Jun 2026 (Q2 FY26) — Aug 6, 2026
Akamai Q2 FY26 — AI-Driven Cloud Infrastructure Services Fuel Growth and Record Bookings
Read the full callAkamai (AKAM) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Akamai earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,100 | +5.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 7.3 | −7.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 79.4 | −23.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
25 of 41 judged targets kept · 71 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| CapEx | $433 million to $453 million | Mar 2026 | Our Q2 CapEx was $347 million or 32% of revenue. Second quarter CapEx was below our guidance, primarily driven by the timing of receipt of some GPUs. | Achieved |
| Capital expenditures as a percentage of revenue | approximately 23% to 26% | Dec 2025 | At this time, we anticipate our full year capital expenditures will be approximately 40% of total revenue. | Revised Down |
| CapEx for GPU capacity | approximately $60 million | Jun 2026 | We expect to spend approximately $60 million of that this year with the remainder hitting in early 2027. | New |
16 of AKAMAI TECHNOLOGIES INC's 112 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 109 more targets are in the full ledger.
Claimed
- Secured a new 4-year, $600 million GPU services deal with a U.S.-based technology company for robotics development.
- Total multi-year commitments for cloud infrastructure services reached over $2.8 billion year-to-date.
- Cloud Infrastructure Services (CIS) revenue grew 39% year-over-year, in line with expectations.
- Security revenue grew 10% year-over-year (9% constant currency), driven by API security and Guardicore Segmentation.
- CrowdStrike, a leading cybersecurity platform, switched to Akamai for web security and content delivery, validating Akamai's enterprise security capabilities.
Qualified
- LayerX acquisition is expected to be dilutive to non-GAAP EPS by $0.12 for FY26, split evenly across Q3 and Q4.
- Foreign exchange fluctuations are expected to result in a negative $9 million revenue headwind for H2 FY26.
- Temporary pause on share repurchases to reallocate capital towards high-growth CIS pipeline.
- Q2 CapEx of $347 million was below guidance due to timing of GPU receipts, pushing spend into Q3.
Price
$92.32 +0.67% · +$0.61
Performance +24.6% 1Y
1Y: $74.09 on 14 Oct 2025 → $92.32. High $161.14 (13 May 2026), low $71.97 (4 Nov 2025).
- Previous close
- $91.71
- 52-week range
- $71.97 – $161.14
- One year
- +25.32%
Overview
- Symbol
- AKAM
- Sector
- Information Technology
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
25 of 41 judged targets kept · 71 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| CapEx | $433 million to $453 million | Mar 2026 | Our Q2 CapEx was $347 million or 32% of revenue. Second quarter CapEx was below our guidance, primarily driven by the timing of receipt of some GPUs. | Achieved |
| Capital expenditures as a percentage of revenue | approximately 23% to 26% | Dec 2025 | At this time, we anticipate our full year capital expenditures will be approximately 40% of total revenue. | Revised Down |
| CapEx for GPU capacity | approximately $60 million | Jun 2026 | We expect to spend approximately $60 million of that this year with the remainder hitting in early 2027. | New |
Claimed
- Secured a new 4-year, $600 million GPU services deal with a U.S.-based technology company for robotics development.
- Total multi-year commitments for cloud infrastructure services reached over $2.8 billion year-to-date.
- Cloud Infrastructure Services (CIS) revenue grew 39% year-over-year, in line with expectations.
- Security revenue grew 10% year-over-year (9% constant currency), driven by API security and Guardicore Segmentation.
- CrowdStrike, a leading cybersecurity platform, switched to Akamai for web security and content delivery, validating Akamai's enterprise security capabilities.
Qualified
- LayerX acquisition is expected to be dilutive to non-GAAP EPS by $0.12 for FY26, split evenly across Q3 and Q4.
- Foreign exchange fluctuations are expected to result in a negative $9 million revenue headwind for H2 FY26.
- Temporary pause on share repurchases to reallocate capital towards high-growth CIS pipeline.
- Q2 CapEx of $347 million was below guidance due to timing of GPU receipts, pushing spend into Q3.
