Earnings ·
Akamai Technologies reported second quarter fiscal 2026 results ending June 30, 2026
AKAMAkamai Technologies Inc
Akamai Technologies reported second quarter fiscal 2026 results ending June 30, 2026. Total revenue was $1.1 billion, a 5% increase year-over-year. Security revenue grew 10% to $604 million, while Cloud Infrastructure Services surged 39% to $99 million. GAAP diluted EPS declined 27% to $0.52, and non-GAAP diluted EPS fell 8% to $1.59. The company provided Q3 revenue guidance of $1.105–$1.13 billion and full-year non-GAAP EPS guidance of $6.40–$7.05. Akamai also announced a new multi-year contract with a U.S.-based technology customer worth over $600 million for cloud infrastructure services. The company repurchased 3 million shares for $410 million during the quarter and holds $4.6 billion in cash, equivalents, and marketable securities. Akamai Technologies operates in the cybersecurity and cloud computing industry.