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How Alkami Technology (ALKT) makes money

Alkami Technology (ALKT) made $135M of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. SaaS subscription services brought in $129M (96%); Implementation services brought in $3.7M (3%); Other services brought in $2.1M (2%).

Drawing the Sankey…

Alkami Technology revenue by segment, Q3 2026Alkami Technology revenue by segment, Q3 2026SaaS subscription services$129MImplementation services$3.7MOther services$2.1M
Alkami Technology: revenue by line, Q4 2024 to Q3 2026Alkami Technology: revenue by line, Q4 2024 to Q3 2026SaaS subscription ser…Implementation servic…Other servicesSaaS subscription services: $129M latest$129MImplementation services: $3.7M latestOther services: $2.1M latestQ4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q2 2026Q3 2026
The mix barely moved between Q4 2024 and Q3 2026.
Alkami Technology revenue by quarterAlkami Technology revenue by quarter$89.7MQ4 2024$97.8MQ1 2025$112MQ2 2025$113MQ3 2025$121MQ4 2025$130MQ2 2026$135MQ3 2026
Alkami Technology: where each dollar of revenue goesAlkami Technology: where each dollar of revenue goesOperating cash flow16¢Free cash flow16¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
SaaS subscription services$129M95.7%+5%+20%
Implementation services$3.7M2.7%+11%+6%
Other services$2.1M1.6%-40%+34%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$135M100.0%
Operating cash flow$21.9M16.2%
Free cash flow$21.4M15.9%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$135M+19%
Q2 2026$130M+16%
Q4 2025$121M+35%
Q3 2025$113M+32%
Q2 2025$112M+36%
Q1 2025$97.8M+28%
Q4 2024$89.7M+26%

From Alkami Technology's 10-Q filed Oct 29, 2026 (on EDGAR).

Questions

How does Alkami Technology make money?

Alkami Technology (ALKT) made $135M of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. SaaS subscription services brought in $129M (96%); Implementation services brought in $3.7M (3%); Other services brought in $2.1M (2%).

What is Alkami Technology's biggest business?

SaaS subscription services: $129M in the third quarter 2026, 96% of revenue, +20% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.