AKAM · 10-Q · 2026Q3 · Full report

Revenue Performance and Mix

AKAMAI TECHNOLOGIES INC · 2026-11-06 · Importance 49 · Surprise 32 · In source text

Third-quarter 2026 revenue increased 6% year over year to $1.122 billion, while nine-month revenue increased 6% to $3.295 billion. Third-quarter security revenue grew 9% to $621.9 million, driven by API security, web application, and Guardicore segmentation products; cloud infrastructure services revenue rose 34% to $108.8 million on compute and compute-partner sales. Delivery and other cloud applications revenue declined 3% to $391.3 million as contract-renewal pricing fell and customers optimized traffic. The company said 2026 cloud infrastructure arrangements totaling more than $14 billion will begin generating revenue in the fourth quarter, accelerate in 2027, and have anticipated capacity fully operational by the end of 2028.

Key facts

• Akamai is taking steps at contract renewals to sign customers to multi-year contracts that account for significant hyperscaler-driven cost increases and customer traffic volumes to better align unit pricing. source
• Akamai expects moderation of network traffic growth trends to continue for the remainder of 2026. source
• Akamai reported that delivery and security customers' renewal prices have declined in recent years due to competition, negatively impacting revenue growth rates. source
• Akamai's international operations continue to grow, particularly in traffic growth, new customer acquisition and cross-selling of incremental solutions. source

Impact estimates