Akamai posts Q3 2026 results and trims FY 2026 outlook while forecasting 17‑22% revenue growth in 2027
Akamai Technologies reported third‑quarter 2026 revenue of $1.122 billion, up 6% year‑over‑year on a reported basis and 7% in constant currency. Security revenue rose 9% YoY to $622 million, cloud‑infrastructure services grew 34% YoY to $109 million, and delivery revenue fell 3% YoY to $391 million. The company lowered its full‑year 2026 revenue guidance to $4.44 billion‑$4.465 billion and non‑GAAP EPS guidance to $6.47‑$6.68, but projected 2027 total revenue growth of 17%‑22% YoY when adjusted for foreign‑exchange and CIS revenue of $1.1‑$1.3 billion.
Why it matters
The weaker FY 2026 guidance caused Akamai shares to drop about 4%‑5% in after‑hours trading, reflecting investor concern over near‑term revenue and earnings shortfalls. However, the 2027 growth outlook signals potential upside if the projected foreign‑exchange‑adjusted revenue expansion materialises.
Key facts
- 1Q3 2026 revenue was $1.122 billion, up 6% YoY on a reported basis and 7% in constant currency. finance.yahoo.com
- 2Security revenue was $622 million, up 9% YoY on a reported basis. finance.yahoo.com
- 3Cloud‑infrastructure services revenue was $109 million, up 34% YoY on a reported basis. finance.yahoo.com
- 4Delivery and other cloud applications revenue was $391 million, down 3% YoY on a reported basis. finance.yahoo.com
- 5Q4 2026 revenue guidance is $1.145 billion‑$1.170 billion (reported basis). finance.yahoo.com
- 6Q4 2026 non‑GAAP EPS guidance is $1.50‑$1.70 per share. finance.yahoo.com
Summary written by AlphAI AI Desk from 7 of 7 sources. Not investment advice. Figures are as stated by the linked sources.