Akamai

AKAM Q2 2025 Earnings

Reported Aug 7, 2025 at 4:07 PM ET · SEC Source

Q2 25 EPS

$1.73

BEAT +13.18%

Est. $1.53

Q2 25 Revenue

$1.04B

BEAT +2.23%

Est. $1.02B

vs S&P Since Q2 25

+21.8%

BEATING MARKET

AKAM +34.9% vs S&P +13.1%

Market Reaction

Did AKAM Beat Earnings? Q2 2025 Results

Akamai Technologies delivered a strong second quarter, posting non-GAAP EPS of $1.73 against a consensus estimate of $1.53, a beat of 13.18%, while revenue of $1.04 billion topped expectations by 2.23% and grew 6.5% year over year. The standout drive… Read more Akamai Technologies delivered a strong second quarter, posting non-GAAP EPS of $1.73 against a consensus estimate of $1.53, a beat of 13.18%, while revenue of $1.04 billion topped expectations by 2.23% and grew 6.5% year over year. The standout driver was the company's ongoing pivot away from its legacy delivery business, with Security solutions climbing 11% to $551.91 million and Cloud Infrastructure Services surging 30% to $71.00 million, a growth rate management expects to accelerate through the rest of 2025. GAAP net income fell 21% to $103.62 million, pressured by higher stock-based compensation, amortization, and a rising tax rate, though non-GAAP operating margin still expanded one point to 30%. The quarter also featured aggressive capital allocation, with $300 million in share repurchases alongside a significant convertible note refinancing that lifted total convertible debt to $4.10 billion. Akamai raised its full-year revenue outlook to $4.13 billion to $4.21 billion and non-GAAP EPS guidance to $6.60 to $6.80, with management pointing to AI-driven demand as a meaningful tailwind heading into the back half of the year.

Key Takeaways

  • Security solutions revenue grew 11% YoY to $552 million
  • Cloud Infrastructure Services grew 30% YoY to $71 million
  • Cloud computing revenue grew 13% YoY to $171 million
  • Non-GAAP operating margin expanded to 30%, up 1 percentage point YoY
  • International revenue grew 10% YoY to $516 million
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AKAM YoY Financials

Q2 2025 vs Q2 2024, source: SEC Filings

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AKAM Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q4 25
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AKAM Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 25 Q4 25

“Akamai reported excellent results in the second quarter, highlighted by outperformance in both revenue and profitability. Building on our solid momentum from the first two quarters, we are increasing our guidance for revenue and earnings for the remainder of the year, while continuing to invest in key growth areas of security and cloud computing. These investments are paying off — our Cloud Infrastructure Services grew 30% year-over-year — and we expect that rate to accelerate through the remainder of the year.”

— Tom Leighton, Q2 2025 Earnings Press Release