Akamai

Cloud Platform

Akamai Technologies, founded in 1998 by Tom Leighton and Danny Lewin, is a publicly traded company (NASDAQ: AKAM) headquartered in Cambridge, Massachusetts.

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Akamai provides cloud computing, cybersecurity, and content delivery services through a globally distributed edge network.

Akamai Technologies, founded in 1998 by Tom Leighton and Danny Lewin, is a publicly traded company (NASDAQ: AKAM) headquartered in Cambridge, Massachusetts. Originally known for its content delivery network (CDN), Akamai has transformed into a cybersecurity and cloud computing firm. In fiscal year 2025, the company reported total revenue of $4.208 billion, a 5% increase year-over-year.

Security revenue reached $2.243 billion, up 10%, while Cloud Infrastructure Services (CIS) revenue hit $314 million, up 36%. The company's legacy Delivery business declined 5% to $1.257 billion. Akamai's product portfolio spans three main areas: security (including Guardicore Segmentation, API Security, and web application firewalls), cloud computing (including the Akamai Connected Cloud platform and the Linode acquisition), and content delivery.

In February 2026, Akamai announced its intent to acquire LayerX, a browser security company, to enforce AI usage control. The company is also pushing into AI inference with its Akamai Inference Cloud, targeting distributed AI workloads. Akamai serves a broad customer base, including enterprises in financial services, media, and e-commerce.

Notable customers include Harmonic, which moved its VOS360 cloud video workflows to Akamai Cloud. The company's market position is defined by its distributed edge network, which it claims is the world's most distributed cloud platform. However, it faces intense competition from hyperscalers like AWS, Azure, and Google Cloud, as well as from CDN rivals like Cloudflare and Fastly. Akamai's GAAP net income per diluted share for 2025 was $3.07, down 6% year-over-year, while non-GAAP net income per diluted share was $7.12, up 10%.

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Products by Akamai

Who buys this

  • Large enterprises in financial services (e.g., banks) needing API security and DDoS protection
  • Media and entertainment companies requiring low-latency content delivery and streaming
  • E-commerce platforms seeking secure and reliable web application performance
  • Technology companies deploying AI inference workloads at the edge
  • Government and defense organizations needing business continuity during geopolitical cyberattacks

Publicly disclosed clients

  • Harmonic

Strengths and what to watch

Strengths

  • Massive global edge network with over 4,100 points of presence across 135 countries, enabling low-latency content delivery and security
  • Rapid growth in Cloud Infrastructure Services (CIS) revenue, up 36% year-over-year in 2025, driven by AI inference demand
  • Strong security revenue growth of 10% in 2025, with Guardicore Segmentation and API Security revenue up 43%

Watch for

  • Legacy Delivery revenue declining 5% year-over-year in 2025, indicating structural headwinds as customers shift to cloud-native alternatives
  • GAAP net income per share fell 6% in 2025, suggesting margin pressure from investments in cloud and AI infrastructure
  • Integration risks from recent acquisitions (Noname Security for $450M in 2024, LayerX in 2026) and ability to compete with hyperscalers in cloud computing

Recent moves

Key Information

Industry
Cloud Platform
Founded
1998
Employees
10528
Headquarters
Cambridge, Massachusetts
Country
United States

Frequently Asked Questions

What does Akamai do?

Akamai provides cloud computing, cybersecurity, and content delivery services through a globally distributed edge network. It helps enterprises protect applications, accelerate content, and run AI workloads closer to users.

How much revenue did Akamai make in 2025?

Akamai reported total revenue of $4.208 billion for fiscal year 2025, a 5% increase year-over-year. Security revenue grew 10% to $2.243 billion, while Cloud Infrastructure Services revenue jumped 36% to $314 million.

What are Akamai's main security products?

Akamai's security portfolio includes Guardicore Segmentation, API Security, and web application firewalls. In 2025, Guardicore Segmentation and API Security revenue grew 43%, contributing to overall security revenue of $2.243 billion.

Is Akamai's content delivery business still growing?

No, Akamai's legacy Delivery business declined 5% year-over-year in 2025 to $1.257 billion. This reflects structural headwinds as customers shift to cloud-native alternatives, though Akamai still operates over 4,100 points of presence globally.

What is Akamai's AI Inference Cloud?

Akamai's AI Inference Cloud targets distributed AI workloads, enabling inference at the edge. This initiative is part of Akamai's push into cloud computing, which saw Cloud Infrastructure Services revenue grow 36% in 2025.

Who are Akamai's main competitors?

Akamai faces intense competition from hyperscalers like AWS, Azure, and Google Cloud, as well as CDN rivals like Cloudflare and Fastly. Its distributed edge network is a key differentiator, but it must compete on cloud and security offerings.

Sources

  1. www.ir.akamai.com — FY2025 revenue of $4.208B, Security revenue $2.243B, CIS revenue $314M, Delivery revenue $1.257B, GAAP EPS $3.07, non-GAAP EPS $7.12
  2. www.ir.akamai.com — Q1 2026 earnings call and supplemental financial data
  3. www.akamai.com — Product portfolio overview, LayerX acquisition announcement, Harmonic customer story, AI Inference Cloud, and API Security Study
  4. techcrunch.com — Confirmation of Noname Security acquisition for $450M
  5. techcrunch.com — Akamai Connected Cloud launch and Linode acquisition context