Akamai Technologies Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Akamai Technologies Inc. reported revenue of $4.2B (+5.4% year on year) and net income of $452.0M (-10.5% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenue | $4.2B | $4.0B | $3.8B | $3.6B |
| Cost of revenue (exclusive of amortization of acquired intangible assets shown below) | $1.7B | $1.6B | $1.5B | $1.4B |
| Research and development | $513.6M | $470.9M | $406.0M | $391.4M |
| Sales and marketing | $574.3M | $556.8M | $533.2M | $502.4M |
| General and administrative | $656.7M | $621.8M | $600.9M | $584.2M |
| Amortization of acquired intangible assets | $111.1M | $92.1M | $66.8M | $65.0M |
| Restructuring charge | $58.1M | $95.4M | $56.6M | $13.5M |
| Total costs and operating expenses | $3.6B | $3.5B | $3.2B | $2.9B |
| Income from operations | $566.9M | $533.4M | $637.3M | $676.3M |
| Interest and marketable securities income, net | $70.8M | $100.3M | $45.2M | $3.3M |
| Interest expense | ($30.8M) | ($27.1M) | ($17.7M) | ($11.1M) |
| Other expense, net | ($4.6M) | ($19.6M) | ($12.3M) | ($10.4M) |
| Income before provision for income taxes | $602.4M | $587.0M | $652.5M | $658.0M |
| Provision for income taxes | ($150.4M) | ($82.1M) | ($106.4M) | ($126.7M) |
| Gain from equity method investment | $0 | $0 | $1.5M | ($7.6M) |
| Net income | $452.0M | $504.9M | $547.6M | $523.7M |
| Basic (in dollars per share) | $3.11 | $3.34 | $3.59 | $3.29 |
| Diluted (in dollars per share) | $3.07 | $3.27 | $3.52 | $3.26 |
| Basic (in shares) | 145.4M | 151.4M | 152.5M | 159.1M |
| Diluted (in shares) | 147.0M | 154.3M | 155.4M | 160.5M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | $1.0B |
| Cost of revenue (exclusive of amortization of acquired intangible assets shown below) | $485.9M | $471.3M | $429.5M | $426.5M |
| Research and development | $148.8M | $141.6M | $124.7M | $125.8M |
| Sales and marketing | $170.0M | $157.1M | $144.9M | $146.2M |
| General and administrative | $187.7M | $163.8M | $161.7M | $162.6M |
| Amortization of acquired intangible assets | $25.1M | $25.2M | $27.8M | $27.7M |
| Restructuring charge | $1.8M | $183.0K | ($15.0K) | $3.1M |
| Total costs and operating expenses | $1.0B | $959.1M | $888.6M | $892.0M |
| Income from operations | $80.3M | $114.5M | $166.0M | $151.5M |
| Interest and marketable securities income, net | $31.7M | $17.5M | $18.9M | $14.1M |
| Interest expense | ($9.1M) | ($8.3M) | ($7.9M) | ($8.2M) |
| Other (expense) income, net | ($2.9M) | ($1.8M) | ($3.8M) | ($5.5M) |
| Income before provision for income taxes | $100.0M | $122.0M | $173.2M | $151.9M |
| Provision for income taxes | $20.6M | $15.7M | ($33.0M) | ($48.3M) |
| Net income | $79.4M | $106.3M | $140.2M | $103.6M |
| Basic (in dollars per share) | $0.55 | $0.73 | $0.98 | $0.72 |
| Diluted (in dollars per share) | $0.52 | $0.71 | $0.97 | $0.71 |
| Basic (in shares) | 144.7M | 145.3M | 143.6M | 144.8M |
| Diluted (in shares) | 153.7M | 150.0M | 144.8M | 145.2M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $930.2M | $517.7M | $489.5M | $542.3M |
| Marketable securities | $256.3M | $1.1B | $375.0M | $563.0M |
| Accounts receivable, net of reserves of $7,706 and $3,522 at December 31, 2025 and 2024, respectively | $793.7M | $727.7M | $724.3M | $679.2M |
