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AKAM Financial Statements and Analysis

NASDAQ : AKAM

Akamai Technologies, Inc.

$76.73
-21.3-21.73%
At Close 4:00 PM
$77.01
0.28+0.36%
After-Market 07:57 PM
59.95
BESG ScoreESG Rating

AKAM FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

AKAM Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue1.005B979.58M986.97M995.017M965.484M
cost of revenue408.806M440.468M432.325M426.898M383.075M
gross profit595.873M539.112M554.645M568.119M582.409M
gross profit ratio0.5930.550.5620.5710.603
research and development expenses120.347M113.352M116.932M109.202M105.942M
general and administrative expenses159.957M247.841M252.107M250.438M130.913M
selling and marketing expenses138.551M25.609M16.841M22.124M132.309M
selling general and administrative expenses298.508M274.21M270.269M273.803M263.222M
other expenses106.381M-949.00K511.00K-5.642M-3.161M
operating expenses525.236M387.562M387.201M383.005M401.969M
cost and expenses934.042M828.03M819.526M809.903M785.044M
interest income21.113M26.628M27.841M23.981M11.412M
interest expense4.783M4.88M6.818M6.884M4.987M
depreciation and amortization165.729M158.549M156.183M147.634M148.56M
ebitda244.318M332.214M351.263M332.748M337.251M
ebitda ratio0.2430.3170.3280.3340.349
operating income70.637M151.55M167.444M185.114M176.129M
operating income ratio0.070.1550.170.1860.182
total other income expenses net3.169M15.286M20.818M11.127M-7.472M
income before tax73.806M166.836M188.262M196.241M179.393M
income before tax ratio0.0730.170.1910.1970.186
income tax expense15.899M35.148M12.844M35.076M20.326M
net income57.907M131.688M175.418M161.165M160.542M
net income ratio0.0580.1340.1780.1620.166
eps0.380.861.161.071.06
eps diluted0.370.861.111.031.04
weighted average shs out151.776M152.265M151.628M150.979M151.359M
weighted average shs out dil154.765M153.588M157.466M157.024M154.976M
Graph

AKAM Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents569.749M448.042M467.717M489.468M459.907M
short term investments1.129B1.189B1.207B374.971M479.355M
cash and short term investments1.699B1.637B1.675B864.439M939.262M
net receivables696.493M699.258M716.638M724.302M713.382M
inventory001.0000
other current assets238.732M180.579M186.089M216.114M214.737M
total current assets2.634B2.517B2.577B1.805B1.867B
property plant equipment net2.955B2.90B2.811B2.735B2.67B
goodwill3.154B3.146B2.847B2.85B2.843B
intangible assets586.247M632.984M512.554M536.143M465.203M
goodwill and intangible assets3.741B3.779B3.359B3.387B3.308B
long term investments279.411M276.943M582.023M1.431B1.209B
tax assets431.318M428.235M430.428M418.297M405.251M
other non current assets149.769M186.329M175.295M124.34M122.395M
total non current assets7.556B7.57B7.358B8.095B7.715B
other assets01.00000
total assets10.19B10.088B9.936B9.90B9.582B
account payables106.629M124.507M134.677M146.927M144.466M
short term debt1.40B1.39B465.462M222.944M205.09M
tax payables000108.287M0
deferred revenue138.929M139.934M142.527M107.544M124.394M
other current liabilities337.398M291.386M66.272M358.623M336.541M
total current liabilities1.983B1.946B808.938M836.038M810.491M
long term debt3.25B3.225B4.34B3.538B4.297B
deferred revenue non current24.316M28.526M20.929M23.006M26.991M
deferred tax liabilities non current27.387M26.442M24.977M24.622M20.935M
other non current liabilities135.73M106.561M106.768M880.987M102.472M
total non current liabilities3.413B3.387B4.493B4.467B4.447B
other liabilities01.0001.000
capital lease obligations1.106B831.264M800.107M774.806M965.743M
total liabilities5.396B5.333B5.302B5.303B5.258B
preferred stock00000
common stock1.548M1.544M1.536M1.512M1.583M
retained earnings2.833B2.775B2.643B2.468B2.307B
accumulated other comprehensive income loss-100.436M-136.921M-116.593M-95.33M-137.472M
other total stockholders equity2.06B2.115B2.105B2.223B2.153B
total stockholders equity4.794B4.755B4.634B4.597B4.324B
total equity4.794B4.755B4.634B4.597B4.324B
total liabilities and stockholders equity10.19B10.088B9.936B9.90B9.582B
minority interest00000
total investments1.409B1.466B1.789B1.806B479.355M
total debt4.65B4.616B4.573B4.536B4.502B
net debt4.08B4.167B4.105B4.047B4.042B
Graph

