---
schema_version: "secwatch.filing_event.v1"
accession: "0001086222-23-000185"
form_type: "8-K"
ticker: "AKAM"
cik: "0001086222"
company_name: "AKAMAI TECHNOLOGIES INC"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:01:43.545584+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Akamai Q1 revenue $916M, GAAP EPS $0.62, non-GAAP EPS $1.40; raises full-year guidance

## Summary
- Security became Akamai's largest revenue stream for first time at $406M, up 6% YoY.
- Compute revenue surged 49% YoY to $116M; Delivery declined 11% to $394M.
- GAAP net income $97M (-27% YoY); non-GAAP net income $218M (-3% YoY).
- Full-year 2023 revenue guidance raised to $3.740-3.785B; non-GAAP EPS to $5.69-5.84.
- Recorded $45M restructuring charge for workforce reduction to prioritize growth areas.

## SEC filing metadata
- accession: 0001086222-23-000185
- form_type: 8-K
- ticker: AKAM
- cik: 0001086222
- company_name: AKAMAI TECHNOLOGIES INC
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1086222/000108622223000185/0001086222-23-000185-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1086222/000108622223000185/akam-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001086222-23-000185
- JSON: https://secwatch.observer/filing/0001086222-23-000185.json
- Plain text: https://secwatch.observer/filing/0001086222-23-000185.txt

## Key facts
- Earnings Releases
  AKAMAI TECHNOLOGIES INC updated its the fiscal quarter ended March 31, 2023 guidance (raised).
  - Period: the fiscal quarter ended March 31, 2023
  - Guidance: raised
  - Result: reported results
  source text: On May 9, 2023, Akamai Technologies, Inc. announced its financial results for the fiscal quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1086222/000108622223000185/0001086222-23-000185-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.