10-Q
Quarterly Report
Akamai Technologies, Inc
AKAM
NASDAQ
CIK: 1086222
File #: 000-27275
Balance Sheet
46 line items · 2 periods
XBRL
| Item | Sep 30, 2025 | Dec 31, 2024 |
|---|---|---|
ASSETS | ||
Current assets: | ||
Cash and cash equivalents | 927,933,000 | 517,707,000 |
Marketable securities | 190,807,000 | 1,078,876,000 |
Accounts receivable, net of reserves of $5,769 and $3,522 at September 30, 2025, and December 31, 2024, respectively | 765,891,000 | 727,687,000 |
Prepaid expenses and other current assets | 282,607,000 | 253,827,000 |
Total current assets | 2,167,238,000 | 2,578,097,000 |
Marketable securities | 694,000,000 | 275,592,000 |
Property and equipment, net | 2,317,804,000 | 1,995,071,000 |
Operating lease right-of-use assets | 1,021,166,000 | 1,006,738,000 |
Acquired intangible assets, net | 647,480,000 | 727,585,000 |
Goodwill | 3,170,123,000 | 3,151,077,000 |
Deferred income tax assets | 619,367,000 | 483,249,000 |
Other assets | 196,095,000 | 151,376,000 |
Total assets | 10,833,273,000 | 10,368,785,000 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
Current liabilities: | ||
Accounts payable | 189,967,000 | 130,447,000 |
Accrued expenses | 308,160,000 | 370,888,000 |
Deferred revenue | 162,448,000 | 149,222,000 |
Convertible senior notes | 0 | 1,149,116,000 |
Operating lease liabilities | 281,347,000 | 259,134,000 |
Other current liabilities | 8,394,000 | 32,516,000 |
Total current liabilities | 950,316,000 | 2,091,323,000 |
Deferred revenue | 22,981,000 | 26,314,000 |
Deferred income tax liabilities | 27,154,000 | 16,066,000 |
Convertible senior notes | 4,103,106,000 | 2,396,695,000 |
Operating lease liabilities | 846,619,000 | 829,660,000 |
Other liabilities | 151,153,000 | 130,370,000 |
Total liabilities | 6,101,329,000 | 5,490,428,000 |
Stockholders’ equity: | ||
Preferred stock, $0.01 par value; 5,000,000 shares authorized; 700,000 shares designated as Series A Junior Participating Preferred Stock; no shares issued or outstanding | 0 | 0 |
Common stock, $0.01 par value; 700,000,000 shares authorized; 159,113,000 shares issued and 143,767,463 shares outstanding at September 30, 2025, and 155,647,988 shares issued and 150,025,096 outstanding at December 31, 2024 | 1,591,000 | 1,556,000 |
Additional paid-in capital | 2,819,050,000 | 2,618,384,000 |
Accumulated other comprehensive loss | (93,318,000) | (155,993,000) |
Treasury stock, at cost, 15,345,537 shares at September 30, 2025, and 5,622,892 shares at December 31, 2024 | 1,335,236,000 | 558,488,000 |
Retained earnings | 3,339,857,000 | 2,972,898,000 |
Total stockholders’ equity | 4,731,944,000 | 4,878,357,000 |
Common Stock | 1,591,000 | 1,556,000 |
Additional Paid-in Capital | 2,819,050,000 | 2,618,384,000 |
Accumulated Other Comprehensive Loss | (93,318,000) | (155,993,000) |
Treasury Stock | (1,335,236,000) | (558,488,000) |
Retained Earnings | 3,339,857,000 | 2,972,898,000 |
Foreign Currency Translation | (95,486,000) | (157,099,000) |
Net Unrealized Gains on Investments | 2,168,000 | 1,106,000 |
Total liabilities and stockholders’ equity | 10,833,273,000 | 10,368,785,000 |