---
schema_version: "secwatch.filing_event.v1"
accession: "0001086222-24-000013"
form_type: "8-K"
ticker: "AKAM"
cik: "0001086222"
company_name: "AKAMAI TECHNOLOGIES INC"
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:03:36.885562+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Akamai Q4 revenue $995M (+7% YoY); GAAP EPS $1.03, non-GAAP $1.69; guides Q1 rev $980-1,000M

## Summary
- Q4 revenue $995M (+7% YoY); GAAP diluted EPS $1.03 (+26%); non-GAAP diluted EPS $1.69 (+23%).
- Full-year 2023 revenue $3.812B (+5%); security & compute now 60% of total revenue, growing 17% and 24% respectively.
- Q1 2024 guidance: revenue $980M-$1,000M; non-GAAP EPS $1.59-$1.64; full-year 2024 revenue growth 6-8% (constant currency).
- Q4 share repurchases $55M (0.5M shares at avg $110.75); full-year $654M (7.8M shares at $83.83).
- Cash from operations Q4 $389M (39% of revenue); ending cash $2.3B.

## SEC filing metadata
- accession: 0001086222-24-000013
- form_type: 8-K
- ticker: AKAM
- cik: 0001086222
- company_name: AKAMAI TECHNOLOGIES INC
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1086222/000108622224000013/0001086222-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1086222/000108622224000013/akam-20240213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001086222-24-000013
- JSON: https://secwatch.observer/filing/0001086222-24-000013.json
- Plain text: https://secwatch.observer/filing/0001086222-24-000013.txt

## Key facts
- Earnings Releases
  AKAMAI TECHNOLOGIES INC reported the full-year ended December 31, 2023 results: revenue $3.812 billion, net income $548 million, EPS $3.52.
  - Period: the full-year ended December 31, 2023
  - Revenue: $3.812 billion
  - Net income: $548 million
  - EPS: $3.52
  - Result: reported results
  source text: Total revenue for 2023 was $3.812 billion compared to $3.617 billion for 2022, up 5% year-over-year and up 6% when adjusted for foreign exchange.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1086222/000108622224000013/0001086222-24-000013-index.htm
- Earnings Releases
  AKAMAI TECHNOLOGIES INC reported the fourth quarter and full-year ended December 31, 2023 results: revenue $995 million, net income $161 million, EPS $1.03.
  - Period: the fourth quarter and full-year ended December 31, 2023
  - Revenue: $995 million
  - Net income: $161 million
  - EPS: $1.03
  - Result: reported results
  source text: 646-320-4107 617-274-7130 gsorice@akamai.com tbarth@akamai.com AKAMAI REPORTS FOURTH QUARTER 2023 AND FULL-YEAR 2023 FINANCIAL RESULTS Fourth quarter highlights • Revenue of $995 million, up 7% year-over-year and when adjusted for foreign exchange* • Security and compute revenue represented 61% of total revenue in the fourth quarter and grew 18% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1086222/000108622224000013/0001086222-24-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.