vs

Side-by-side financial comparison of ALKAMI TECHNOLOGY, INC. (ALKT) and Clean Energy Fuels Corp. (CLNE). Click either name above to swap in a different company.

ALKAMI TECHNOLOGY, INC. is the larger business by last-quarter revenue ($126.1M vs $112.3M, roughly 1.1× Clean Energy Fuels Corp.). ALKAMI TECHNOLOGY, INC. runs the higher net margin — -7.9% vs -38.3%, a 30.4% gap on every dollar of revenue. On growth, ALKAMI TECHNOLOGY, INC. posted the faster year-over-year revenue change (28.9% vs 2.7%). Clean Energy Fuels Corp. produced more free cash flow last quarter ($6.5M vs $-7.4M). Over the past eight quarters, ALKAMI TECHNOLOGY, INC.'s revenue compounded faster (23.9% CAGR vs 4.1%).

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.

Bloom Energy is an American public company that designs and manufactures solid oxide fuel cells (SOFCs) which independently produce electricity onsite for power generation in data centers, manufacturing, and other commercial sectors. Founded in 2001 and headquartered in San Jose, California; its fuel cell technology generates electricity through a chemical conversion process, which differs from most other power sources reliant on combustion, and can use natural gas, biogas or hydrogen as fuel...

ALKT vs CLNE — Head-to-Head

Bigger by revenue
ALKT
ALKT
1.1× larger
ALKT
$126.1M
$112.3M
CLNE
Growing faster (revenue YoY)
ALKT
ALKT
+26.2% gap
ALKT
28.9%
2.7%
CLNE
Higher net margin
ALKT
ALKT
30.4% more per $
ALKT
-7.9%
-38.3%
CLNE
More free cash flow
CLNE
CLNE
$13.9M more FCF
CLNE
$6.5M
$-7.4M
ALKT
Faster 2-yr revenue CAGR
ALKT
ALKT
Annualised
ALKT
23.9%
4.1%
CLNE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ALKT
ALKT
CLNE
CLNE
Revenue
$126.1M
$112.3M
Net Profit
$-10.0M
$-43.0M
Gross Margin
58.6%
Operating Margin
36.9%
-9.5%
Net Margin
-7.9%
-38.3%
Revenue YoY
28.9%
2.7%
Net Profit YoY
-27.5%
-42.6%
EPS (diluted)
$-0.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALKT
ALKT
CLNE
CLNE
Q1 26
$126.1M
Q4 25
$120.8M
$112.3M
Q3 25
$113.0M
$106.1M
Q2 25
$112.1M
$102.6M
Q1 25
$97.8M
$103.8M
Q4 24
$89.7M
$109.3M
Q3 24
$85.9M
$104.9M
Q2 24
$82.2M
$98.0M
Net Profit
ALKT
ALKT
CLNE
CLNE
Q1 26
$-10.0M
Q4 25
$-43.0M
Q3 25
$-14.8M
$-23.8M
Q2 25
$-13.6M
$-20.2M
Q1 25
$-135.0M
Q4 24
$-30.2M
Q3 24
$-9.4M
$-18.2M
Q2 24
$-12.3M
$-16.3M
Gross Margin
ALKT
ALKT
CLNE
CLNE
Q1 26
58.6%
Q4 25
57.2%
Q3 25
56.8%
Q2 25
58.6%
Q1 25
59.0%
Q4 24
59.3%
Q3 24
58.9%
Q2 24
59.4%
Operating Margin
ALKT
ALKT
CLNE
CLNE
Q1 26
36.9%
Q4 25
-7.9%
-9.5%
Q3 25
-11.4%
-12.8%
Q2 25
-14.2%
-9.0%
Q1 25
-15.7%
-121.7%
Q4 24
-9.6%
-11.8%
Q3 24
-12.1%
-8.1%
Q2 24
-16.1%
-5.7%
Net Margin
ALKT
ALKT
CLNE
CLNE
Q1 26
-7.9%
Q4 25
-38.3%
Q3 25
-13.1%
-22.4%
Q2 25
-12.1%
-19.7%
Q1 25
-130.1%
Q4 24
