Company file · AKAM

Akamai Technologies

Akamai Technologies' revenue rose 5.4% in FY2025, to $4.2B, and net income fell 10.5% to $452M

Revenue rose 5.4% to $4.2B in FY2025, from $4.0B in FY2024. Net income fell 10.5% to $452M. United States was the largest region, at 51% of revenue.

Prepared from SEC filings · Latest annual report: 10-K for FY2025 (filed Feb 20, 2026) · Latest quarter: 10-Q for the quarter ended Sep 30, 2026 (filed Nov 6, 2026) · Data pulled Nov 11, 2026

Key facts

Akamai Technologies (Nasdaq: AKAM) reported revenue of $4.2B for fiscal 2025, the year ended Dec 31, 2025, up 5.4% from fiscal 2024. Net income was $452M, down 10.5%. In its latest 10-Q, for the quarter ended Sep 30, 2026, revenue was $1.1B, up 6.4% from the same quarter a year earlier, and net income was $117M. The largest piece by region was United States, at 51% of fiscal 2025 revenue. Sources: 10-K for fiscal 2025 (filed Feb 20, 2026) and 10-Q for the quarter ended Sep 30, 2026 (filed Nov 6, 2026).

Revenue$4.2BFY2025 · +5.4% vs FY2024

Net income$452MFY2025 · −10.5% vs FY2024

Operating cash flow$1.5BFY2025 · −0.0% vs FY2024

Cash & equivalents$1.1Bat Sep 30, 2026 · +23.6% vs FY2025 end

Diluted shares147MFY2025 avg · −4.7% vs FY2024

Revenue and net income, three fiscal yearsBy fiscal year, $bn

RevenueNet income

Source: 10-K FY2025, filed Feb 20, 2026

Quarterly revenue: fiscal 2026 vs a year earlierFiscal Q1–Q3, $bn (each quarter from that quarter's 10-Q)

FY2025FY2026

Source: 10-Q filed May 8, 2026 · 10-Q filed Aug 7, 2026 · 10-Q filed Nov 6, 2026

How it makes money

By region, FY2025

LineAmountSharevs FY2024
United States$2.1B51%+3.1%
Non-US$2.1B49%+8.0%

Source: 10-K FY2025, XBRL breakdown

By region in FY2025: United States (51%) and Non-US (49%), as shares of total revenue. Total revenue was $4.2B.

By region: three-year mixShare of the total each fiscal year

FY2023

52%48%

FY2024

52%48%

FY2025

51%49%

United StatesNon-US

Source: 10-K FY2025

Learn more: Revenue vs. net income · Gross, operating and net margin

What changed last quarter

How the quarter compared with a year earlier

Comparing Q3 2026 (Jul to Sep 2026) compared with Q3 2025 (Jul to Sep 2025)

Each pair of bars shows the dollar amount for both quarters. Longer bar, more money. Bars in a group share one scale.

Q3 2026Q3 2025

Company

Revenue

$1.1B Q3 2026

$1.1B Q3 2025

6.4% increase

Net income

$117M Q3 2026

$140M Q3 2025

16.5% decrease

Source: Akamai Technologies 10-Q for the quarter ended Sep 30, 2026, filed Nov 6, 2026

By region

Non-US

$563M Q3 2026

$525M Q3 2025

7.4% increase

United States

$559M Q3 2026

$530M Q3 2025

5.4% increase

Source: Akamai Technologies 10-Q for the quarter ended Sep 30, 2026, filed Nov 6, 2026

Cash & equivalents $1.1B at Sep 30, 2026, vs $930M at FY2025 end.
Operating cash flow, first 9 months of fiscal 2026: $1.1B vs $1.2B a year earlier.

