AKAM · Other

AKAMAI TECHNOLOGIES INC

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-09

• Cloud Services GrowthImportance 26 · Surprise 24
  Morningstar reported that Akamai’s cloud computing deals are driving a strong bookings backlog, indicating sustained demand for its cloud services. Akamai operates a content delivery network with more than 350,000…

10-Q · 2026-08-07

• Cloud Infrastructure DemandImportance 72 · Surprise 74
  Cloud infrastructure services revenue increased 39% year over year for the six months ended June 30, 2026, driven by sales of compute solutions to new and existing customers and compute partner solutions running on…
• Outstanding IndebtednessImportance 71 · Surprise 60
  In May 2026, Akamai issued $1.75 billion of zero-coupon convertible senior notes due 2030 and another $1.75 billion due 2032, generating $3.216 billion of net convertible-note financing activity during the first six…
• Security Product GrowthImportance 60 · Surprise 40
  Security solutions revenue increased year over year, led by API security, web application security and Guardicore segmentation solutions. Akamai said application security and microsegmentation solutions were…
• Research and Development ExpenseImportance 54 · Surprise 40
  Second-quarter research and development expense increased 18% year over year to $148.8 million, and first-half expense increased 16% to $290.4 million. First-half payroll and related costs increased to $330.5 million…
• Headcount / RestructuringImportance 54 · Surprise 74
  Second-quarter restructuring charges were $1.8 million, down 41% from $3.1 million in the second quarter of 2025, while first-half charges were $2.0 million, down 42% from $3.5 million. The 2026 charges arose from an…
• Operating Cash Flow TrendsImportance 54 · Surprise 40
  Net cash provided by operating activities declined to $638.8 million for the six months ended June 30, 2026, from $710.3 million in the comparable 2025 period, a decrease of $71.6 million, or 10.1%. The decline…
• Cloud Infrastructure Supply CostsImportance 52 · Surprise 42
  Akamai is expanding its network and platform capacity to support cloud infrastructure services and AI applications, including through compute partner programs. Competition for data center space from hyperscalers has…
• AI Infrastructure InvestmentImportance 52 · Surprise 42
  Akamai is scaling Akamai Cloud and compute-to-edge solutions to support enterprise applications and the rapid evolution of artificial intelligence. The company plans continued investment in security products and cloud…
• Capital Expenditure OutlookImportance 52 · Surprise 42
  Akamai expects cost of revenue to increase during the remainder of 2026 as it continues investing in its platform to scale cloud infrastructure services. The company specifically expects higher co-location costs,…
• Income Tax Rate ChangesImportance 51 · Surprise 64
  Second-quarter income tax provision decreased 57% year over year to $20.6 million, and first-half provision decreased 63% to $36.3 million. The reductions reflected lower profitability, larger excess tax benefits from…
• Liquidity and Cash PositionImportance 49 · Surprise 6
  As of June 30, 2026, Akamai held $4.6 billion in cash, cash equivalents and marketable securities. Cash and cash equivalents held outside the U.S. totaled $363.5 million, and management said the foreign-held balance…
• Revenue Performance and MixImportance 48 · Surprise 40
  Second-quarter 2026 revenue increased to $1.100 billion from $1.043 billion in the second quarter of 2025, while first-half revenue increased to $2.173 billion from $2.059 billion. Security revenue increased 10% year…
• Revolving Credit FacilityImportance 43 · Surprise 6
  Akamai had two revolving credit arrangements with aggregate available commitments of up to $1.15 billion as of June 30, 2026. The 2025 Credit Agreement provides $150.0 million of uncommitted capacity and is secured…
• Gross Margin DriversImportance 41 · Surprise 22
  Second-quarter cost of revenue increased 14% year over year to $485.9 million, and first-half cost of revenue increased 13% to $957.2 million. Second-quarter co-location costs increased to $99.5 million from $87.2…
• Operating Expense TrendsImportance 41 · Surprise 22
  Second-quarter sales and marketing expense increased 16% year over year to $170.0 million, while first-half expense increased 17% to $327.1 million, primarily because of go-to-market headcount growth and higher…
• Capital Return ProgramImportance 40 · Surprise 42
  Akamai repurchased 5.0 million common shares for $615.7 million during the six months ended June 30, 2026, at a weighted-average price of $123.19 per share. The repurchases used 30.8% of the $2.0 billion authorization…
• Datacenter Capacity ExpansionImportance 40 · Surprise 42
  Akamai is accelerating investment in cloud infrastructure services, prioritizing the rapid build-out of its global footprint. The company is expanding its network and co-location presence, including additional space,…
• Macroeconomic Factors ImpactImportance 38 · Surprise 24
  Akamai reports that global macroeconomic and geopolitical headwinds are causing customers, particularly in media and gaming, to optimize traffic and reduce spending. Network traffic growth is expected to remain…
• International Market GrowthImportance 37 · Surprise 32
  International revenue increased to $549.3 million in the second quarter of 2026 from $515.9 million in the second quarter of 2025, while U.S. revenue increased to $550.4 million from $527.6 million. For the first half,…
• Delivery Traffic Pricing PressureImportance 31 · Surprise 32
  Delivery and other cloud applications revenue declined 6% year over year for the six months ended June 30, 2026, primarily because contract renewal pricing moved downward. Traffic growth on Akamai’s network improved…
• Capital ExpendituresImportance 30 · Surprise 14
  Akamai spent $417.6 million on property and equipment and capitalized internal-use software development costs during the six months ended June 30, 2026, compared with $419.8 million in the 2025 period. Investing cash…
• Cloud Infrastructure Supply CommitmentsImportance 29 · Surprise 24
  Akamai maintains long-term agreements with network and internet service providers for bandwidth to support its network and cloud infrastructure expansion. Vendor purchase commitments vary with contract renewal timing,…
• FX / Currency HeadwindsImportance 20 · Surprise 24
  Akamai’s international operations represented approximately half of revenue during the six months ended June 30, 2026, increasing exposure to foreign-currency movements. Changes in exchange rates reduced reported…

