AKAM financial statements
The full income statement, balance sheet, and cash-flow statement for Akamai Technologies Inc. (AKAM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 4.21B+5.4% | 3.99B+4.7% | 3.81B+5.4% | 3.62B+4.5% | 3.46B+8.2% | |
| Cost of revenue | 1.73B+6.6% | 1.62B+7.3% | 1.51B+9.2% | 1.38B+9.1% | 1.27B+12.0% | |
| Research & development | 514M+9.1% | 471M+16.0% | 406M+3.7% | 391M+16.7% | 335M+24.5% | |
| Selling, general & administrative | 657M+5.6% | 622M+3.5% | 601M+2.8% | 584M+5.6% | 553M+0.9% | |
| General & administrative | 657M+5.6% | 622M+3.5% | 601M+2.8% | 584M+5.6% | 553M+0.9% | |
| Selling & marketing | 574M+3.1% | 557M+4.4% | 533M+6.1% | 502M+8.8% | 462M-9.5% | |
| Restructuring | 58.1M-39.2% | 95.4M+68.5% | 56.6M+318.7% | 13.5M | — | |
| Amortization of intangibles | 111M+20.6% | 92.1M+37.9% | 66.8M+2.7% | 65.0M+35.3% | 48.0M+14.2% | |
| Provision for credit losses | 16.1M+131.7% | 6.95M-48.2% | 13.4M+44.5% | 9.29M+103.1% | 4.58M-62.9% | |
| Operating income | 567M+6.3% | 533M-16.3% | 637M-5.8% | 676M-13.6% | 783M+18.9% | |
| Interest expense | 30.8M+13.4% | 27.1M+53.1% | 17.7M+59.6% | 11.1M-84.7% | 72.3M+4.6% | |
| Interest & investment income | — | — | — | 3.26M-79.1% | 15.6M-46.4% | |
| Other non-operating income | -4.59M+76.5% | -19.6M-59.1% | -12.3M-17.9% | -10.4M-684.5% | 1.78M+172.7% | |
| Equity-method income | 0.00 | 0.00-100.0% | 1.48M+119.3% | -7.63M+45.5% | -14.0M-6.9% | |
| Pre-tax income | 602M+2.6% | 587M-10.0% | 653M-0.8% | 658M-9.6% | 728M+18.2% | |
| Income tax | 150M+83.2% | 82.1M-22.8% | 106M-16.0% | 127M+102.5% | 62.6M+36.3% | |
| Net income | 452M-10.5% | 505M-7.8% | 548M+4.6% | 524M-19.6% | 652M+17.0% | |
| $3.07-6.1% | $3.27-7.1% | $3.52+8.0% | $3.26-17.0% | $3.93+16.6% | ||
| EPS (basic) | $3.11-6.9% | $3.34-7.0% | $3.59+9.1% | $3.29-18.0% | $4.01+16.9% | |
| Weighted-avg shares (basic) | 145M-4.0% | 151M-0.7% | 153M-4.1% | 159M-2.2% | 163M+0.1% | |
| Weighted-avg shares (diluted) | 147M-4.7% | 154M-0.7% | 155M-3.2% | 160M-3.2% | 166M+0.4% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.29B-11.3% | 2.58B+42.8% | 1.80B-8.4% | 1.97B+2.6% | 1.92B-0.5% | ||
| Cash & equivalents | 930M+79.7% | 518M+5.8% | 489M-9.7% | 542M+1.0% | 537M+52.1% | |
| Short-term investments | 256M-76.2% | 1.08B+187.7% | 375M-33.4% | 563M+4.0% | 541M-27.3% | |
| Accounts receivable | 794M+9.1% | 728M+0.5% | 724M+6.6% | 679M+0.5% | 676M+2.4% | |
| Prepaid expenses | 306M+20.7% | 254M+17.5% | 216M+16.8% | 185M+11.3% | 166M-3.0% | |
| Other current assets | 59.2M+27.5% | 46.5M+10.7% | 42.0M+179.8% | 15.0M-10.0% | 16.7M-18.6% | |
