AKAM · Full Picture

AKAMAI TECHNOLOGIES INC — the full picture

Earnings window · 2026-07-17 to 2026-08-10 · anchored on the 10-Q report

One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.

What to look at first

  1. Guidance / Outlook · Guidance & outlookPriority 92
    +155.1% net_income; 3 sources (news, press_release, transcript); 11 forward row(s); quote_verified
    Year ending December 31, 2026 revenue guidance low end is $4,445 million and high end is $4,530 million.
  2. Capital Expenditure Outlook · UnclassifiedPriority 87
    -10.1% cash; 2 sources (sec_filing, transcript); 4 forward row(s); quote_verified
    Akamai anticipates full-year capital expenditures for 2026 will be approximately 40% of total revenue.
  3. Liquidity and Debt Position · Debt, leverage & refinancingPriority 82
    -23.2% liability (realized); 2 sources (press_release, transcript); quote_verified
    Proceeds from the issuance of convertible senior notes, net of issuance costs, in the three months ended June 30, 2026 were $3,452,749 thousand and proceeds from the issuance of warrants related to convertible senior notes were $657,125 thousand.
  4. Operating Expense Trends · Operating expenses (SG&A)Priority 79
    -16.2% operating_income; 2 sources (press_release, sec_filing); 5 forward row(s); structured_verified
    Company expects amortization of acquired intangible assets of $85.6 million for 2027
  5. Operating Margin Drivers · Operating income & profitabilityPriority 79
    -11.9% operating_income; 3 sources (news, press_release, transcript); 7 forward row(s); quote_verified
    GAAP income from operations was $80 million, a 47% decrease from second quarter 2025.
  6. Capital Expenditures · Capital expenditurePriority 77
    -4.6% cash; 3 sources (press_release, sec_filing, transcript); 6 forward row(s); quote_verified
    Akamai expects to invest up to $500 million in CapEx to replenish and expand GPU capacity, with approximately $60 million to be spent in 2026 and the remainder hitting in early 2027.
  7. Revenue Performance and Mix · Revenue growth & mixPriority 77
    +24.0% revenue (realized); 4 sources (news, press_release, sec_filing, transcript); 1 forward row(s); quote_verified
    Cloud Infrastructure Services revenue of $99 million, up 39% year-over-year.
  8. AI Infrastructure Investment · Strategic & business-model shiftsPriority 74
    3 sources (news, press_release, sec_filing); quote_verified
    A U.S.-based technology company commits to more than $600 million over four years for Cloud Infrastructure Services to power robotics development.
  9. Liquidity and Cash Position · Liquidity & cash positionPriority 73
    +29.9% cash (realized); structured_verified
    As of June 30, 2026, our cash, cash equivalents and marketable securities totaled $4.6 billion.
  10. Capital Return Program · Buybacks & dividendsPriority 71
    4 sources (news, press_release, sec_filing, transcript); 2 forward row(s); structured_verified
    In May 2024, our board of directors authorized a $2.0 billion share repurchase program, effective May 2024 through June 2027.
  11. Cloud Infrastructure Commitment · Recurring & subscription revenuePriority 68
    -2.5% operating_income (realized); 3 sources (press_release, sec_filing, transcript); 3 forward row(s); quote_verified
    A U.S.-based technology company contract is worth more than $600 million over four years for Cloud Infrastructure Services to power robotics development.
  12. AI Cloud Infrastructure Demand · UnclassifiedPriority 66
    2 sources (sec_filing, transcript); 4 forward row(s); quote_verified
    The addition of this new customer brings the total volume of the multiyear commitments signed so far this year for Akamai's cloud infrastructure services to more than $2.8 billion.

Threads by pillar

Revenue & Demand Priority 91 · 11 threads

Costs & Margins Priority 90 · 5 threads

Capital & Balance Sheet Priority 97 · 8 threads

Strategy & Portfolio Priority 80 · 4 threads

Guidance & Outlook Priority 92 · 1 thread

Macro & Market Conditions Priority 45 · 2 threads

Management & Governance Priority 54 · 1 thread

Unclassified Priority 96 · 5 threads

Expected impact by metric

metricforward netforward grossrealized
net_income+155.1%+155.1%-3.5%
operating_income-28.1%+28.1%-18.4%
assets+14.7%+14.7%+1.4%
cash-14.7%+14.7%+37.1%
revenue+1.1%+1.1%+38.3%
liability——-25.1%