Q1 26 EPS
$1.61
Q1 26 Revenue
$1.07B
BEAT +0.08%
Est. $1.07B
vs S&P Since Q1 26
+31.0%
BEATING MARKET
AKAM +31.0% vs S&P 0.0%
Market Reaction
Did AKAM Beat Earnings? Q1 2026 Results
Akamai Technologies posted a modest but clean beat in Q1 2026, delivering non-GAAP EPS of $1.61 against a consensus of $1.60, extending its streak of beating analyst EPS estimates to four consecutive quarters, while revenue of $1.07 billion edged ahe… Read more Akamai Technologies posted a modest but clean beat in Q1 2026, delivering non-GAAP EPS of $1.61 against a consensus of $1.60, extending its streak of beating analyst EPS estimates to four consecutive quarters, while revenue of $1.07 billion edged ahead of expectations and grew 5.8% year over year. The headline story behind the quarter was a $1.80 billion, seven-year commitment from a leading U.S.-based frontier AI model provider for Akamai's Cloud Infrastructure Services, which saw revenue surge 40% year over year to $94.61 million and signals the company's deepening role in AI infrastructure buildout. Security revenue also advanced 11% to $589.79 million, helping offset a 7% decline in the legacy delivery segment. Margin pressure remained a theme, with non-GAAP operating margin compressing to 26% from 30% a year earlier, reflecting heavy capital investment. Guidance for Q2 calls for revenue of $1.07 billion to $1.10 billion and non-GAAP EPS of $1.45 to $1.65, with full-year 2026 revenue projected at $4.45 billion to $4.55 billion, as a challenging macro environment and cautious enterprise spending temper the near-term outlook.
Key Takeaways
- • Cloud Infrastructure Services revenue grew 40% year-over-year, driven by AI infrastructure demand
- • Security revenue grew 11% year-over-year, benefiting from enterprise demand amid AI evolution
- • International revenue grew 9% year-over-year
- • Delivery and other cloud applications revenue declined 7% year-over-year
AKAM Forward Guidance & Outlook
For Q2 2026, Akamai expects revenue of $1.075 billion to $1.100 billion, non-GAAP operating margin of 25%-26%, and non-GAAP EPS of $1.45-$1.65 on approximately 146 million diluted shares. For full-year 2026, the company guides revenue of $4.445 billion to $4.550 billion, non-GAAP operating margin of 26%, non-GAAP EPS of $6.40-$7.15 on approximately 147 million diluted shares, and a non-GAAP tax rate of 18.5%.
AKAM YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
AKAM Revenue by Segment
With YoY comparisons, source: SEC Filings
AKAM Revenue by Geography
With YoY comparisons, source: SEC Filings
“Akamai delivered a strong start to 2026, highlighted by a 40% year-over-year increase in Cloud Infrastructure Services (CIS) revenue and security growth of 11%.”
— Tom Leighton, Q1 2026 Earnings Press Release
AKAM Earnings Trends
AKAM vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
AKAM EPS Trend
Earnings per share: estimate vs actual
AKAM Revenue Trend
Quarterly revenue: estimate vs actual
AKAM Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $1.61 | — | $1.07B | +0.08% |
| Q4 25 BEAT FY | $1.75 | $1.84 | +5.14% | $1.09B | +1.65% |
| FY Full Year | $7.04 | $7.12 | +1.12% | $4.21B | +0.42% |
| Q3 25 BEAT | $1.64 | $1.86 | +13.71% | $1.05B | +1.03% |
| Q2 25 BEAT | $1.53 | $1.73 | +13.18% | $1.04B | +2.23% |
| Q1 25 BEAT | $1.57 | $1.70 | +8.58% | $1.02B | +0.40% |