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Side-by-side financial comparison of ALKAMI TECHNOLOGY, INC. (ALKT) and Proto Labs Inc (PRLB). Click either name above to swap in a different company.

Proto Labs Inc is the larger business by last-quarter revenue ($139.3M vs $126.1M, roughly 1.1× ALKAMI TECHNOLOGY, INC.). Proto Labs Inc runs the higher net margin — 5.8% vs -7.9%, a 13.7% gap on every dollar of revenue. On growth, ALKAMI TECHNOLOGY, INC. posted the faster year-over-year revenue change (28.9% vs 10.4%). Over the past eight quarters, ALKAMI TECHNOLOGY, INC.'s revenue compounded faster (23.9% CAGR vs 5.3%).

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.

Protolabs is a company that provides rapid manufacturing of 3D printed, CNC-machined, sheet metal, and injection-molded custom parts for prototyping and production. Markets like medical devices, aerospace, electronics, appliances, automotive and consumer products use these parts. Protolabs' headquarters are located in Maple Plain, Minnesota, with Minnesota-based manufacturing facilities in Plymouth, Brooklyn Park, and Rosemount, along with additional facilities in Nashua, New Hampshire and Ca...

ALKT vs PRLB — Head-to-Head

Bigger by revenue
PRLB
PRLB
1.1× larger
PRLB
$139.3M
$126.1M
ALKT
Growing faster (revenue YoY)
ALKT
ALKT
+18.5% gap
ALKT
28.9%
10.4%
PRLB
Higher net margin
PRLB
PRLB
13.7% more per $
PRLB
5.8%
-7.9%
ALKT
Faster 2-yr revenue CAGR
ALKT
ALKT
Annualised
ALKT
23.9%
5.3%
PRLB

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ALKT
ALKT
PRLB
PRLB
Revenue
$126.1M
$139.3M
Net Profit
$-10.0M
$8.1M
Gross Margin
58.6%
45.6%
Operating Margin
36.9%
7.1%
Net Margin
-7.9%
5.8%
Revenue YoY
28.9%
10.4%
Net Profit YoY
-27.5%
125.4%
EPS (diluted)
$0.29

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
PRLB
PRLB
Q1 26
$126.1M
$139.3M
Q4 25
$120.8M
$136.5M
Q3 25
$113.0M
$135.4M
Q2 25
$112.1M
$135.1M
Q1 25
$97.8M
$126.2M
Q4 24
$89.7M
$121.8M
Q3 24
$85.9M
$125.6M
Q2 24
$82.2M
$125.6M
Net Profit
ALKT
ALKT
PRLB
PRLB
Q1 26
$-10.0M
$8.1M
Q4 25
Q3 25
$-14.8M
$7.2M
Q2 25
$-13.6M
$4.4M
Q1 25
$3.6M
Q4 24
Q3 24
$-9.4M
$7.2M
Q2 24
$-12.3M
$4.5M
Gross Margin
ALKT
ALKT
PRLB
PRLB
Q1 26
58.6%
45.6%
Q4 25
57.2%
44.2%
Q3 25
56.8%
45.3%
Q2 25
58.6%
44.3%
Q1 25
59.0%
44.1%
Q4 24
59.3%
42.7%
Q3 24
58.9%
45.6%
Q2 24
59.4%
45.0%
Operating Margin
ALKT
ALKT
PRLB
PRLB
Q1 26
36.9%
7.1%
Q4 25
-7.9%
5.0%
Q3 25
-11.4%
6.5%
Q2 25
-14.2%
3.7%
Q1 25
-15.7%
3.6%
Q4 24
-9.6%
-1.2%
Q3 24
-12.1%
6.8%
Q2 24
-16.1%
4.8%
Net Margin
ALKT
ALKT
PRLB
PRLB
Q1 26
-7.9%
5.8%
Q4 25
Q3 25
-13.1%
5.3%
Q2 25
-12.1%
3.3%
Q1 25
2.9%
Q4 24
Q3 24
-11.0%
5.7%
Q2 24
-15.0%
3.6%
EPS (diluted)
ALKT
ALKT
PRLB
PRLB
Q1 26
$0.29
Q4 25
$-0.11
$0.25
Q3 25
$-0.14
$0.30
Q2 25
$-0.13
$0.18
Q1 25
$-0.08
$0.15
Q4 24
$-0.07
$-0.01
Q3 24
$-0.09
$0.29
Q2 24
$-0.13
$0.18

