Akamai Technologies, Inc. (AKAM)

Akamai Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,883	3,812	3,617	3,461	3,198	2,894
Revenue Growth (YoY)	7.01%	5.40%	4.49%	8.23%	10.52%	6.60%
Cost of Revenue	1,544	1,511	1,384	1,269	1,133	987.62
Gross Profit	2,339	2,301	2,233	2,192	2,065	1,906
Selling, General & Admin	1,146	1,134	1,087	1,015	1,058	1,040
Research & Development	431.12	406.05	391.43	335.37	269.32	261.37
Other Operating Expenses	84.33	123.39	78.51	58.76	79.34	55.73
Operating Expenses	1,661	1,664	1,557	1,409	1,407	1,357
Operating Income	677.43	637.34	676.27	783.15	658.53	548.92
Interest Expense / Income	21.85	17.71	11.1	72.33	69.12	49.36
Other Expense / Income	-59.8	-34.37	14.81	-3.4	-13.56	-31.83
Pretax Income	715.38	654	650.37	714.21	602.98	531.39
Income Tax	89.44	106.37	126.7	62.57	45.92	53.35
Net Income	625.94	547.63	523.67	651.64	557.05	478.04
Net Income Growth	28.42%	4.57%	-19.64%	16.98%	16.53%	60.21%
Shares Outstanding (Basic)	152	153	159	163	162	163
Shares Outstanding (Diluted)	157	155	160	166	165	165
Shares Change	0.85%	-3.16%	-3.22%	0.36%	0.39%	-2.73%
EPS (Basic)	4.13	3.59	3.29	4.01	3.43	2.94
EPS (Diluted)	4.01	3.52	3.26	3.93	3.37	2.90
EPS Growth	31.05%	7.98%	-17.05%	16.62%	16.21%	64.77%
Free Cash Flow	785.27	618.4	816.37	859.33	483.13	496.23
Free Cash Flow Per Share	5.18	4.05	5.13	5.28	2.97	3.05
Gross Margin	60.23%	60.36%	61.74%	63.34%	64.58%	65.87%
Operating Margin	17.45%	16.72%	18.70%	22.63%	20.59%	18.97%
Profit Margin	16.12%	14.37%	14.48%	18.83%	17.42%	16.52%
Free Cash Flow Margin	20.22%	16.22%	22.57%	24.83%	15.11%	17.15%
Effective Tax Rate	12.50%	16.26%	19.48%	8.76%	7.62%	10.04%
EBITDA	1,329	1,242	1,254	1,337	1,150	1,021
EBITDA Margin	34.22%	32.59%	34.68%	38.63%	35.97%	35.30%
Depreciation & Amortization	591.5	570.78	592.75	550.63	478.39	440.67
EBIT	737.22	671.71	661.46	786.55	672.1	580.75
EBIT Margin	18.98%	17.62%	18.29%	22.72%	21.02%	20.07%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).