How does Akamai Technologies (AKAM) stand ahead of its 5 November results?

Sonal Goyal

28 October 2026 05:00 PM AEDT

How does Akamai Technologies (AKAM) stand ahead of its 5 November results?

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Key Highlights

Akamai will report third-quarter 2026 results on Thursday 5 November 2026, with a call at 4:30 pm Eastern Time.
Second-quarter Revenue was $1.100 billion, up 5%, with security revenue up 10% and cloud infrastructure services revenue up 39%.
Third-quarter guidance is revenue of $1.105 billion to $1.130 billion and non-GAAP Earnings Per Share of $1.60 to $1.80.

The reporting calendar

Akamai Technologies (NASDAQ:AKAM) has issued no new results since 6 August 2026. On 8 October it announced that it will report third-quarter results on Thursday 5 November 2026, with a call at 4:30 pm Eastern Time. Until then, the second-quarter results are the most recent reported figures.

Over the second quarter the company repurchased 3 million shares at an average price of $134.54.

What the second quarter showed

For the quarter ended 30 June 2026, revenue was $1.100 billion, up 5% on a year earlier. The mix matters more than the total. Security revenue rose 10% to $604.4 million, and cloud infrastructure services revenue, the release's term for compute, climbed 39% to $99.3 million. Delivery and other cloud applications revenue fell 6% to $395.9 million.

Profit moved the other way. GAAP Net Income fell 23% to $79.4 million, or $0.52 per diluted share. Non-GAAP earnings per share were $1.59, down 8%, on a non-GAAP Operating Margin of 25%. Revenue growth is therefore coming from newer lines while the older delivery Business shrinks and earnings per share decline. Operating margins of 7% on a GAAP basis and 25% non-GAAP show the size of the gap between the two measures, reflecting the adjustments the company excludes.

Balance sheet and Capital allocation

The company ended June with $4.616 billion of cash and marketable securities across current and non-current holdings. Against that sits roughly $7.56 billion of convertible senior notes, of which about $1.71 billion is classed as current. During the second quarter Akamai raised $3.45 billion in net proceeds from new convertible notes and spent $409.9 million on buybacks.

The release does not explain the use of every dollar, so the deployment of the proceeds should not be assumed beyond what the filing states. The cash position exceeds current convertible obligations, but the total Debt load remains a feature to monitor.

Company guidance

Management's third-quarter guidance, which is a company expectation rather than a result, is revenue of $1.105 billion to $1.130 billion, a non-GAAP operating margin of 24% to 26% and non-GAAP earnings per share of $1.60 to $1.80. For the full year 2026 it guides to revenue of $4.445 billion to $4.530 billion and non-GAAP earnings per share of $6.40 to $7.05.

Guidance can also be revised at any reporting date.

What to watch on 5 November

Several points will be visible in the third-quarter release. First, whether security growth stays near the 10% reported in the second quarter. Second, whether cloud infrastructure services keeps expanding at a pace near 39% from a still modest base of $99.3 million. Third, whether the decline in delivery revenue narrows or widens from 6%.

Margins, given the gap between GAAP and non-GAAP profit, and any further changes in convertible debt or repurchases are also points to watch. Results will appear on the company's Investor relations page.

FAQs

Q: When will Akamai report third-quarter 2026 results?

A: Akamai will report on Thursday 5 November 2026, with a conference call at 4:30 pm Eastern Time.

Q: How did Akamai's business lines perform in the second quarter?

A: Total revenue was $1.100 billion, up 5%. Security revenue rose 10% to $604.4 million and cloud infrastructure services rose 39% to $99.3 million, while delivery and other cloud applications fell 6% to $395.9 million.

Q: What is Akamai's third-quarter guidance?

A: The company guides to revenue of $1.105 billion to $1.130 billion, a non-GAAP operating margin of 24% to 26% and non-GAAP earnings per share of $1.60 to $1.80.

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