Alkami Technology Exceeds Q2 Revenue Estimates, Announces Q3 Forecast

Alkami Technology reported Q2 revenue of $112.1M, beating FactSet's estimate of $110M. The company expects Q3 revenue to be between $112.5M and $114M. Alkami also announced the launch of its Hubspot integration with Primeway Federal Credit Union and partnerships with other financial institutions.

Alkami Technology (Nasdaq: ALKT), a leading cloud-based digital banking solutions provider, reported its second-quarter 2025 financial results, exceeding market expectations. The company achieved total revenue of $112.1 million, a 36.4% year-over-year increase, surpassing FactSet's estimate of $110 million. Alkami's non-GAAP gross margin stood at 65.1%, with a GAAP net loss of $(13.6) million. The company's Adjusted EBITDA reached $11.9 million, up significantly from $4.6 million in the year-ago quarter [1].

Alkami Technology's platform now serves 20.9 million users, an increase of 2.3 million users year-over-year. Annual recurring revenue (ARR) reached $424 million, up 32%, with revenue per registered user increasing 17% to $20.28. The company expects Q3 2025 revenue to be between $112.5 million and $114.0 million, and full-year 2025 revenue to range from $443.0 million to $447.0 million [2].

In addition to its strong financial performance, Alkami Technology announced strategic partnerships and integrations. The company launched its Hubspot integration with Primeway Federal Credit Union and has formed partnerships with other financial institutions. These moves underscore Alkami's commitment to digital transformation and its ability to attract and retain clients in the competitive financial services industry.

References:
[1] https://www.stocktitan.net/news/ALKT/alkami-announces-second-quarter-2025-financial-vyy1e653uuv8.html
[2] https://finance.yahoo.com/news/alkami-announces-second-quarter-2025-200500800.html