Alkami Technology, Inc. income statement
In fiscal 2025, Alkami Technology, Inc. reported revenue of $444m, up 32.9% on the year before, operating income of −$53.6m (a -12.1% margin) and net income of −$47.7m, or −$0.46 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 74 | 112 | 152 | 204 | 265 | 334 | 444 |
| Cost of revenue | 43 | 53 | 68 | 96 | 121 | 137 | 187 |
| Gross profit | 30 | 59 | 84 | 108 | 144 | 197 | 257 |
| Research and development | 33 | 40 | 49 | 69 | 85 | 96 | 118 |
| Selling and marketing | 15 | 17 | 24 | 37 | 49 | 60 | 80 |
| General and administrative | 25 | 36 | 50 | 71 | 73 | 84 | 101 |
| Operating income | −43 | −35 | −43 | −58 | −64 | −45 | −54 |
| Interest expense | 0 | 0 | 1 | 4 | 7 | 0 | 9 |
| Income before tax | — | −51 | −47 | −59 | −63 | −41 | −59 |
| Income tax | 0 | 0 | 0 | −0 | 0 | 0 | −11 |
| Net income | −42 | −51 | −47 | −59 | −63 | −41 | −48 |
| Diluted EPS | −$9.91 | −$11.78 | −$0.73 | −$0.64 | −$0.67 | −$0.41 | −$0.46 |
| Diluted shares (average) | 4m | 5m | 65m | 91m | 94m | 99m | 104m |
| EBITDA | −40 | −32 | −39 | −50 | −53 | −34 | −27 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 86 | 90 | 98 | 112 | 113 | 121 | 130 | 135 |
| Cost of revenue | 35 | 36 | 40 | 46 | 49 | 52 | 56 | 57 |
| Gross profit | 51 | 53 | 58 | 66 | 64 | 69 | 74 | 78 |
| Research and development | 24 | 25 | 27 | 30 | 30 | 31 | 31 | 33 |
| Selling and marketing | 14 | 15 | 18 | 23 | 19 | 20 | 23 | 18 |
| General and administrative | 22 | 22 | 24 | 27 | 26 | 21 | 26 | 31 |
| Operating income | −10 | −9 | −15 | −16 | −13 | −9 | −8 | −6 |
| Interest expense | 0 | 0 | 1 | 3 | 3 | 3 | 2 | 2 |
| Income before tax | −9 | −8 | −15 | −18 | −15 | −11 | −9 | −8 |
| Income tax | −0 | −0 | −7 | −4 | −0 | 0 | −0 | −1 |
| Net income | −9 | −8 | −8 | −14 | −15 | −11 | −9 | −7 |
| Diluted EPS | −$0.09 | −$0.07 | −$0.08 | −$0.13 | −$0.14 | −$0.11 | −$0.08 | −$0.06 |
| EBITDA | −9 | −6 | −12 | −15 | −12 | −2 | −6 | −5 |
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