AKAM AKAMAI TECHNOLOGIES INC

Overview and Growth

Fiscal 2025 results for AKAMAI TECHNOLOGIES INC combined $4.21B of revenue with net income of $452.03M and an operating cash inflow of $1.52B. At $4.21B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Revenue was 5.4% above fiscal 2024 revenue of $3.99B, marking a year-over-year increase. Diluted earnings per share were $3.07, translating the period’s attributable earnings into the amount reported for each diluted share. Diluted EPS decreased by 6.1% from $3.27 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. The company employed $11.48B of total assets, the balance-sheet base supporting its current operating and cash-flow results. Asset turnover was 0.37x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $2.48B as gross profit before recognizing operating expenses and other items. The gross-profit relationship equaled 58.9% of revenue, quantifying the portion retained before operating expenses were recognized. The reported operating result was $566.94M, capturing profitability after direct costs and the operating expenses reflected in the statements. Relative to revenue, operating income represented 13.5%, showing how efficiently sales converted into operating profit. The bottom-line result was net income of $452.03M, after the operating, financing, tax, and other items recognized for the period. The final earnings result represented 10.7% of revenue, connecting the absolute net income figure with the company’s top-line scale. The company recognized $150.37M of income tax for the period, completing the transition from pretax income to net income. Return on period-end equity was 9.1%, relating annual net income to the equity capital on the balance sheet. Return on period-end assets was 3.9%, connecting net income with the company’s total asset base.

Liquidity and Capital Structure

Total assets were $11.48B, supported by $6.50B of liabilities and $4.98B of shareholder equity. Current assets were $2.29B against $967.52M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. The current ratio was 2.36x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $930.23M, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 96.1% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. Relative to total assets, liabilities measured 56.6%, complementing the separate equity-based view of the company’s capital structure. Measured against total assets, cash and equivalents represented 8.1%, a balance-sheet composition measure rather than a liquidity forecast. Compared with $10.37B in fiscal 2024, the current asset base moved 10.7% and finished higher. Against $4.88B of equity in fiscal 2024, the current book-equity balance moved 2.0% and ended higher. Cash and equivalents were 79.7% higher than fiscal 2024 cash of $517.71M, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

Cash flow from operations was $1.52B, a reported cash inflow that can be compared directly with net income and capital spending. Operating cash flow equaled 3.36x of net income, showing how strongly accounting earnings converted into cash from operations. Capital spending was $507.79M, absorbing part of the cash generated from operations before free cash flow. Capital expenditures represented 33.4% of operating cash flow, leaving the remainder available as free cash flow. After capital spending, free cash flow was $1.01B, leaving cash available for debt reduction, shareholder returns, or further investment. Free cash flow represented 24.0% of revenue, linking post-investment cash generation with the company’s operating scale. The free-cash-flow-to-assets relationship was 8.8%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Oct 21, 2026.