In Q3 FY2025, Alkami Technology reported revenue of $112.95 million, up 31.5% year-over-year. Net loss was $14.80 million, widening 56.8% from the prior year. Operating loss was $12.88 million, up 23.5% year-over-year. Diluted EPS was -$0.14, a 55.6% decline from the prior year.
•Revenue grew 31.5% YoY to $112.95 million.
•Net loss widened 56.8% YoY to $14.80 million.
•Operating loss increased 23.5% YoY to $12.88 million.
•Diluted EPS was -$0.14, down 55.6% YoY.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Alkami Technology provides a cloud-based digital sales and service platform for financial institutions in the United States. The company offers the Alkami digital sales & service platform, which includes the Alkami digital banking platform, onboarding & account opening, and data & marketing modules.
Its solutions enable financial institutions to onboard and engage new users, accelerate revenues, and enhance operational efficiency, with the support of proprietary, cloud-based, and multi-tenant architecture. The company serves community, regional, super-regional credit unions, and banks. Founded in 2009, the company is based in Plano, Texas.
Alkami Technology provides a cloud-based digital sales and service platform for financial institutions in the United States. The company's main offering is the Alkami digital sales & service platform, which includes the Alkami digital banking platform, onboarding & account opening, and data & marketing modules. These solutions help financial institutions onboard and engage new users, accelerate revenues, and enhance operational efficiency. The platform is built on proprietary, cloud-based, and multi-tenant architecture, enabling scalable and secure digital banking experiences.
Where is Alkami Technology (ALKT) listed and in which currency?
Alkami Technology is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol ALKT. The company's shares are traded in US Dollars (USD), as it is headquartered in the United States and operates primarily in the US market.
What sector and industry does Alkami Technology (ALKT) belong to?
Alkami Technology operates in the Technology sector, specifically within the Software - Application industry. This means the company develops and sells software applications, in this case a cloud-based digital banking platform, rather than hardware or other technology services. The software is designed for financial institutions to manage customer relationships and digital interactions.
Where is Alkami Technology (ALKT) headquartered and what markets does it serve?
Alkami Technology is headquartered in Plano, Texas, United States. The company serves the US market exclusively, focusing on community, regional, and super-regional credit unions and banks. Its digital platform is tailored to help these financial institutions compete in the digital banking space by offering modern, cloud-based solutions for customer engagement and account management.
How does Alkami Technology (ALKT) generate revenue?
Alkami Technology generates revenue by providing a cloud-based digital sales and service platform to financial institutions under a subscription or service model. The platform includes modules for digital banking, onboarding & account opening, and data & marketing. Financial institutions pay for access to these tools, which help them onboard new users, increase revenue, and improve operational efficiency. The company's proprietary, multi-tenant cloud architecture allows it to serve multiple clients from a single platform, creating scalable revenue streams.