AI Earnings Predictions for Akamai Technologies Inc. (AKAM)

EX-99.1

2 exhibit991-q22026.htm

EX-99.1

Document

Exhibit 99.1

FOR IMMEDIATE RELEASE

Contacts:

Johanna Schmitt Mark Stoutenberg

Media RelationsInvestor Relations

Akamai TechnologiesAkamai Technologies

AkamaiPR@akamai.com mstouten@akamai.com

AKAMAI REPORTS SECOND QUARTER 2026 FINANCIAL RESULTS

Second quarter revenue of $1.1 billion, up 5% year-over-year and when adjusted for foreign exchange*

Cloud Infrastructure Services revenue of $99 million, up 39% year-over-year and when adjusted for foreign exchange*

Security revenue of $604 million, up 10% year-over-year and up 9% when adjusted for foreign exchange*

GAAP net income per diluted share of $0.52, down 27% year-over-year and down 22% when adjusted for foreign exchange*, and non-GAAP net income per diluted share* of $1.59, down 8% year-over-year and down 6% when adjusted for foreign exchange*

U.S.-based technology company commits to more than $600 million over four years for Cloud Infrastructure Services to power robotics development

CAMBRIDGE, Mass. – August 6, 2026 – Akamai Technologies, Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, today reported financial results for the second quarter ended June 30, 2026.

“Akamai delivered a strong second quarter, highlighted by sustained momentum across our security and Cloud Infrastructure Services (CIS) portfolios,” said Dr. Tom Leighton, Akamai's Chief Executive Officer. “We are especially excited by the rapid growth of our CIS portfolio. Year-to-date, we have signed numerous customers to multi-year CIS contracts, collectively worth over $2.8 billion. This includes a contract with a U.S.-based technology company, which is also a new customer, worth more than $600 million over four years. These major contract wins validate Akamai's growing position as a key AI infrastructure provider.”

Akamai delivered the following results for the second quarter ended June 30, 2026:

Revenue: Revenue was $1.100 billion, a 5% increase over second quarter 2025 revenue of $1.043 billion and a 5% increase when adjusted for foreign exchange.*

Revenue by solution:

•Security revenue was $604 million, up 10% year-over-year and up 9% when adjusted for foreign exchange*

•Delivery and other cloud applications revenue was $396 million, down 6% year-over-year and down 5% when adjusted for foreign exchange*

•Cloud infrastructure services revenue was $99 million, up 39% year-over-year and when adjusted for foreign exchange*

Revenue by geography:

•U.S. revenue was $550 million, up 4% year-over-year

•International revenue was $549 million, up 6% year-over-year and up 7% when adjusted for foreign exchange*

1

Income from operations: GAAP income from operations was $80 million, a 47% decrease from second quarter 2025. GAAP operating margin for the second quarter was 7%, down 8 percentage points from the same period last year.

Non-GAAP income from operations* was $271 million, a 12% decrease from second quarter 2025. Non-GAAP operating margin* for the second quarter was 25%, down 5 percentage points from the same period last year.

Net income: GAAP net income was $79 million, a 23% decrease from second quarter 2025. Non-GAAP net income* was $236 million, down 6% from second quarter 2025.

EPS: GAAP net income per diluted share was $0.52, a 27% decrease from second quarter 2025 and a 22% decrease when adjusted for foreign exchange.* Non-GAAP net income per diluted share* was $1.59, an 8% decrease from second quarter 2025 and a 6% decrease when adjusted for foreign exchange.*

Adjusted EBITDA*: Adjusted EBITDA* was $416 million, a 6% decrease from second quarter 2025.

Supplemental cash information: Cash from operations for the second quarter of 2026 was $326 million, or 30% of revenue. Cash, cash equivalents and marketable securities was $4.616 billion as of June 30, 2026.

Share repurchases: The Company spent $410 million in the second quarter of 2026 to repurchase 3 million shares of common stock at a weighted average price of $134.54 per share. The Company had 144 million shares of common stock outstanding as of June 30, 2026.

Financial guidance: The Company reports the following financial guidance for the third quarter and full year 2026:

Three Months Ending September 30, 2026Year Ending December 31, 2026

Low EndHigh EndLow EndHigh End

Revenue (in millions)$1,105 $1,130 $4,445 $4,530

Non-GAAP operating margin *

24 %26 %25 %26 %

Non-GAAP net income per diluted share *

$1.60 $1.80 $6.40 $7.05

Non-GAAP tax rate*19 %19 %19 %19 %

Shares used in non-GAAP per diluted share calculations * (in millions)

150 150 150 150

The guidance that is provided on a non-GAAP basis cannot be reconciled to the closest GAAP measures without unreasonable effort because of the unpredictability of the amounts and timing of events affecting the items Akamai excludes from non-GAAP measures. For example, stock-based compensation is unpredictable for Akamai’s performance-based awards,

EX-99.1

2 exhibit991-q12026.htm

EX-99.1

Document

Exhibit 99.1

FOR IMMEDIATE RELEASE

Contacts:

Johanna Schmitt Mark Stoutenberg

Media RelationsInvestor Relations

Akamai TechnologiesAkamai Technologies

AkamaiPR@akamai.com mstouten@akamai.com

AKAMAI REPORTS FIRST QUARTER 2026 FINANCIAL RESULTS

First quarter revenue of $1.074 billion, up 6% year-over-year and up 4% when adjusted for foreign exchange*

