Alkami Technology Reports Q3 2026 Earnings Beat and Raises Full-Year Guidance
Alkami Technology (ALKT) reported third-quarter financial results that exceeded management's previous guidance, highlighted by revenue of $134.9 million—a 19.4% year-over-year increase. The company saw significant growth in its Annual Recurring Revenue (ARR), which reached $533 million, and expanded its adjusted EBITDA to $26.3 million due to strong operating leverage and revenue outperformance. The digital banking platform now supports 24.4 million registered users, reflecting steady adoption across the regional and community banking sectors. While gross margins saw a slight compression to 63.1% due to shifts in product mix toward higher-cost third-party solutions, the company's overall profitability improved, evidenced by an adjusted EBITDA margin expansion of over 530 basis points. Looking ahead, Alkami raised its full-year revenue guidance to a range of $530.5 million to $532.0 million. Despite noting that speculation regarding future ownership has created some uncertainty for new logo acquisition, the company maintains strong long-term visibility with Remaining Performance Obligations (RPO) of approximately $1.7 billion.
Tickers: $ALKT
Topics: Adjusted EBITDA Annual Recurring Revenue Digital Banking Revenue Growth User Growth