ALKAMI TECHNOLOGY, INC.ALKTEarnings & Financial Report
Alkami Technology, Inc. delivers cloud-native digital banking platforms and supporting solutions for US financial institutions. Its offerings include online and mobile banking interfaces, payment processing tools, data analytics modules, and customer engagement functionalities, primarily serving community banks and credit unions to enhance their customers' digital banking experiences.
ALKT Q1 FY2026 Key Financial Metrics
Revenue
$126.1M
Gross Profit
$73.9M
Operating Profit
$46.6M
Net Profit
$-10.0M
Gross Margin
58.6%
Operating Margin
36.9%
Net Margin
-7.9%
YoY Growth
28.9%
ALKAMI TECHNOLOGY, INC. Q1 FY2026 Financial Summary
ALKAMI TECHNOLOGY, INC. reported revenue of $126.1M (up 28.9% YoY) for Q1 FY2026, with a net profit of $-10.0M (down 27.5% YoY) (-7.9% margin). Cost of goods sold was $52.3M, operating expenses totaled $27.3M.
Key Financial Metrics
| Total Revenue | $126.1M |
|---|---|
| Net Profit | $-10.0M |
| Gross Margin | 58.6% |
| Operating Margin | 36.9% |
| Report Period | Q1 FY2026 |
ALKAMI TECHNOLOGY, INC. Annual Revenue by Year
ALKAMI TECHNOLOGY, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $443.6M).
ALKAMI TECHNOLOGY, INC. Quarterly Revenue & Net Profit History
ALKAMI TECHNOLOGY, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $126.1M | +28.9% | $-10.0M | -7.9% |
| Q4 FY2025 | $120.8M | +34.7% | N/A | N/A |
| Q3 FY2025 | $113.0M | +31.5% | $-14.8M | -13.1% |
| Q2 FY2025 | $112.1M | +36.4% | $-13.6M | -12.1% |
| Q1 FY2025 | $97.8M | +28.5% | N/A | N/A |
| Q4 FY2024 | $89.7M | +25.6% | N/A | N/A |
| Q3 FY2024 | $85.9M | +26.9% | $-9.4M | -11.0% |
| Q2 FY2024 | $82.2M | +24.9% | $-12.3M | -15.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $82.2M | $85.9M | $89.7M | $97.8M | $112.1M | $113.0M | $120.8M | $126.1M |
| YoY Growth | 24.9% | 26.9% | 25.6% | 28.5% | 36.4% | 31.5% | 34.7% | 28.9% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $403.9M | $422.2M | $437.3M | $837.2M | $840.4M | $835.2M | $847.2M | $829.3M |
| Liabilities | $76.7M | $83.7M | $80.2M | $503.1M | $496.4M | $485.1M | $485.2M | $458.7M |
| Equity | $327.2M | $338.5M | $357.0M | $334.0M | $344.0M | $350.1M | $362.0M | $370.7M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $548000 | $11.0M | $6.1M | $-5.7M | $1.2M | $30.8M | $16.6M | $-4.8M |