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Companies / Technology / ALKAMI TECHNOLOGY, INC.
ALKT

ALKAMI TECHNOLOGY, INC.

TechnologyPrepackaged Software
Ticker ALKTPLANO, TXFiscal year ends DecemberBook value per share $3.40Diluted shares 106.6M

Alkami Technology, Inc. (NASDAQ: ALMI) operates as a cloud-based digital sales and service platform provider serving financial institutions across the United States. The company's website is www.alkami.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$443.64M
+32.9% year over year
Last 12 mo $489.73M
-12.09%
+1.3 percentage points
Last 12 mo -7.31%
$-47.65M
−16.7% year over year
Last 12 mo $-45.11M
-12.62%
−1.2 percentage points
Last 12 mo -12.44%
Cash & financing
$42.91M
+130.7% year over year
Last 12 mo $64.63M
$34.22M
+218.5% year over year
Last 12 mo $55.20M
0.97
Last 12 mo 0.93
103.9M
+5.1% year over year
Last 12 mo 106.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What ALKAMI TECHNOLOGY, INC. does

In the company’s own words

Alkami Technology, Inc. (NASDAQ: ALMI) operates as a cloud-based digital sales and service platform provider serving financial institutions across the United States. The company's website is www.alkami.com.

Alkami delivers a comprehensive digital banking platform designed to help community, regional, and super-regional financial institutions compete with larger, more technologically advanced banks. The Alkami Digital Sales & Service Platform consists of three primary components: the Alkami Digital Banking Platform, Onboarding & Account Opening solutions, and Data & Marketing capabilities. The platform integrates with core banking systems and third-party fintech providers through more than 300 real-time integrations, enabling financial institutions to onboard customers, drive engagement, and improve operational efficiency.

The company's solution encompasses ten product categories spanning 36 distinct products as of December 31, 2025. These include account management, payments and receivables, business and commercial banking, retail banking, marketing, data insights, admin and risk management, financial analytics, onboarding and account opening, and extensibility features. Alkami serves 301 financial institutions through its primary Digital Banking Platform and over 960 total clients when including those using specialized products from acquired companies.

Alkami's technology is built on a multi-tenant, single code base architecture hosted on Amazon Web Services, enabling continuous delivery and rapid innovation deployment. The company achieved over 99.95% uptime during 2025. The platform serves approximately 22.4 million live registered users as of December 31, 2025, representing the customer base of its financial institution clients.

The company generates revenues primarily through multi-year subscription contracts with an average contract life of approximately 70 months, employing a per-registered-user pricing model with tiered discounts. SaaS subscription services represented 95% of total revenues. Alkami has grown through strategic acquisitions, including ACH Alert for fraud prevention capabilities, Segmint for data analytics and marketing, and MANTL for onboarding and loan origination solutions.

As of December 31, 2025, Alkami employed 1,225 people. The company targets the top 2,500 financial institutions by assets, excluding megabanks with assets exceeding $450 billion, representing an addressable market of over 200 million registered users.

Company details
Sector
Technology
Industry
Prepackaged Software
Headquarters
PLANO, TX
Fiscal year end
December
CIK
1529274
SIC
7372

Financial performance, year by year

Fiscal 2021–2025 · USD
$-118.18M$47.62M$213.41M$379.20M$544.99M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns ALKAMI TECHNOLOGY, INC. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

177
funds hold it
0 of 35
superinvestors hold it
$401.98M
held by funds, at market
21.5%
of shares held by funds
1
bond issues held by funds

Largest fund holders · ALKAMI TECHNOLOGY, INC.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
0.02%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.04%of fund net assets
Small Cap Core Fund
JCCIX · John Hancock Investment Trust
1.38%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

ALKAMI TECHNOLOGY, INC.’s bonds, as funds hold them

Funds report holding 1 issues of ALKAMI TECHNOLOGY, INC.’s debt, $46.84M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 1.50%, maturing 2030 to 2030.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do ALKAMI TECHNOLOGY, INC. and its peers compare on margins and cash generation over ten years?”
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  • “What changed in ALKAMI TECHNOLOGY, INC.'s last four quarterly filings that the numbers alone won't show?”
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