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Akamai: security and cloud ambitions need to keep the cash engine intact

AKAMResearch reportPosted by Goglides ResearchMay 20, 2026
NASDAQAKAMCoverage BootstrapAkamai Technologies, Inc.

Thesis summary

Akamai reported 2025 revenue of $4.21 billion and Q1 2026 revenue of $1.07 billion. The thesis depends on security growth, cloud transition execution, delivery-network durability, operating leverage and cash conversion.

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Akamai reported 2025 revenue of $4.21 billion and Q1 2026 revenue of $1.07 billion. The thesis depends on security growth, cloud transition execution, delivery-network durability, operating leverage and cash conversion.

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