NASDAQ$AKAM
Akamai Technologies · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported strong top and bottom line results, powered by the growth of Security and Media solutions and operational excellence.
Akamai reported Q2 2020 financial results with revenue of $795 million, up 13% year-over-year. GAAP EPS was $0.98, up 42% year-over-year, and non-GAAP EPS was $1.38, up 29% year-over-year. The company's performance was driven by strong growth in Security and Media solutions.
- Second quarter revenue of $795 million, up 13% year-over-year and up 14% when adjusted for foreign exchange.
- Cloud Security Solutions revenue grew 27% year-over-year and 28% when adjusted for foreign exchange.
- GAAP EPS of $0.98, up 42% year-over-year, and non-GAAP EPS of $1.38, up 29% year-over-year.
- Akamai spent $27 million in the second quarter of 2020 to repurchase 0.3 million shares of its common stock at an average price of $100.64 per share.
Headline financials
Revenue & EPS history
Akamai · Revenue · Quarterly
$795M
Revenue by segment
Akamai · $649M total across 2 segments · Q2 2020
- Delivery Revenue$390M+19.1%60.1%
- Security Revenue$259M+26.5%39.9%
Forward guidance
This report does not contain forward guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
-0.1%
Avg return
Earnings day
-0.6%
Avg return
5 days after
-0.5%
Avg return
30 days after
56%
40 / 71 earnings
Positive
+23.4%
Q2 2012
Best reaction
-21.7%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.8% | +4.8% | -4.5% | |
| Q4 2025 | -13.5% | +37.2% | +27.9% | |
| Q3 2025 | +14.7% | +23.4% | +14.4% | |
| Q1 2025 | -10.6% | -9.3% | -9.8% | |
| Q4 2024 | -21.7% | -18.8% | -17.3% | |
| Q3 2024 | -14.6% | -14.0% | -6.4% | |
| Q2 2024 | +9.6% | +9.0% | +4.2% | |
| Q1 2024 | -10.7% | -8.8% | -12.7% | |
| Q4 2023 | -10.4% | -14.8% | -15.0% | |
| Q3 2023 | +2.0% | +2.1% | +6.0% | |
| Q2 2023 | +8.0% | +9.5% | +9.2% | |
| Q1 2023 | +7.8% | +7.5% | +16.7% | |
| Q4 2022 | -10.6% | -12.1% | -17.6% | |
| Q3 2022 | +6.2% | +11.3% | +7.2% | |
| Q2 2022 | -0.4% | -0.4% | -6.4% | |
| Q1 2022 | -8.5% | -15.1% | -8.5% | |
| Q4 2021 | -5.2% | -9.3% | +4.1% | |
| Q3 2021 | +5.2% | +1.8% | +5.3% | |
| Q2 2021 | -5.5% | -3.6% | -5.0% | |
| Q1 2021 | +1.4% | +3.5% | +7.0% | |
| Q4 2020 | -10.4% | -13.4% | -17.3% | |
| Q3 2020 | -8.2% | -10.3% | -2.2% | |
| Q2 2020 | -3.5% | -1.9% | -0.5% | |
| Q1 2020 | -5.0% | -7.0% | -0.2% | |
| Q4 2019 | +1.8% | +4.1% | -16.4% | |
| Q3 2019 | -1.4% | -1.9% | -2.1% | |
| Q2 2019 | +5.5% | +5.7% | +7.0% | |
| Q1 2019 | +2.1% | +0.9% | -3.2% | |
| Q4 2018 | +2.7% | +2.3% | +6.1% | |
| Q3 2018 | +17.1% | +15.8% | +12.3% | |
| Q2 2018 | -4.9% | -0.9% | -0.8% | |
| Q1 2018 | -0.4% | +1.3% | +7.0% | |
| Q4 2017 | +2.7% | +2.1% | +19.5% | |
| Q3 2017 | +4.9% | +3.0% | +8.2% | |
| Q2 2017 | -13.1% | -10.5% | -13.6% | |
| Q1 2017 | -14.1% | -15.2% | -21.4% | |
| Q4 2016 | -8.8% | -8.3% | -7.9% | |
| Q3 2016 | +15.1% | +18.8% | +13.0% | |
| Q2 2016 | -12.8% | -12.7% | -5.8% | |
| Q1 2016 | +7.4% | — | — | |
| Q4 2015 | +17.0% | — | — | |
| Q3 2015 | -16.5% | — | — | |
| Q2 2015 | +2.2% | — | — | |
| Q1 2015 | -2.5% | — | — | |
| Q4 2014 | +4.6% | — | — | |
| Q3 2014 | +4.7% | — | — | |
| Q2 2014 | +0.0% | — | — | |
| Q1 2014 | +0.2% | — | — | |
| Q4 2013 | +23.0% | — | — | |
| Q3 2013 | -13.7% | — | — | |
| Q2 2013 | +2.1% | — | — | |
| Q1 2013 | +19.8% | — | — | |
| Q4 2012 | -14.1% | — | — | |
| Q3 2012 | +5.6% | — | — | |
| Q2 2012 | +23.4% | — | — | |
| Q1 2012 | +4.6% | — | — | |
| Q4 2011 | -2.2% | — | — | |
| Q3 2011 | -4.9% | — | — | |
| Q2 2011 | +0.7% | — | — | |
| Q1 2011 | -1.3% | — | — | |
| Q4 2010 | +1.5% | — | — | |
| Q3 2010 | -4.2% | — | — | |
| Q2 2010 | +8.1% | — | — | |
| Q1 2010 | -0.6% | — | — | |
| Q4 2009 | +4.4% | — | — | |
| Q4 2007 | +4.4% | — | — | |
| Q3 2008 | +2.5% | — | — | |
| Q3 2009 | +2.5% | — | — | |
| Q4 2008 | +0.1% | — | — | |
| Q2 2008 | +0.1% | — | — | |
| Q2 2009 | +0.1% | — | — |
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