ALKAMI TECHNOLOGY, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $443.6M | $333.8M | $264.8M | $204.3M | $152.2M | $112.1M | $73.5M |
| Cost of Revenue | — | $187.0M | $137.2M | $120.7M | $95.9M | $68.4M | $53.0M | $43.1M |
| Gross Profit | — | $256.6M | $196.6M | $144.1M | $108.3M | $83.8M | $59.2M | $30.4M |
| Gross Margin | — | 57.8% | 58.9% | 54.4% | 53.0% | 55.1% | 52.8% | 41.4% |
| Operating Expenses | ||||||||
| Research & Development | — | $118.4M | $96.2M | $84.7M | $69.3M | $48.8M | $40.2M | $32.7M |
| SG&A Expense | — | $100.9M | $83.7M | $72.9M | $71.2M | $50.4M | $36.4M | $24.9M |
| Operating Income | — | $-53.6M | $-44.6M | $-63.7M | $-57.7M | $-42.9M | $-35.1M | $-42.5M |
| Operating Margin | — | -12.1% | -13.4% | -24.1% | -28.2% | -28.2% | -31.3% | -57.8% |
| Interest Expense | — | — | — | $7.4M | $3.9M | $1.2M | $489.0K | $110.0K |
| Pretax Income | — | $-59.0M | $-40.5M | $-62.9M | $-59.1M | $-46.7M | $-51.4M | — |
| Income Tax Expense | — | $-11.3M | $308.0K | $44.0K | $-461.0K | $172.0K | $0 | $0 |
| Net Income | — | $-47.7M | $-40.8M | $-62.9M | $-58.6M | $-46.8M | $-51.4M | $-41.9M |
| Net Margin | — | -10.7% | -12.2% | -23.8% | -28.7% | -30.8% | -45.8% | -56.9% |
| EPS (Basic) | — | $-0.46 | $-0.41 | $-0.67 | $-0.64 | $-0.73 | $-0.91 | $-0.76 |
| EPS (Diluted) | — | $-0.46 | $-0.41 | $-0.67 | $-0.64 | $-0.73 | $-0.91 | $-0.76 |
| Shares Outstanding (Basic) | 106.1M | 103.9M | 98.9M | 94.1M | 91.0M | 64.5M | 62.5M | 56.5M |
| Shares Outstanding (Diluted) | 106.1M | 103.9M | 98.9M | 94.1M | 91.0M | 64.5M | 62.5M | 56.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |