Akamai Technologies : Additional Akamai Revenue Metrics, 2nd Quarter 2021

AKAMAI TECHNOLOGIES, INC.

ADDITIONAL REVENUE METRICS (UNAUDITED)

JUNE 30, 2021

REVENUE BY PRODUCT GROUP - Effective March 1, 2021, Akamai reorganized into two groups: the Security Technology Group and the Edge Technology Group, which both utilize the Akamai Intelligent Edge Platform and its global sales organization. These groups are aligned with their product offerings. Revenue from the Security Technology Group was previously reported as revenue from Cloud Security Solutions, and revenue from the Edge Technology Group was previously reported as revenue from content delivery network (CDN) services and all other solutions.

							2021
(in thousands)							Q1			Q2
Security Technology Group				$	310,219	$	325,128
Edge Technology Group							532,489			527,696
Total revenue					$	842,708		$	852,824
														2020
(in thousands)							Q1			Q2			Q3				Q4			2020 FY
Security Technology Group				$	240,300	$	259,316	$	265,869	$	296,137	$	1,061,622
Edge Technology Group							524,002			535,399			526,976				550,150			2,136,527
Total revenue					$	764,302		$	794,715		$	792,845			$	846,287		$	3,198,149
														2019
(in thousands)							Q1			Q2			Q3				Q4			2019 FY
Security Technology Group				$	190,093	$	204,811	$	215,916	$	237,913	$		848,733
Edge Technology Group							516,415			500,263			493,996				534,210			2,044,884
Total revenue				$	706,508	$	705,074	$	709,912	$	772,123	$	2,893,617
REVENUE GROWTH RATES YEAR-OVER-YEAR
		2021
	As Reported				Adjusted (1)
	Q1		Q2				Q1				Q2
Security Technology Group	29 %	25 %				27 %				22 %
Edge Technology Group	2 %		(1)%				- %					(4)%
Total revenue	10 %	7 %				8 %						5 %
																				2020
					As Reported														Adjusted for the Impact of Foreign Exchange Rates (1)
	Q1		Q2				Q3				Q4				2020 FY			Q1			Q2			Q3		Q4		2020 FY
Security Technology Group	26 %	27 %				23 %					24 %				25 %			28 %			28 %	23 %	23 %	25 %
Edge Technology Group	1 %		7 %				7 %							3 %						4 %			2 %			8 %		6 %		2 %		4 %
Total revenue	8 %		13 %				12 %					10 %				11 %			9 %			14 %		11 %		8 %		11 %
																				2019
					As Reported														Adjusted for the Impact of Foreign Exchange Rates (1)
	Q1		Q2				Q3				Q4				2019 FY			Q1			Q2			Q3		Q4		2019 FY
Security Technology Group	27 %	32 %				28 %					29 %				29 %			29 %			34 %	29 %	29 %	30 %
Edge Technology Group	- %		(1)%				(1)%							1 %						(1)%			2 %			- %		(1)%		1 %		1 %
Total revenue	6 %	6 %				6 %							8 %						7 %			8 %			8 %	7 %	9 %	8 %

1. See Reconciliation of GAAP to Non-GAAP Financial Measures posted on the Investor Relations section of Akamai's website for a definition of this non-GAAP financial measure

