AKAM · Akamai Technologies Inc

Track AKAM — free

$106.35 -2.10 (-1.94%) At close · Sep 30

S&P 500 member Russell 1000 member Rebalance outlook locked

Market Cap

$15.89B

143.72M

Volume · Sep 30 6.28M Avg daily vol (3M) 4.17M

Up next

Next earnings call

Nov 5, 2026 Est · unconfirmed · in 5 wks

Latest filing: 10-Q

filed Aug 7, 2026

Q2 2026 earnings call transcript

call held Aug 6, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

View all 115 metrics

Revenue (TTM)

$4.32B

Trailing 12 months

Net income (TTM)

$410.96M

Trailing 12 months

Revenue growth YoY

+5.4%

Year over year

Operating margin

10.5%

Trailing 12 months

P / E (TTM)

39.2

Trailing earnings · reciprocal yield 2.6%

FCF yield

6.0%

TTM · current market cap

Return on invested capital

—

Trailing 12 months

Net cash

$3.36B

Latest balance sheet

Dividend yield

—

Trailing 12 months

Shares change YoY

+5.8%

Year over year · more shares

Price change (1Y)

+42.3%

Trailing year

Short interest

13.1%

Latest settlement · 5.9 days to cover

View all 115 metrics

AI Brief

Q2 FY26 earnings call · Aug 6, 2026

Q2 FY26

TL;DR. Akamai announced a $600M, four-year AI cloud infrastructure commitment from a U.S. tech company for robotics, bringing year-to-date multi-year CIS commitments to over $2.8B and providing visibility to overall revenue growth accelerating to the low teens in 2027. However, Q2 results showed GAAP EPS down 27% and non-GAAP EPS down 8% YoY, delivery revenue declined 6%, CapEx stepped up to 32% of revenue, and the company is pausing buybacks to fund CIS growth.

Bullish

+ New $600M, four-year CIS commitment from a U.S. tech customer for robotics brings year-to-date multi-year CIS commitments to over $2.8B and supports revenue growth accelerating to the low teens in 2027.
+ Security revenue grew 10% YoY to $604M, including notable customer wins with a major bank ($14M upgrade), a top global telco ($20M+ over two years), and CrowdStrike switching web security and CDN to Akamai.

Bearish

− Non-GAAP EPS of $1.59 in Q2 was down 8% YoY (down 6% in constant currency) and GAAP EPS of $0.52 was down 27% YoY, reflecting margin pressure from CIS investments and higher depreciation and headcount costs.
− Delivery and other cloud applications revenue declined 6% YoY to $396M and is expected to decline mid-single digits on a constant-currency basis for full-year 2026.
− Akamai is temporarily pausing share repurchases to reallocate capital to support the CIS pipeline, after spending $410M in Q2 and $616M YTD on buybacks.
− LayerX acquisition is expected to be dilutive to 2026 non-GAAP EPS by approximately $0.12 (split across Q3 and Q4), with no material full-year 2026 revenue contribution.

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice

Overall

Neutral

SellHoldBuy

Technical Neutral Momentum Weak Sentiment Bullish Fundamentals Strong Quant / Vol Very High

Market backdrop VIX 16.3 · calm Equity put/call 0.53

Technical

price trend

Neutral

50 / 200-day cross No cross

Price vs 200-day avg −5%

below

Price vs 50-day avg −5%

below

RSI (14) 45

neutral

MACD trend Positive

52-week position 39%

mid-range

Momentum

relative strength

Weak

1-month return 0%

trailing

6-month return −3%

trailing

YTD return +22%

this year

Relative strength −15%

vs S&P · 6-mo

Sentiment

smart money

Bullish

Trend (MA cross) No cross

50d $112 › 200d $111 — 50d above 200d

Institutional flow Accumulating

+4% holders QoQ · +141 funds added

Insider flow Flat

No net insider activity over 90 days

Short interest Falling

13.08% of float · ▼ -1.2% MoM · 5.9 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

