Alkami Technology, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the Securities and Exchange Commission on October 29, 2026, reporting third-quarter revenue of $134.9 million and a narrowed net loss compared to the prior-year period.

Key Highlights

  • Revenue of $134.9 million for the three months ended September 30, 2026, up from $112.9 million in the same period of 2025, according to the filing.
  • Net loss of $6.7 million for the third quarter of 2026, compared to a net loss of $14.8 million in the third quarter of 2025, as reported in the condensed consolidated statements of operations.
  • Basic and diluted net loss per share of $0.06 for Q3 2026, versus $0.14 in Q3 2025, based on a weighted-average share count of 106,627,818.
  • Nine-month revenue of $390.9 million for the period ended September 30, 2026, compared to $322.8 million for the same period in 2025.
  • Share repurchases of $25.0 million during the nine months ended September 30, 2026, covering 1,416,195 shares, as disclosed in the stockholders' equity statement.
  • Total assets of $835.2 million and an accumulated deficit of $549.5 million as of September 30, 2026, per the balance sheet.
  • Convertible senior notes, net of $337.7 million, outstanding as of September 30, 2026, with the revolving loan balance reduced to zero from $15.0 million at December 31, 2025.

Alkami Technology's Q3 2026 Financial Results: Revenue Growth and Reduced Operating Loss

According to the 10-Q filed with NASDAQ:ALKT, Alkami Technology reported third-quarter 2026 revenues of $134,911 thousand, an increase from $112,954 thousand in the third quarter of 2025. Gross profit for the quarter was $77,579 thousand, up from $64,142 thousand a year earlier. Cost of revenues for Q3 2026 included amortization of acquired technology of $4.9 million, consistent with the same period in 2025, as noted in the filing's footnotes.

The company disclosed a loss from operations of $6,248 thousand for Q3 2026, narrowing from a loss from operations of $12,881 thousand in Q3 2025. For the nine months ended September 30, 2026, the loss from operations was $19,658 thousand, compared to $44,140 thousand for the same period in 2025. Total operating expenses for Q3 2026 were $83,827 thousand, with general and administrative expenses at $31,263 thousand and research and development at $32,598 thousand.

The balance sheet as of September 30, 2026, showed cash and cash equivalents of $50,320 thousand and marketable securities of $34,908 thousand. Goodwill remained unchanged at $403,404 thousand compared to December 31, 2025. Total stockholders' equity was $359,553 thousand as of September 30, 2026. During the nine-month period, stock-based compensation of $54,492 thousand was recorded. Common shares outstanding as of September 30, 2026, were 107,042,319, reflecting both issuances under equity plans and repurchases of 1,416,195 shares during the nine months ended September 30, 2026.

What Was Disclosed

Alkami Technology filed its quarterly report for the period ended September 30, 2026, disclosing revenue growth, a reduced net loss versus the prior year, a $25.0 million share repurchase program, elimination of the revolving loan balance, and key balance sheet figures including goodwill of $403.4 million and convertible senior notes of $337.7 million.