News · 2026-08-07

• Capital Return ProgramImportance 40 · Surprise 42
  Akamai temporarily suspended share repurchases during the second quarter 2026 earnings period. The suspension reflected significant investment requirements for the company’s high-growth Cloud Infrastructure Services…

Earnings call · 2026-08-06

• Capital Expenditure OutlookImportance 89 · Surprise 82
  Second-quarter 2026 capital expenditures were $347 million, or 32% of revenue, but delayed GPU shipments shifted planned spending into Q3. Akamai expects Q3 capital expenditures of approximately $475 million to $525…
• Guidance / OutlookImportance 80 · Surprise 68
  Akamai projects Q3 2026 revenue of $1.105 billion–$1.130 billion, representing 5%–7% reported growth and 5%–8% constant-currency growth year over year. Full-year 2026 revenue guidance is $4.445 billion–$4.530 billion,…
• Guidance and OutlookImportance 80 · Surprise 68
  Akamai forecast third-quarter 2026 revenue of $1.105 billion to $1.130 billion, representing 5% to 7% reported growth, with non-GAAP operating margin of approximately 24% to 26%. Full-year 2026 revenue guidance is…
• AI Cloud Infrastructure DemandImportance 73 · Surprise 66
  A U.S.-based technology company committed more than $600 million over four years for Akamai cloud infrastructure services supporting robotics development, bringing 2026 multiyear commitments to more than $2.8 billion.…
• Liquidity and Debt PositionImportance 71 · Surprise 60
  Akamai raised $3.5 billion in May through two equal tranches of zero-coupon convertible debt maturing in 2026 and 2030. The proceeds are intended to fund the growing Cloud Infrastructure Services pipeline and general…
• Capital Expenditure ProgramImportance 68 · Surprise 42
  Second-quarter capital expenditures were $347 million, equal to 32% of revenue, and were below guidance because GPU deliveries arrived shortly after quarter-end. Q3 capital expenditures are expected to increase to $475…
• GPU Supply and CapacityImportance 67 · Surprise 66
  Akamai said all available GPU capacity is completely sold out, while GPU demand remains exceptionally strong and customers are reserving capacity months in advance. The company is placing a significant additional order…
• Capital Return ProgramImportance 64 · Surprise 42
  Akamai spent approximately $410 million in Q2 to repurchase about 3 million shares. Year-to-date repurchases totaled approximately $616 million for roughly 5 million shares, leaving $565 million under the existing…
• Capital AllocationImportance 64 · Surprise 42
  Akamai raised $3.5 billion in May 2026 through two equal tranches of zero-coupon convertible debt maturing in 2026 and 2030. The proceeds are intended to fund the growing Cloud Infrastructure Services pipeline and…
• AI Infrastructure DemandImportance 58 · Surprise 42
  A U.S.-based technology company committed more than $600 million over four years for Akamai cloud infrastructure services supporting robotics development. Total multiyear cloud infrastructure commitments signed in 2026…
• Security Product GrowthImportance 54 · Surprise 40
  Security revenue increased 10% year over year as reported and 9% in constant currency during Q2. Growth was led by Web App Firewall, API security, and Guardicore segmentation solutions, with management citing stronger…
• Cybersecurity Demand TrendsImportance 54 · Surprise 40
  Security revenue grew 10% year over year as reported and 9% in constant currency in Q2, led by Web Application Firewall, API security, and Guardicore segmentation. Management said AI is creating broad security…
• Acquisition / Partnership / DivestitureImportance 53 · Surprise 60
  Akamai completed the acquisition of LayerX on July 2 for approximately $205 million. LayerX was rebranded as Akamai Workforce Protector and adds secure enterprise browser and AI usage-control capabilities to the…
• AI Security Product ExpansionImportance 53 · Surprise 60
  Akamai completed its acquisition of LayerX on July 2, 2026, for approximately $205 million and rebranded the offering as Akamai Workforce Protector. The product provides visibility and controls over employee…
• Revenue Performance and MixImportance 49 · Surprise 32
  Second-quarter revenue was $1.1 billion, increasing 5% year over year on both a reported and constant-currency basis. Cloud Infrastructure Services revenue rose 39% year over year to $99 million, while security revenue…
• Operating Margin DriversImportance 49 · Surprise 32
  Second-quarter non-GAAP operating margin was 25%, in line with expectations. Non-GAAP net income declined 8% year over year as reported to $236 million, or $1.59 per diluted share, partly because of expanded colocation…
• Customer DynamicsImportance 46 · Surprise 42
  Akamai cited expanded WAF usage from a leading commerce site, automaker, and global bank, including a $14 million upgrade to secure all of the bank's applications. A major telecommunications provider signed a renewal…
• AI Inference Platform PositioningImportance 31 · Surprise 42
  Akamai is positioning its distributed platform as a unified grid for AI inference spanning core and edge locations. Management emphasized that edge inference can provide millisecond responsiveness, lower latency, lower…
• Security Product LaunchImportance 31 · Surprise 42
  Akamai rebranded LayerX as Akamai Workforce Protector, adding secure enterprise-browser capabilities and AI-usage controls to its security portfolio. The product provides visibility into web content, SaaS applications,…
• Cloud Infrastructure CommitmentImportance 31 · Surprise 42
  Akamai is positioning its distributed platform as a unified grid for AI inference spanning core and edge locations. Management said customers can train models centrally while running latency-sensitive inference near…
• Security Demand TrendsImportance 30 · Surprise 40
  Management attributed broad security demand tailwinds to the increasing scale of AI-enabled attacks and larger bot armies. Akamai's security revenue grew 10% year over year in Q2 2026, with demand led by Web…
• Cloud Services Pricing PressureImportance 26 · Surprise 24
  Management described the pricing environment for large cloud infrastructure customers as collaborative because GPU inventory and data-center availability are tight. Akamai includes mechanisms in large contracts to…
• FX / Currency HeadwindsImportance 13 · Surprise 6
  Foreign-exchange fluctuations reduced Q2 2026 revenue by $2 million sequentially and $1 million year over year. Management now expects second-half 2026 revenue headwinds of approximately $9 million based on currency…
• Geographic Market CommentaryImportance 10 · Surprise 6
  Akamai operates cloud infrastructure and edge resources across 700 cities in 130 countries and is continuing to add GPU-enabled locations and larger sites. Customer examples show demand across Singapore, Poland, India,…

