Revenue Growth
Akamai reported revenue of $1.043 billion, up 7% year-over-year as reported and 6% in constant currency. Non-GAAP earnings per share were $1.73, up 9% year-over-year and $0.15 above the high end of guidance.
Cloud Infrastructure Services (CIS) Surge
CIS revenue grew to $71 million, marking a 30% year-over-year increase. The company expects further acceleration, projecting 40% to 45% CIS ARR growth by year's end.
Security Revenue Increase
Security revenue reached $552 million, up 11% year-over-year. API security and Zero Trust enterprise security combined revenue was $67 million, up 48% year-over-year.
Strong International Revenue
International revenue was $516 million, up 10% year-over-year, representing 49% of total revenue.
Large Contract Wins
Akamai signed several large contracts, including a 3-year $16 million agreement with a leading AI company and a 2-year $28 million deal with a major travel company.