Adeia vs Alkami Technology
Adeia and Alkami Technology are similar in size: $443m and $444m of revenue in their latest fiscal years. Alkami Technology grew faster (32.9% against 17.9%). Adeia kept more of each dollar of sales as profit: a net margin of 25.1% against -10.7%. Adeia carries less debt relative to equity (88.8% against 92.9%).
| Latest fiscal year | AdeiaADEA, 2025 | Alkami TechnologyALKT, 2025 |
|---|---|---|
| Revenue | $443m | $444m |
| Revenue growth | 17.9% | 32.9% |
| Net income | $111m | −$47.7m |
| Operating margin | 39.5% | -12.1% |
| Net margin | 25.1% | -10.7% |
| Return on equity | 25.3% | -13.3% |
| Free cash flow | $156m | $41.4m |
| Cash | $73.1m | $63.5m |
| Total debt | $427m | $336m |
| Debt to equity | 88.8% | 92.9% |
| Dividend per share | $0.20 | — |
| Dividend yield | 1.0% | — |
| Share buybacks | $21.3m | — |
| Employees | 150 | 1,225 |
| Market value | $2.04bn | $1.41bn |
| Price vs our value range | Below our value range | — |
| Moat score | 38 (Weak) | 30 (Weak) |
| Insider trades, 12 months | 0 buys, 1 sales | 21 buys, 7 sales |