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AKAM
FY2025 Q3
개선
Akamai Technologies, Inc. 실적 발표
Buzzberg 분석
All top three U.S.
Akamai reported strong Q3 2025 results, with revenue and EPS beating expectations, driven by accelerating growth in Cloud Infrastructure Services (39% YoY) and high-growth security products. Management launched Akamai Inference Cloud with NVIDIA, signaling a major push into edge AI inference, and expressed confidence in accelerating CIS growth next year. Q3 revenue was $1.055B, up 5% YoY, with non-GAAP EPS of $1.86, up 17% YoY.
Buzzberg 분석 All top three U.S. Akamai reported strong Q3 2025 results, with revenue and EPS beating expectations, driven by accelerating growth in Cloud Infrastructure Services (39% YoY) and high-growth security products. Management launched Akamai Inference Cloud with NVIDIA, signaling a major push into edge AI inference, and expressed confidence in accelerating CIS growth next year. Q3 revenue was $1.055B, up 5% YoY, with non-GAAP EPS of $1.86, up 17% YoY. 전체 분석 보기분석 접기
Akamai reported strong Q3 2025 results, with revenue and EPS beating expectations, driven by accelerating growth in Cloud Infrastructure Services (39% YoY) and high-growth security products. Management launched Akamai Inference Cloud with NVIDIA, signaling a major push into edge AI inference, and expressed confidence in accelerating CIS growth next year. Q3 revenue was $1.055B, up 5% YoY, with non-GAAP EPS of $1.86, up 17% YoY.
- CIS revenue grew 39% YoY, accelerating from 30% last quarter, and all top 3 US hyperscalers are now customers.
- Launched Akamai Inference Cloud with NVIDIA Blackwell GPUs, with initial customers including Harmonic and Monks.
- API security and Zero Trust products grew 35% YoY, with API security expected to exit 2025 at a ~$100M run rate.
CIS 매출81보고값
DELIVERY 매출306보고값
SECURITY 매출568보고값
매출$1.0546B보고값
근거 있는 핵심 내용 6개
지금 중요한 점
이번 발표에서 가장 의미 있는 변화를 정리했습니다.
Growth
CIS revenue growth accelerated to 39% year-over-year
AI
Akamai Inference Cloud launched with NVIDIA Blackwell GPUs
핵심 내용 3개 더 보기
Security
API security run rate expected to reach ~$100 million
Guidance
Management sees possible CIS growth acceleration next year
AI
AI inference expected to boost delivery traffic over time
보고 기간
보고 실적
| 지표 | 보고값 | 변화 |
|---|---|---|
| CIS 매출 | 81 | 보고값 |
| DELIVERY 매출 | 306 | 보고값 |
| SECURITY 매출 | 568 | 보고값 |
| 매출 | $1.0546B | 보고값 |
| 주당순이익(EPS) | $1.86 | 보고값 |
| 매출총이익률 | 59.27% | 보고값 |
향후 전망
향후 가이던스
| 지표 | 기간 | 범위 | 중간값 | 상태 |
|---|---|---|---|---|
| 자본지출 | FY2025 Q4 | $170M–$180M | $175M | 제시 |
| 주당순이익(EPS) | FY2025 | $6.93–$7.13 | $7.03 | 제시 |
| 주당순이익(EPS) | FY2025 Q4 | $1.65–$1.85 | $1.75 | 제시 |
| 영업이익률 | FY2025 | 29%–30% | 29.5% | 제시 |
| 영업이익률 | FY2025 Q4 | 28%–30% | 29% | 제시 |
| 매출 | FY2025 Q4 | $1.065B–$1.085B | $1.075B | 제시 |
AI, 자본지출 및 수요 분석
경영진 분석
Upbeat
Management expressed strong optimism about the AI inference opportunity and growth momentum in cloud infrastructure services, while acknowledging execution-driven upside.
