AKAM (Akamai Technologies, Inc.) Stock Financials & Earnings | Market Cap Arena

AKAM (Akamai Technologies, Inc.) Stock Financials & Earnings | Market Cap Arena

AKAMAkamai Technologies, Inc.

Mkt Cap$15B

Technology·Software - Infrastructure·🇺🇸 United States·NASDAQ

Revenue (TTM)$4.2B

Net Income (TTM)$452M

EPS (TTM)$3.08

Free Cash Flow (TTM)$699M

Gross Margin57.9%

Op. Margin14.8%

Net Margin10.7%

FCF Margin16.6%

P/S Ratio (TTM)3.6x

P/E Ratio (TTM)33.6x

YoY Rev Growth+5.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$916M	$554M	$127M
Q2 23	$936M	$562M	$150M
Q3 23	$965M	$582M	$176M
Q4 23	$995M	$602M	$185M
Q1 24	$987M	$592M	$167M
Q2 24	$980M	$577M	$148M
Q3 24	$1.0B	$596M	$71M
Q4 24	$1.0B	$606M	$148M
Q1 25	$1.0B	$596M	$155M
Q2 25	$1.0B	$617M	$151M
Q3 25	$1.1B	$625M	$166M
Q4 25	$1.1B	$597M	$151M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	4.2x	28.4x
Q2 23	4.2x	28.9x
Q3 23	4.1x	27.0x
Q4 23	4.0x	27.8x
Q1 24	3.9x	24.3x
Q2 24	3.9x	24.2x
Q3 24	3.8x	28.9x
Q4 24	3.8x	30.1x
Q1 25	3.8x	33.6x
Q2 25	3.7x	35.8x
Q3 25	3.7x	30.0x
Q4 25	3.6x	33.6x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$233M	$11M
Q2 23	$366M	$190M
Q3 23	$359M	$162M
Q4 23	$389M	$255M
Q1 24	$352M	$178M
Q2 24	$431M	$267M
Q3 24	$393M	$207M
Q4 24	$344M	$181M
Q1 25	$251M	$55M
Q2 25	$459M	$235M
Q3 25	$442M	$247M
Q4 25	$367M	$162M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$222M
Q2 23	$176M
Q3 23	$198M
Q4 23	$134M
Q1 24	$174M
Q2 24	$164M
Q3 24	$185M
Q4 24	$163M
Q1 25	$196M
Q2 25	$224M
Q3 25	$195M
Q4 25	$205M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+1.3%	+8.0%
Q2 23	+3.6%	+7.9%
Q3 23	+9.5%	+9.4%
Q4 23	+7.2%	+6.6%
Q1 24	+7.8%	+4.0%
Q2 24	+4.7%	+5.8%
Q3 24	+4.1%	+18.3%
Q4 24	+2.5%	+7.6%
Q1 25	+2.9%	+4.9%
Q2 25	+6.5%	+7.3%
Q3 25	+5.0%	-4.9%
Q4 25	+7.4%	+8.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$62M	6.8%
Q2 23	$87M	9.3%
Q3 23	$87M	9.0%
Q4 23	$92M	9.3%
Q1 24	$93M	9.4%
Q2 24	$98M	10.1%
Q3 24	$103M	10.2%
Q4 24	$99M	9.7%
Q1 25	$112M	11.0%
Q2 25	$113M	10.8%
Q3 25	$115M	10.9%
Q4 25	$119M	10.9%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$92M	$233M	$20M
Q2 23	$99M	$242M	$26M
Q3 23	$106M	$242M	$21M
Q4 23	$109M	$250M	$22M
Q1 24	$117M	$252M	$17M
Q2 24	$113M	$248M	$26M
Q3 24	$120M	$255M	$20M
Q4 24	$120M	$260M	$23M
Q1 25	$124M	$253M	$19M
Q2 25	$126M	$263M	$28M
Q3 25	$125M	$65M	$260M
Q4 25	$139M	$76M	$268M

Rule of 40

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	1.3%	28.9%	30.3
Q2 23	3.6%	31.1%	34.7
Q3 23	9.5%	34.3%	43.8
Q4 23	7.2%	35.6%	42.9
Q1 24	7.8%	35.6%	43.4
Q2 24	4.7%	33.7%	38.4
Q3 24	4.1%	24.3%	28.4
Q4 24	2.5%	33.2%	35.7
Q1 25	2.9%	34.9%	37.7
Q2 25	6.5%	32.0%	38.5
Q3 25	5.0%	36.8%	41.7
Q4 25	7.4%	28.0%	35.3

Revenue Segments

Quarter	Reportable Segment
Q1 25	$1.0B
Q2 25	$1.0B
Q3 25	$1.1B
Q4 25	$1.1B

Revenue by Geography

Quarter	International	United States	Non-US
Q1 23	$442M	$474M	—
Q2 23	$456M	$480M	—
Q3 23	—	$499M	$467M
Q1 24	$475M	$512M	—
Q2 24	—	$509M	$471M
Q3 24	—	$525M	$480M
Q1 25	—	$529M	$486M
Q2 25	—	$528M	$516M
Q3 25	—	$530M	$525M
Q4 25	—	$553M	$542M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$299M	$453M	$752M
Q2 23	$299M	$492M	$791M
Q3 23	$460M	$479M	$939M
Q4 23	$489M	$375M	$864M
Q1 24	$468M	$1.2B	$1.7B
Q2 24	$448M	$1.2B	$1.6B
Q3 24	$570M	$1.1B	$1.7B
Q4 24	$518M	$1.1B	$1.6B
Q1 25	$1.1B	$224M	$1.3B
Q2 25	$850M	$116M	$967M
Q3 25	$928M	$191M	$1.1B
Q4 25	$930M	$256M	$1.2B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	156M	-0.8%
Q2 23	153M	-1.7%
Q3 23	155M	+1.0%
Q4 23	157M	+1.3%
Q1 24	157M	+0.3%
Q2 24	154M	-2.5%
Q3 24	155M	+0.8%
Q4 24	153M	-1.1%
Q1 25	151M	-1.3%
Q2 25	145M	-3.8%
Q3 25	147M	+1.2%
Q4 25	147M	-0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$799K	2K
FY 15	$765K	3K
FY 16	$745K	3K
FY 17	$693K	4K
FY 18	$742K	4K
FY 19	$795K	4K
FY 20	$382K	8K
FY 21	$398K	9K
FY 22	$369K	10K
FY 23	$372K	10K
FY 24	$373K	11K
FY 25	$383K	11K