---
schema_version: "secwatch.filing_event.v1"
accession: "0001086222-24-000146"
form_type: "8-K"
ticker: "AKAM"
cik: "0001086222"
company_name: "AKAMAI TECHNOLOGIES INC"
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T04:49:27.944063+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Akamai Q1 2024: Revenue $987M (+8% YoY); GAAP EPS $1.11, Non-GAAP $1.64; $2B buyback authorized

## Summary
- Revenue $987M (+8% YoY); Security $491M (+21%), Compute $145M (+25%), Delivery $352M (-11%).
- GAAP EPS $1.11 (+79% YoY); Non-GAAP EPS $1.64 (+17% YoY).
- Non-GAAP op margin 30% (+1ppt); Adj. EBITDA $417M (+11%).
- Board authorized new $2.0B buyback program through June 30, 2027; Q1 repurchased $125M at avg $109.79.
- FY2024 guidance: revenue $3.95B-$4.02B, non-GAAP EPS $6.20-$6.40; Q2 rev $967M-$986M.

## SEC filing metadata
- accession: 0001086222-24-000146
- form_type: 8-K
- ticker: AKAM
- cik: 0001086222
- company_name: AKAMAI TECHNOLOGIES INC
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1086222/000108622224000146/0001086222-24-000146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1086222/000108622224000146/akam-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001086222-24-000146
- JSON: https://secwatch.observer/filing/0001086222-24-000146.json
- Plain text: https://secwatch.observer/filing/0001086222-24-000146.txt

## Key facts
- Earnings Releases
  AKAMAI TECHNOLOGIES INC reported first quarter ended March 31, 2024 results: revenue $987 million, net income GAAP net income per diluted share of $1.11, EPS GAAP net income per diluted share was $1.11.
  - Period: first quarter ended March 31, 2024
  - Revenue: $987 million
  - Net income: GAAP net income per diluted share of $1.11
  - EPS: GAAP net income per diluted share was $1.11
  - Result: reported results
  source text: AKAMAI REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS First quarter revenue of $987 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1086222/000108622224000146/0001086222-24-000146-index.htm

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