Akamai Technologies (AKAM) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Akamai Technologies

NasdaqGS•Technology•Software - Infrastructure

$107.08+2.60(0.02%)After hours

Market Cap

$15.11B

P/E

36.8x

P/S

3.5x

P/B

3.2x

Akamai Technologies, Inc. engages in the provision of security, delivery, and cloud computing solutions in the United States and internationally. It offers security solutions that include web application and application programming interfaces (API) protection solutions, which protect web, API, and mobile app traffic from attacks; Bot & Abuse portfolio, which provides solutions to help customers protect against threats; full account lifecycle protections including the ability to defend against account takeover and opening abuse, adversarial bot protection, protection against credential stuffing, inventory scalping, and hoarding; and solutions designed to stop persistent scrapers from stealing content; API security, which discovers, audits, and monitors API; and microservice and application component protection that analyzes and protects application traffic that moves between application components. The company also offers cloud computing services, which include compute, storage, and cloud native and networking services; and Akamai App Platform, provides ready-to-run templates that address challenges in deploying, managing and scaling Kubernetes clusters at scale. In addition, it offers delivery solutions that include web and mobile performance solutions, which enables dynamic websites and applications, as well as global traffic management, site acceleration, application load balancing, large-scale load testing, and real-user monitoring; and media delivery solutions, including video streaming and video player services, game and software delivery, broadcast operations, authoritative domain name system, resolution, and data and analytics. Akamai Technologies, Inc. was incorporated in 1998 and is headquartered in Cambridge, Massachusetts.

How this company scores

AverageMetricSide Score: 56/100

Strongest: Cash & Earnings Quality (18/25); weakest: Profitability (10/25).

Profitability10/25

Growth15/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality18/25

Strengths

Interest easily coveredCash-backed earningsConsistent free cash flowConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 36.8x5y range 21.6x – 36.8x

Currently above its 20-quarter median.

P/S · 3.5x5y range 2.6x – 5.5x

Currently near its 20-quarter median.

P/B · 3.2x5y range 2.3x – 4.5x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 17.4% — watch for continued compression, which may signal competitive or cost pressure.

Leverage Risk

Watch

Debt-to-equity has risen 34.4% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $15.11B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $4.32B
Q. Revenue: $1.10B
TTM EBITDA: $1.18B
TTM Op. Income: $455.68M
Q. Op. Income: $80.28M
TTM Net Income: $410.96M
Q. Net Income: $79.40M
EPS: $0.55
Shares Out.: $144.66M

$4.32B in TTM revenue grew 5.9% YoY, reaching $1.10B last quarter. TTM EBITDA of $1.18B and TTM operating income of $455.68M show growth is flowing through to the bottom line. TTM net income of $410.96M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 24.2%
Op. Margin: 7.3%
Net Margin: 7.2%

Op. margin of 7.3% is down 7.2% YoY — costs are rising relative to revenue. Net margin at 7.2% Over the past year, operating margin is down 50% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 36.8x
P/S Ratio: 3.5x
P/B Ratio: 3.2x

At 36.8x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 3.5x and P/B of 3.2x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 35% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $15.07B
Cash: $1.48B
Long-Term Debt: $5.86B
Book Value: $4.75B
D/E Ratio: 1.2
Debt/EBITDA: 22.0

With $15.07B in assets and $5.86B in long-term debt, D/E is 1.2and book value is $4.75B — moderate leverage. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $326.27M
TTM Free Cash Flow: $956.10M
FCF Margin: 22.1%
FCF / Net Income: 2.3

TTM FCF of $956.10M on $326.27M in operating cash flow. The FCF / Net Income ratio of 2.3x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 2% — a weakening trend.