Financials · AKAM

Akamai Technologies Inc. (AKAM) financials

For the twelve months ended Sep 30, 2026, Akamai Technologies Inc. reported $4.39B of revenue and $387.90M of net income.

Revenue, TTM
$4.39B
Revenue growth, YoY
+6.2%
Net income, TTM
$387.90M
Net income growth, YoY
-23.5%
Net margin
8.8%
Free cash flow, TTM
$545.18M
EPS, diluted, TTM
$2.57
EPS growth, YoY
-24.9%
Cash
$1.15B
Total debt
$6.42B
P/E
29.75
P/S
2.63
Market cap
$11.54B
Annual revenue$4.21B
FY2016FY2025
Annual net income$452.03M
FY2016FY2025
Annual free cash flow$1.01B
FY2016FY2025

AKAM revenue and earnings growth

AKAM revenueQ3 2026$1.12B

Quarter YoY
+6.4%
QoQ
+2.0%
FY YoY
+5.4%
5Y CAGR
+5.6%
10Y CAGR
+6.7%

AKAM revenue was $1.12B in fiscal Q3 2026 (ended Sep 30, 2026), up 6.4% from a year earlier and up 2.0% from the prior quarter. For the full fiscal 2025 it was $4.21B, up 5.4% from fiscal 2024. Compound annual growth was +5.6% over 5 years and +6.7% over 10 years. It rose in each of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

AKAM net incomeQ3 2026$117.10M

Quarter YoY
-16.5%
QoQ
+47.5%
FY YoY
-10.5%
5Y CAGR
-4.1%
10Y CAGR
+3.5%

AKAM net income was $117.10M in fiscal Q3 2026 (ended Sep 30, 2026), down 16.5% from a year earlier and up 47.5% from the prior quarter. For the full fiscal 2025 it was $452.03M, down 10.5% from fiscal 2024. Compound annual growth was -4.1% over 5 years and +3.5% over 10 years. It rose in 5 of the last 10 fiscal years.

AKAM EPSQ3 2026$0.77

Quarter YoY
-20.6%
QoQ
+48.1%
FY YoY
-6.1%
5Y CAGR
-1.8%
10Y CAGR
+5.6%

AKAM diluted EPS was $0.77 in fiscal Q3 2026 (ended Sep 30, 2026), down 20.6% from a year earlier and up 48.1% from the prior quarter. For the full fiscal 2025 it was $3.07, down 6.1% from fiscal 2024. Compound annual growth was -1.8% over 5 years and +5.6% over 10 years.

