Akamai Technologies, Inc.

AKAM Technology Software Infrastructure

Akamai Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.2 billion, up 5.44% from fiscal 2024. In the quarter to June 2026, revenue grew 5.38%, EPS fell 23.6%, free cash flow fell 57.3% and total debt rose 84.4%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for ten consecutive years.

87.81 4.51 −4.89%
Market cap
$13.3B
P/E
30.8×
Fwd P/E
46.6×
Dividend yield
—
F-score
5/9
Altman Z
2.26
Beneish M
−2.80
Dividend safety
n/a

Insider Decisions trades per month

Total sells 17.11
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 3 2 3 3 11 — — 2 1 — 3 —
Insider Ownership 2.87%

Capital & Financial Ratios $m

Market Cap 13,270.00
Revenue 4,322.83
Net Income 410.97
Free Cash Flow 629.88
Net Debt 4,207.44
Current Ratio 1.64 (at or above 1.5: strong)
Debt/Equity 1.59
P/E ratio 30.81
Fwd P/E 46.60 (above 35: high)
P/S ratio 2.94
P/B ratio 2.68
Past 5Y EPS Growth (1.85%) (below 0%: weak)
This Y EPS Growth (6.20%) (below 0%: weak)
Next Y EPS Growth 0.98%
Next Y revenue growth 6.70%
Next 5Y EPS Growth 6.54%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 50.13%
10-year low 10-year high
P/S against its own 10 years 5.12%
10-year low 10-year high
P/B against its own 10 years 12.57%
10-year low 10-year high
EV/Sales against its own 10 years 18.72%
10-year low 10-year high
EV/FCF against its own 10 years 62.85%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 864 1,597 1,187 3,355
Receivables 724 728 794 953
Inventory — — — —
Other — — — —
1,805 2,578 2,287 4,650
2023 2024 2025 Q'26
Payables 147 130 125 273
ST’ Debt — 1,149 — 1,706
Other 6 33 35 14
836 2,091 968 2,841

Compound Annual Growth %

10y 5y 3y
Sales 6.71% 5.64% 5.18%
Cash Flow 6.71% 4.56% 6.01%
Earnings 3.47% (4.09%) (4.79%)
Book Value 4.78% 3.20% 4.51%

Revenue $m

Mar Jun Sep Dec Year
’26 1,074 1,100 — — —
’25 1,015 1,043 1,055 1,095 4,208
’24 987 980 1,005 1,020 3,991
’23 916 936 965 995 3,812
’22 904 903 882 928 3,617
’21 843 853 860 905 3,461
’20 764 795 793 846 3,198
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 313 326 — — —
’25 251 459 442 367 1,519
’24 352 431 393 344 1,519
’23 233 366 359 389 1,348
’22 222 341 369 341 1,275
’21 250 378 390 387 1,405
’20 223 299 402 291 1,215
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 121 101 — — —
’25 55 235 247 162 699
’24 178 267 207 181 834
’23 11 190 162 255 618
’22 91 223 271 231 816
’21 85 224 273 277 859
’20 8 178 173 124 483
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.71 0.52 — — —
’25 0.82 0.71 0.97 0.58 3.07
’24 1.11 0.86 0.38 0.91 3.27
’23 0.62 0.84 1.04 1.03 3.52
’22 0.73 0.74 0.68 0.82 3.26
’21 0.94 0.94 1.08 0.97 3.93
’20 0.75 0.98 0.95 0.68 3.37
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.9
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 39.43 44.65 58.33 57.18 75.18 92.64 76.28 70.65 84.70 67.51

