Alkami Technology, Inc. (ALKT) Income Statement
ALKT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsALKT revenue and net income
Where ALKT's revenue goes
2025Each bar shows an amount and its share of revenue. ALKT kept −10.7% of revenue as net income.
ALKT profit margins
ALKT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +32.9% | +29.5% | +31.7% | — |
| Gross profit | +30.5% | +33.3% | +34.1% | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | +16.7% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ALKT quarterly EPS vs estimates
Alkami Technology beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: October 28, 2026 (estimate $0.04).
ALKT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| 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 |
| Research & development | $118.4M | $96.2M | $84.7M | $69.3M | $48.8M | $40.2M | $32.7M |
| Sales, general & admin | $181.0M | $143.4M | $121.5M | $108.1M | $74.6M | $53.1M | $40.2M |
| Total operating expenses | $310.2M | $241.3M | $207.8M | $178.5M | $126.7M | $94.3M | $73.0M |
| Operating income | −$53.6M | −$44.6M | −$63.7M | −$70.2M | −$42.9M | −$35.1M | −$42.5M |
| Interest income | $4.2M | $4.6M | $7.1M | $2.7M | $487,000 | $55,000 | $267,000 |
| Interest expense | $9.5M | $461,000 | $7.4M | $3.9M | $1.2M | $489,000 | $110,000 |
| Income before taxes | −$59.0M | −$40.5M | −$62.9M | −$59.1M | −$46.6M | −$51.4M | −$41.9M |
| Income taxes | −$11.3M | $308,000 | $44,000 | −$461,000 | $172,000 | $489,000 | $110,000 |
| Net income | −$47.7M | −$40.8M | −$62.9M | −$58.6M | −$46.8M | −$51.4M | −$41.9M |
| EBITDA | −$22.6M | −$29.6M | −$44.9M | −$47.1M | −$42.0M | −$48.1M | −$39.5M |
| EPS (diluted) | $0.35 | $0.30 | −$0.21 | −$0.23 | −$1.47 | −$0.15 | −$8.71 |
| Gross margin | 57.8% | 58.9% | 54.4% | 53.0% | 55.1% | 52.8% | 41.4% |
| Operating margin | −12.1% | −13.4% | −24.1% | −34.4% | −28.2% | −31.3% | −57.8% |
| Net margin | −10.7% | −12.2% | −23.8% | −28.7% | −30.8% | −45.8% | −56.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $129.8M | $126.1M | $120.8M | $113.0M | $112.1M | $97.8M | $89.7M | $85.9M | $82.2M | $76.1M | $71.4M | $67.7M |
| Cost of revenue | $56.0M | $54.0M | $51.7M | $48.8M | $46.4M | $40.1M | $36.4M | $35.3M | $33.4M | $32.1M | $31.4M | $31.2M |
| Gross profit | $73.8M | $72.2M | $69.1M | $64.1M | $65.6M | $57.8M | $53.2M | $50.6M | $48.8M | $44.0M | $39.9M | $36.5M |
| Research & development | $31.4M | $31.0M | $31.2M | $30.1M | $30.2M | $26.9M | $25.3M | $24.1M | $23.9M | $22.8M | $21.5M | $21.8M |
| Sales, general & admin | $48.4M | $46.9M | $45.4M | $45.0M | $49.0M | $41.7M | $36.1M | $36.6M | $37.6M | $33.2M | $31.2M | $30.2M |
| Total operating expenses | $81.5M | $77.9M | $78.6M | $77.0M | $81.5M | $73.2M | $61.8M | $61.0M | $62.0M | $56.4M | $53.0M | $52.3M |
| Operating income | −$7.7M | −$5.7M | −$9.5M | −$12.9M | −$15.9M | −$15.4M | −$8.6M | −$10.4M | −$13.2M | −$12.4M | −$13.1M | −$15.8M |
| Interest income | $684,000 | $762,000 | $874,000 | $1.0M | $1.2M | $1.1M | $1.1M | $1.1M | $1.3M | $1.1M | $2.3M | $2.1M |
| Interest expense | $2.1M | $2.3M | $2.5M | $3.0M | $3.2M | $801,000 | $134,000 | $180,000 | $74,000 | $73,000 | $1.9M | $1.9M |
| Income before taxes | −$9.1M | −$7.2M | −$11.1M | −$14.8M | −$17.9M | −$15.1M | −$7.7M | −$9.5M | −$12.1M | −$11.2M | −$13.0M | −$15.4M |
| Income taxes | −$212,000 | $2.8M | $300,000 | −$29,000 | −$4.3M | −$7.3M | −$47,000 | −$19,000 | $185,000 | $189,000 | −$279,000 | $39,000 |
| Net income | −$8.9M | −$10.0M | −$11.4M | −$14.8M | −$13.6M | −$7.8M | −$7.6M | −$9.4M | −$12.3M | −$11.4M | −$12.7M | −$15.5M |
| EBITDA | $1.3M | $3.2M | −$765,000 | −$4.0M | −$7.0M | −$15.4M | −$4.9M | −$6.6M | −$9.4M | −$8.6M | −$8.3M | −$10.8M |
| EPS (diluted) | −$0.01 | $0.17 | $0.09 | $0.13 | $0.07 | $0.06 | $0.11 | $0.09 | $0.05 | $0.05 | $0.02 | −$0.16 |
| Gross margin | 56.8% | 57.2% | 57.2% | 56.8% | 58.6% | 59.0% | 59.3% | 58.9% | 59.4% | 57.8% | 56.0% | 54.0% |
| Operating margin | −5.9% | −4.5% | −7.9% | −11.4% | −14.2% | −15.7% | −9.6% | −12.1% | −16.1% | −16.2% | −18.4% | −23.3% |
| Net margin | −6.9% | −7.9% | −9.5% | −13.1% | −12.1% | −8.0% | −8.5% | −11.0% | −15.0% | −15.0% | −17.8% | −22.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ALKT's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ALKT financial results
In fiscal year 2025 (ended December 31, 2025), Alkami Technology reported revenue of $443.6 million, up 32.9% from the year before. It had a net loss of $47.7 million, a net profit margin of −10.7%. Diluted earnings per share came to $0.35. Over five years revenue grew at an average rate of 31.7% a year.
See the ALKT stock overview for the latest quote and news, or the ALKT chart for price history and technical indicators.
ALKT income statement FAQ
What is Alkami Technology's annual revenue?
Alkami Technology reported total revenue of $443.6 million for fiscal year 2025, which ended on December 31, 2025. That was up 32.9% from $333.8 million the previous year.
Is Alkami Technology profitable?
No. Alkami Technology reported a net loss of $47.7 million in fiscal 2025, a net profit margin of −10.7%; its operating margin was −12.1%.
What is Alkami Technology's gross margin?
Alkami Technology's gross margin was 57.8% in fiscal 2025: for every $100 of revenue, Alkami Technology kept $58 after the direct cost of its products and services.
How much does Alkami Technology spend on research and development?
Alkami Technology spent $118.4 million on research and development in fiscal 2025, 26.7% of revenue.
How fast is Alkami Technology growing?
Revenue grew 31.7% a year on average over the last five fiscal years, from $112.1 million to $443.6 million.
What are Alkami Technology's earnings per share?
Alkami Technology earned $0.35 per diluted share in fiscal 2025, compared with $0.30 a year earlier.
When will Alkami Technology report its next earnings?
Alkami Technology is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does Alkami Technology's fiscal year end?
Alkami Technology's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.