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Akamai Technologies Inc   (AKAM)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 

AKAM's Operating Income Growth by Quarter and Year

Akamai Technologies Inc 's Operating Income results by quarter and year




AKAM Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 184.79 167.48 196.09 134.62
III Quarter September 176.13 160.44 205.27 181.16
II Quarter June 149.79 175.04 199.43 190.43
I Quarter March 126.64 173.32 182.36 152.33
FY   637.35 676.28 783.15 658.54



AKAM Operating Income fourth quarter 2023 Y/Y Growth Comment
Akamai Technologies Inc reported Operating Income increase of 10.33% year on year in the fourth quarter 2023, to $ 184.79 millions, this is lower than Akamai Technologies Inc 's recent average Operating Income increase of 19.95%.

Looking into fourth quarter 2023 results within Professional Services industry 18 other companies have achieved higher Operating Income growth. While Akamai Technologies Inc ' s Operating Income growth of 10.33% ranks overall at the positon no. 509 in the fourth quarter 2023.

Explain Operating Income growth


AKAM Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December 10.33 % -14.59 % 45.66 % -0.52 %
III Quarter September 9.78 % -21.84 % 13.31 % 26.43 %
II Quarter June -14.43 % -12.23 % 4.73 % 40.25 %
I Quarter March -26.93 % -4.96 % 19.71 % 13.23 %
FY   -5.76 % -13.65 % 18.92 % 19.97 %

Financial Statements
Akamai Technologies Inc 's fourth quarter 2023 Operating Income $ 184.79 millions AKAM's Income Statement
Akamai Technologies Inc 's fourth quarter 2022 Operating Income $ 167.48 millions Quarterly AKAM's Income Statement
New: More AKAM's historic Operating Income Growth >>


AKAM Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December 4.91 % 4.39 % -4.47 % -25.69 %
III Quarter September 17.58 % -8.34 % 2.93 % -4.87 %
II Quarter June 18.28 % 0.99 % 9.36 % 25.01 %
I Quarter March -24.39 % -11.61 % 35.46 % 12.57 %
FY (Year on Year)   -5.76 % -13.65 % 18.92 % 19.97 %




Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Professional Services Industry #19
Services Sector #73
Overall #509

Operating Income Y/Y Growth Statistics
High Average Low
331.09 % 19.95 % -77.41 %
(Dec 31 2018)   (Dec 31 2017)
Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Professional Services Industry #19
Services Sector #73
Overall #509
Operating Income Y/Y Growth Statistics
High Average Low
331.09 % 19.95 % -77.41 %
(Dec 31 2018)   (Dec 31 2017)

Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Akamai Technologies Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
145.7 % 5.85 % -67.51 %
(Mar 31 2018)  


AKAM's IV. Quarter Q/Q Operating Income Comment
Akamai Technologies Inc achieved in the IV. Quarter 2023 below company average Operating Income growth of 4.91% quarter on quarter, to $ 184.79 millions.

IV. Quarter 2023 results were contradictory, albeit beneath the ordinary growth of 5.85 %, yet it demonstrates absolute acceleration compare to the 4.39% in the same quarter a year ago Jacob Gustafsson, an industry observer from Goteborg mentioned.

Within Professional Services industry 17 other companies have achieved higher Operating Income quarter on quarter growth. While Akamai Technologies Inc 's Operating Income growth quarter on quarter, overall rank is 500.


Operating Income Q/Q Growth Company Ranking
Within: No.
Professional Services Industry #18
Services Sector #74
Overall #500
Operating Income Q/Q Growth Company Ranking
Within: No.
Professional Services Industry #18
Services Sector #74
Overall #500
Operating Income Q/Q Growth Statistics
High Average Low
145.7 % 5.85 % -67.51 %
(Mar 31 2018)  


AKAM's IV. Quarter Q/Q Operating Income Comment
Akamai Technologies Inc achieved in the IV. Quarter 2023 below company average Operating Income growth of 4.91% quarter on quarter, to $ 184.79 millions.

IV. Quarter 2023 results were paradoxical, albeit below the regular rise of 5.85 %, yet it shows real improvement relative to the 4.39% in the IV. Quarter 2022 Jacob Gustafsson, an industry observer from Goteborg said.

Within Professional Services industry 17 other companies have achieved higher Operating Income quarter on quarter growth. While Akamai Technologies Inc 's Operating Income growth quarter on quarter, overall rank is 500.