Analyst estimates 2026–2028

Powerpack
High 71.04 71.64 83.08 93.12 120.00 124.91 123.25 120.61 129.17 103.75
People
People Employees 6,490 7,650 7,519 3,639 8,368 8,700 9,800 10,250 10,700 11,000
Revenue/emp, $m 0.36 0.33 0.36 0.80 0.38 0.40 0.37 0.37 0.37 0.38
Income, $m
Income, $m Revenue 2,348 2,489 2,714 2,894 3,198 3,461 3,617 3,812 3,991 4,208
Gross margin, % 65.54 64.81 64.87 65.87 64.58 63.34 61.74 60.36 59.39 58.95
EBT 466 314 343 532 616 728 658 653 587 602
EBT margin, % 19.86 12.62 12.64 18.40 19.26 21.04 18.19 17.12 14.71 14.32
Net income 321 223 298 478 557 652 524 548 505 452
Depreciation 353 391 476 487 541 617 597 576 655 716
Per share, $
Per share, $ Revenue 13.42 14.51 16.22 17.78 19.68 21.28 22.73 24.99 26.36 28.94
Earnings 1.81 1.27 1.78 2.94 3.43 4.01 3.29 3.59 3.34 3.11
Cash flow 4.98 4.67 6.03 6.50 7.48 8.63 8.01 8.84 10.03 10.45
Capex (1.81) (2.42) (2.43) (3.45) (4.50) (3.35) (2.88) (4.79) (4.53) (5.64)
Free cash flow 3.18 2.25 3.60 3.05 2.97 5.28 5.13 4.05 5.51 4.81
Book value 18.43 19.60 19.08 22.48 26.16 27.85 27.41 30.14 32.22 34.23
Shares, m 175 172 167 163 162 163 159 153 151 145
Valuation, ×
Valuation, × P/E 37.33 49.84 33.93 29.28 30.61 29.26 28.42 32.47 28.72 27.96
P/S 5.03 4.52 3.76 4.86 5.33 5.50 3.74 4.68 3.63 3.01
P/B 3.67 3.35 3.20 3.84 4.01 4.20 3.10 3.88 2.97 2.55
EV/Sales 4.95 4.50 3.64 5.01 5.64 5.81 4.12 5.43 4.12 3.98
EV/FCF 20.92 29.00 16.41 29.21 37.31 23.40 18.24 33.48 19.70 23.96
Cash, $m
Cash, $m Operating cash flow 872 801 1,008 1,058 1,215 1,405 1,275 1,348 1,519 1,519
Capex (316) (415) (406) (562) (732) (545) (458) (730) (685) (819)
Free cash flow 556 386 603 496 483 859 816 618 834 699
Balance, $m
Balance, $m Working capital 935 890 1,325 1,538 1,171 1,130 1,151 969 487 1,319
Total debt 640 663 1,561 1,979 2,062 2,152 2,481 3,538 3,546 4,105
Net debt (197) (49) (331) 442 964 1,074 1,376 2,674 1,949 2,919
Shareholders’ equity 3,224 3,362 3,192 3,658 4,251 4,530 4,360 4,597 4,878 4,977
Returns, %
Returns, % ROA 7.50 4.94 5.90 7.67 7.54 8.20 6.37 6.02 4.98 4.14
ROIC 9.63 5.93 7.92 8.37 7.89 8.73 7.37 5.48 4.88 4.49
ROE 10.11 6.76 9.10 13.96 14.09 14.84 11.78 12.23 10.66 9.17
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Akamai Technologies, Inc. vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TOST Toast, Inc. $18.7B 38.0× 27.8× +23.10% (above 0%: growing) +92.86% (above 0%: growing) −37.50% (below 0%: shrinking) 27.04% 7.97% Compare
KSPI Joint Stock Company Kaspi.kz Sponsored ADR $18.0B 8.4× 6.4× +20.70% (above 0%: growing) +5.19% (above 0%: growing) +73.38% (above 0%: growing) 74.32% 0.00% Compare
GEN Gen Digital Inc. $14.9B 13.9× 15.2× +6.28% (above 0%: growing) +63.64% (above 0%: growing) +3.86% (above 0%: growing) 77.02% 33.16% Compare
CHKP Check Point Software Technologies Ltd. $14.1B 13.9× 17.5× +1.26% (above 0%: growing) −0.53% (below 0%: shrinking) −35.82% (below 0%: shrinking) 86.77% 27.48% Compare
GDDY GoDaddy Inc. $13.6B 15.6× 11.9× +6.60% (above 0%: growing) +27.78% (above 0%: growing) +16.39% (above 0%: growing) 63.81% 26.39% Compare
AKAM Akamai Technologies, Inc. $13.3B 30.8× 46.6× +5.38% (above 0%: growing) −23.61% (below 0%: shrinking) −57.30% (below 0%: shrinking) 55.81% 7.30%
DOCN DigitalOcean Holdings, Inc. $12.9B 39.0× 851× +28.57% (above 0%: growing) −17.07% (below 0%: shrinking) −63.43% (below 0%: shrinking) 55.00% 10.45% Compare
SAIL SailPoint, Inc. $11.3B — (loss-making) — (loss-making) +16.82% (above 0%: growing) n/m −18.60% (below 0%: shrinking) 66.51% (19.09%) Compare
GTLB GitLab Inc. $9.3B — (loss-making) — (loss-making) +21.31% (above 0%: growing) n/m −107.11% (below 0%: shrinking) 84.06% (19.89%) Compare
Median of peers $13.8B 14.7× 16.4× +18.76% +16.49% −27.21% 70.42% 9.21%

All 173 Software Infrastructure stocks →

AKAM metrics, ten years each

Akamai Technologies, Inc. (AKAM) key facts

  • Strength: Akamai Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.2 billion, up 5.44% from fiscal 2024.
  • Akamai Technologies, Inc. (AKAM) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
  • As of October 16, 2026, AKAM traded at $87.81, a market capitalization of $13.3 billion.
  • Return on equity was 9.17% and debt-to-equity 1.59.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 2.26 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Akamai Technologies, Inc. (AKAM) Latest News

stockrow.com/AKAM · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com