Akamai Technologies ( (AKAM) ) has released its Q1 earnings. Here is a breakdown of the information Akamai Technologies presented to its investors.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Akamai Technologies is a leading company in the cybersecurity and cloud computing sector, known for its comprehensive solutions that protect and enhance online business operations. In its first-quarter 2025 earnings report, Akamai Technologies reported a revenue of $1.015 billion, marking a 3% increase from the previous year. The company’s security and cloud computing segments, which together accounted for 69% of total revenue, showed significant growth, with security revenue up by 8% and cloud computing revenue up by 14% year-over-year.
Key financial metrics from the report include a GAAP net income per diluted share of $0.82, representing a 26% decrease year-over-year, while the non-GAAP net income per diluted share increased by 4% to $1.70. The company also reported a non-GAAP income from operations of $307 million, a 5% increase from the previous year. Akamai’s adjusted EBITDA was $441 million, reflecting a 6% increase from the first quarter of 2024.
Akamai’s strategic focus on its security and cloud solutions has continued to drive its growth, despite a 9% decline in delivery revenue. The company also invested $500 million in share repurchases during the quarter, indicating confidence in its ongoing financial health and future prospects.
Looking ahead, Akamai remains committed to its transformation into a leading cybersecurity and cloud computing company, with a focus on driving profitable growth. The company has provided financial guidance for the second quarter and full year 2025, projecting continued revenue growth and stable non-GAAP operating margins.