| 11.5B+10.7% | 10.4B+4.7% | 9.90B+19.2% | 8.30B+2.0% | 8.14B+4.8% | ||
| Property, plant & equipment | 2.33B+17.0% | 2.00B+9.3% | 1.83B+18.6% | 1.54B+0.4% | 1.53B+3.8% | |
| Operating lease right-of-use | 1.47B+46.0% | 1.01B+10.8% | 909M+11.7% | 813M-0.3% | 816M+2.7% | |
| Goodwill | 3.21B+1.8% | 3.15B+10.5% | 2.85B+3.1% | 2.76B+28.2% | 2.16B+28.8% | |
| Intangible assets | 615M-15.5% | 728M+35.7% | 536M+21.4% | 442M+41.0% | 313M+33.4% | |
| Long-term investments | 733M+166.1% | 276M-80.7% | 1.43B+346.6% | 321M-70.5% | 1.09B-22.2% | |
| Deferred tax assets | 623M+28.9% | 483M+15.5% | 418M+23.9% | 338M+100.6% | 168M+57.4% | |
| Other non-current assets | 213M+40.5% | 151M+21.7% | 124M+6.7% | 117M-18.1% | 142M-3.6% | |
| 968M-53.7% | 2.09B+150.1% | 836M+2.1% | 819M+3.6% | 790M+4.2% | ||
| Accounts payable | 125M-4.1% | 130M-11.2% | 147M+1.0% | 145M+32.3% | 110M-7.3% | |
| Accrued liabilities | 320M-13.8% | 371M+5.3% | 352M-4.0% | 367M-10.8% | 412M+8.2% | |
| Deferred revenue | 151M+1.3% | 149M+38.8% | 108M+2.3% | 105M+21.5% | 86.5M+12.9% | |
| Current lease liability | 337M+29.9% | 259M+16.2% | 223M+13.7% | 196M+11.6% | 176M+13.5% | |
| Other current liabilities | 35.0M+7.8% | 32.5M+404.8% | 6.44M+23.2% | 5.23M-21.1% | 6.62M-76.1% | |
| 6.50B+18.4% | 5.49B+3.5% | 5.30B+34.5% | 3.94B+9.3% | 3.61B+2.7% | ||
| Deferred revenue (non-current) | 17.1M-35.1% | 26.3M+14.4% | 23.0M+4.0% | 22.1M-12.7% | 25.3M+381.6% | |
| Non-current lease liability | 1.23B+48.7% | 830M+7.1% | 775M+11.8% | 693M-2.0% | 707M-1.2% | |
| Deferred tax liabilities | 31.1M+93.5% | 16.1M-34.7% | 24.6M+33.8% | 18.4M-55.1% | 41.0M+9.4% | |
| Other non-current liabilities | 148M+13.4% | 130M+22.8% | 106M+0.8% | 105M+53.2% | 68.7M-23.5% | |
| 4.98B+2.0% | 4.88B+6.1% | 4.60B+5.4% | 4.36B-3.7% | 4.53B+6.6% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 1.50M-3.8% | 1.56M+2.9% | 1.51M-3.4% | 1.56M-2.5% | 1.60M-1.4% | |
| Additional paid-in capital | 2.08B-20.5% | 2.62B+17.8% | 2.22B-13.8% | 2.58B-22.8% | 3.34B-8.8% | |
| Retained earnings | 3.42B+15.2% | 2.97B+20.5% | 2.47B+28.5% | 1.92B+52.8% | 1.26B+107.7% | |
| Treasury stock | 435M-22.1% | 558M | 0.00 | 0.00 | 0.00 | |
| Accumulated other comprehensive income | -94.8M+39.3% | -156M-63.6% | -95.3M+32.1% | -140M-103.1% | -69.1M-242.1% | |
| Total liabilities & equity | 11.5B+10.7% | 10.4B+4.7% | 9.90B+19.2% | 8.30B+2.0% | 8.14B+4.8% | |
| Common shares issued | 150M-3.8% | 156M+2.9% | 151M-3.4% | 156M-2.5% | 161M-1.4% | |
| Common shares outstanding | 145M-3.5% | 150M-0.8% | 151M-3.4% | 156M-2.5% | 161M-1.4% | |
