Earnings were in-line, but the YoY decline in profitability and softer Q2 EPS guidance (midpoint $1.55 vs Q1 $1.61) may cap near-term upside. Watch for management commentary on AI-driven CIS growth trajectory and margin recovery.
Price Chart
Executive Summary
Akamai reported Q1 2026 revenue of $1.074B (+6% YoY) and non-GAAP EPS of $1.61, slightly above consensus of $1.60. However, GAAP EPS fell 13% YoY and non-GAAP EPS declined 5% YoY, while Q2 guidance implies a sequential EPS decline. Cloud Infrastructure Services revenue surged 40% YoY, and a $1.8B customer commitment was announced. Overall results are mixed, with growth in security and cloud offset by earnings pressure.
Key Financial Metrics
Key Facts
- Q1 2026 revenue: $1.074B, up 6% YoY (consensus ~$1.07B)
- Non-GAAP EPS: $1.61 vs consensus $1.60 (beat by 0.6%)
- GAAP EPS: $0.71, down 13% YoY; non-GAAP EPS down 5% YoY
- Cloud Infrastructure Services revenue $95M, up 40% YoY
- Security revenue $590M, up 11% YoY; Delivery revenue $389M, down 7% YoY
- Q2 2026 guidance: revenue $1.075B-$1.100B, non-GAAP EPS $1.45-$1.65
- Full-year 2026 guidance: revenue $4.445B-$4.550B, non-GAAP EPS $6.40-$7.15
- Announced $1.8B seven-year commitment from a leading frontier model provider for Cloud Infrastructure Services
Financial Impact
Revenue beat consensus by ~$4M (0.4%), EPS beat by $0.01 (0.6%), but non-GAAP net income declined 7% YoY and GAAP net income fell 14%.
Risk Factors
- GAAP net income down 14% YoY; non-GAAP operating margin contracted 4 points to 26%
- Delivery revenue continues to decline (-7% YoY)
- Q2 EPS guidance implies sequential decline from Q1 actual
- Heavy capex (19% of revenue) may pressure FCF
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3290507 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 21, 2026 10w ago | Institutional Cluster | $124.91 $115.20 | ▼ −7.77% | ▼ −10.34% | $106.93 (−14.39%) |
Jul 8, 2026 12w ago | Press Release | $126.57 $122.27 | ▼ −3.40% | ▼ −6.67% | $106.93 (−15.52%) |
Jul 2, 2026 13w ago | Press Release | $113.17 $113.75 | ▲ +0.51% | ▲ +0.93% | $106.93 (−5.51%) |
Jun 4, 2026 17w ago | Press Release | $158.98 $113.17 | ▼ −28.81% | ▼ −27.44% | $106.93 (−32.74%) |
Jun 3, 2026 17w ago | Press Release | $160.36 $113.17 | ▼ −29.43% | ▼ −28.43% | $106.93 (−33.32%) |
Jun 2, 2026 17w ago | Press Release | $160.32 $112.81 | ▼ −29.63% | ▼ −28.07% | $106.93 (−33.30%) |
May 22, 2026 18w ago | 8-K | $148.21 $120.33 | ▼ −18.81% | ▼ −16.86% | $106.93 (−27.85%) |
May 20, 2026 19w ago | 8-K | $143.55 $124.91 | ▼ −12.98% | ▼ −13.73% | $106.93 (−25.51%) |
May 14, 2026 20w ago | Press Release | $155.67 $133.50 | ▼ −14.24% | ▼ −13.38% | $106.93 (−31.31%) |
May 7, 2026 21w ago | Press Release | $147.71 $149.32 | ▲ +1.09% | ▲ +1.07% | $106.93 (−27.61%) |
US Market Status
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