AKAM Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax-2.541M13.946M-10.467M-13.224M-10.172M
stock based compensation102.607M98.466M93.26M92.123M87.017M
change in working capital41.568M24.692M-66.26M-5.265M-34.353M
accounts receivables11.29M17.538M-736.00K-2.941M-23.484M
inventory0000-11.861M
accounts payables-31.765M19.523M-66.949M20.345M23.615M
other working capital10.944M-12.369M1.425M-22.669M-22.623M
other non cash items126.747M3.622M477.055M6.76M7.842M
net cash provided by operating activities392.542M430.963M351.878M389.193M359.436M
investments in property plant and equipment-185.117M-163.537M-173.754M-133.887M-197.619M
acquisitions net4.796M-438.862M0-84.637M1.63M
purchases of investments-15.519M-16.103M-170.019M107.947M-1.435B
sales maturities of investments84.849M337.22M182.255M-208.093M491.33M
other investing activites-441.00K-5.40M9.935M2.837M-24.488M
net cash used for investing activites-116.228M-286.682M-151.583M-315.833M-1.164B
debt repayment000-1.338B-20.00M
common stock issued-28.266M7.956M20.31M1.351B18.222M
common stock repurchased253.258M-127.809M-125.449M-54.891M-113.197M
dividends paid0000-18.222M
other financing activites151.434M-32.636M-110.842M-15.312M1.108B
net cash used provided by financing activities376.426M-160.445M-215.981M-56.777M974.645M
effect of forex changes on cash9.306M-5.293M-4.013M11.597M-7.019M
net change in cash662.046M-19.675M-21.751M29.561M162.899M
cash at end of period1.11B448.042M467.717M489.468M462.29M
cash at beginning of period448.042M467.717M489.468M459.907M299.391M
operating cashflow392.542M430.963M351.878M389.193M359.436M
capital expenditure-185.117M-163.537M-173.754M-133.887M-197.619M
free cash flow207.425M267.426M178.124M255.306M161.817M
Graph

Frequently Asked Questions

How did Akamai Technologies, Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, AKAM generated $1.00B in revenue last quarter, while its costs came in at $408.81M.

Last quarter, how much Gross Profit did Akamai Technologies, Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Akamai Technologies, Inc. reported a $595.87M Gross Profit for the quarter ended Sep 30, 2024.

Have AKAM's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. AKAM incurred $525.24M worth of Operating Expenses, while it generated $70.64M worth of Operating Income.

How much Net Income has AKAM posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Akamai Technologies, Inc., the company generated $57.91M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Akamai Technologies, Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Akamai Technologies, Inc. as of the end of the last quarter was $569.75M.

What are AKAM's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, AKAM had Total Net Receivables of $696.49M.

In terms of Total Assets and Current Assets, where did Akamai Technologies, Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of AKAM were $2.63B, while the Total Assets stand at $10.19B.

As of the last quarter, how much Total Debt did Akamai Technologies, Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of AKAM's debt was $4.65B at the end of the last quarter.

What were AKAM's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, AKAM reported total liabilities of $5.40B.

How much did AKAM's Working Capital change over the last quarter?

Working Capital Change for AKAM was $41.57M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

AKAM generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. AKAM generated $392.54M of Cash from Operating Activities during its recently reported quarter.

What was AKAM's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. AKAM reported a $662.05M Net Change in Cash in the most recent quarter.

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