ALKT (Alkami Technology, Inc.) Stock Financials & Earnings

ALKTAlkami Technology, Inc.

Mkt Cap$2B

Technology·Software - Application·🇺🇸 United States·NASDAQ

Revenue (TTM)$444M

Net Income (TTM)-$48M

EPS (TTM)-$0.46

Free Cash Flow (TTM)$43M

Gross Margin57.8%

Op. Margin-12.1%

Net Margin-10.7%

FCF Margin9.8%

P/S Ratio (TTM)4.2x

P/E Ratio (TTM)—

YoY Rev Growth+32.9%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$60M	$32M	-$17M
Q2 23	$66M	$35M	-$18M
Q3 23	$68M	$37M	-$16M
Q4 23	$71M	$40M	-$13M
Q1 24	$76M	$44M	-$12M
Q2 24	$82M	$49M	-$13M
Q3 24	$86M	$51M	-$10M
Q4 24	$90M	$53M	-$9M
Q1 25	$98M	$58M	-$15M
Q2 25	$112M	$66M	-$16M
Q3 25	$113M	$64M	-$13M
Q4 25	$121M	$69M	-$9M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$21M	$17M	$11M
Q2 23	$21M	$18M	$14M
Q3 23	$22M	$18M	$12M
Q4 23	$21M	$19M	$12M
Q1 24	$23M	$19M	$14M
Q2 24	$24M	$21M	$17M
Q3 24	$24M	$22M	$14M
Q4 24	$25M	$22M	$15M
Q1 25	$27M	$24M	$18M
Q2 25	$30M	$26M	$23M
Q3 25	$30M	$26M	$19M
Q4 25	$31M	$25M	$20M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	33.9%	-20.7%	13.3
Q2 23	30.1%	-20.2%	9.9
Q3 23	26.8%	-16.0%	10.8
Q4 23	28.5%	-11.7%	16.8
Q1 24	26.9%	-11.3%	15.6
Q2 24	24.9%	-11.5%	13.4
Q3 24	26.9%	-7.7%	19.2
Q4 24	25.6%	-5.5%	20.2
Q1 25	28.5%	-15.7%	12.8
Q2 25	36.4%	-6.2%	30.1
Q3 25	31.5%	-3.5%	28.0
Q4 25	34.7%	-0.6%	34.1

Revenue Segments

Quarter	Implementation Services	SaaS Subscription Services	Service, Other
Q1 23	$2M	$58M	$807K
Q2 23	$3M	$61M	$1M
Q3 23	$2M	$65M	$868K
Q4 23	$2M	$69M	$940K
Q1 24	$2M	$73M	$1M
Q2 24	$2M	$78M	$2M
Q3 24	$2M	$82M	$2M
Q4 24	$2M	$86M	$2M
Q1 25	$2M	$93M	$3M
Q2 25	$3M	$106M	$3M
Q3 25	$4M	$108M	$2M
Q4 25	$4M	$115M	$2M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$114M	$71M	$185M
Q2 23	$90M	$86M	$176M
Q3 23	$76M	$102M	$178M
Q4 23	$41M	$51M	$92M
Q1 24	$44M	$43M	$87M
Q2 24	$61M	$26M	$87M
Q3 24	$81M	$20M	$101M
Q4 24	$94M	$21M	$116M
Q1 25	$62M	$34M	$95M
Q2 25	$52M	$35M	$87M
Q3 25	$57M	$34M	$91M
Q4 25	$63M	$36M	$99M

Shares Outstanding

Revenue Per Employee

Revenue / Employee