Business Description
Akamai Technologies, Inc. provides cloud services for securing, delivering, and optimizing content and business applications over the internet in the United States and internationally. The company offers cloud solutions to keep infrastructure, websites, applications, application programming interfaces, and users safe from various cyberattacks and online threats while enhancing performance. It also provides web and mobile performance solutions to enable dynamic websites and applications; 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; and edge compute solutions to enable developers to deploy and distribute code at the edge. In addition, the company offers carrier offerings, including cybersecurity protection, parental controls, DNS infrastructure and content delivery solutions; and an array of service and support to assist customers with integrating, configuring, optimizing, and managing its offerings. It sells its solutions through direct sales and service organizations, as well as through various channel partners. Akamai Technologies, Inc. was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.
Business History
Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): 3.11
Total Equity: $4.98B
Shares: 147,023,000
Total Debt: $5.68B
Cash: $930.23M
EBITDA: $1.34B
Total Debt: $5.68B
Cash: $930.23M
Revenue: $4.21B
Revenue: $4.21B
Revenue: $4.21B
Total Equity: $4.98B
Tax Rate: 25.0%
Equity: $4.98B
Total Debt: $5.68B
Cash: $930.23M
Current Liabilities: $967.52M
Long-Term Debt: $5.34B
Total Debt: $5.68B
Total Equity: $4.98B
Shares: 147,023,000
Shares: 147,023,000
CapEx: -$819.50M
Shares: 147,023,000
Stock Price: $147.71
Net Income: $452.03M
Industry Benchmarks
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
Income Statement (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.6B | $3.8B | $4.0B | $4.2B |
| Cost of Revenue | $1.3B | $1.4B | $1.5B | $1.6B | $1.9B |
| Gross Profit | $2.2B | $2.2B | $2.3B | $2.4B | $2.3B |
| Operating Expenses | $1.4B | $1.6B | $1.7B | $1.8B | $1.7B |
| Operating Income | $783.1M | $676.3M | $637.3M | $533.4M | $628.2M |
| Net Income | $651.6M | $523.7M | $547.6M | $504.9M | $452.0M |
| EBITDA | $1.4B | $1.3B | $1.2B | $1.3B | $1.3B |
| EPS | $4.01 | $3.29 | $3.59 | $3.34 | $3.11 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $536.7M | $542.3M | $489.5M | $517.7M | $930.2M |
| Total Current Assets | $1.9B | $2.0B | $1.8B | $2.6B | $2.2B |
| Total Assets | $8.1B | $8.3B | $9.9B | $10.4B | $11.5B |
| Current Liabilities | $790.3M | $818.9M | $836.0M | $2.1B | $967.5M |
| Long-Term Debt | $2.0B | $2.3B | $3.5B | $2.4B | $5.3B |
| Total Liabilities | $3.6B | $3.9B | $5.3B | $5.5B | $6.5B |
| Total Equity | $4.5B | $4.4B | $4.6B | $4.9B | $5.0B |
| Retained Earnings | $1.3B | $1.9B | $2.5B | $3.0B | $3.4B |
Cash Flow (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1.4B | $1.3B | $1.3B | $1.5B | $1.5B |
| Capital Expenditure | -$545.2M | -$458.3M | -$730.0M | -$685.3M | -$819.5M |
| Free Cash Flow | $859.3M | $816.4M | $618.4M | $833.9M | $699.3M |
| Acquisitions (net) | -$598.8M | -$872.1M | -$106.2M | -$434.1M | -$55.1M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$522.3M | -$608.0M | -$654.0M | -$557.5M | -$800.0M |
| Net Change in Cash | $184.3M | $5.3M | -$52.6M | $28.6M | $412.5M |
Analyst Estimates (Annual)
| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$4.9B $4.9B – $5.1B
|
$5.4B $5.3B – $5.5B
|
$6.0B $5.9B – $6.1B
|
$6.5B $6.4B – $6.7B
|
| EBITDA |
$1.7B $1.7B – $1.7B
|
$1.8B $1.8B – $1.9B
|
$2.0B $2.0B – $2.1B
|
$2.2B $2.2B – $2.3B
|
| Net Income |
$1.0B $1.0B – $1.1B
|
$1.1B $809.2M – $1.4B
|
$1.2B $1.2B – $1.2B
|
$1.4B $1.3B – $1.4B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +4.5% | +5.4% | +4.7% | +5.4% |
| Gross Profit Growth | +1.9% | +3.0% | +3.0% | -2.9% |
| Operating Income Growth | -13.6% | -5.8% | -16.3% | +17.8% |
| Net Income Growth | -19.6% | +4.6% | -7.8% | -10.5% |
| EBITDA Growth | -6.6% | -1.7% | +1.7% | +6.3% |