vs

Side-by-side financial comparison of ALKAMI TECHNOLOGY, INC. (ALKT) and Prairie Operating Co. (PROP). Click either name above to swap in a different company.

ALKAMI TECHNOLOGY, INC. is the larger business by last-quarter revenue ($120.8M vs $77.7M, roughly 1.6× Prairie Operating Co.). Over the past eight quarters, Prairie Operating Co.'s revenue compounded faster (9784.4% CAGR vs 26.0%).

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.

Prairie Farms Dairy is a dairy cooperative founded in Carlinville, Illinois, and now headquartered in Edwardsville, Illinois. As a dairy cooperative, Prairie Farms receives milk from producers and converts it into many different products, including cheese, butter, ice cream, sour cream, cottage cheese, various dips, yogurt, and fluid milk. Prairie Farms also produces and sells juices, flavored drinks, and pre-made iced tea.

ALKT vs PROP — Head-to-Head

Bigger by revenue
ALKT
ALKT
1.6× larger
ALKT
$120.8M
$77.7M
PROP
Faster 2-yr revenue CAGR
PROP
PROP
Annualised
PROP
9784.4%
26.0%
ALKT

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ALKT
ALKT
PROP
PROP
Revenue
$120.8M
$77.7M
Net Profit
$1.3M
Gross Margin
57.2%
Operating Margin
-7.9%
34.8%
Net Margin
1.7%
Revenue YoY
34.7%
Net Profit YoY
111.3%
EPS (diluted)
$-0.11
$-0.44

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
PROP
PROP
Q4 25
$120.8M
Q3 25
$113.0M
$77.7M
Q2 25
$112.1M
$68.1M
Q1 25
$97.8M
$13.6M
Q4 24
$89.7M
Q3 24
$85.9M
$0
Q2 24
$82.2M
Q1 24
$76.1M
Net Profit
ALKT
ALKT
PROP
PROP
Q4 25
Q3 25
$-14.8M
$1.3M
Q2 25
$-13.6M
$35.7M
Q1 25
$-2.6M
Q4 24
Q3 24
$-9.4M
$-11.4M
Q2 24
$-12.3M
Q1 24
Gross Margin
ALKT
ALKT
PROP
PROP
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%
Q1 24
57.8%
Operating Margin
ALKT
ALKT
PROP
PROP
Q4 25
-7.9%
Q3 25
-11.4%
34.8%
Q2 25
-14.2%
27.8%
Q1 25
-15.7%
12.9%
Q4 24
-9.6%
Q3 24
-12.1%
Q2 24
-16.1%
Q1 24
-16.2%
Net Margin
ALKT
ALKT
PROP
PROP
Q4 25
Q3 25
-13.1%
1.7%
Q2 25
-12.1%
52.4%
Q1 25
-19.3%
Q4 24
Q3 24
-11.0%
Q2 24
-15.0%
Q1 24
EPS (diluted)
ALKT
ALKT
PROP
PROP
Q4 25
$-0.11
Q3 25
$-0.14
$-0.44
Q2 25
$-0.13
$0.18
Q1 25
$-0.08
$-3.49
Q4 24
$-0.07
Q3 24
$-0.09
$-0.68
Q2 24
$-0.13
Q1 24
$-0.12

Balance Sheet & Financial Strength

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

Metric
ALKT
ALKT
PROP
PROP
Cash + ST InvestmentsLiquidity on hand
$63.5M
$10.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$362.0M
$101.8M
Total Assets
$847.2M
$939.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALKT
ALKT
PROP
PROP
Q4 25
$63.5M
Q3 25
$57.3M
$10.6M
Q2 25
$52.4M
$10.7M
Q1 25
$61.7M
$15.0M
Q4 24
$94.4M
Q3 24
$81.0M
$40.1M
Q2 24
$61.4M
Q1 24
$44.2M
Total Debt
ALKT
ALKT
PROP
PROP
Q4 25
Q3 25
Q2 25
$387.0M
Q1 25
$377.0M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ALKT
ALKT
PROP
PROP
Q4 25
$362.0M
Q3 25
$350.1M
$101.8M
Q2 25
$344.0M
$94.2M
Q1 25
$334.0M
$34.0M
Q4 24
$357.0M
Q3 24
$338.5M
$61.3M
Q2 24
$327.2M
Q1 24
$322.9M
Total Assets
ALKT
ALKT
PROP
PROP
Q4 25
$847.2M
Q3 25
$835.2M
$939.8M
Q2 25
$840.4M
$858.5M
Q1 25
$837.2M
$775.4M
Q4 24
$437.3M
Q3 24
$422.2M
$107.2M
Q2 24
$403.9M
Q1 24
$397.6M
Debt / Equity
ALKT
ALKT
PROP
PROP
Q4 25
Q3 25
Q2 25
4.11×
Q1 25
11.07×
Q4 24
Q3 24
Q2 24
Q1 24

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
PROP
PROP
Operating Cash FlowLast quarter
$16.6M
$57.7M
Free Cash FlowOCF − Capex
$16.2M
FCF MarginFCF / Revenue
13.4%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
44.80×
TTM Free Cash FlowTrailing 4 quarters
$41.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALKT
ALKT
PROP
PROP
Q4 25
$16.6M
Q3 25
$30.8M
$57.7M
Q2 25
$1.2M
$-7.2M
Q1 25
$-5.7M
$16.9M
Q4 24
$6.1M
Q3 24
$11.0M
$2.8M
Q2 24
$548.0K
Q1 24
$951.0K
Free Cash Flow
ALKT
ALKT
PROP
PROP
Q4 25
$16.2M
Q3 25
$30.5M
Q2 25
$760.0K
Q1 25
$-6.1M
Q4 24
$6.0M
Q3 24
$10.7M
Q2 24
$123.0K
Q1 24
$645.0K
FCF Margin
ALKT
ALKT
PROP
PROP
Q4 25
13.4%
Q3 25
27.0%
Q2 25
0.7%
Q1 25
-6.3%
Q4 24
6.6%
Q3 24
12.4%
Q2 24
0.1%
Q1 24
0.8%
Capex Intensity
ALKT
ALKT
PROP
PROP
Q4 25
0.3%
Q3 25
0.2%
Q2 25
0.4%
Q1 25
0.5%
Q4 24
0.2%
Q3 24
0.4%
Q2 24
0.5%
Q1 24
0.4%
Cash Conversion
ALKT
ALKT
PROP
PROP
Q4 25
Q3 25
44.80×
Q2 25
-0.20×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALKT
ALKT

Saa S Subscription Services$115.1M95%
Implementation Services$3.6M3%
Service Other$2.1M2%

PROP
PROP

Crude Oil Sales$64.9M84%
Natural Gas Sales$7.6M10%
Natural Gas Liquids Reserves$5.2M7%

Related Comparisons