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Rankings/AKAM/Q2 2023 Analysis

Akamai Technologies Inc

AKAM
Q2 2023(AKAM Q1 FY2023)Estimated1% AI
AI Revenue %
1%
AI Fair Value
$74.2M
AI Revenue (Q)
$10.3M
Total Revenue (Q)
$1.0B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q1 2023 revenue was $915.7M. The generative AI wave (ChatGPT launched Nov 2022) began driving enterprise interest in AI infrastructure. Akamai's compute platform was expanding with more cloud computing sites. However, Akamai does not break out compute revenue separately, and there is zero disclosure of AI-specific workload revenue. The company's security products began incorporating more ML/AI features. Incrementing estimate to 1.0% (~$9.2M) to reflect modest growth in AI-adjacent compute usage and AI-powered security features.
Analyzed by claude-opus-4-6

Quoted Figures

Revenue $915,698 thousand for three months ended March 31, 2023
10-Q filed for period ending March 31, 2023, Condensed Consolidated Statements of Income

AI Products Identified (Ring 1)

Linode cloud compute (general-purpose, some AI inference)AI-enhanced security automation

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

Content delivery networkWeb application firewallDDoS mitigationBot managementGuardicore microsegmentation

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix