Alkami Q2 Revenue Beats, Adjusted EBITDA Surges 63% on 37 New Client Wins
ALKT sits 23% above its 52-week low of $13.98.
Summary
Alkami Technology posted Q2 2026 revenue of $129.8M, exceeding expectations, while Adjusted EBITDA soared 63% YoY to $19.4M. The company raised full-year guidance and highlighted 37 new client wins, underscoring robust demand for its digital banking platform.
Key Events · Earnings and Guidance · ALKT
-
Q2 Revenue Beat, EBITDA Surge
GAAP revenue of $129.8M grew 15.9% YoY, while Adjusted EBITDA jumped 63% to $19.4M, reflecting strong operating leverage.
-
ARR Tops $511M, User Growth Accelerates
Annual recurring revenue reached $511.7M, up 21% YoY, with registered users growing 13% to 23.6M. Revenue per user rose 7% to $21.69.
-
Full-Year Guidance Raised
Management lifted FY2026 revenue guidance to $528M-$531M and Adjusted EBITDA to $96M-$98M, implying continued margin expansion.
-
37 New Client Wins, Strong Pipeline
Added 37 new digital banking logos over the last 12 months, including 15 banks, with a robust pipeline heading into the second half of 2026.
Analysis · ALKT · Technology
A slight revenue beat and a 63% surge in Adjusted EBITDA underscore Alkami's momentum, fueled by 37 new digital banking logos over the past year. The company raised its full-year outlook, signaling confidence in sustained demand for its platform. With $511.7M in ARR and a $1.7B remaining performance obligation, the subscription model offers strong forward visibility. These results land against a backdrop of heavy insider buying by General Atlantic and renewed activist interest from JANA Partners, reinforcing the bullish thesis.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ALKT was trading at $17.24 on NASDAQ in the Technology sector, with a market capitalization of approximately $2B. The 52-week trading range was $13.98 to $28.53. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.