AKAM · 8-K · 20260806PR000083
Liquidity and Debt Position
AKAMAI TECHNOLOGIES INC · 2026-08-06 · Importance 69 · Surprise 64 · In source text
Cash, cash equivalents and marketable securities totaled $4.616 billion as of June 30, 2026, including $1.480 billion of cash and cash equivalents and $3.136 billion of marketable securities. Convertible senior notes totaled $7.563 billion, consisting of $1.706 billion classified as current and $5.857 billion as long-term debt, compared with $4.105 billion of long-term notes at December 31, 2025. During the quarter, Akamai received $3.453 billion from convertible note issuance, $657 million from related warrants, and used $894 million to purchase note hedges. Second-quarter operating cash flow was $326 million, or 30% of revenue, while six-month operating cash flow was $639 million.
Key facts
- Proceeds from the issuance of convertible senior notes, net of issuance costs, in the three months ended June 30, 2026 were $3,452,749 thousand and proceeds from the issuance of warrants related to convertible senior notes were $657,125 thousand. source
- Purchases of short- and long-term marketable securities in the three months ended June 30, 2026 were $2,106,653 thousand. source
- Cash from operations for the second quarter of 2026 was $326 million, or 30% of revenue. source
- Cash, cash equivalents and marketable securities was $4.616 billion as of June 30, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | — | Proceeds from the issuance of convertible senior notes, net of issuance costs, in the three months ended June 30, 2026 were $3,452,749… |
| cash | positive | realized | — | Proceeds from the issuance of convertible senior notes, net of issuance costs, in the three months ended June 30, 2026 were $3,452,749… |
| liability | negative | realized | — | Proceeds from the issuance of convertible senior notes, net of issuance costs, in the three months ended June 30, 2026 were $3,452,749… |
| cash | negative | realized | — | Purchases of short- and long-term marketable securities in the three months ended June 30, 2026 were $2,106,653 thousand. |
| assets | positive | realized | — | Purchases of short- and long-term marketable securities in the three months ended June 30, 2026 were $2,106,653 thousand. |
| cash | positive | realized | — | Cash from operations for the second quarter of 2026 was $326 million, or 30% of revenue. |