Alkami Technology, Inc. Q2 2026 Financial Results

Alkami Technology, Inc. reported its financial results for the second quarter ended June 30, 2026. The company announced a GAAP total revenue of $129.8 million, a 15.9% increase year-over-year. GAAP gross margin was 56.8%, with a non-GAAP gross margin of 63.0%. The net loss for the quarter was $(8.9) million, an improvement from $(13.6) million in the prior year quarter. Adjusted EBITDA was $19.4 million, up from $11.9 million in Q2 2025. The company added 2.7 million registered users, bringing the total to 23.6 million. Annual Recurring Revenue (ARR) reached $511.7 million, a 21% increase year-over-year. Alkami provided a financial outlook for Q3 2026 and the full fiscal year 2026, projecting GAAP total revenue between $132.7-$134.2 million for Q3 and $528.0-$531.0 million for the full year. Adjusted EBITDA is projected to be between $23.5-$24.3 million for Q3 and $96.0-$98.0 million for the full year.