---
schema_version: "secwatch.filing_event.v1"
accession: "0001529274-24-000093"
form_type: "8-K"
ticker: "ALKT"
cik: "0001529274"
company_name: "ALKAMI TECHNOLOGY, INC."
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T02:46:16.310770+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alkami Q1 revenue $76.1M (+26.9% YoY); Adjusted EBITDA turns positive at $3.8M

## Summary
- GAAP revenue $76.1M, up 26.9% YoY; GAAP net loss improved to $(11.4)M from $(17.0)M.
- Adjusted EBITDA $3.8M vs $(2.9)M loss in prior year; non-GAAP gross margin 61.7% (+360 bps).
- Annual Recurring Revenue $303M (+26.1% YoY); live registered users 18.1M (+20% YoY).
- Largest client (top 10 credit union) renewed; total contract value more than doubled, extended 5 years.
- Provided 2024 financial outlook; hosted record user conference with 800+ attendees from 220 FIs.

## SEC filing metadata
- accession: 0001529274-24-000093
- form_type: 8-K
- ticker: ALKT
- cik: 0001529274
- company_name: ALKAMI TECHNOLOGY, INC.
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529274/000152927424000093/0001529274-24-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529274/000152927424000093/alk-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001529274-24-000093
- JSON: https://secwatch.observer/filing/0001529274-24-000093.json
- Plain text: https://secwatch.observer/filing/0001529274-24-000093.txt

## Key facts
- Earnings Releases
  ALKAMI TECHNOLOGY, INC. reported first quarter ending March 31, 2024 results: revenue $76.1 million, net income $(11.4) million.
  - Period: first quarter ending March 31, 2024
  - Revenue: $76.1 million
  - Net income: $(11.4) million
  - Result: reported results
  source text: Alkami Announces First Quarter 2024 Financial Results PLANO, Texas, May 1, 2024 (GLOBE NEWSWIRE) -- Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a leading cloud-based digital banking solutions provider for financial institutions in the U.S., today announced results for its first quarter ending March 31, 2024. First Quarter 2024 Financial Highlights • GAAP total revenue of $76.1 million, an increase of 26.9% compared to the year-ago quarter; • GAAP gross margin of 57.8%, compared to 53.6% in the year-ago quarter; • Non-GAAP gross margin of 61.7%, compared to 58.1% in the year-ago quarter; • GAAP net loss of $(11.4) million, compared to $(17.0) million in the year-ago quarter; and • Adjusted EBITDA of $3.8 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1529274/000152927424000093/0001529274-24-000093-index.htm

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