Loading…
Akamai Technologies, Inc. engages in the provision of security, delivery, and cloud computing solutions in the United States and internationally. It offers security solutions that include web application and application programming interfaces (API) protection solutions, which protect web, API, and mobile app traffic from attacks; Bot & Abuse portfolio, which provides solutions to help customers protect against threats; full account lifecycle protections including the ability to defend against account takeover and opening abuse, adversarial bot protection, protection against credential stuffing, inventory scalping, and hoarding; and solutions designed to stop persistent scrapers from stealing content; API security, which discovers, audits, and monitors API; and microservice and application component protection that analyzes and protects application traffic that moves between application components. The company also offers cloud computing services, which include compute, storage, and cloud native and networking services; and Akamai App Platform, provides ready-to-run templates that address challenges in deploying, managing and scaling Kubernetes clusters at scale. In addition, it offers delivery solutions that include web and mobile performance solutions, which enables dynamic websites and applications, as well as global traffic management, site acceleration, application load balancing, large-scale load testing, and real-user monitoring; and media delivery solutions, including video streaming and video player services, game and software delivery, broadcast operations, authoritative domain name system, resolution, and data and analytics. Akamai Technologies, Inc. was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $4.2B | $1.3B | $452M | $699M | 9.1% | 5.4% | -10.5% |
| 2024 | $4.0B | $1.3B | $505M | $834M | 10.4% | 4.7% | -7.8% |
| 2023 | $3.8B | $1.2B | $548M | $618M | 11.9% | 5.4% | 4.6% |
| 2022 | $3.6B | $1.3B | $524M | $816M | 12.0% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 3,616.65 | 3,811.92 | 3,991.17 | 4,208.18 |
| Operating Revenue | - | 3,616.65 | 3,811.92 | 3,991.17 | 4,208.18 |
| Cost Of Revenue | - | 1,383.82 | 1,511.06 | 1,620.79 | 1,727.51 |
| Gross Profit | - | 2,232.84 | 2,300.86 | 2,370.38 | 2,480.66 |
| Operating Expense | - | 1,521.80 | 1,597.44 | 1,734.02 | 1,852.42 |
| Research And Development | - | 391.43 | 406.05 | 470.88 | 513.56 |
| Selling General And Administration | - | 984.11 | 1,057.17 | 1,100.96 | 1,154.56 |
| Total Expenses | - | 2,905.61 | 3,108.50 | 3,354.81 | 3,579.93 |
| Operating Income | - | 711.04 | 703.42 | 636.35 | 628.24 |
| Total Operating Income As Reported | - | 676.27 | 637.34 | 533.41 | 566.94 |
| EBITDA | - | 1,261.85 | 1,241.01 | 1,262.54 | 1,341.78 |
| Normalized EBITDA | - | 1,296.62 | 1,307.09 | 1,365.48 | 1,403.07 |
| EBIT | - | 669.10 | 670.24 | 614.13 | 633.16 |
| Interest Income | - | 3.26 | 45.19 | 100.28 | 70.81 |
| Interest Expense | - | 11.10 | 17.71 | 27.12 | 30.76 |
| Net Interest Income | - | -7.84 | 27.48 | 73.16 | 40.05 |
| Other Non Operating Income Expenses | - | -10.43 | -12.30 | -19.56 | -4.59 |
| Other Income Expense | - | -45.20 | -78.38 | -122.50 | -65.89 |
