AKAM · 10-Q · 2026Q3 · Full report

Liquidity and Cash Position

AKAMAI TECHNOLOGIES INC · 2026-11-06 · Importance 37 · Surprise 6 · From source text

As of September 30, 2026, Akamai held $4.2 billion in cash, cash equivalents and marketable securities, including $421.0 million of cash and cash equivalents outside the U.S. Management expected these resources, forecast operating cash flows and available revolving credit to cover foreseeable cash needs for at least the next 12 months. The company reported $1.0718 billion of operating cash flow for the nine months ended September 30, 2026, down from $1.1522 billion in the comparable 2025 period, attributing the decline to customer collection timing, higher payroll costs from increased headcount and higher co-location lease payments.

Key facts

• Akamai’s net cash used in investing activities was $3,334,452 thousand for the nine months ended September 30, 2026, compared with $174,351 thousand in 2025. source
• Akamai’s net cash provided by financing activities was $2,487,181 thousand for the nine months ended September 30, 2026, compared with net cash used of $586,334 thousand in 2025. source
• Akamai's interest and marketable securities income, net, was $41.719 million for the three months ended September 30, 2026, compared with $18.893 million in 2025, and $90.938 million for the nine months ended September 30, 2026, compared with $52.552 million in 2025. source
• As of September 30, 2026, Akamai had $4.2 billion in cash, cash equivalents and marketable securities. source
• Akamai had $421.0 million of cash and cash equivalents in accounts outside the U.S. as of September 30, 2026. source
• Akamai’s net cash provided by operating activities was $1,071,811 thousand for the nine months ended September 30, 2026, compared with $1,152,181 thousand for the same period in 2025. source
• Akamai may evaluate financing alternatives to address liquidity and capital needs, particularly if the timing of capital expenditures, customer payments, or other cash flows differs from current expectations, taking potential shareholder dilution into consideration. source
• Akamai expects its current cash, cash equivalents and marketable securities, forecasted operating cash flows, and revolving credit facility availability to cover foreseeable cash needs for at least the next 12 months. source

Impact estimates