AKAMAI TECHNOLOGIES INC
AKAMAI TECHNOLOGIES INC
AKAMAI TECHNOLOGIES INC (AKAM) — SEC Financial Statements & Analysis
AKAMAI TECHNOLOGIES INC (AKAM) files its annual 10-K and quarterly 10-Q reports directly with the SEC. The financial data below is sourced as-filed from EDGAR — balance sheet, income statement, and cash flow as reported, without normalization or third-party adjustments.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 622 | 930 | 928 | 850 | 1,097 | 518 | 570 | 448 | 468 | 489 | 460 | 299 | |||||
Marketable Securities Current | 308 | 256 | 191 | 116 | 224 | 1,079 | 1,129 | 1,189 | 1,207 | 375 | 479 | 492 | |||||
Accounts Receivable Net Current | 881 | 794 | 766 | 779 | 759 | 728 | 696 | 699 | 717 | 724 | 713 | 698 | |||||
Prepaid Expense And Other Assets Current | 319 | 306 | 283 | 288 | 294 | 254 | 239 | 234 | 234 | 216 | 215 | 229 | |||||
Assets Current | 2,131 | 2,287 | 2,167 | 2,034 | 2,375 | 2,578 | 2,634 | 2,570 | 2,625 | 1,805 | 1,867 | 1,718 | |||||
Marketable Securities Noncurrent | 803 | 733 | 694 | 591 | 23 | 276 | 279 | 277 | 582 | 1,431 | 1,209 | 249 | |||||
Operating Lease Right Of Use Asset | 1,666 | 1,470 | 1,021 | 1,063 | 977 | 1,007 | 1,006 | 989 | 947 | 909 | 884 | 885 | |||||
Intangible Assets Net Excluding Goodwill | 589 | 615 | 647 | 675 | 701 | 728 | 586 | 633 | 513 | 536 | 465 | 437 | |||||
Goodwill | 3,203 | 3,207 | 3,170 | 3,170 | 3,157 | 3,151 | 3,154 | 3,146 | 2,847 | 2,850 | 2,843 | 2,848 | |||||
Deferred Income Tax Assets Net | 628 | 623 | 619 | 597 | 455 | 483 | 431 | 428 | 430 | 418 | 405 | 337 | |||||
Other Assets Noncurrent | 215 | 213 | 196 | 192 | 184 | 151 | 150 | 133 | 128 | 124 | 122 | 125 | |||||
Assets | 11,646 | 11,480 | 10,833 | 10,536 | 9,982 | 10,369 | 10,190 | 10,088 | 9,936 | 9,900 | 9,582 | 8,346 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 151 | 125 | 190 | 147 | 156 | 130 | 107 | 125 | 135 | 147 | 144 | 194 | |||||
Accrued Liabilities Current | 286 | 320 | 308 | 272 | 265 | 371 | 289 | 284 | 292 | 352 | 329 | 269 | |||||
Contract With Customer Liability Current | 204 | 151 | 162 | 180 | 170 | 149 | 139 | 140 | 143 | 108 | 124 | 139 | |||||
Lines Of Credit Current | - | - | - | - | - | - | - | - | - | - | - | 20 | |||||
Convertible Notes Payable Current | - | 0 | 0 | 0 | 1,150 | 1,149 | 1,148 | 1,148 | - | 0 | - | - | |||||
Operating Lease Liability Current | 369 | 337 | 281 | 272 | 263 | 259 | 252 | 242 | 233 | 223 | 205 | 217 | |||||
Other Liabilities Current | 25 | 35 | 8 | 10 | 13 | 33 | 49 | 8 | 7 | 6 | 7 | 21 | |||||
Liabilities Current | 1,036 | 968 | 950 | 881 | 2,017 | 2,091 | 1,983 | 1,946 | 809 | 836 | 810 | 861 | |||||
Contract With Customer Liability Noncurrent | 20 | 17 | 23 | 25 | 23 | 26 | 24 | 29 | 21 | 23 | 27 | 27 | |||||
Deferred Income Tax Liabilities Net | 35 | 31 | 27 | 23 | 18 | 16 | 27 | 26 | 25 | 25 | 21 | 19 | |||||
