NASDAQ$AKAM

Akamai Technologies · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Akamai's Q4 2022 earnings were reported, showcasing revenue growth and strong performance in security and compute solutions.

Akamai reported Q4 2022 revenue of $928 million, a 2% increase year-over-year, with security and compute revenue representing 55% of the total. GAAP EPS was $0.82, and non-GAAP EPS was $1.37. The company is optimistic about its leadership position in delivery, security, and cloud computing solutions for 2023.

  • Q4 revenue reached $928 million, up 2% year-over-year and 6% when adjusted for foreign exchange.
  • Security and compute revenue grew by 18% year-over-year, representing 55% of total Q4 revenue.
  • GAAP EPS was $0.82, a 15% decrease year-over-year, while non-GAAP EPS was $1.37, an 8% decrease year-over-year.
  • The company repurchased 2.1 million shares of its common stock for $178 million during the quarter.

Headline financials

Total Revenue

$928M

Previous: $905M+2.5%
EPS (adj)

$1.37

Previous: $1.49-8.1%
Capital Expenditures

$65.2M

Previous: $63.8M+2.2%
Free Cash Flow

$276M

Previous: $323M-14.5%
Net Income

$129M

Previous: $161M-19.6%
Operating Income

$167M

Previous: $196M-14.8%
Gross Profit

$570M

Previous: $580M-1.7%
Cash & Equivalents

$542M

Previous: $537M+1.0%
Total Assets

$8.3B

Previous: $8.14B+2.0%
Stock-Based Comp

$58.4M

Previous: $49M+19.2%

Revenue & EPS history

Akamai · Revenue · Quarterly

$928M

Q4 2022+2.5%vs Q4 2021
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Akamai · $815M total across 2 segments · Q4 2022

  • Delivery Revenue
    $415M-23.2%
  • Security Revenue
    $400M+9.6%

Forward guidance

Akamai is optimistic about its leadership position as the most widely distributed cloud platform with leading solutions for delivery, security and cloud computing.

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 2022

Historical avgQ4 2022

-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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro