Alkami Technology, Inc.ALKT

NasdaqTechnologyServices-Prepackaged Software
Price (close)
$13.80
Market cap
$1.5B
P/E
—
Revenue (TTM)
$443.6M
Net income
-$47.7M
Dividend yield
—
1-year total return
-45.5%
Net margin
-10.7%
Revenue growth
32.9%
Debt / equity
—

What Alkami Technology, Inc. does.

Alkami is a cloud-based digital sales and service platform provider. We inspire and empower community, regional and super-regional financial institutions (“FIs”) to compete with large, technologically advanced and well-resourced banks in the United States. Our solution, the Alkami Digital Sales & Service Platform, consisting of the Alkami Digital Banking Platform (“Platform”), Onboarding & Account Opening, and Data & Marketing, allows FIs to onboard, engage and grow new users, accelerate revenues and meaningfully improve operational efficiency, all with the support of a proprietary, true cloud-based, multi-tenant architecture. We cultivate deep relationships with our clients through long-term, subscription-based contractual arrangements, aligning our growth with our clients’ success and generating an attractive unit economic model.

We founded Alkami to help level the playing field for FIs. Since then, our vision has been to create a platform that combines premium technology and fintech solutions in one integrated ecosystem, delivered as a SaaS solution and providing our clients’ account holders, which include customers for banks and members for credit unions, with a single point of access to all things digital. We invested significant resources to build a technology stack that prioritized innovation velocity and speed-to-market given the importance of product depth and functionality in winning and retaining clients. In October 2020, we acquired ACH Alert, LLC (“ACH Alert”) to pursue adjacent product opportunities, such as fraud prevention and to expand our addressable market. In April 2022, we acquired Segmint Inc. (“Segmint”), a leading cloud-based financial data analytics and transaction data cleansing provider. In March 2025, we acquired Fin Technologies, Inc. dba MANTL (“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.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$112.1M$152.2M$204.3M$264.8M$333.8M$443.6M
Net income-$51.4M-$46.8M-$58.6M-$62.9M-$40.8M-$47.7M
Free cash flow-$40.3M-$30.1M-$39.1M-$18.6M$17.4M$41.4M

More on ALKT.

Figures from Alkami Technology, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.