CSIMarket
 


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

AKAM's Revenue Growth by Quarter and Year

Akamai Technologies Inc's Revenue results by quarter and year




AKAM Revenue (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December - 927.78 905.36 846.29
III Quarter September - 881.90 860.33 792.85
II Quarter June 935.72 903.33 852.82 794.72
I Quarter March 915.70 903.65 842.71 764.30
FY   1,851.42 3,616.66 3,461.22 3,198.16



AKAM Revenue second quarter 2023 Y/Y Growth Comment
Akamai Technologies Inc reported Revenue growth of 3.59% year on year in the second quarter 2023, to $ 935.72 millions, this is lower than Akamai Technologies Inc's recent average Revenue increase of 16.54%.

Looking into second quarter 2023 results within Professional Services industry 66 other companies have achieved higher Revenue growth. While Akamai Technologies Inc' s Revenue increase of 3.59% ranks overall at the positon no. 1819 in the second quarter 2023.




AKAM Revenue ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December - 2.48 % 6.98 % 9.61 %
III Quarter September - 2.51 % 8.51 % 11.68 %
II Quarter June 3.59 % 5.92 % 7.31 % 12.72 %
I Quarter March 1.33 % 7.23 % 10.26 % 8.18 %
FY   - 4.49 % 8.23 % 10.52 %

Financial Statements
Akamai Technologies Inc's second quarter 2023 Revenue $ 935.72 millions AKAM's Income Statement
Akamai Technologies Inc's second quarter 2022 Revenue $ 903.33 millions Quarterly AKAM's Income Statement
New: More AKAM's historic Revenue Growth >>


AKAM Revenue (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December - 5.2 % 5.23 % 6.74 %
III Quarter September - -2.37 % 0.88 % -0.24 %
II Quarter June 2.19 % -0.04 % 1.2 % 3.98 %
I Quarter March -1.3 % -0.19 % -0.42 % -1.01 %
FY (Year on Year)   - 4.49 % 8.23 % 10.52 %




Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Professional Services Industry #67
Services Sector #270
Overall #1819

Revenue Y/Y Growth Statistics
High Average Low
55.69 % 16.54 % 1.33 %
(June 30. 2006)  
Revenue second quarter 2023 Y/Y Growth Company Ranking
Within: No.
Professional Services Industry #67
Services Sector #270
Overall #1819
Revenue Y/Y Growth Statistics
High Average Low
55.69 % 16.54 % 1.33 %
(June 30. 2006)  

Revenue by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Akamai Technologies Inc's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
17.11 % 3.94 % -3.07 %
(Sep. 30, 2005)  


AKAM's II. Quarter Q/Q Revenue Comment
Akamai Technologies Inc achieved in the II. Quarter 2023 below company average Revenue growth of 2.19% quarter on quarter, to $ 935.72 millions.

II. Quarter 2023 performance seem to be paradoxical, albeit lower than the average increase of 3.94 %, yet it demonstrates real acceleration relative to the -0.04% in the II. Quarter a year ago

Within Professional Services industry 58 other companies have achieved higher Revenue quarter on quarter growth. While Akamai Technologies Inc's Revenue growth quarter on quarter, overall rank is 1706.


Revenue Q/Q Growth Company Ranking
Within: No.
Professional Services Industry #59
Services Sector #264
Overall #1706
Revenue Q/Q Growth Company Ranking
Within: No.
Professional Services Industry #59
Services Sector #264
Overall #1706
Revenue Q/Q Growth Statistics
High Average Low
17.11 % 3.94 % -3.07 %
(Sep. 30, 2005)  


AKAM's II. Quarter Q/Q Revenue Comment
Akamai Technologies Inc achieved in the II. Quarter 2023 below company average Revenue growth of 2.19% quarter on quarter, to $ 935.72 millions.

II. Quarter 2023 results appear to be paradoxical, even if lower than the average, yet it demonstrates absolute acceleration compare to the -0.04% in the II. Quarter a year ago Luca De Smet, a business expert located in Brussel mentioned.

Within Professional Services industry 58 other companies have achieved higher Revenue quarter on quarter growth. While Akamai Technologies Inc's Revenue growth quarter on quarter, overall rank is 1706.


