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.
Revenue
$97.8M
Gross Profit
$57.8M
Operating Profit
$-15.4M
Net Profit
N/A
Gross Margin
59.0%
Operating Margin
-15.7%
Net Margin
N/A
YoY Growth
28.5%
EPS
$-0.08
ALKAMI TECHNOLOGY, INC. Q1 FY2025 Financial Summary
ALKAMI TECHNOLOGY, INC. reported revenue of $97.8M (up 28.5% YoY) for Q1 FY2025, with a net profit of N/A (N/A margin). Cost of goods sold was $40.1M, operating expenses totaled $73.2M.
Key Financial Metrics
| Total Revenue | $97.8M |
|---|---|
| Net Profit | N/A |
| Gross Margin | 59.0% |
| Operating Margin | -15.7% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
ALKAMI TECHNOLOGY, INC. Q1 FY2025 revenue of $97.8M breaks down across 4 segments, led by Saa S Subscription Services at $92.8M (94.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Saa S Subscription Services | $92.8M | 94.9% |
| Service Other | $2.8M | 2.8% |
| Implementation Services | $2.3M | 2.3% |
| MANTL | $1.4M | 1.4% |
ALKAMI TECHNOLOGY, INC. Revenue by Segment — Quarterly Trend
ALKAMI TECHNOLOGY, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Saa S Subscription Services and Service Other) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Saa S Subscription Services | — | $115.1M | $107.9M | $105.9M |
| Service Other | — | $2.1M | $1.6M | — |
| Implementation Services | — | $3.6M | $3.5M | $3.2M |
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).
| Year | Annual Revenue |
|---|---|
| 2025 | $443.6M |
| 2024 | $333.8M |
| 2023 | $264.8M |
| 2022 | $204.3M |
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 |