Business
AKAMAI REPORTS FIRST QUARTER 2025 FINANCIAL RESULTS
First quarter revenue of $1.015 billion, up 3% year-over-year and up 4% when adjusted for foreign exchange* Security and cloud computing revenue represented
About this update from Akamai Technologies, Inc.
[{"type":"text","content":"First quarter revenue of $1.015 billion, up 3% year-over-year and up 4% when adjusted for foreign exchange*\nSecurity and cloud computing revenue represented 69% of total revenue in the first quarter and combined grew 10% year-over-year and 11% when adjusted for foreign exchange*\nGAAP net income per diluted share of $0.82, down 26% year-over-year and down 23% when adjusted for foreign exchange*, and non-GAAP net income per diluted share* of $1.70, up 4% year-over-year and up 6% when adjusted for foreign exchange*\nCAMBRIDGE, Mass., May 8, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, today reported financial results for the first quarter ended March 31, 2025.\n\n \n \n \n \n \n \n\n \n\"Akamai delivered a solid start to the year with our results meeting or exceeding expectations,\" said Dr. Tom Leighton, Akamai's Chief Executive Officer. \"We were particularly pleased with the continued momentum of our fast-growing segmentation, API security and cloud solutions. Looking ahead, we remain focused on driving profitable growth that powers our transformation into a leading cybersecurity and cloud computing company.\"\nAkamai delivered the following results for the first quarter ended March 31, 2025:\nRevenue: Revenue was $1.015 billion, a 3% increase over first quarter 2024 revenue of $987 million and a 4% increase when adjusted for foreign exchange.*\nRevenue by solution:\nSecurity revenue was $531 million, up 8% year-over-year and up 10% when adjusted for foreign exchange*Delivery revenue was $319 million, down 9% year-over-year and down 8% when adjusted for foreign exchange*Cloud computing revenue was $165 million, up 14% year-over-year and up 15% when adjusted for foreign exchange*Revenue by geography:\nU.S. revenue was $529 million, up 3% year-over-yearInternational revenue was $486 million, up 2% year-over-year and up 5% when adjusted for foreign exchange*Income from operations: GAAP income from operations was $155 million, a 7% decrease from first quarter 2024. GAAP operating margin for the first quarter was 15%, down 2 percentage points from the same period last year.\nNon-GAAP income from operations* was $307 million, up 5% from first quarter 2024. Non-GAAP operating margin* for the first quarter was 30%, flat from the s...