AKAM · Earnings call · 2026Q2T · Full report
Capital Expenditure Outlook
AKAMAI TECHNOLOGIES INC · 2026-08-06 · Importance 89 · Surprise 82 · No source text
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 million, representing 43% to 46% of revenue, as it receives delayed GPUs and builds capacity for major contracts. The company expects to invest up to $500 million to replenish and expand GPU capacity, including approximately $60 million in 2026 and the remainder in early 2027. Full-year 2026 capital expenditures are expected to equal approximately 40% of total revenue.
Key facts
- Akamai anticipates full-year capital expenditures for 2026 will be approximately 40% of total revenue.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -10.1% | Akamai anticipates full-year capital expenditures for 2026 will be approximately 40% of total revenue. |
| assets | positive | committed | +10.1% | Akamai anticipates full-year capital expenditures for 2026 will be approximately 40% of total revenue. |