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Rankings/AKAM/Q3 2024 Analysis

Akamai Technologies Inc

AKAM
Q3 2024(AKAM Q2 FY2024)Estimated1.5% AI
AI Revenue %
1.5%
AI Fair Value
$136.4M
AI Revenue (Q)
$15.1M
Total Revenue (Q)
$1.0B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.gov

Analysis

Q2 2024 revenue was $979.6M. Akamai acquired Noname Security in June 2024 to enhance API security. The company continued compute platform growth, but no AI-specific revenue was disclosed. Akamai operates as one segment. The Q2 2024 filing shows no compute or AI revenue breakout. Maintaining 1.5% estimate (~$14.7M).
Analyzed by claude-opus-4-6

Quoted Figures

Revenue $979,580 thousand for three months ended June 30, 2024
10-Q filed for period ending June 30, 2024, Condensed Consolidated Statements of Income
In June 2024, Akamai acquired Noname Security Ltd., one of the top API security vendors in the market
10-K for FY2024, Item 1. Business

AI Products Identified (Ring 1)

Cloud compute for AI inferenceAI-enhanced cybersecurityEdge compute for AI workloads

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 microsegmentationAPI Security (Noname)

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix