Alkami (ALKT) Revenue & Revenue Breakdown
Alkami Revenue Highlights
Latest Revenue (Y)
$264.83M
Latest Revenue (Q)
$82.16M
Main Segment (Y)
SaaS Subscription Services
Alkami Revenue by Period
Alkami Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $264.83M | 29.65% |
| 2022-12-31 | $204.27M | 34.25% |
| 2021-12-31 | $152.16M | 35.68% |
| 2020-12-31 | $112.14M | 52.49% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $82.16M | 7.92% |
| 2024-03-31 | $76.13M | 6.67% |
| 2023-12-31 | $71.37M | 5.41% |
| 2023-09-30 | $67.70M | 2.95% |
| 2023-06-30 | $65.76M | 9.61% |
| 2023-03-31 | $60.00M | 8.03% |
| 2022-12-31 | $55.54M | 3.98% |
| 2022-09-30 | $53.41M | 5.70% |
| 2022-06-30 | $50.53M | 12.82% |
| 2022-03-31 | $44.79M | 5.55% |
| 2021-12-31 | $42.44M | 6.73% |
| 2021-09-30 | $39.76M | 8.34% |
| 2021-06-30 | $36.70M | 10.34% |
| 2021-03-31 | $33.26M | -0.19% |
| 2020-12-31 | $33.33M | 15.15% |
| 2020-09-30 | $28.94M | 8.53% |
| 2020-06-30 | $26.67M | 14.89% |
| 2020-03-31 | $23.21M | -45.30% |
| 2001-12-31 | $42.44M | -20.55% |
| 2001-09-30 | $53.41M | 5.70% |
| 2001-06-30 | $50.53M | - |
Alkami generated $82.16M in revenue during Q2 2024, up 7.92% compared to the previous quarter, and up 136.94% compared to the same period a year ago.
Alkami Revenue Breakdown
Alkami Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 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/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Service, Other | $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 |
| Implementation Services | $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 |
| SaaS Subscription Services | $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 |
Alkami's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: SaaS Subscription Services (95.39%), Implementation Services (2.57%), and Service, Other (2.04%).
Alkami Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PCTY | Paylocity | $1.40B | $401.28M |
| BLKB | Blackbaud | $1.11B | $287.29M |
| PWSC | PowerSchool | $697.65M | $191.59M |
| PYCR | Paycor HCM | $654.95M | $187.02M |
| WK | Workiva | $630.04M | $177.50M |
| BL | BlackLine | $590.00M | $160.51M |
| ADEA | Adeia | $388.79M | $87.35M |
| CWAN | Clearwater Analytics | $368.17M | $106.79M |
| MLNK | MeridianLink | $303.62M | $78.68M |
| ALKT | Alkami | $264.83M | $82.16M |
| AGYS | Agilysys | $237.46M | $63.51M |
| ENFN | Enfusion | $174.53M | $49.45M |
| ASUR | Asure Software | $119.08M | $28.04M |
| AMSWA | American Software | $102.52M | $26.19M |
| CCRD | CoreCard | $56.00M | $13.80M |
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 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). The company'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). ALKT's quarterly revenue for Q4 2023 was $71.37M, a 5.41% increase from the previous quarter (Q3 2023), and a 28.50% increase year-over-year (Q4 2022).
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.