8.76× | ||
| Q4 24 | — | 12.54× | ||
| Q3 24 | — | — | ||
| 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% |
STKS
| Benihanas | $111.3M | 54% |
| Steakhouse Restaurant | $59.2M | 29% |
| Grill Concepts | $32.3M | 16% |
| Other | $4.2M | 2% |
