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Jun 30, 2022
Akamai Q2 2022 Earnings Report
Akamai's Q2 2022 financial performance reflected solid results amidst a challenging macro-economic environment, driven by strong growth in security and compute product groups.
Key Takeaways
Akamai Technologies reported a 6% year-over-year increase in revenue, reaching $903 million in the second quarter of 2022. The growth was primarily driven by the security and compute product groups, which grew 26% year-over-year and represented 54% of total revenue. GAAP EPS was $0.74, and non-GAAP EPS was $1.35.
Second quarter revenue reached $903 million, a 6% increase year-over-year (9% when adjusted for foreign exchange).
Security and compute revenue grew 26% year-over-year (30% when adjusted for foreign exchange), representing 54% of total revenue.
GAAP EPS was $0.74, a 21% decrease year-over-year (15% when adjusted for foreign exchange). Non-GAAP EPS was $1.35, a 5% decrease year-over-year (flat when adjusted for foreign exchange).
Akamai spent $165 million to repurchase 1.6 million shares of its common stock.
Akamai
Akamai
Akamai Revenue by Segment
Akamai Revenue by Geographic Location
Revenue by Segment
Security Revenue
CapyFin.comDelivery Revenue
CapyFin.comRevenue by Geographic Location
U.S. Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
No specific forward guidance was provided in the release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income