ALKAMI TECHNOLOGY, INC. — Form 8-K
Filed October 28, 2026 · analyzed by the 8-K Agent
8-K
▲ Likely positive
significance 62/100
What the filing says
Alkami reported Q3 2026 GAAP revenue of $134.9M (+19.4% YoY), gross margin 57.5% (vs. 56.8% prior year), GAAP net loss of $6.7M (improved from $14.8M loss), and Adjusted EBITDA of $26.3M (+64% YoY). Key metrics: ARR reached $533M (+19%), registered users 24.4M (+2.8M or +13%), RPU $21.88 (+5%), RPO $1.7B. Signed 5 new digital banking clients and 14 MANTL clients in Q3; added 10 client implementations; 31 clients in implementation backlog. FY2026 guidance: revenue $530.5–$532.0M, Adjusted EBITDA $98.0–$99.0M.
Why this rating
Strong operational execution with revenue growth, margin expansion, and EBITDA profitability demonstrate scaling traction. However, at $2.4B market cap, ~$535M ARR and improving but still modest profitability represent meaningful but not transformational progress. Significant relative to company size but not business-altering.
See more from October 28, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.