ALKAMI TECHNOLOGY, INC.

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.

Alkami Technology, Inc. announced strong second quarter 2026 financial results, with GAAP total revenue increasing by 15.9% to $129.8 million and Adjusted EBITDA rising significantly to $19.4 million. The company also reported an improved GAAP net loss of $(8.9) million. Key operational metrics showed continued growth, with Annual Recurring Revenue (ARR) up 21% to $511.7 million and Registered Users increasing by 13% to 23.6 million. Alkami provided optimistic guidance for both the third quarter and the full fiscal year 2026, anticipating continued revenue and Adjusted EBITDA expansion.

Alkami Technology, Inc. entered into a Fifth Amendment to its Amended and Restated Credit Agreement on May 1, 2026. This amendment permits the company to use up to $100,000,000 of its cash to repurchase its common stock. The stock repurchase program is anticipated to continue through the Revolving Termination Date, unless otherwise adjusted by the company's board of directors.

ALKAMI TECHNOLOGY, INC. reported a 28.9% increase in Q1 2026 revenues, reaching $126.1 million, compared to $97.8 million in Q1 2025. The company significantly reduced its loss from operations by 62.9% to $5.7 million. Despite this operational improvement, net loss increased to $9.96 million from $7.82 million in the prior year, primarily due to a shift from an income tax benefit to a provision and higher interest expense. The company also fully repaid its $15 million revolving loan during the quarter.