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Side-by-side financial comparison of ALKAMI TECHNOLOGY, INC. (ALKT) and PUMA BIOTECHNOLOGY, INC. (PBYI). Click either name above to swap in a different company.

ALKAMI TECHNOLOGY, INC. is the larger business by last-quarter revenue ($126.1M vs $75.5M, roughly 1.7× PUMA BIOTECHNOLOGY, INC.). On growth, ALKAMI TECHNOLOGY, INC. posted the faster year-over-year revenue change (28.9% vs 27.7%). PUMA BIOTECHNOLOGY, INC. produced more free cash flow last quarter ($14.4M vs $-7.4M). Over the past eight quarters, PUMA BIOTECHNOLOGY, INC.'s revenue compounded faster (31.3% CAGR vs 23.9%).

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.

Puma Biotechnology is a publicly traded biopharmaceutical company headquartered in Los Angeles, CA.

ALKT vs PBYI — Head-to-Head

Bigger by revenue
ALKT
ALKT
1.7× larger
ALKT
$126.1M
$75.5M
PBYI
Growing faster (revenue YoY)
ALKT
ALKT
+1.2% gap
ALKT
28.9%
27.7%
PBYI
More free cash flow
PBYI
PBYI
$21.8M more FCF
PBYI
$14.4M
$-7.4M
ALKT
Faster 2-yr revenue CAGR
PBYI
PBYI
Annualised
PBYI
31.3%
23.9%
ALKT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ALKT
ALKT
PBYI
PBYI
Revenue
$126.1M
$75.5M
Net Profit
$-10.0M
Gross Margin
58.6%
69.3%
Operating Margin
36.9%
22.7%
Net Margin
-7.9%
Revenue YoY
28.9%
27.7%
Net Profit YoY
-27.5%
EPS (diluted)
$0.26

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
PBYI
PBYI
Q1 26
$126.1M
Q4 25
$120.8M
$75.5M
Q3 25
$113.0M
$54.5M
Q2 25
$112.1M
$52.4M
Q1 25
$97.8M
$46.0M
Q4 24
$89.7M
$59.1M
Q3 24
$85.9M
$80.5M
Q2 24
$82.2M
$47.1M
Net Profit
ALKT
ALKT
PBYI
PBYI
Q1 26
$-10.0M
Q4 25
Q3 25
$-14.8M
$8.8M
Q2 25
$-13.6M
$5.9M
Q1 25
$3.0M
Q4 24
Q3 24
$-9.4M
$20.3M
Q2 24
$-12.3M
$-4.5M
Gross Margin
ALKT
ALKT
PBYI
PBYI
Q1 26
58.6%
Q4 25
57.2%
69.3%
Q3 25
56.8%
77.7%
Q2 25
58.6%
76.5%
Q1 25
59.0%
77.1%
Q4 24
59.3%
76.4%
Q3 24
58.9%
63.9%
Q2 24
59.4%
77.4%
Operating Margin
ALKT
ALKT
PBYI
PBYI
Q1 26
36.9%
Q4 25
-7.9%
22.7%
Q3 25
-11.4%
17.6%
Q2 25
-14.2%
12.7%
Q1 25
-15.7%
8.7%
Q4 24
-9.6%
22.6%
Q3 24
-12.1%
27.4%
Q2 24
-16.1%
-4.6%
Net Margin
ALKT
ALKT
PBYI
PBYI
Q1 26
-7.9%
Q4 25
Q3 25
-13.1%
16.2%
Q2 25
-12.1%
11.2%
Q1 25
6.5%
Q4 24
Q3 24
-11.0%
25.2%
Q2 24
-15.0%
-9.6%
EPS (diluted)
ALKT
ALKT
PBYI
PBYI
Q1 26
Q4 25
$-0.11
$0.26
Q3 25
$-0.14
$0.17
Q2 25
$-0.13
$0.12
Q1 25
$-0.08
$0.06
Q4 24
$-0.07
$0.40
Q3 24
$-0.09
$0.41
Q2 24
$-0.13
$-0.09