| Interest Income Non Operating | - | 3.26 | 45.19 | 100.28 | 70.81 |
| Interest Expense Non Operating | - | 11.10 | 17.71 | 27.12 | 30.76 |
| Net Non Operating Interest Income Expense | - | -7.84 | 27.48 | 73.16 | 40.05 |
| Pretax Income | - | 658 | 652.53 | 587.01 | 602.40 |
| Tax Provision | - | 126.70 | 106.37 | 82.10 | 150.37 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -6.71 | -10.77 | -14.41 | -15.32 |
| Net Income Continuous Operations | - | 523.67 | 547.63 | 504.92 | 452.03 |
| Net Income From Continuing And Discontinued Operation | - | 523.67 | 547.63 | 504.92 | 452.03 |
| Net Income From Continuing Operation Net Minority Interest | - | 523.67 | 547.63 | 504.92 | 452.03 |
| Net Income | - | 523.67 | 547.63 | 504.92 | 452.03 |
| Net Income Common Stockholders | - | 523.67 | 547.63 | 504.92 | 452.03 |
| Net Income Including Noncontrolling Interests | - | 523.67 | 547.63 | 504.92 | 452.03 |
| Normalized Income | - | 551.73 | 602.94 | 593.45 | 498 |
| Diluted NI Availto Com Stockholders | - | 523.67 | 547.63 | 504.92 | 452.03 |
| Basic Average Shares | - | 159.09 | 152.51 | 151.39 | 145.40 |
| Diluted Average Shares | - | 160.47 | 155.40 | 154.35 | 147.02 |
| Reconciled Depreciation | - | 592.75 | 570.78 | 648.41 | 708.61 |
| Reconciled Cost Of Revenue | - | 930.27 | 1,072.86 | 1,130.65 | 1,196.88 |
| Total Unusual Items | - | -34.77 | -66.08 | -102.94 | -61.30 |
| Total Unusual Items Excluding Goodwill | - | -34.77 | -66.08 | -102.94 | -61.30 |
| Earnings From Equity Interest Net Of Tax | - | -7.64 | 1.48 | 0 | 0 |
| Special Income Charges | - | -34.77 | -66.08 | -102.94 | -61.30 |
| Restructuring And Mergern Acquisition | - | 34.77 | 66.08 | 102.94 | 61.30 |
| Depreciation Amortization Depletion Income Statement | - | 139.21 | 132.57 | 158.26 | 177.98 |
| Depreciation And Amortization In Income Statement | - | 139.21 | 132.57 | 158.26 | 177.98 |
| General And Administrative Expense | - | 905.77 | 968.09 | 1,015.36 | 1,059.01 |
| Other Gand A | - | 207.17 | 212.75 | 216 | 224.96 |
| Salaries And Wages | - | 698.60 | 755.35 | 799.36 | 834.05 |
| Provision For Doubtful Accounts | - | 7.04 | 1.65 | 3.92 | 6.32 |
| Selling And Marketing Expense | - | 78.34 | 89.08 | 85.60 | 95.55 |
| Amortization | - | 64.98 | 66.75 | 92.08 | 111.07 |
| Amortization Of Intangibles Income Statement | - | 64.98 | 66.75 | 92.08 | 111.07 |
| Depreciation Income Statement | - | 74.22 | 65.82 | 66.18 | 66.91 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Akamai Technologies, Inc.this co. | AKAM | $23.1B | 51.13↑ premium | 4.64 | 9.1% | 20.57 |
| VeriSign, Inc. | VRSN | $26.7B | 32.38 | -12.41 | -38.3% | 23.99 |
| Atlassian Corporation | TEAM | $25.8B | -100.35 | 19.14 | -19.1% | 1018.89 |
| Cognizant Technology Solutions Corporation | CTSH | $25.3B | 11.33 | 1.68 | 14.9% | 6.02 |
| HP Inc. | HPQ | $24.1B |
| - |
| - |
| - |
| - |
| - |
| - |
| 9.51 |
| -69.51 |
| -730.9% |
| 7.55 |
| Corpay, Inc. | CPAY | $23.3B | 21.82 | 6.01 | 27.5% | 13.23 |
| F5, Inc. | FFIV | $23.1B | 33.30 | 6.42 | 19.3% | 24.86 |
| Zscaler, Inc. | ZS | $21.9B | -527.34 | 12.16 | -2.3% | 196.82 |
| Fidelity National Information Services, Inc. | FIS | $21.4B | 56.13 | 1.54 | 2.7% | 9.90 |
| Peer Median | - | 16.57 | 3.85 | 0.2% | 18.61 | |