The full ledger
Open AKAMAI TECHNOLOGIES INC’s full ledger
A free account opens 5 company ledgers a month. All 112 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — May 7, 2026
Akamai Q1 FY26 — Landmark $1.8B AI Infrastructure Deal Fuels Future Growth
Read the full callEvery analysed call
Akamai earnings calls (AKAM)
Financials
What the filings say
Net profit, year on year: −23% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,005 | 1,020 | 1,015 | 1,043 | 1,055 | 1,095 | 1,074 | 1,100 |
| Expenses | 934 | 872 | 861 | 892 | 889 | 1,000 | 959 | 1,019 |
| Operating profit | 71 | 148 | 155 | 151 | 166 | 95 | 114 | 80 |
| Operating margin | 7.0% | 14.5% | 15.2% | 14.5% | 15.7% | 8.7% | 10.7% | 7.3% |
| Interest | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 9 |
| Profit before tax | 74 | 158 | 173 | 152 | 173 | 104 | 122 | 100 |
| Tax rate | 21.5% | 11.5% | 29.0% | 31.8% | 19.1% | 18.1% | 12.8% | 20.6% |
| Net profit | 58 | 140 | 123 | 104 | 140 | 85 | 106 | 79 |
| EPS ($ per share) | 0.38 | — | 0.83 | 0.72 | 0.98 | — | 0.73 | 0.55 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| Reserves | -431 | 48 | 605 | 1,257 | 1,920 | 2,468 | 2,973 | 3,425 |
| Total liabilities | 2,270 | 3,349 | 3,513 | 3,609 | 3,943 | 5,303 | 5,490 | 6,502 |
| Fixed assets | 911 | 1,152 | 1,478 | 1,534 | 1,540 | 1,826 | 1,995 | 2,333 |
| Investments | 856 | 1,143 | 745 | 541 | 563 | 375 | 1,079 | 256 |
| Total assets | 5,462 | 7,007 | 7,764 | 8,139 | 8,303 | 9,900 | 10,369 | 11,480 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1,008 | 1,058 | 1,215 | 1,405 | 1,275 | 1,348 | 1,519 | 1,519 |
| Cash from investing | -507 | -1,668 | -1,043 | -647 | -622 | -1,848 | -799 | -541 |
| Cash from financing | 234 | -36 | -224 | -562 | -634 | 443 | -680 | -588 |
| Net cash flow | 723 | -643 | -41 | 184 | 5 | -53 | 29 | 412 |
| Capital expenditure | -218 | -360 | -514 | -329 | -241 | -458 | -390 | -508 |
| Free cash flow | 791 | 699 | 701 | 1,076 | 1,033 | 891 | 1,129 | 1,011 |
AKAM revenue by segment
| Segment | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|
| Reportable | 100% | 100% | 100% | 100% | 100% | 100% | +5.4% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Revenue by region
Q2 FY2026 · share of revenue
- US 50% ↓ 2 pt
- Non Us 50%
As AKAM cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
146 filings between Nov 7, 2025 and Sep 25, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$17.11M
34 sales by 11 insiders
76% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 10
- Award — granted as compensation
- 48
- Option exercise — converted options into shares
- 54
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Sundaram Mani | — | $3.18M | Sep 25, 2026 |
| Karon Adam | — | $2.57M | Mar 12, 2026 |
| Joseph Paul C | — | $2.14M | Sep 15, 2026 |
| McGowan Edward J | — | $1.97M | Mar 10, 2026 |
| Williams Anthony P | — | $1.56M | Mar 11, 2026 |
| Blumofe Robert | — | $1.31M | Jun 18, 2026 |
| Ahola Aaron | — | $1.22M | Mar 16, 2026 |
| MILLER JON | — | $1.13M | Mar 4, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 25, 2026 | Salem-Jackson Kim EVP, Chief Marketing Officer | Sale 10b5-1 plan | 2,013 | $257.7K |
| Sep 25, 2026 | Sundaram Mani EVP and GM Security | Sale 10b5-1 plan | 7,022 | $882.1K |
| Sep 15, 2026 | Joseph Paul C EVP - Global Sales | Sale 10b5-1 plan | 3,100 | $327.5K |
| Sep 12, 2026 | Howell Laura SVP, Chief Accounting Officer | Option exercise | 323 | — |
| Sep 12, 2026 | Howell Laura SVP, Chief Accounting Officer | Tax withheld | 108 | $11.5K |
| Jul 15, 2026 | Joseph Paul C EVP - Global Sales | Sale 10b5-1 plan | 3,100 | $393.0K |
| Jun 18, 2026 | Blumofe Robert Chief Technology Officer | Sale 10b5-1 plan | 243 | $31.4K |
| Jun 12, 2026 | Howell Laura SVP, Chief Accounting Officer | Option exercise | 322 | — |
