AKAM · 10-Q · 2026Q3

AKAMAI TECHNOLOGIES INC

Filed 2026-11-06 · Other · View original filing on EDGAR

Everything AKAM's SEC filings said, ranked

Ranked Events

• Cloud Infrastructure Supply CostsImportance 76 · Surprise 56
  Akamai’s expansion of cloud infrastructure services and its platform for AI applications is increasing demand for data-center space, network capacity and compute partners. Third-quarter co-location costs increased to…
• Outstanding IndebtednessImportance 71 · Surprise 60
  Akamai issued $3.5 billion in principal amount of convertible senior notes in May 2026: $1.75 billion due 2030 and $1.75 billion due 2032, both with zero-coupon interest. As of September 30, 2026, the company had…
• Capital Expenditure OutlookImportance 64 · Surprise 42
  Akamai estimates approximately $6.8 billion of significant capital expenditures over the next several years to support recently announced large, multi-year cloud infrastructure services arrangements. Spending is…
• Cloud Infrastructure CommitmentsImportance 64 · Surprise 42
  As of September 30, 2026, Akamai had $2.4 billion of additional co-location operating leases that had not yet commenced; most are expected to commence by the end of 2027, with terms ranging from one to twenty years.…
• Cloud Infrastructure CommitmentImportance 64 · Surprise 42
  Akamai entered into several large, multi-year cloud infrastructure services arrangements in 2026 totaling more than $14 billion, including with customers building, deploying and operating AI workloads on its platform.…
• Income Tax Rate ChangesImportance 61 · Surprise 64
  The third-quarter 2026 income-tax provision declined 35% year over year to $21.3 million, while the nine-month provision declined 56% to $57.6 million. Akamai attributed the decreases to lower profitability, increased…
• Cloud Infrastructure DemandImportance 58 · Surprise 42
  A large social media customer is subleasing data-center space in Virginia, with the remaining portion of the space commencing in January 2026. Akamai says it is adding co-location space and expanding its network to…
• Capital Return ProgramImportance 58 · Surprise 42
  Under the $2.0 billion share repurchase authorization effective from May 2024 through June 2027, Akamai repurchased 5.0 million shares during the nine months ended September 30, 2026, at a weighted-average price of…
• Operating Expense TrendsImportance 54 · Surprise 40
  Third-quarter sales and marketing expense rose 13% year over year to $164.4 million, primarily because of headcount reinvestment in the go-to-market strategy; nine-month expense increased 16% to $491.5 million.…
• Research and Development ExpenseImportance 54 · Surprise 40
  Third-quarter 2026 research and development expense increased 13% year over year to $141.4 million; nine-month expense increased 15% to $431.8 million. The increases primarily reflected higher payroll and stock-based…
• Gross Margin DriversImportance 52 · Surprise 56
  Third-quarter cost of revenue increased 17% year over year to $504.7 million, compared with revenue growth of 6% to $1.122 billion. Cost of revenue was approximately 45.0% of revenue, versus 40.7% a year earlier,…
• Revenue Performance and MixImportance 49 · Surprise 32
  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…
• Acquisition / Partnership / DivestitureImportance 47 · Surprise 60
  Akamai acquired LayerX Security Ltd. in July 2026. Cash paid for business acquisitions, net of cash acquired, totaled $191.3 million in the nine months ended September 30, 2026. The filing identifies the acquisition as…
• Liquidity and Cash PositionImportance 37 · Surprise 6
  As of September 30, 2026, Akamai held $4.2 billion in cash, cash equivalents and marketable securities, including $421.0 million of cash and cash equivalents outside the U.S. Management expected these resources,…
• Macroeconomic Factors ImpactImportance 20 · Surprise 24
  Akamai says global macroeconomic and geopolitical conditions are affecting customers and the company’s revenue growth. It reports that customers, particularly in media and gaming, have optimized traffic to manage…
• FX / Currency HeadwindsImportance 13 · Surprise 6
  Akamai says revenue and earnings from international operations have historically been an important contributor to results and that foreign-exchange movements have affected, and are expected to continue affecting,…

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