FirmAtlas
Company handbook · AKAM · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
AKAM · CIK 1086222 · LATEST FILING: 10-Q JUN '26 · FILED AUG 7, 2026
Akamai Technologies, Inc.
$87.81
−4.51 (−4.89%)
Close, Oct 16, 2026 · 52-week $71–165
Last fiscal year
Akamai Technologies, Inc. reported revenue of $4.2B for the year ended Dec 31, 2025 (FY25), up 5.4% from FY24. Net income was $452M, operating cash flow $1.5B and free cash flow $1.0B. Source: 10-K filed Feb 20, 2026.
Market cap
$12.7B
P/E
30.9
EV/EBITDA
9.0x
P/B
2.7
ROIC
12.0%
Revenue 1Y
5.4%/yr
EPS 1Y
−6.1%/yr
Shares 1Y
−4%
Loading chart…
Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOF. Thomson Leighton
HQCambridge, MA
AuditorPricewaterhouseCoopers LLP
Employees11,000
Year endsDecember
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
4.9%
−3.8%
−6.5%
20.4%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$2.7B deployed
Capex
$898M
32.7%
Acquisitions
$489M
17.8%
Buybacks
$1.4B
49.5%
Operating cash flow over the period: $3.0B. Total debt changed by $0M. R&D of $984M is already inside operating costs.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
3,991
4,208+5.4%
4,323
YoY
+5.4%
Gross profit
2,370
2,481+4.7%
2,484
Gross margin
59.4%
58.9%−0.4 pp
—
Operating income
533
567+6.3%
456
Operating margin
13.4%
13.5%+0.1 pp
—
EBITDA
1,182
1,276+7.9%
—
EBITDA margin
29.6%
30.3%+0.7 pp
—
Interest expense
27
31+13.4%
—
Interest coverage
43.58x
41.47x−2.11x
—
Net income
505
452−10.5%
411
YoY
−10.5%
Net margin
12.7%
10.7%−1.9 pp
—
EPS (diluted, $)
3.27
3.07−6.1%
2.79
YoY
−6.1%
Balance sheet
Total assets
10,369
11,480+10.7%
15,073
Cash & short-term investments
1,598
1,188−25.7%
—
Accounts receivable
728
794+9.1%
—
Net PP&E
1,995
2,333+17.0%
—
Other assets
6,048
7,165+18.5%
—
Total liabilities
5,490
6,502+18.4%
10,325
Accounts payable
130
125−4.1%
—
Other liabilities
5,360
6,377+19.0%
—
Shareholders’ equity
4,878
4,977+2.0%
4,749
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
1,519
1,519−0.0%
1,447
Net income
505
452−10.5%
—
Depreciation & amortization
648
709+9.3%
—
Stock-based compensation
393
459+16.8%
—
Working capital & other
(28)
(101)n/m
—
Cash from investing
(799)
(541)n/m
—
Capex
(390)
(508)n/m
—
Acquisitions
(434)
(55)n/m
—
Investments bought
(236)
(965)n/m
—
Investments sold / matured
353
1,060+200.7%
—
Other investing
(91)
(74)n/m
—
Cash from financing
(680)
(588)n/m
—
Debt repaid
0
(1,150)n/m
—
Buybacks
(557)
(800)n/m
—
Other financing
(122)
1,362n/m
—
Net change in cash
29
412+1340.6%
—
Free cash flow (OCF − capex)
1,129
1,011−10.4%
956
Where the cash went
Operating cash flow
1,519
1,519−0.0%
1,447
Reinvested in the business
824
563−31.7%
—
% of operating cash flow
54.3%
37.1%
Capex
390
508+30.1%
491
Acquisitions
434
55−87.3%
—
R&D (memo, already in costs)
471
514+9.1%
—
Free cash flow
1,129
1,011−10.4%
956
YoY
−10.4%
Returned to shareholders
557
800+43.5%
—
% of free cash flow
49.4%
79.1%
Buybacks
557
800+43.5%
—
FCF conversion (FCF ÷ net income)
223.5%
223.7%+0.1 pp
—
Owner earnings
—
581
—
Owner earnings margin
—
13.8%
—
Returns & ratios
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
1,055
1,095
1,074
1,100
vs year-ago quarter
Gross profit
625
642
602
614
Gross margin
59.3%
58.7%
56.1%
55.8%
Operating income
166
95
114
80
Net income
140
85
106
79
vs year-ago quarter
Net margin
13.3%
7.8%
9.9%
7.2%
EPS (diluted, $)
0.97
0.59
0.71
0.52
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
10,833
11,480
11,646
15,073
Cash & equivalents
931
1,188
627
1,482
Shareholders’ equity
4,732
4,977
4,909
4,749
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
442
367
313
326
Capex
113
132
102
145
Free cash flow
329
235
211
181
vs year-ago quarter