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ALKTAlkami Technology, Inc.
$18.51$2.0B
Overview & Verdict
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ALKT logoAlkami Technology, Inc.(ALKT)Earnings, Financials & Key Ratios

ALKT•NASDAQ
$18.51
Price updated Jul 7, 2026
SectorTechnologyIndustryApplication SoftwareSub-IndustryFinancial services and insurance software
AboutAlkami Technology, Inc. offers a cloud-based digital banking platform in the United States. The company's platform allows financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of a proprietary, cloud-based, multi-tenant architecture. It offers an end- to- end set of software products, which include Alkami Platform, Retail Banking Solutions, Business Banking Solutions, and The Alkami Difference. It serves community, regional, credit unions, and retail and business banking. Alkami Technology, Inc. was founded in 2009 and is headquartered in Plano, Texas.Show more
  • Revenue$444M+32.9%
  • EBITDA-$27M+21.7%
  • Net Income-$48M-16.7%
  • EPS (Diluted)-0.46-12.2%
  • Gross Margin57.84%-1.8%
  • EBITDA Margin-6.02%+41.1%
  • Operating Margin-12.09%+9.6%
  • Net Margin-10.74%+12.2%
  • ROE-13.25%-10.7%

ALKT Price & Volume

Alkami Technology, Inc. (ALKT) stock price & volume — 10-year historical chart

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Scaling Revenue Growth Amidst Rising Debt Leverage

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Expanding
Profitability:Negative
Financial:Strained
Cash Flow:Mixed
Primary Risk:Rising debt-to-equity leverage

Key Thesis Takeaways

  • Alkami Technology demonstrates robust top-line momentum with 28.9% year-over-year revenue growth in 2026Q1, yet the path to profitability remains obscured by persistent GAAP operating losses and significant stock-based compensation of $17.3M.
  • The company's aggressive shift toward inorganic growth, evidenced by goodwill ballooning to $403.4M, has necessitated a substantial increase in debt, raising the debt-to-equity ratio to 0.97.
  • Investors should monitor whether the observed operating margin improvement from -18.4% in 2023Q4 to -4.5% in 2026Q1 can eventually overcome the structural constraints of its 57.2% gross margin profile.

Verdict Logic

while the company maintains a 28.9% revenue growth rate, the reliance on debt to fund an acquisition strategy that has pushed goodwill to $403.4M warrants caution until consistent, self-funded free cash flow is established.

ALKT Growth Metrics

Alkami Technology, Inc. (ALKT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years31.66%
3 Years29.5%
TTM32.73%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-33.8%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-25.66%

Return on Capital

10 Years-31.12%
5 Years-13.41%
3 Years-12.33%
Last Year-9.33%

ALKT Recent Earnings

Alkami Technology, Inc. (ALKT) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
Apr 29, 2026
Metric
Actual
Est
EPS
$0.04-81.0%
$0.21
Rev
$126M+0.7%
$125M
Q1 2026
Feb 25, 2026
Metric
Actual
Est
EPS
$0.10-33.3%
$0.15
Rev
$121M+0.6%
$120M
Q4 2025
Oct 30, 2025
Metric
Actual
Est
EPS
$0.13-13.3%
$0.15
Rev
$113M-6.0%
$120M
Q3 2025
Jul 30, 2025
Metric
Actual
Est
EPS
$0.13+44.4%
$0.09
Rev
$112M-3.4%
$116M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$0.04vs $0.21-81.0%
$126Mvs $125M+0.7%
Q1 2026Feb 25, 2026
$0.10vs $0.15-33.3%
$121Mvs $120M+0.6%
Q4 2025Oct 30, 2025
$0.13vs $0.15-13.3%
$113Mvs $120M-6.0%
Q3 2025Jul 30, 2025
$0.13vs $0.09+44.4%
$112Mvs $116M-3.4%
Based on last 12 quarters of dataView full earnings history →

Latest ALKT News

Recent stock market news and headlines for Alkami Technology, Inc. (ALKT)

PRNewsWire·Jun 30, 2026
MANTL Surpasses $40 Billion in Deposits Raised on the Platform and Saves Financial Institutions More Than 1 Million Hours on Account Opening

The milestone highlights how modern account opening technology can accelerate deposit growth, improve operational efficiency, and deliver better account holder experiences PLANO, Texas, June 30, 2026 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced that MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, has helped customers raise over $40 billion in deposits on the Platform while saving more than 1 million hours across account opening workflows in digital and branch channels. Together, these milestones demonstrate how modern account opening technology can help financial institutions accelerate growth while improving operational efficiency.