819 holders — near 3-yr high, broad support

Squeeze score 66

elevated · 0–100

Fundamentals

Strong

Revenue growth +7%

Y/Y

EPS growth −6%

Y/Y

Free cash flow $1.0B

Valuation P/E 39.9

in line

Buyback $564.8M

remaining

Quant / Vol

risk profile

Very High

Volatility 61%

annualized · 1-yr

Max drawdown −35%

past year

ATR 6.2%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Beat or met 7 of last 8

Latest guidance · from the Earnings Call filed Aug 6, 2026

third quarter

Revenue $1.11B – $1.13B

Non-GAAP operating expenses Non-GAAP $347M – $359M

Non-GAAP operating margin Non-GAAP 24% – 26%

Non-GAAP depreciation expense Non-GAAP $153M – $155M

Non-GAAP EPS Non-GAAP $1.60 – $1.80

CapEx $475M – $525M

full year 2026

Revenue Lowered $4.45B – $4.53B

Mar 31, 2026 $4.45B – $4.55B Aug 6, 2026 $4.45B – $4.53B

prior FY $4.21B midpoint +6.6% Y/Y

Cloud infrastructure services revenue growth (constant currency) Non-GAAP Initiated at least 50%

Non-GAAP operating margin Non-GAAP Initiated 25% – 26%

CapEx as percentage of total revenue Initiated 40%

Non-GAAP earnings per diluted share Non-GAAP Lowered $6.40 – $7.05

Mar 31, 2026 $6.40 – $7.15 Aug 6, 2026 $6.40 – $7.05

Prior guidance period ended · from the Earnings Call filed Mar 31, 2026

Revenue · Q2 $1.08B – $1.1B

Non-GAAP EPS · Q2 $1.45 – $1.65

Cash gross margins · Q2 70% – 71%

Non-GAAP operating expenses · Q2 $346M – $357M

EBITDA margin · Q2 38% – 39%

CapEx · Q2 40% – 41%

CapEx · Q2 $433M – $453M

Guided vs delivered · last 8 settled

Revenue Q2

guided $1.08B – $1.1B

guided $1.08B – $1.1B $1.1B In line

Revenue (in millions) Three Months Ending March 31, 2024

guided $980 – $1,000

guided $980 – $1,000 $3.99B Beat +403148182.8%

Revenue Q1 2022

guided $896M – $910M

guided $896M – $910M $903.65M In line

Revenue full year 2022

guided $3.67B – $3.73B

guided $3.67B – $3.73B $3.62B Miss −2.3%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Neutral

1 · 4 · 1

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

−5% Neutral

Price vs 50-day avg

−5% Bearish

RSI (14)

45 Neutral

MACD trend

Positive Bullish

52-week position

39% Neutral

Market signals — smart money & positioning

Bullish · 3 of 6

Trend (MA cross) No cross

50d $112 › 200d $111 — 50d above 200d

Institutional flow Accumulating

+4% holders QoQ · +141 funds added

Insider flow Flat

No net insider activity over 90 days

Short interest Falling

13.08% of float · ▼ -1.2% MoM · 5.9 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

