Alkami (ALKT) Revenue & Revenue Breakdown


OverviewForecastOwnershipFinancialsChartTranscripts

Alkami Revenue Highlights


Latest Revenue (Y)

$264.83M

Latest Revenue (Q)

$85.91M

Main Segment (Y)

SaaS Subscription Services

Alkami Revenue by Period


Alkami Revenue by Year

DateRevenueChange
2023-12-31$264.83M29.65%
2022-12-31$204.27M34.25%
2021-12-31$152.16M35.68%
2020-12-31$112.14M52.49%
2019-12-31$73.54M-

Alkami generated $264.83M in revenue during NA 2023, up 29.65% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Alkami Revenue by Quarter

DateRevenueChange
2024-09-30$85.91M4.56%
2024-06-30$82.16M7.92%
2024-03-31$76.13M6.67%
2023-12-31$71.37M5.41%
2023-09-30$67.70M2.95%
2023-06-30$65.76M9.61%
2023-03-31$60.00M8.03%
2022-12-31$55.54M3.98%
2022-09-30$53.41M5.70%
2022-06-30$50.53M12.82%
2022-03-31$44.79M5.55%
2021-12-31$42.44M6.73%
2021-09-30$39.76M8.34%
2021-06-30$36.70M10.34%
2021-03-31$33.26M-0.19%
2020-12-31$33.33M15.15%
2020-09-30$28.94M8.53%
2020-06-30$26.67M14.89%
2020-03-31$23.21M-45.30%
2001-12-31$42.44M-20.55%
2001-09-30$53.41M5.70%
2001-06-30$50.53M-

Alkami generated $85.91M in revenue during Q3 2024, up 4.56% compared to the previous quarter, and up 130.63% compared to the same period a year ago.

Alkami Revenue Breakdown


Alkami Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Implementation Services$8.49M$6.94M$6.29M
SaaS Subscription Services$252.35M$194.39M$143.57M
Service, Other$4.00M$2.94M$2.29M

Alkami's latest annual revenue breakdown by segment (product or service), as of Dec 23: SaaS Subscription Services (95.29%), Implementation Services (3.21%), and Service, Other (1.51%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
SaaS Subscription Services$82.05M$78.37M$73.01M$68.90M$64.76M$61.17M$57.52M$53.10M$50.70M$47.78M$42.81M$39.99M$37.49M$34.60M$31.57M
Implementation Services$1.83M$2.11M$1.85M$1.53M$2.08M$3.21M$1.67M$1.44M$1.92M$2.00M$1.58M$1.69M$1.59M$1.64M$1.30M
Service, Other$2.02M$1.68M$1.27M$940.00K$868.00K$1.38M$807.00K$1.00M$793.00K$745.00K$404.00K$755.00K$684.00K$461.00K$393.00K

Alkami's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: SaaS Subscription Services (95.52%), Service, Other (2.35%), and Implementation Services (2.13%).

Alkami Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
PCTYPaylocity$1.40B$362.96M
BLKBBlackbaud$1.11B$286.73M
PYCRPaycor HCM$654.95M$167.48M
WKWorkiva$630.04M$177.50M
BLBlackLine$590.00M$165.91M
ADEAAdeia$388.79M$86.10M
CWANClearwater Analytics$368.17M$115.83M
MLNKMeridianLink$303.62M$80.37M
ALKTAlkami$264.83M$85.91M
AGYSAgilysys$237.46M$68.28M
ENFNEnfusion$174.53M$51.17M
ASURAsure Software$119.08M$29.30M
CCRDCoreCard$56.00M$15.70M

ALKT Revenue FAQ


What is Alkami’s yearly revenue?

Alkami's yearly revenue for 2023 was $264.83M, representing an increase of 29.65% compared to 2022. The company's yearly revenue for 2022 was $204.27M, representing an increase of 34.25% compared to 2021. ALKT's yearly revenue for 2021 was $152.16M, representing an increase of 35.68% compared to 2020.

What is Alkami’s quarterly revenue?

Alkami's quarterly revenue for Q3 2024 was $85.91M, a 4.56% increase from the previous quarter (Q2 2024), and a 26.89% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $82.16M, a 7.92% increase from the previous quarter (Q1 2024), and a 24.93% increase year-over-year (Q2 2023). ALKT's quarterly revenue for Q1 2024 was $76.13M, a 6.67% increase from the previous quarter (Q4 2023), and a 26.89% increase year-over-year (Q1 2023).

What is Alkami’s revenue growth rate?

Alkami's revenue growth rate for the last 3 years (2021-2023) was 74.05%, and for the last 5 years (2019-2023) was 260.11%.

What are Alkami’s revenue streams?

Alkami's revenue streams in c 23 are Implementation Services, SaaS Subscription Services, and Service, Other. Implementation Services generated $8.49M in revenue, accounting 3.21% of the company's total revenue, up 22.29% year-over-year. SaaS Subscription Services generated $252.35M in revenue, accounting 95.29% of the company's total revenue, up 29.82% year-over-year. Service, Other generated $4M in revenue, accounting 1.51% of the company's total revenue, up 35.79% year-over-year.

What is Alkami’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Alkami was SaaS Subscription Services. This segment made a revenue of $252.35M, representing 95.29% of the company's total revenue.