Akamai Technologies Inc's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Sep 30 2022)
12 Months Ending
(Jun 30 2022)
Cumulative Revenue 12 Months Ending $ 3,661.09 $ 3,628.71 $ 3,616.65 $ 3,594.23 $ 3,572.67
Y / Y Revenue Growth (TTM) 2.48 % 3.02 % 4.49 % 5.65 % 7.14 %
Year on Year Revenue Growth Overall Ranking # 1717 # 1528 # 1377 # 1972 # 1777
Seqeuential Revenue Change (TTM) 0.89 % 0.33 % 0.62 % 0.6 % 1.43 %
Seq. Revenue Growth (TTM) Overall Ranking # 2074 # 2404 # 2552 # 2292 # 2423




Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Jun 30 2023 period, Akamai Technologies Inc's cumulative twelve months Revenue were $ 3,661 millions, company would post below average annual Revenue growth of 1.43% year on year, if the fiscal year would end at Jun 30 2023.
A slow-down in the Akamai Technologies Inc's Revenue growth from the 915.7% growth in Mar 31 2023.

In the Services sector 250 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 1528 to 1717.

Revenue TTM Q/Q Growth Statistics
High Average Low
422.24 %
26.55 %
2.48 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Professional Services Industry # 74
Services Sector # 251
Overall # 1717

Revenue TTM Y/Y Growth Statistics
High Average Low
422.24 %
26.55 %
2.48 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 74
Sector # 300
S&P 500 # 2074
Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Jun 30 2023 period, Akamai Technologies Inc's cumulative twelve months Revenue were $ 3,661 millions, company would post below average annual Revenue growth of 2.48% year on year, if the fiscal year would end at Jun 30 2023.
A slow-down in the Akamai Technologies Inc's Revenue growth from the 915.7% growth in Mar 31 2023.

In the Services sector 250 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 1528 to 1717.

Revenue TTM Q/Q Growth Statistics
High Average Low
422.24 %
26.55 %
2.48 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Professional Services Industry # 74
Services Sector # 251
Overall # 1717

Revenue TTM Y/Y Growth Statistics
High Average Low
422.24 %
26.55 %
2.48 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 74
Sector # 300
S&P 500 # 2074




Other Revenue Growth
Professional Services Industry Revenue Growth Trends and Statistics
Services Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
AKAM's Revenue Growth Ratio versus Professional Services Industry, Services Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for AKAM's Competitors
Revenue Growth for Akamai Technologies Inc's Suppliers
Revenue 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 Revenue growth for the quarter ending Jun 30 2023 within Services SectorY/Y Change %Revenue for the quarter ending Jun 30 2023
Agiliti Inc De6.24%$ 6.240 millions
Hilton Grand Vacations Inc 6.22%$ 6.224 millions
Gladstone Commercial Corp6.21%$ 6.206 millions
Stride inc 6.15%$ 6.149 millions
Comstock Holding Companies Inc 5.91%$ 5.905 millions
Everi Holdings Inc 5.83%$ 5.828 millions
Advantage Solutions Inc 5.71%$ 5.706 millions
Nathans Famous Inc 5.70%$ 5.702 millions
Avalon Holdings Corporation5.63%$ 5.630 millions
Expedia Group Inc 5.56%$ 5.564 millions
Maximus Inc 5.56%$ 5.559 millions
Information Services Group Inc 5.53%$ 5.528 millions
Gogo Inc 5.50%$ 5.504 millions
Grand Canyon Education inc 5.42%$ 5.419 millions
Warner Bros Discovery Inc 5.40%$ 5.403 millions
Liberty Global Plc5.35%$ 5.347 millions
Brinker International inc 5.29%$ 5.286 millions
Strategic Education Inc 5.16%$ 5.160 millions
Rimini Street Inc 5.16%$ 5.159 millions
Pfsweb Inc 5.09%$ 5.087 millions
Piedmont Office Realty Trust Inc 4.96%$ 4.962 millions
Trinity Place Holdings inc 4.94%$ 4.938 millions
Ebay Inc 4.87%$ 4.872 millions
Marcus Corp4.26%$ 4.257 millions
Cincinnati Bell Inc 4.14%$ 4.141 millions
Cleartronic Inc 4.14%$ 4.139 millions
Dhi Group Inc 4.00%$ 3.997 millions
Fat Brands Inc 3.87%$ 3.871 millions
Atn International inc 3.87%$ 3.869 millions
Wex Inc 3.86%$ 3.855 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2023 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com