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Form 8-K · Current Report · Filed 2025-02-20

Akamai Reports Q4 2024 Financial Results

Akamai Technologies reported its financial results for Q4 and full-year 2024, revealing a revenue increase of 3% for Q4 and 5% for the full year, year-over-year, both adjusted for foreign exchange.

Filer
Akamai Technologies Inc. AKAM · NASDAQ
Filed
Accession
0001086222-25-000007
CIK
0001086222
Signal
Low impactTechnology

Details

The company's security and compute solutions saw growth, while delivery revenue declined. Non-GAAP net income per diluted share for the full year increased by 5%, demonstrating sustained profitability and market adoption of its product innovations.

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$100.26

Next session

-23.5%

Since filing

+14.9%

Latest close

$115.18

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from AKAM reporting the same item, with the next session's move:

Exhibits (2)

About Akamai Technologies Inc.

Akamai Technologies Inc. is a leading provider of cloud services for global content delivery, application performance, and secure digital experiences. It plays a crucial role in enabling enterprises to deliver media-rich content efficiently and securely across the internet. Akamai’s robust network infrastructure is renowned for its ability to handle large-scale web traffic, ensuring swift data transfer and reduced latency for users worldwide. The company’s services are pivotal in areas such as media and entertainment, online gaming, software downloads, and e-commerce, where high-speed, uninterrupted service is essential. Additionally, Akamai offers comprehensive security solutions that protect websites and online data from cyber threats, making it a vital partner for businesses seeking to maintain data integrity and secure customer interactions. Based in Cambridge, Massachusetts, Akamai Technologies operates globally, supporting a diverse range of industries with its innovative solutions for digital transformation and cybersecurity.

Exchange NASDAQ Industry Software - Infrastructure Company website ↗

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