10-Q quarterly report · filed Jul 30, 2026

ALKAMI TECHNOLOGY, INC. (ALKT) Q2 2026 10-Q Quarterly Report

Short answer

ALKAMI TECHNOLOGY, INC. (ALKT) filed its Q2 2026 10-Q quarterly report on Jul 30, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $256M (up 128.4% year over year) with net income of −$19M.

Q2 2026 key financials · XBRL

Revenue
$256M
+128.4% YoY
Net income
−$19M
−38.8% YoY
Operating margin
-5.2%
Gross margin
57.7%
EPS (diluted)
−$0.18
−38.5% YoY

Source: XBRL data from the ALKAMI TECHNOLOGY, INC. (ALKT) Q2 2026 10-Q on SEC EDGAR. USD.

ALKAMI TECHNOLOGY, INC. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Q2 revenue $129.8M, up 15.9% YoY from $112.1M
  • Gross margin 56.8% vs 58.6% YoY
  • SaaS subscriptions $123.0M vs $105.9M, strongest revenue category
  • Net loss $8.9M vs $13.6M; adjusted EBITDA $19.4M vs $11.9M
  • Continued investment in sales, marketing, product development and client support; no updated guidance disclosed

Risk Factors

  • New shareholder-value risk triggered by April 23, 2026 authorization for $100.0 million stock repurchases
  • Liquidity risk from $15 million repurchases potentially reducing funds for growth, working capital, and acquisitions
  • Market risk from repurchases increasing trading volatility or depressing shares if purchases exceed subsequent market prices
  • Insider-selling risk from Brian Smith’s Rule 10b5-1 plan covering up to 3,276,000 shares through March 1, 2027
  • Regulatory disclosure risk from inadvertent omission of Smith’s trading arrangement in the 2025 Form 10-K

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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