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
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 424 | 402 | 446 | 530 | 564 | 658 | 793 | 872 | 801 | 1,008 | 1,058 | 1,215 | 1,405 | 1,275 | 1,348 | 1,519 | 1,519 | 1,447 |
| Depreciation and amortisation | 122 | 143 | 168 | 204 | 184 | 247 | 300 | 334 | 372 | 435 | 441 | 478 | 551 | 593 | 571 | 648 | 709 | 728 |
| Stock-based pay | 59 | 76 | 61 | 91 | 96 | 112 | 127 | 145 | 164 | 184 | 187 | 197 | 203 | 217 | 328 | 393 | 459 | 510 |
| Capital spending | 81 | 159 | 133 | 167 | 188 | 207 | 312 | 181 | 254 | 218 | 360 | 514 | 329 | 241 | 458 | 390 | 508 | 491 |
| Free cash flow | 343 | 243 | 313 | 363 | 376 | 451 | 482 | 691 | 547 | 791 | 699 | 701 | 1,076 | 1,033 | 891 | 1,129 | 1,011 | 956 |
| Free cash flow after stock pay | 285 | 167 | 252 | 273 | 280 | 339 | 355 | 546 | 383 | 607 | 511 | 503 | 873 | 816 | 562 | 735 | 552 | 446 |
| Share buybacks | 66 | 92 | 324 | 141 | 160 | 269 | 303 | 374 | 361 | 750 | 335 | 194 | 522 | 608 | 654 | 557 | 800 | 616 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 393 | 344 | 251 | 459 | 442 | 367 | 313 | 326 |
| Depreciation and amortisation | 166 | 168 | 174 | 175 | 177 | 183 | 184 | 186 |
| Stock-based pay | 103 | 99 | 112 | 113 | 115 | 119 | 129 | 146 |
| Capital spending | 113 | 93 | 118 | 146 | 113 | 132 | 102 | 145 |
| Free cash flow | 280 | 251 | 133 | 314 | 329 | 235 | 211 | 181 |
| Free cash flow after stock pay | 177 | 152 | 21 | 201 | 214 | 116 | 82 | 35 |
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