Alkami Technology (ALKT) Cost of Revenue (2020 - 2026)

Alkami Technology (ALKT) recorded quarterly Cost of Revenue of $20.0 million in Q1 2026, up 136.16% quarter-over-quarter from -$55.2 million in Q4 2025, and down 50.21% on a YoY basis from $40.1 million in Q1 2025.

Alkami Technology (ALKT) Cost of Revenue (2020 - 2026) Analysis & Trends

Alkami Technology's Cost of Revenue history runs 7 years deep, the most recent figure standing at $20.0 million for Q1 2026.

  • In Q1 2026, Cost of Revenue fell 50.21% year-over-year to $20.0 million; the TTM figure through Mar 2026 stood at $36.6 million (down 81.78% YoY), while the FY2025 annual figure was $80.1 million, down 41.6% from the prior year.
  • Cost of Revenue was $20.0 million for Q1 2026 at Alkami Technology, up from -$55.2 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $92.0 million in Q4 2024 to a low of -$55.2 million in Q4 2025.
  • Historically, Cost of Revenue has averaged $28.6 million across 5 years, with a median of $23.0 million in 2025.
  • The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 978.59% in 2022, then sank 159.98% in 2025.
  • A 5-year view of Cost of Revenue shows it stood at $68.1 million in 2022, then grew by 23.34% to $84.0 million in 2023, then advanced by 9.5% to $92.0 million in 2024, then tumbled by 159.98% to -$55.2 million in 2025, then jumped by 136.16% to $20.0 million in 2026.
  • The last three Cost of Revenue figures came in at $20.0 million (Q1 2026), -$55.2 million (Q4 2025), and $48.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - 55.33 Mn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 1.33 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 1.62 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 3.77 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 211.49 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 940.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 3.07 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 715.00 Mn
10 Alkami Technology 1.66 Bn 1.61 Bn 73.87 Mn 19.96 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.96 Mn
Mar 31, 2026 19.96 Mn
Dec 31, 2025 -55.19 Mn
Dec 31, 2025 -55.19 Mn
Sep 30, 2025 48.81 Mn
Sep 30, 2025 48.81 Mn
Jun 30, 2025 22.99 Mn
Jun 30, 2025 22.99 Mn
Mar 31, 2025 40.08 Mn
Mar 31, 2025 40.08 Mn
Dec 31, 2024 92.01 Mn
Dec 31, 2024 92.01 Mn
Sep 30, 2024 35.29 Mn
Sep 30, 2024 35.29 Mn
Jun 30, 2024 33.39 Mn
Jun 30, 2024 33.39 Mn
Mar 31, 2024 32.10 Mn
Mar 31, 2024 32.10 Mn
Dec 31, 2023 84.03 Mn
Dec 31, 2023 84.03 Mn