earnings
confidence high
sentiment positive
materiality 0.75
Alkami Q3 revenue $85.9M (+27% YoY); adjusted EBITDA turns positive at $8.3M
ALKAMI TECHNOLOGY, INC.
2024-Q3 EPS reported
-$0.34
revenue$244,193,000
- Revenue $85.9M (+26.9% YoY); subscription revenue grew 27%.
- GAAP net loss $(9.4)M vs $(15.5)M YoY; adjusted EBITDA $8.3M vs $0.8M.
- GAAP gross margin 58.9% (up from 54%); non-GAAP 62.8% (up from 58.7%).
- Live registered users 19.5M (+2.6M YoY); signed 9 new clients (6 CUs, 3 banks).
- Reaffirmed 2026 targets: non-GAAP gross margin 65%, adjusted EBITDA margin 20%.