| Shares outstanding (cover) | 145M-3.6% | 150M-0.8% | 152M-3.0% | 156M-2.5% | 160M-1.8% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.52B-0.0% | 1.52B+12.7% | 1.35B+5.8% | 1.27B-9.2% | 1.40B+15.6% | ||
| Depreciation & amortization | 709M+9.3% | 648M+13.6% | 571M-3.7% | 593M+7.6% | 551M+15.1% | |
| Intangible amortization | 111M+20.6% | 92.1M+37.9% | 66.8M+2.7% | 65.0M+35.3% | 48.0M+14.2% | |
| Share-based compensation | 459M+16.8% | 393M+19.8% | 328M+51.2% | 217M+7.1% | 203M+2.7% | |
| Deferred income taxes | 26.7M+137.9% | -70.3M-205.7% | -23.0M+78.1% | -105M-119.6% | -47.8M-41.3% | |
| Change in receivables | 59.4M+166.5% | 22.3M-54.7% | 49.2M+131.9% | 21.2M-12.0% | 24.1M-73.3% | |
| -541M+32.3% | -799M+56.8% | -1.85B-197.0% | -622M+3.8% | -647M+38.0% | ||
| Capital expenditure | 508M+30.1% | 390M-14.7% | 458M+89.8% | 241M-26.7% | 329M-36.0% | |
| Free cash flow | 1.01B-10.4% | 1.13B+26.7% | 891M-13.8% | 1.03B-3.9% | 1.08B+53.5% | |
| Acquisitions | 55.1M-87.3% | 434M+308.8% | 106M-87.8% | 872M+45.6% | 599M+367.8% | |
| Sales/maturities of investments | 1.06B+200.7% | 353M-6.1% | 375M+139.6% | 157M-84.2% | 992M-37.9% | |
| Other investing activities | 5.29M+233.2% | -3.97M-165.5% | 6.07M-0.9% | 6.12M+41.6% | 4.32M+153.2% | |
| -588M+13.5% | -680M-253.3% | 443M+169.9% | -634M-12.8% | -562M-151.3% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 800M+43.5% | 557M-14.8% | 654M+7.6% | 608M+16.4% | 522M+169.8% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | -3.00M+71.5% | -10.5M-2817.8% | -360K+8.4% | -393K-46.6% | -268K | |
| FX effect on cash | 22.2M+281.6% | -12.2M-416.5% | 3.87M+129.9% | -12.9M-13.6% | -11.4M-204.0% | |
| Net change in cash | 412M+1340.6% | 28.6M+154.4% | -52.6M-1097.0% | 5.27M-97.1% | 184M+553.0% | |
| Interest paid | 23.3M+14.1% | 20.4M+222.7% | 6.33M+2.8% | 6.16M+7.1% | 5.75M-3.4% | |
| Income taxes paid | 144M+5.3% | 136M+1.4% | 134M-26.9% | 184M+82.9% | 101M+27.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 12.6B-12.1% | 14.4B-19.5% | 17.9B+34.7% | 13.3B-29.4% | 18.8B+9.5% | |
| P/E | 28.0×-1.8% | 28.5×-17.8% | 34.6×+45.2% | 23.9×-17.1% | 28.8×-6.4% | |
| P/S | 3.0×-16.6% | 3.6×-24.4% | 4.8×+29.3% | 3.7×-32.0% | 5.4×+1.2% | |
| P/B | 2.5×-13.8% | 2.9×-28.6% | 4.1×+33.3% | 3.1×-25.3% | 4.1×+2.8% | |
| P/FCF | 12.5×-1.8% | 12.7×-39.5% | 21.1×+71.5% | 12.3×-29.7% | 17.4×-28.7% | |
| Earnings yield | 3.6%+1.8% | 3.5%+21.7% | 2.9%-31.1% | 4.2%+20.7% | 3.5%+6.8% | |
| FCF yield | 8.0%+1.9% | 7.9%+65.3% | 4.8%-41.7% | 8.1%+42.2% | 5.7%+40.2% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: AKAM’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AKAM filings on SEC EDGAR → Not investment advice.
