ALKAMI TECHNOLOGY, INC.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $443.6M | $333.8M | $264.8M | $204.3M | $152.2M |
| Gross profit | $256.6M | $196.6M | $144.1M | $108.3M | $83.8M |
| Operating income | -$53.6M | -$44.6M | -$63.7M | -$57.7M | -$42.9M |
| Operating expenses | $310.2M | $241.3M | $207.8M | $166.0M | $126.7M |
| Cost of revenue | $187.0M | $137.2M | $120.7M | $95.9M | $68.4M |
| Cash from operations | $42.9M | $18.6M | -$17.5M | -$38.0M | -$29.0M |
| Capital expenditure | $1.5M | $1.2M | $1.1M | $1.1M | $1.1M |
| Free cash flow | $41.4M | $17.4M | -$18.6M | -$39.1M | -$30.1M |
| Share repurchases | — | — | $0 | $0 | $3.5M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
| Total assets | $847.2M | $437.3M | $399.8M | $488.9M | $436.5M |
| Total liabilities | $485.2M | $80.2M | $74.9M | $154.8M | $91.9M |
| Total debt | — | — | $0 | $85.0M | $24.7M |
Shares outstanding 107.0M · Free float 75.0%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.