ALKAMI TECHNOLOGY, INC.

ALKAMI TECHNOLOGY, INC.

ALKTVertical SaaS

Alkami Technology powers online and mobile banking for community banks and credit unions.

Key figures

Data as of Jun 2026 · Pills compare vs Mar 2026
ARR Multiple
3.7x
+0.4x
ARR
$519M
+2.9%
YoY Growth
15.9%
-13.1pp
Market Cap
$1.9B
+15.6%
Revenue (Q)
$130M
+2.9%
Gross Margin
56.9%
-1.7pp
Op. Margin
-5.9%
+1.0pp
Rule of 40
9.9
-12.0
Magic Number
0.74
-0.33

Revenue, margins & ratios from SEC filings; market cap & ARR multiple from market data.

AI Replacement Risk
8/ 100
LowHigh

Estimated likelihood that general-purpose AI replaces this product.

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Valuation by quarter

Current ARR Multiple: 3.7x

Calculated valuation

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Valuation data is not available for this company.

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Company overview

Alkami Technology powers online and mobile banking for community banks and credit unions. The company was founded in 2009 in Plano, Texas. It went public in 2021.

The big banks spend fortunes building slick apps. Smaller banks and credit unions cannot match that. Yet their members still want a modern app that just works. Alkami closes that gap. It gives smaller institutions a digital banking platform that feels current and competitive.

The platform runs the whole digital experience. Account access, transfers, bill pay, alerts, and card controls. It also adds data and marketing tools so a credit union can spot opportunities and reach members with the right offer.

Suppose a regional credit union is losing young members to a flashy fintech app. It cannot build its own from scratch. With Alkami, it launches a strong mobile experience quickly and keeps those members close to home.

Alkami charges based on the number of registered users on its platform. As its clients grow their digital user base, Alkami revenue grows with them. That alignment is a nice feature of the model.

Revenue runs around $330 million a year and grows fast. The company is working its way toward steady profit. Alkami rides a simple trend. Every bank must be a digital bank now, and most of them need help getting there.

Entity information

Industry7372: Services-Prepackaged Software
Fiscal YearDec 31
IncorporatedDelaware
Phone(972) 200-1937
Address5601 GRANITE PARKWAY, SUITE 120, PLANO, TX, 75024
Mailing address5601 GRANITE PARKWAY, SUITE 120, PLANO, TX, 75024
EIN45-3060776
Entity typeoperating
SEC industry framework06 Technology
Former namesALKAMI TECHNOLOGY, INC, (to 2020-08-14)

Quarterly financials

Left axis in $ (Revenue, Gross profit, Net income, S&M); right axis for ratios (Rule of 40, Magic number). Click a legend item to toggle it.