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Asset logo for symbol AKAM
Akamai Technologies
AKAM65
$96.70arrow_drop_down0.50%-$0.49
S&P500
Asset logo for symbol AKAM
AKAM65

$96.70

arrow_drop_down0.50%

Income Statement (AKAM)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
EBIT$167.44M$185.11M$188.69M$162.87M$178.99M
EBITDA$323.62M$332.74M$337.25M$301.99M$314.45M
gross Profit$554.64M$568.11M$582.40M$562.44M$554.38M
NET Income$175.41M$161.16M$160.54M$128.81M$97.10M
total Revenue$986.97M$995.01M$965.48M$935.72M$915.69M

Balance Sheet (AKAM)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
cash Equivalents-----
net Debt$4.10B$4.04B$4.04B$2.98B$2.92B
stockholders Equity$4.63B$4.59B$4.32B$4.28B$4.17B
total Assets$9.93B$9.90B$9.58B$8.34B$8.18B
total Debt$4.57B$4.53B$4.50B$3.28B$3.22B
total Liabilities$5.30B$5.30B$5.25B$4.05B$4.01B

Cash Flow (AKAM)

itemMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
financing Cash Flow-$215.98M-$56.77M$974.64M-$117.20M-$357.28M
free Cash Flow$178.12M$255.30M$161.81M$190.02M$11.25M
investing Cash Flow---$1.16B-$248.35M-$119.88M
operating Cash Flow$351.87M$389.19M$359.43M$366.31M$233.49M

Akamai Technologies (AKAM) Financials

Akamai Technologies Inc (AKAM) is a leading global provider of content delivery network (CDN) services. The company's financials showcase its strong performance and solid financial position. Starting with the income statement, Akamai Technologies Inc reported robust revenues for the fiscal year. The total revenue for the period stood at a significant amount, demonstrating the company's ability to generate substantial income. Gross profit, another key metric, also showed a positive trend, indicating efficient cost management and strong pricing strategies.

Moving on to profitability measures, Akamai Technologies Inc's EBIT (earnings before interest and taxes) and EBITDA (earnings before interest, taxes, depreciation, and amortization) reflected the company's profitability. Both EBIT and EBITDA showcased favorable figures, reflecting the company's ability to generate profits before accounting for interest, taxes, and non-cash expenses. Net income from stockholders, another important indicator of profitability, also exhibited a positive trend, indicating a favorable return for the company's shareholders.

Turning to the balance sheet, Akamai Technologies Inc's total assets and total liabilities both demonstrated a strong financial position. The company's total assets, including cash equivalents and other tangible and intangible assets, reflected a substantial value. At the same time, the company's total liabilities, which include both short-term and long-term obligations, remained at an acceptable level, indicating a healthy balance between debt and equity.

In terms of cash flow, Akamai Technologies Inc displayed healthy cash flows from operating, investing, and financing activities. The operating cash flow, which represents the cash generated from the company's core operations, remained positive, underscoring the company's ability to generate cash from its day-to-day activities. The investing cash flow, which includes cash flows related to investments in assets or acquisitions, also showed favorable figures, indicating the company's strategic investment decisions. Lastly, the financing cash flow, which represents cash flows from borrowing, debt repayments, and equity transactions, remained stable, suggesting the company's efficient management of its financing activities.

To summarize, Akamai Technologies Inc's financials demonstrate its strong financial performance and solid position in the industry. With robust revenues, profitability measures, and a healthy balance sheet, the company showcases its ability to generate profits, manage costs effectively, and maintain a favorable financial position. Additionally, the company's positive cash flows from operating, investing, and financing activities further highlight its sound financial management and strategic decision-making. Overall, Akamai Technologies Inc's financials reflect a successful and well-established player in the content delivery network services industry.

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