Let’s dig into the relative performance of Fastly (NASDAQ: FSLY) and its peers as we unravel the now-completed Q4 content delivery earnings season.

The amount of content on the internet is exploding, whether it is music, movies and or e-commerce stores. Consumer demand for this content creates network congestion, much like a digital traffic jam which drives demand for specialized content delivery networks (CDN) services that alleviate potential network bottlenecks.

The 4 content delivery stocks we track reported a strong Q4. As a group, revenues beat analysts’ consensus estimates by 5.4% while next quarter’s revenue guidance was in line.

Luckily, content delivery stocks have performed well with share prices up 63.1% on average since the latest earnings results.

Best Q4: Fastly (NASDAQ: FSLY)

Taking its name from the core advantage it delivers to customers, Fastly (NYSE: FSLY) operates an edge cloud platform that processes, secures, and delivers web content as close to end users as possible, enabling faster digital experiences.

Fastly reported revenues of $172.6 million, up 22.8% year on year. This print exceeded analysts’ expectations by 6.9%. Overall, it was a stunning quarter for the company with EPS guidance for next quarter exceeding analysts’ expectations and a solid beat of analysts’ EBITDA estimates.

Interestingly, the stock is up 217% since reporting and currently trades at $29.53.

Is now the time to buy Fastly? Access our full analysis of the earnings results here, it’s free.

F5 (NASDAQ: FFIV)

Originally named after the F5 tornado, the most powerful on the meteorological scale, F5 (NASDAQ: FFIV) provides security and delivery solutions that protect applications across cloud, data center, and edge environments for large organizations.

F5 reported revenues of $822.5 million, up 7.3% year on year, outperforming analysts’ expectations by 8.8%. The business had an exceptional quarter with a solid beat of analysts’ billings estimates and an impressive beat of analysts’ EBITDA estimates.

F5 pulled off the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 7.3% since reporting. It currently trades at $290.08.

Is now the time to buy F5? Access our full analysis of the earnings results here, it’s free.

Weakest Q4: Akamai Technologies (NASDAQ: AKAM)

With a massive distributed network spanning 4,100+ points of presence in nearly 130 countries, Akamai Technologies (NASDAQ: AKAM) provides a global distributed cloud platform that helps businesses deliver, secure, and optimize their digital experiences online.

Akamai Technologies reported revenues of $1.09 billion, up 7.4% year on year, exceeding analysts’ expectations by 1.6%. Still, it was a slower quarter as it posted full-year EPS guidance missing analysts’ expectations significantly and EPS guidance for next quarter missing analysts’ expectations significantly.

Akamai Technologies delivered the highest full-year guidance raise but had the weakest performance against analyst estimates in the group. Interestingly, the stock is up 4.7% since the results and currently trades at $114.69.

Read our full analysis of Akamai Technologies’s results here.

Cloudflare (NYSE: NET)

With a massive network spanning more than 310 cities in over 120 countries, Cloudflare (NYSE: NET) provides a global network that delivers security, performance and reliability services to protect websites, applications, and corporate networks.

Cloudflare reported revenues of $614.5 million, up 33.6% year on year. This result surpassed analysts’ expectations by 4.1%. Aside from that, it was a mixed quarter as it also recorded a solid beat of analysts’ EBITDA estimates but full-year EPS guidance missing analysts’ expectations significantly.

Cloudflare achieved the fastest revenue growth but had the weakest full-year guidance update among its peers. The stock is up 23.1% since reporting and currently trades at $221.60.

Read our full, actionable report on Cloudflare here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.