Akamai now counts all three of the "top" US cloud providers among its cloud infrastructure services customer base, CEO Tom Leighton revealed during the company's Q3 2025 earnings call.

While not providing names, Leighton said that one of them had signed a "multi-year renewal" that "solidifies Akamai's position to be their premier distributed cloud computing provider."

He later expanded, upon being asked whether the deals were linked to ongoing hyperscaler issues with securing capacity: "Akamai has a unique platform. Nobody is like us. We have over 4,000 points of presence. We are already in 700-plus cities. That is unique... One of the hyperscalers is using us for ad logic to get their ad logic a lot closer to users. Another hyperscaler is using us for API orchestration. Again, needs to be fast and close to users... A third hyperscaler is using our managed container service for their media workflow. Again, because it is closer to users. It is not a capacity constraint issue."

Cloud infrastructure services (CIS) brought in $81 million in revenue for Q3, up 39 percent Year-on-Year (YoY), and "an acceleration from the 30 percent growth rate" in Q2.

CEO Leighton noted several cloud contracts the company had secured in the quarter, including "a major global appliance and consumer electronics manufacturer in South Korea, a multinational financial services company in Singapore, a leading US developer of analytic software, a US-based supply chain planning software vendor, a European cybersecurity provider, a major US airline, a leading American video game company, a leading media and entertainment company in India, and one of the largest media companies in the world."

Currently, Akamai has six customers that represent one percent or more of its revenue.

A lot of emphasis during the call was placed on Akamai's recently launched inference cloud with the Nvidia RTX Pro 6000 Blackwell Server Edition GPUs, with Leighton dedicating much of his opening remarks to the offering.

Currently, the offering is available in around 17 cities, but this will be expanded on a demand basis, according to EVP and CFO Ed McGowan, who predicted: "With the new AI Inference Cloud, we're getting a tremendous amount of activity and demand for that. There is a very good chance we could accelerate growth in our CIS business next year."

Capex for the quarter was $224m, up from the previous quarter's $214m, which McGowan said was linked to Akamai's continued investment in its "fast-growing CIS business." On future capex, McGowan said: "We're seeing initially some customers coming to us with some pretty large requests [for the AI inference cloud]. The capex will very closely be followed by revenue, and it will be informed by demand. We had given you sort of a metric of about a dollar of capex is a dollar of revenue. It's about the same here. It could be a little better depending on utilization."

In Q4, the company is currently expecting a capex of between $171-181m. This could mean a full year capex of $845m at the higher end of estimates.

For the full business, Akamai brought in $1.055bn in revenue, up five percent YoY. Security made up the largest chunk of that, with $568m in revenue. GAAP net income was $140 million, a 142 percent YoY. Adjusted EBITDA was $458 million, an eight percent increase from the third quarter of 2024.

Akamai was previously known for its CDN services, but has since refocused on cloud and security offerings. The company launched a managed container service in February 2025, and a cloud inference offering in March, which was expanded last month with Nvidia hardware.