AKAM Q1 2024 Earnings — Akamai Technologies, Inc. Revenue & Financial Results | Market Cap Arena

AKAMAkamai Technologies, Inc.

$15B

Q1 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$987M+7.8% YoY

Gross Profit

$592M60.0% margin

Operating Income

$167M16.9% margin

Net Income

$175M17.8% margin

EPS (Diluted)

$1.11

QoQ Revenue Growth

-0.8%

Cash Flow

Operating Cash Flow

$352M

Free Cash Flow

$178M

Stock-Based Comp.

$93M

Balance Sheet

Total Assets

$9.9B

Total Liabilities

$5.3B

Stockholders' Equity

$4.6B

Cash & Equivalents

$468M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$987M	$916M	+7.8%
Gross Profit	$592M	$554M	+6.8%
Operating Income	$167M	$127M	+31.7%
Net Income	$175M	$97M	+80.6%

Geographic Segments

UNITED STATES

$512M52%

International

$475M48%