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Fastly (MEX:FSLY) Tax Rate % : -1.21% (As of Sep. 2024)


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What is Fastly Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fastly's Tax Expense for the three months ended in Sep. 2024 was MXN9 Mil. Fastly's Pre-Tax Income for the three months ended in Sep. 2024 was MXN-740 Mil. Therefore, Fastly's Tax Rate % for the quarter that ended in Sep. 2024 was -1.21%.

Fastly Tax Rate % Historical Data

The historical data trend for Fastly's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fastly Tax Rate % Chart

Fastly Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial -0.96 10.69 -0.03 -0.05 0.17

Fastly Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.95 -0.81 -1.53 -1.21

Fastly Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Fastly's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=-3.751/-2262.82
=0.17 %

Fastly's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Sep. 2024 )/Pre-Tax Income (Q: Sep. 2024 )
=8.959/-739.587
=-1.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fastly Tax Rate % Related Terms

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Fastly Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Fastly Inc (MEX:FSLY) » Definitions » Tax Rate %
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Traded in Other Exchanges
FSLY:USA 0A3P:UK 2Y7:Germany F1SL34:Brazil
Address
475 Brannan Street, Suite 300, San Francisco, CA, USA, 94107
Website
https://www.fastly.com
Fastly operates a content delivery network, which is necessary for entities to provide faster and more reliable online content. Fastly's strategy differs from traditional CDNs, which focus on locating servers in as many locations as possible to store copies of files that consumers most use. Fastly is in far fewer sites than traditional CDNs, but it houses servers in the most network-dense data centers. Instead of simply storing static content, it allows its customers to program on its platform, enabling edge computing and better service of the more dynamic content that was traditionally not well served by CDNs. Fastly gears its service to the largest, most sophisticated enterprises rather than small companies and generated nearly three fourths of its revenue in the United States in 2023.