Overview
Akamai Technologies develops and provides solutions for global enterprises to build, secure, and accelerate the applications and digital experiences. The company's cloud services help its customer, corporations and government agencies to deliver digital content over the internet at optimal speeds and security. Specifically, the company offers services that keep infrastructure, websites, applications, application programming interfaces ("APIs") safe
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Read More from cyberattacks. Akamai Connected Cloud spans more than 4,300 edge points-of-presence in approximately 130 countries and over 700 cities, with roughly 1,200 network partners. Customers include IKEA, Sony Interactive Entertainment, Toshiba, WarnerMedia, the Coca-Cola Company, and The Washington Post, among others. More than 50% of the company's total revenue comes from the US.
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Read More from cyberattacks. Akamai Connected Cloud spans more than 4,300 edge points-of-presence in approximately 130 countries and over 700 cities, with roughly 1,200 network partners. Customers include IKEA, Sony Interactive Entertainment, Toshiba, WarnerMedia, the Coca-Cola Company, and The Washington Post, among others. More than 50% of the company's total revenue comes from the US.
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#
778
Fortune 1000 Revenue Rank
F Thomson Leighton
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Software Publishers
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Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
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Publishing Industries
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Information
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Prepackaged software
See All Industries , Application computer software Data processing and preparation
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See All Industries , Application computer software Data processing and preparation
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All Other Telecommunications
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Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
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Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers
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Motion Picture and Video Industries
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Newspaper, Periodical, Book, and Directory Publishers
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Radio and Television Broadcasting Stations
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Satellite Telecommunications
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Sound Recording Industries
View more , Web Search Portals, Libraries, Archives, and Other Information Services Wired and Wireless Telecommunications (except Satellite)
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View more , Web Search Portals, Libraries, Archives, and Other Information Services Wired and Wireless Telecommunications (except Satellite)
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Actual
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Actual
$3.99 billion
Actual
4.7%
-7.8%
$10,368
DEC
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NASDAQ:AKAM
Contacts
Get in Touch with 6 Principals* and 718 Contacts
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F Thomson LeightonPresident and Chief Executive Officer
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$3.99 billion
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Net Operating Cash | $1,519 | $1,348 | $1,275 |
Net Investing Cash | -$799 | -$1,848 | -$622 |
Net Financing Cash | -$680 | $443 | -$634 |
Net Change in Cash | $41 | -$56 | $18 |
Cash at Beginning of Period | $490 | $543 | $538 |
Cash at End of Period | $519 | $490 | $543 |
Capital Expenditure | -$685 | -$730 | -$458 |
Assets (mil) | 2024 | 2023 | 2022 |
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Current Assets | |||
Cash and Cash Equivalents | $518 | $489 | $542 |
Accounts Receivable | $509 | $516 | $490 |
Inventories | $ | $ | $ |
Other Current Assets | $1,551 | $799 | $937 |
Asset Summary | |||
Total Current Assets | $2,578 | $1,805 | $1,970 |
Tangible Fixed Assets | $3,002 | $2,735 | $2,354 |
Intangible Assets | $728 | $536 | $442 |
Total Assets | $10,369 | $9,900 | $8,303 |
Liabilities (mil) | 2024 | 2023 | 2022 |
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Current Liabilities | |||
Accounts Payable | $130 | $147 | $145 |
Short-Term Debt | $1,149 | $ | $ |
Other Current Liabilities | $812 | $689 | $673 |
Liability Summary | |||
Total Current Liabilities | $2,091 | $836 | $819 |
Long-Term Debt | $2,397 | $3,538 | $2,285 |
Other Long-Term Liabilities | $130 | $106 | $105 |
Total Liabilities | $5,490 | $5,303 | $3,943 |
Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
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Equity | |||
Common Stock | $2 | $2 | $2 |
Retained Earnings | $2,973 | $2,468 | $1,920 |
Equity Summary | |||
Total Equity | $4,878 | $4,597 | $4,360 |
Shares Outstanding | 150,025,096 | 151,232,908 | 156,494,816 |