Fastly Named a Leader in 2026 IDC MarketScape for Worldwide WAAP Platforms

Fastly (FSLY) has been named a Leader in IDC MarketScape’s 2026 worldwide assessment of web application and API protection platforms.

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Company brings delivery, security, and compute together to accelerate enterprise innovation at global scale

SAN FRANCISCO--(BUSINESS WIRE)-- Fastly, Inc. (NASDAQ: FSLY), a leader in global edge cloud platforms, today announced it has been named a Leader in the IDC MarketScape: Worldwide Web Application and API Protection Platforms 2026 Vendor Assessment.

Fastly has continued to invest in the security portfolio of its edge cloud platform, bringing delivery, security, and compute together to help businesses move fast and stay safe in the AI era. The company’s security offerings include Next-Gen WAF, Bot Management, DDoS Protection, API Security, AI Firewall, and Client-Side Protection, all running inline on its global network.

Fastly’s security portfolio includes patent-pending deception technology that goes beyond blocking account takeover attempts by returning intentionally false information to attackers, cross-customer threat intelligence that supports preemptive policy decisions, and AI bot management that helps customers control how AI crawlers and bots access their content. According to the IDC MarketScape, “Detection is powered by two proprietary engines, SmartParse for WAF and the Adaptive Threat Engine for DDoS, delivered inline at every point of presence rather than through centralized scrubbing centers.” In our view, these capabilities help to address a changing threat landscape as bot traffic exceeds 50% in many industries based on Fastly traffic in January 2026 and AI brings new challenges for businesses. The report also noted that Fastly reported a “98.7% annual revenue retention rate for the fiscal year ended December 31, 2025, and 117% last 12 months (LTM) net retention rate as of June 30, 2026.”

“Complexity is fractalizing. Every enterprise has seen an explosion in APIs, speed of change, and AI agents and bots calling them. Single, siloed defenses do not work. Fastly runs differentiated layers of defense that compound as applications multiply,” said Kelly Shortridge, Chief Product Officer at Fastly. “I believe being named a Leader in this year's IDC MarketScape for WAAP Platforms reflects our depth of investment in protecting our customers’ AI-native applications – from patent-pending Deception to our more recent API Enforcement and AI Firewall.”

Fastly’s edge cloud platform helps enterprises build and scale secure, high-performance applications closer to users and data. To learn more about Fastly’s edge cloud platform or access a complimentary copy of the IDC MarketScape excerpt, visit www.fastly.com.

IDC MarketScape: Worldwide Web Application and API Protection Platforms 2026 Vendor Assessment, September 2026, IDC # US54130626.

About IDC

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About Fastly, Inc.

Fastly’s powerful and programmable edge cloud platform helps the world’s top brands deliver online experiences that are fast, safe, and engaging through edge compute, delivery, security, and observability offerings that improve site performance, enhance security, and empower innovation at a global scale. Compared to other providers, Fastly’s powerful, high-performance, and modern platform architecture empowers developers to deliver secure websites and apps with rapid time-to-market and demonstrated, industry-leading cost savings. Organizations around the world trust Fastly to help them upgrade the internet experience, including Reddit, Universal Music Group, and SeatGeek. Learn more about Fastly at www.fastly.com, and follow us @fastly.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261014805321/en/

Media Contact
Stacey Hurwitz
press@fastly.com

Investor Contact
Vernon Essi, Jr.
ir@fastly.com

Source: Fastly, Inc.

Key Terms

waap technical

WAAP (Web Application and API Protection) is a category of cybersecurity tools that guard websites and application programming interfaces (APIs) against attacks like data theft, fraud and service outages. For investors, WAAP matters because breaches or downtime can hit a company’s sales, regulatory standing and reputation—think of it as a digital security guard and filter that helps keep customer data safe and services running smoothly.

waf technical

A Web Application Firewall (WAF) is a security layer that sits in front of a company’s websites and online services to block attacks like data theft, fraud, and automated hacking. Investors care because a strong WAF reduces the risk of costly outages, regulatory fines, and reputation damage—much like a lock on a store that lowers the chance of a break-in and protects ongoing sales and customer trust.

ddos technical

A DDoS (distributed denial-of-service) attack is when many compromised computers or devices artificially flood a company's online systems with traffic so legitimate users cannot access websites, apps, or services. For investors, DDoS episodes can disrupt sales, damage customer trust, and expose weaknesses in a company's security — like a traffic jam that shuts down a city's main highway, revealing costs and operational risks that can affect revenue and stock value.

ltm financial

Last twelve months (LTM) is a way of measuring a company's financial performance using the most recent 12 months of results rather than a fixed calendar or fiscal year. Investors use LTM to see the company's current trend — like looking at the last 12 months on a rolling odometer — which helps compare firms with different reporting cycles and spot recent improvements or declines in revenue, profit, or cash flow.