Form 10-Q · Quarterly report
Akamai Technologies 10-Q, filed Nov 6, 2026
- Filed
- CIK
- 0001086222
- Accession no.
- 0001086222-26-000100
Summary
Akamai Technologies entered several large multi-year cloud infrastructure services arrangements in 2026 totaling more than $14 billion in the aggregate, including with customers building, deploying, and operating AI workloads on its platform. The company expects revenue from these commitments to begin being recognized in the fourth quarter of 2026 and to accelerate in 2027, with anticipated capacity fully operational by the end of 2028, while warning that co-location, server, and memory costs are rising amid competition from hyperscalers.
Key points
- Akamai expects revenue from these cloud infrastructure commitments to begin being recognized in the fourth quarter of 2026, accelerate in 2027, and for the associated capacity to be fully operational by the end of 2028.
- Security solutions, led by application security and microsegmentation, continue to contribute a large portion of revenue, with planned investment in AI applications for security products.
- Delivery revenue growth remains moderated as customers in media and gaming optimize traffic amid macroeconomic and geopolitical headwinds, a trend Akamai expects to continue for the remainder of 2026.
- Akamai expects significantly higher co-location costs and server and memory costs driven by competition for data center space and market dynamics tied to hyperscalers, increasing future capital expenditures and depreciation.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Overview We develop and provide solutions to power and protect an AI-driven world through our massively distributed global infrastructure, which underpins our security, delivery and other cloud applications and cloud infrastructure services solutions, and is central to our financial success. Together, these solutions are positioned to benefit from the rapid evolution of AI. The key factors that influence our financial success include our ability to build on recurring revenue commitments across our product portfolios and increase traffic on our network. …
An excerpt of the text as filed with the SEC, cut for length.
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