ALKTNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
ALKAMI TECHNOLOGY, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$14.01+0.28 (+2.04%)
Close on Oct 19, 2026
- Market cap
- $1.50B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
57.8%+5.1 pts over 5 years
Operating margin
-12.1%+19.2 pts over 5 years
Net margin
-10.7%+35.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +32.9% | +29.5% | +31.7% | – | |
| Gross profit | +30.5% | +33.3% | +34.1% | – | |
| Free cash flow | +137.7% | – | – | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 22.4% | -13.3% | |
| Return on assets | – | – | -7.4% | |
| Current ratio | – | 9.43 | 2.09 | |
| Debt to equity | – | -0.09 | – | |
| Net debt to EBITDA | – | 4.54× | – | |
| Interest coverage | – | -71.8× | -5.7× | |
| Capex to revenue | – | 1.9% | 0.3% | |
| Diluted shares | – | 5M | 104M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Alkami Technology generated $146.01M from operations and spent $14.44M on capital expenditure, dividends and share buybacks. 41% of that went back into the business.
Generated
$146.01M
Used
$14.44M
Capital expenditure$5.97M41%Dividends$4.97M34%Share buybacks$3.50M24%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-10.7%
×Asset turnover0.69×
×Equity multiplier1.79×
=Return on equity, FY2025-13.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -10.7% | 0.69× | 1.79× | -13.3% |
| FY2024 | -12.2% | 0.80× | 1.23× | -12.0% |
| FY2023 | -23.8% | 0.60× | 1.35× | -19.1% |
| FY2022 | -28.7% | 0.44× | 1.36× | -17.3% |
| FY2021 | -30.8% | 0.44× | 8.46× | -115.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$47.65M
- Cash generatingOperating cash flow above zero$42.91M
- Return on assets improvedROA up on the prior year-10.2% → -10.9%
- Earnings backed by cashOperating cash flow above net income$42.91M vs -$47.65M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose3.98 → 2.09
- No dilutionShare count did not rise99M → 104M
- Gross margin improvedGross margin up on the prior year58.90% → 57.84%
- More efficientAsset turnover rose0.83 → 1.01