Alkami announces first quarter 2025 financial results

Plano, texas , april 30, 2025 /prnewswire/ -- alkami technology, inc. (nasdaq: alkt) ("alkami" or "the company"), a leading cloud-based digital banking solutions provider for financial institutions (fis) in the u.s., today announced results for its first quarter ending march 31, 2025. first quarter 2025 financial highlights gaap total revenue of $97.8 million, an increase of 28.5% compared to the year-ago quarter; gaap gross margin of 59.0%, compared to 57.8% in the year-ago quarter; non-gaap gross margin of 64.3%, compared to 61.7% in the year-ago quarter; gaap net loss of $(7.8) million, compared to $(11.4) million in the year-ago quarter; and adjusted ebitda of $12.1 million, compared to $3.8 million in the year-ago quarter.
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