| Jun 12, 2026 | Howell Laura SVP, Chief Accounting Officer | Tax withheld | 95 | $12.6K |
| Jun 10, 2026 | Salem-Jackson Kim EVP, Chief Marketing Officer | Sale 10b5-1 plan | 2,300 | $311.8K |
| May 20, 2026 | HESSE DANIEL Director | Option exercise | 2,336 | — |
| May 14, 2026 | Akella Janaki Director | Option exercise | 3,028 | — |
| May 14, 2026 | MILLER JON Director | Option exercise | 3,547 | — |
| May 14, 2026 | Burger Bas Director | Option exercise | 3,028 | — |
| Mar 16, 2026 | Joseph Paul C EVP - Global Sales | Sale 10b5-1 plan | 1,950 | $208.1K |
| Mar 16, 2026 | Ahola Aaron EVP & General Counsel | Sale | 4,500 | $478.2K |
| Mar 16, 2026 | Joseph Paul C EVP - Global Sales | Sale 10b5-1 plan | 83 | $9.0K |
| Mar 16, 2026 | Joseph Paul C EVP - Global Sales | Sale 10b5-1 plan | 2,967 | $314.2K |
| Mar 12, 2026 | Howell Laura SVP, Chief Accounting Officer | Option exercise | 322 | — |
| Mar 12, 2026 | Howell Laura SVP, Chief Accounting Officer | Tax withheld | 95 | $10.1K |
| Mar 12, 2026 | Karon Adam COO & GM Edge Technology Group | Sale | 17,000 | $1.83M |
| Mar 11, 2026 | Williams Anthony P EVP and CHRO | Sale | 2,745 | $288.0K |
| Mar 11, 2026 | Williams Anthony P EVP and CHRO | Sale | 12,255 | $1.28M |
| Mar 10, 2026 | McGowan Edward J Chief Financial Officer | Sale 10b5-1 plan | 4,011 | $408.1K |
| Mar 10, 2026 | McGowan Edward J Chief Financial Officer | Sale 10b5-1 plan | 9,734 | $982.8K |
| Mar 9, 2026 | Sundaram Mani EVP and GM Security | Sale 10b5-1 plan | 1,722 | $169.8K |
| Mar 6, 2026 | Blumofe Robert Chief Technology Officer | Tax withheld | 2,474 | $249.9K |
| Mar 6, 2026 | Blumofe Robert Chief Technology Officer | Option exercise | 5,116 | — |
| Mar 6, 2026 | LEIGHTON F THOMSON Chief Executive Officer | Tax withheld | 11,292 | $1.14M |
| Mar 6, 2026 | Karon Adam COO & GM Edge Technology Group | Option exercise | 10,898 | — |
| Mar 6, 2026 | LEIGHTON F THOMSON Chief Executive Officer | Option exercise | 23,353 | — |
| Mar 6, 2026 | Williams Anthony P EVP and CHRO | Tax withheld | 3,119 | $315.0K |
| Mar 6, 2026 | McGowan Edward J Chief Financial Officer | Tax withheld | 4,356 | $440.0K |
| Mar 6, 2026 | Williams Anthony P EVP and CHRO | Option exercise | 6,450 | — |
| Mar 6, 2026 | Sundaram Mani EVP and GM Security | Option exercise | 6,673 | — |
| Mar 6, 2026 | Howell Laura SVP, Chief Accounting Officer | Tax withheld | 588 | $59.4K |
| Mar 6, 2026 | Howell Laura SVP, Chief Accounting Officer | Option exercise | 2,002 | — |
| Mar 6, 2026 | Sundaram Mani EVP and GM Security | Tax withheld | 3,227 | $325.9K |
| Mar 6, 2026 | Salem-Jackson Kim EVP, Chief Marketing Officer | Tax withheld | 2,797 | $282.5K |
| Mar 6, 2026 | Salem-Jackson Kim EVP, Chief Marketing Officer | Option exercise | 5,783 | — |
| Mar 6, 2026 | Joseph Paul C EVP - Global Sales | Tax withheld | 3,227 | $325.9K |
| Mar 6, 2026 | Joseph Paul C EVP - Global Sales | Option exercise | 6,673 | — |
| Mar 6, 2026 | McGowan Edward J Chief Financial Officer | Option exercise | 9,008 | — |
| Mar 6, 2026 | Ahola Aaron EVP & General Counsel | Tax withheld | 2,732 | $275.9K |
| Mar 6, 2026 | Ahola Aaron EVP & General Counsel | Option exercise | 5,649 | — |
| Mar 6, 2026 | Karon Adam COO & GM Edge Technology Group | Tax withheld | 5,270 | $532.3K |
| Mar 5, 2026 | Sundaram Mani EVP and GM Security | Sale 10b5-1 plan | 3,186 | $324.7K |
| Mar 4, 2026 | Joseph Paul C EVP - Global Sales | Tax withheld | 2,736 | $279.3K |
| Mar 4, 2026 | Sundaram Mani EVP and GM Security | Tax withheld 10b5-1 plan | 2,983 | $304.5K |
| Mar 4, 2026 | Sundaram Mani EVP and GM Security | Option exercise 10b5-1 plan | 6,169 | — |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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