Alkami Announces First Quarter 2026 Financial Results

Announces $100 Million Share Repurchase Program PLANO, Texas, April 29, 2026 /PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami" or "the Company"), a leading cloud-based digital banking solutions provider for financial institutions (FIs) in the U.S., today announced results for its first quarter ending March 31, 2026. First Quarter 2026 Financial Highlights GAAP total revenue of $126.1, an increase of 28.9% compared to the year-ago quarter; GAAP gross margin of 58.6%, compared to 59.0% in the year-ago quarter; Non-GAAP gross margin of 64.4%, compared to 64.3% in the year-ago quarter; GAAP net loss of $(10.0) million, compared to $(7.8) million in the year-ago quarter; and Adjusted EBITDA of $22.3 million, compared to $12.1 million in the year-ago quarter.
Open original source