Akamai Technologies Inc
Q4 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: −5.26%.
Did AKAM Beat Earnings? Q4 2025 Results
Akamai Technologies closed out fiscal 2025 on a strong note, delivering a fourth-quarter beat on both revenue and earnings as its cloud and security businesses continued to shoulder more of the company's growth story. Non-GAAP EPS came in at $1.84, ahead of the $1.75 consensus estimate by 5.14%, while revenue of $1.09 billion grew 7.3% year-over-year and edged past the $1.08 billion Wall Street had expected. The primary engine behind the quarter was Cloud Infrastructure Services, which surged 45% year-over-year to $94 million, fueled by growing customer adoption of the Akamai Inference Cloud and rising demand for AI workloads, a trend underscored by a recently announced four-year, $200 million AI compute agreement with a major U.S. tech company. Security revenue also contributed meaningfully, climbing 11% to $592.36 million. Looking ahead, Akamai guided full-year 2026 revenue of $4.40 billion to $4.55 billion, with non-GAAP EPS of $6.20 to $7.20, reflecting continued investment in cloud infrastructure expansion.
- Cloud Infrastructure Services revenue grew 45% YoY driven by customer interest in Akamai Inference Cloud and AI workloads
- Guardicore Segmentation and API Security revenue grew 36% YoY
- Security revenue grew 11% YoY to $592M, representing over half of total revenue
- International revenue grew 11% YoY (8% constant currency)
- Non-GAAP operating margin held steady at 29% in Q4 and expanded to 30% for full year
“Akamai delivered strong year-end performance, with better-than-expected results on the top and bottom lines. We were particularly pleased to achieve 36% year-over-year revenue growth in Q4 across our Guardicore Segmentation and API Security products, and 45% year-over-year revenue growth for Cloud Infrastructure Services (CIS).”
Akamai CEO, on the earnings call
Forward Guidance & Outlook
For Q1 2026, Akamai guided revenue of $1,060M to $1,085M, non-GAAP operating margin of 26-27%, non-GAAP EPS of $1.50 to $1.67, and capex as a percentage of revenue of 23-25%. For full-year 2026, the company guided revenue of $4,400M to $4,550M, non-GAAP operating margin of 26-28%, non-GAAP EPS of $6.20 to $7.20, non-GAAP tax rate of 19%, and capex as a percentage of revenue of 23-26%. The company expects Cloud Infrastructure Services growth to benefit from strong customer interest in its new Akamai Inference Cloud and the overall growth of AI applications and agents.
AKAM YoY Financials
AKAM Revenue by Segment
AKAM Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.