OverviewSuggest Edit

Akamai Technologies is a provider of cloud services for delivering, optimizing and securing online content and business applications across any device. The Company offers web and mobile performance solutions, such as Ion, a situational performance solution; Dynamic Site Accelerator that helps in consistent website performance; Image Manager that automatically optimizes online images; CloudTest to conduct load testing and other analysis of websites in a pre-production environment.

TypePublic
Founded1998
HQCambridge, US
Websiteakamai.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Mar 2019)7,379(-1%)
Job Openings172
Revenue (FY, 2018)$2.7 B(+9%)
Share Price (Mar 2019)$71.2 (-3%)

Key People/Management at Akamai

Tom Leighton

Tom Leighton

Chief Executive Officer and Co-Founder
Rick McConnell

Rick McConnell

President & General Manager, Web Division
Jim Benson

Jim Benson

Executive Vice President & Chief Financial Officer
Robert Blumofe

Robert Blumofe

Executive Vice President, Platform & General Manager, Enterprise Division
James Gemmell

James Gemmell

Executive Vice President & Chief Human Resources Officer
Adam Karon

Adam Karon

Executive Vice President & General Manager, Media and Carrier Division
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Akamai Office Locations

Akamai has offices in Cambridge, Washington, Santa Monica, Santa Clara and in 50 other locations
Cambridge, US (HQ)
150 Broadway
Atlanta, US
3715 Northside Pky NW #200-150
Bellevue, US
1100 112th Ave NE
Chicago, US
444 Michigan Avenue
Denver, US
Johns Manville Plaza, 717 17th St #600
Fort Lauderdale, US
200 E Las Olas Blvd #900
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Akamai Financials and Metrics

Akamai Revenue

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Akamai's revenue was reported to be $2.71 b in FY, 2018
USD

Revenue (FY, 2018)

2.7b

Gross profit (FY, 2018)

1.8b

Gross profit margin (FY, 2018), %

64.9%

Net income (FY, 2018)

298.4m

EBIT (FY, 2018)

362.5m

Market capitalization (22-Mar-2019)

11.6b

Closing stock price (22-Mar-2019)

71.2

Cash (31-Dec-2018)

1.0b
Akamai's current market capitalization is $11.6 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.6b2.0b2.2b2.3b2.5b2.7b

Revenue growth, %

24%12%6%7%

Cost of goods sold

511.1m610.9m725.6m809.0m875.8m953.5m

Gross profit

1.1b1.4b1.5b1.5b1.6b1.8b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

333.9m238.7m289.5m324.2m313.4m1.0b

Accounts Receivable

329.6m380.4m368.6m459.1m

Prepaid Expenses

129.0m123.2m104.3m137.8m

Current Assets

1.0b1.3b1.3b1.3b1.3b2.5b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

235.0m248.7m254.2m214.3m332.6m257.4m256.5m312.9m326.6m381.8m522.3m352.5m368.2m363.7m977.5m705.4m

Accounts Receivable

356.6m342.9m366.0m365.1m364.4m358.0m400.8m395.9m400.8m484.6m

Prepaid Expenses

130.0m119.4m115.6m127.9m132.5m117.7m152.6m159.4m142.9m163.6m

Current Assets

910.6m1.1b1.2b1.2b1.2b1.2b1.2b1.3b1.4b1.4b1.4b1.2b1.3b1.5b2.5b2.4b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

293.5m333.9m321.4m316.1m218.3m298.4m

Depreciation and Amortization

184.4m247.4m299.6m334.3m372.3m434.5m

Accounts Payable

40.5m94.7m51.6m18.5m33.2m42.2m

Cash From Operating Activities

563.9m658.1m764.2m866.3m801.0m1.0b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

213.1m72.8m145.7m236.8m77.7m144.9m233.0m74.9m148.5m224.5m80.9m138.7m199.2m53.7m96.8m204.4m

Depreciation and Amortization

134.5m53.5m112.2m179.6m70.5m144.4m219.2m80.7m165.8m250.3m86.5m175.7m272.9m104.1m210.4m318.2m