Convertible Long Term Notes Payable | 4,108 | 4,105 | 4,103 | 4,101 | 2,398 | 2,397 | 2,395 | 2,394 | 3,540 | 3,538 | 3,536 | 2,287 | |||||
Operating Lease Liability Noncurrent | 1,391 | 1,233 | 847 | 899 | 808 | 830 | 855 | 831 | 800 | 775 | 761 | 758 | |||||
Other Liabilities Noncurrent | 148 | 148 | 151 | 140 | 134 | 130 | 111 | 107 | 107 | 106 | 102 | 104 | |||||
Liabilities | 6,737 | 6,502 | 6,101 | 6,069 | 5,398 | 5,490 | 5,396 | 5,333 | 5,302 | 5,303 | 5,258 | 4,057 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Additional Paid In Capital | 2,123 | 2,080 | 2,819 | 2,697 | 2,674 | 2,618 | 2,480 | 2,368 | 2,231 | 2,223 | 2,757 | 2,752 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -117 | -95 | -93 | -87 | -135 | -156 | -100 | -137 | -117 | -95 | -137 | -120 | |||||
Treasury Stock Common Value | -630 | -435 | -1,335 | -1,343 | -1,052 | -558 | -420 | -253 | -125 | 0 | -604 | -490 | |||||
Retained Earnings Accumulated Deficit | 3,531 | 3,425 | 3,340 | 3,200 | 3,096 | 2,973 | 2,833 | 2,775 | 2,643 | 2,468 | 2,307 | 2,146 | |||||
Stockholders Equity | 4,909 | 4,977 | 4,732 | 4,468 | 4,585 | 4,878 | 4,794 | 4,755 | 4,634 | 4,597 | 4,324 | 4,289 | |||||
Liabilities And Stockholders Equity | 11,646 | 11,480 | 10,833 | 10,536 | 9,982 | 10,369 | 10,190 | 10,088 | 9,936 | 9,900 | 9,582 | 8,346 | |||||
Allowance For Doubtful Accounts Receivable Current | 6 | 8 | 6 | 5 | 5 | 4 | 4 | 3 | 3 | 3 | 6 | 8 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Convertible Preferred Stock Shares Reserved For Fu… | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 700 | 700 | 700 | 700 | 700 | 700 | 700 | 700 | 700 | 700 | 700 | 700 | |||||
Common Stock Shares Issued | 152 | 150 | 159 | 159 | 158 | 156 | 155 | 154 | 154 | 151 | 158 | 158 | |||||
Shares Outstanding | 146 | 145 | 144 | 143 | 146 | 150 | 151 | 152 | 152 | 151 | 151 | 152 | |||||
Treasury Stock Common Shares | 7 | 5 | 15 | 10 | 12 | 6 | 4 | 2 | 1 | 0 | 7 | 6 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.24% | -23.30% | - | - | - | - | - | - | - | - | - | - |
| 2025 | -0.42% | 4.39% | 5.90% | 12.19% | 7.83% | 6.41% | 6.90% | 5.59% | 13.54% | 14.34% | -2.99% | 56.85% |
| 2024 | -9.97% | -12.08% | -5.36% | 11.22% | 10.92% | 11.36% | 5.20% | 8.50% | 9.32% | 4.37% | -5.40% | 0.49% |
| 2023 | 18.55% | 13.93% | 19.98% | 10.95% | 12.21% | 7.44% | 4.95% | 7.05% | 11.31% | 0.77% | -6.14% | -11.96% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.06 | 2.36 | 2.28 | 2.31 | 1.18 | 1.23 | 1.33 | 1.32 | 3.25 | 2.16 | 2.30 | 2.00 | |||||
| Quick Ratio | 1.75 | 2.05 | 1.98 | 1.98 | 1.03 | 1.11 | 1.21 | 1.20 | 2.96 | 1.90 | 2.04 | 1.73 | |||||
| Working Capital | 1.09B | 1.32B | 1.22B | 1.15B | 358.44M | 486.77M | 651.41M | 624.58M | 1.82B | 968.82M | 1.06B | 857.70M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.37 | 1.31 | 1.29 | 1.36 | 1.18 | 1.13 | 1.13 | 1.12 | 1.14 | 1.15 | 1.22 | 0.95 | |||||