1

REVENUE BY GEOGRAPHY
							2021
(in thousands)							Q1			Q2
U.S.				$	463,180	$	449,553
International							379,528			403,271
Total revenue					$	842,708		$	852,824
														2020
(in thousands)							Q1			Q2			Q3				Q4			2020 FY
U.S.						$	428,930	$	443,668	$	437,381	$	467,456	$	1,777,435
International							335,372			351,047			355,464				378,831			1,420,714
Total revenue						$	764,302		$	794,715		$	792,845			$	846,287		$	3,198,149
														2019
(in thousands)							Q1			Q2			Q3				Q4			2019 FY
U.S.						$	418,200	$	416,859	$	413,116	$	446,036	$	1,694,211
International							288,308			288,215			296,796				326,087			1,199,406
Total revenue						$	706,508	$	705,074	$	709,912	$	772,123	$	2,893,617
REVENUE GROWTH RATES YEAR-OVER-YEAR
		2021
	As Reported				Adjusted (1)
	Q1		Q2				Q1				Q2
U.S.	8 %	1 %				8 %						1 %
International	13 %		15 %				8 %						9 %
Total revenue	10 %	7 %				8 %						5 %
																				2020
					As Reported														Adjusted for the Impact of Foreign Exchange Rates (1)
	Q1		Q2				Q3				Q4				2020 FY			Q1			Q2			Q3		Q4		2020 FY
U.S.	3 %	6 %				6 %							5 %						5 %			3 %			6 %	6 %	5 %	5 %
International	16 %		22 %				20 %					16 %				18 %			19 %			24 %		18 %		13 %		19 %
Total revenue	8 %		13 %				12 %					10 %				11 %			9 %			14 %		11 %		8 %		11 %
																				2019
					As Reported														Adjusted for the Impact of Foreign Exchange Rates (1)
	Q1		Q2				Q3				Q4				2019 FY			Q1			Q2			Q3		Q4		2019 FY
U.S.	(1)%	1 %				- %			3 %						1 %			(1)%			1 %		- %	3 %	1 %
International	17 %		15 %				15 %					17 %				16 %			24 %			20 %		18 %		18 %		20 %
Total revenue	6 %	6 %				6 %							8 %						7 %			8 %			8 %	7 %	9 %	8 %

1. See Reconciliation of GAAP to Non-GAAP Financial Measures posted on the Investor Relations section of Akamai's website for a definition of this non-GAAP financial measure

2

REVENUE FROM INTERNET PLATFORM CUSTOMERS - Revenue from large Internet platform companies: Amazon, Apple, Facebook, Google, Microsoft and Netflix

								2021
(in thousands)								Q1			Q2
Revenue from Internet Platform Customers		$	59,191	$	63,634
Revenue excluding Internet Platform Customers					783,517			789,190
Total revenue						$	842,708		$	852,824
															2020
(in thousands)								Q1			Q2			Q3				Q4			2020 FY
Revenue from Internet Platform Customers				$	44,702	$	50,752	$	50,618	$	57,677	$		203,749
Revenue excluding Internet Platform Customers					719,600			743,963			742,227				788,610			2,994,400
Total revenue							$	764,302		$	794,715		$	792,845			$	846,287		$	3,198,149
															2019
(in thousands)								Q1			Q2			Q3				Q4			2019 FY
Revenue from Internet Platform Customers		$	47,086	$	46,259	$	44,156	$	51,927	$		189,428
Revenue excluding Internet Platform Customers					659,422			658,815			665,756				720,196			2,704,189
Total revenue					$	706,508	$	705,074	$	709,912	$	772,123	$	2,893,617
REVENUE GROWTH RATES YEAR-OVER-YEAR
				2021
	As Reported				Adjusted (1)
	Q1	Q2				Q1		Q2
Revenue from Internet Platform	32 %			25 %				32 %				25 %
Customers
Revenue excluding Internet	9 %			6 %				7 %						3 %
Platform Customers
Total revenue	10 %			7 %				8 %						5 %
																					2020
						As Reported														Adjusted for the Impact of Foreign Exchange Rates (1)
	Q1			Q2				Q3				Q4				2020 FY			Q1			Q2			Q3		Q4		2020 FY
Revenue from Internet Platform	(5)%			10 %				15 %					11 %						8 %			(5)%			10 %	15 %	11 %	8 %
Customers
Revenue excluding Internet	9 %			13 %				11 %							9 %				11 %			10 %			14 %		11 %		8 %		11 %
Platform Customers
Total revenue	8 %			13 %				12 %					10 %				11 %			9 %			14 %		11 %		8 %		11 %
																					2019
						As Reported														Adjusted for the Impact of Foreign Exchange Rates (1)
	Q1			Q2				Q3				Q4				2019 FY			Q1			Q2			Q3		Q4		2019 FY
Revenue from Internet Platform	6 %			5 %				2 %					20 %						8 %			6 %			5 %	2 %	20 %	8 %
Customers
Revenue excluding Internet	6 %			6 %				6 %							7 %						6 %			8 %			8 %		7 %		8 %		8 %
Platform Customers
Total revenue	6 %			6 %				6 %							8 %						7 %			8 %			8 %	7 %	9 %	8 %