Accounts Payable

43.7m(22.5m)21.5m36.9m(52.7m)31.7m26.1m(32.4m)12.3m54.9m(23.9m)(17.5m)22.2m(31.3m)(27.1m)7.9m

Cash From Operating Activities

392.2m89.0m289.2m462.5m99.7m363.8m546.4m190.2m433.1m684.5m142.6m367.3m603.5m192.0m411.7m722.2m
USDY, 2018

Revenue/Employee

361.0k

Financial Leverage

1.7 x
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Akamai Operating Metrics

Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018

Networks Connected

1.20 k1.20 k1.20 k1.30 k1.30 k1.40 k1.40 k1.40 k1.50 k1.50 k1.60 k1.60 k1.70 k

Servers Deployed

145 k150 k160 k170 k175 k190 k200 k200 k216 k219 k222 k200 k200 k200 k200 k200 k200 k

Channel Partners

100 100 250

Patents (US)

230 230 265 330
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Akamai Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
JanrainJanuary 07, 2019
NominumOctober 11, 2017
Soha SystemsOctober 04, 2017
SOASTAMarch 29, 2017
Concord SystemsSeptember 28, 2016
XerocoleMarch 02, 2015
Prolexic TechnologiesDecember 02, 2013$390 m
Velocius NetworksNovember 11, 2013
AJ TECHNOLOGIES LTD
AKAMAI (BEIJING) TECHNOLOGIES, CO. LTD.
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Akamai Revenue Breakdown

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Akamai revenue breakdown by business segment: 44.7% from Media Division, 52.0% from Web Division and 3.2% from Other

Akamai revenue breakdown by geographic segment: 34.2% from International and 65.8% from U.S.

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Akamai Online and Social Media Presence

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Akamai News and Updates

Akamai Introduces Edge Platform Enhancements

CAMBRIDGE, Mass., March 4, 2019 /PRNewswire/ -- Akamai (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences, today announced enhancements designed to help businesses accelerate their cloud migration strategy. The new features protect content, apps, ...

Akamai State of the Internet Security Report: Retailers Most Common Credential Stuffing Attack Victim; Points to Dramatic Rise in API Traffic as Key Trend

CAMBRIDGE, Mass., Feb. 27, 2019 /PRNewswire/ -- According to the Akamai 2019 State of the Internet / Security: Retail Attacks and API Traffic report, hackers directed credential abuse attempts at retail sites more than 10 billion times from May to December last year, making retail the...

Global Pay TV Video Encoders Market 2019: Industry Trends, Growth, Size, Share, Key Players (Anystream, Cisco, Digital Rapids, Akamai Technologies, Ericsson) till 2025

Orbisresearch.com published “Global Pay TV Video Encoders Market” from its database. The report provides statistics and information on market size, shares and growth factors. It also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Global Pay …

Akamai and MUFG to roll out blockchain-based payment network in 2020

Mitsubishi UFJ has formed a joint venture with Akamai for the roll out of a new blockchain-based onl...

Akamai earnings beat on cyber-security strength

Akamai Technologies Inc reported better-than-expected quarterly earnings and forecast current-quarter profit above estimates, driven by strong demand for its cyber-security and media content delivery services.

Stocks making the biggest moves after hours: Activision Blizzard, TripAdvisor, Akamai and more

See which stocks are posting big moves after the bell.
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Akamai Frequently Asked Questions

  • When was Akamai founded?

    Akamai was founded in 1998.

  • Who are Akamai key executives?

    Akamai's key executives are Tom Leighton, Rick McConnell and Jim Benson.

  • How many employees does Akamai have?

    Akamai has 7,379 employees.

  • What is Akamai revenue?

    Latest Akamai annual revenue is $2.7 b.

  • What is Akamai revenue per employee?

    Latest Akamai revenue per employee is $367.9 k.

  • Who are Akamai competitors?

    Competitors of Akamai include DHI Group, Instart Logic and Fastly.

  • Where is Akamai headquarters?

    Akamai headquarters is located at 150 Broadway, Cambridge.

  • Where are Akamai offices?

    Akamai has offices in Cambridge, Washington, Santa Monica, Santa Clara and in 50 other locations.

  • How many offices does Akamai have?

    Akamai has 56 offices.