819 holders — near 3-yr high, broad support

Price context

position in its 52-week range

Range low $72 Now $106 · 39% Range high $161

vs 200-day avg -5% vs 50-day avg -5%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
Adjusted EBITDA non-GAAP	416.07M	the three months ended June 30, 2026 filing	—
GAAP → non-GAAP reconciliation GAAP Net income 79.4M -31.67M Interest and marketable securities income, net +20.62M Provision for income taxes +145.36M Depreciation and amortization +15.43M Amortization of capitalized stock-based compensation and capitalized interest expense +25.09M Amortization of acquired intangible assets +146.29M Stock-based compensation +1.83M Restructuring charge +1.79M Acquisition-related costs +9.08M Interest expense +0K Gain on cost method investments, net +2.85M Other expense, net = Adjusted EBITDA 416.07M
Adjusted EBITDA margin non-GAAP	38%	the three months ended June 30, 2026 filing	—
Effective income tax rate	21%	For the Three Months Ended June 30, 2026 filing	—
Non-GAAP income from operations non-GAAP	270.71M	For the Three Months Ended June 30, 2026 filing	—
GAAP → non-GAAP reconciliation GAAP Income from operations 80.28M +25.09M Amortization of acquired intangible assets +146.29M Stock-based compensation +15.43M Amortization of capitalized stock-based compensation and capitalized interest expense +1.83M Restructuring charge +1.79M Acquisition-related costs = Non-GAAP income from operations 270.71M
Non-GAAP net income non-GAAP	235.82M	For the Three Months Ended June 30, 2026 filing	—
GAAP → non-GAAP reconciliation GAAP Net income 79.4M +25.09M Amortization of acquired intangible assets +146.29M Stock-based compensation +15.43M Amortization of capitalized stock-based compensation and capitalized interest expense +1.83M Restructuring charge +1.79M Acquisition-related costs +3.03M Amortization of debt issuance costs +0K Gain on cost method investments, net -37.04M Income tax effect of above non-GAAP adjustments and certain discrete tax items = Non-GAAP net income 235.82M
Non-GAAP net income per diluted share non-GAAP	$1.59	For the Three Months Ended June 30, 2026 filing	—
GAAP → non-GAAP reconciliation GAAP GAAP net income per diluted share $0.52 +$0.16 Amortization of acquired intangible assets +$0.95 Stock-based compensation +$0.1 Amortization of capitalized stock-based compensation and capitalized interest expense +$0.01 Restructuring charge +$0.01 Acquisition-related costs +$0.02 Amortization of debt issuance costs +$0 Gain on cost method investments, net -$0.24 Income tax effect of above non-GAAP adjustments and certain discrete tax items +$0.06 Adjustment for shares = Non-GAAP net income per diluted share $1.59
Non-GAAP operating margin non-GAAP	25%	For the Three Months Ended June 30, 2026 filing	—

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Software - Infrastructure — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
AKAM Akamai Technologies Inc this stock	$15.89B	+21.9%	+7.0%	39.9	13.1%
MSFT Microsoft Corp	$3.83T	+6.1%	+6.9%	28.8	0.9%
PLTR Palantir Technologies Inc.	$455.79B	+5.2%	+56.2%	162.1	2.5%
ORCL Oracle Corp	$414.55B	-29.6%	+17.3%	21.5	1.7%
PANW Palo Alto Networks Inc	$306.54B	+115.7%	+29.0%	—	2.7%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Accumulating

Holders

819

% held: 131.9%
Net QoQ: +23.8M sh
Top holder: Capital World Investors

Held Float

View

Held by Funds

Fund positions

757

View

Short & Settlement

Short Interest Falling

Shares short

18.8M

Days to cover: 5.9d
Change: -221.2K sh

View

Short Volume

Short vol %

59%

As of: Sep 30, 2026

Short Total

View

Fails to Deliver

FTD shares

20.2K

Value: $2.2M
As of: Sep 11, 2026

View

Off-Exchange

Off-exchange %

51.4%

Week of: Aug 24, 2026

Off-exch Lit

View

Smart Money

Congressional Trades Buy

Member

Alan Armstrong

Amount: $1.0K–$15.0K
Traded: Mar 27, 2026

View

Financials

Revenue (FY)

$2.5B

Net income (FY): $452.0M
EPS diluted: $3.07

View

Buybacks

Authorized

$2.0B

Remaining: $564.8M

Spent Remaining

View

Filings

SEC Filings

Latest

8-K

Filed: Sep 25, 2026
This year: 14

View

Proposed Sales

Value

$882.1K

Shares: 7.0K
Filed: Sep 25, 2026

View

Earnings & Events

Earnings Calls

Last call

Aug 6, 2026

View

Performance

	5D	20D	120D	MTD	YTD
AKAM	-10.2%	-0.1%	-3.0%	-2.1%	+21.9%
SPY	-0.7%	+0.1%	+12.2%	-0.6%	+11.8%
vs SPY	-9.5%	-0.2%	-15.1%	-1.5%	+10.1%

Capital returns

Buyback program · as of Jun 30, 2026

Authorized

$2.00B

Spent (derived)

$1.44B

Remaining

$564.80M

Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 1086222 CUSIP 00971T101 13F (30d) 22 filings 16 filers Visit website Investor relations

AKAM · Akamai Technologies Inc

Price & Indicators

Up next

Metrics snapshot

AI Brief

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance

Capital returns