Quarterly ResultJul 30, 2026, 08:13 AM
Alkami Q2 Revenue +15.9% to $129.8M; Net Loss Narrows; $15M Buyback
AI Summary
Alkami Technology, Inc. reported a strong second quarter for 2026, with revenue increasing by 15.9% year-over-year to $129.8 million. The company's net loss narrowed significantly to $8.9 million, an improvement from $13.6 million in the same period last year. For the first six months of 2026, revenue grew 22.0% to $256.0 million, and net cash provided by operating activities turned positive at $17.2 million. Additionally, Alkami initiated a $100 million stock repurchase program, buying back $15 million in Q2.
Key Highlights
- Q2 2026 revenue increased 15.9% year-over-year to $129.8 million.
- Q2 2026 net loss narrowed to $(8.9) million from $(13.6) million in Q2 2025.
- H1 2026 revenue grew 22.0% year-over-year to $256.0 million.
- H1 2026 net cash provided by operating activities was $17.2 million.
- Company repurchased $15 million of common stock in Q2 2026.
- $85 million remains available under the stock repurchase program.
- Remaining performance obligation totaled approximately $1.7 billion.
- Revolving loan of $15 million was fully repaid, with no outstanding balance.
Price Impact
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