Akamai Technologies Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Operating Income 12 Months Ending $ 637.34 $ 620.03 $ 604.34 $ 629.59 $ 676.27
Y / Y Operating Income Growth (TTM) -5.76 % -12.04 % -19.39 % -18.67 % -13.65 %
Year on Year Operating Income Growth Overall Ranking # 820 # 1444 # 1657 # 1711 # 1850
Seqeuential Operating Income Change (TTM) 2.79 % 2.6 % -4.01 % -6.9 % -4.06 %
Seq. Operating Income Growth (TTM) Overall Ranking # 820 # 1444 # 1657 # 1711 # 1850




Cumulative Operating Income growth Comment
Akamai Technologies Inc showed decline, but improvement compare to trailing twelve month Operating Income decrease in Sep 30 2023. If the fiscal year would end in Dec 31 2023, Akamai Technologies Inc 's annual Operating Income decline would be -5.76% year on year to $637 millions.

In the Services sector 139 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 820, from total ranking in previous quarter at 1444.

Operating Income TTM Q/Q Growth Statistics
High Average Low
356.82 %
23.57 %
-45.3 %
(March 31, 2006)  

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Professional Services Industry # 31
Services Sector # 140
Overall # 934

Operating Income TTM Y/Y Growth Statistics
High Average Low
356.82 %
23.57 %
-45.3 %
(March 31, 2006)  


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 24
Sector # 119
S&P 500 # 786
Cumulative Operating Income growth Comment
Akamai Technologies Inc showed decline, but improvement compare to trailing twelve month Operating Income decrease in Sep 30 2023. If the fiscal year would end in Dec 31 2023, Akamai Technologies Inc 's annual Operating Income drop would be -5.76% year on year to $637 millions.

In the Services sector 139 other companies have achieved higher trailing twelve month Operating Income growth. While Total ranking has impoved so far to 820, from total ranking in previous quarter at 1444.

Operating Income TTM Q/Q Growth Statistics
High Average Low
356.82 %
23.57 %
-45.3 %
(March 31, 2006)  


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Professional Services Industry # 31
Services Sector # 140
Overall # 934

Operating Income TTM Y/Y Growth Statistics
High Average Low
356.82 %
23.57 %
-45.3 %
(March 31, 2006)  


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 24
Sector # 119
S&P 500 # 786




Other Operating Income Growth
Professional Services Industry Operating Income Growth Trends and Statistics
Services Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
AKAM's Operating Income Growth Ratio versus Professional Services Industry, Services Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for AKAM's Competitors
Operating Income Growth for Akamai Technologies Inc 's Suppliers
Operating Income Growth for AKAM's Customers

You may also want to know
AKAM's Annual Growth Rates AKAM's Profitability Ratios AKAM's Asset Turnover Ratio AKAM's Dividend Growth
AKAM's Roe AKAM's Valuation Ratios AKAM's Financial Strength Ratios AKAM's Dividend Payout Ratio
AKAM's Roa AKAM's Inventory Turnover Ratio AKAM's Growth Rates AKAM's Dividend Comparisons



Companies with similar Operating Income drop for the quarter ending Dec 31 2023 within Services SectorY/Y Change %Operating Income for the quarter ending Dec 31 2023
Gxo Logistics Inc 17.57%$ 17.568 millions
Papa John s International Inc 17.49%$ 17.488 millions
Huron Consulting Group Inc 17.09%$ 17.087 millions
Visa Inc 16.97%$ 16.974 millions
Clean Harbors inc 15.62%$ 15.617 millions
Frontdoor Inc 15.38%$ 15.385 millions
Broadridge Financial Solutions Inc 15.29%$ 15.292 millions
Jones Lang Lasalle Incorporated14.02%$ 14.016 millions
Deluxe Corporation12.26%$ 12.263 millions
Wyndham Hotels and Resorts inc 11.83%$ 11.828 millions
Rollins Inc 11.19%$ 11.189 millions
Akamai Technologies Inc 10.34%$ 10.336 millions
Caesars Entertainment inc 9.84%$ 9.836 millions
Gatx Corporation9.15%$ 9.152 millions
Advanced Oxygen Technologies Inc 9.12%$ 9.118 millions
Mcdonald s corporation8.49%$ 8.487 millions
Grand Canyon Education inc 7.85%$ 7.853 millions
Fair Isaac Corp7.85%$ 7.852 millions
Charter Communications Inc 7.47%$ 7.467 millions
Cco Holdings Llc7.05%$ 7.053 millions
Exlservice Holdings Inc 6.41%$ 6.414 millions
Restaurant Brands International Limited Partnershi6.07%$ 6.069 millions
Mastercard Incorporated5.90%$ 5.905 millions
Yum Brands Inc 5.36%$ 5.363 millions




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