PRNewsWire·Jun 24, 2026
Landmark Credit Union Showcases Digital Banking Innovation and Commercial Growth through Alkami Partnership

New success story highlights how banking leaders have reimagined traditional vendor relationships, resulting in regional peer collaboration and a more than 55x increase in business banking profiles PLANO, Texas, June 24, 2026 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today highlighted the success of its partnership with Landmark Credit Union (Landmark CU), demonstrating how the organization is driving digital banking innovation and commercial growth. Through a combination of collaborative engagement and strategic Platform adoption, Landmark CU is accelerating its digital transformation and delivering enhanced experiences for both retail and business members.

PRNewsWire·Jun 17, 2026
Dupaco Community Credit Union Achieves 300% Increase in New Retail Member Accounts Opened Online and Raises $138 Million in Deposits with MANTL

The Iowa-based credit union more than doubled its 2025 growth goal, streamlined account opening across every channel, and saved more than 4,194 staff hours PLANO, Texas, June 17, 2026 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today announced that Dupaco Community Credit Union (Dupaco), headquartered in Iowa, is accelerating deposit growth, improving operational efficiency, and delivering a modern member experience with MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology. By implementing a unified omnichannel account opening strategy across retail and business onboarding, Dupaco achieved a 300% increase in new retail member accounts opened online, raised more than $138 million in deposits, and saved over 4,194 staff hours previously spent on manual, in-branch account opening processes.

Peers Comparison

Key metrics vs top competitors for Alkami Technology, Inc. (ALKT)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ALKT logoALKTAlkami Technology, Inc.Current
$18.51$1.98B-40.2432.89%-10.74%-13.25%—
NCNO logoNCNOnCino, Inc.
$18.06$1.98B361.2010.01%2.17%1.27%—
IBCP logoIBCPIndependent Bank Corporation
$35.76$736.88M10.94-0.3%22.54%14.15%—
FIS logoFISFidelity National Information Services, Inc.
$42.60$22.02B56.805.43%22.91%18.45%—
FISV logoFISVFiserv, Inc.
$52.71$28.19B8.313.6%15.17%12.43%—
JKHY logoJKHYJack Henry & Associates, Inc.
$146.71$10.62B23.517.21%20.64%24.03%—

Compare ALKT vs Peers

Alkami Technology, Inc. (ALKT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NCNO

Most directly comparable listed peer for ALKT.

Scale Benchmark

vs MSFT

Larger-name benchmark to compare ALKT against a more recognizable public peer.

Peer Set

Compare Top 5

vs NCNO, IBCP, FIS, FISV

ALKT SEC Filings & Documents

Alkami Technology, Inc. (ALKT) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 29, 2026·SEC

Material company update

Apr 1, 2026·SEC

Material company update

Feb 25, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 28, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 30, 2026·SEC

FY 2025

Oct 31, 2025·SEC

FY 2025

Jul 31, 2025·SEC

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ALKT Frequently Asked Questions

Alkami Technology, Inc. (ALKT) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Alkami Technology, Inc.'s revenue?

Alkami Technology, Inc. (ALKT) reported $471.9M in revenue for fiscal year 2025. This represents a 542% increase from $73.5M in 2019.

How fast is Alkami Technology, Inc. growing?

Alkami Technology, Inc. (ALKT) grew revenue by 32.9% over the past year. This is strong growth.

Is ALKT profitable?

Alkami Technology, Inc. (ALKT) reported a net loss of $49.8M for fiscal year 2025.

Dividend & Returns
What is ALKT's return on equity?

Alkami Technology, Inc. (ALKT) has a return on equity (ROE) of -13.3%. Negative ROE indicates the company is unprofitable.

What is Alkami Technology, Inc.'s free cash flow?

Alkami Technology, Inc. (ALKT) generated $44.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in ALKT back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →