AKAM · Earnings call · 2026Q2T · Full report

Cybersecurity Demand Trends

AKAMAI TECHNOLOGIES INC · 2026-08-06 · Importance 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 tailwinds because larger bot armies are increasing DDoS attack scale and frontier-model vulnerabilities are driving emergency WAF projects and demand for faster zero-day protection. Customers are also seeking API security to identify shadow AI and agent traffic. The company expects its security portfolio to generate more than $2.4 billion of revenue in 2026, indicating material scale across the market.

Key facts

• Management said demand from AI is driving tailwinds across Akamai's security portfolio, increasing need for DDoS services and WAF due to larger bot armies and more zero-days.