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Mar 31, 2022
Akamai Q1 2022 Earnings Report
Akamai's Q1 2022 financial results were reported, showing revenue growth and strong performance in Security and Compute product groups.
Key Takeaways
Akamai reported Q1 2022 revenue of $904 million, a 7% year-over-year increase. Security and Compute revenues drove growth, increasing 25% year-over-year. GAAP EPS was $0.73, and non-GAAP EPS was $1.39.
First quarter revenue reached $904 million, up 7% year-over-year.
Security and Compute revenue grew 25% year-over-year, representing the majority of total revenue.
Security revenue was $382 million, a 23% increase year-over-year.
GAAP EPS was $0.73, down 22% year-over-year, while non-GAAP EPS was $1.39, up 1% year-over-year.
Akamai
Akamai
Akamai Revenue by Segment
Akamai Revenue by Geographic Location
Forward Guidance
Akamai delivered results in line with Q1 guidance.