Akamai Stock Jumps After New $600 Million Robotics Cloud Deal and Modest Q2 Beat

Company says the robotics agreement, together with earlier multiyear contracts, validates its move into cloud and edge AI infrastructure with CIS revenue set to accelerate into late 2026 and 2027.

Overview

Akamai reported Q2 2026 adjusted EPS of $1.59 and revenue of $1.1 billion, slightly above Street estimates.
The company disclosed a four‑year, more‑than‑$600 million Cloud Infrastructure Services contract with an unnamed U.S. technology customer to support robotics development.
Cloud Infrastructure Services revenue rose 39% year‑over‑year to $99 million in Q2.
Combined with a May $1.8 billion CIS deal, Akamai has secured $2.8 billion in 2026 multi‑year CIS commitments, a package of wins that drove a more than 13% pre‑market share rally.
Management narrowed full‑year EPS guidance to $6.40–$7.05, set Q3 revenue guidance of $1.11–$1.13 billion with EPS of $1.60–$1.80, and said CIS revenue should accelerate into Q4 as the company scales toward stronger growth in 2027.