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Side-by-side financial comparison of Fastly, Inc. (FSLY) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $172.6M, roughly 1.9× Fastly, Inc.). Fastly, Inc. runs the higher net margin — -9.0% vs -18.0%, a 9.0% gap on every dollar of revenue. On growth, Fastly, Inc. posted the faster year-over-year revenue change (22.8% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $12.2M). Over the past eight quarters, Fastly, Inc.'s revenue compounded faster (13.7% CAGR vs -4.6%).
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.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
FSLY vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $172.6M | $334.0M |
| Net Profit | $-15.5M | $-60.0M |
| Gross Margin | 61.4% | — |
| Operating Margin | -8.7% | — |
| Net Margin | -9.0% | -18.0% |
| Revenue YoY | 22.8% | -76.3% |
| Net Profit YoY | 52.9% | -170.6% |
| EPS (diluted) | $-0.10 | $-0.80 |
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.
| Q1 26 | — | $334.0M | ||
| Q4 25 | $172.6M | $334.0M | ||
| Q3 25 | $158.2M | $382.0M | ||
| Q2 25 | $148.7M | $397.0M | ||
| Q1 25 | $144.5M | $316.0M | ||
| Q4 24 | $140.6M | $336.0M | ||
| Q3 24 | $137.2M | $396.0M | ||
| Q2 24 | $132.4M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $-15.5M | $-60.0M | ||
| Q3 25 | $-29.5M | $105.0M | ||
| Q2 25 | $-37.5M | $87.0M | ||
| Q1 25 | $-39.1M | $61.0M | ||
| Q4 24 | $-32.9M | $85.0M | ||
| Q3 24 | $-38.0M | $102.0M | ||
| Q2 24 | $-43.7M | $86.0M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | -8.7% | -11.4% | ||
| Q3 25 | -18.2% | 46.6% | ||
| Q2 25 | -24.8% | 37.8% | ||
| Q1 25 | -26.4% | 35.4% | ||
| Q4 24 | -24.4% | 38.4% | ||
| Q3 24 | -29.6% | 43.2% | ||
| Q2 24 | -35.3% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | -9.0% | -18.0% | ||
| Q3 25 | -18.6% | 27.5% | ||
| Q2 25 | -25.2% | 21.9% | ||
| Q1 25 | -27.1% | 19.3% | ||
| Q4 24 | -23.4% | 25.3% | ||
| Q3 24 | -27.7% | 25.8% | ||
| Q2 24 | -33.0% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $-0.10 | $-0.77 | ||
| Q3 25 | $-0.20 | $1.36 | ||
| Q2 25 | $-0.26 | $1.13 | ||
| Q1 25 | $-0.27 | $0.78 | ||
| Q4 24 | $-0.23 | $1.06 | ||
| Q3 24 | $-0.27 | $1.29 | ||
| Q2 24 | $-0.32 | $1.07 |
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 | $64.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $929.6M | $468.0M |
| Total Assets | $1.5B | $4.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $361.8M | $64.0M | ||
| Q3 25 | $342.9M | $70.0M | ||
| Q2 25 | $321.2M | $50.0M | ||
| Q1 25 | $307.3M | $48.0M | ||
| Q4 24 | $295.9M | $103.0M | ||
| Q3 24 | $308.2M | $72.0M | ||
| Q2 24 | $311.8M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.5B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $2.4B | ||
| Q2 24 | — | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $929.6M | $468.0M | ||
| Q3 25 | $937.0M | $583.0M | ||
| Q2 25 | $942.6M | $570.0M | ||
| Q1 25 | $957.0M | $579.0M | ||
| Q4 24 | $965.3M | $650.0M | ||
| Q3 24 | $969.5M | $583.0M | ||
| Q2 24 | $981.2M | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $1.5B | $4.2B | ||
| Q3 25 | $1.5B | $4.3B | ||
| Q2 25 | $1.5B | $4.3B | ||
| Q1 25 | $1.4B | $4.2B | ||
| Q4 24 | $1.5B | $4.2B | ||
| Q3 24 | $1.5B | $4.2B | ||
| Q2 24 | $1.5B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.37× | ||
| Q3 25 | — | 4.43× | ||
| Q2 25 | — | 4.44× | ||
| Q1 25 | — | 4.29× | ||
| Q4 24 | — | 3.72× | ||
| Q3 24 | — | 4.19× | ||
| Q2 24 | — | 3.83× |
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 | $367.0M |
| Free Cash FlowOCF − Capex | $12.2M | $168.0M |
| FCF MarginFCF / Revenue | 7.1% | 50.3% |
| Capex IntensityCapex / Revenue | 5.9% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $65.8M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $22.4M | $152.0M | ||
| Q3 25 | $28.9M | $86.0M | ||
| Q2 25 | $25.8M | $70.0M | ||
| Q1 25 | $17.3M | $59.0M | ||
| Q4 24 | $5.2M | $134.0M | ||
| Q3 24 | $5.0M | $79.0M | ||
| Q2 24 | $-4.9M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $12.2M | $136.0M | ||
| Q3 25 | $22.9M | $75.0M | ||
| Q2 25 | $15.9M | $58.0M | ||
| Q1 25 | $14.7M | $52.0M | ||
| Q4 24 | $251.0K | $109.0M | ||
| Q3 24 | $3.0M | $71.0M | ||
| Q2 24 | $-6.7M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | 7.1% | 40.7% | ||
| Q3 25 | 14.5% | 19.6% | ||
| Q2 25 | 10.7% | 14.6% | ||
| Q1 25 | 10.2% | 16.5% | ||
| Q4 24 | 0.2% | 32.4% | ||
| Q3 24 | 2.2% | 17.9% | ||
| Q2 24 | -5.1% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 5.9% | 4.8% | ||
| Q3 25 | 3.8% | 2.9% | ||
| Q2 25 | 6.6% | 3.0% | ||
| Q1 25 | 1.8% | 2.2% | ||
| Q4 24 | 3.5% | 7.4% | ||
| Q3 24 | 1.5% | 2.0% | ||
| Q2 24 | 1.3% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.82× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | — | 0.97× | ||
| Q4 24 | — | 1.58× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.01× |
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% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
