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MARKETS / NASDAQ / ALKT
NASDAQ · SERVICES-PREPACKAGED SOFTWARE · LARGE CAP

Alkami Technology, Inc. ALKT

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$443.6M
▲ 32.9% YoY
$-47.7M
$41.4M
▲ 137.7% YoY
In brief

What this company does

Alkami is a cloud-based digital sales and service platform provider. Its Platform is true cloud and entirely hosted and delivered on Amazon Web Services. As of December 31, 2025, it had 1,225 employees. As of December 31, 2025, it served 301 FIs through the Alkami Digital Banking Platform and over 960 clients when including unique clients only subscribing to one or a combination of ACH Alert, Segmint, or MANTL products. No single client represented more than 5% of its total revenues in the year ended December 31, 2025. Its solution, the Alkami Digital Sales & Service Platform, consists of the Alkami Digital Banking Platform, Onboarding & Account Opening, and Data & Marketing. In March 2025, it acquired Fin Technologies, Inc. dba MANTL to provide onboarding, account opening, and loan origination solutions that allow FIs to acquire commercial, business and retail customers or members through a variety of channels for deposit account and loan types.

Written from the business description in ALKAMI TECHNOLOGY, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth
USD 443.6M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 443.6 · Net income -47.7
200.0M400.0M-25.0M-50.0M2019202020212022202320242025
Compound annual growth
+29.5%
+31.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +31.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−11 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -12.1% · Net -10.7%
-20%-40%2019202020212022202320242025
ROE
FY2025 · ROE -13.3%
-50%-100%2019202020212022202320242025

Each USD of equity lost 13 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 41.4
20M40M-20M-40M2019202020212022202320242025
Net buybacks $M Dividends $M
FY2023 · Dividends 0.0 · Net buybacks -13.0
2M4M-5M-10MDividendsNet buybacks20192020202120222023

Total assetsUSD 847.2M
EquityUSD 362.0M
CashUSD 63.5M
Current ratio2.09×

Equity funds 43% of total assets.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.40.30.30.20.20.10.1
Operating income $B−0.1−0.0−0.1−0.1−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.1−0.0−0.0−0.0−0.0
Income tax $B−0.00.00.0−0.00.00.00.0
Net income $B−0.0−0.0−0.1−0.1−0.0−0.1−0.0
Free cash flow $B0.00.0−0.0−0.0−0.0−0.0−0.0
EPS, diluted $−0.46−0.41−0.67−0.64−0.73−11.78−9.91
Dividend / sh $·······
Payout %··−0−0−11−0−0
ROE %−13.3−12.0−19.1−17.3−115.5··
Shares out B0.110.100.100.090.090.00·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 33 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 62 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2019

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