Akamai reports fourth quarter 2024 and full-year 2024 financial results

Fourth quarter highlights revenue of $1.020 billion, up 3% year-over-year and when adjusted for foreign exchange* security and compute revenue represented 69% of total revenue in the fourth quarter and grew 16% year-over-year and 17% when adjusted for foreign exchange* gaap net income per diluted share of $0.91, down 12% year-over-year and down 9% when adjusted for foreign exchange*, and non-gaap net income per diluted shared* of $1.66, down 2% year-over-year and flat when adjusted for foreign exchange* full-year highlights revenue of $3.991 billion, up 5% year-over-year and when adjusted for foreign exchange* security and compute revenue represented 67% of total revenue in 2024 and grew 18% year-over-year and when adjusted for foreign exchange* gaap net income per diluted share of $3.27, down 7% year-over-year and down 4% when adjusted for foreign exchange*, and non-gaap net income per diluted share* of $6.48, up 5% year-over-year and up 6% when adjusted for foreign exchange* cambridge, mass. , feb. 20, 2025 /prnewswire/ -- akamai technologies, inc. (nasdaq: akam), the cybersecurity and cloud computing company that powers and protects business online, today reported financial results for the fourth quarter and full-year ended december 31, 2024.
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