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Alkami Technology ALKT · USD

Information Technology · US listing · 🇺🇸 United States

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14.22

+6.04%

Close of 9 Nov 2026, in USD

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About Alkami Technology

From its filings with the US Securities and Exchange Commission

SEC filings

Alkami Technology is based in Plano, Texas and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker ALKT. The SEC classifies its business as prepackaged software. In the fiscal year to 31 December 2025, it reported revenue of $443.6m and a net loss of $47.7m. At that date it held total assets of $847.2m and shareholders' equity of $362.0m. By business, SaaS subscription services brought in 95.0% of revenue, followed by Implementation services at 2.8% and Other services at 2.1%.

In its own words

Alkami is a cloud-based digital sales and service platform provider. We inspire and empower community, regional and super-regional financial institutions (“FIs”) to compete with large, technologically advanced and well-resourced banks in the United States. Our solution, the Alkami Digital Sales & Service Platform, consisting of the Alkami Digital Banking Platform (“Platform”), Onboarding & Account Opening, and Data & Marketing, allows FIs to onboard, engage and grow new users, accelerate revenues and meaningfully improve operational efficiency, all with the support of a proprietary, true cloud-based, multi-tenant architecture. We cultivate deep relationships with our clients through long-term, subscription-based contractual arrangements, aligning our growth with our clients’ success and generating an attractive unit economic model.

We founded Alkami to help level the playing field for FIs. Since then, our vision has been to create a platform that combines premium technology and fintech solutions in one integrated ecosystem, delivered as a SaaS solution and providing our clients’ account holders, which include customers for banks and members for credit unions, with a single point of access to all things digital. We invested significant resources to build a technology stack that prioritized innovation velocity and speed-to-market given the importance of product depth and functionality in winning and retaining clients.

Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Information Technology
Industry
Software
Listed since
14 Apr 2021
Employees
1,225
Website
alkami.com ↗
Head office
5601 GRANITE PARKWAY, PLANO, TX, 75024
Incorporated in
DE
Classification
Services-Prepackaged Software
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Brian SmithIndependent Chairman of the Board$242,379
  • Mr. Alex ShootmanChief Executive Officer, Director, since 2021$7.8m
  • Mr. W. Bryan HillChief Financial Officer, Treasurer$4.9m
  • Mr. Stephen BohanonChief Strategy Officer$2.8m
  • Mr. Douglas LinebargerSecretary, Chief Legal Officer$2.2m
  • Ms. Maria AlvarezIndependent Director$214,388
  • Mr. Charles KaneIndependent Director$228,315
  • Mr. Steven MitchellIndependent Director$212,387
  • Ms. Susanna MorganIndependent Director
  • Mr. Raphael OsnossIndependent Director$224,315
  • Ms. Barbara YastineIndependent Director$218,315

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
52
Environment
56
Social
66
Governance
34
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Alkami Technology Inc is known for its cutting-edge technological innovations in the financial industry. It continuously develops and enhances its digital banking platform, providing advanced features and functionalities to its clients.
  • With a solid market presence, Alkami Technology Inc enjoys a strong position in the digital banking software market. Its solutions are widely adopted by financial institutions, enabling the company to maintain a competitive edge.

Weaknesses

  • Alkami Technology Inc's business heavily relies on the financial sector. Any downturn or instability in the industry can impact its revenue and growth prospects. Diversification into other sectors could mitigate this weakness.
  • Despite its success in the domestic market, Alkami Technology Inc has limited global reach. Expanding into international markets may pose challenges due to varying regulations and competition. A targeted global expansion strategy could address this weakness.

Opportunities

  • The increasing preference for digital banking solutions presents a significant opportunity for Alkami Technology Inc. The company can capitalize on this trend by continuously innovating and offering tailored solutions to address evolving customer needs.
  • Collaborating with financial institutions, technology companies, and industry partners can open doors to new opportunities for Alkami Technology Inc. Strategic partnerships can enhance its product offerings, expand market reach, and drive revenue growth.

Threats

  • The digital banking software market is highly competitive, with numerous players vying for market share. Alkami Technology Inc faces the threat of losing customers to competitors offering similar or better products. Differentiation strategies and continuous innovation are crucial to maintaining a competitive position.
  • The rapid pace of technological advancements poses a challenge for Alkami Technology Inc. To stay ahead, the company needs to stay updated with the latest trends and invest in research and development to ensure its solutions remain relevant in an evolving digital landscape.

Sources and methodology

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