NASDAQ$AKAM

Akamai Technologies · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Akamai's Q4 2019 earnings exceeded expectations due to the growth of the cloud security business and robust seasonal traffic.

Akamai reported Q4 2019 revenue of $772 million, up 8% year-over-year, with Cloud Security Solutions revenue growing 29% year-over-year. GAAP EPS was $0.73, up 28% year-over-year, and non-GAAP EPS was $1.23, up 15% year-over-year.

  • Q4 revenue reached $772 million, reflecting an 8% year-over-year increase and a 9% increase when adjusted for foreign exchange.
  • Cloud Security Solutions revenue experienced substantial growth, increasing by 29% year-over-year.
  • GAAP EPS saw a significant rise, climbing 28% year-over-year to $0.73.
  • Non-GAAP EPS also increased, rising 15% year-over-year to $1.23.

Headline financials

Total Revenue

$772M

Previous: $713M+8.2%
EPS (adj)

$1.23

Previous: $1.07+15.0%
Capital Expenditures

$90.9M

Previous: $74.3M+22.3%
Free Cash Flow

$191M

Previous: $212M-9.7%
Net Income

$119M

Previous: $94M+26.7%
Operating Income

$135M

Previous: $120M+12.5%
Gross Profit

$514M

Previous: $469M+9.6%
Cash & Equivalents

$394M

Previous: $1.04B-62.0%
Total Assets

$7.01B

Previous: $5.46B+28.3%
Stock-Based Comp

$46.9M

Previous: $45M+4.2%

Revenue & EPS history

Akamai · Revenue · Quarterly

$772M

Q4 2019+8.2%vs Q4 2018
Beat estimate in 16 of 16 quarters(100%)
ActualEstimate

Revenue by segment

Akamai · $238M total across 1 segment · Q4 2019

  • Security Revenue
    $238M+28.8%

Forward guidance

Akamai is well-positioned to achieve its 30% non-GAAP operating margin goal in 2020, as it continues to invest in innovation and new products to drive future growth.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-0.1%

Avg return

Earnings day

-0.6%

Avg return

5 days after

-0.5%

Avg return

30 days after

56%

40 / 71 earnings

Positive

+23.4%

Q2 2012

Best reaction

-21.7%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.8%+4.8%-4.5%
Q4 2025-13.5%+37.2%+27.9%
Q3 2025+14.7%+23.4%+14.4%
Q1 2025-10.6%-9.3%-9.8%
Q4 2024-21.7%-18.8%-17.3%
Q3 2024-14.6%-14.0%-6.4%
Q2 2024+9.6%+9.0%+4.2%
Q1 2024-10.7%-8.8%-12.7%
Q4 2023-10.4%-14.8%-15.0%
Q3 2023+2.0%+2.1%+6.0%
Q2 2023+8.0%+9.5%+9.2%
Q1 2023+7.8%+7.5%+16.7%
Q4 2022-10.6%-12.1%-17.6%
Q3 2022+6.2%+11.3%+7.2%
Q2 2022-0.4%-0.4%-6.4%
Q1 2022-8.5%-15.1%-8.5%
Q4 2021-5.2%-9.3%+4.1%
Q3 2021+5.2%+1.8%+5.3%
Q2 2021-5.5%-3.6%-5.0%
Q1 2021+1.4%+3.5%+7.0%
Q4 2020-10.4%-13.4%-17.3%
Q3 2020-8.2%-10.3%-2.2%
Q2 2020-3.5%-1.9%-0.5%
Q1 2020-5.0%-7.0%-0.2%
Q4 2019+1.8%+4.1%-16.4%
Q3 2019-1.4%-1.9%-2.1%
Q2 2019+5.5%+5.7%+7.0%
Q1 2019+2.1%+0.9%-3.2%
Q4 2018+2.7%+2.3%+6.1%
Q3 2018+17.1%+15.8%+12.3%
Q2 2018-4.9%-0.9%-0.8%
Q1 2018-0.4%+1.3%+7.0%
Q4 2017+2.7%+2.1%+19.5%
Q3 2017+4.9%+3.0%+8.2%
Q2 2017-13.1%-10.5%-13.6%
Q1 2017-14.1%-15.2%-21.4%
Q4 2016-8.8%-8.3%-7.9%
Q3 2016+15.1%+18.8%+13.0%
Q2 2016-12.8%-12.7%-5.8%
Q1 2016+7.4%
Q4 2015+17.0%
Q3 2015-16.5%
Q2 2015+2.2%
Q1 2015-2.5%
Q4 2014+4.6%
Q3 2014+4.7%
Q2 2014+0.0%
Q1 2014+0.2%
Q4 2013+23.0%
Q3 2013-13.7%
Q2 2013+2.1%
Q1 2013+19.8%
Q4 2012-14.1%
Q3 2012+5.6%
Q2 2012+23.4%
Q1 2012+4.6%
Q4 2011-2.2%
Q3 2011-4.9%
Q2 2011+0.7%
Q1 2011-1.3%
Q4 2010+1.5%
Q3 2010-4.2%
Q2 2010+8.1%
Q1 2010-0.6%
Q4 2009+4.4%
Q4 2007+4.4%
Q3 2008+2.5%
Q3 2009+2.5%
Q4 2008+0.1%
Q2 2008+0.1%
Q2 2009+0.1%

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