Akamai Technologies : Additional Akamai Revenue Metrics, 3rd Quarter 2020

AKAMAI TECHNOLOGIES, INC.

ADDITIONAL REVENUE METRICS (UNAUDITED)

SEPTEMBER 30, 2020

REVENUE BY DIVISION - A customer-focused reporting view that reflects revenue from customers that are managed by the division. As the purchasing patterns and required account expertise of customers changes over time, Akamai may reassign a customer's division from one to another. In 2020, 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.

																2020
(in thousands)												Q1				Q2				Q3
Web Division									$	405,995	$	404,342	$	418,064
Media and Carrier Division												358,307			390,373			374,781
Total revenue										$	764,302		$	794,715		$	792,845
																		2019
(in thousands)												Q1				Q2				Q3					Q4				2019 FY
Web Division									$	374,202	$	377,558	$	387,662	$	416,830			$	1,556,252
Media and Carrier Division												332,306			327,516			322,250				355,293				1,337,365
Total revenue										$	706,508		$	705,074		$	709,912			$	772,123			$	2,893,617
																		2018
(in thousands)												Q1				Q2				Q3					Q4				2018 FY
Web Division									$	351,200	$	349,840	$	354,908	$	383,824			$	1,439,772
Media and Carrier Division												317,524			312,919			314,720				329,539				1,274,702
Total revenue									$	668,724	$	662,759	$	669,628	$	713,363			$	2,714,474
REVENUE GROWTH RATES YEAR-OVER-YEAR
				2020
			As Reported							Adjusted (1)
	Q1		Q2		Q3			Q1		Q2				Q3
Web Division	8 %	7 %	8 %			10 %				8 %				7 %
Media and Carrier Division	8 %		19 %		16 %			9 %		20 %				16 %
Total revenue	8 %		13 %		12 %			9 %		14 %				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 %	9 %			9 %				8 %				9 %	10 %	10 %	9 %		9 %
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 %
												2018
					As Reported									Adjusted for the Impact of Foreign Exchange Rates (1)
	Q1		Q2		Q3			Q4		2018 FY			Q1		Q2				Q3					Q4		2018 FY
Web Division	16 %	10 %	8 %			9 %	11 %				13 %			9 %			9 %	10 %		10 %
Media and Carrier Division	7 %		8 %		6 %			8 %				7 %				4 %			7 %			7 %		9 %		7 %
Total revenue	11 %	9 %	7 %			8 %				9 %				9 %			8 %			8 %	10 %		9 %

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 FROM CLOUD SECURITY SOLUTIONS - A product-focused reporting view that illustrates revenue from Cloud Security Solutions separately from all other solution categories.

															2020
(in thousands)												Q1			Q2					Q3
Cloud Security Solutions									$	240,300	$	259,316	$	265,869
CDN and other solutions												524,002			535,399				526,976
Total revenue										$	764,302		$	794,715			$	792,845
																	2019
(in thousands)												Q1			Q2					Q3					Q4				2019 FY
Cloud Security Solutions									$	190,093	$	204,811	$	215,916	$	237,913			$	848,733
CDN and other solutions												516,415			500,263				493,996				534,210				2,044,884
Total revenue										$	706,508		$	705,074			$	709,912			$	772,123			$	2,893,617
																	2018
(in thousands)												Q1			Q2					Q3					Q4				2018 FY
Cloud Security Solutions									$	150,076	$	155,250	$	168,652	$	184,769			$	658,747
CDN and other solutions												518,648			507,509				500,976				528,594				2,055,727
Total revenue									$	668,724	$	662,759	$	669,628	$	713,363			$	2,714,474
REVENUE GROWTH RATES YEAR-OVER-YEAR
				2020
			As Reported							Adjusted (1)
	Q1		Q2		Q3			Q1		Q2			Q3
Cloud Security Solutions	26 %	27 %	23 %			28 %	28 %			23 %
CDN and other solutions	1 %		7 %		7 %			2 %		8 %			6 %
Total revenue	8 %		13 %		12 %			9 %		14 %			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
Cloud Securities Solutions	27 %	32 %	28 %			29 %	29 %			29 %			34 %	29 %	29 %		30 %
CDN and other solutions	- %		(1)%		(1)%			1 %		(1)%			2 %			- %		(1)%		1 %		1 %
Total revenue	6 %		6 %		6 %			8 %		7 %			8 %			8 %			7 %		9 %		8 %
												2018
					As Reported								Adjusted for the Impact of Foreign Exchange Rates (1)
	Q1		Q2		Q3			Q4		2018 FY			Q1		Q2		Q3					Q4		2018 FY
Cloud Securities Solutions	36 %	33 %	37 %			35 %	35 %			33 %			31 %	38 %	37 %		35 %
CDN and other solutions	6 %		4 %		- %			1 %		3 %			3 %			3 %			1 %		2 %		2 %
Total revenue	11 %	9 %	7 %			8 %	9 %			9 %			8 %			8 %	10 %		9 %

