ALKAMI TECHNOLOGY, INC. earnings

Alkami Technology reported second-quarter 2026 revenue of $129.8 million, up 15.9% from the year-ago quarter. Year-to-date revenue was $256.0 million, up 22.0%. Gross profit for the quarter was $73.8 million, up 12.5%, though gross margin slipped to 56.8% from 58.6%, down 1.7 percentage points.

Alkami Technology reported first-quarter 2026 revenue of $126.1 million, up 28.9% from the year-ago quarter. GAAP gross margin was 58.6%, compared with 59.0% in the prior-year quarter. The company recorded a GAAP net loss of $(10.0) million and diluted EPS of $(0.09).

Alkami closed fiscal 2025 with fourth quarter revenue of $120.8 million, up 34.7% from the year-ago quarter. Full year revenue reached $443.6 million, up 32.9%. The top line benefited from the MANTL acquisition, new client wins, existing client user growth and ARPU gains.

Alkami Technology reported revenue of $113.0 million for the fiscal third quarter ended September 30, 2025, up 31.5% from $85.9 million in the year-ago quarter. Revenue for the first nine months of fiscal 2025 was $322.8 million, up 32.2% from $244.2 million.

Alkami Technology reported second quarter revenue of $112.1 million, up 36.4% from the year-ago quarter. Gross profit was $65.6 million, up 34.5%. Gross margin was 58.6%, down from 59.4%, mainly because amortization of intangibles tied to the MANTL acquisition rose.

Alkami Technology posted fiscal 2025 first-quarter revenue of $97.8 million, up 28.5% from the year-ago quarter. Gross profit rose 31.2% to $57.8 million, and GAAP gross margin reached 59.0%, up 1.2 percentage points. The company remains unprofitable on a GAAP basis.

Alkami Technology ended 2024 with fourth-quarter revenue of $89.7 million, up 25.6% from the year-ago quarter. Full-year revenue reached $333.8 million, up 26.1% from 2023. Gross profit was $53.2 million in the quarter, up 33.2%, and $196.6 million for the year, up 36.4%.

Alkami Technology reported third-quarter revenue of $85.9 million, up 26.9% from $67.7 million in the same quarter last year. Gross profit rose 38.5% to $50.6 million, and the gross margin expanded to 58.9% from 54.0%.

Alkami Technology closed the quarter ended June 30, 2024 with revenue of $82.2 million, up 24.9% from $65.8 million in the year-ago quarter. Six-month revenue reached $158.3 million, up 25.9% from $125.8 million.

Alkami Technology reported first quarter fiscal 2024 revenue of $76.1 million, up 26.9% from the year-ago quarter. Gross profit rose 37.0% to $44.0 million, and gross margin expanded 4.3 percentage points to 57.8%.

Alkami Technology closed fiscal 2023 with fourth-quarter revenue of $71.4 million, up 28.5% from the prior-year quarter. Full-year revenue was $264.8 million, up 29.6% from 2022.

Alkami Technology reported third-quarter fiscal 2023 revenue of $67.7 million, up 26.8% from the prior-year quarter. Gross profit rose 32.6% to $36.55 million, and gross margin expanded to 54.0% from 51.6%. The company narrowed its operating loss to $15.79 million from $19.82 million, a 20.3% improvement.

Alkami Technology reported second quarter fiscal 2023 revenue of $65.76 million, up 30.1% from the prior-year quarter. Gross profit was $35.47 million, up 30.1% as well. Gross margin was 53.9%, flat against the prior-year quarter.

Alkami Technology reported first quarter fiscal 2023 revenue of $60.00 million, up 33.9% from the prior-year quarter. Growth came from registered user gains, higher revenue per user and the Segmint acquisition, which closed in April 2022 and added $3.5 million. SaaS subscription services were 95.9% of total revenue.

Alkami Technology closed fiscal 2022 with fourth-quarter revenue of $55.5 million, up 30.9% from the prior-year quarter. Full-year revenue was $204.3 million, up 34.2% from 2021. The top line grew at a similar pace to the prior year, but profitability remains under pressure.

Alkami's third quarter revenue rose to $53.4 million, up 34.3% from the year-ago quarter. Year-to-date revenue reached $148.7 million, up 35.6%. Gross profit was $27.6 million, up 23.2% from the prior-year quarter, but gross margin slipped to 51.6% from 56.3%.

Alkami Technology posted fiscal 2022 second-quarter revenue of $50.5 million, up 37.7% from $36.7 million in the year-ago quarter. Revenue for the six months ended June 30, 2022 was $95.3 million, up 36.2% from $70.0 million.

Alkami Technology reported first quarter fiscal 2022 GAAP revenue of $44.8 million, up 34.7% from the prior-year quarter. Gross profit rose to $24.8 million, and gross margin improved to 55.4%, up 2.0 percentage points.

Alkami closed 2021 with full-year revenue of $152.16 million, up 35.7% from the prior year. Full-year gross profit was $83.81 million, up 41.7%. The full-year operating loss was $42.92 million, and the loss widened 22.3%. Net loss for the year was $46.82 million, and the loss narrowed 8.8%.

Alkami Technology reported third-quarter revenue of $39.8 million, up 37% from the prior-year quarter. The company closed its acquisition of MK Decisioning Systems in September 2021 for about $20 million in cash.

Alkami Technology reported fiscal 2021 second quarter revenue of $36.7 million, up 37.6% from the prior-year quarter. Gross profit rose faster, up 52.8% to $20.5 million, and gross margin expanded to 55.9% from 50.4%, a gain of 5.6 percentage points.

Alkami Technology reported first quarter fiscal 2021 total revenue of $33.3 million, up 43.3% from the prior-year quarter. Gross profit rose 57.1% to $17.8 million, and GAAP gross margin expanded to 53.4%, up 4.7 percentage points. Non-GAAP gross margin was 54.5%, an expansion of approximately 540 basis points.