Screener / SEC EDGAR /CIK 0001086222 /10-K filed Feb 20, 2026, compared with Feb 24, 2025 /Numbers from the XBRL of the 10-Ks
Technology peers:
Nasdaq Technology · Business Services

Akamai Technologies AKAM

Since 1998, Akamai has developed and provided solutions for global enterprises to build, secure and accelerate their applications and digital experiences. 10-K, Item 1

Employees
11,000
Headquarters
Cambridge, MA
Next results
around Feb 18, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $4.2B through the costs to a net profit of $452.0M · income statement of the 10-K

13% operating margin
Revenue to Gross profit: $2.5BRevenue to Cost of revenue: $1.7BGross profit to Operating profit: $566.9MGross profit to Operating expenses: $1.9BOperating profit to Net profit: $452.0MOperating profit to Tax & other: $114.9MOperating expenses to R&D: $513.6MOperating expenses to Sales, admin & other: $1.4B Revenue: $4.2B REVENUE $4.2B +5% Y/Y Gross profit: $2.5B · 59% margin GROSS PROFIT $2.5B 59% margin Cost of revenue: $1.7B · 41% of revenue COST OF REVENUE $1.7B 41% of revenue Operating profit: $566.9M · 13% margin OPERATING PROFIT $566.9M 13% margin · +6% Y/Y Operating expenses: $1.9B · 45% of revenue OPERATING EXPENSES $1.9B 45% of revenue Net profit: $452.0M · 11% margin NET PROFIT $452.0M 11% margin · −10% Y/Y Tax & other: $114.9M · 3% of revenue TAX & OTHER $114.9M 3% of revenue R&D: $513.6M · 12% of revenue R&D $513.6M 12% of revenue Sales, admin & other: $1.4B · 33% of revenue SALES, ADMIN & OTHER $1.4B 33% of revenue
Gross profit $2.5B 59% margin
Operating profit $566.9M 13% margin · +6% Y/Y
Net profit $452.0M 11% margin · −10% Y/Y
The full income statement, year by year

AKAM among Technology peers

Six ratios from the latest 10-K. Each corner is the share of 74 peers the company is above, not a score.

Compare
Revenue growth: 5.4%, above 14% of 74 peers (their median 14.1%) REVENUE GROWTH 5.4% · above 14% Gross margin: 56.4%, above 48% of 67 peers (their median 58.0%) GROSS MARGIN 56.4% · above 48% Operating margin: 9.1%, above 20% of 70 peers (their median 23.8%) OPERATING MARGIN 9.1% · above 20% Net margin: 8.8%, above 20% of 74 peers (their median 19.2%) NET MARGIN 8.8% · above 20% FCF margin: 12.4%, above 21% of 70 peers (their median 23.7%) FCF MARGIN 12.4% · above 21% Return on capital: 8.3%, above 34% of 61 peers (their median 12.7%) RETURN ON CAPITAL 8.3% · above 34%
AKAM Peer median Below the median

What changed

10 new risk paragraphs. 10-K filed Feb 20, 2026 against Feb 24, 2025.

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

10 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 10 checks found nothing to note

  • Receivables +9.1% vs revenue +5.4% (+3.6 pts)
  • Cash from operations $1.5B vs net income $452.0M (FY ending Dec 31, 2025)
  • Same auditor in both 10-Ks: PricewaterhouseCoopers LLP
7 more checks with nothing to note
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No longer listed: Acquisition of Noname Gate Ltd. - Valuation of Completed Technologies; Table of Content s. Same as last year: Revenue Recognition
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

10 paragraphs in Risk Factors that were not in the 10-K filed Feb 24, 2025. Quoted as filed.

All 10 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 24, 2025 10-K, ITEM 1A
    Our contracts may not contain limitations of liability, and even where they do, there can be no assurance that such terms are sufficient to protect us from liabilities, damages, or claims related to our privacy and data security obligations. Further, although we maintain cyber liability insurance, this insurance may not provide adequate…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 24, 2025 10-K, ITEM 1A
    A significant portion of our hiring, new customers and revenue growth in recent years has been attributable to our business outside the U.S. Our operations in international countries subject us to risks that may increase our costs, impact our financial results, disrupt our operations or make our operations less efficient and require…
  3. Item 1A · new paragraph · not in the 10-K filed Feb 24, 2025 10-K, ITEM 1A
    Certain jurisdictions are adopting or tightening data localization and data residency requirements that restrict where customer or employee data may be stored, processed, accessed or encrypted. In the U.S., regulators are increasingly scrutinizing and restricting certain personal data transfers and transactions involving foreign…
  4. Item 1A · new paragraph · not in the 10-K filed Feb 24, 2025 10-K, ITEM 1A
    On January 22, 2026, the divestiture was finalized, and a new U.S.-based joint venture assumed operation of the U.S. application. Although the divestiture has been completed, certain aspects of the transaction could be subject to future governmental review or litigation. Further, it is difficult to predict whether any future…

New risk paragraphs, against peers

Latest 10-K of each, Technology companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

From the same starting line, FY2016 to FY2025

Revenue, net income and free cash flow, each set to 100 in FY2016. What happened, from the 10-Ks. Not a forecast.

FY2016 = 100
100 150 200 Revenue: $2.3B in FY2016, $4.2B in FY2025 REVENUE $4.2B · 1.8x Net income: $320.7M in FY2016, $452.0M in FY2025 NET INCOME $452.0M · 1.4x Free cash flow: $690.9M in FY2016, $1.0B in FY2025 FREE CASH FLOW $1.0B · 1.5x FY2016 = 100FY2021FY2025
Revenue 1.8x $2.3B to $4.2B
Net income 1.4x $320.7M to $452.0M
Free cash flow 1.5x $690.9M to $1.0B

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$3.6B$3.8B$4.0B$4.2B
Net income$523.7M$547.6M$504.9M$452.0M
Operating cash flow$1.3B$1.3B$1.5B$1.5B
Free cash flow$1.0B$890.5M$1.1B$1.0B

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$4.2B ▲ 5.4% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

6 filings in the last 30 days · SEC EDGAR

All filings
1 more

About the company

Akamai Technologies, Cambridge, MA · from the 10-K filed Feb 20, 2026

Since 1998, Akamai has developed and provided solutions for global enterprises to build, secure and accelerate their applications and digital experiences. As of December 31, 2025, our massively distributed global infrastructure was comprised of core and distributed compute sites, more than 4,300 edge points-of-presence in over 130 countries and approximately 700 cities, and our underlying global network integrated with roughly 1,200 network partners. With this scale and distribution, Akamai has visibility and insight into traffic volumes, congestion, attack patterns, vulnerabilities and other activities across the internet's complex intersections of networks and systems.

Headquarters
Cambridge, MA
Country
United States
Listed on
Nasdaq
Fiscal year ends
December 31
Last results
Nov 5, 2026
Incorporated in
DE

Employees, at the top of the page: "As of December 31, 2025, we had over 11,000 employees located in more than 30 countries (with approximately 65% of those employees located outside of the U" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Feb 20, 2026 (open at SEC), compared with the 10-K filed Feb 24, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/AKAM/export.csv") into a cell.