Cloud Infrastructure Services revenue of $95 million, up 40% year-over-year and up 39% when adjusted for foreign exchange*

Security revenue of $590 million, up 11% year-over-year and up 9% when adjusted for foreign exchange*

GAAP net income per diluted share of $0.71, down 13% year-over-year and down 14% when adjusted for foreign exchange*, and non-GAAP net income per diluted share* of $1.61, down 5% year-over-year and when adjusted for foreign exchange*

Leading, U.S. based frontier model provider commits $1.8 billion over seven years for Cloud Infrastructure Services

CAMBRIDGE, Mass. – May 7, 2026 – Akamai Technologies, Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, today reported financial results for the first quarter ended March 31, 2026.

“Akamai delivered a strong start to 2026, highlighted by a 40% year-over-year increase in Cloud Infrastructure Services (CIS) revenue and security growth of 11%,” said Dr. Tom Leighton, Akamai's Chief Executive Officer. “And, today, we are very pleased to announce that a leading frontier model provider has committed to $1.8 billion over seven years for CIS, further validating our position as a key infrastructure provider in the AI economy. Our security portfolio is also uniquely positioned to benefit from the rapid evolution of AI, with our enterprise customers needing our security products and expertise more than ever before.”

Akamai delivered the following results for the first quarter ended March 31, 2026:

Revenue: Revenue was $1.074 billion, a 6% increase over first quarter 2025 revenue of $1.015 billion and a 4% increase when adjusted for foreign exchange.*

Revenue by solution:

•Security revenue was $590 million, up 11% year-over-year and up 9% when adjusted for foreign exchange*

•Delivery and other cloud applications revenue was $389 million, down 7% year-over-year and down 8% when adjusted for foreign exchange*

•Cloud Infrastructure Services revenue was $95 million, up 40% year-over-year and up 39% when adjusted for foreign exchange*

Revenue by geography:

•U.S. revenue was $543 million, up 3% year-over-year

•International revenue was $530 million, up 9% year-over-year and up 5% when adjusted for foreign exchange*

1

Income from operations: GAAP income from operations was $114 million, a 26% decrease from first quarter 2025. GAAP operating margin for the first quarter was 11%, down 4 percentage points from the same period last year.

Non-GAAP income from operations* was $283 million, an 8% decrease from first quarter 2025. Non-GAAP operating margin* for the first quarter was 26%, down 4 percentage points from the same period last year.

Net income: GAAP net income was $106 million, a 14% decrease from first quarter 2025. Non-GAAP net income* was $239 million, down 7% from first quarter 2025.

EPS: GAAP net income per diluted share was $0.71, a 13% decrease from first quarter 2025 and a 14% decrease when adjusted for foreign exchange.* Non-GAAP net income per diluted share* was $1.61, a 5% decrease from first quarter 2025 and when adjusted for foreign exchange.*

Adjusted EBITDA*: Adjusted EBITDA* was $427 million, a 3% decrease from first quarter 2025.

Supplemental cash information: Cash from operations for the first quarter of 2026 was $313 million, or 29% of revenue. Cash, cash equivalents and marketable securities was $1.733 billion as of March 31, 2026.

Share repurchases: The Company spent $206 million in the first quarter of 2026 to repurchase 2 million shares of common stock at a weighted average price of $105.47 per share. The Company had 146 million shares of common stock outstanding as of March 31, 2026.

Financial guidance: The Company reports the following financial guidance for the second quarter and full year 2026:

Three Months Ending June 30, 2026Year Ending December 31, 2026

Low EndHigh EndLow EndHigh End

Revenue (in millions)$1,075 $1,100 $4,445 $4,550

Non-GAAP operating margin *

25 %26 %26 %26 %

Non-GAAP net income per diluted share *

$1.45 $1.65 $6.40 $7.15

Non-GAAP tax rate*18.5 %18.5 %18.5 %18.5 %

Shares used in non-GAAP per diluted share calculations * (in millions)

146 146 147 147

The guidance that is provided on a non-GAAP basis cannot be reconciled to the closest GAAP measures without unreasonable effort because of the unpredictability of the amounts and timing of events affecting the items Akamai excludes from non-GAAP measures. For example, stock-based compensation is unpredictable for Akamai’s performance-based awards, which can fluctuate significa

akam-202602190001086222false00010862222026-02-192026-02-19

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report: February 19, 2026 (Date of earliest event reported)

AKAMAI TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

Delaware0-2727504-3432319 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)

145 Broadway Cambridge, Massachusetts 02142 (Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (617) 444-3000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Common Stock, $0.01 par valueAKAMNasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition

On February 19, 2026, Akamai Technologies, Inc. (the "Company") announced its financial results for the fiscal quarter and year ended December 31, 2025. The full text of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information provided under this Form 8-K (including Exhibit 99.1) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

The following exhibit relating to Item 2.02 shall be deemed to be furnished, and not filed:

Exhibit No.Description 99.1Press release dated February 19, 2026

104Cover page interactive data file (the cover page XBRL tags are embedded within the inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated:February 19, 2026AKAMAI TECHNOLOGIES, INC.

/s/ Edward McGowan Edward McGowan Executive Vice President, Chief Financial Officer and Treasurer