Akamai Technologies, Inc. earnings overview

AKAM FY2026 Q1 · Calendar Q2 2026

Akamai Technologies, Inc.

Akamai's Q1 2026 results mark an inflection point in its cloud infrastructure strategy. The company secured a landmark seven-year, $1.8 billion AI infrastructure contract—the largest in its history—while Cloud Infrastructure Services (CIS) revenue surged 40% year over year and security revenue grew 11%. Management raised guidance and signaled double-digit revenue growth for 2027, supported by an aggressive GPU deployment plan with NVIDIA across 4,300 points of presence. The trade-off is a sharp increase in capital expenditure, projected at 40–42% of revenue for the full year, which pressures near-term free cash flow even as it builds the platform for long-term AI-driven growth.