Alkami Q2 Revenue Beats, EBITDA Jumps 63% on Client Growth
ALKT sits 22% above its 52-week low of $13.98.
Summary
Alkami delivered a slight Q2 revenue beat at $129.8M, with adjusted EBITDA surging 63% YoY to $19.4M, driven by 37 new client wins and a 21% jump in annual recurring revenue. The company guided Q3 revenue to $132.7M–$134.2M and full-year to $528M–$531M, signaling sustained momentum. This follows a series of insider buys by General Atlantic and JANA Partners re-establishing a stake, underscoring institutional conviction. With 23.6M users and rising revenue per user, the platform is deepening engagement. The stock trades at 19x forward earnings, with a median analyst target of $21.50.
At the time of this announcement, ALKT was trading at $17.05 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 news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.