10-Q
Quarterly Report
Akamai Technologies, Inc
AKAM
NASDAQ
CIK: 1086222
File #: 000-27275
Balance Sheet
45 line items · 2 periods
XBRL
| Item | Mar 31, 2026 | Dec 31, 2025 |
|---|---|---|
ASSETS | ||
Current assets: | ||
Cash and cash equivalents | 622,383,000 | 930,231,000 |
Marketable securities | 308,062,000 | 256,302,000 |
Accounts receivable, net of reserves of $6,188 and $7,706 at March 31, 2026, and December 31, 2025, respectively | 881,076,000 | 793,666,000 |
Prepaid expenses and other current assets | 319,102,000 | 306,481,000 |
Total current assets | 2,130,623,000 | 2,286,680,000 |
Marketable securities | 802,670,000 | 733,228,000 |
Property and equipment, net | 2,411,721,000 | 2,333,462,000 |
Operating lease right-of-use assets | 1,665,915,000 | 1,469,700,000 |
Acquired intangible assets, net | 589,355,000 | 614,542,000 |
Goodwill | 3,202,906,000 | 3,206,525,000 |
Deferred income tax assets | 627,603,000 | 622,776,000 |
Other assets | 214,959,000 | 212,730,000 |
Total assets | 11,645,752,000 | 11,479,643,000 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
Current liabilities: | ||
Accounts payable | 151,439,000 | 125,054,000 |
Accrued expenses | 286,427,000 | 319,622,000 |
Deferred revenue | 203,681,000 | 151,186,000 |
Operating lease liabilities | 369,110,000 | 336,613,000 |
Other current liabilities | 25,130,000 | 35,043,000 |
Total current liabilities | 1,035,787,000 | 967,518,000 |
Deferred revenue | 19,929,000 | 17,088,000 |
Deferred income tax liabilities | 34,840,000 | 31,089,000 |
Convertible senior notes | 4,107,607,000 | 4,105,355,000 |
Operating lease liabilities | 1,390,988,000 | 1,233,420,000 |
Other liabilities | 147,776,000 | 147,802,000 |
Total liabilities | 6,736,927,000 | 6,502,272,000 |
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; 152,383,987 shares issued and 145,549,131 shares outstanding at March 31, 2026, and 149,711,094 shares issued and 144,711,094 outstanding at December 31, 2025 | 1,524,000 | 1,497,000 |
Additional paid-in capital | 2,123,150,000 | 2,080,487,000 |
Accumulated other comprehensive loss | (116,624,000) | (94,756,000) |
Treasury stock, at cost, 6,834,856 shares at March 31, 2026, and 5,000,000 shares at December 31, 2025 | 630,473,000 | 434,786,000 |
Retained earnings | 3,531,248,000 | 3,424,929,000 |
Total stockholders’ equity | 4,908,825,000 | 4,977,371,000 |
Common Stock | 1,524,000 | 1,497,000 |
Additional Paid-in Capital | 2,123,150,000 | 2,080,487,000 |
Accumulated Other Comprehensive Loss | (116,624,000) | (94,756,000) |
Treasury Stock | (630,473,000) | (434,786,000) |
Retained Earnings | 3,531,248,000 | 3,424,929,000 |
Foreign Currency Translation | (115,151,000) | (97,536,000) |
Net Unrealized Gains (Losses) on Investments | (1,473,000) | 2,780,000 |
Total liabilities and stockholders’ equity | 11,645,752,000 | 11,479,643,000 |