Citable filing context
AKAM's research view summarizes recent SEC filing context, starting with other from Sep 25, 2026.
| Filed | Item | Context |
|---|---|---|
| Sep 25, 2026 | other | Akamai Technologies adopted amendments to its Code of Ethics to update and clarify certain provisions. |
| Sep 24, 2026 | material_agreement | Akamai signed agreements with Anthropic for cloud computing services, with Anthropic committing approximately $11.6 billion. |
| Aug 6, 2026 | earnings | Akamai reported second quarter 2026 revenue of $1.1 billion, a 5% increase year-over-year. |
| Sep 24, 2026 | Guidance: capital_expenditures | 5.50 to not reported |
| Sep 24, 2026 | Guidance: capital_expenditures | 1.70 to not reported |
| Aug 6, 2026 | Guidance: non_gaap_net_income_per_diluted_share | 1.60 to 1.80 |
| Aug 7, 2026 | mda_quarterly | Akamai Technologies is currently navigating a strategic transition, prioritizing growth in its security and cloud infrastructure services portfolios while managing a moderation in network traffic growth. For the six months ended June 30, 2026, revenue reached $2.17 billion, a 6% increase year-over-year. This growth was driven by a 10% rise in security revenue—led by API security, web application, and Guardicore microsegmentation solutions—and a 39% surge in cloud infrastructure services. Conversely, the delivery and other cloud applications segment declined by 6%, pressured by downward pricing at contract renewals and customer cost-optimization efforts in the media and gaming verticals. Profitability faced headwinds, with operating margins contracting as the company scales its platform to support AI applications. Key cost drivers include rising co-location, server, and memory expenses, exacerbated by competition for data center space from hyperscalers. Additionally, stock-based compensation increased due to new retirement-eligible vesting benefits. Liquidity remains robust, with $4.6 billion in cash and marketable securities. In May 2026, Akamai issued $3.5 billion in convertible senior notes to fund accelerated capital expenditures for cloud infrastructure and general corporate purposes. The company also acquired LayerX Security for $205 million in July 2026 to bolster its AI-driven browser security capabilities. |
| May 8, 2026 | mda_quarterly | Akamai’s revenue grew 6% to $1.07 billion, driven by strong performance in security solutions—specifically API security and Guardicore segmentation—and a 40% surge in cloud infrastructure services. Conversely, delivery and other cloud applications revenue declined 7% as macroeconomic headwinds led media and gaming customers to optimize traffic and downward pricing impacted contract renewals. The company is strategically pivoting toward AI infrastructure, focusing on the Akamai Inference Cloud and compute-to-edge solutions. Profitability is under pressure; GAAP operating margin declined to 11% as cost of revenue rose 12%. This increase is primarily attributed to higher co-location, server, and memory costs resulting from intense market competition with hyperscalers. Akamai maintains a strong liquidity position with $1.7 billion in cash and marketable securities, though it carries $4.14 billion in convertible senior notes maturing between 2027 and 2033. The company continues to return capital to shareholders, repurchasing $205.9 million in common stock during the quarter, with $974.6 million remaining under its current authorization. Management expects cost of revenue to continue increasing throughout 2026 as they scale the platform to support AI applications and cloud infrastructure growth. |
Source: SEC EDGAR filing text and events; period Sep 25, 2026; filed Sep 25, 2026.
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