# ALKAMI TECHNOLOGY, INC. (ALKT) · Edgar & Edgarette company card

> Alkami Technology (ALKT) grew revenue 32.9% in FY2025 to $444 million, operating margin -12.1% against a 0.9% median for prepackaged software, equity 42.7% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1529274 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/ALKT) · [JSON](https://www.pops4.com/boards/company/ALKT.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $444M |
| Revenue growth, 1 year | 32.9% |
| Revenue growth per year | 30.7% |
| Operating margin | -12.1% (prior year -13.4%) |
| Net margin | -10.7% |
| Operating cash flow | $43M |
| Capital spending | $2M |
| Free cash flow | $41M |
| Cash | $63M |
| Long-term debt | — |
| Total assets | $847M |
| Total equity | $362M |
| Equity ÷ assets | 42.7% |
| Return on equity | -13.2% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -0.9 (distress zone)
- Piotroski F: 4 of 9 (middling)
- Beneish M: -2.55 (below the −1.78 line)
- Health Harbor boat: Sound ship · one warning sign · operating loss: a margin of -12.1% in FY2025
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $443.6M (FY2025). Experience: revenue up 32.9% on the year, up 30.7% a year over 4 years; operating margin -12.1%, up from -13.4%. Soundness: equity 42.7% of assets, return on equity -13.2%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $504.2M and $644.7M next year (method v4.1: its own 4-year record of growth weighed at 50% against $100M–1B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $473.8M to $687.8M. A statistical range, not company guidance. Against peers (140 filers, $50M+ revenue, services-prepackaged software): operating margin -12.1% against a 0.9% median; growth 32.9% against 13.0%.

Range logged 2026-09-27, receipt 3ade617f97925961, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-10-07 ([filing](https://www.sec.gov/Archives/edgar/data/1529274/000152927426000056/0001529274-26-000056-index.htm))

## Recent filings

- 10-Q · filed 2026-10-29 · [filing](https://www.sec.gov/Archives/edgar/data/1529274/000152927426000062/0001529274-26-000062-index.htm)
- 8-K · filed 2026-10-28 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1529274/000152927426000060/0001529274-26-000060-index.htm)
- 8-K · filed 2026-10-07 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/1529274/000152927426000056/0001529274-26-000056-index.htm)
- 10-Q · filed 2026-07-30 · [filing](https://www.sec.gov/Archives/edgar/data/1529274/000152927426000052/0001529274-26-000052-index.htm)
- 8-K · filed 2026-07-29 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1529274/000152927426000049/0001529274-26-000049-index.htm)
- 8-K · filed 2026-05-20 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/1529274/000152927426000043/0001529274-26-000043-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001529274.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1529274

## Cite

POPS4, Edgar & Edgarette: ALKAMI TECHNOLOGY, INC. (ALKT) company card, from the company's own SEC filings, accessed 2026-11-12, https://www.pops4.com/boards/company/ALKT. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.