AKAMNasdaqServices-Business Services, NECFiscal year ends December 31
AKAMAI TECHNOLOGIES INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$87.25−0.56 (-0.64%)
Close on Oct 19, 2026
- Market cap
- $13.41B
- P/E (TTM)
- 31.4
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
58.9%−5.6 pts over 5 years
Operating margin
13.5%−7.1 pts over 5 years
Net margin
10.7%−6.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +5.4% | +5.2% | +5.6% | +6.7% | |
| Gross profit | +4.7% | +3.6% | +3.7% | +5.4% | |
| Operating income | +6.3% | -5.7% | -3.0% | +2.0% | |
| Net income | -10.5% | -4.8% | -4.1% | +3.5% | |
| EPS, diluted | -6.1% | -2.0% | -1.8% | +5.6% | |
| Free cash flow | -10.4% | -0.7% | +7.6% | +7.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.0% | 14.1% | 9.2% | |
| Return on assets | 7.5% | 7.5% | 4.1% | |
| Current ratio | 3.50 | 2.54 | 2.36 | |
| Interest coverage | 25.0× | 9.5× | 18.4× | |
| Capex to revenue | 7.7% | 16.1% | 12.1% | |
| Diluted shares | 176M | 165M | 147M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Akamai Technologies generated $7.07B from operations and spent $5.07B on capital expenditure, dividends and share buybacks. 38% of that went back into the business.
Generated
$7.07B
Used
$5.07B
Capital expenditure$1.93B38%Dividends$00%Share buybacks$3.14B62%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin10.7%
×Asset turnover0.39×
×Equity multiplier2.22×
=Return on equity, FY20259.2%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 10.7% | 0.39× | 2.22× | 9.2% |
| FY2024 | 12.7% | 0.39× | 2.14× | 10.7% |
| FY2023 | 14.4% | 0.42× | 2.03× | 12.2% |
| FY2022 | 14.5% | 0.44× | 1.85× | 11.8% |
| FY2021 | 18.8% | 0.44× | 1.81× | 14.8% |
| FY2020 | 17.4% | 0.43× | 1.87× | 14.1% |
| FY2019 | 16.5% | 0.46× | 1.82× | 14.0% |
| FY2018 | 11.0% | 0.54× | 1.54× | 9.1% |
| FY2017 | 8.9% | 0.55× | 1.36× | 6.7% |
| FY2016 | 13.7% | 0.55× | 1.33× | 10.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$452.03M
- Cash generatingOperating cash flow above zero$1.52B
- Return on assets improvedROA up on the prior year5.1% → 4.4%
- Earnings backed by cashOperating cash flow above net income$1.52B vs $452.03M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose1.23 → 2.36
- No dilutionShare count did not rise154M → 147M
- Gross margin improvedGross margin up on the prior year59.39% → 58.95%
- More efficientAsset turnover rose0.40 → 0.41