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Akamai Technologies cash flow statement

In fiscal 2025, Akamai Technologies's operations generated $1.52bn of cash; it spent $508m on capital projects, leaving free cash flow of $1.01bn. It returned $800m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Akamai Technologies: cash flow statement, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations4244024465305646587938728011,0081,0581,2151,4051,2751,3481,5191,5191,447
Depreciation and amortisation122143168204184247300334372435441478551593571648709728
Stock-based pay5976619196112127145164184187197203217328393459510
Capital spending81159133167188207312181254218360514329241458390508491
Free cash flow3432433133633764514826915477916997011,0761,0338911,1291,011956
Free cash flow after stock pay285167252273280339355546383607511503873816562735552446
Share buybacks6692324141160269303374361750335194522608654557800616

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Akamai Technologies's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Akamai Technologies.