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

						2020
(in thousands)		Q1			Q2			Q3
Revenue from Internet Platform Customers	$	44,702	$	50,752		$	50,618
Revenue excluding Internet Platform Customers		719,600			743,963				742,227
Total revenue	$	764,302		$	794,715			$	792,845
						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
						2018
(in thousands)			Q1			Q2				Q3			Q4			2018 FY
Revenue from Internet Platform Customers	$	44,391	$	44,062		$	43,086	$	43,218	$	174,757
Revenue excluding Internet Platform Customers			624,333			618,697				626,542			670,145			2,539,717
Total revenue	$	668,724	$	662,759		$	669,628	$	713,363	$	2,714,474

REVENUE GROWTH RATES YEAR-OVER-YEAR
				2020
			As Reported							Adjusted (1)
	Q1		Q2		Q3			Q1		Q2			Q3
Revenue from Internet Platform	(5)%	10 %	15 %			(5)%	10 %			15 %
Customers
Revenue excluding Internet	9 %		13 %		11 %			10 %		14 %			11 %
Platform Customers
Total revenue	8 %		13 %		12 %			9 %		14 %			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 %
									2018
					As Reported						Adjusted for the Impact of Foreign Exchange Rates (1)
	Q1		Q2		Q3			Q4		2018 FY			Q1		Q2		Q3		Q4		2018 FY
Revenue from Internet Platform	(14)%	(14)%	(15)%			(14)%	(14)%			(14)%	(14)%	(15)%	(14)%	(14)%
Customers
Revenue excluding Internet	14 %		12 %		9 %			10 %		11 %			11 %		10 %		10 %		11 %		11 %
Platform Customers
Total revenue	11 %	9 %	7 %			8 %	9 %			9 %	8 %	8 %	10 %	9 %

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 GEOGRAPHY
															2020
(in thousands)												Q1			Q2						Q3
U.S.									$	428,930	$	443,668	$	437,381
International												335,372			351,047					355,464
Total revenue										$	764,302		$	794,715			$	792,845
																	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
																	2018
(in thousands)												Q1			Q2						Q3				Q4				2018 FY
U.S.									$	423,339	$	413,129	$	412,573	$	434,231			$	1,683,272
International												245,385			249,630					257,055			279,132				1,031,202
Total revenue									$	668,724	$	662,759	$	669,628	$	713,363			$	2,714,474
REVENUE GROWTH RATES YEAR-OVER-YEAR
				2020
			As Reported							Adjusted (1)
	Q1		Q2		Q3			Q1		Q2			Q3
U.S.	3 %	6 %	6 %			3 %	6 %			6 %
International	16 %		22 %		20 %			19 %		24 %			18 %
Total revenue	8 %		13 %		12 %			9 %		14 %			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 %
												2018
					As Reported								Adjusted for the Impact of Foreign Exchange Rates (1)
	Q1		Q2		Q3			Q4		2018 FY			Q1		Q2		Q3				Q4		2018 FY
U.S.	6 %	3 %		- %	2 %	3 %			6 %			3 %		- %	2 %		3 %
International	22 %		21 %		21 %			20 %		21 %			14 %			18 %		24 %		23 %		20 %
Total revenue	11 %	9 %	7 %			8 %	9 %			9 %			8 %	8 %	10 %		9 %

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