Akamai Technologies, Inc. — Earnings Quality Grade F
AKAM · Technology
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 50 days, change +4 days YoY
AR growth 13.6% exceeds revenue growth 5.4%
Revenue 5.4%, CFFO -0.0%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth 19.6% vs revenue 5.4%. Normal
SG&A/Gross Profit = 46.5%. Normal
Gross margin 58.9%, change -0.4pp. Stable
Cash Flow Quality
CFFO/NI = 3.36. Profits backed by cash
FCF $0.7B, FCF/NI = 1.55
Accruals ratio = -9.3%. Low accruals
Cash $1.2B covers only 21% of debt $5.7B
Balance Sheet Health
Goodwill+Intangibles $3.8B = 77% of equity. Over 50%
Debt/EBITDA = 4.2x (>4x). Financial stress
Other assets grew 40.5% vs revenue 5.4%
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -1% YoY. Normal
Manipulation Score
M-Score = -2.78 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10