Akamai

AKAM Q1 2025 Earnings

Reported May 8, 2025 at 4:04 PM ET · SEC Source

Q1 25 EPS

$1.70

BEAT +8.58%

Est. $1.57

Q1 25 Revenue

$1.02B

BEAT +0.40%

Est. $1.01B

vs S&P Since Q1 25

-4.0%

TRAILING MARKET

AKAM +23.7% vs S&P +27.7%

Market Reaction

Did AKAM Beat Earnings? Q1 2025 Results

Akamai Technologies delivered a clean beat to open 2025, posting first-quarter revenue of $1.02 billion, up 2.9% year-over-year, and non-GAAP EPS of $1.70, which cleared the $1.57 consensus estimate by 8.58%, as the company's ongoing pivot away from … Read more Akamai Technologies delivered a clean beat to open 2025, posting first-quarter revenue of $1.02 billion, up 2.9% year-over-year, and non-GAAP EPS of $1.70, which cleared the $1.57 consensus estimate by 8.58%, as the company's ongoing pivot away from its legacy delivery business continued to reshape its financial profile. The clearest driver behind the earnings strength was momentum in security and cloud computing, which together now account for 69% of total revenue and grew 10% combined year-over-year; security revenue reached $530.70 million, up 8%, while cloud computing climbed 14% to $165.46 million, more than offsetting a 9% structural decline in the legacy delivery segment. The company also completed the migration of customers acquired from bankrupt CDN firm Edgio, securing a $16 million commitment from those accounts over the next three years, adding a modest but tangible tailwind. Capital expenditures rose sharply to 22% of revenue as cloud infrastructure investment accelerated. Looking ahead, Akamai guided Q2 revenue of $1.01 billion to $1.03 billion and full-year 2025 revenue of $4.05 billion to $4.20 billion, with full-year non-GAAP EPS of $6.10 to $6.40.

Key Takeaways

  • Security and cloud computing revenue combined grew 10% YoY, representing 69% of total revenue
  • Strong momentum in segmentation, API security, and cloud solutions
  • Cloud computing grew 14% YoY (15% constant currency)
  • Security grew 8% YoY (10% constant currency)
24/7 Wall St

AKAM YoY Financials

Q1 2025 vs Q1 2024, source: SEC Filings

24/7 Wall St

AKAM Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q4 25
24/7 Wall St

AKAM Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 25 Q4 25

“Akamai delivered a solid start to the year with our results meeting or exceeding expectations. We were particularly pleased with the continued momentum of our fast-growing segmentation, API security and cloud solutions. Looking ahead, we remain focused on driving profitable growth that powers our transformation into a leading cybersecurity and cloud computing company.”

— Tom Leighton, Q1 2025 Earnings Press Release