AKAM · Earnings call · 2026Q2T · Full report

Security Demand Trends

AKAMAI TECHNOLOGIES INC · 2026-08-06 · Importance 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 Application Firewall, API security, and Guardicore segmentation. Customers are expanding WAF protection against vulnerabilities and zero-days associated with frontier models, while emergency projects are increasing demand for application and site protection. A major bank signed a $14 million WAF upgrade to secure all applications, and a large telecommunications customer renewed security and delivery products in a contract worth more than $20 million over two years.