| Prepaid expenses and other current assets | $306.5M | $253.8M | $216.1M | $185.0M |
| Total current assets | $2.3B | $2.6B | $1.8B | $2.0B |
| Marketable securities | $733.2M | $275.6M | $1.4B | $320.5M |
| Property and equipment, net | $2.3B | $2.0B | $1.8B | $1.5B |
| Operating lease right-of-use assets | $1.5B | $1.0B | $908.6M | $813.4M |
| Acquired intangible assets, net | $614.5M | $727.6M | $536.1M | $441.7M |
| Goodwill | $3.2B | $3.2B | $2.9B | $2.8B |
| Deferred income tax assets | $622.8M | $483.2M | $418.3M | $337.7M |
| Other assets | $212.7M | $151.4M | $124.3M | $116.5M |
| Total assets | $11.5B | $10.4B | $9.9B | $8.3B |
| Accounts payable | $125.1M | $130.4M | $146.9M | $145.4M |
| Accrued expenses | $319.6M | $370.9M | $352.2M | $367.0M |
| Deferred revenue | $151.2M | $149.2M | $107.5M | $105.1M |
| Convertible senior notes | $0 | $1.1B | — | — |
| Operating lease liabilities | $336.6M | $259.1M | $222.9M | $196.1M |
| Other current liabilities | $35.0M | $32.5M | $6.4M | $5.2M |
| Total current liabilities | $967.5M | $2.1B | $836.0M | $818.9M |
| Deferred revenue | $17.1M | $26.3M | $23.0M | $22.1M |
| Deferred income tax liabilities | $31.1M | $16.1M | $24.6M | $18.4M |
| Convertible senior notes | $4.1B | $2.4B | $3.5B | $2.3B |
| Operating lease liabilities | $1.2B | $829.7M | $774.8M | $693.3M |
| Other liabilities | $147.8M | $130.4M | $106.2M | $105.3M |
| Total liabilities | $6.5B | $5.5B | $5.3B | $3.9B |
| Preferred stock, $0.01 par value; 5,000,000 shares authorized; 700,000 shares designated as Series A Junior Participating Preferred Stock; no shares issued or outstanding | 0 | 0 | 0 | 0 |
| Common stock, $0.01 par value; 700,000,000 shares authorized; 149,711,094 shares issued and 144,711,094 shares outstanding at December 31, 2025, and 155,647,988 shares issued and 150,025,096 outstanding at December 31, 2024 | 1.5M | 1.6M | 1.5M | 1.6M |
| Additional paid-in capital | $2.1B | $2.6B | $2.2B | $2.6B |
| Accumulated other comprehensive loss | ($94.8M) | ($156.0M) | ($95.3M) | ($140.3M) |
| Treasury stock, at cost; 5,000,000 shares at December 31, 2025, and 5,622,892 shares at December 31, 2024 | -434.8M | -558.5M | — | — |
| Retained earnings | $3.4B | $3.0B | $2.5B | $1.9B |
| Total stockholders’ equity | $5.0B | $4.9B | $4.6B | $4.4B |
| Total liabilities and stockholders’ equity | $11.5B | $10.4B | $9.9B | $8.3B |
| Common stock, shares issued (in shares) | 149.7M | — | — | — |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $1.5B | $622.4M | $927.9M | $850.3M |
| Marketable securities | $1.9B | $308.1M | $190.8M | $116.3M |
| Accounts receivable, net of reserves of $7,803 and $7,706 at June 30, 2026, and December 31, 2025, respectively | $953.4M | $881.1M | $765.9M | $779.2M |
| Prepaid expenses and other current assets | $341.3M | $319.1M | $282.6M | $288.0M |
| Total current assets | $4.7B | $2.1B | $2.2B | $2.0B |
| Marketable securities | $1.3B | $802.7M | $694.0M | $591.2M |
| Property and equipment, net | $2.6B | $2.4B | $2.3B | $2.2B |
| Operating lease right-of-use assets | $1.7B | $1.7B | $1.0B | $1.1B |
| Acquired intangible assets, net | $564.3M | $589.4M | $647.5M | $675.2M |
| Goodwill | $3.2B | $3.2B | $3.2B | $3.2B |
| Deferred income tax assets | $852.4M | $627.6M | $619.4M | $597.0M |