경영진의 AI 분석
Management is positioning Akamai Inference Cloud, launched with NVIDIA's Blackwell infrastructure, as a major growth driver, citing strong customer interest and early adopters, and believes AI inference at the edge is a new frontier that will require Akamai's distributed platform. They also see AI expanding the API security market and driving traffic growth in delivery.
투자 및 생산능력
Capex remains elevated at 21% of revenue in Q3, with Q4 guided to ~16%, primarily funding the expansion of cloud infrastructure services and the new AI Inference Cloud. Management indicated capex will be demand-driven and expects a roughly 1:1 ratio of capex to revenue for the inference business.
아래에 언급된 기업 8개 모두 표시
기업발표 이후 수익률
고객
고객
Dr. Tom Leighton
Harmonic is an early customer of Akamai Inference Cloud, indicating adoption of edge AI for video content personalization and delivery.
근거
“Another customer, Harmonic, whose technology helps to distribute video content for television and the Internet, said...”
고객
Dr. Tom Leighton
Monks is an early adopter of Akamai Inference Cloud, using it for real-time sports analytics, demonstrating the edge AI use case.
근거
“One of our initial customers, Monk's, The European digital first marketing technology services and consulting company said...”
고객
Dr. Tom Leighton
Akamai now has all top 3 US cloud providers as customers. This is a strong validation of Akamai's distributed edge strategy, but represents a competitive threat to traditional centralized cloud providers. — This shows that even hyperscalers need to leverage edge providers for certain low-latency workloads, indicating a layered cloud architecture market.
근거
“As a great proof point for the advantages offered by Akamai's uniquely distributed compute capabilities, the top three cloud providers in the U.S. are all now using Akamai Cloud Infrastructure Services.”
파트너
파트너
Dr. Tom Leighton
Akamai's CIS revenue growth accelerated to 39% YoY from 30% last quarter, and management expects to potentially accelerate CIS growth further next year, indicating strong edge compute demand. — This signals robust demand for distributed edge computing, directly benefiting NVIDIA's GPU sales and server OEMs like Dell that supply capacity.
근거
“Together, NVIDIA and Akamai are moving inference closer to users everywhere, delivering faster, more scalable generative AI, and unlocking the next generation of intelligent applications.”
경쟁사
경쟁사
Dr. Tom Leighton
Suggests competitor security outages (potentially CrowdStrike) are driving customers to Akamai's more reliable platform, a positive for Akamai and negative for the competitor mentioned.
근거
“And we see what happens with our competitors who don't make that investment. You know, and for example, in security companies that we compete with, where, you know, some of them, they're down for an hour every quarter.”
공급망
공급망
Akamai's CIS revenue growth accelerated to 39% YoY from 30% last quarter, and management expects to potentially accelerate CIS growth further next year, indicating strong edge compute demand. — This signals robust demand for distributed edge computing, directly benefiting NVIDIA's GPU sales and server OEMs like Dell that supply capacity.
Ed McGowan외부 신호
공급망 알파 · 3발표 이후 수익률
Akamai's CIS revenue growth accelerated to 39% YoY from 30% last quarter, and management expects to potentially accelerate CIS growth further next year, indicating strong edge compute demand.
Management expects the AI Inference Cloud capex per dollar of revenue to be similar to existing compute business (1:1) but with potentially better gross margins due to GPU scarcity.
근거
“It could be a little better with the GPU as a service because there is a scarcity there, so there's a pretty decent market price set for that today.”
Akamai now has all top 3 US cloud providers as customers. This is a strong validation of Akamai's distributed edge strategy, but represents a competitive threat to traditional centralized cloud providers.
근거
“the top three cloud providers in the U.S. are all now using Akamai Cloud Infrastructure Services”
방법론 및 범위
경영진 발언만 분석합니다. 검증된 기업 언급 8개를 모두 표시하며, 보고 실적과 향후 가이던스를 분리합니다. 공개 근거는 화자가 표시된 짧은 인용문 8개로 제한됩니다. AI 분석은 불완전하거나 틀릴 수 있으므로 중요한 주장은 원문에서 확인하세요.