Alkami Technology Reports Third Quarter 2026 Results with Revenue Growth and EBITDA Expansion
Alkami Technology (Nasdaq: ALKT) reported strong third-quarter 2026 financial results, highlighted by a 19.4% year-over-year increase in GAAP total revenue to $134.9 million. The company demonstrated significant operational efficiency, with Adjusted EBITDA rising to $26.3 million from $16.0 million in the prior-year quarter, representing an expansion of over 530 basis points in its adjusted EBITDA margin. The digital banking platform provider added 10 new clients during the quarter and reached a total of 24.4 million registered users. Annual recurring revenue (ARR) grew 19% to $533 million. Management attributed the performance to high demand for modern digital solutions among financial institutions looking to compete with larger banks and fintechs, alongside increased adoption of AI-driven products.
Tickers: $ALKT
Topics: digital banking EBITDA financial results revenue growth