| Other assets | $217.9M | $215.0M | $196.1M | $191.8M |
| Total assets | $15.1B | $11.6B | $10.8B | $10.5B |
| Accounts payable | $273.4M | $151.4M | $190.0M | $146.6M |
| Accrued expenses | $277.8M | $286.4M | $308.2M | $272.1M |
| Deferred revenue | $200.3M | $203.7M | $162.4M | $179.8M |
| Convertible senior notes | $1.7B | — | $0 | $0 |
| Operating lease liabilities | $370.4M | $369.1M | $281.3M | $271.5M |
| Other current liabilities | $13.8M | $25.1M | $8.4M | $10.5M |
| Total current liabilities | $2.8B | $1.0B | $950.3M | $880.5M |
| Deferred revenue | $21.3M | $19.9M | $23.0M | $25.3M |
| Deferred income tax liabilities | $40.1M | $34.8M | $27.2M | $23.4M |
| Convertible senior notes | $5.9B | $4.1B | $4.1B | $4.1B |
| Operating lease liabilities | $1.4B | $1.4B | $846.6M | $898.6M |
| Other liabilities | $159.3M | $147.8M | $151.2M | $139.8M |
| Total liabilities | $10.3B | $6.7B | $6.1B | $6.1B |
| Preferred stock, $0.01 par value; 5,000,000 shares authorized; 700,000 shares designated as Series A Junior Participating Preferred Stock; no shares issued or outstanding | 0 | 0 | 0 | 0 |
| Common stock, $0.01 par value; 700,000,000 shares authorized; 153,403,797 shares issued and 143,591,450 shares outstanding at June 30, 2026, and 149,711,094 shares issued and 144,711,094 outstanding at December 31, 2025 | 1.5M | 1.5M | 1.6M | 1.6M |
| Additional paid-in capital | $2.3B | $2.1B | $2.8B | $2.7B |
| Accumulated other comprehensive loss | ($116.9M) | ($116.6M) | ($93.3M) | ($87.4M) |
| Treasury stock, at cost, 9,812,347 shares at June 30, 2026, and 5,000,000 shares at December 31, 2025 | -1.0B | -630.5M | -1.3B | -1.3B |
| Retained earnings | $3.6B | $3.5B | $3.3B | $3.2B |
| Total stockholders’ equity | $4.7B | $4.9B | $4.7B | $4.5B |
| Total liabilities and stockholders’ equity | $15.1B | $11.6B | $10.8B | $10.5B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $452.0M | $504.9M | $547.6M | $523.7M |
| Depreciation and amortization | $708.6M | $648.4M | $570.8M | $592.8M |
| Stock-based compensation | $459.4M | $393.4M | $328.5M | $217.2M |
| Provision (benefit) for deferred income taxes | $26.7M | ($70.3M) | ($23.0M) | ($105.0M) |
| Amortization of debt issuance costs | $7.1M | $6.5M | — | — |
| (Gain) loss on investments | ($9.4M) | $5.1M | ($311.0K) | $15.9M |
| Other non-cash reconciling items, net | $47.5M | $65.5M | $50.2M | $31.1M |
| Accounts receivable | ($59.4M) | ($22.3M) | ($49.2M) | ($21.2M) |
| Prepaid expenses and other current assets | ($43.7M) | ($46.1M) | ($18.7M) | ($20.1M) |
| Accounts payable and accrued expenses | ($48.6M) | $344.0K | ($39.8M) | ($26.5M) |
| Deferred revenue | ($13.1M) | $20.7M | $48.0K | $16.7M |
| Other current liabilities | $965.0K | $26.9M | $1.5M | ($5.3M) |
| Other non-current assets and liabilities | ($9.2M) | ($13.8M) | ($24.5M) | $51.1M |
| Net cash provided by operating activities | $1.5B | $1.5B | $1.3B | $1.3B |
| Cash paid for business acquisitions, net of cash acquired | ($55.1M) | ($434.1M) | ($106.2M) | ($872.1M) |
| Cash paid for asset acquisitions | ($29.9M) | ($132.8M) | ($121.0M) | $0 |
| Purchases of property and equipment | ($507.8M) | ($390.4M) | ($457.9M) | ($241.3M) |
| Capitalization of internal-use software development costs | ($311.7M) | ($294.8M) | ($272.1M) | ($217.0M) |
