Fourth quarter highlights
GAAP EPS of $0.68 and non-GAAP EPS* of $1.33
Full-year highlights
GAAP EPS of $3.37 and non-GAAP EPS* of $5.22
GAAP operating margin of 21% and non-GAAP operating margin* of 31%, exceeding 30% goal
Cloud Security Solutions revenue exceeded $1 billion and grew 25% year-over-year
Akamai Technologies, Inc. (NASDAQ: AKAM), the world's most trusted solution for securing and delivering digital experiences, today reported financial results for the fourth quarter and full-year ended December 31, 2020.
"Akamai's strong fourth quarter performance capped off an excellent year in which we surpassed $3 billion in revenue and achieved record earnings per share," said Dr. Tom Leighton, CEO of Akamai. "In addition, our security portfolio exceeded $1 billion in revenue, we delivered record traffic levels on our network and we accomplished our 30% non-GAAP operating margin goal. I am very proud of how the Akamai team supported our global customers and billions of internet users who relied on the internet more than ever before during the COVID-19 pandemic. As we look forward to 2021, we expect to continue investing in innovation and new products with the goal of accelerating our market leadership in security, edge computing and video streaming."