-27.6%
Q3 24
-11.0%
-17.3%
Q2 24
-15.0%
-16.6%
EPS (diluted)
ALKT
ALKT
CLNE
CLNE
Q1 26
Q4 25
$-0.11
$-0.21
Q3 25
$-0.14
$-0.11
Q2 25
$-0.13
$-0.09
Q1 25
$-0.08
$-0.60
Q4 24
$-0.07
$-0.14
Q3 24
$-0.09
$-0.08
Q2 24
$-0.13
$-0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALKT
ALKT
CLNE
CLNE
Cash + ST InvestmentsLiquidity on hand
$40.4M
$156.1M
Total DebtLower is stronger
$226.8M
Stockholders' EquityBook value
$370.7M
$559.4M
Total Assets
$829.3M
$1.1B
Debt / EquityLower = less leverage
0.41×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALKT
ALKT
CLNE
CLNE
Q1 26
$40.4M
Q4 25
$63.5M
$156.1M
Q3 25
$57.3M
$232.2M
Q2 25
$52.4M
$240.8M
Q1 25
$61.7M
$226.6M
Q4 24
$94.4M
$217.5M
Q3 24
$81.0M
$243.5M
Q2 24
$61.4M
$249.3M
Total Debt
ALKT
ALKT
CLNE
CLNE
Q1 26
Q4 25
$226.8M
Q3 25
$284.3M
Q2 25
$277.9M
Q1 25
$271.6M
Q4 24
$265.4M
Q3 24
$264.1M
Q2 24
$263.0M
Stockholders' Equity
ALKT
ALKT
CLNE
CLNE
Q1 26
$370.7M
Q4 25
$362.0M
$559.4M
Q3 25
$350.1M
$585.2M
Q2 25
$344.0M
$590.8M
Q1 25
$334.0M
$596.7M
Q4 24
$357.0M
$713.3M
Q3 24
$338.5M
$724.8M
Q2 24
$327.2M
$723.0M
Total Assets
ALKT
ALKT
CLNE
CLNE
Q1 26
$829.3M
Q4 25
$847.2M
$1.1B
Q3 25
$835.2M
$1.1B
Q2 25
$840.4M
$1.1B
Q1 25
$837.2M
$1.1B
Q4 24
$437.3M
$1.2B
Q3 24
$422.2M
$1.2B
Q2 24
$403.9M
$1.2B
Debt / Equity
ALKT
ALKT
CLNE
CLNE
Q1 26
Q4 25
0.41×
Q3 25
0.49×
Q2 25
0.47×
Q1 25
0.46×
Q4 24
0.37×
Q3 24
0.36×
Q2 24
0.36×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALKT
ALKT
CLNE
CLNE
Operating Cash FlowLast quarter
$-4.8M
$13.1M
Free Cash FlowOCF − Capex
$-7.4M
$6.5M
FCF MarginFCF / Revenue
-5.8%
5.8%
Capex IntensityCapex / Revenue
5.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$40.1M
$59.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALKT
ALKT
CLNE
CLNE
Q1 26
$-4.8M
Q4 25
$16.6M
$13.1M
Q3 25
$30.8M
$13.1M
Q2 25
$1.2M
$35.9M
Q1 25
$-5.7M
$23.4M
Q4 24
$6.1M
$21.9M
Q3 24
$11.0M
$21.4M
Q2 24
$548.0K
$18.8M
Free Cash Flow
ALKT
ALKT
CLNE
CLNE
Q1 26
$-7.4M
Q4 25
$16.2M
$6.5M
Q3 25
$30.5M
$6.5M
Q2 25
$760.0K
$30.9M
Q1 25
$-6.1M
$15.9M
Q4 24
$6.0M
$10.3M
Q3 24
$10.7M
$42.0K
Q2 24
$123.0K
$4.8M
FCF Margin
ALKT
ALKT
CLNE
CLNE
Q1 26
-5.8%
Q4 25
13.4%
5.8%
Q3 25
27.0%
6.1%
Q2 25
0.7%
30.2%
Q1 25
-6.3%
15.4%
Q4 24
6.6%
9.5%
Q3 24
12.4%
0.0%
Q2 24
0.1%
4.9%
Capex Intensity
ALKT
ALKT
CLNE
CLNE
Q1 26
Q4 25
0.3%
5.9%
Q3 25
0.2%
6.2%
Q2 25
0.4%
4.8%
Q1 25
0.5%
7.2%
Q4 24
0.2%
10.5%
Q3 24
0.4%
20.3%
Q2 24
0.5%
14.2%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALKT
ALKT

Segment breakdown not available.

CLNE
CLNE

Volume Related Fuel Sales$73.6M66%
Services$15.1M13%
Station Construction Sales$10.7M9%
Volume Related Renewable Identification Number Credits$9.5M8%
Volume Related Low Carbon Fuel Standard Credits$3.4M3%

Related Comparisons