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FOR IMMEDIATE RELEASE Contacts : Gina Sorice Media Relations Akamai Technologies 646-320-4107 gsorice@akamai.com AKAMAI REPORTS THIRD QUARTER 2021 FINANCIAL RESULTS Third quarter revenue of $ 860 million , up 9 % year - over - year and up 8 % when adjusted for foreign exchange * Security Technology Group revenue of $ 335 million , up 26 % year - over - year and up 25 % when adjusted for foreign exchange * Edge Technology Group revenue of $ 526 million , flat year - over - year and down 1 % when adjusted for foreign exchange * Tom Barth Investor Relations Akamai Technologies 617-274-7130 tbarth@akamai.com CAMBRIDGE , Mass . - November 2 , 2021 - Akamai Technologies , Inc. ( NASDAQ : AKAM ) , the world's most trusted solution to power and protect digital experiences , today reported financial results for the third quarter ended September 30 , 2021 . GAAP EPS of $ 1.08 , up 14 % year - over - year , and non - GAAP EPS * of $ 1.45 , up 11 % year - over - year Board of Directors authorizes a new , three - year , $ 1.8 billion share repurchase program " Akamai delivered another excellent quarter , highlighted by the continued very strong growth of our security business , which now accounts for nearly 40 % of our overall revenue , " said Dr. Tom Leighton , Akamai's Chief Executive Officer . " We're particularly excited about our recent acquisition of Guardicore , a market leader in helping enterprises stop the spread of ransomware . " ● Akamai delivered the following financial results for the third quarter ended September 30 , 2021 : Revenue : Revenue was $ 860 million , a 9 % increase over third quarter 2020 revenue of $ 793 million and an 8 % increase when adjusted for foreign exchange . * Revenue by Product Group : Security Technology Group revenue was $ 335 million , up 26 % year - over - year and up 25 % when adjusted for foreign exchange * Edge Technology Group revenue was $ 526 million , flat year - over - year and down 1 % when adjusted for foreign exchange * Revenue by Geography : ● U.S. revenue was $ 449 million , up 3 % year - over - year International revenue was $ 412 million , up 16 % year - over - year and up 15 % when adjusted for foreign exchange * Income from operations : GAAP income from operations was $ 205 million , a 13 % increase from third quarter 2020. GAAP operating margin for the third quarter was 24 % , up 1 percentage point from the same period last year . Non - GAAP income from operations * was $ 277 million , a 10 % increase from third quarter 2020. Non - GAAP operating margin * for the third quarter was 32 % , flat compared to the same period last year . Net income : GAAP net income was $ 179 million , a 13 % increase from third quarter 2020. Non - GAAP net income * was $ 239 million , an 11 % increase from third quarter 2020 . 1