Filing Flows › Alkami Technology (ALKT) › Q3 2026 › vs Q3 2025
Alkami Technology (ALKT) Q3 2026 vs Q3 2025 (year over year)
Alkami Technology's revenue rose $22.0M (+19%) from $113M in Q3 2025 to $135M in Q3 2026. The biggest changes: SaaS subscription services +$21.2M (+20%); Other services +$541K (+34%); Implementation services +$197K (+6%).
Alkami Technology, Q3 2026: revenue $135M (+19% year over year), operating margin -4.6%, net loss $6.7M, operating cash flow $21.9M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 15.9% | 27.0% | -11.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| SaaS subscription services | $129M | $108M | $21.2M | +20% |
| Implementation services | $3.7M | $3.5M | $197K | +6% |
| Other services | $2.1M | $1.6M | $541K | +34% |
| Revenue | $135M | $113M | $22.0M | +19% |
| Income tax benefit | $967K | $29K | $938K | 33× |
| Net loss | $6.7M | $14.8M | −$8.1M | -54% |
| Costs & expenses | $143M | $128M | $14.8M | +12% |
| Operating costs | $141M | $126M | $15.3M | +12% |
| Interest & other, net | $1.5M | $2.0M | −$488K | -25% |
| Cost of revenue | $57.3M | $48.8M | $8.5M | +17% |
| Research & development | $32.6M | $30.1M | $2.5M | +8% |
| Sales & marketing | $18.3M | $19.3M | −$1.1M | -6% |
| General & admin | $31.3M | $25.9M | $5.4M | +21% |
| Other operating costs | $1.7M | $1.7M | $0 | 0% |
| Operating cash sources | $28.7M | $45.6M | −$17.0M | -37% |
| Depreciation & amortization | $8.3M | $7.9M | $441K | +6% |
| Share-based compensation | $19.2M | $20.7M | −$1.5M | -7% |
| Working capital & other | $1.1M | $17.0M | −$15.9M | -93% |
| Net loss absorbed | $6.7M | $14.8M | −$8.1M | -54% |
| Operating cash flow | $21.9M | $30.8M | −$8.9M | -29% |
| Free cash flow (OCF − capex) | $21.4M | $30.5M | −$9.1M | -30% |
| Capital expenditures | $504K | $274K | $230K | +84% |
Questions
How much did Alkami Technology's revenue grow year over year in Q3 2026?
Alkami Technology's revenue rose $22.0M (+19%) from $113M in Q3 2025 to $135M in Q3 2026.
What drove Alkami Technology's revenue change in Q3 2026?
SaaS subscription services +$21.2M (+20%); Other services +$541K (+34%); Implementation services +$197K (+6%).