1. See Reconciliation of GAAP to Non-GAAP Financial Measures posted on the Investor Relations section of Akamai's website for a definition of this non-GAAP financial measure

3

REVENUE BY DIVISION - Prior to March 1, 2021, Akamai managed its business by division, which was a customer-focused reporting view that reflected revenue from customers that were managed by the division. Although Akamai no longer manages its business by division, the prior divisional view of revenue is provided for informational purposes. As the purchasing patterns and required account expertise of customers changes over time, Akamai may reassign a customer's division from one to another. As of January 1, 2021, Akamai reassigned some of its customers between the Media and Carrier Division and the Web Division and revised historical results in order to reflect the most recent categorization and to provide a comparable view for all periods presented.

							2021
(in thousands)							Q1			Q2
Web Division				$	427,046	$	431,521
Media and Carrier Division							415,662			421,303
Total revenue					$	842,708		$	852,824
														2020
(in thousands)							Q1			Q2			Q3				Q4			2020 FY
Web Division				$	402,750	$	401,071	$	414,689	$	434,068	$	1,652,578
Media and Carrier Division							361,552			393,644			378,156				412,219			1,545,571
Total revenue					$	764,302		$	794,715		$	792,845			$	846,287		$	3,198,149
														2019
(in thousands)							Q1			Q2			Q3				Q4			2019 FY
Web Division				$	370,297	$	373,974	$	384,734	$	413,525	$	1,542,530
Media and Carrier Division							336,211			331,100			325,178				358,598			1,351,087
Total revenue				$	706,508	$	705,074	$	709,912	$	772,123	$	2,893,617
REVENUE GROWTH RATES YEAR-OVER-YEAR
		2021
	As Reported				Adjusted (1)
	Q1		Q2				Q1				Q2
Web Division	6 %	8 %				4 %						5 %
Media and Carrier Division	15 %		7 %				13 %						5 %
Total revenue	10 %	7 %				8 %						5 %
																				2020
					As Reported														Adjusted for the Impact of Foreign Exchange Rates (1)
	Q1		Q2				Q3				Q4				2020 FY			Q1			Q2			Q3		Q4		2020 FY
Web Division	9 %	7 %				8 %							5 %						7 %			10 %			8 %	7 %	4 %	7 %
Media and Carrier Division	8 %		19 %				16 %					15 %				14 %			8 %			20 %		16 %		14 %		14 %
Total revenue	8 %		13 %				12 %					10 %				11 %			9 %			14 %		11 %		8 %		11 %
																				2019
					As Reported														Adjusted for the Impact of Foreign Exchange Rates (1)
	Q1		Q2				Q3				Q4				2019 FY			Q1			Q2			Q3		Q4		2019 FY
Web Division	7 %	8 %				10 %							9 %						8 %			9 %			10 %	10 %	9 %	10 %
Media and Carrier Division	5 %		5 %				2 %							8 %						5 %			7 %			6 %		3 %		8 %		6 %
Total revenue	6 %	6 %				6 %							8 %						7 %			8 %			8 %	7 %	9 %	8 %

1. See Reconciliation of GAAP to Non-GAAP Financial Measures posted on the Investor Relations section of Akamai's website for a definition of this non-GAAP financial measure

4