Highest-materiality recent filing
Akamai closes $3.5B zero-coupon convertible note offering; repurchases $350M in stock
Issued $1.75B in 0.00% Convertible Senior Notes due 2030 and $1.75B due 2032.
Akamai prices $1.5B each of 2030 and 2032 convertible notes (0% coupon) in upsized $3B offering
Priced $1.5B 0% convertible notes due 2030 and $1.5B due 2032, upsized from $1.3B each; option for additional $250M each.
Akamai proposes $2.6B 0% convertible notes, $350M buyback, ups leverage covenant
Offers $1.3B of 0% convertible notes due 2030 and $1.3B of 0% notes due 2032 to QIBs.
Shareholders approved amendment to certificate of incorporation allowing stockholders with 25% ownership to call special meetings.
Akamai Q1 rev $1.074B (+6% YoY); GAAP EPS $0.71 (-13%); $1.8B CIS deal
Security rev $590M +11% YoY; CIS rev $95M +40%; Delivery & cloud apps $389M -7%.
Akamai Q4 revenue $1.095B, up 7% YoY; Non-GAAP EPS $1.84, up 11% YoY
GAAP EPS $0.58, down 36% YoY, includes $55M restructuring charge for workforce reduction.
Akamai adopts 2026 executive comp plan with $1 CEO salary, performance-based equity
CEO Leighton base salary $1; target bonus $1.5M, max $3.3M; CFO McGowan salary $535k, target 85% of earnings.
Akamai Q3 revenue $1.055B (+5% YoY); Non-GAAP EPS $1.86 (+17%); Cloud Infrastructure Services up 39%
Security revenue $568M (+10% YoY); Delivery revenue $306M (-4%); Cloud computing $180M (+8%).
Akamai launches Inference Cloud with NVIDIA for edge AI inferencing
Akamai Inference Cloud combines NVIDIA Blackwell GPUs with Akamai's 4,200+ edge locations for low-latency AI inference.
Akamai reduces voting thresholds for director removal and bylaw amendments
Board adopted amended bylaws effective September 10, 2025.
Akamai CEO buys 50,000 shares, Chairman buys 3,000 shares on Aug 11, 2025
CEO F. Thomson Leighton purchased 50,000 shares at weighted average price $72.2609.
Akamai Q2 revenue $1.04B, up 7% YoY; raises FY2025 revenue and EPS guidance
Revenue $1.043B (+7% YoY); GAAP EPS $0.71 (-17%); Non-GAAP EPS $1.73 (+9%).
Akamai adds Janaki Akella and Bas Burger to its Board of Directors
Janaki Akella (former Google exec) and Bas Burger (CEO of BT International) elected to Akamai Board effective July 7, 2025.
Akamai issues $1.725B of 0.25% convertible notes due 2033, uses $300M to buy back shares
$1.725B aggregate principal of 0.25% Convertible Senior Notes due May 15, 2033; initial conversion price ~$93.01 (20% premium).
Akamai shareholders approve 8M-share increase to stock plan, eliminate supermajority voting
Amendment No. 3 increases shares available for grant under stock plan by 8,000,000 to 46,750,000.
Akamai prices $1.5B convertible notes due 2033, 0.25% coupon, $300M buyback
$1.5B aggregate principal of 0.25% convertible senior notes due 2033, upsized from $1.35B.
Akamai proposes $1.35B convertible notes due 2033; upsizes credit facility to $1B
Offers $1.35B in convertible senior notes due 2033; underwriters may purchase additional $202.5M.
Akamai Q1 revenue $1.015B (+3% YoY); GAAP EPS $0.82 (-26%), non-GAAP EPS $1.70 (+4%)
Revenue $1.015B, up 3% YoY (4% ex-FX); Security+Cloud combined up 10% YoY to 69% of revenue.
Amendment No. 1 eliminates the credit spread adjustment previously applied to SOFR-denominated borrowings.
Bill Wagner resigns from Akamai board after accepting CEO role at Semrush Holdings
Bill Wagner resigned from Akamai's board effective February 24, 2025.
Akamai CEO F. Thomson Leighton buys $3M of company stock on open market
CEO F. Thomson Leighton personally purchased approximately $3 million of AKAM common stock on February 27, 2025.
Akamai director Bill Wagner resigns to become Semrush CEO
Bill Wagner notified Akamai of his resignation from the Board on February 24, 2025, effective immediately.
Akamai sets 2025 exec comp: CEO target bonus $1.5M, RSUs $13.77M
CEO Leighton: $1 salary, target bonus $1.5M (max $3.3M). RSUs: annual $6.885M, corp-perf $2.754M (target), stock-perf $4.131M (target).
Akamai Q4 2024 revenue $1.02B (+3% YoY), GAAP EPS $0.91 (-12%)
Q4 revenue $1.020B (+3% YoY, +3% FX-adj); full-year $3.991B (+5%).
Akamai Q3 revenue $1.005B (+4% YoY); GAAP EPS $0.38, down 63%; guides Q4 revenue $995M-$1.02B
Revenue $1.005B, up 4% YoY; Security $519M (+14%), Compute $167M (+28%), Delivery $319M (-16%).
Akamai Q2 revenue $980M (+5% YoY); security/compute grow 17%, delivery down 13%
GAAP EPS $0.86 (+2% YoY); non-GAAP EPS $1.58 (+6% YoY); cash from ops $431M (44% of rev).
Akamai shareholders approve 5M share increase under stock plan, officer liability limit
Shareholders approved second amendment to 2013 Stock Incentive Plan, increasing share reserve by 5,000,000 shares.
Akamai Q1 2024: Revenue $987M (+8% YoY); GAAP EPS $1.11, Non-GAAP $1.64; $2B buyback authorized
Revenue $987M (+8% YoY); Security $491M (+21%), Compute $145M (+25%), Delivery $352M (-11%).
