---
schema_version: "secwatch.filing_event.v1"
accession: "0001529274-21-000082"
form_type: "8-K"
ticker: "ALKT"
cik: "0001529274"
company_name: "ALKAMI TECHNOLOGY, INC."
filed_at: "2021-11-04T23:59:59+00:00"
generated_at: "2026-06-28T12:55:00.340632+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Alkami Q3 revenue $39.8M (+37% YoY); appoints Alex Shootman as CEO

## Summary
- GAAP revenue $39.8M (+37% YoY); GAAP net loss ($11.2M) improved from ($21.3M) YoY.
- Non-GAAP gross margin 57.9% (+520 bps YoY); added 675k digital banking users to 11.4M total.
- Adjusted EBITDA loss ($6.1M) vs ($5.4M) prior year; annual recurring revenue $155M.
- Alex Shootman appointed CEO effective Nov 5; replaces Mike Hansen who remains advisor and on board.
- Shootman previously CEO of Workfront; receives 1M RSUs, $450k base salary, 100% target bonus.

## SEC filing metadata
- accession: 0001529274-21-000082
- form_type: 8-K
- ticker: ALKT
- cik: 0001529274
- company_name: ALKAMI TECHNOLOGY, INC.
- filed_at: 2021-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529274/000152927421000082/0001529274-21-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529274/000152927421000082/alk-20211104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001529274-21-000082
- JSON: https://secwatch.observer/filing/0001529274-21-000082.json
- Plain text: https://secwatch.observer/filing/0001529274-21-000082.txt

## Key facts
- Executive change
  Alex Shootman was appointed as Class II Director at ALKAMI TECHNOLOGY, INC..
  - Action: appointed
  - Role: Class II Director
  source text: appointed Mr. Shootman as a Class II director to fill the resulting vacancy
  evidence_url: https://www.sec.gov/Archives/edgar/data/1529274/000152927421000082/0001529274-21-000082-index.htm
- Executive change
  Alex Shootman was appointed as Chief Executive Officer at ALKAMI TECHNOLOGY, INC..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: appointed Alex Shootman as Chief Executive Officer of the Company, effective November 5, 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1529274/000152927421000082/0001529274-21-000082-index.htm
- Executive change
  Michael Hansen changed role as Advisor to the Board at ALKAMI TECHNOLOGY, INC..
  - Action: transitioned
  - Role: Advisor to the Board
  source text: Mr. Hansen will transition to the role of Advisor to the Board and remain employed by the Company through December 17, 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1529274/000152927421000082/0001529274-21-000082-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.