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% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total 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 |
| Operating Income | 711.04 | 703.42 | 636.35 | 628.24 |
| EBITDA | 1,261.85 | 1,241.01 | 1,262.54 | 1,341.78 |
| EBIT | 669.10 | 670.24 | 614.13 | 633.16 |
| Pretax Income | 658 | 652.53 | 587.01 | 602.40 |
| Tax Provision | 126.70 | 106.37 | 82.10 | 150.37 |
| Net Income | 523.67 | 547.63 | 504.92 | 452.03 |
| Net Income Common Stockholders | 523.67 | 547.63 | 504.92 | 452.03 |
| Total Expenses | 2,905.61 | 3,108.50 | 3,354.81 | 3,579.93 |
| Interest Expense | 11.10 | 17.71 | 27.12 | 30.76 |
| Interest Income | 3.26 | 45.19 | 100.28 | 70.81 |
| 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 |
| Normalized EBITDA | 1,296.62 | 1,307.09 | 1,365.48 | 1,403.07 |
| Normalized Income | 551.73 | 602.94 | 593.45 | 498 |
| Market Cap | 14,022.99 | 14,022.99 | 14,022.99 | 14,022.99 |
Technology sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Akamai Technologies, Inc.this co. | AKAM | $13.8B | 31.02β premium | 2.82 | 9.1% | 13.99 |
| PTC Inc. | PTC | $16.3B | 22.24 | 4.27 | 19.2% | 15.46 |
| Trimble Inc. | TRMB | $16.1B | 36.87 | 2.68 | 7.3% | 21.40 |
| Tyler Technologies, Inc. | TYL | $14.7B | 46.58 | 3.97 | 8.5% | 26.38 |
| FormFactor, Inc. | FORM | $12.0B |
| 222.39 |
| 11.68 |
| 5.3% |
| 111.80 |
| GoDaddy Inc. | GDDY | $11.9B | 13.11 | 53.34 | 406.8% | 11.07 |
| Gen Digital Inc. | GEN | $11.8B | 17.93 | 5.08 | 28.3% | 9.30 |
| Zebra Technologies Corporation | ZBRA | $11.6B | 26.73 | 3.12 | 11.7% | 16.15 |
| Gartner, Inc. | IT | $11.3B | 13.94 | 31.77 | 228.0% | 9.11 |
| Peer Median | - | 24.49 | 4.67 | 15.4% | 15.80 | |