Brief: Alkami Technology Q2 Revenue USD 112.059 Million Vs. IBES Estimate USD 110 Million

Alkami Technology

30/07/2025 21:06

Overview

Alkami Technology Q2 2025 revenue rises 36% yr/yr, beating analyst expectations, per LSEG data

Adjusted EBITDA for Q2 2025 reaches $11.9 mln, up from $4.6 mln yr/yr

Company attributes growth to demand for digital transformation and MANTL acquisition

Outlook

Alkami sees Q3 revenue between $112.5 mln and $114.0 mln

Alkami expects Q3 adjusted EBITDA of $13.0 mln to $14.0 mln

Company forecasts 2025 revenue of $443.0 mln to $447.0 mln

Company anticipates 2025 adjusted EBITDA of $51.5 mln to $54.0 mln

Result Drivers

DIGITAL TRANSFORMATION DEMAND - Strong demand for digital transformation among regional and community financial institutions contributed to revenue growth, per CEO Alex Shootman

MANTL ACQUISITION - Recent acquisition of MANTL added 23 new clients, boosting platform user numbers and supporting revenue growth

USER GROWTH - Platform users increased by 2.3 mln to 20.9 mln, contributing to revenue per registered user rising 17% yr/yr

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$112.06 mln
$110 mln (10 Analysts)
Q2 GAAP Net Income
-$13.59 mln
Q2 Gross Margin
58.6%
Q2 Adjusted Gross Margin
65.1%
Q2 Gross Profit
$65.62 mln


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 $40.00, about 33.4% above its July 29 closing price of $26.62

The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 52 three months ago

Press Release: ID:nPn9xqydga

(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.)