Akamai sets 2024 executive compensation; Leighton bonus target $1.5M, max $3.3M
Leighton base salary remains $1; target bonus $1.5M, max $3.3M tied to revenue, adjusted op income, and ESG modifier.
Akamai Q4 revenue $995M (+7% YoY); GAAP EPS $1.03, non-GAAP $1.69; guides Q1 rev $980-1,000M
Q4 revenue $995M (+7% YoY); GAAP diluted EPS $1.03 (+26%); non-GAAP diluted EPS $1.69 (+23%).
Akamai Q3 revenue $965M (+9% YoY), raises FY23 revenue & EPS guidance
Q3 revenue $965M (+9% YoY); security+compute revenue 61% of total, up 20% combined.
Akamai amends bylaws to adopt proxy access for director nominations
Stockholders holding 3%+ of common stock for 3+ years may nominate directors.
Akamai issues additional $165M of 1.125% Convertible Notes due 2029, total now $1.265B
Issued $165M additional aggregate principal of 1.125% Convertible Senior Notes due Feb. 2029.
Akamai issues $1.1B of 1.125% convertible notes due 2029, buys back $75M of stock
Offered $1.1B aggregate principal of 1.125% Convertible Senior Notes due Feb 15, 2029; initial purchasers have option for additional $165M.
Akamai prices $1.1B convertible notes due 2029, upsized from $1B
Offers $1.1B principal of 1.125% notes due Feb 2029; initial purchasers have $165M over-allotment option.
Akamai proposes $1B convertible notes due 2029; proceeds to refinance 2025 notes and buy back stock
Offering $1B in convertible senior notes due 2029, plus up to $150M additional option to initial purchasers.
Akamai Q2 revenue $936M (+4% YoY); non-GAAP EPS $1.49 (+10%); raises full-year guidance
Revenue $936M, +4% YoY; security + compute represented 59% of total revenue, growing 14% and 16% YoY respectively.
Akamai shareholders approve 7.25M share increase to 2013 Stock Incentive Plan
Stockholders voted to amend the stock plan, adding 7,250,000 authorized shares for future equity grants.
Akamai Q1 revenue $916M, GAAP EPS $0.62, non-GAAP EPS $1.40; raises full-year guidance
Security became Akamai's largest revenue stream for first time at $406M, up 6% YoY.
Akamai sets 2023 executive comp: CEO salary $1, target bonus $1.5M; RSU grants up to $6.3M
CEO Leighton: $1 salary, target bonus $1.5M, max $3.3M; annual RSUs $5.25M, performance RSUs up to $10.5M.
Akamai Q4 revenue $928M (+2%); GAAP EPS $0.82 (-15% YoY); delivery revenue down 12%
Q4 revenue $928M, +2% YoY (+6% FX-adj); GAAP EPS $0.82 (-15% YoY); non-GAAP EPS $1.37 (-8% YoY).
Akamai amends bylaws to enhance stockholder nomination procedures and adopt universal proxy rules
Enhanced disclosure requirements for stockholder nominations, including ownership details, voting commitments, and litigation history.
Akamai enters new $500M revolving credit facility maturing Nov 2027, replaces existing facility
New $500M revolving credit agreement with JPMorgan as administrative agent, matures Nov 22, 2027.
Akamai CEO Leighton adopts 10b5-1 plan to buy up to $3M of stock
CEO F. Thomson Leighton entered a 10b5-1 plan to purchase up to $3,000,000 of Akamai common stock.
Akamai Q3 revenue $882M (+3%); GAAP EPS $0.68, down 37% YoY; non-GAAP EPS $1.26, down 13%
Revenue $882M, up 3% YoY; security + compute grew 23% to 55% of total revenue.
Akamai Q2 2022 revenue $903M (+6% YoY); GAAP EPS $0.74 (-21% YoY)
Revenue $903M, up 6% YoY (9% adj. FX); Security $381M (+17%), Compute $106M (+74%), Delivery $417M (-11%).
Akamai shareholders approve 2M-share increase in stock incentive plan; elect 10 directors
Shareholders approved Second Amended & Restated 2013 Stock Incentive Plan, increasing authorized shares by 2,000,000 and extending plan to May 12, 2032.
Akamai Q1 2022 revenue $904M +7% YoY; Security and Compute grow 25% combined
Revenue $904M (+7% YoY); Security $382M (+23%), Compute $78M (+32%).
Akamai suspends sales in Russia/Belarus, terminates state-owned customers; revenue impact <1%
Suspends all sales in Russia and Belarus; terminates business with state-majority-owned customers; complies with all sanctions.
Akamai sets 2022 executive comp: base salaries, bonuses, RSU grants tied to revenue and OI targets
CEO Leighton: base $1, target bonus $1.5M, max $3.3M; RSUs up to $16M (annual $4M, corp perf $4M, stock perf $2M target).
On February 24, 2025, Bill Wagner, a member of the Board of Directors (the “Board”) of Akamai Technologies, Inc. (the “Company”), notified the Company of his intent to resign from the Board, effective immediately, due to his acceptance of a new role as Chief Executive Officer of Semrush Holdings, Inc.
On February 24, 2025, Bill Wagner, a member of the Board of Directors (the “Board”) of Akamai Technologies, Inc. (the “Company”), notified the Company of his intent to resign from the Board, effective immediately, due to his acceptance of a new role as Chief Executive Officer of Semrush Holdings, Inc.
On November 8, 2021, Rick McConnell, President and General Manager of the Security Technology Group of Akamai Technologies, Inc. (the “Company”), notified the Company of his intent to resign to accept a role as CEO of another public company.
Max materiality 0.85 · Median 0.65 · Most common event earnings