Full-Time
Edge-based CDN and security solutions
$228.6k - $411.4k/yr
United States
In Person
Bachelor's
See people who can refer or advise you
Akamai Technologies provides cloud and internet services that help organizations deliver and secure digital content at scale through an intelligent edge platform. This platform sits at the edge of the network, processing and securing data near end users via globally distributed edge nodes, and it offers content delivery networks (CDNs), cloud security, and web performance optimization on subscription- and usage-based plans, plus professional services. It distinguishes itself with a strong focus on edge computing and a vast network that pushes processing closer to users across multi-cloud environments, delivering faster load times and stronger protection against threats. Its goal is to help customers improve web and application performance, reliability, and security across diverse digital experiences in multi-cloud contexts.
Company Size
10,001+
Company Stage
IPO
Headquarters
Cambridge, Massachusetts
Founded
1998
See people who can refer or advise you
Help us improve and share your feedback! Did you find this helpful?
Health Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Sick Leave
Parental Leave
Flexible Work Hours
Remote Work Options
Mental Health Support
HSBC has downgraded Akamai Technologies to Hold from Buy and slashed its target price to $123 from $171, citing weaker cloud infrastructure margins and slower long-term growth prospects. The bank cut its 2026 non-GAAP operating profit estimate to $1.144 billion from $1.169 billion and lowered 2027-28 EPS forecasts by 3% to 8%. HSBC now expects Akamai's EPS to grow at an 8.5% compound annual rate from 2026 through 2028, below its 10%-15% forecast for the broader sector. Akamai reported second-quarter revenue of $1.10 billion, up 5.4% year-on-year. However, non-GAAP operating margin fell to 24.6% from 29.6% a year earlier, whilst non-GAAP EPS declined 8.1% to $1.59. HSBC expects Akamai to maintain elevated capital spending, with capex averaging 36% of revenue from 2026 through 2028.
Akamai Technologies secured more than $2.8 billion in multiyear cloud-infrastructure contracts during 2026, but the stock fell 5.5% on Friday as investors focused on weakening profitability. Revenue grew 5% year over year to $1.10 billion. Cloud infrastructure revenue surged 39% to $99 million, while security revenue rose 10% to $604 million. However, the legacy delivery and cloud-applications segment declined 6% to $396 million. GAAP operating income dropped 47% to $80 million, pushing operating margin down to 7%. The company spent $410 million on share buybacks at an average price of $134.54 per share, exceeding its $326 million quarterly operating cash flow. Management guided third-quarter revenue to $1.105 billion-$1.130 billion.
Akamai Technologies has launched Akamai Workforce Protector, formerly known as LayerX, a security platform designed for the AI era. The solution secures employee interactions with AI, SaaS, web and private applications in real time, directly at the point of interaction. The platform offers several key capabilities. It provides real-time AI governance to discover "shadow AI" usage and enforce policies within browser sessions. It enables zero-disruption deployment without requiring users to switch browsers or organisations to redesign network architecture. The system also prevents data loss by stopping sensitive information from being uploaded to unauthorised AI models. Workforce Protector integrates with Akamai's existing security infrastructure, which already secures applications, APIs and infrastructure. The platform extends visibility into modern desktop AI applications and emerging AI workflows.
Akamai Technologies reported second-quarter 2026 results that beat analyst estimates, with revenues reaching $1.1 billion, up 5% year-over-year. The company's adjusted earnings per share came in at $1.59, surpassing the Zacks Consensus Estimate of $1.58. Revenue growth was driven by strong demand for AI-driven and cybersecurity offerings. The Security Technology Group generated $604.4 million, whilst Cloud Infrastructure Services grew 39% year-over-year to $99.3 million, reflecting increased GPU deployments. However, GAAP net income fell to $79.4 million from $103.6 million in the prior-year quarter. Significant investments in GPUs, colocation, and cloud infrastructure weighed on profitability. Non-GAAP income from operations decreased to $270.7 million from $308.6 million year-over-year due to higher operating expenses.
Akamai Technologies reported Q2 2026 revenue of $1.1 billion, up 5.4% year-over-year, exceeding the consensus estimate of $1.09 billion by 0.71%. EPS came in at $1.59, down from $1.73 in the prior-year quarter but beating the $1.58 estimate by 0.63%. Security revenue rose 9.5% to $604.44 million, whilst delivery and other cloud applications grew 23.7% to $395.93 million. However, cloud infrastructure services revenue fell 42.1% to $99.32 million. International revenue reached $549.26 million, up 6.5%, whilst US revenue increased 4.3% to $550.43 million. Shares have declined 3.4% over the past month. The company currently holds a Zacks Rank #3 (Hold).