8-K · 2026-08-06

• Cloud Infrastructure CommitmentImportance 64 · Surprise 42
  Akamai committed to more than $600 million over four years in Cloud Infrastructure Services for a U.S.-based technology company developing robotics. The customer is a new Akamai customer, and the contract is part of…
• Cloud Services GrowthImportance 64 · Surprise 56
  Cloud Infrastructure Services revenue was $99 million in the second quarter, up 39% year-over-year and 39% when adjusted for foreign exchange. Year-to-date, Akamai signed numerous customers to multi-year Cloud…
• Customer DynamicsImportance 64 · Surprise 42
  Akamai signed numerous customers to multi-year Cloud Infrastructure Services contracts during the first half of 2026, collectively worth more than $2.8 billion. One U.S.-based technology company became a new Akamai…
• Income Tax Rate ChangesImportance 61 · Surprise 64
  The second-quarter GAAP tax rate was 21%, down from 32% in the second quarter of 2025. Provision for income taxes declined to $21 million from $48 million year-over-year, while pretax income declined to $100 million…
• Capital Return ProgramImportance 59 · Surprise 48
  Akamai repurchased 3 million common shares for $410 million during the second quarter of 2026 at a weighted-average price of $134.54 per share. Six-month repurchases totaled $616 million, compared with $800 million in…
• Operating Margin DriversImportance 58 · Surprise 56
  GAAP income from operations fell 47% year-over-year to $80 million, reducing GAAP operating margin to 7% from 15% in the second quarter of 2025. Non-GAAP operating income declined 12% to $271 million, and non-GAAP…
• AI Infrastructure InvestmentImportance 58 · Surprise 42
  Akamai committed to provide more than $600 million of Cloud Infrastructure Services over four years to a U.S.-based technology company for robotics development. Year-to-date, Akamai has signed numerous multi-year Cloud…
• Revenue Performance and MixImportance 49 · Surprise 32
  Second-quarter 2026 revenue was $1.100 billion, up 5% from $1.043 billion in the year-ago quarter and up 2.4% sequentially from $1.074 billion in the first quarter. Security revenue increased 10% year-over-year to $604…
• Geographic Revenue ShiftImportance 49 · Surprise 32
  U.S. revenue was $550 million in the second quarter of 2026, up 4% year-over-year and 1.3% sequentially. International revenue was $549 million, up 6% year-over-year and 3.5% sequentially, or up 7% year-over-year on a…
• Geographic Market CommentaryImportance 49 · Surprise 32
  U.S. revenue was $550 million in the second quarter, up 4% year-over-year. International revenue was $549 million, up 6% year-over-year and 7% on a foreign-exchange-adjusted basis. International growth therefore…
• Operating Expense TrendsImportance 36 · Surprise 40
  Second-quarter research and development expense increased 18% year-over-year to $149 million and 5.1% sequentially from $142 million. Sales and marketing expense increased 16% year-over-year to $170 million and 8.3%…