Alkami Technology Inc.: Mixed — EPS -$0.06, Revenue $134.91M
Mixed ResultQ3 2026 · After-market
Did Alkami Technology Inc. (ALKT) beat earnings today?
It was a mixed report for Q3 2026 — Alkami Technology Inc. (ALKT) beat on EPS but missed on revenue.
Earnings Per Share-50.00% surprise
-$0.06Actual
Expected: -$0.04
vs. year ago +57.1%
Total Revenue+1.03% surprise
$134.91MActual
Expected: $133.54M
vs. year ago +19.4%
Released Oct 28 · 4:05 PM ET
Earning Report
| Metric | Q3 2026 | Q3 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $134.91M | $112.95M | +19.4% |
| Net Loss | $(6.745)M | $(14.804)M | - |
| GAAP Basic EPS | $(0.06) | $(0.14) | - |
| GAAP Diluted EPS | $(0.06) | $(0.14) | - |
Financial Outlook / Guidance
| Metric | Q4 2026 Outlook | FY 2026 Outlook |
|---|---|---|
| GAAP total revenue | $139.7M-$141.2M | $530.5M-$532.0M |
| Adjusted EBITDA | $30.0M-$31.0M | $98.0M-$99.0M |
Business Highlights
- ➤Implemented an additional 10 clients during the third quarter.
- ➤Continued driving AI product adoption and operational improvements.
- ➤Added 2.8 million registered users to the digital banking platform over 12 months.
- ➤Digital banking platform ended the quarter with 24.4 million users.
- ➤Unified Platform integrates onboarding, digital banking, data and marketing.
- ➤Platform supports U.S. banks and credit unions in Anticipatory Banking.
Management Commentary
Alex Shootman, Chief Executive Officer
“We are pleased to report strong third-quarter financial performance, with revenue growth of 19% and Adjusted EBITDA of $26 million, both ahead of expectations. We continue to see growing demand for modern digital solutions among financial institutions seeking to remain competitive with megabanks and fintechs. We also continued to drive AI product adoption and operational improvements while implementing an additional 10 clients in the third quarter.”
Cassandra Hudson, Chief Financial Officer
“In the last 12 months, we added 2.8 million registered users to our digital banking platform, ending the quarter with 24.4 million digital banking users. We exited the third quarter with annual recurring revenue of $533 million, up 19% compared to the year-ago quarter and revenue per registered user of $21.88, up 5% compared to the year-ago quarter. Our third quarter adjusted EBITDA margin of 19.5% was above expectations, and reflected more than 530 basis points of expansion compared to the year-ago quarter.”