AKAM · 10-Q · 2026Q2 · Full report

Capital Expenditures

AKAMAI TECHNOLOGIES INC · 2026-08-07 · Importance 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 flow was negative $2.574 billion in 2026, primarily because the company purchased $2.153 billion of marketable securities using proceeds from its May 2026 convertible-note issuance. Management intends to use part of the new note proceeds to fund accelerated capital expenditures for a rapid global cloud-infrastructure build-out, and expects additional investments in cloud and AI infrastructure.

Key facts

• Purchases of property and equipment and capitalization of internal-use software development costs for the six months ended June 30, 2026: $(417,600) (in thousands). source
• Cash paid for asset acquisition for the six months ended June 30, 2025: $(29,930) (in thousands) (no cash paid for asset acquisition in six months ended June 30, 2026 shown as —). source