Earnings release
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FOR IMMEDIATE RELEASE Contacts : Gina Sorice Media Relations Akamai Technologies 646-320-4107 gsorice@akamai.com Tom Barth Investor Relations Akamai Technologies 617-274-7130 tbarth@akamai.com AKAMAI REPORTS SECOND QUARTER 2021 FINANCIAL RESULTS Second quarter revenue of $ 853 million , up 7 % year - over - year and up 5 % when adjusted for foreign exchange * Security Technology Group revenue of $ 325 million , up 25 % year - over - year and up 22 % when adjusted for foreign exchange * Edge Technology Group revenue of $ 528 million , down 1 % year - over - year and down 4 % when adjusted for foreign exchange * GAAP EPS of $ 0.94 , down 4 % year - over - year , and non - GAAP EPS * of $ 1.42 , up 3 % year - over - year CAMBRIDGE , Mass . - August 3 , 2021 – Akamai Technologies , Inc. ( NASDAQ : AKAM ) , the world's most trusted solution for protecting and delivering digital experiences , today reported financial results for the second quarter ended June 30 , 2021 . " Akamai's excellent second quarter financial performance was highlighted by continued strong growth across our security solutions globally , ” said Dr. Tom Leighton , Akamai's Chief Executive Officer . " As the internet has become increasingly critical to consumers and businesses , our customers have turned to us more than ever to power and protect exceptional online experiences . " Akamai delivered the following financial results for the second quarter ended June 30 , 2021 : Revenue : Revenue was $ 853 million , a 7 % increase over second quarter 2020 revenue of $ 795 million and a 5 % increase when adjusted for foreign exchange . * Revenue by Product Group : • • Security Technology Group revenue was $ 325 million , up 25 % year - over - year and up 22 % when adjusted for foreign exchange * Edge Technology Group revenue was $ 528 million , down 1 % year - over - year and down 4 % when adjusted for foreign exchange * Revenue by Geography : • U.S. revenue was $ 450 million , up 1 % year - over - year • International revenue was $ 403 million , up 15 % year - over - year and up 9 % when adjusted for foreign exchange * Income from operations : GAAP income from operations was $ 199 million , a 5 % increase from second quarter 2020. GAAP operating margin for the second quarter was 23 % , down 1 percentage point from the same period last year . Non - GAAP income from operations * was $ 270 million , a 5 % increase from second quarter 2020. Non - GAAP operating margin * for the second quarter was 32 % , flat compared to the same period last year . Net income : GAAP net income was $ 156 million , a 3 % decrease from second quarter 2020. Non - GAAP net income * was $ 233 million , a 3 % increase from second quarter 2020 . 1