ALKAMI TECHNOLOGY, INC. ALKT

Technology SIC 7372 - Services-Prepackaged Software NAICS Information › Publishing Industries › Software Publishers derived Nasdaq

Alkami is a cloud-based digital sales and service platform provider. We inspire and empower community, regional and super-regional financial institutions ("FIs") to compete with large, technologically advanced and well-resourced banks in the United States. Our solution, the Alkami Digital Sales & Service Platform, consisting of the Alkami Digital Banking Platform ("Platform"), Onboarding & Account Opening, and Data & Marketing, allows FIs to onboard, engage and grow new users, accelerate revenues and meaningfully improve operational efficiency, all with the support of a proprietary, true cloud-based, multi-tenant architecture. We cultivate deep relationships with our clients through long-term, subscription-based contractual arrangements, aligning our growth with our clients' success and generating an attractive unit economic model.

Last close 16.03 2026-10-23
Market cap $1.71B 2026-06-30 share count
52-week range 13.21 - 24.46

Valuation FY2025 figures against the last close

P/S3.9x
P/E—
P/FCF41.4x
EV/EBITDA—
Dividend yield—
Diluted EPS-0.46

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue $443.6M$333.8M$264.8M$204.3M$152.2M$112.1M$73.5M—
Cost of revenue $187.0M$137.2M$120.7M$95.9M$68.4M$53.0M$43.1M—
Gross profit $256.6M$196.6M$144.1M$108.3M$83.8M$59.2M$30.4M—
R&D $118.4M$96.2M$84.7M$69.3M$48.8M$40.2M$32.7M—
SG&A $100.9M$83.7M$72.9M$71.2M$50.4M$36.4M$24.9M—
Total operating expenses $310.2M$241.3M$207.8M$166.0M$126.7M$94.3M$73.0M—
Operating income -$53.6M-$44.6M-$63.7M-$57.7M-$42.9M-$35.1M-$42.5M—
Interest expense $9.5M$461.0K$7.4M$3.9M$1.2M$489.0K$110.0K—
Pre-tax income -$59.0M-$40.5M-$62.9M-$59.1M-$46.6M-$51.4M-$41.9M—
Income tax $11.3M$308.0K$44.0K$461.0K$172.0K$0$0—
Net income -$47.7M-$40.8M-$62.9M-$58.6M-$46.8M-$51.4M-$41.9M—
EPS, basic -0.46-0.41-0.67-0.64-0.73-11.78-9.91—
EPS, diluted -0.46-0.41-0.67-0.64-0.73-11.78-9.91—
Shares, diluted (wtd. avg.) 103.9M98.9M94.1M91.0M64.5M4.8M4.3M—

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash and equivalents $63.5M$94.4M$40.9M$112.3M$313.0M$171.7M$12.0M$24.6M
Short-term investments ——$51.2M$87.6M$0———
Receivables $51.5M$38.7M$35.5M$26.2M$20.8M$14.1M——
Total current assets $187.2M$181.4M$148.6M$242.2M$345.2M$193.2M——
Property, plant and equipment $26.7M$22.1M$16.9M$13.6M$11.8M$10.5M——
Goodwill $403.4M$148.1M$148.1M$148.0M$48.1M$16.2M——
Other intangibles $158.9M$29.0M$35.8M$42.6M$11.2M$8.3M——
Total assets $847.2M$437.3M$399.8M$488.9M$436.5M$249.2M——
Accounts payable $5.8M$6.1M$7.5M$4.3M$3.6M$360.0K——
Short-term debt ——$0$3.2M$1.6M$313.0K——
Total current liabilities $89.5M$45.6M$39.4M$41.6M$33.2M$20.5M——
Long-term debt ——$0$81.4M$23.1M$24.6M——
Total liabilities $485.2M$80.2M$74.9M$154.8M$91.9M$69.4M——
Retained earnings -$523.9M-$476.2M-$435.4M-$372.5M-$313.9M-$263.5M——
Total equity $362.0M$357.0M$324.9M$334.0M$344.6M-$263.5M-$195.4M-$153.9M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating cash flow $42.9M$18.6M-$17.5M-$38.0M-$29.0M-$38.1M-$39.1M—
Depreciation and amortisation $26.9M$10.5M$10.6M$8.1M$3.4M$2.8M$2.2M—
Stock-based compensation $76.2M$59.4M$51.2M$44.6M$14.5M$2.0M$1.2M—
Capital expenditure $1.5M$1.2M$1.1M$1.1M$1.1M$2.1M$3.7M—
Investing cash flow -$397.6M$23.0M$33.9M-$223.8M-$22.0M-$27.2M-$3.7M—
Financing cash flow $323.8M$11.8M-$87.8M$61.2M$192.3M$225.0M$30.2M—
Dividends paid ——$0$0$5.0M$0$0—
Buybacks ——$0$0$3.5M$3.2M$0—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001529274-26-000009.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -200M 0 200M 400M 600M Revenue, FY2019: 73.5M Gross profit, FY2019: 30.4M Net income, FY2019: -41.9M Revenue, FY2020: 112.1M Gross profit, FY2020: 59.2M Net income, FY2020: -51.4M Revenue, FY2021: 152.2M Gross profit, FY2021: 83.8M Net income, FY2021: -46.8M Revenue, FY2022: 204.3M Gross profit, FY2022: 108.3M Net income, FY2022: -58.6M Revenue, FY2023: 264.8M Gross profit, FY2023: 144.1M Net income, FY2023: -62.9M Revenue, FY2024: 333.8M Gross profit, FY2024: 196.6M Net income, FY2024: -40.8M Revenue, FY2025: 443.6M Gross profit, FY2025: 256.6M Net income, FY2025: -47.7M FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue — $73.5M $112.1M $152.2M $204.3M $264.8M $333.8M $443.6M
Gross profit — $30.4M $59.2M $83.8M $108.3M $144.1M $196.6M $256.6M
Net income — -$41.9M -$51.4M -$46.8M -$58.6M -$62.9M -$40.8M -$47.7M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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