Balance Sheet & Financial Strength

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

Metric
ALKT
ALKT
PBYI
PBYI
Cash + ST InvestmentsLiquidity on hand
$40.4M
$97.5M
Total DebtLower is stronger
$22.7M
Stockholders' EquityBook value
$370.7M
$130.3M
Total Assets
$829.3M
$216.3M
Debt / EquityLower = less leverage
0.17×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALKT
ALKT
PBYI
PBYI
Q1 26
$40.4M
Q4 25
$63.5M
$97.5M
Q3 25
$57.3M
$94.4M
Q2 25
$52.4M
$96.0M
Q1 25
$61.7M
$93.2M
Q4 24
$94.4M
$101.0M
Q3 24
$81.0M
$96.7M
Q2 24
$61.4M
$96.8M
Total Debt
ALKT
ALKT
PBYI
PBYI
Q1 26
Q4 25
$22.7M
Q3 25
$34.0M
Q2 25
$45.3M
Q1 25
$56.7M
Q4 24
$68.0M
Q3 24
$79.3M
Q2 24
$90.7M
Stockholders' Equity
ALKT
ALKT
PBYI
PBYI
Q1 26
$370.7M
Q4 25
$362.0M
$130.3M
Q3 25
$350.1M
$115.3M
Q2 25
$344.0M
$104.7M
Q1 25
$334.0M
$97.1M
Q4 24
$357.0M
$92.1M
Q3 24
$338.5M
$71.1M
Q2 24
$327.2M
$48.5M
Total Assets
ALKT
ALKT
PBYI
PBYI
Q1 26
$829.3M
Q4 25
$847.2M
$216.3M
Q3 25
$835.2M
$202.9M
Q2 25
$840.4M
$194.9M
Q1 25
$837.2M
$196.2M
Q4 24
$437.3M
$213.3M
Q3 24
$422.2M
$220.7M
Q2 24
$403.9M
$205.0M
Debt / Equity
ALKT
ALKT
PBYI
PBYI
Q1 26
Q4 25
0.17×
Q3 25
0.30×
Q2 25
0.43×
Q1 25
0.58×
Q4 24
0.74×
Q3 24
1.12×
Q2 24
1.87×

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
PBYI
PBYI
Operating Cash FlowLast quarter
$-4.8M
$14.4M
Free Cash FlowOCF − Capex
$-7.4M
$14.4M
FCF MarginFCF / Revenue
-5.8%
19.1%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$40.1M
$41.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALKT
ALKT
PBYI
PBYI
Q1 26
$-4.8M
Q4 25
$16.6M
$14.4M
Q3 25
$30.8M
$9.7M
Q2 25
$1.2M
$14.1M
Q1 25
$-5.7M
$3.6M
Q4 24
$6.1M
$15.6M
Q3 24
$11.0M
$11.0M
Q2 24
$548.0K
$1.0M
Free Cash Flow
ALKT
ALKT
PBYI
PBYI
Q1 26
$-7.4M
Q4 25
$16.2M
$14.4M
Q3 25
$30.5M
$9.7M
Q2 25
$760.0K
$14.1M
Q1 25
$-6.1M
$3.6M
Q4 24
$6.0M
$15.6M
Q3 24
$10.7M
$11.0M
Q2 24
$123.0K
$1.0M
FCF Margin
ALKT
ALKT
PBYI
PBYI
Q1 26
-5.8%
Q4 25
13.4%
19.1%
Q3 25
27.0%
17.7%
Q2 25
0.7%
26.8%
Q1 25
-6.3%
7.7%
Q4 24
6.6%
26.4%
Q3 24
12.4%
13.7%
Q2 24
0.1%
2.1%
Capex Intensity
ALKT
ALKT
PBYI
PBYI
Q1 26
Q4 25
0.3%
0.0%
Q3 25
0.2%
0.0%
Q2 25
0.4%
0.0%
Q1 25
0.5%
0.1%
Q4 24
0.2%
0.0%
Q3 24
0.4%
0.0%
Q2 24
0.5%
0.0%
Cash Conversion
ALKT
ALKT
PBYI
PBYI
Q1 26
Q4 25
Q3 25
1.10×
Q2 25
2.41×
Q1 25
1.21×
Q4 24
Q3 24
0.54×
Q2 24

Financial Flow Comparison

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

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