Alkami Technology (ALKT) Gross Margin (2020 - 2026)
Alkami Technology (ALKT) posted Gross Margin of 56.85% for Q2 2026, down 2.93% on a QoQ basis from 58.56% in Q1 2026, and down 171.0% year-over-year from 80.07% in Q2 2025.
Analysis
Alkami Technology (ALKT) Gross Margin (2020 - 2026) Analysis & Trends
Alkami Technology has reported Gross Margin for 7 years, with the latest figure at 56.85% in Q2 2026.
- On a quarterly basis, Gross Margin fell 171.0% year-over-year to 56.85% in Q2 2026; TTM through Jun 2026 was 57.36%, a 159.0% decrease from a year earlier, with the FY2025 full-year figure at 57.84%, down 106.0% from the prior year.
- Gross Margin was 56.85% for Q2 2026 at Alkami Technology, down from 58.56% in the prior quarter.
- The five-year high for Gross Margin was 59.36% in Q2 2024, with the low at 51.61% in Q3 2022.
- Average Gross Margin over 5 years is 56.25%, with a median of 56.82% recorded in 2025.
- The sharpest annual moves came in 2022 and 2024: Gross Margin plunged 466 bps in 2022, then jumped 542 bps in 2024.
- Over 5 years, Gross Margin stood at 51.63% in 2022, then rose by 8 bps to 55.98% in 2023, then gained by 6 bps to 59.35% in 2024, then declined by 4 bps to 57.19% in 2025, then retreated by 1 bps to 56.85% in 2026.
- The last three Gross Margin figures came in at 56.85% (Q2 2026), 58.56% (Q1 2026), and 57.19% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 88.82% |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 42.52% |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | 93.25% |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | 59.25% |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 62.59% |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | 56.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.85% |
| Mar 31, 2026 | 58.56% |
| Dec 31, 2025 | 57.19% |
| Sep 30, 2025 | 56.79% |
| Jun 30, 2025 | 58.56% |
| Mar 31, 2025 | 59.04% |
| Dec 31, 2024 | 59.35% |
| Sep 30, 2024 | 58.92% |
| Jun 30, 2024 | 59.36% |
| Mar 31, 2024 | 57.84% |
| Dec 31, 2023 | 55.98% |
| Sep 30, 2023 | 53.99% |
| Jun 30, 2023 | 53.94% |
| Mar 31, 2023 | 53.57% |
| Dec 31, 2022 | 51.63% |
| Sep 30, 2022 | 51.61% |
| Jun 30, 2022 | 53.97% |
| Mar 31, 2022 | 55.39% |
| Dec 31, 2021 | 54.55% |
| Sep 30, 2021 | 56.27% |