Akamai Technologies reported a 6% year-over-year revenue increase to $1.074 billion in Q1 2026, led by a 40% rise in Cloud Infrastructure Services and 11% growth in security revenue. The company secured a $1.8 billion, seven-year commitment from a leading U.S. frontier model provider for its cloud services, underscoring its role in the AI economy. Despite revenue gains, GAAP net income per share fell 13% due to higher costs. Akamai projects continued growth with revenue guidance between $4.445 billion and $4.55 billion for 2026.
An Akamai Technologies executive sold 3,100 shares as the company shifts focus from its declining content delivery network business to high-growth cloud infrastructure and cybersecurity services. This strategic pivot is supported by a $1.8 billion, s...
Akamai's 2026 security report reveals commerce is now the most targeted industry by cybercriminals due to rising AI bot traffic, which makes up nearly 48% of commerce network activity. The report highlights increasing Layer 7 DDoS attacks, sophistica...
Akamai Technologies is transitioning from its declining content delivery business to focus on cloud infrastructure and security, supported by a $1.8 billion, seven-year cloud contract. The company expects its Cloud Infrastructure Services to grow at ...
