Alkami Technology, Inc. - Form 8-K Filing

Alkami Technology, Inc. filed a Form 8-K on April 29, 2026, announcing its financial results for the quarter ended March 31, 2026. The company reported GAAP total revenue of $126.1 million, a 28.9% increase year-over-year, with a GAAP gross margin of 58.6%. The GAAP net loss was $(10.0) million. Adjusted EBITDA showed significant growth, reaching $22.3 million, up from $12.1 million in the prior year quarter. The company also announced a new $100 million share repurchase program authorized by its Board of Directors. Alkami provided financial guidance for the second quarter and full fiscal year 2026, projecting GAAP total revenue between $128.0-$129.0 million for Q2 and $527.1-$530.9 million for the full year. Adjusted EBITDA guidance was set at $17.9-$18.7 million for Q2 and $94.9-$97.9 million for the full year. The filing also includes details on key business metrics such as Annual Recurring Revenue (ARR), Registered Users, and Revenue per Registered User (RPU), along with comprehensive reconciliations of GAAP to non-GAAP financial measures.