📊 ALKT Key Takeaways
Is Alkami Technology, Inc.. (ALKT) a Good Investment?
Alkami demonstrates strong revenue growth (32.9% YoY) and solid free cash flow generation ($41.4M), but persistent operating losses (-$53.6M) and negative profitability metrics indicate the company has not yet achieved sustainable profitability at scale. The strong cash position and healthy liquidity provide runway for continued investment, though path to profitability remains unclear.
Alkami Technology shows strong fundamental growth quality through 32.9% revenue expansion, healthy 57.8% gross margin, and positive operating and free cash flow. Its balance sheet is also solid, with ample liquidity and no long-term debt. However, persistent operating and net losses, along with negative returns on assets and equity, indicate the business has not yet converted scale into durable profitability.
Why Buy Alkami Technology, Inc.. Stock? ALKT Key Strengths
- Revenue growth of 32.9% YoY demonstrates strong market demand for software platform
- Positive free cash flow of $41.4M (9.3% FCF margin) shows ability to generate cash despite operating losses
- Strong gross margin of 57.8% indicates pricing power and efficient production of core software services
- Solid balance sheet with $63.5M cash, zero long-term debt, and 2.09x current ratio provides financial flexibility
- 13 Form 4 insider filings suggest continued insider engagement and confidence
- Strong top-line growth of 32.9% year over year
- Positive operating cash flow and free cash flow with a 9.3% FCF margin
- Healthy balance sheet with 2.09x current ratio and no long-term debt
ALKT Stock Risks: Alkami Technology, Inc.. Investment Risks
- Operating loss of -$53.6M and negative net margin of -10.7% indicate company is not profitable at operating level despite scale
- Net income declining 16.7% YoY while revenue grows 32.9% suggests operating leverage is deteriorating, not improving
- Negative ROE (-13.2%) and ROA (-5.6%) indicate capital inefficiency and shareholder value destruction
- Operating cash flow of $42.9M barely exceeds capex, leaving minimal cushion if growth slows or spending requirements increase
- Negative interest coverage ratio (-734.7x) reflects inability to cover costs from operations, dependent on cash reserves
- Operating margin remains negative at -12.1%, showing the core business is still unprofitable
- Net losses and diluted EPS worsened year over year
- Negative ROE and ROA indicate weak efficiency in converting capital and assets into earnings
Key Metrics to Watch
- Operating margin trajectory - needs to show clear path to positive territory with continued revenue growth
- Cash burn rate and runway - monitor quarterly cash consumption given operating losses
- Gross margin sustainability - track whether 57.8% margin holds as customer acquisition costs or competition increase
- Free cash flow conversion - watch if FCF remains positive and grows in proportion to revenue
- Customer acquisition cost and lifetime value metrics - critical indicators of sustainable unit economics
- Operating margin improvement toward breakeven
- Free cash flow consistency and conversion as revenue scales
Alkami Technology, Inc.. (ALKT) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.09x current ratio provides a solid financial cushion.
ALKT Profit Margin, ROE & Profitability Analysis
ALKT vs Technology Sector: How Alkami Technology, Inc.. Compares
How Alkami Technology, Inc.. compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Alkami Technology, Inc.. Stock Overvalued? ALKT Valuation Analysis 2026
Based on fundamental analysis, Alkami Technology, Inc.. has mixed fundamental signals relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Alkami Technology, Inc.. Balance Sheet: ALKT Debt, Cash & Liquidity
ALKT Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Alkami Technology, Inc..'s revenue has grown significantly by 192% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.67 indicates the company is currently unprofitable.
ALKT Revenue Growth, EPS Growth & YoY Performance
ALKT Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $85.9M | -$9.4M | $-0.09 |
| Q2 2025 | $82.2M | -$12.3M | $-0.13 |
| Q1 2025 | $76.1M | -$7.8M | $-0.08 |
| Q3 2024 | $67.7M | -$9.4M | $-0.09 |
| Q2 2024 | $65.8M | -$12.3M | $-0.13 |
| Q1 2024 | $60.0M | -$11.4M | $-0.12 |
| Q3 2023 | $53.4M | -$15.5M | $-0.16 |
| Q2 2023 | $50.5M | -$17.8M | $-0.19 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Alkami Technology, Inc.. Dividends, Buybacks & Capital Allocation
ALKT SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Alkami Technology, Inc.. (CIK: 0001529274)
📋 Recent SEC Filings
❓ Frequently Asked Questions about ALKT
What is the AI rating for ALKT?
Alkami Technology, Inc.. (ALKT) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 72% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are ALKT's key strengths?
Claude: Revenue growth of 32.9% YoY demonstrates strong market demand for software platform. Positive free cash flow of $41.4M (9.3% FCF margin) shows ability to generate cash despite operating losses. ChatGPT: Strong top-line growth of 32.9% year over year. Positive operating cash flow and free cash flow with a 9.3% FCF margin.
What are the risks of investing in ALKT?
Claude: Operating loss of -$53.6M and negative net margin of -10.7% indicate company is not profitable at operating level despite scale. Net income declining 16.7% YoY while revenue grows 32.9% suggests operating leverage is deteriorating, not improving. ChatGPT: Operating margin remains negative at -12.1%, showing the core business is still unprofitable. Net losses and diluted EPS worsened year over year.
What is ALKT's revenue and growth?
Alkami Technology, Inc.. reported revenue of $443.6M.
Does ALKT pay dividends?
Alkami Technology, Inc.. does not currently pay dividends.
Where can I find ALKT SEC filings?
Official SEC filings for Alkami Technology, Inc.. (CIK: 0001529274) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ALKT's EPS?
Alkami Technology, Inc.. has a diluted EPS of $-0.46.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is ALKT a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Alkami Technology, Inc.. has a HOLD rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is ALKT stock overvalued or undervalued?
Valuation metrics for ALKT: ROE of -13.2% (sector avg: 22%), net margin of -10.7% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
Should I buy ALKT stock in 2026?
Our dual AI analysis gives Alkami Technology, Inc.. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is ALKT's free cash flow?
Alkami Technology, Inc..'s operating cash flow is $42.9M, with capital expenditures of $1.5M. FCF margin is 9.3%.
How does ALKT compare to other Technology stocks?
Vs Technology sector averages: Net margin -10.7% (avg: 18%), ROE -13.2% (avg: 22%), current ratio 2.09 (avg: 2.5).