| Purchases of short- and long-term marketable securities | ($964.6M) | ($236.2M) | ($1.5B) | ($18.0M) |
| Proceeds from sales of short- and long-term marketable securities | $273.4M | $333.1M | $201.6M | $575.5M |
| Proceeds from maturities and redemptions of short- and long-term marketable securities | $1.1B | $352.6M | $375.3M | $156.7M |
| Other, net | ($5.3M) | $4.0M | ($6.1M) | ($6.1M) |
| Net cash used in investing activities | ($540.7M) | ($798.7M) | ($1.8B) | ($622.3M) |
| Proceeds from borrowings under revolving credit facility | $250.0M | $0 | $90.0M | — |
| Repayment of borrowings under revolving credit facility | ($250.0M) | $0 | ($90.0M) | — |
| Proceeds from the issuance of convertible senior notes, net of issuance costs | $1.7B | $0 | $1.2B | — |
| Proceeds from the issuance of warrants related to convertible senior notes | $330.9M | $0 | $90.2M | — |
| Purchases of note hedges related to convertible senior notes | ($605.8M) | $0 | ($236.6M) | — |
| Repayment of convertible senior notes | ($1.1B) | — | — | — |
| Proceeds related to the issuance of common stock under stock plans | 62.5M | 61.5M | 63.0M | 56.5M |
| Employee taxes paid related to net share settlement of stock awards | -123.8M | -173.2M | -66.2M | -82.2M |
| Repurchases of common stock | ($800.0M) | ($557.5M) | ($654.0M) | ($608.0M) |
| Other, net | ($3.0M) | ($10.5M) | ($360.0K) | ($393.0K) |
| Net cash (used in) provided by financing activities | ($588.0M) | ($679.6M) | $443.4M | ($634.2M) |
| Effects of exchange rate changes on cash, cash equivalents and restricted cash | $22.2M | ($12.2M) | $3.9M | ($12.9M) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | $412.2M | $28.6M | ($52.6M) | $5.3M |
| Cash, cash equivalents and restricted cash at beginning of year | $519.1M | $490.5M | $543.0M | $537.8M |
| Cash, cash equivalents and restricted cash at end of year | $931.3M | $519.1M | $490.5M | $543.0M |
| Cash paid for interest expense | $23.3M | $20.4M | $6.3M | $6.2M |
| Cash paid for operating lease liabilities | $329.7M | $288.1M | $258.0M | $224.9M |
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities | $743.0M | $356.9M | $333.6M | $202.4M |
| Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses | $55.5M | $55.5M | $65.0M | $80.2M |
| Capitalization of stock-based compensation | $126.0M | $107.5M | $83.7M | $33.1M |
| Cash and cash equivalents | $930.2M | $517.7M | $489.5M | $542.3M |
| Restricted cash | $1.1M | $1.4M | $1.0M | $685.0K |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $185.7M | $106.3M | $367.0M | $226.8M |
| Depreciation and amortization | $369.3M | $183.8M | $526.1M | $349.5M |
| Stock-based compensation | $275.0M | $128.7M | $340.2M | $224.8M |
| (Benefit) provision for deferred income taxes | ($4.5M) | ($1.7M) | $24.3M | $44.1M |
| Amortization of debt issuance costs | $5.2M | $2.1M | $5.2M | $3.3M |
| Gain on investments | $0 | $0 | ($9.3M) | ($9.3M) |
| Other non-cash reconciling items, net | $6.4M | $2.7M | $5.3M | $4.0M |
| Accounts receivable | ($171.8M) | ($94.3M) | ($24.6M) | ($33.1M) |
| Prepaid expenses and other current assets | ($33.3M) | ($10.1M) | ($18.1M) | ($29.7M) |
| Accounts payable and accrued expenses | ($15.1M) | ($42.0M) | ($62.5M) | ($84.5M) |
| Deferred revenue | $54.0M | $56.3M | $3.8M | $23.1M |