The bull case and the bear case

The bull case

Revenue rose 5.4% in FY2025 to $4.2B, from $4.0B a year earlier. 10-K, FY2025
Diluted shares fell 4.7% in FY2025, so each share represents a larger slice of profit. 10-K, FY2025
Revenue in the quarter ended Sep 30, 2026 was $1.1B, up 6.4% on a year earlier. 10-Q, quarter ended Sep 30, 2026
Non-US revenue grew 8.0% in FY2025 to $2.1B. 10-K, FY2025

The bear case

Net income fell 10.5% in FY2025 to $452M, from $505M. 10-K, FY2025
Operating cash flow fell 0.0% in FY2025 to $1.5B. 10-K, FY2025
Net income in the quarter ended Sep 30, 2026 was $117M, down 16.5% on a year earlier. 10-Q, quarter ended Sep 30, 2026

What optimists and skeptics tend to point to, each tied to a filing. Ticker Sage doesn't pick a side, and neither list is a reason to buy or sell.

What the company does

Akamai Technologies is in the internet services & infrastructure industry, part of the information technology sector. The SEC files it under Services-Business Services, Nec.

The full description of Akamai Technologies' business is in Item 1 of its 10-K, linked below. This page shows its revenue by region.

Its fiscal year ends in December; the latest, FY2025, ended Dec 31, 2025.

Source: 10-K, Item 1 Business

Risks common in this industry

These are general risks for companies in the internet services & infrastructure industry. They are not a summary of Akamai Technologies’s own risk factors; for those, read Item 1A of its latest 10-K, linked below.

CompetitionTechnology markets move fast, and rivals large and small can change prices or products.
Customer demandSpending by customers on technology rises and falls with their budgets and the economy.
Security and privacyCyberattacks, outages and data-privacy rules can raise costs or harm customer trust.
Supply and tradeReliance on suppliers and exposure to tariffs or export rules can limit what it can sell or build.
Intellectual propertyPatent claims and licensing disputes can lead to costs or limits on products.

Source: 10-K, Item 1A Risk Factors (the company's own list, in the company's words)

Three years of key numbers

Every number links to its filing; hover for the XBRL tag. A dash means the number isn't cleanly available, and we don't estimate it.

US$	FY2023	FY2024	FY2025
Revenue	$3.8B	$4.0B	$4.2B
Net income	$548M	$505M	$452M
Operating cash flow	$1.3B	$1.5B	$1.5B
Cash & equivalents (year end)	$489M	$518M	$930M
Diluted shares	155M	154M	147M

Revenue: Total revenue for the fiscal year, as the company reports it on its income statement.
Net income: Net income attributable to the company's shareholders, after all costs, interest and taxes.
Operating cash flow: Cash the business brought in from its day-to-day operations during the year (cash flow statement).
Cash & equivalents: Cash and short-term investments that count as cash equivalents on the balance sheet. Excludes longer-dated marketable securities.
Diluted shares: Weighted average shares outstanding for the year, including the effect of options and stock awards.

Learn more: How to read an income statement · Earnings per share, basic and diluted · Free cash flow · How to read a balance sheet · Growth rate calculator · P/E calculator · Market cap calculator · Free cash flow calculator · Return on equity and assets calculator

Explainers for this page

Plain-English guides to terms this file uses, with real numbers from filings.

About these numbers

What we left out

Total debt: the company's filing data doesn't carry a consistent debt total for the years shown, so it isn't shown.

Recent filings

Form	Filed	Period
10-Q	Nov 6, 2026	Sep 30, 2026
10-Q	Aug 7, 2026	Jun 30, 2026
10-Q	May 8, 2026	Mar 31, 2026
DEF 14A	Mar 31, 2026	May 13, 2026
10-K	Feb 20, 2026	Dec 31, 2025

Learn more: 10-K vs. 10-Q vs. 8-K · Form 4 insider filings · Fiscal years and quarters

Common questions about Akamai Technologies

How does Akamai Technologies make money?

Akamai Technologies's revenue was $4.2B in fiscal 2025. By region in FY2025: United States (51%) and Non-US (49%), as shares of total revenue. Total revenue was $4.2B. Source: 10-K for fiscal 2025, filed Feb 20, 2026.

What was Akamai Technologies's revenue in fiscal 2025?

