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Sep 30, 2024
Akamai Q3 2024 Earnings Report
Akamai surpassed the billion-dollar quarterly revenue threshold, driven by momentum in security and cloud computing.
Key Takeaways
Akamai reported a solid third quarter with revenue of $1.005 billion, up 4% year-over-year. Security and compute revenue grew 17% year-over-year, representing 68% of total revenue. The company remains confident in the traction of new products and commitment to strong bottom-line performance.
Revenue was $1.005 billion, a 4% increase year-over-year.
Security revenue was $519 million, up 14% year-over-year.
Delivery revenue was $319 million, down 16% year-over-year.
Compute revenue was $167 million, up 28% year-over-year.
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
The Company reports the following financial guidance for the fourth quarter and full year 2024:
Revenue & Expenses
Visualization of income flow from segment revenue to net income