| Other current liabilities | ($22.2M) | ($10.4M) | ($24.6M) | ($22.5M) |
| Other non-current assets and liabilities | ($9.9M) | ($8.9M) | $19.4M | $14.0M |
| Net cash provided by operating activities | $638.8M | $312.5M | $1.2B | $710.3M |
| Cash (paid) received for business acquisitions, net of cash acquired | ($37.0K) | — | $790.0K | $790.0K |
| Cash paid for asset acquisition | $0 | $0 | ($29.9M) | ($29.9M) |
| Purchases of property and equipment | ($246.6M) | ($101.7M) | ($376.1M) | ($263.3M) |
| Capitalization of internal-use software development costs | ($171.0M) | ($90.2M) | ($238.7M) | ($156.5M) |
| Purchases of short- and long-term marketable securities | ($2.3B) | ($161.5M) | ($851.3M) | ($669.8M) |
| Proceeds from sales of short- and long-term marketable securities | $5.8M | $5.6M | $266.6M | $266.0M |
| Proceeds from maturities and redemptions of short- and long-term marketable securities | $109.3M | $30.0M | $1.1B | $1.1B |
| Other, net | ($3.1M) | ($1.8M) | ($5.4M) | ($6.5M) |
| Net cash (used in) provided by investing activities | ($2.6B) | ($319.5M) | ($174.4M) | $194.0M |
| Proceeds from borrowings under revolving credit facility | $0 | — | $250.0M | $250.0M |
| Repayment of borrowings under revolving credit facility | $0 | — | ($250.0M) | ($250.0M) |
| Proceeds from the issuance of convertible senior notes, net of issuance costs | $3.5B | — | $1.7B | $1.7B |
| Proceeds from the issuance of warrants related to convertible senior notes | $657.1M | — | $330.9M | $330.9M |
| Purchase of note hedge related to convertible senior notes | ($893.7M) | — | ($605.8M) | ($605.8M) |
| Repayment of convertible senior notes | $0 | — | ($1.1B) | ($1.1B) |
| Proceeds related to the issuance of common stock under stock plans | 36.0M | 21.6M | 48.9M | 29.2M |
| Employee taxes paid related to net share settlement of stock awards | -150.1M | -106.6M | -110.0M | -97.9M |
| Repurchases of common stock | ($615.7M) | ($205.9M) | ($800.0M) | ($800.0M) |
| Other, net | ($1.5M) | ($868.0K) | ($2.1M) | ($2.0M) |
| Net cash provided by (used in) financing activities | $2.5B | ($291.7M) | ($586.3M) | ($593.5M) |
| Effects of exchange rate changes on cash, cash equivalents and restricted cash | $579.0K | ($5.7M) | $20.7M | $21.5M |
| Net increase in cash, cash equivalents and restricted cash | $550.4M | ($304.4M) | $412.2M | $332.4M |
| Cash, cash equivalents and restricted cash at beginning of period | $931.3M | $931.3M | $519.1M | $519.1M |
| Cash, cash equivalents and restricted cash at end of period | $1.5B | $626.9M | $931.3M | $851.5M |
| Cash paid for interest expense | $12.0M | $9.6M | $20.8M | $11.4M |
| Cash paid for operating lease liabilities | $225.1M | $109.4M | $234.3M | $156.0M |
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities | $399.6M | $287.6M | $214.8M | $182.7M |
| Purchases of property and equipment and capitalization of internal-use software development costs included in accounts payable and accrued expenses | $191.2M | $72.0M | $109.0M | $75.6M |
| Capitalization of stock-based compensation | $75.8M | $35.0M | $96.3M | $63.9M |
| Cash and cash equivalents | $1.5B | $622.4M | $927.9M | $850.3M |
| Restricted cash | $1.5M | $4.6M | $3.4M | $1.2M |
Akamai Technologies Inc. score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.