| Interest Coverage TTM | - | - | - | - | - | 78.24 | 41.61 | 36.15 | 31.01 | 35.99 | 45.90 | 53.45 | |||||
| Debt Ratio | 0.58 | 0.57 | 0.56 | 0.58 | 0.54 | 0.53 | 0.53 | 0.53 | 0.53 | 0.54 | 0.55 | 0.49 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.39 | 0.39 | 0.39 | 0.40 | 0.40 | 0.39 | 0.40 | 0.43 | 0.43 | 0.42 | 0.42 | 0.44 | |||||
| Days Sales Outstanding TTM | 70.17 | 65.98 | 64.57 | 66.08 | 67.02 | 66.39 | 64.87 | 64.95 | 66.85 | 67.19 | 65.08 | 68.14 | |||||
| Receivables Turnover TTM | 5.20 | 5.53 | 5.65 | 5.52 | 5.45 | 5.50 | 5.63 | 5.62 | 5.46 | 5.43 | 5.61 | 5.36 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 2.90 | 3.07 | 3.50 | 2.92 | 3.00 | 3.27 | 3.43 | 4.09 | 3.98 | 3.52 | 3.32 | 3.12 | |||||
| Free Cash Flow Per Share TTM | 7.49 | 6.95 | 7.15 | 6.75 | 6.74 | 7.46 | 7.90 | 7.51 | 6.97 | 5.84 | 5.60 | 6.19 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 58.28% | 58.95% | 59.13% | 59.13% | 59.07% | 59.39% | 59.66% | 59.92% | 60.23% | 60.36% | 60.59% | 60.69% | |||||
| Operating Profit Margin TTM | 12.35% | 13.47% | 15.00% | 12.85% | 12.97% | 13.36% | 14.37% | 17.20% | 17.45% | 16.72% | 16.56% | 16.51% | |||||
| Net Profit Margin TTM | 10.20% | 10.74% | 12.26% | 10.40% | 11.26% | 12.65% | 13.27% | 16.01% | 16.12% | 14.37% | 13.76% | 13.07% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 6.15% | 5.44% | 4.21% | 3.98% | 3.51% | 4.70% | 5.92% | 7.26% | 7.01% | 5.40% | 4.19% | 2.48% | |||||
| Net Income Growth (1Y) | -3.86% | -10.47% | -3.67% | -32.48% | -27.68% | -7.80% | 2.13% | 31.45% | 28.42% | 4.57% | -7.24% | -21.66% | |||||
| EPS Growth (1Y) | -1.36% | -6.79% | 1.60% | -28.97% | -26.43% | -7.12% | 2.07% | 31.27% | 31.82% | 9.09% | -2.73% | -17.56% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 38.34 | 28.07 | 21.46 | 27.19 | 26.51 | 28.68 | 29.05 | 21.81 | 26.35 | 32.96 | 31.30 | 28.57 | |||||
| P/B | 3.40 | 2.55 | 2.30 | 2.58 | 2.62 | 2.97 | 3.19 | 2.88 | 3.56 | 3.93 | 3.73 | 3.19 | |||||
| P/S TTM | 3.91 | 3.01 | 2.63 | 2.83 | 2.99 | 3.63 | 3.85 | 3.49 | 4.25 | 4.74 | 4.31 | 3.73 | |||||
| Market Cap | 16.68B | 12.69B | 10.88B | 11.55B | 12.00B | 14.48B | 15.29B | 13.72B | 16.49B | 18.05B | 16.13B | 13.67B | |||||
| Enterprise Value | 20.17B | 15.86B | 14.05B | 14.80B | 14.45B | 17.51B | 18.26B | 16.81B | 19.56B | 21.10B | 19.20B | 15.67B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 1.09B | 1.01B | 1.03B | 977.68M | 1.00B | 1.13B | 1.20B | 1.14B | 1.06B | 890.53M | 847.99M | 940.55M | |||||
| Net Debt | 3.49B | 3.17B | 3.17B | 3.25B | 2.45B | 3.03B | 2.97B | 3.09B | 3.07B | 3.05B | 3.07B | 2.01B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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