vs
ALKAMI TECHNOLOGY, INC.（ALKT）与Snowflake Inc.（SNOW）财务数据对比。点击上方公司名可切换其他公司
Snowflake Inc.的季度营收约是ALKAMI TECHNOLOGY, INC.的10.0倍（$1.2B vs $120.8M）。ALKAMI TECHNOLOGY, INC.同比增速更快（34.7% vs 28.7%）。Snowflake Inc.自由现金流更多（$113.6M vs $16.2M）。过去两年ALKAMI TECHNOLOGY, INC.的营收复合增速更高（26.0% vs 25.1%）
Alkami科技是一家面向美国市场的云原生数字银行解决方案提供商，主要为社区银行、信用合作社等金融机构提供在线及移动银行系统、支付处理工具、数据分析模块与客户互动功能，助力合作机构优化终端用户的数字银行使用体验。
Snowflake Inc.是美国云数据平台服务商，创立于加利福尼亚州圣马特奥，总部位于蒙大拿州博兹曼。旗下平台支持数据分析功能，可实现数据集的低延迟并发访问，服务运行在亚马逊云科技、微软Azure、谷歌云三大公有云平台上。
ALKT vs SNOW — 直观对比
营收规模更大
SNOW
是对方的10.0倍
$120.8M
营收增速更快
ALKT
高出6.0%
28.7%
自由现金流更多
SNOW
多$97.4M
$16.2M
两年增速更快
ALKT
近两年复合增速
25.1%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $120.8M | $1.2B |
| 净利润 | — | $-294.0M |
| 毛利率 | 57.2% | 67.8% |
| 营业利润率 | -7.9% | -27.2% |
| 净利率 | — | -24.2% |
| 营收同比 | 34.7% | 28.7% |
| 净利润同比 | — | 9.4% |
| 每股收益（稀释后） | $-0.11 | $-0.87 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ALKTSNOW
| Q4 25 | $120.8M | $1.2B | ||
| Q3 25 | $113.0M | $1.1B | ||
| Q2 25 | $112.1M | $1.0B | ||
| Q1 25 | $97.8M | $986.8M | ||
| Q4 24 | $89.7M | $942.1M | ||
| Q3 24 | $85.9M | $868.8M | ||
| Q2 24 | $82.2M | $828.7M | ||
| Q1 24 | $76.1M | $774.7M |
净利润ALKTSNOW
| Q4 25 | — | $-294.0M | ||
| Q3 25 | $-14.8M | $-298.0M | ||
| Q2 25 | $-13.6M | $-430.1M | ||
| Q1 25 | — | $-327.5M | ||
| Q4 24 | — | $-324.3M | ||
| Q3 24 | $-9.4M | $-316.9M | ||
| Q2 24 | $-12.3M | $-317.0M | ||
| Q1 24 | — | $-169.4M |
毛利率ALKTSNOW
| Q4 25 | 57.2% | 67.8% | ||
| Q3 25 | 56.8% | 67.5% | ||
| Q2 25 | 58.6% | 66.5% | ||
| Q1 25 | 59.0% | 66.2% | ||
| Q4 24 | 59.3% | 65.9% | ||
| Q3 24 | 58.9% | 66.8% | ||
| Q2 24 | 59.4% | 67.1% | ||
| Q1 24 | 57.8% | 68.8% |
营业利润率ALKTSNOW
| Q4 25 | -7.9% | -27.2% | ||
| Q3 25 | -11.4% | -29.7% | ||
| Q2 25 | -14.2% | -42.9% | ||
| Q1 25 | -15.7% | -39.2% | ||
| Q4 24 | -9.6% | -38.8% | ||
| Q3 24 | -12.1% | -40.9% | ||
| Q2 24 | -16.1% | -42.1% | ||
| Q1 24 | -16.2% | -35.6% |
净利率ALKTSNOW
| Q4 25 | — | -24.2% | ||
| Q3 25 | -13.1% | -26.0% | ||
| Q2 25 | -12.1% | -41.3% | ||
| Q1 25 | — | -33.2% | ||
| Q4 24 | — | -34.4% | ||
| Q3 24 | -11.0% | -36.5% | ||
| Q2 24 | -15.0% | -38.3% | ||
| Q1 24 | — | -21.9% |
每股收益（稀释后）ALKTSNOW
| Q4 25 | $-0.11 | $-0.87 | ||
| Q3 25 | $-0.14 | $-0.89 | ||
| Q2 25 | $-0.13 | $-1.29 | ||
| Q1 25 | $-0.08 | $-0.98 | ||
| Q4 24 | $-0.07 | $-0.98 | ||
| Q3 24 | $-0.09 | $-0.95 | ||
| Q2 24 | $-0.13 | $-0.95 | ||
