Why Did Alkami Technology Plunge 10.67%? Earnings Miss Stuns Investors

On July 31, 2025, Alkami Technology's stock price plummeted by 10.67% in pre-market trading, marking a significant decline for the company.

Alkami Technology's second-quarter earnings report for 2025 revealed a substantial miss in earnings per share (EPS), falling short of forecasts by 262.5%. Despite this, the company's revenue showed a robust 36% year-over-year increase, indicating strong financial performance in other areas.

The earnings miss was primarily due to an EPS of -$0.13, which was far below the consensus estimate of $0.08. This negative surprise contributed to the stock's decline, as investors reacted to the unexpected shortfall in earnings.

Despite the earnings miss, Alkami Technology reported a significant increase in revenue for the second quarter of 2025, reaching $112.1 million. This 36.4% rise compared to the same period last year was driven in part by the acquisition of MANTL, which added 23 new clients to Alkami's portfolio.