Akamai Technologies, Inc.

Overview

Akamai powers and protects online experiences by providing security, compute, and delivery solutions across a globally distributed edge network. The company offers AI infrastructure capabilities to support enterprise applications and provide real-time protections.

Core offerings

• Security

  • Web application and API security, bot management, DDoS protection, DNS security, and zero-trust/segmentation capabilities
  • Ongoing AI-focused security enhancements, including Firewall for AI and API security expansions via Neosec and Noname Security
  • Guardicore Platform for zero trust, microsegmentation, and related controls

• Cloud computing

  • Cloud infrastructure services for compute, storage, networking, and edge computing (EdgeWorkers)
  • Cloud-native tools, API acceleration, cloudlets, global traffic management, and NetStorage
  • Edge-first AI inference and deployment features via Akamai Inference Cloud (AIC)
  • Expanded edge compute capabilities through acquisitions such as Fermyon for WebAssembly-based serverless edge compute

• Delivery

  • Web and mobile performance optimization, global traffic management, site acceleration, and load balancing
  • Real-user monitoring and media delivery for video streaming, games/software distribution, and DNS
  • Focus on high performance, low latency, and global reach

Services and support

• Professional services and security expertise
• Premium and managed security offerings
• Dedicated technical account support and ongoing customer support

Global network and scale

• More than 4,300 edge points-of-presence across over 130 countries and about 700 cities
• Approximately 1,200 network partners
• Flexible, distributed workforce enabled by the FlexBase program and measured through the CLEAR Connections framework

Customers

• Notable customers include Adidas, Adobe, Aflac, Airbnb, Asus, Autodesk, Bank of Montreal, Carnival, Comcast, eBay, Electronic Arts, Fidelity Investments, Honda, Japan Airlines, Liberty Mutual, Maersk, Marriott, NBCUniversal, Philips, Spotify, Sony Interactive Entertainment, Ubisoft, WarnerMedia, The Washington Post, and many others
• Government and public sector customers include the U.S. Department of Defense, U.S. Department of Labor, U.S. Department of Transportation, and U.S. Department of the Treasury (as of December 31, 2025)
• No single customer accounted for 10% or more of total revenue in 2025, 2024, or 2023
• Less than 10% of total revenue was derived from government contracts or subcontracts terminable at the election of the federal government

People and locations

• More than 11,000 employees as of December 31, 2025
• Operations in more than 30 countries; approximately 65% of employees are located outside the U.S.; more than 100 nationalities represented
• Workforce composition (approximate): 37% engineering and R&D, 26% services and support, 17% sales and marketing, 20% administrative functions
• Headquarters: Cambridge, Massachusetts; leased approximately 659,000 square feet (about 285,000 square feet is subleased)
• Major international offices: Bangalore (India), Krakow (Poland), Tel Aviv (Israel)
• Broad adoption of flexible work arrangements and ongoing focus on workforce development and leadership capability

Financial snapshot

• Convertible senior notes outstanding:
  • $1,150.0 million due 2027
  • $1,265.0 million due 2029
  • $1,725.0 million due 2033
• Credit facilities:
  • $500.0 million revolving facility established in 2022, amended May 2025 to $1.0 billion, maturity November 22, 2028
  • A separate $150.0 million revolving facility opened January 2025
• As of December 31, 2025, there were no outstanding borrowings under the credit facilities

Intellectual property

• Owns or has exclusive rights to over 560 U.S. patents and corresponding patents in other countries
• U.S. patent terms range from 2026 to 2044
• Protection strategy includes patents, trademarks, trade secrets, copyrights, confidentiality agreements, and source-code restrictions

Strategic highlights

• Acquisitions and integrations to strengthen security, API, cloud, and edge capabilities:
  • Neosec (May 2023) for API discovery, audit, and threat monitoring
  • Noname Security (June 2024) to expand API security offerings
  • Earlier Linode integration for cloud compute and hosting capabilities
  • Fermyon Technologies (November 2025) to add serverless WebAssembly-based edge compute
• Product and platform launches:
  • Akamai Inference Cloud (AIC) launched in 2025 to extend AI inference from core data centers to the edge
  • App Platform launched in November 2024, built on Otomi (acquired from Red Kubes Holding), to simplify deployment and management of Kubernetes clusters at scale

Operational context and risks

• Operational context includes competitive dynamics, supply-chain and data-center capacity considerations, and regulatory and privacy risks that can affect planning and operations