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Side-by-side financial comparison of ALKAMI TECHNOLOGY, INC. (ALKT) and USANA HEALTH SCIENCES INC (USNA). Click either name above to swap in a different company.

USANA HEALTH SCIENCES INC is the larger business by last-quarter revenue ($250.2M vs $126.1M, roughly 2.0× ALKAMI TECHNOLOGY, INC.). USANA HEALTH SCIENCES INC runs the higher net margin — 3.0% vs -7.9%, a 10.9% gap on every dollar of revenue. On growth, ALKAMI TECHNOLOGY, INC. posted the faster year-over-year revenue change (28.9% vs -3.0%). Over the past eight quarters, ALKAMI TECHNOLOGY, INC.'s revenue compounded faster (23.9% CAGR vs 11.8%).

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.

Usana Health Sciences, Inc., or USANA, is an American multi-level marketing company based in Salt Lake City, Utah. As of 2021, Usana was the 14th largest direct-selling company in the world by revenue. The company manufactures most of its nutritional products, dietary supplements, and skincare products at a Salt Lake City facility. Its products are sold in 24 countries via a network of independent distributors.

ALKT vs USNA — Head-to-Head

Bigger by revenue
USNA
USNA
2.0× larger
USNA
$250.2M
$126.1M
ALKT
Growing faster (revenue YoY)
ALKT
ALKT
+31.9% gap
ALKT
28.9%
-3.0%
USNA
Higher net margin
USNA
USNA
10.9% more per $
USNA
3.0%
-7.9%
ALKT
Faster 2-yr revenue CAGR
ALKT
ALKT
Annualised
ALKT
23.9%
11.8%
USNA

Income Statement — Q1 FY2026 vs Q1 FY2027

Metric
ALKT
ALKT
USNA
USNA
Revenue
$126.1M
$250.2M
Net Profit
$-10.0M
$7.5M
Gross Margin
58.6%
76.2%
Operating Margin
36.9%
5.5%
Net Margin
-7.9%
3.0%
Revenue YoY
28.9%
-3.0%
Net Profit YoY
-27.5%
-20.0%
EPS (diluted)
$0.41

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
USNA
USNA
Q1 26
$126.1M
$250.2M
Q4 25
$120.8M
$226.2M
Q3 25
$113.0M
$213.7M
Q2 25
$112.1M
$235.8M
Q1 25
$97.8M
$249.5M
Q4 24
$89.7M
$213.6M
Q3 24
$85.9M
$200.2M
Q2 24
$82.2M
Net Profit
ALKT
ALKT
USNA
USNA
Q1 26
$-10.0M
$7.5M
Q4 25
$180.0K
Q3 25
$-14.8M
$-6.5M
Q2 25
$-13.6M
$9.7M
Q1 25
$9.4M
Q4 24
$4.5M
Q3 24
$-9.4M
$10.6M
Q2 24
$-12.3M
Gross Margin
ALKT
ALKT
USNA
USNA
Q1 26
58.6%
76.2%
Q4 25
57.2%
78.2%
Q3 25
56.8%
77.2%
Q2 25
58.6%
78.7%
Q1 25
59.0%
79.0%
Q4 24
59.3%
82.0%
Q3 24
58.9%
80.4%
Q2 24
59.4%
Operating Margin
ALKT
ALKT
USNA
USNA
Q1 26
36.9%
5.5%
Q4 25
-7.9%
1.7%
Q3 25
-11.4%
0.6%
Q2 25
-14.2%
7.1%
Q1 25
-15.7%
6.3%
Q4 24
-9.6%
3.8%
Q3 24
-12.1%
7.8%
Q2 24
-16.1%
Net Margin
ALKT
ALKT
USNA
USNA
Q1 26
-7.9%
3.0%
Q4 25
0.1%
Q3 25
-13.1%
-3.1%
Q2 25
-12.1%
4.1%
Q1 25
3.8%
Q4 24
2.1%
Q3 24
-11.0%
5.3%
Q2 24
-15.0%
EPS (diluted)
ALKT
ALKT
USNA
USNA
Q1 26
$0.41
Q4 25
$-0.11
$-0.10
Q3 25
$-0.14
$-0.36
Q2 25
$-0.13
$0.52
Q1 25
$-0.08
$0.49
Q4 24
$-0.07
$0.23
Q3 24
$-0.09
$0.56
Q2 24
$-0.13

Balance Sheet & Financial Strength

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

Metric
ALKT
ALKT
USNA
USNA
Cash + ST InvestmentsLiquidity on hand
$40.4M
$162.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$370.7M
Total Assets
$829.3M
$739.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALKT
ALKT
USNA
USNA
Q1 26
$40.4M
$162.8M
Q4 25
$63.5M
$158.4M
Q3 25
$57.3M
$145.3M
Q2 25
$52.4M
$151.3M
Q1 25
$61.7M
$179.6M
Q4 24
$94.4M
$181.8M
Q3 24
$81.0M
$364.9M
Q2 24
$61.4M
Stockholders' Equity
ALKT
ALKT
USNA
USNA
Q1 26
$370.7M
Q4 25
$362.0M
Q3 25
$350.1M
$528.1M
Q2 25
$344.0M
$531.1M
Q1 25
$334.0M
$529.8M
Q4 24
$357.0M
$532.1M
Q3 24
$338.5M
$533.1M
Q2 24
$327.2M
Total Assets
ALKT
ALKT
USNA
USNA
Q1 26
$829.3M
$739.0M
Q4 25
$847.2M
$742.9M
Q3 25
$835.2M
$726.6M
Q2 25
$840.4M
$734.5M
Q1 25
$837.2M
$746.6M
Q4 24
$437.3M
$748.2M
Q3 24
$422.2M
$671.3M
Q2 24
$403.9M

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALKT
ALKT
USNA
USNA
Q1 26
$-4.8M
Q4 25
$16.6M
Q3 25
$30.8M
$-2.0M
Q2 25
$1.2M
$12.2M
Q1 25
$-5.7M
$15.5M
Q4 24
$6.1M
$5.8M
Q3 24
$11.0M
$29.5M
Q2 24
$548.0K
Free Cash Flow
ALKT
ALKT
USNA
USNA
Q1 26
$-7.4M
Q4 25
$16.2M
Q3 25
$30.5M
$-5.2M
Q2 25
$760.0K
$7.2M
Q1 25
$-6.1M
$12.7M
Q4 24
$6.0M
$4.0M
Q3 24
$10.7M
$27.1M
Q2 24
$123.0K
FCF Margin
ALKT
ALKT
USNA
USNA
Q1 26
-5.8%
Q4 25
13.4%
Q3 25
27.0%
-2.4%
Q2 25
0.7%
3.0%
Q1 25
-6.3%
5.1%
Q4 24
6.6%
1.9%
Q3 24
12.4%
13.6%
Q2 24
0.1%
Capex Intensity
ALKT
ALKT
USNA
USNA
Q1 26
Q4 25
0.3%
Q3 25
0.2%
1.5%
Q2 25
0.4%
2.1%
Q1 25
0.5%
1.1%
Q4 24
0.2%
0.8%
Q3 24
0.4%
1.2%
Q2 24
0.5%
Cash Conversion
ALKT
ALKT
USNA
USNA
Q1 26
Q4 25
Q3 25
Q2 25
1.27×
Q1 25
1.65×
Q4 24
1.29×
Q3 24
2.78×
Q2 24

Financial Flow Comparison

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

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