| Q1 24 | $-0.12 | $-0.51 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $63.5M | $1.9B |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $362.0M | $2.1B |
| 总资产 | $847.2M | $8.2B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ALKTSNOW
| Q4 25 | $63.5M | $1.9B | ||
| Q3 25 | $57.3M | $1.9B | ||
| Q2 25 | $52.4M | $2.2B | ||
| Q1 25 | $61.7M | $2.6B | ||
| Q4 24 | $94.4M | $2.1B | ||
| Q3 24 | $81.0M | $1.3B | ||
| Q2 24 | $61.4M | $1.3B | ||
| Q1 24 | $44.2M | $1.8B |
股东权益ALKTSNOW
| Q4 25 | $362.0M | $2.1B | ||
| Q3 25 | $350.1M | $2.4B | ||
| Q2 25 | $344.0M | $2.4B | ||
| Q1 25 | $334.0M | $3.0B | ||
| Q4 24 | $357.0M | $2.9B | ||
| Q3 24 | $338.5M | $4.1B | ||
| Q2 24 | $327.2M | $4.6B | ||
| Q1 24 | $322.9M | $5.2B |
总资产ALKTSNOW
| Q4 25 | $847.2M | $8.2B | ||
| Q3 25 | $835.2M | $8.2B | ||
| Q2 25 | $840.4M | $8.2B | ||
| Q1 25 | $837.2M | $9.0B | ||
| Q4 24 | $437.3M | $8.2B | ||
| Q3 24 | $422.2M | $6.9B | ||
| Q2 24 | $403.9M | $7.3B | ||
| Q1 24 | $397.6M | $8.2B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $16.6M | $137.5M |
| 自由现金流经营现金流 - 资本支出 | $16.2M | $113.6M |
| 自由现金流率自由现金流/营收 | 13.4% | 9.4% |
| 资本支出强度资本支出/营收 | 0.3% | 2.0% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $41.4M | $776.7M |
8季度趋势，按日历期对齐
经营现金流ALKTSNOW
| Q4 25 | $16.6M | $137.5M | ||
| Q3 25 | $30.8M | $74.9M | ||
| Q2 25 | $1.2M | $228.4M | ||
| Q1 25 | $-5.7M | $432.7M | ||
| Q4 24 | $6.1M | $101.7M | ||
| Q3 24 | $11.0M | $69.9M | ||
| Q2 24 | $548.0K | $355.5M | ||
| Q1 24 | $951.0K | $344.6M |
自由现金流ALKTSNOW
| Q4 25 | $16.2M | $113.6M | ||
| Q3 25 | $30.5M | $58.2M | ||
| Q2 25 | $760.0K | $183.4M | ||
| Q1 25 | $-6.1M | $421.4M | ||
| Q4 24 | $6.0M | $88.3M | ||
| Q3 24 | $10.7M | $64.8M | ||
| Q2 24 | $123.0K | $338.9M | ||
| Q1 24 | $645.0K | $331.5M |
自由现金流率ALKTSNOW
| Q4 25 | 13.4% | 9.4% | ||
| Q3 25 | 27.0% | 5.1% | ||
| Q2 25 | 0.7% | 17.6% | ||
| Q1 25 | -6.3% | 42.7% | ||
| Q4 24 | 6.6% | 9.4% | ||
| Q3 24 | 12.4% | 7.5% | ||
| Q2 24 | 0.1% | 40.9% | ||
| Q1 24 | 0.8% | 42.8% |
资本支出强度ALKTSNOW
| Q4 25 | 0.3% | 2.0% | ||
| Q3 25 | 0.2% | 1.5% | ||
| Q2 25 | 0.4% | 4.3% | ||
| Q1 25 | 0.5% | 1.1% | ||
| Q4 24 | 0.2% | 1.4% | ||
| Q3 24 | 0.4% | 0.6% | ||
| Q2 24 | 0.5% | 2.0% | ||
| Q1 24 | 0.4% | 1.7% |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ALKT
| Saa S Subscription Services | $115.1M | 95% |
| Implementation Services | $3.6M | 3% |
| Service Other | $2.1M | 2% |
SNOW
| Products | $1.2B | 96% |
| Professional Services And Other | $54.5M | 4% |
| Related Party | $6.7M | 1% |
