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How ALKAMI TECHNOLOGY, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$444M · 100%Cost of revenue$187M · 42%Gross profit$257M · 58%Operating income−$53.6M · −12%Income before tax−$59M · −13%Income tax−$11.3M · −3%Net income−$47.7M · −11%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$444M100%
  • 10-K · FY 2025Filing detailsAccession 0001529274-26-000009 · filed Feb 26, 2026
Cost of revenue$187M42%
  • 10-K · FY 2025Filing detailsAccession 0001529274-26-000009 · filed Feb 26, 2026
$257M58%
  • 10-K · FY 2025Filing detailsAccession 0001529274-26-000009 · filed Feb 26, 2026
−$53.6M−12%
  • 10-K · FY 2025Filing detailsAccession 0001529274-26-000009 · filed Feb 26, 2026
Income before tax−$59M−13%
  • 10-K · FY 2025Filing detailsAccession 0001529274-26-000009 · filed Feb 26, 2026
Income tax−$11.3M−3%
  • 10-K · FY 2025Filing detailsAccession 0001529274-26-000009 · filed Feb 26, 2026
−$47.7M−11%
  • 10-K · FY 2025Filing detailsAccession 0001529274-26-000009 · filed Feb 26, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001529274-26-000009 · filed Feb 26, 2026
· event Dec 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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