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This statistic highlights Akamai’s Revenue by Region, split across International and US regions, reported on a quarterly basis from 2016 onwards.
Akamai Technologies, Inc. is an American content delivery network (CDN), a cybersecurity and cloud carrier business enterprise based in Cambridge Massachusetts, United States, providing web and Internet security services. Akamai’s Intelligent Edge Platform is one of the largest distributed computing platforms in the world. The company operates a network of servers around the world and leases out the capacity on these servers to customers who want their websites to work faster by distributing content from locations near the user.
|Revenue by Region||Q3 2020||Q2 2021||Q3 2021||Contribution in Q3 2021|
(All figures in millions, except for percentages)
Akamai’s total revenue increased from $567.72 million in Q1 2016 to $842.71 million in Q1 2021 overall showing a positive trend in the rise of the revenue from the initial stage, setting an increment of 48.44%, The company witnessed further growth in the revenue from $792.85 million in Q3 2020 to $860.33 million in Q3 2021, marking a growth of 8.51% ($67.48 million) in a year. Compared quarterly, the company’s revenue increased by 0.88%, i.e., by $7.51 million from $852.82 million in Q2 2021 to $860.33 million in Q3 2021.
Akamai’s revenue is further bifurcated into the following regions:
This region includes all the states inside the United States of America.
The companies revenue from the united states witnessed a constant increase in the generation of revenue from $397.28 million in Q1 2016 to $463.18 million in Q1 2021, amounting to an increment of 16.59% ($65.9 million) in 5 years. The majority of Akamai’s revenue is generated through the United States accounting for 52.16% of the company’s revenue in Q3 2021, amounting to $448.79 million. It grew by 85.61% compared to $437.38 million earned in Q3 2021 and 10.69% compared to $449.55 million in Q2 2021.
This region includes all the states and countries outside the United States of America.
Akamai Technologies’ revenue from the international region increased from $170.44 million in Q1 2016 to $379.53 million in Q1 2021, setting a massive incline of 122.68% ($209.09 million) which is more than double the initial revenue. Compared yearly, the company’s revenue witnessed a growth of 15.78% ($56.08 million) from $355.46 million in Q3 2020 to $411.54 million in Q3 2021. Quarterly, the revenue showed a slight rise of 2.05% from $403.27 million in Q2 2021 to $411.54 million in Q3 2021. This region accounted for 47.84% of the whole revenue generated in Q3 2021.
About the Company
Akamai Technologies, Inc. is committed to providing cloud services to deliver, optimize and protect content and business applications over the Internet. Products include security, web performance, media delivery, and carriers. On August 20, 1998, Frank T. Leighton, Jonathan Searing, Randall S. Kaplan, and Daniel M. Lewin created the corporation, which is based in Cambridge, Massachusetts. The company’s globally distributed platform is comprised of more than 325000 services in over 130 countries with over 8000 employees working in the company. Akamai Technologies(AKAM) common stock is listed on NASDAQ and is also a component of the S&P 500. Its market capitalization stands at $18.45 billion with an Earning per share(EPS) of $3.64. Akamai ranked 1st in Boston Business Journal’s 2019 “Largest Cybersecurity Companies In Massachusetts” list for the second year consecutively. The key factors that influence the company’s financial success are their ability to build on recurring revenue commitments for security and performance offerings, increase media traffic on their network, effectively manage the prices they charge for their solutions, develop new products, and carefully manage our capital spending and other expenses. When a user reaches the URL of an Akamai customer, their browser is directed by Akamai’s domain name system to a proximal edge server that can serve the requested content. Akamai’s mapping system maps each user to a near-edge server using sophisticated algorithms such as stable matching and consistent hashing for faster and more reliable web downloads. In addition, Akamai implements DDoS mitigation and other security services into its edge server platform. Akamai’s globally distributed intelligent edge platform covers everything from enterprise to cloud, so users and their businesses can be fast and secure. and 24/7/365 monitoring.
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