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; Image Manager that automatically optimizes online images; CloudTest to conduct load testing and other analysis of websites in a pre-production environment, and etc. 

TypePublic
Founded1998
HQCambridge, US
Websiteakamai.com
Employee Ratings4
Culture scoreB

Latest Updates

Employees (est.) (Mar 2019)7,462
Job Openings199
Revenue (FY, 2019)$2.9 B(+7%)
Share Price (May 2020)$100.4

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, Atlanta, Bellevue, Chicago 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 $2.89 b in FY, 2019
USD

Revenue (Q1, 2020)

764.3m

Gross profit (Q1, 2020)

495.7m

Gross profit margin (Q1, 2020), %

64.9%

Net income (Q1, 2020)

123.1m

EBIT (Q1, 2020)

152.3m

Market capitalization (22-May-2020)

16.3b

Closing stock price (22-May-2020)

100.4

Cash (31-Mar-2020)

384.1m

EV

18.6b
Akamai's current market capitalization is $16.3 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

2.3b2.5b2.7b2.9b

Revenue growth, %

6%7%8%

Cost of goods sold

809.0m875.8m953.5m987.6m

Gross profit

1.5b1.6b1.8b1.9b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

609.2m608.9m621.4m668.7m662.8m669.6m706.5m705.1m709.9m764.3m

Cost of goods sold

205.7m214.7m225.5m234.8m235.5m239.2m240.7m242.2m246.9m268.6m

Gross profit

403.5m394.3m395.9m433.9m427.3m430.4m465.8m462.9m463.0m495.7m

Gross profit Margin, %

66%65%64%65%64%64%66%66%65%65%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

324.2m313.4m1.0b393.7m

Accounts Receivable

368.6m459.1m479.9m551.9m

Prepaid Expenses

104.3m137.8m163.4m142.7m

Current Assets

1.3b1.3b2.5b2.2b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

316.1m218.3m298.4m478.0m

Depreciation and Amortization

334.3m372.3m434.5m440.7m

Accounts Payable

18.5m33.2m42.2m8.8m

Cash From Operating Activities

866.3m801.0m1.0b1.1b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

80.9m138.7m199.2m53.7m96.8m204.4m107.1m221.0m358.9m123.1m

Depreciation and Amortization

86.5m175.7m272.9m104.1m210.4m318.2m108.2m214.3m324.9m116.2m

Accounts Payable

(23.9m)(17.5m)22.2m(31.3m)(27.1m)7.9m(85.4m)(52.8m)(29.4m)(27.5m)

Cash From Operating Activities

142.6m367.3m603.5m192.0m411.7m722.2m160.9m478.8m776.2m223.2m
USDY, 2020

EV/EBIT

122 x

EV/CFO

83.2 x

Financial Leverage

1.9 x
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Akamai Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019

Networks

1.60 k1.70 k1.70 k

Servers Deployed

200 k200 k200 k200 k200 k200 k200 k200 k200 k200 k200 k200 k

Channel Partners

250

Patents (US)

265 330 375
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Akamai Acquisitions / Subsidiaries

Company NameDateDeal Size
krypt.coSeptember 23, 2019
ExcedaSeptember 10, 2019
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
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Akamai Revenue Breakdown

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Akamai revenue breakdown by business segment: 46.7% from Media Division and 53.3% from Web Division

Akamai revenue breakdown by geographic segment: 38.0% from International and 62.0% from U.S.

Akamai Online and Social Media Presence

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Akamai Company Culture

  • Overall Culture

    B

    72/100

  • CEO Rating

    A+

    78/100

  • Compensation

    A

    81/100

  • Diversity

    B

    71/100

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Akamai News and Updates

Global Video Streaming Market Report 2020-2027, Featuring Akamai Technologies, Netflix, Tencent, iflix and Rakuten Viki

DUBLIN, May 21, 2020 /PRNewswire/ -- The "Video Streaming Market Size, Share & Trends Analysis Report by Streaming Type, by Solution, by Platform, by Service, by Revenue Model, by Deployment Type, by User, and Segment Forecasts, 2020 - 2027" report has been added to...

Akamai stock ticks higher after earnings beat

Akamai Technologies Inc. shares rose in the extended session Tuesday cybersecurity company's quarterly results topped Wall Street estimates. Akamai shares rose 1.1% after hours, following a 1.1% decline in the regular session to close at $101.93. The company reported first-quarter net income of $12…

Thinking about trading options or stock in Akamai Technologies, Citrix Systems, Eli Lilly, Veeva Systems, or Walmart?

NEW YORK, March 19, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AKAM, CTXS, LLY, VEEV, and WMT. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Cabot Oil and Akamai are only two S&P 500 gainers

Just two of the stocks that make up the S&P 500 were higher Thursday, as markets sold off again on fears about the coronavirus that causes COVID-19, as it continues to spread around the world. Cabot Oil & Gas Corp. was up 4% and Akamai Technologies Inc. was up 0.9%, with the rest of the ma…

Akamai Security Research: APIs Are Now Target of Choice for Cybercriminals Attacking Financial Services Organizations

CAMBRIDGE, Mass., Feb. 19, 2020 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM) today published the Akamai 2020 State of the Internet / Security: Financial Services – Hostile Takeover Attempts report. The research findings reveal that from May 2019 and continuing on until the end...

Akamai beats estimates on cyber security and content delivery growth

Akamai Technologies on Tuesday beat quarterly estimates for revenue and profit, driven by strong demand for its cloud security services and growth in its traditional business of speeding up media content delivery through the web.
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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 7,462 employees.

  • What is Akamai revenue?

    Latest Akamai annual revenue is $2.9 b.

  • What is Akamai revenue per employee?

    Latest Akamai revenue per employee is $387.8 k.

  • Who are Akamai competitors?

    Competitors of Akamai include CloudFlare, Level 3 Parent and Fastly.

  • Where is Akamai headquarters?

    Akamai headquarters is located at 150 Broadway, Cambridge.

  • Where are Akamai offices?

    Akamai has offices in Cambridge, Atlanta, Bellevue, Chicago and in 50 other locations.

  • How many offices does Akamai have?

    Akamai has 58 offices.