AKAM free cash flowQ3 2026-$81.87M

FY YoY
-10.4%
5Y CAGR
+7.6%
10Y CAGR
+7.7%

AKAM free cash flow was -$81.87M in fiscal Q3 2026 (ended Sep 30, 2026), compared with $329.05M a year earlier. For the full fiscal 2025 it was $1.01B, down 10.4% from fiscal 2024. Compound annual growth was +7.6% over 5 years and +7.7% over 10 years. It rose in 5 of the last 10 fiscal years.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$4.21B$3.99B$3.81B$3.62B$3.46B$3.20B$2.89B$2.71B$2.49B$2.35B
Cost of revenue$1.73B$1.62B$1.51B$1.38B$1.27B$1.13B$987.62M$953.49M$875.84M$809.11M
Gross profit$2.48B$2.37B$2.30B$2.23B$2.19B$2.07B$1.91B$1.76B$1.61B$1.54B
Research and development$513.56M$470.88M$406.05M$391.43M$335.37M$269.31M$261.37M$246.16M$222.43M$167.63M
Selling, general and admin$656.74M$621.78M$600.85M$584.21M$553.02M$547.89M$516.09M$574.07M$509.17M$439.92M
Operating income$566.94M$533.41M$637.34M$676.27M$783.15M$658.53M$548.92M$362.50M$314.29M$466.51M
Interest expense$30.76M$27.12M$17.71M$11.10M$72.33M$69.12M$49.36M$43.20M$18.84M$18.64M
Pre-tax income$602.40M$587.01M$652.53M$658.00M$728.22M$616.08M$532.48M$343.09M$314.19M$466.36M
Income tax$150.37M$82.09M$106.37M$126.70M$62.57M$45.92M$53.35M$44.72M$91.43M$145.63M
Net income$452.03M$504.92M$547.63M$523.67M$651.64M$557.05M$478.04M$298.37M$222.77M$320.73M
EPS, basic$3.11$3.34$3.59$3.29$4.01$3.43$2.94$1.78$1.30$1.83
EPS, diluted$3.07$3.27$3.52$3.26$3.93$3.37$2.90$1.76$1.29$1.82
Diluted shares147.0M154.3M155.4M160.5M165.8M165.2M164.6M169.2M172.7M176.2M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$930.23M$519.08M$489.47M$543.02M$537.75M$353.47M$394.15M$1.04B$314.43M$324.63M
Short-term investments$256.30M$1.08B$374.97M$562.98M$541.47M$745.16M$1.14B$855.65M--
Receivables$793.67M$727.69M$724.30M$679.21M$675.93M$660.05M$551.94M$479.89M$461.46M$368.60M
Current assets$2.29B$2.58B$1.80B$1.97B$1.92B$1.93B$2.23B$2.54B$1.35B$1.31B
Goodwill$3.21B$3.15B$2.85B$2.76B$2.16B$1.67B$1.60B$1.49B$1.50B$1.23B
Total assets$11.48B$10.37B$9.90B$8.30B$8.14B$7.76B$7.01B$5.46B$4.65B$4.37B
Current liabilities$967.52M$2.09B$836.04M$818.87M$790.34M$758.17M$693.34M$1.21B$456.69M$374.59M
Long-term debt$4.11B$2.40B$3.54B$2.29B$1.98B$1.91B$1.84B$874.08M$662.91M$640.09M
Total debt$4.11B$2.40B$3.54B$2.29B$1.98B$1.91B$1.84B$874.08M$662.91M$640.09M
Total liabilities$6.50B$5.49B$5.30B$3.94B$3.61B$3.51B$3.35B$2.27B$1.29B$1.15B
Shareholders' equity$4.98B$4.88B$4.60B$4.36B$4.53B$4.25B$3.66B$3.19B$3.36B$3.27B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$1.52B$1.52B$1.35B$1.27B$1.40B$1.22B$1.06B$1.01B$800.98M$871.81M
Capital expenditures$507.79M$390.43M$457.91M$241.27M$328.97M$514.31M$359.67M$217.61M$254.15M$180.95M
Free cash flow$1.01B$1.13B$890.53M$1.03B$1.08B$700.69M$698.64M$790.72M$546.84M$690.86M
Investing cash flow-$540.74M-$798.68M-$1.85B-$622.31M-$646.90M-$1.04B-$1.67B-$506.53M-$459.17M-$469.43M
Financing cash flow-$588.04M-$679.63M$443.38M-$634.18M-$562.00M-$223.64M-$35.68M$233.61M-$365.00M-$359.78M
Share repurchases$799.96M$557.47M$654.05M$608.01M$522.25M$193.59M$334.52M$750.00M$361.19M$373.79M
Stock-based compensation$459.40M$393.38M$328.47M$217.19M$202.76M$197.41M$187.14M$183.81M$164.31M$144.51M
Depreciation and amortization$708.61M$648.41M$570.78M$592.75M$550.63M$478.39M$440.67M$434.52M$372.31M$334.30M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY5.4%4.7%5.4%4.5%8.2%10.5%6.6%9.1%6.0%6.9%
Net income growth, YoY-10.5%-7.8%4.6%-19.6%17.0%16.5%60.2%33.9%-30.5%-0.2%
EPS growth, YoY-6.1%-7.1%8.0%-17.0%16.6%16.2%64.8%36.4%-29.1%2.2%
Gross margin58.9%59.4%60.4%61.7%63.3%64.6%65.9%64.9%64.8%65.5%
Operating margin13.5%13.4%16.7%18.7%22.6%20.6%19.0%13.4%12.6%19.9%
Net margin10.7%12.7%14.4%14.5%18.8%17.4%16.5%11.0%8.9%13.7%
Free cash flow margin24.0%28.3%23.4%28.6%31.1%21.9%24.1%29.1%22.0%29.4%
Return on equity9.1%10.4%11.9%12.0%14.4%13.1%13.1%9.3%6.6%9.8%
Return on assets3.9%4.9%5.5%6.3%8.0%7.2%6.8%5.5%4.8%7.3%
Current ratio2.361.232.162.412.432.543.222.092.953.50
Debt to equity0.820.490.770.520.440.450.500.270.200.20

Source: XBRL data Akamai Technologies Inc. files with the SEC, latest filing dated Nov 6, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

AKAM peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
AKAM$4.39B+6.2%$387.90M8.8%$11.54B
V$45.90B+14.8%$23.50B51.2%$761.17B
MA$36.29B+15.3%$16.96B46.7%$571.32B
BABACN¥1.02T+2.7%CN¥103.59B10.1%$255.28B
ACN$74.18B+6.5%$8.37B11.3%$170.10B
UBER$56.53B+13.9%$3.46B6.1%$145.32B
PDDCN¥431.85B+9.7%CN¥97.84B22.7%$114.58B
DASH$17.06B+35.0%$1.06B6.2%$78.89B
MELI$38.52B+47.1%$1.89B4.9%$77.70B

AKAM FAQ

9 questions
  • What is AKAM revenue?
    Akamai Technologies Inc. (AKAM) reported $4.39B of revenue for the twelve months ended Sep 30, 2026. That is up 6.2% from the year before. Revenue for fiscal 2025 was $4.21B.
  • Is AKAM profitable?
    Yes. Akamai Technologies Inc. earned $387.90M in net income for the twelve months ended Sep 30, 2026, a net margin of 8.8%.
  • How much cash and debt does AKAM have?
    Akamai Technologies Inc. reported $1.15B in cash and cash equivalents and $6.42B of debt on its most recent balance sheet in SEC filings.
  • How fast is AKAM revenue growing?
    Akamai Technologies Inc.'s revenue changed +5.4% in fiscal 2025, to $4.21B. Its compound annual growth rate was +5.6% over 5 years and +6.7% over 10 years.
  • What is AKAM gross margin?
    Akamai Technologies Inc.'s gross profit was $2.48B on $4.39B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 56.4%.
  • What is AKAM free cash flow?
    Akamai Technologies Inc. generated $545.18M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $1.44B less capital expenditures.
  • What is AKAM earnings per share?
    Diluted earnings per share were $2.57 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did AKAM last report financial results?
    The latest statements here come from Akamai Technologies Inc.'s 10-Q filed on Nov 6, 2026, covering the period ended Sep 30, 2026.
  • Where does this AKAM financial data come from?
    Quantisnow builds these statements from the structured XBRL data Akamai Technologies Inc. files with the SEC. It is provided for information only and is not investment advice.