AKAMAI TECHNOLOGIES INC
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AKAM Q1 2026 request
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Income Statement
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Revenue From Contract With Customer Including Assessed Tax | 1,073,610 | 1,015,139 | +5.8% |
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| Reportable Segment | 1,073,610 | 1,015,139 | +5.8% |
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| Non Us | 530,463 | 486,400 | +9.1% |
| US | 543,147 | 528,739 | +2.7% |
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| Cloud infrastructure services | 94,612 | 67,601 | +40.0% |
| Delivery and other cloud applications | 389,208 | 416,843 | -6.6% |
| Security | 589,790 | 530,695 | +11.1% |
| Cost of Revenue | 471,299 | 418,945 | +12.5% |
| Research & Development | 141,576 | 123,549 | +14.6% |
| Sales & Marketing | 157,062 | 134,131 | +17.1% |
| General & Administrative | 163,809 | 155,933 | +5.1% |
| Amortization Of Intangible Assets | 25,187 | 27,637 | -8.9% |
| Restructuring And Related Cost Incurred Cost | 183 | 361 | -49.3% |
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| Reportable Segment | 183 | 361 | -49.3% |
| Total Costs & Expenses | 959,116 | 860,556 | +11.5% |
| Operating Income | 114,494 | 154,583 | -25.9% |
| Interest And Marketable Securities Income Loss Net | 17,547 | 19,530 | -10.2% |
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| Reportable Segment | 17,547 | 19,530 | -10.2% |
| Interest Expense | -8,257 | -6,750 | -22.3% |
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| Reportable Segment | -8,257 | -6,750 | -22.3% |
| Other Non-Operating Income (Expense) | -1,786 | 6,020 | -129.7% |
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| Reportable Segment | -1,786 | 6,020 | -129.7% |
| Income Before Taxes | 121,998 | 173,383 | -29.6% |
| Income Tax Expense (Benefit) | 15,679 | 50,212 | -68.8% |
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| Reportable Segment | 15,679 | 50,212 | -68.8% |
| Net Income | 106,319 | 123,171 | -13.7% |
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| Reportable Segment | 106,319 | 123,171 | -13.7% |
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| Retained Earnings | 106,319 | 123,171 | -13.7% |
| EPS (Basic) | 0.73 | 0.83 | -12.0% |
| EPS (Diluted) | 0.71 | 0.82 | -13.4% |
| Wtd Avg Shares (Basic) | 145,270 | 149,052 | -2.5% |
| Wtd Avg Shares (Diluted) | 150,022 | 151,064 | -0.7% |
| Comprehensive Income | 84,451 | 143,779 | -41.3% |
| Other Comprehensive Income | -21,868 | 20,608 | -206.1% |
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| Accumulated Net Unrealized Investment Gain Loss | -4,253 | — | — |
| Accumulated Translation Adjustment | -17,615 | — | — |
| Labor And Related Expense (Q) | — | — | — |
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| Reportable Segment | 427,324 | 380,514 | +12.3% |
| Professional And Contract Services Expense (Q) | — | — | — |
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| Reportable Segment | 67,383 | 54,074 | +24.6% |
Balance Sheet
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash & Cash Equivalents | 622,383 | 1,097,026 | -43.3% |
| Marketable Securities (Current) | 308,062 | 224,204 | +37.4% |
| Accounts Receivable | 881,076 | 759,438 | +16.0% |
| Prepaid Expenses & Other Current Assets | 319,102 | 294,303 | +8.4% |
| Total Current Assets | 2,130,623 | 2,374,971 | -10.3% |
| Non-Current Assets | |||
| Marketable Securities (Non-Current) | 802,670 | 23,020 | +3386.8% |
| Operating Lease Right-of-Use Assets | 1,665,915 | 977,419 | +70.4% |
| Goodwill | 3,202,906 | 3,157,409 | +1.4% |
| Deferred Tax Assets | 627,603 | 454,568 | +38.1% |
| Other Non-Current Assets | 214,959 | 184,032 | +16.8% |
| Total Assets | 11,645,752 | 9,982,190 | +16.7% |
| Intangible Assets | 589,355 | 700,717 | -15.9% |
Show Finite Lived Intangible Assets By Major Class breakouts |
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| Customer Relationships | 346,298 | 428,348 | -19.2% |
| Developed Technology Rights | 206,850 | 231,170 | -10.5% |
| Licensing Agreements | 33,328 | 36,853 | -9.6% |
| Trademarks And Trade Names | 2,879 | 4,346 | -33.8% |
| Other Assets | |||
| Property Plant And Equipment And Capitalized Software Net | 2,411,721 | 2,110,054 | +14.3% |
| Intangible Assets Net Excluding Goodwill | 589,355 | 700,717 | -15.9% |
| Current Liabilities | |||
| Accounts Payable | 151,439 | 155,917 | -2.9% |
| Accrued Liabilities | 286,427 | 265,371 | +7.9% |
| Deferred Revenue (Current) | 203,681 | 169,529 | +20.1% |
| Operating Lease Liability Current | 369,110 | 263,365 | +40.2% |
