Akamai Technologies
AKAM Nasdaq· Internet Services & Infrastructure
Last close · Oct 26, 2026
$98.50
KIRA · Stoqly’s AI analyst, in plain words
- Akamai Technologies had $4.2B of revenue in fiscal 2025, up 5.4% on the year before. Over five years, revenue changed +5.6% a year on average.
- Its operating margin was 13.5%, up 0.1 pts: of every 100 in sales, about 13 is left after running the business.
- Akamai Technologies made $452M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 6.0% a year.
- Free cash flow was $1.0B in fiscal 2025, 24.0% of revenue.
- Akamai Technologies returned $800M to shareholders in fiscal 2025, 79% of free cash flow. The diluted share count fell 4.7%.
- Akamai Technologies owes $2.9B more than it holds in cash, about 2.3 years of operating profit.
Market cap
$15.1B
P/E
35.6x
Revenue
$4.2B
Net income
$452M
Free cash flow
$1.0B
Operating margin
13.5%
Akamai Technologies in 30 seconds · fiscal 2025
Are sales growing?
+5.4%
Yes. Sales grew 5.4% last year.
Does it make a profit?
10.7%
Yes. It keeps 10.7% of every sale as profit.
Does profit turn into cash?
24.0%
Yes. 24.0% of sales ends up as free cash.
Is debt under control?
2.3x
Keep an eye on it. Repaying its debt would take 2.3 years of operating profit.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
35.6x
One share costs 35.6 times its yearly profit per share. Typical for its sector: 33.0x.
What Akamai Technologies does
Akamai sells internet services that help businesses and government agencies keep their websites, apps and networks secure, fast and running. It runs a large network of servers spread around the world, with more than 4,300 edge points-of-presence (sites close to users) in over 130 countries at the end of 2025. Its customers include companies such as Airbnb, eBay, Marriott and Spotify, and U.S. federal departments. It sells three main kinds of service, mostly on contracts of a year or longer. Security, its largest line, blocks attacks such as floods of fake traffic, bad bots and break-ins through apps. Delivery speeds up websites and streams video, games and software downloads. Cloud computing rents computing power and storage, now including chips for running AI models close to users. Akamai reports one business segment. It competes with other content delivery, security and cloud computing providers, and expects to face the very large cloud companies more often.
Biggest risks, in its own words
- Slow or flat revenue growth, and failing to keep costs under control.
- Large customers building their own delivery or security tools instead of buying Akamai's.
- Not securing enough network capacity, data center space and equipment to run its network.
- Outages or defects in its products and network, or attacks on its own systems.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 20, 2026
- Legal name
- Akamai Technologies, Inc
- CIK
- 0001086222
Akamai Technologies · AKAM
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $3.5B | $3.6B | $3.8B | $4.0B | $4.2B |
| Revenue growth | 8.2% | 4.5% | 5.4% | 4.7% | 5.4% |
| Gross margin | 63.3% | 61.7% | 60.4% | 59.4% | 59.0% |
| Operating margin | 22.6% | 18.7% | 16.7% | 13.4% | 13.5% |
| Net income | $652M | $524M | $548M | $505M | $452M |
| Net margin | 18.8% | 14.5% | 14.4% | 12.7% | 10.7% |
| Diluted EPS | $3.93 | $3.26 | $3.52 | $3.27 | $3.07 |
| Cash | |||||
| Cash from operations | $1.4B | $1.3B | $1.3B | $1.5B | $1.5B |
| Capital expenditure | $329M | $241M | $458M | $390M | $508M |
| Free cash flow | $1.1B | $1.0B | $891M | $1.1B | $1.0B |
| FCF margin | 31.1% | 28.6% | 23.4% | 28.3% | 24.0% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $522M | $608M | $654M | $558M | $800M |
| Share count change | 0.4% | −3.2% | −3.2% | −0.7% | −4.7% |
| Debt and strength | |||||
| Cash and short-term investments | $1.1B | $1.1B | $864M | $1.6B | $1.2B |
| Debt incl. finance leases | $2.0B | $2.3B | $3.5B | $2.4B | $4.1B |
| Shareholders' equity | $4.5B | $4.4B | $4.6B | $4.9B | $5.0B |
| Net debt / EBITDA | 0.7x | 0.9x | 2.2x | 0.7x | 2.3x |
| Current ratio | 2.4x | 2.4x | 2.2x | 1.2x | 2.4x |
| Interest coverage | 10.8x | 61.0x | 36.0x | 19.7x | 18.4x |
| Returns and quality | |||||
| Return on capital | 13.7% | 10.0% | 8.3% | 7.1% | 6.3% |
| Return on equity | 14.8% | 11.8% | 12.2% | 10.7% | 9.2% |
| Piotroski F-score | 5 | 4 | 6 | 5 | 6 |
| Altman Z'' | 3.4 | 3.4 | 2.8 | 2.5 | 2.9 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$17.1M
11 insiders
Of sales under plans
58%
$9.9M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Akamai Technologies · AKAM
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Akamai Technologies AKAM | $15.1B | 5.4% | 13.5% | 24.0% | 6.3% | 35.6x | 6 |
| GoDaddy GDDY | $14.4B | 8.3% | 22.8% | 31.8% | 30.6% | 16.3x | 5 |
| Cloudflare NET | $117.6B | 29.9% | −9.6% | 13.3% | −29.7% | — | 3 |
| Wix.com WIX | $4.6B | 13.2% | 0.1% | 29.2% | — | — | 7 |
| Verisign VRSN | $27.9B | 6.4% | 67.7% | 64.5% | — | 33.2x | 8 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $98.50 a share, the company is worth $15.1B: 35.6 times its earnings of the last four quarters.
Akamai Technologies grew sales faster than 0 of its 4 similar companies. Its P/E is higher than 2 of 2.
Source: SEC EDGAR XBRL filings (CIK 0001086222). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.