Alkami Q4 revenue rises 35%, slightly beats estimates

Alkami Technology

25/02/2026 21:52

Overview

Cloud-based banking solutions provider's Q4 revenue slightly beat analyst expectations

Adjusted EBITDA for Q4 rose significantly yr/yr

Company expanded client portfolio, adding 39 new logos in 2025

Outlook

Alkami expects Q1 2026 revenue between $124.7 mln and $125.7 mln

Company forecasts FY 2026 revenue between $525.5 mln and $530.5 mln

Alkami anticipates Q1 2026 adjusted EBITDA between $21.1 mln and $21.9 mln

Result Drivers

CLIENT EXPANSION - Alkami added 39 new clients in 2025, including 11 banks, marking the best quarter for new logos in four years, per CEO Alex Shootman

NEW STRATEGY SUCCESS - Alkami's new go-to-market strategy, including the Digital Sales & Service Platform, drove over 50% of new online banking deals under its Platform umbrella in H2 2025

USER BASE GROWTH - Alkami increased its digital banking platform users by 2.4 million in 2025, ending the year with 22.4 million users, per CFO Cassandra Hudson

Company press release: ID:nPnY8g4Ja

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Beat*
$120.79 mln
$120.32 mln (10 Analysts)
Q4 Net Income
-$11.44 mln
Q4 Gross Margin
57.20%
Q4 Adjusted Gross Margin
63.40%
Q4 Gross Profit
$69.08 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Alkami Technology Inc is $30.00, about 92.3% above its February 24 closing price of $15.60

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 24 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)