10-K
Annual Report
Akamai Technologies, Inc.
AKAM
NASDAQ
CIK: 1086222
File #: 0-27275
Balance Sheet
49 line items · 2 periods
XBRL
| Item | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
ASSETS | ||
Current assets: | ||
Cash and cash equivalents | 930,231,000 | 517,707,000 |
Marketable securities | 256,302,000 | 1,078,876,000 |
Accounts receivable, net of reserves of $7,706 and $3,522 at December 31, 2025 and 2024, respectively | 793,666,000 | 727,687,000 |
Prepaid expenses and other current assets | 306,481,000 | 253,827,000 |
Total current assets | 2,286,680,000 | 2,578,097,000 |
Marketable securities | 733,228,000 | 275,592,000 |
Property and equipment, net | 2,333,462,000 | 1,995,071,000 |
Operating lease right-of-use assets | 1,469,700,000 | 1,006,738,000 |
U.S. | 1,066,526,000 | 600,015,000 |
Non-U.S. | 403,174,000 | 406,723,000 |
Acquired intangible assets, net | 614,542,000 | 727,585,000 |
Goodwill | 3,206,525,000 | 3,151,077,000 |
Deferred income tax assets | 622,776,000 | 483,249,000 |
Other assets | 212,730,000 | 151,376,000 |
Total assets | 11,479,643,000 | 10,368,785,000 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
Current liabilities: | ||
Accounts payable | 125,054,000 | 130,447,000 |
Accrued expenses | 319,622,000 | 370,888,000 |
Deferred revenue | 151,186,000 | 149,222,000 |
Convertible senior notes | 0 | 1,149,116,000 |
Operating lease liabilities | 336,613,000 | 259,134,000 |
Other current liabilities | 35,043,000 | 32,516,000 |
Total current liabilities | 967,518,000 | 2,091,323,000 |
Deferred revenue | 17,088,000 | 26,314,000 |
Deferred income tax liabilities | 31,089,000 | 16,066,000 |
Convertible senior notes | 4,105,355,000 | 2,396,695,000 |
Operating lease liabilities | 1,233,420,000 | 829,660,000 |
Other liabilities | 147,802,000 | 130,370,000 |
Total liabilities | 6,502,272,000 | 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; 149,711,094 shares issued and 144,711,094 shares outstanding at December 31, 2025, and 155,647,988 shares issued and 150,025,096 outstanding at December 31, 2024 | 1,497,000 | 1,556,000 |
Additional paid-in capital | 2,080,487,000 | 2,618,384,000 |
Accumulated other comprehensive loss | (94,756,000) | (155,993,000) |
Treasury stock, at cost; 5,000,000 shares at December 31, 2025, and 5,622,892 shares at December 31, 2024 | 434,786,000 | 558,488,000 |
Retained earnings | 3,424,929,000 | 2,972,898,000 |
Total stockholders’ equity | 4,977,371,000 | 4,878,357,000 |
Common Stock | 1,497,000 | 1,556,000 |
Additional Paid-in Capital | 2,080,487,000 | 2,618,384,000 |
Treasury Stock | (434,786,000) | (558,488,000) |
Accumulated Other Comprehensive Loss | (94,756,000) | (155,993,000) |
Retained Earnings | 3,424,929,000 | 2,972,898,000 |
Foreign Currency Translation | (97,536,000) | (157,099,000) |
Net Unrealized Gains (Losses) on Investments | 2,780,000 | 1,106,000 |
Total liabilities and stockholders’ equity | 11,479,643,000 | 10,368,785,000 |
Common stock, shares issued (in shares) | 149,711,094 | 155,647,988 |