Alkami Tech Earnings Reports

Alkami Technology, Inc. reported a robust first quarter for 2025, with significant increases in total revenue and Adjusted EBITDA. The company also announced the planned retirement of its CFO, Bryan Hill, effective by February 27, 2026, and provided positive financial guidance for the second quarter and full fiscal year 2025.

Alkami Technology, Inc. achieved strong revenue growth of 25.6% year-over-year, reaching $89.7 million. The company's net loss narrowed to $7.6 million, improving from a $12.7 million loss in the prior-year quarter. Adjusted EPS came in at $0.11, and Adjusted EBITDA increased significantly to $10.2 million, up from $3.1 million in Q4 2023.

Alkami Technology reported GAAP total revenue of $85.9 million, a 26.9% increase compared to the year-ago quarter. The company ended Q3 with 19.5 million live registered users and signed nine new digital banking clients. Adjusted EBITDA was $8.3 million, compared to $0.8 million in the year-ago quarter.

Alkami Technology, Inc. reported GAAP total revenue of $82.2 million for the second quarter of 2024, a 24.9% increase compared to the year-ago quarter. The company achieved a GAAP gross margin of 59.4% and an adjusted EBITDA of $4.6 million. Alkami ended the quarter with 18.6 million live registered users, up 2.7 million compared to the prior-year quarter.

Alkami Technology, Inc. reported a 26.9% increase in GAAP total revenue to $76.1 million for the first quarter ending March 31, 2024. The company also saw a rise in GAAP gross margin to 57.8% and an adjusted EBITDA of $3.8 million.

Alkami Technology, Inc. reported a 29% increase in GAAP total revenue, reaching $71.4 million for Q4 2023. The company also improved its GAAP gross margin to 56% and achieved an adjusted EBITDA of $3.1 million, compared to a loss in the year-ago quarter. Alkami added 3 million registered users, ending the year with 17.5 million users.

Alkami Technology, Inc. announced its Q3 2023 financial results, featuring a 27% increase in GAAP total revenue compared to the year-ago quarter and growth in digital banking users.

Alkami Technology, Inc. announced its Q2 2023 financial results, reporting a 30% increase in GAAP total revenue compared to the year-ago quarter. The company added 16 new digital banking platform clients in the first half of the year, including 10 in the second quarter. Alkami exited the quarter with $257 million in Annual Recurring Revenue, up 26% compared to the year-ago quarter.

Alkami Technology, Inc. reported a 34% increase in GAAP total revenue to $60 million for the first quarter of 2023. The company also saw an 18% increase in digital banking users, reaching 15.1 million, and a 36% increase in Annual Recurring Revenue, reaching $240 million.

Alkami Technology, Inc. reported a 31% increase in GAAP total revenue for Q4 2022, reaching $55.5 million. The company experienced a reduced GAAP net loss of $(4.9) million compared to the year-ago quarter and an adjusted EBITDA loss of $(4.0) million. Alkami added 37 new logos in 2022 and exited the quarter with 14.5 million digital banking users, up 18% year-over-year.

Alkami announced its Q3 2022 financial results, reporting a 34% increase in GAAP total revenue compared to the year-ago quarter, reaching $53.4 million. The company added ten new logos to the Alkami digital banking community and successfully renewed six clients' contracts. However, the GAAP net loss increased to $(20.0) million, and the adjusted EBITDA loss was $(4.6) million.

Alkami Technology, Inc. announced results for its second quarter ending June 30, 2022. GAAP total revenue was $50.5 million, an increase of 38% compared to the year-ago quarter. The company closed seven new logos, including two banks, bringing first half new logo count to six credit unions and six banks.

Alkami Technology, Inc. reported a 35% increase in GAAP total revenue to $44.8 million for the first quarter ending March 31, 2022. The company closed five new logos, renewed four clients and delivered another significant quarter of add-on sales.