$4.2B of revenue for the fiscal year ended Dec 31, 2025, up 5.4% from $4.0B in fiscal 2024. Fiscal 2023 was $3.8B. Source: 10-K for fiscal 2025, filed Feb 20, 2026.

Is Akamai Technologies profitable?

Akamai Technologies reported net income of $452M for fiscal 2025, down 10.5% from $505M in fiscal 2024. That is a profit under US accounting rules (GAAP). In the quarter ended Sep 30, 2026, net income was $117M. The page's About these numbers section explains what is included. Source: 10-K for fiscal 2025, filed Feb 20, 2026.

What did Akamai Technologies report in its latest quarterly filing?

Revenue was $1.1B in the quarter ended Sep 30, 2026, up 6.4% from $1.1B a year earlier. Net income was $117M, down 16.5% from $140M. Source: 10-Q for the quarter ended Sep 30, 2026, filed Nov 6, 2026.

What are the main risks Akamai Technologies faces?

Akamai Technologies's own risk factors are in Item 1A of its 10-K for fiscal 2025, filed Feb 20, 2026. Risks that are common among companies in the internet services & infrastructure industry include Competition; customer demand; security and privacy; supply and trade; intellectual property. The first: Technology markets move fast, and rivals large and small can change prices or products. Source: 10-K, Item 1A Risk Factors.

Where do these Akamai Technologies numbers come from?

From Akamai Technologies's own SEC filings: the 10-K for fiscal 2025 (filed Feb 20, 2026) and the 10-Q for the quarter ended Sep 30, 2026 (filed Nov 6, 2026), read through the SEC's public XBRL data. Each number on this page links to its filing. Methodology explains how fiscal years and missing numbers are handled.

Tracked funds that report owning Akamai Technologies

Point72 Asset Management: 2,575,659 shares, reported value $304.5M at Jun 30, 2026 (−22.0% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
Two Sigma Investments: 1,779,895 shares, reported value $210.4M at Jun 30, 2026 (−1.8% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
Slate Path Capital: 1,196,800 shares, reported value $141.5M at Jun 30, 2026 (new in this filing). Form 13F filed Aug 14, 2026.
Citadel Advisors: 966,903 shares, reported value $114.3M at Jun 30, 2026 (−53.2% in shares since the filing for Mar 31, 2026). Form 13F filed Sep 2, 2026.
Millennium Management: 97,690 shares, reported value $11.5M at Jun 30, 2026 (−88.8% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.

From each fund’s latest Form 13F, which is filed up to 45 days after quarter end and lists long positions in US-listed stocks only. A listing here is a fact about a filing, not a view on the stock. What a 13F does and doesn’t show.

Disclosures

Editor holdings in AKAM: The editor holds no position in Akamai Technologies (AKAM). As of Nov 11, 2026.
Trading rule: The editor does not buy or sell AKAM from 3 days before to 3 days after this page is published or substantively updated.
Compensation: Nobody paid for this page. No affiliate links on this page.
Sources: The company's SEC filings, linked next to each number or, for charts, in the source line under them.
Last updated: Nov 10, 2026

General education, the same for every reader. Not a recommendation to buy, sell or hold AKAM, and it doesn't consider your situation.

Compare with peers

Company	Fiscal year	Revenue	Revenue growth	Net income
Akamai TechnologiesAKAM	FY2025	$4.2B	+5.4%	$452M
VerisignVRSN	FY2025	$1.7B	+6.4%	$826M
GoDaddyGDDY	FY2025	$5.0B	+8.3%	$875M
NvidiaNVDA	FY2026	$215.9B	+65.5%	$120.1B

Each row is that company’s latest fiscal year from its own 10-K, using its own revenue and net income lines. Fiscal years end in different months, and line definitions differ (banks, insurers and oil companies count revenue differently), so this is a rough side-by-side, not a like-for-like comparison.

More company files

New to filings? Learn has plain-English explainers and Tools has calculators. Methodology & Disclosures covers where every number comes from.