For the year ending 2025-12-31, AKAM had $412,224K increase in cash & cash equivalents over the period. $1,010,979K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net income | 452,031 | 504,918 | 547,629 | 523,672 |
| Depreciation and amortization | 708,611 | 648,410 | 570,776 | 592,754 |
| Stock-based compensation | 459,402 | 393,378 | 328,467 | 217,185 |
| Provision (benefit) for deferred income taxes | 26,653 | -70,268 | -22,987 | -104,971 |
| Amortization of debt discount and issuance costs | - | - | 5,341 | 4,395 |
| Amortization of debt issuance costs | 7,053 | 6,521 | - | - |
| (gain) loss on investments | 9,370 | -5,066 | 311 | -15,895 |
| Other non-cash reconciling items, net | -47,462 | -65,488 | -50,221 | -31,063 |
| Accounts receivable | 59,437 | 22,300 | 49,203 | 21,214 |
| Prepaid expenses and other current assets | 43,749 | 46,094 | 18,726 | 20,125 |
| Accounts payable and accrued expenses | -48,577 | 344 | -39,825 | -26,499 |
| Deferred revenue | -13,054 | 20,687 | 48 | 16,713 |
| Other current liabilities | 965 | 26,860 | 1,516 | -5,318 |
| Other non-current assets and liabilities | 9,225 | 13,839 | 24,507 | -51,126 |
| Net cash provided by operating activities | 1,518,765 | 1,519,171 | 1,348,439 | 1,274,676 |
| Cash paid for business acquisitions, net of cash acquired | 55,112 | 434,066 | 106,171 | 872,091 |
| Cash paid for asset acquisitions | 29,930 | 132,835 | 120,985 | 0 |
| Purchases of property and equipment | 507,786 | 390,433 | 457,909 | 241,266 |
| Capitalization of internal-use software development costs | 311,714 | 294,834 | 272,131 | 217,036 |
| Purchases of short- and long-term marketable securities | 964,590 | 236,176 | 1,461,890 | 17,975 |
| Proceeds from sales of short- and long-term marketable securities | 273,375 | 333,069 | 201,585 | 575,522 |
| Proceeds from maturities and redemptions of short- and long-term marketable securities | 1,060,308 | 352,623 | 375,332 | 156,658 |
| Other, net | 5,294 | -3,973 | 6,069 | 6,122 |
| Net cash used in investing activities | -540,743 | -798,679 | -1,848,238 | -622,310 |
| Proceeds from borrowings under revolving credit facility | 250,000 | 0 | 90,000 | - |
| Repayment of borrowings under revolving credit facility | 250,000 | 0 | 90,000 | - |
| Proceeds from the issuance of convertible senior notes, net of issuance costs | 1,701,202 | 0 | 1,247,388 | - |
| Proceeds from the issuance of warrants related to convertible senior notes | 330,855 | 0 | 90,195 | - |
| Purchases of note hedges related to convertible senior notes | 605,820 | 0 | 236,555 | - |
| Repayment of convertible senior notes | 1,149,992 | - | - | - |
| Proceeds related to the issuance of common stock under stock plans | 62,450 | 61,513 | 62,979 | 56,462 |
| Employee taxes paid related to net share settlement of stock awards | 123,770 | 173,176 | 66,222 | 82,236 |
| Repurchases of common stock | 799,963 | 557,468 | 654,046 | 608,010 |
| Other, net | -2,998 | -10,504 | -360 | -393 |
| Net cash (used in) provided by financing activities | -588,036 | -679,635 | 443,379 | -634,177 |
| Effects of exchange rate changes on cash, cash equivalents and restricted cash | 22,238 | -12,243 | 3,868 | -12,918 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 412,224 | 28,614 | -52,552 | 5,271 |
| Cash, cash equivalents and restricted cash at beginning of year | 519,084 | 490,470 | 543,022 | 537,751 |
| Cash, cash equivalents and restricted cash at end of year | 931,308 | 519,084 | 490,470 | 543,022 |
AKAMAI TECHNOLOGIES INC (AKAM)
AKAMAI TECHNOLOGIES INC (AKAM)