Balance Sheet & Financial Strength

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

Metric
ALKT
ALKT
PRLB
PRLB
Cash + ST InvestmentsLiquidity on hand
$40.4M
$124.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$370.7M
$683.1M
Total Assets
$829.3M
$778.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALKT
ALKT
PRLB
PRLB
Q1 26
$40.4M
$124.0M
Q4 25
$63.5M
$128.1M
Q3 25
$57.3M
$119.2M
Q2 25
$52.4M
$103.2M
Q1 25
$61.7M
$96.8M
Q4 24
$94.4M
$103.1M
Q3 24
$81.0M
$100.5M
Q2 24
$61.4M
$112.9M
Stockholders' Equity
ALKT
ALKT
PRLB
PRLB
Q1 26
$370.7M
$683.1M
Q4 25
$362.0M
$673.9M
Q3 25
$350.1M
$664.7M
Q2 25
$344.0M
$664.7M
Q1 25
$334.0M
$656.8M
Q4 24
$357.0M
$670.2M
Q3 24
$338.5M
$680.0M
Q2 24
$327.2M
$685.2M
Total Assets
ALKT
ALKT
PRLB
PRLB
Q1 26
$829.3M
$778.6M
Q4 25
$847.2M
$763.4M
Q3 25
$835.2M
$756.9M
Q2 25
$840.4M
$743.3M
Q1 25
$837.2M
$737.5M
Q4 24
$437.3M
$743.5M
Q3 24
$422.2M
$753.8M
Q2 24
$403.9M
$758.2M

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
PRLB
PRLB
Operating Cash FlowLast quarter
$-4.8M
$17.5M
Free Cash FlowOCF − Capex
$-7.4M
FCF MarginFCF / Revenue
-5.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.16×
TTM Free Cash FlowTrailing 4 quarters
$40.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALKT
ALKT
PRLB
PRLB
Q1 26
$-4.8M
$17.5M
Q4 25
$16.6M
$16.5M
Q3 25
$30.8M
$29.1M
Q2 25
$1.2M
$10.6M
Q1 25
$-5.7M
$18.4M
Q4 24
$6.1M
$17.3M
Q3 24
$11.0M
$24.8M
Q2 24
$548.0K
$14.4M
Free Cash Flow
ALKT
ALKT
PRLB
PRLB
Q1 26
$-7.4M
Q4 25
$16.2M
$8.4M
Q3 25
$30.5M
$25.0M
Q2 25
$760.0K
$9.1M
Q1 25
$-6.1M
$17.1M
Q4 24
$6.0M
$16.5M
Q3 24
$10.7M
$23.2M
Q2 24
$123.0K
$10.2M
FCF Margin
ALKT
ALKT
PRLB
PRLB
Q1 26
-5.8%
Q4 25
13.4%
6.2%
Q3 25
27.0%
18.5%
Q2 25
0.7%
6.7%
Q1 25
-6.3%
13.6%
Q4 24
6.6%
13.5%
Q3 24
12.4%
18.5%
Q2 24
0.1%
8.2%
Capex Intensity
ALKT
ALKT
PRLB
PRLB
Q1 26
Q4 25
0.3%
5.9%
Q3 25
0.2%
3.0%
Q2 25
0.4%
1.1%
Q1 25
0.5%
1.0%
Q4 24
0.2%
0.7%
Q3 24
0.4%
1.2%
Q2 24
0.5%
3.3%
Cash Conversion
ALKT
ALKT
PRLB
PRLB
Q1 26
2.16×
Q4 25
Q3 25
4.03×
Q2 25
2.39×
Q1 25
5.11×
Q4 24
Q3 24
3.44×
Q2 24
3.18×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALKT
ALKT

Segment breakdown not available.

PRLB
PRLB

CNC Machining$63.2M45%
Injection Molding$51.1M37%
3D Printing$20.5M15%
Sheet Metal$4.4M3%
Other Revenue$207.0K0%

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