| Other Liabilities Current | 25,130 | 12,586 | +99.7% |
| Total Current Liabilities | 1,035,787 | 2,016,529 | -48.6% |
| Non-Current Liabilities | |||
| Contract With Customer Liability Noncurrent | 19,929 | 22,945 | -13.1% |
| Deferred Tax Liabilities | 34,840 | 18,151 | +91.9% |
| Operating Lease Liabilities | 1,390,988 | 807,697 | +72.2% |
| Other Non-Current Liabilities | 147,776 | 134,354 | +10.0% |
| Total Liabilities | 6,736,927 | 5,397,629 | +24.8% |
| Long-Term Debt (Q) | — | — | — |
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| 2027 Notes · Convertible Debt | 1,147,403 | 1,145,519 | +0.2% |
| 2029 Notes · Convertible Debt | 1,255,612 | 1,252,434 | +0.3% |
| 2033 Notes · Convertible Debt | 1,704,592 | — | — |
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| Convertible Debt | 4,107,607 | 3,547,714 | +15.8% |
| Other Liabilities | |||
| Convertible Long Term Notes Payable | 4,107,607 | 2,397,953 | +71.3% |
| Stockholders' Equity | |||
| Common Stock | 1,524 | 1,578 | -3.4% |
| Additional Paid-In Capital | 2,123,150 | 2,673,892 | -20.6% |
| Accumulated Other Comprehensive Income | -116,624 | -135,385 | +13.9% |
| Treasury Stock Common Value | -630,473 | -1,051,593 | +40.0% |
| Retained Earnings | 3,531,248 | 3,096,069 | +14.1% |
| Total Stockholders' Equity | 4,908,825 | 4,584,561 | +7.1% |
Show Equity Components breakouts |
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| Accumulated Net Unrealized Investment Gain Loss | -1,473 | -70 | -2004.3% |
| Accumulated Other Comprehensive Income | -116,624 | -135,385 | +13.9% |
| Accumulated Translation Adjustment | -115,151 | -135,315 | +14.9% |
| Additional Paid In Capital | 2,123,150 | 2,673,892 | -20.6% |
| Common Stock | 1,524 | 1,578 | -3.4% |
| Retained Earnings | 3,531,248 | 3,096,069 | +14.1% |
| Treasury Stock Common | -630,473 | -1,051,593 | +40.0% |
| Total Liabilities & Equity | 11,645,752 | 9,982,190 | +16.7% |
Cash Flow Statement
| Metric | YTD Q1 2026 | YTD Q1 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation & Amortization | 183,751 | 174,022 | +5.6% |
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| Reportable Segment | 183,751 | 174,022 | +5.6% |
| Stock-Based Compensation | 128,681 | 111,978 | +14.9% |
| Deferred Income Taxes | -1,749 | 31,383 | -105.6% |
| Amortization of Financing Costs | 2,148 | 1,605 | +33.8% |
| Other Non-Cash Items | 2,709 | 2,142 | +26.5% |
| Change in Accounts Receivable | -94,272 | -25,677 | -267.1% |
| Change in Prepaid & Other Assets | -10,096 | -37,129 | +72.8% |
| Increase Decrease In Accounts Payable And Accrued Liabilities | -42,035 | -109,906 | +61.8% |
| Change in Deferred Revenue | 56,281 | 14,948 | +276.5% |
| Increase Decrease In Other Current Liabilities | -10,353 | -20,276 | +48.9% |
| Increase Decrease In Other Operating Capital Net | -8,876 | -5,748 | -54.4% |
| Net Cash from Operations | 312,508 | 251,200 | +24.4% |
| Investing Activities | |||
| Capital Expenditures | -101,686 | -117,776 | +13.7% |
| Payments For Software | -90,161 | -78,232 | -15.2% |
| Purchases of Investments | -161,455 | -7,080 | -2180.4% |
| Proceeds From Sale Of Available For Sale Securities Debt | 5,606 | 265,806 | -97.9% |
| Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities | 30,000 | 847,149 | -96.5% |
| Other Investing Activities | -1,798 | -3,091 | +41.8% |
| Net Cash from Investing | -319,494 | 876,846 | -136.4% |
| Right Of Use Asset Obtained In Exchange For Operating Lease Liability | 287,573 | 34,930 | +723.3% |
| Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount | 34,993 | 32,064 | +9.1% |
| Financing Activities | |||
| Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options | 21,619 | 20,182 | +7.1% |
| Employee Taxes Paid Related To Net Share Settlement Of Equity Awards | -106,574 | -72,063 | -47.9% |
| Share Repurchases | -205,886 | -499,963 | +58.8% |
Show Statement Class Of Stock breakouts |
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| Common Stock | -205.9 | — | — |
| Proceeds From Payments For Other Financing Activities | -868 | -406 | -113.8% |
| Net Cash from Financing | -291,709 | -552,250 | +47.2% |
| Supplemental | |||
| Interest Paid | 9,558 | 9,412 | +1.6% |
| Operating Lease Payments | 109,442 | 74,729 | +46.5% |
| Unpaid Capital Expenditures | 71,979 | 85,155 | -15.5% |
| Other Cash Flow | |||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | -5,672 | 5,431 | -204.4% |
| Net Change in Cash | -304,367 | 581,227 | -152.4% |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 626,941 | 1,100,311 | -43.0% |
| Restricted Cash | 4,558 | 3,285 | +38.8% |
Values in thousands USD. Source: SEC EDGAR 10-Q filing.